Exhibit 99.4 Schedule 5

 

Exception Grades
Run Date - 6/17/2026 4:48:55 PM
Marketing ID 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
Dropped loan XX XX XX   33785206 12025021845-2798 04/18/2025 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Final 1003 for XX is not provided. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2025-04-24): Waived with compensating factors per lender request.
     04/24/2025 2 C B C B C B C B C B XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
Dropped loan XX XX XX   33785207 12025021845-2800 04/18/2025 Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit Report and Fraud Report for XX  is not provided. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2025-04-24): Waived with compensating factors per lender request.
     04/24/2025 2 D B D B D B D B D B XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
Dropped loan XX XX XX   33785208 12025021845-578 04/18/2025 Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Birth Date  was not provided Borrower: XX Birth Date is not provided. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2025-04-24): Waived with compensating factors per lender request.
     04/24/2025 2 B B B B B B B B B B XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
Dropped loan XX XX XX   33785209 12025021845-23698 04/18/2025 Credit Credit Credit Documentation Credit No evidence of fraud report in file Credit Report: Original // Borrower: XX No evidence of fraud report in file. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2025-04-24): Waived with compensating factors per lender request.
     04/24/2025 2 C B C B C B C B C B XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
Dropped loan XX XX XX   33785211 12025021845-4507 04/18/2025 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing provided is not recent.       Reviewer Comment (2025-04-23): Clear


Buyer Comment (2025-04-21): Please find cert of good standing. Please accept although past 10 days from the Note. Thank you.
 04/23/2025     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
Dropped loan XX XX XX   33785212 12025021845-4513 04/18/2025 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided           Reviewer Comment (2025-04-23): Clear


Buyer Comment (2025-04-21): Please find attached. Thank you
 04/23/2025     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
822 XX XX XX   36393032 32025112277-5205 01/07/2026 Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Provide OFAC for the borrowing entity.       Reviewer Comment (2026-01-12): Received fraud report reflects OFAC search for business entity. Verified and updated details. Exception Cleared.


Buyer Comment (2026-01-08): Fraud Report with corrected entity name for OFAC screening.
 01/12/2026     1 C A C A C A C A C A XX CT Investment Purchase   C A C A     A A   N/A No
671 XX XX XX   36393086 12025081300-3831 03/13/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Allow two transfer appraisals. Both were ordered through XX, which is an approved XX Borrower has verified disposable income of at least $2500.00.

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: 12mo Bank Statement
Disposable Income: $129,341.14

Reserves: 13.64
Guideline Requirement: 9.00

DTI: 4.57705%
Guideline Maximum DTI: 55.00000%

Guidelines Representative FICO: 700
Representative FICO: 795		 Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC		 Reviewer Comment (2026-03-13): Waived with compensating factors per lender exception approval at origination.
     03/13/2026 2   B   B   B   B   B XX NY Investment Refinance - Rate/Term   A B A B A A A A Exempt from ATR N/A No
674 XX XX XX   36393087 12025100645-34957 12/03/2025 Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $-3,367.00 exceeds tolerance of $-4,208.75. Insufficient or no cure was provided to the borrower. (9300) There is no sufficient cure amount provided in the file       Reviewer Comment (2025-12-12): SitusAMC received valid COC document


Buyer Comment (2025-12-11): Please see attached 11.21.2025 CD and COC


Buyer Comment (2025-12-11): Please see attached 11.21.2025 rate lock
 12/12/2025     1 C A C A C A C A C A XX FL Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Exempt from ATR Exempt from ATR No
674 XX XX XX   36393088 12025100645-23698 12/03/2025 Credit Credit Credit Documentation Credit No evidence of fraud report in file Credit Report: Original // Borrower: XX Fraud report is missing in the file       Reviewer Comment (2025-12-08): Fraud Report


Buyer Comment (2025-12-04): Fraud
 12/08/2025     1 C A C A C A C A C A XX FL Second Home Refinance - Cash-out - Other   C B C B C A A A Exempt from ATR Exempt from ATR No
674 XX XX XX   36393091 12025100645-3831 12/08/2025 Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception to allow master project policy on basic form, that does not include ordinance and law coverage A, B & C. Borrower has verified disposable income of at least $2500.00.

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

The refinance has decreased the borrower's monthly debt payments by 20% or more.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: Retirement Income - Fully Verified
Disposable Income: $9,989.96

DTI: 28.87228%
Guideline Maximum DTI: 50.00000%

Loan Purpose: Refinance
Monthly Debt Reduction: -31.00664%

Guidelines Representative FICO: 660
Representative FICO: 736		 SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2025-12-08): Waived with compensating factors per lender exception approval at origination.
     12/08/2025 2   B   B   B   B   B XX FL Second Home Refinance - Cash-out - Other   C B C B C A A A Exempt from ATR Exempt from ATR No
676 XX XX XX   36393095 12025110263-7038 12/04/2025 Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/XX/14/2025) Initial Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2025-12-09): SitusAMC received signed copy of the 11/14 initial CD.


Buyer Comment (2025-12-08): 11.14 CD Signed
 12/09/2025     1 C A C A C A C A C A XX NV Primary Refinance - Rate/Term No Defined Cure C B C B C A A A Exempt from ATR Exempt from ATR No
676 XX XX XX   36393096 12025110263-767 12/04/2025 Credit Credit Credit Eligibility Guideline Public Record Issue: Credit Report: Original // Public Record Type: Judgments / Balance: 52484.00 All judgements are required to be paid off.       Reviewer Comment (2026-03-23): Waived per lender exception received post-consummation.


Buyer Comment (2026-03-19): Situs, PLEASE note exception wast for both open conditions. Please see attached. Thank you.
     03/23/2026 2 B B B B B B B B B B XX NV Primary Refinance - Rate/Term   C B C B C A A A Exempt from ATR Exempt from ATR No
676 XX XX XX   36393097 12025110263-29639 12/04/2025 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing insurance verification for REO property on XX. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Borrower has verified disposable income of at least $2500.00.		 Reserves: 490.33
Guideline Requirement: 9.00

Guidelines Representative FICO: 680
Representative FICO: 806

Documentation Type: 1yr Full Doc
Disposable Income: $31,196.03		 Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-03-18): Lender approved exception post close with compensating factors


Buyer Comment (2026-03-16): Please see attached exception. Thank you.


Reviewer Comment (2025-12-18): Insurance verification along with letter of explanation is required. Exception Remains


Buyer Comment (2025-12-16): Situs PLEASE note HOI NOT included in REO on 1003 as tenants' responsibility. Please clear. Thank you.
     03/18/2026 2 C B C B C B C B C B XX NV Primary Refinance - Rate/Term   C B C B C A A A Exempt from ATR Exempt from ATR No
738 XX XX XX   36455705 12603005136-3831 04/29/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Provide the lease for the primary residence to cover the most recent 12-month period, along with verification of timely payments made (either canceled checks front and back or bank statements showing account ownership and payments debited by landlord) are required. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 38.94
Guideline Requirement: 0.00

Guidelines Representative FICO: 640
Representative FICO: 749		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-07): Waived with compensating factors per lender approved exception allowing only the VOR form from a private individual.


Buyer Comment (2026-05-05): Please see exception attached. Thank you.
     05/07/2026 2 C B C B C B C B C B XX NC Investment Purchase   C B C B     A A   N/A No
710 XX XX XX   36455707 12602003652-25749 04/29/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing final signed HUD.       Reviewer Comment (2026-05-06): Received final HUD and verified the details. Exception Cleared.


Buyer Comment (2026-05-04): Final SS
 05/06/2026     1 C A C A C A C A C A XX NY Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
710 XX XX XX   36455708 12602003652-5347 04/29/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.           Reviewer Comment (2026-05-06): Received Non-Owner Occupancy Declaration with section 4A completed. Exception Cleared.


Buyer Comment (2026-05-04): Non-Owner
 05/06/2026     1 C A C A C A C A C A XX NY Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
709 XX XX XX   36455978 12602003490-30673 04/27/2026 Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   CDA require as per updated appraisal 1004 which is showing Effective date 03/XX/2026, Provided CDA showing effective date 03/XX/2026 as per previews appraisal.       Reviewer Comment (2026-05-07): CDA received and verified. Exception cleared.


Buyer Comment (2026-05-05): CDA
 05/07/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Exempt from ATR No
709 XX XX XX   36455979 12602003490-37730 04/27/2026 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. As per Deal notes Loan designation should "NON-QM" but as per system it is Exempt from ATR, due to this difference we are getting this Exceptions.       Reviewer Comment (2026-04-27): CDFI lender testing ATR
 04/27/2026     1 A A A A A A A A A A XX CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Exempt from ATR No
709 XX XX XX   36455982 12602003490-5366 04/27/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 87.40624% exceeds Guideline total debt ratio of 50.00000%. Per Guidelines fixed expense ratio of 50% as CPA Letter does not specify as expense ratio.       Reviewer Comment (2026-05-01): Expense factor considered as 10%. Exception cleared.


Buyer Comment (2026-04-29): per guidelines, A 10% expense factor will be applied.
 05/01/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Exempt from ATR No
709 XX XX XX   36455983 12602003490-25029 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Per Guidelines fixed expense ratio of 50% as CPA Letter does not specify as expense ratio.       Reviewer Comment (2026-05-01): Expense factor considered as 10%. Exception cleared.
 05/01/2026     1 B A C A B A C A B A XX CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C A C A C A C A Non QM Exempt from ATR No
709 XX XX XX   36455984 12602003490-5695 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Per Guidelines fixed expense ratio of 50% as CPA Letter does not specify as expense ratio.       Reviewer Comment (2026-05-01): Expense factor considered as 10%. Exception cleared.
 05/01/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Exempt from ATR No
709 XX XX XX   36455985 12602003490-25035 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 87.40624% significantly exceeds the guideline maximum of 50.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Per Guidelines fixed expense ratio of 50% as CPA Letter does not specify as expense ratio.       Reviewer Comment (2026-05-01): Expense factor considered as 10%. Exception cleared.
 05/01/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Exempt from ATR No
755 XX XX XX   36455991 12603005763-37730 04/22/2026 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 (2026-04-30): CDFI lender testing ATR
     04/30/2026 2 A A A A A A A A A A XX TX Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
781 XX XX XX   36456010 12603006749-37730 04/24/2026 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 (2026-04-24): CDFI lender testing ATR.
     04/24/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
781 XX XX XX   36456014 12603006749-25029 04/24/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation discrepancy due to missing third party verification of self employment dated within 20 business days of closing for each borrower.  CPA did not confirm the business is currently active.       Reviewer Comment (2026-05-07): Third party verification within 20 business days of Note date provided in trailing docs.
 05/07/2026     1 B A C A B A C A B A XX FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
781 XX XX XX   36456015 12603006749-33058 04/24/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to missing third party verification of self employment dated within 20 business days of closing for each borrower.  CPA did not confirm the business is currently active.       Reviewer Comment (2026-05-07): Third party verification within 20 business days of Note date provided in trailing docs.
 05/07/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
781 XX XX XX   36456016 12603006749-5404 04/24/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX, Borrower: XX Third Party Verification
Third Party Verification		 File is missing third party verification of self employment dated within 20 business days of closing for each borrower.  CPA did not confirm the business is currently active.       Reviewer Comment (2026-05-07): Third party verification within 20 business days of Note date provided in trailing docs.


Buyer Comment (2026-05-05): XX


Buyer Comment (2026-05-05):XXX


Reviewer Comment (2026-05-01): Required third party verification of self-employment dated within 20 business days of closing for each borrower. CPA did not confirm the business is currently active. Provided CPA dated March 2025.Exception remains.


Buyer Comment (2026-04-29): Guidelines require For self-employed borrowers, the existence of the business must be independently verified by a disinterested third
party. The CPA verified the existence of the business. D0736 is dated within 20 business days of the note.
 05/07/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
781 XX XX XX   36456017 12603006749-29639 04/24/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   File is missing third party verification of self employment dated within 20 business days of closing for each borrower.  CPA did not confirm the business is currently active.       Reviewer Comment (2026-05-07): Third party verification within 20 business days of Note date provided in trailing docs.


Buyer Comment (2026-05-05): see attached docs


Reviewer Comment (2026-05-01): Required third party verification of self-employment dated within 20 business days of closing for each borrower. CPA did not confirm the business is currently active. Provided CPA dated March 2025.Exception remains.


Buyer Comment (2026-04-29): Guidelines require For self-employed borrowers, the existence of the business must be independently verified by a disinterested third
party. The CPA verified the existence of the business. D0736 is dated within 20 business days of the note.
 05/07/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
781 XX XX XX   36456018 12603006749-5695 04/24/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to missing third party verification of self employment dated within 20 business days of closing for each borrower. CPA did not confirm the business is currently active.       Reviewer Comment (2026-05-07): Third party verification within 20 business days of Note date provided in trailing docs.
 05/07/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
757 XX XX XX   36456029 12603005910-851 04/27/2026 Credit Insurance Insurance Documentation Insurance Flood Insurance Error: Insurance premium was not provided.   Flood Insurance document is not provided in file       Reviewer Comment (2026-04-30): Received flood insurance policy. Exception cleared.


Buyer Comment (2026-04-28): Please see attached
 04/30/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456031 12603005910-2835 04/27/2026 Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided           Reviewer Comment (2026-04-30): Received flood insurance policy. Exception cleared.


Buyer Comment (2026-04-28): Please see attached
 04/30/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456032 12603005910-5340 04/27/2026 Compliance Compliance Federal Compliance Flood Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post December 2015, the subject property is in a flood zone, flood insurance is not escrowed. Flood insurance document is not provided.       Reviewer Comment (2026-04-30): Received flood insurance policy. Exception cleared.


Buyer Comment (2026-04-28): Please see attached Master Policy
 04/30/2026     1 B A B A B A B A B A XX FL Primary Purchase Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456033 12603005910-37730 04/27/2026 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. Flood insurance document is not provided.       Reviewer Comment (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-28): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456034 12603005910-28553 04/27/2026 Compliance Compliance Federal Compliance Flood Flood Insurance Policy Missing The subject property is in a flood zone, evidence of flood insurance was not provided/obtained. Failure to obtain and disclose required insurance may result in additional federal and/or state compliance violations. Flood insurance document is not provided.       Reviewer Comment (2026-04-30): Received flood insurance policy. Exception cleared.


Buyer Comment (2026-04-28): Please see attached Master Policy
 04/30/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456035 12603005910-25029 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Incomplete pages provided for business bank statements for January–February 2026 and for the months April 2025 through December 2025.       Reviewer Comment (2026-05-06): As per program guidelines, bank statements containing only the summary page (page‑1) are acceptable, provided the statement reflects beginning balance, total deposits, total withdrawals, and ending balance for the period. Exception Cleared.
 05/06/2026     1 B A C A B A C A B A XX FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456037 12603005910-33058 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) waterfall due to incomplete pages provided for business bank statements for January–February 2026 and for the months April 2025 through December 2025.       Reviewer Comment (2026-05-06): As per program guidelines, bank statements containing only the summary page (page‑1) are acceptable, provided the statement reflects beginning balance, total deposits, total withdrawals, and ending balance for the period. Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456038 12603005910-34956 04/27/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/XX/2026 disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $160,326.12 is over disclosed by $185.00 compared to the calculated Amount Financed of $160,141.12 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated 04/XX/2026). (Final/XX/16/2026) The disclosed Amount Financed in the amount of $160,326.12 is over disclosed by $185.00 compared to the calculated Amount Financed of $160,141.12.       Reviewer Comment (2026-05-07): SitusAMC received PCCD, LOE, Copy of Refund Check and Proof of Mailing.


Buyer Comment (2026-05-06): Please see attached
   05/07/2026   2 C B C B C B C B C B XX FL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456039 12603005910-4376 04/27/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/XX/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $251,425.11 is under disclosed by $185.00 compared to the calculated Finance Charge of $251,610.11 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated 04/XX/2026). (Final/XX/16/2026) The disclosed Finance Charge in the amount of $251,425.11 is under disclosed by $185.00 compared to the calculated Finance Charge of $251,610.11.       Reviewer Comment (2026-05-07): SitusAMC received PCCD, LOE, Copy of Refund Check and Proof of Mailing.


Buyer Comment (2026-05-06): Please see attached
   05/07/2026   2 C B C B C B C B C B XX FL Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456040 12603005910-5695 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to incomplete pages provided for business bank statements for January–February 2026 and for the months April 2025 through December 2025.       Reviewer Comment (2026-05-06): As per program guidelines, bank statements containing only the summary page (page‑1) are acceptable, provided the statement reflects beginning balance, total deposits, total withdrawals, and ending balance for the period. Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456041 12603005910-29639 04/27/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Incomplete pages provided for business bank statements for January–February 2026 and for the months April 2025 through December 2025.       Reviewer Comment (2026-05-06): As per program guidelines, bank statements containing only the summary page (page‑1) are acceptable, provided the statement reflects beginning balance, total deposits, total withdrawals, and ending balance for the period. Exception Cleared.


Buyer Comment (2026-05-04): Please see attached
 05/06/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
757 XX XX XX   36456042 12603005910-33616 04/27/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-04-30): Received e-sign consent. Exception cleared.


Buyer Comment (2026-04-28): Please see attached
 04/30/2026     1 C A C A C A C A C A XX FL Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
730 XX XX XX   36456062 12603004893-5404 04/28/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX Third Party Verification File is missing VVOE for CPA dated within 20 business days of closing. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: 1yr P&L w/o Bank Statements
Disposable Income: $18,998.05		 SitusAMC

Originator,SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2026-05-07): Waived with compensating factors per lender approved exception received in trailing docs.


Buyer Comment (2026-05-05): PFA exception


Reviewer Comment (2026-05-01): Provided CPA letter is already updated, require VVOE for CPA within 20 business days of closing.


Buyer Comment (2026-04-29): V.VOE uploaded MP
     05/07/2026 2 C B C B C B C B C B XX TX Investment Refinance - Cash-out - Other   C B C B A A A A N/A Exempt from ATR No
730 XX XX XX   36456063 12603004893-29639 04/28/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   File is missing VVOE for CPA dated within 20 business days of closing. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: 1yr P&L w/o Bank Statements
Disposable Income: $18,998.05		 SitusAMC

Originator,SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2026-05-07): Waived with compensating factors per lender approved exception received in trailing docs.


Buyer Comment (2026-05-05): PFA exception


Reviewer Comment (2026-05-01): Provided CPA letter is already updated, require VVOE for CPA within 20 business days of closing.


Buyer Comment (2026-04-29): PFA V.VOE CPA Letter dated 3rd April.
     05/07/2026 2 C B C B C B C B C B XX TX Investment Refinance - Cash-out - Other   C B C B A A A A N/A Exempt from ATR No
730 XX XX XX   36456064 12603004992-30930 04/28/2026 Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of $XX is less than the note amount of $XX based on the Commitment in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-05-05): Final title with sufficient coverage received in trailing docs.


Buyer Comment (2026-05-01): Final Title
 05/05/2026     1 B A B A B A B A B A XX FL Investment Refinance - Rate/Term   B A B A A A A A N/A Exempt from ATR No
730 XX XX XX   36456065 12603004992-23931 04/28/2026 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment The file was missing a copy of the final title policy.       Reviewer Comment (2026-05-05): Final title received in trailing docs.
 05/05/2026     1 A A A A A A A A A A XX FL Investment Refinance - Rate/Term   B A B A A A A A N/A Exempt from ATR No
720 XX XX XX   36456072 12602004506-37730 04/28/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-29): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX FL Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Exempt from ATR No
720 XX XX XX   36456074 12602004506-6542 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $5,775.00 exceeds tolerance of $4,840.00.  $935.00 over legal limit.  Insufficient or no cure was provided to the borrower. (8304) Transfer Tax was last disclosed as $4,840.00 on Loan Estimate but disclosed as $5,775.00 on Final Closing Disclosure. File does not contain a valid Changed Circumstance for this fee, no evidence of cure in file.       Reviewer Comment (2026-05-06): SitusAMC received a valid COC.


Buyer Comment (2026-05-06): Please find attached the COC.


Reviewer Comment (2026-04-30): SitusAMC Lender Credit and Lender Cure are different amounts. Provided lender Credit $2625 cannot be consider as lender cure as Cure amount is not mentioned under section J inner column. If Lender credit $2625 is provided for exceeding Appraisal fee than provide Corrected PCCD and LOX updated with $2625 under section J inner column along with Final Settlement statement in order to clear the exception.


Buyer Comment (2026-04-29): Please refer doc ID # XX the lender credit was already applied on the final CD dated 4/17 page 2.
 05/06/2026     1 C A C A C A C A C A XX FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
771 XX XX XX   36456075 12603006357-41837 04/28/2026 Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: Preliminary;
State: CA		         Reviewer Comment (2026-05-07): Title supplement reflecting sufficient coverage received.


Buyer Comment (2026-05-06): PFA


Reviewer Comment (2026-05-06): The document received is an amendment to the escrow instructions.  Please provide either supplement to title commitment or final title reflecting sufficient coverage.


Buyer Comment (2026-05-01): Supplement from Title reflecting loan amount of $XX attached.


Buyer Comment (2026-05-01): PFA, Title Evidence: Preliminary; State: CA
 05/07/2026     1 B A B A B A B A B A XX CA Primary Purchase   C A B A C A A A Non QM Exempt from ATR No
771 XX XX XX   36456077 12603006357-37730 04/28/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-29): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX CA Primary Purchase   C A B A C A A A Non QM Exempt from ATR No
771 XX XX XX   36456083 12603006357-3314 04/28/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. (Net Proceeds from Sale of Real Estate/Equity On Sold Property) Document provided future dated.       Reviewer Comment (2026-05-05): While funding date has no bearing on this condition, file contained estimated seller's closing statement dated pre-consummation reflecting sufficient funds for subject transaction.


Buyer Comment (2026-05-01): Loan did not fund until 4/XX/2026.  See Final Settlement Statement attached. Net proceeds from sale of Real Estate are dated 4/XX/2026 – same as funding date.
 05/05/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A B A C A A A Non QM Exempt from ATR No
677 XX XX XX   36636770 12025112854-6543 02/27/2026 Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $4,038.00 exceeds tolerance of $3,114.00 plus 10% or $3,425.40.  $612.60 over legal limit.  Insufficient or no cure was provided to the borrower. (0) Ten Percent Fee Tolerance exceeded. Fie does not contain valid COC for the increase in endorsement fees from $0 to $957.  Cure required:  $612.60.       Reviewer Comment (2026-04-29): SitusAMC received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Buyer Comment (2026-04-28): Please find attached the PCCD, LOE and Check.


Reviewer Comment (2026-04-13): SitusAMC received rebuttal comment and ICD approval email but, any cure required needs to be provided by Lender at the final. The regulation under 1026.19(f) provides that only the creditor may make the refund (or a creditor or assignee in the case of a cure under 130(b)).  Having said that, if the broker issues a credit to the lender and the lender refunds the borrower to cure a tolerance violation and reflecting the cure in Section J of the CD, this would be permissible as the broker is paying the lender, and the lender is the one providing the refund/cure.
To complete cure, need LOE, copy of refund check to borrower and PCCD with lender credit/refund for cure reflected in Section J of the CD.


Buyer Comment (2026-04-10): This should have been a broker cure for under disclosed fees. Broker had approved it at ICD.
Please find attached the screenshot.


Reviewer Comment (2026-03-05): SitusAMC acknowledged that a valid COC for the endorsement fee increase was already present in the loan file. However, the provided COC dated 01/16 indicates that the endorsement fee increased from $0 to $957. Please note that document ID D0332, the initial CD dated 01/09, shows an endorsement fee of $783 disclosed without a VCC. Therefore, SitusAMC requires additional information explaining why this fee was added on the initial CD and why it was not known prior to or at the time of the initial application disclosure. Please also provide supporting information on when the lender became aware of this fee.


Buyer Comment (2026-03-03): The reason has already been stated in the COC, as the loan amount was increased.


Reviewer Comment (2026-03-03): SitusAMC received rebuttal comment. The COC referred to is for increase in endorsement fee of $783 but the fee was added on CD dated 01/09 and the COC dated 01/09 does not specify why the fee was added. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required.
Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.


Buyer Comment (2026-03-02): Please refer doc ID D0330.
   04/29/2026   2 C B C B C B C B C B XX TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Exempt from ATR Exempt from ATR No
684 XX XX XX   36636774 12601001463-5366 03/11/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 62.04082% exceeds Guideline total debt ratio of 50.00000%. Due to lower income was verified than what was used by lender.       Reviewer Comment (2026-05-11): Additional wage earner income received in trailing docs, resulting in DTI within guidelines.


Reviewer Comment (2026-05-04): Received updated exception; however, there is a new exception noted for not providing an updated 1003.  Without the updated 1003, income is unable to be updated to reduce the DTI to the stated amount.  An updated, signed 1003 reflecting all sources of income used in lender calculations is required for review of all income/ATR exceptions.


Buyer Comment (2026-04-30): Please see attached Exception approval


Reviewer Comment (2026-04-29): The DTI listed on the lender exception's does not match the DTI in the exception. Income documents were provided but an updated application is required in order to verify the new income..


Buyer Comment (2026-04-27): pls see exception


Reviewer Comment (2026-04-14): Received wage income documentation.  Condition to be re-reviewed upon receipt of a corrected loan application reflecting all sources of income used in qualification.


Buyer Comment (2026-04-14): Please see attached documents


Reviewer Comment (2026-04-02): WVOE income is not permitted on investment properties. Also, the form provided would not be acceptable without paystubs and/or w-2's. The employment would also need to be listed on the final 1003.


Reviewer Comment (2026-04-02): Cleared in error.


Reviewer Comment (2026-04-02): Employment verified with WVOE.


Buyer Comment (2026-04-02): Please see attached


Reviewer Comment (2026-04-02): Provided worksheet shows W-2 income was used for qualification, there is no documents provided for the same. Please provide the documents for W-2 income-  W-2, paystubs, VVOE, WVOE.


Buyer Comment (2026-03-31): Please see attached Documents
 05/11/2026     1 C A C A C A C A C A XX FL Investment Purchase   C B C B A A A A N/A Exempt from ATR No
684 XX XX XX   36636775 12601001463-17814 04/14/2026 Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   Per income worksheet and income documentation provided, borrower qualified using income from a salaried employment, which was not disclosed on the final 1003.  Please provide signed, updated 1003 reflecting all sources of employment income for subject loan. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: 12mo Bank Statement
Disposable Income: $33,030.53

Reserves: 297.02
Guideline Requirement: 6.00

Guidelines Representative FICO: 680
Representative FICO: 721		 SitusAMC

SitusAMC

SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-11): Waived with compensating factors per lender approved exception received in trailing documents.


Reviewer Comment (2026-05-04): Received updated exception; however, there is a new exception noted for not providing an updated 1003.  Without the updated 1003, income is unable to be updated to reduce the DTI to the stated amount.  An updated, signed 1003 reflecting all sources of income used in lender calculations is required for review of all income/ATR exceptions.


Buyer Comment (2026-04-30): Please see attached Exception approval
     05/11/2026 2   B   B   B   B   B XX FL Investment Purchase   C B C B A A A A N/A Exempt from ATR No
684 XX XX XX   36636776 12601001463-5404 04/14/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower:XX W-2 (2025) File is missing the required 2025 W2 for the wage earner income used in qualifying. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Borrower has verified disposable income of at least $2500.00.		 Reserves: 297.02
Guideline Requirement: 6.00

Guidelines Representative FICO: 680
Representative FICO: 721

Documentation Type: 12mo Bank Statement
Disposable Income: $33,030.53		 Originator,SitusAMC

Originator,SitusAMC

SitusAMC		 Reviewer Comment (2026-04-24): Waived with compensating factors per lender exception approval.


Buyer Comment (2026-04-22): Please see attached Exception approval for no 2025 W2


Reviewer Comment (2026-04-20): 2025 W-2 required for the wage earner income.


Buyer Comment (2026-04-16): Hi Team,
Please advise 2025 no W2s and paystubs.  We provide 2024 W2s and current paystubs Please see attached
     04/24/2026 2   B   B   B   B   B XX FL Investment Purchase   C B C B A A A A N/A Exempt from ATR No
688 XX XX XX   36636780 12601001764-26033 03/12/2026 Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated 01/XX/2026 was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. (Initial/XX/28/2026) Initial Loan Estimate dated 01/XX/2026 was electronically provided without or prior to borrower's consent to receive electronic disclosures which was dated 01/XX/2026.       Reviewer Comment (2026-03-26): SitusAMC received earliest e-consent.


Buyer Comment (2026-03-25): PFA


Buyer Comment (2026-03-25): PFA Audit history
 03/26/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
688 XX XX XX   36636782 12601001764-3831 03/12/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Missing UW discretion for borrower living rent free within someone other than a spouse.       Reviewer Comment (2026-03-30): Received UW discretion for borrower living rent free. Exception cleared.


Buyer Comment (2026-03-26): UW discretion
 03/30/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
688 XX XX XX   36636783 12601001764-4961 03/12/2026 Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Provide a VOR for the time prior to moving in with parents to live rent free.       Reviewer Comment (2026-03-30): Received pay history with lease agreement. Exception cleared.


Buyer Comment (2026-03-26): lease


Buyer Comment (2026-03-26): loe/rent payments
 03/30/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
688 XX XX XX   36636784 12601001764-37730 03/12/2026 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 (2026-03-27): CDFI lender testing ATR


Buyer Comment (2026-03-26): Please waive


Buyer Comment (2026-03-25): PFA Audit history
     03/27/2026 2 A A A A A A A A A A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
821 XX XX XX   36636788 32025111221-6583 03/16/2026 Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $710.00 exceeds tolerance of $585.00.  Sufficient or excess cure was provided to the borrower at Closing. (7506)         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
   03/13/2026   1 A A A A A A A A A A XX IL Primary Refinance - Rate/Term Final CD evidences Cure C B C B A A A A Non QM Non QM No
821 XX XX XX   36636789 32025111221-6583 03/16/2026 Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $809.85 exceeds tolerance of $250.00.  Sufficient or excess cure was provided to the borrower at Closing. (7520)         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
   03/13/2026   1 A A A A A A A A A A XX IL Primary Refinance - Rate/Term Final CD evidences Cure C B C B A A A A Non QM Non QM No
821 XX XX XX   36636791 32025111221-5404 03/16/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX P&L Statement The P&L is required to be completed and signed by the CPA/Tax preparer. Per the CPA letter, the P&L was completed by the borrower and, the P&L it is not signed by the CPA. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Guidelines Representative FICO: 640
Representative FICO: 770

Reserves: 10.52
Guideline Requirement: 3.00		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-03-31): Waived with compensating factors per lender approved exception.  CPA attested to reviewing P&L and financials, and to no affiliation with borrower or business used in qualifying.


Reviewer Comment (2026-03-26): As this relates to ATR, an investor approved exception, detailing what was relied on pre-consummation in getting comfortable approving the loan with a borrower prepared P&L will be required for review.


Buyer Comment (2026-03-24): Exception to allow borrower completed P&L.
     03/31/2026 2 C B C B C B C B C B XX IL Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
821 XX XX XX   36636792 32025111221-29639 03/16/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Waterfall due to the P&L is required to be completed and signed by the CPA/Tax preparer. Per the CPA letter, the P&L was completed by the borrower and, the P&L it is not signed by the CPA. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 10.52
Guideline Requirement: 3.00

Guidelines Representative FICO: 640
Representative FICO: 770		 Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-03-31): Waived with compensating factors per lender approved exception.  CPA attested to reviewing P&L and financials, and to no affiliation with borrower or business used in qualifying.


Reviewer Comment (2026-03-26): As this relates to ATR, an investor approved exception, detailing what was relied on pre-consummation in getting comfortable approving the loan with a borrower prepared P&L will be required for review.


Buyer Comment (2026-03-24): See exception form for borrower prepared P&L uploaded on 3/24.
     03/31/2026 2 C B C B C B C B C B XX IL Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
831 XX XX XX   36636796 32026020158-41837 03/25/2026 Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: Preliminary;
State: CA		 Information updated as per Title Commitment.       Reviewer Comment (2026-03-30): Title policy amount updated from supplemental report. Exception cleared.


Buyer Comment (2026-03-26): See attached supplemental report.
 03/30/2026     1 B A B A B A B A B A XX CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
831 XX XX XX   36636801 32026020158-29639 03/25/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Waterfall due to missing the VVOE with the CPA prior to closing. Borrower has verified disposable income of at least $2500.00.

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 Documentation Type: 1yr P&L w/o Bank Statements
Disposable Income: $8,770.33

Loan to Value: 32.78689%
Guideline Maximum Loan to Value: 70.00000%		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-04-22): VVOE received in trailing docs.


Reviewer Comment (2026-04-22): Reopened due to lender provided VVOE.


Reviewer Comment (2026-04-06): Waived with compensating factors per investor approved exception.


Reviewer Comment (2026-04-06): Regraded to EV2-B based on lender exception outlining alternate documentation used to verify employment pre-closing.


Buyer Comment (2026-04-01): Please see the attached approved exception for missing VVOE.


Reviewer Comment (2026-03-30): Required A Verbal verification with the CPA is required prior to closing within 20 business days of the note date. Provided is more than 20 days. Exception remains.


Buyer Comment (2026-03-26): See attached
 04/22/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
831 XX XX XX   36636802 32026020158-25029 03/25/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Waterfall due to missing the VVOE with the CPA prior to closing.       Reviewer Comment (2026-04-06): Loan is NonQM


Reviewer Comment (2026-04-01): Sent back at client request.


Buyer Comment (2026-04-01): See document uploaded on 4/1/26.
 04/06/2026     1 B A C A B A C A B A XX CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM No
831 XX XX XX   36636803 32026020158-5695 03/25/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to missing the VVOE with the CPA prior to closing.       Reviewer Comment (2026-04-22): VVOE received in trailing docs.


Reviewer Comment (2026-04-22): Reopened due to lender provided VVOE.


Reviewer Comment (2026-04-06): Loan is NonQM


Reviewer Comment (2026-04-01): Sent back at client request.


Buyer Comment (2026-04-01): See document uploaded on 4/1/26
 04/22/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
831 XX XX XX   36636804 32026020158-33058 03/25/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to missing the VVOE with the CPA prior to closing.       Reviewer Comment (2026-04-22): VVOE received in trailing docs.


Reviewer Comment (2026-04-22): Reopened due to lender provided VVOE.


Reviewer Comment (2026-04-06): Waived with compensating factors per investor approved exception.


Reviewer Comment (2026-04-06): Regraded to EV2-B based on lender exception outlining alternate documentation used to verify employment pre-closing.


Reviewer Comment (2026-04-01): Sent back at client request.


Buyer Comment (2026-04-01): See document uploaded on 4/1/26
 04/22/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
831 XX XX XX   36636805 32026020158-5404 03/25/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX VVOE Missing the VVOE with the CPA prior to closing. Borrower has verified disposable income of at least $2500.00.

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 Documentation Type: 1yr P&L w/o Bank Statements
Disposable Income: $8,770.33

Loan to Value: 32.78689%
Guideline Maximum Loan to Value: 70.00000%		 Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-04-22): VVOE received in trailing docs.


Reviewer Comment (2026-04-22): Reopened due to lender provided VVOE.


Reviewer Comment (2026-04-06): Waived with compensating factors per investor approved exception.


Reviewer Comment (2026-04-06): Regraded to EV2-B based on lender exception outlining alternate documentation used to verify employment pre-closing.


Reviewer Comment (2026-04-01): Sent back at client request.


Buyer Comment (2026-04-01): See document uploaded on 4/1/26
 04/22/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
764 XX XX XX   36636808 12603006078-37730 04/27/2026 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 (2026-04-29): CDFI lender testing ATR.


Buyer Comment (2026-04-27): Please waive.
     04/29/2026 2 A A A A A A A A A A XX WA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Exempt from ATR No
764 XX XX XX   36636810 12603006078-4264 04/27/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of 2.08 is less than Guideline PITIA months reserves of 6.00. File is missing verification of 6 months reserves.   Guidelines do not allow for cash out to be used for reserves. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Documentation Type: 12mo Bank Statement
Disposable Income: $28,807.06

DTI: 33.53865%
Guideline Maximum DTI: 50.00000%		 SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-15): Waived with compensating factors per lender approved exception received in trailing documents.


Buyer Comment (2026-05-13): exception


Reviewer Comment (2026-05-11): Received same exception as previously submitted.  The comp factors provided all relate to income documentation and do not address was was relied on pre-consummation in approving the subject loan with the required reserves (as they cannot come from cash out per guidelines).


Buyer Comment (2026-05-07): exception


Reviewer Comment (2026-05-07): EXCEPTION HISTORY - Exception Explanation was updated on 05/07/2026 PRIOR Exception Explanation: Calculated PITIA months reserves of 0.91 is less than Guideline PITIA months reserves of 6.00.


Reviewer Comment (2026-05-04): Received lender approved exception; however, it does not detail what lender relied on in approving the loan without the required reserves.  The items listed on Page 3 all relate to borrower's income and exception is in relation to missing required 6 months' reserves.


Buyer Comment (2026-05-01): exception
     05/15/2026 2 C B C B C B C B C B XX WA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Exempt from ATR No
764 XX XX XX   36636811 12603006078-25029 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation discrepancy due to file is missing verified 6 months reserves.       Reviewer Comment (2026-05-15): Non-QM Equivalency with documented lender exception.


Buyer Comment (2026-05-13): Please see attached


Reviewer Comment (2026-05-11): Received same exception as previously submitted.  The comp factors provided all relate to income documentation and do not address was was relied on pre-consummation in approving the subject loan with the required reserves (as they cannot come from cash out per guidelines).


Buyer Comment (2026-05-08): Please find attached


Reviewer Comment (2026-05-04): Received lender approved exception; however, it does not detail what lender relied on in approving the loan without the required reserves.  The items listed on Page 3 all relate to borrower's income and exception is in relation to missing required 6 months' reserves.


Buyer Comment (2026-04-30): Please find attached
 05/15/2026     1 B A C A B A C A B A XX WA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Exempt from ATR No
764 XX XX XX   36636812 12603006078-5695 04/27/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to file is missing verified 6 months reserves.       Reviewer Comment (2026-05-15): Documented lender exception.


Reviewer Comment (2026-05-15): EV2-B with lender exception documenting sufficient comp factors considered pre-consummation.


Buyer Comment (2026-05-13): see attached exception


Reviewer Comment (2026-05-11): Received same exception as previously submitted.  The comp factors provided all relate to income documentation and do not address was was relied on pre-consummation in approving the subject loan with the required reserves (as they cannot come from cash out per guidelines).


Buyer Comment (2026-05-08): Please find attached


Reviewer Comment (2026-05-04): Received lender approved exception; however, it does not detail what lender relied on in approving the loan without the required reserves.  The items listed on Page 3 all relate to borrower's income and exception is in relation to missing required 6 months' reserves.


Buyer Comment (2026-04-30): Please find attached
 05/15/2026     1 C A C A C A C A C A XX WA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Exempt from ATR No
726 XX XX XX   36636814 12603004809-37730 04/27/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-28): Please waive.
     04/30/2026 2 A A A A A A A A A A XX CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Exempt from ATR No
726 XX XX XX   36636817 12603004809-30673 04/27/2026 Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   Provided desk review effective date of 3/XX/2026 which does not match with the appraisal effective date.       Reviewer Comment (2026-05-11): CDA with same effective date as appraisal received in trailing docs.


Buyer Comment (2026-05-07): CDA
 05/11/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Exempt from ATR No
726 XX XX XX   36636818 12603004809-23089 04/27/2026 Credit Property - Appraisal General Appraisal Requirements Property - Appraisal Subject is a refinance and property is listed for sale. Valuation Type: Appraisal / Valuation Report Date: 04/XX/2026 Appraisal disclosed that property was currently listed for sale.  Please provide verification of when listing was cancelled.  If listed at the time of application, please provide a letter of explanation disclosing the reason the property was listed, and evidence that it was taken off the market prior to the Note date.       Reviewer Comment (2026-05-01): The subject property was listed on 06/xx/2025, which is consistent with the appraisal report and independently verified on XX. The borrower purchased the property from the same listing on 07/xx/2025. No additional listings were found on XX after the borrower’s purchase date. Exception cleared.


Buyer Comment (2026-04-29): XX
 05/01/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A A A C A Non QM Exempt from ATR No
699 XX XX XX   36636822 12602002584-35682 04/27/2026 Credit Income Income Error Income Income document is missing the document date and/or tax year. Borrower:XX// Employment Type: Employment / Income Type: Bank Statements / Start Date: 08/XX/2014 // Document: Other / Document Date: <empty> / Tax Year: <empty> HOA document is not dated.       Reviewer Comment (2026-05-07): Dated LOE for no HOA on other real estate owned received in trailing documents.


Reviewer Comment (2026-05-05): Letter of explanation-Income document is not dated. Exception remains.


Buyer Comment (2026-05-01): HOA
 05/07/2026     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   C A C A B A A A N/A Exempt from ATR No
699 XX XX XX   36636823 12602002584-25838 04/27/2026 Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. Address: XX Insurance Verification, Statement, Tax Verification
Insurance Verification, Statement, Tax Verification
Insurance Verification, Statement, Tax Verification
Insurance Verification, Statement, Tax Verification
Insurance Verification, Statement, Tax Verification
Insurance Verification, Statement, Tax Verification		 Mortgage Statement, Tax Verification and Insurance document missing for properties.       Reviewer Comment (2026-05-05): First Payment Letter verifies the Tax and insurance are escrowed. Exception cleared.


Buyer Comment (2026-05-01): XXX FPL


Buyer Comment (2026-05-01): XXX FPL


Buyer Comment (2026-05-01): XXX FPL


Buyer Comment (2026-05-01): XXX FPL


Buyer Comment (2026-05-01): XXX FPL


Buyer Comment (2026-05-01): XXX FPL
 05/05/2026     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   C A C A B A A A N/A Exempt from ATR No
699 XX XX XX   36636825 12602002584-2802 04/27/2026 Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   Initial Credit Application not provided.       Reviewer Comment (2026-05-01): Received Lender's initial/credit application 1003, information validated. Exception Cleared.


Buyer Comment (2026-04-29): pls see
 05/01/2026     1 B A B A B A B A B A XX TX Investment Refinance - Cash-out - Other   C A C A B A A A N/A Exempt from ATR No
699 XX XX XX   36636826 12602002584-29639 04/27/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Mortgage Statement, Tax Verification and Insurance document missing for properties.       Reviewer Comment (2026-05-07): All REO documents received in trailing documents.


Reviewer Comment (2026-05-05): Letter of explanation-Income document is not dated. Exception remains.


Buyer Comment (2026-05-01): see attached docs
 05/07/2026     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   C A C A B A A A N/A Exempt from ATR No
704 XX XX XX   36636829 12602002956-37730 04/28/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   C A B A C A A A Non QM Exempt from ATR No
704 XX XX XX   36636832 12602002956-34957 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $0.00 exceeds tolerance of $-3,300.00. Insufficient or no cure was provided to the borrower. (9300) Lender Credits was disclosed on initial Loan estimate as $0 but disclosed but final Closing Disclosure $-3300. File does not contain a valid COC for this fee, nor evidence of cure is provided in file.       Reviewer Comment (2026-05-13): Lender provided explanation that original lock expired 30 days after being locked on 2/9 and was re-locked on 3/26, which is supported by rate lock documentation and pricing in file.


Reviewer Comment (2026-05-01): Situsamc File Contains COC dated 03/26, however, it does provide sufficient information why loan is re-locked.  In order to determine if the changed circumstance is valid more information is necessary on reason lender credit removed and when lender became aware of the change.  A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Buyer Comment (2026-04-30): Lender credit is reflected as $0 on the final CD dated 4/13/2026, page 2
 05/13/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A B A C A A A Non QM Exempt from ATR No
704 XX XX XX   36636833 12602002956-767 04/28/2026 Credit Credit Credit Eligibility Guideline Public Record Issue: Credit Report: Original // Public Record Type: Judgments / Balance: 47823.52 Judgement is required to be paid off.       Reviewer Comment (2026-05-06): Satisfaction of judgment received.


Buyer Comment (2026-05-04): satisfaction


Buyer Comment (2026-05-04): paid as agreed
 05/06/2026     1 B A B A B A B A B A XX CA Primary Refinance - Cash-out - Other   C A B A C A A A Non QM Exempt from ATR No
682 XX XX XX   36636834 12601001349-3831 04/29/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Approved Lender exception provided at origination for borrower pays rent in cash for the primary residence. Have VOR from the private party and cash receipts. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

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

Borrower has verified disposable income of at least $2500.00.		 DTI: 30.53015%
Guideline Maximum DTI: 50.00000%

Reserves: 15.89
Guideline Requirement: 3.00

Documentation Type: 1yr P&L w/o Bank Statements
Disposable Income: $16,292.07		 SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2026-04-29): Waived with compensating factors per lender exception approval at origination.
     04/29/2026 2 B B B B B B B B B B XX NY Investment Purchase   B B B B A A A A N/A Exempt from ATR No
718 XX XX XX   36636835 12602004377-33616 04/29/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement E-Sign Consent Agreement: E-sign Consent Agreement is missing       Reviewer Comment (2026-05-04): E-Sign Consent Agreement received. Exception cleared.


Buyer Comment (2026-04-30): please see attached.
 05/04/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636838 12602004377-37730 04/29/2026 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 (2026-04-29): CDFI lender testing ATR.
     04/29/2026 2 A A A A A A A A A A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636839 12602004377-30831 04/29/2026 Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   The Hazard Insurance policy did not list Lender or Servicer as mortgagee.  Please provide an updated policy disclosing xx (with an S) Funding.       Reviewer Comment (2026-05-14): Updated HOI received reflecting correct mortgagee clause.


Buyer Comment (2026-05-12): HOI
 05/14/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636840 12602004377-5404 04/29/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX CPA Letter CPA letter does not confirm that there is no affiliation between the CPA, borrower and borrowers business.       Reviewer Comment (2026-05-06): Received CPA letter and CPA confirms that there is no affiliation between the CPA & borrower 100 % percent owner of his self-employment business and operating since January 2019.Exception Cleared.


Buyer Comment (2026-05-04): cpa letter
 05/06/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636841 12602004377-29639 04/29/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Waterfall due to the CPA letter does not confirm that there is no affiliation/relationship between the CPA, borrower and borrowers business.       Reviewer Comment (2026-05-06): Received CPA letter and CPA confirms that there is no affiliation between the CPA & borrower 100 % percent owner of his self-employment business and operating since January 2019.Exception Cleared.


Buyer Comment (2026-05-04): see attached cpa letter
 05/06/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636842 12602004377-25029 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Waterfall due to the CPA letter does not confirm that there is no affiliation/relationship between the CPA, borrower and borrowers business.       Reviewer Comment (2026-05-06): Received CPA letter and CPA confirms that there is no affiliation between the CPA & borrower 100 % percent owner of his self-employment business and operating since January 2019.Exception Cleared.
 05/06/2026     1 B A C A B A C A B A XX CT Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636843 12602004377-33058 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to the CPA letter does not confirm that there is no affiliation/relationship between the CPA, borrower and borrowers business.       Reviewer Comment (2026-05-06): Received CPA letter and CPA confirms that there is no affiliation between the CPA & borrower 100 % percent owner of his self-employment business and operating since January 2019.Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
718 XX XX XX   36636844 12602004377-5695 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Waterfall due to the CPA letter does not confirm that there is no affiliation/relationship between the CPA, borrower and borrowers business.       Reviewer Comment (2026-05-06): Received CPA letter and CPA confirms that there is no affiliation between the CPA & borrower 100 % percent owner of his self-employment business and operating since January 2019.Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX CT Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
801 XX XX XX   36636846 12603007391-40769 04/29/2026 Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure issued on 04/XX/2026 contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Received interim CD 04/XX/2026 is incomplete.       Reviewer Comment (2026-05-12): SitusAMC received LOA to remove incomplete CD from testing.


Buyer Comment (2026-05-12): Please find attached the updated LOE


Reviewer Comment (2026-05-11): Thank you for the LOA however the wording is insufficient.  The LOA must specifically say, if such is the case, that the CD in question dated 4/20, document 301 was not provided to the borrower in order to remove the CD from testing.


Buyer Comment (2026-05-08): Please find attached the LOA.


Reviewer Comment (2026-05-07): The audit trail is insufficient, please provide LOA stating the 4/20 CD was not provided to the borrower to remove the 4/20 CD from testing.


Buyer Comment (2026-05-06): Please refer to the CD tracking audit. Only the CD dated 04/08/2026 has been sent; the CD dated 04/20/2026 has not been sent.


Reviewer Comment (2026-05-01): Per TRID Grid 4.0, Additional Considerations Row 3, The TPR firm can exclude an LE or CD from consideration if it was not provided to the consumer. Acceptable documentation is a lender attestation that it was not provided to the consumer. (This is only applicable if the document is not acknowledged by the consumer and no other evidence CD was provided or received by the consumer.) Attestation should be in a separate document that can be included in the loan file.


Buyer Comment (2026-04-30): This CD, dated 4/20/2026, is not issued by the lender; it is issued by the title company. Please ignore the CD dated 4/20/2026.
 05/12/2026     1 C A C A C A C A C A XX TX Primary Purchase No Defined Cure C A A A C A A A Non QM Exempt from ATR No
801 XX XX XX   36636847 12603007391-37730 04/29/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX TX Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
792 XX XX XX   36636850 12603007187-37730 04/29/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX FL Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
778 XX XX XX   36636854 12603006580-2839 04/30/2026 Credit Asset Asset Documentation Asset Missing Document: Gift Letter not provided   Missing updated gift letter in the amount of $42,766.69.       Reviewer Comment (2026-05-18): Gift letter received in trailing documents.


Buyer Comment (2026-05-14): Please see gift letter attached. Thank you.
 05/18/2026     1 C A C A C A C A C A XX TX Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
778 XX XX XX   36636855 12603006580-37730 04/30/2026 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. Gift letter was not found in file, causing the loan to waterfall through the QM Testing.       Reviewer Comment (2026-04-30): CDFI lender testing ATR
     04/30/2026 2 A A A A A A A A A A XX TX Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
778 XX XX XX   36636856 12603006580-25029 04/30/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Gift letter was not found in file, causing the loan to waterfall through the QM Testing, resulting in a Loan Designation discrepancy.       Reviewer Comment (2026-05-18): Gift letter received in trailing documents.
 05/18/2026     1 B A C A B A C A B A XX TX Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
778 XX XX XX   36636857 12603006580-5695 04/30/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Gift letter was not found in file, causing the loan to waterfall through the QM Testing.       Reviewer Comment (2026-05-18): Gift letter received in trailing documents.
 05/18/2026     1 C A C A C A C A C A XX TX Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
721 XX XX XX   36636859 12602004576-37730 04/30/2026 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 (2026-04-30): CDFI lender testing ATR
     04/30/2026 2 A A A A A A A A A A XX IN Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
798 XX XX XX   36636863 12603007355-37730 05/04/2026 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. 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): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX FL Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
800 XX XX XX   36636866 12603007388-37730 05/07/2026 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 (2026-05-07): CDFI lender testing ATR
     05/07/2026 2 A A A A A A A A A A XX NJ Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
800 XX XX XX   36636867 12603007388-41860 05/07/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/XX/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $668,799.54 is under disclosed by $213.00 compared to the calculated Finance Charge of $669,012.54 which exceeds the $100.00 threshold.  Disclosed Amount Financed on page 5 is also blank or inaccurate.  Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 04/XX/2026). (Final/XX/28/2026) Final Closing Disclosure provided on 04/XX/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $668,799.54 is under-disclosed by $213.00 compared to the calculated Finance Charge of $669,012.54, which exceeds the $100.00 threshold. Disclosed Amount Financed on page 5 is also blank or inaccurate. Fee amounts included in Finance Charge and Amount Financed calculations are based on Closing Disclosure dated 04/XX/2026.       Reviewer Comment (2026-05-19): SitusAMC received Corrected CD & LOE to borrower allocating lender credit to finance charge


Buyer Comment (2026-05-19): Please find attached the PCCD. The Lender credit has been itemized towards settlement costs.
 05/19/2026     1 C A C A C A C A C A XX NJ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C A A A C A A A Non QM Exempt from ATR No
713 XX XX XX   36636872 12602003829-37730 05/11/2026 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. 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 (2026-05-14): CDFI lender testing ATR


Buyer Comment (2026-05-12): Lender testing ATR
     05/14/2026 2 A A A A A A A A A A XX FL Primary Purchase   B B B B A A A A Non QM Exempt from ATR No
713 XX XX XX   36636875 12602003829-3831 05/11/2026 Credit Credit Miscellaneous Guideline Credit Exception:   1. Less than 10% reserves allowed under the following conditions:
3.3% - 4.99% if condo has cash assets that equal 75% of HOA assessments as listed on current year budget
2. Mortgage may not be responsible for delinquent HOA dues that exceed Fannie Mae requirements.		 Borrower has been employed in the same industry for more than 5 years.

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

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

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

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 Borrower has been employed in the same industry for more than 5 years.

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

Reserves: 9.35
Guideline Requirement: 3.00

Borrower's Own Funds Percent: 17.91%
Borrower's Own Funds Amount: $38,516.90

Loan to Value: 73.11628%
Guideline Maximum Loan to Value: 90.00000%		 Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC		 Reviewer Comment (2026-05-08): Waived with compensating factors per lender exception approval at origination.
     05/08/2026 2 B B B B B B B B B B XX FL Primary Purchase   B B B B A A A A Non QM Exempt from ATR No
797 XX XX XX   36636877 12603007346-37730 05/11/2026 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 (2026-05-11): CDFI lender testing ATR.
     05/11/2026 2 A A A A A A A A A A XX GA Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
Dropped loan XX XX XX   36636882 12602002998-37730 05/12/2026 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 (2026-05-15): CDFI lender testing ATR


Buyer Comment (2026-05-13): Please waive.
     05/15/2026 2 A A A A A A A A A A XX MD Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Exempt from ATR No
Dropped loan XX XX XX   36636884 12602002998-1871 05/12/2026 Compliance Compliance State Compliance State HPML (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) Maryland Higher-Priced Mortgage Loan:  Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for.         Reviewer Comment (2026-05-21): Waived per lender direction.


Buyer Comment (2026-05-19): Please waive.
     05/21/2026 2 B B B B B B B B B B XX MD Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Exempt from ATR No
Dropped loan XX XX XX   36636885 12602002998-22638 05/12/2026 Compliance Compliance State Compliance State HPML Maryland HPML Threshold Test Non-Compliant Maryland Higher-Priced Mortgage Loan: APR on subject loan of 7.65823% or Final Disclosure APR of 7.66900% is equal to or greater than the threshold of APOR 6.12% + 1.5%, or 7.62000%.  Non-Compliant Higher Priced Loan.         Reviewer Comment (2026-05-21): Waived per lender direction.


Buyer Comment (2026-05-19): Please waive.
     05/21/2026 2 B B B B B B B B B B XX MD Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Exempt from ATR No
679 XX XX XX   36636887 12026011023-25749 03/06/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Provide a Final HUD/Closing Statement signed by all parties or stamped true and certified by title agent.       Reviewer Comment (2026-03-13): Received Closing statement. Exception Cleared.


Buyer Comment (2026-03-11): Final executed HUD-1 attached. Thank you.
 03/13/2026     1 C A C A C A C A C A XX WI Investment Purchase   D A D A     A A   N/A No
679 XX XX XX   36636888 12026011023-2827 03/06/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   Please provide warranty deed transferring ownership to current owner.       Reviewer Comment (2026-03-19): Received warranty deed transferring ownership to current owner. Exception cleared


Buyer Comment (2026-03-17): Please see attached warranty deed. Thank you.
 03/19/2026     1 D A D A D A D A D A XX WI Investment Purchase   D A D A     A A   N/A No
679 XX XX XX   36636889 12026011023-2919 03/06/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current.       Reviewer Comment (2026-05-08): LOE from non-borrowing spouse and copy of Note, reflecting our borrower is not obligated, received in trailing docs.


Reviewer Comment (2026-05-07): Provide a copy of mortgage statement to evidence the borrower is not on the mortgage. Guidelines do not indicate the Note is acceptable evidence of living rent free with spouse. Exception Remains.


Buyer Comment (2026-05-05): See note attached confirms Borrower not on mtg. Document already sent to you. Thanks.


Reviewer Comment (2026-04-28): Borrower lives rent free with the spouse. The original letter states there is a mortgage associated with the property and that the borrower is not on the mortgage. Provide a copy of the mortgage statement to evidence the borrower is not on the mortgage as required per guidelines.


Buyer Comment (2026-04-24): Please see documents attached as an exception for no LLPA is not required per guidelines attached. Thanks so much. Final 1008 included.


Reviewer Comment (2026-04-17): Provide LLPA and UW discretion.


Buyer Comment (2026-04-15): Please see rent free loe with Esignature confirmation.


Reviewer Comment (2026-04-13): If borrower is living with spouse, provide a mortgage statement for subject property.  Guidelines do not indicate the Note is acceptable evidence of living rent free with spouse.


Buyer Comment (2026-04-09): Please see Note attached only in wife's name along with guideline. Thank you.


Reviewer Comment (2026-03-31): Per LOE, borrower is living rent free with spouse. Provide Rate Lock as Loan to be locked with a LLPA for living rent free. Exception remains.


Buyer Comment (2026-03-27): Please see attached. Thank you.


Buyer Comment (2026-03-27): See note attached


Reviewer Comment (2026-03-19): Property profile is acceptable if owned free and clear. Per guides, Borrowers living rent free with a spouse are acceptable with rent-free letter from spouse and evidence of spouse’s mortgage or current lease. Exception remains


Buyer Comment (2026-03-17): Situs, PLEASE note a letter from the homeowner/spouse is not what the condition stated:
"For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current".
that was what was provided. Please clear or explain. Thank you.


Reviewer Comment (2026-03-13): Rent free letter must come from homeowner/spouse.


Buyer Comment (2026-03-11): Please see property profile attached. Thank you.


Buyer Comment (2026-03-11): Please see documents for mtg history attached.


Buyer Comment (2026-03-11): Please see vom attached. Thank you.
 05/08/2026     1 C A C A C A C A D A XX WI Investment Purchase   D A D A     A A   N/A No
725 XX XX XX   36636891 12603004796-2919 04/03/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current.       Reviewer Comment (2026-05-11): Property history report and recorded deed from 6/2017 received in trailing documents.


Reviewer Comment (2026-05-07): As per the provided property history report and deed, the property is free and clear; however, proof of payment for the most recent property tax year is still pending. Exception remains.


Buyer Comment (2026-05-05): Please note Borrower has been residing there since 6/2017. Please see attached. Thank you.


Reviewer Comment (2026-04-14): As per provided property profile unable to verify when the property was purchased by borrower as deed taken on 6xx/2017 is missing buyer and seller details. Along with this provide evidence of current taxes paid for primary residence. Exception remains.


Buyer Comment (2026-04-10): See property profile as primary free & clear. Thank you.
 05/11/2026     1 C A C A C A C A D A XX IL Investment Purchase   D A D A     A A   N/A No
700 XX XX XX   36636893 12602002611-23931 04/24/2026 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment         Reviewer Comment (2026-05-18): Final title policy received.
 05/18/2026     1 A A A A A A A A A A XX OH Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
700 XX XX XX   36636894 12602002611-28330 04/24/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of $XX is less than Guideline minimum loan amount of $XX Lender exception approving the Note loan amount of $XX being less than Guideline minimum loan amount of $XX Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.		 Reserves: 33.01
Guideline Requirement: 0.00

Debt Service Coverage Ratio: 1.65
Guideline Requirement: 1.00		 SitusAMC

SitusAMC		 Reviewer Comment (2026-04-24): Waived with compensating factors per lender exception approval at origination.
     04/24/2026 2 B B B B B B B B B B XX OH Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
700 XX XX XX   36636895 12602002611-3831 04/24/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property.  Provide evidence loan was paid in full or that the subject property was fully released from the lien.       Reviewer Comment (2026-05-18): Final title policy received reflecting no additional liens.


Buyer Comment (2026-05-14): final


Buyer Comment (2026-05-14): loan policy jacket
 05/18/2026     1 C A C A C A C A C A XX OH Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
773 XX XX XX   36636902 12603006415-25700 05/07/2026 Credit Guideline Guideline Issue Guideline Experience level does not meet the guideline requirements for an experienced investor.   Lender approved exception at origination to allow a first time investor without the required 12 months housing history verification.  8 months housing history has been verified; however, 12 months required for first-time investor. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 4.51
Guideline Requirement: 0.00

Guidelines Representative FICO: 640
Representative FICO: 718		 Originator Pre-Close,SitusAMC

SitusAMC

Originator Pre-Close,SitusAMC		 Reviewer Comment (2026-05-07): Waived with compensating factors per lender approved exception at origination.
     05/07/2026 2 B B B B B B B B B B XX FL Investment Purchase   B B B B     A A   N/A No
794 XX XX XX   36636904 12603007213-7919 05/08/2026 Credit Insurance Insurance Documentation Insurance Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal.   Blanket policy expires in less than 30 days from the Note date.       Reviewer Comment (2026-05-14): Renewal blanket policy received in trailing documents.


Buyer Comment (2026-05-12): Blanket ins
 05/14/2026     1 C A C A C A C A C A XX NY Investment Purchase   C A C A     A A   N/A No
698 XX XX XX   36636906 12602002506-4747 05/11/2026 Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   HUD/CS provided is an estimate.       Reviewer Comment (2026-05-18): Final settlement statement received


Buyer Comment (2026-05-14): Please find attached
 05/18/2026     1 D A D A D A D A D A XX AZ Investment Refinance - Rate/Term   D A D A     A A   N/A No
673 XX XX XX   36715928 12025093097-23931 02/24/2026 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Commitment File is missing a copy of the Final Title Policy.       Reviewer Comment (2026-02-27): Received final title policy. Exception cleared.
 02/27/2026     1 A A A A A A A A A A XX IN Investment Refinance - Rate/Term   C A C A     A A   N/A No
673 XX XX XX   36715929 12025093097-33586 02/24/2026 Credit Loan Package Documentation Closing / Title Loan Package Documentation Title search shows negative impact on title.   The title policy disclosed liens/judgments that were not addressed. Verify the judgment for $104.93 was paid.       Reviewer Comment (2026-02-27): Provided final title showing no judgment. Exception cleared.


Buyer Comment (2026-02-25): Final title
 02/27/2026     1 C A C A C A C A C A XX IN Investment Refinance - Rate/Term   C A C A     A A   N/A No
824 XX XX XX   36715931 32026011549-5382 03/04/2026 Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Closing Protection Letter is missing in the file.       Reviewer Comment (2026-03-09): Received Closing Protection Letter. Exception Cleared.


Buyer Comment (2026-03-05): See attached
 03/09/2026     1 C A C A C A C A C A XX GA Investment Purchase   D A D A     A A   N/A No
824 XX XX XX   36715932 32026011549-2919 03/04/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Provide a property history report for the primary residence verifying it is owned free and clear with taxes paid current.       Reviewer Comment (2026-03-16): Property History Report for primary residence received confirming property is free and clear. Exception Cleared.


Buyer Comment (2026-03-12): Property detail report attached


Reviewer Comment (2026-03-11): Provided tax certificate for the primary residence and underwriting memo for the subject property. Require property history report for primary residence verifying it is owned free and clear. Exception remains.


Buyer Comment (2026-03-09): Please see attached


Reviewer Comment (2026-03-09): Received ownership and foreclosure report is part of the initial application. Required property history report for primary residence verifying it is owned free and clear with taxes paid current. The tax certificate (D0170) provided with initial package is half scanned and unable to determine that current year taxes are paid. Exception Remains.


Buyer Comment (2026-03-05): see attached
 03/16/2026     1 C A C A C A C A D A XX GA Investment Purchase   D A D A     A A   N/A No
825 XX XX XX   36715934 32026012004-23688 03/09/2026 Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Provided Hazard Insurance coverage is not covering the Loan amount. additional Coverage is Required in file.       Reviewer Comment (2026-03-31): Received hazard insurance with coverage amount of $xx. Exception cleared.


Buyer Comment (2026-03-27): Updated dec page with increased coverage.
 03/31/2026     1 C A C A C A C A C A XX MS Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
672 XX XX XX   36715938 12025092757-4513 03/11/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided           Reviewer Comment (2026-03-17): Received Articles of Organization for borrowing entity. Exception Cleared.


Buyer Comment (2026-03-13): AOO
 03/17/2026     1 C A C A C A C A C A XX IN Investment Refinance - Rate/Term   C A C A     A A   N/A No
833 XX XX XX   36715942 32026030049-3831 03/20/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Provide evidence of ownership of XX account used to pay the rent for the primary residence.       Reviewer Comment (2026-03-27): Bank statement verifying ownership of account..


Buyer Comment (2026-03-27): XXX account statement reflecting borrower attached.
 03/27/2026     1 C A C A C A C A C A XX NY Investment Refinance - Cash-out - Other   C B C A     B B   N/A No
833 XX XX XX   36715943 32026030049-27855 03/20/2026 Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 Note Date:  03/XX/2026; Lien Position: 1         Reviewer Comment (2026-03-23): Client elects to waive.


Buyer Comment (2026-03-23): We will accept a Grade 2 on this finding. Please waive.
     03/23/2026 2 A A A A A A A A B B XX NY Investment Refinance - Cash-out - Other   C B C A     B B   N/A No
683 XX XX XX   36715946 12601001412-31591 03/30/2026 Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. Valuation Type: Appraisal / Valuation Report Date: 02/XX/2026 Provide evidence of condo approval.       Reviewer Comment (2026-04-14): Received project approval stating in additional comment on page #3 that Appraisal is approved warrantable condo. Exception Cleared.


Buyer Comment (2026-04-10): My apologies Situs still learning our new LOS system xx. Just figured out how to print the underwriters "condo review form". Please see on pg #3 under additional info comments by condo review underwriter. Thank you.


Reviewer Comment (2026-04-02): I see it is approved but is it approved as Warrantable, Non Warrantable or Condotel?


Buyer Comment (2026-04-01): Please see screen shot from condo underwriter condo approved. Thank you.
 04/14/2026     1 C A C A C A C A C A XX FL Investment Refinance - Rate/Term   C A C A     A A   N/A No
681 XX XX XX   36715948 12026011177-4747 03/31/2026 Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   HUD provided is not signed by all parties.       Reviewer Comment (2026-04-03): Received closing statement signed by all parties. Exception cleared.


Buyer Comment (2026-04-01): Please see attached. Thank you.


Buyer Comment (2026-04-01): Please see executed HUD attached. Thank you.
 04/03/2026     1 D A D A D A D A D A XX PA Investment Purchase   D A D A     A A   N/A No
681 XX XX XX   36715949 12026011177-23385 03/31/2026 Credit System General Appraisal Reconciliation Valuation address does not match Note address. Valuation Type: Appraisal / Valuation Report Date: 03/XX/2026, Valuation Type: Desk Review / Valuation Report Date: 03/XX/2026         Reviewer Comment (2026-04-20): Desk review received with correct address. Exception Cleared.


Buyer Comment (2026-04-16): Please see CDA address correction. Thank you.


Reviewer Comment (2026-04-13): Received updated Appraisal report in the file. However, require CDA also with the same updated address. Exception remains.


Buyer Comment (2026-04-09): Please find attached corrected address on appraisal. Thank you.


Reviewer Comment (2026-03-30): Note reflects XX and both valuations reflect XX
 04/20/2026     1 C A C A C A C A C A XX PA Investment Purchase   D A D A     A A   N/A No
686 XX XX XX   36715952 12601001612-4507 04/01/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Document provided is not dated.       Reviewer Comment (2026-04-16): Certificate of Good Standing received and verified the details. Exception Cleared.


Buyer Comment (2026-04-14): COGS
 04/16/2026     1 C A C A C A C A C A XX CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
823 XX XX XX   36715954 32026011377-4245 03/31/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 82.44898% exceeds Guideline loan to value percentage of 80.00000%. LTV discrepancy due to appraisal value of $XX is less than what lender used of $XX. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Reserves: 5.01
Guideline Requirement: 0.00		 SitusAMC Reviewer Comment (2026-04-01): Waived with compensating factors per lender exception approval.
     04/01/2026 2 C B C B C B C B C B XX NJ Investment Purchase   C B C B     A A   N/A No
731 XX XX XX   36715957 12603004994-5347 04/01/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   Certificate of Non-Owner Occupied disclosure does not show the borrower's principle address.       Reviewer Comment (2026-04-13): Provided Non-Owner Occupancy Declaration with primary residence address. Exception cleared.


Buyer Comment (2026-04-09): non-Owner
 04/13/2026     1 C A C A C A C A C A XX GA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
835 XX XX XX   36715960 32026030091-2904 04/09/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement is missing in the loan file.       Reviewer Comment (2026-04-24): Guaranty provided.


Buyer Comment (2026-04-24): Personal Guaranty
 04/24/2026     1 D A D A D A D A D A XX UT Investment Purchase   D A D A     A A   N/A No
695 XX XX XX   36715963 12602002301-30783 04/13/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Provide bank statements or cancelled checks front and back showing account ownership and timely payments debited by Mortgage Servicer for the primary residence. The representative FICO score exceeds the guideline minimum by at least 40 points. Guidelines Representative FICO: 700
Representative FICO: 759		 Originator,SitusAMC Reviewer Comment (2026-05-21): Waived with compensating factors per lender approved exception received in trailing documents.


Buyer Comment (2026-05-19): Please see exception attached. Thank you.


Reviewer Comment (2026-05-14): Guidelines state an electronic pay history printout is acceptable with bank statements showing account ownership and timely payments debited by Mortgage Servicer or Canceled checks front and back as well as the most recent mortgage statement.  Document provided is an electronic pay history and the additional requirements were not provided.


Buyer Comment (2026-05-12): Please see updated attached primary mtg history with xx.


Reviewer Comment (2026-05-01): Received closing statement showing mortgage is paid off. Require 12 months Provide bank statements or cancelled checks front and back showing account ownership and timely payments debited by Mortgage Servicer. Exception remains


Buyer Comment (2026-04-29): Please see previous mtg history with xx Svc attached. Along with the HUD confirming xx payoff & new mtg lien holder with the 1st payment not due to 5/1/26. Thank you.
     05/21/2026 2 C B C B C B C B C B XX TX Investment Refinance - Rate/Term   C B C B     A A   N/A No
834 XX XX XX   36715969 32026030062-23383 04/14/2026 Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Hazard insurance reflects subject address XX however on Note the address is XX       Reviewer Comment (2026-04-30): Received updated note in the file. Exception Cleared.


Buyer Comment (2026-04-28): Updated Note attached.
 04/30/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715971 32026030062-23385 04/14/2026 Credit System General Appraisal Reconciliation Valuation address does not match Note address. Valuation Type: Appraisal / Valuation Report Date: 03/XX/2026 Appraisal reflects subject address XX however on Note the address is XX       Reviewer Comment (2026-04-30): Received updated note in the file. Exception Cleared.


Buyer Comment (2026-04-28): Updated Note attached.
 04/30/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715972 32026030062-2799 04/14/2026 Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Note is signed by individual; however, Security Instrument reflects borrower is a business entity and file contains guarantor agreement.  Corrected Note required, along with letter of explanation and proof of delivery to borrower prior to signing of new note, along with destroyed note affidavit for incorrect note provided.       Reviewer Comment (2026-04-30): Received updated note and details verified. Exception Cleared.


Buyer Comment (2026-04-28): Updated Note and Deed of Trust attached.
 04/30/2026     1 D A D A D A D A D A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715973 32026030062-30783 04/14/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Provide verification of the March 2026 payment for the primary residence.       Reviewer Comment (2026-04-30): Received pay history and mortgage statement of both Feb and March 2026 for primary residence. Exception Cleared.


Buyer Comment (2026-04-28): Primary payment history attached.
 04/30/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715974 32026030062-4513 04/14/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided           Reviewer Comment (2026-04-30): Received Articles of Organization/Formation in the file. Exception Cleared.


Buyer Comment (2026-04-28): Articles of Organization attached.
 04/30/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715975 32026030062-23387 04/30/2026 Credit System General System Flood Certificate Subject Address does not match Note address.   Require Flood Certificate as per provided updated note address.       Reviewer Comment (2026-05-05): Received flood certificate with corrected property address. Exception cleared.


Buyer Comment (2026-05-01): Updated Flood Certificate reflecting East attached.
 05/05/2026     1   A   A   A   A   A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
834 XX XX XX   36715976 32026030062-23385 04/30/2026 Credit System General Appraisal Reconciliation Valuation address does not match Note address. Valuation Type: Desk Review / Valuation Report Date: 03/XX/2026 Require CDA as per provided updated note address.       Reviewer Comment (2026-05-05): Received secondary appraisal with correct and complete property address. Exception cleared.


Buyer Comment (2026-05-04): Updated CDA reflecting "East" attached.
 05/05/2026     1   A   A   A   A   A XX CA Investment Refinance - Rate/Term   D A D A     A A   N/A No
736 XX XX XX   36715978 12603005105-5347 04/16/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   Principle address is disclosed at a PO box address.       Reviewer Comment (2026-05-01): Received Non-Owner Occupancy disclosure reflect  the borrower(s) at an address different than the subject property. Exception Cleared.


Buyer Comment (2026-04-29): Please see attached
 05/01/2026     1 C A C A C A C A C A XX AR Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
772 XX XX XX   36715983 12603006390-3831 04/22/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception for missing 4 of the 12 months rental payment history. Compensating factors: FICO, DSCR ratio, and reserves. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 38.45
Guideline Requirement: 0.00

Borrower's Own Funds Percent: 64.35%
Borrower's Own Funds Amount: $144,795.06

Guidelines Representative FICO: 680
Representative FICO: 770		 Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC		 Reviewer Comment (2026-04-21): Waived with compensating factors per lender exception approval at origination.
     04/21/2026 2 B B B B B B B B B B XX TX Investment Purchase   C B C B     A A   N/A No
772 XX XX XX   36715984 12603006390-25749 04/22/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   File is missing final signed and dated HUD-1/Settlement Statement.  Missing closing agent signature.       Reviewer Comment (2026-04-29): Received final closing statement signed by all parties. Exception cleared.


Buyer Comment (2026-04-27): PFA
 04/29/2026     1 C A C A C A C A C A XX TX Investment Purchase   C B C B     A A   N/A No
765 XX XX XX   36715986 12603006105-30673 04/23/2026 Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal           Reviewer Comment (2026-05-05): Received updated CDA report in the file. Exception Cleared.


Buyer Comment (2026-05-01): Updated CDA
 05/05/2026     1 C A C A C A C A C A XX CA Investment Refinance - Cash-out - Other   C B B B     C A   N/A No
765 XX XX XX   36715988 12603006105-4266 04/23/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Total cash-out discrepancy. HUD-1 total cash-out of $1,082,997.92 is greater than Guideline total cash-out of $1,000,000.00. The lender exception requested exceed mac cashback allowed for LTV of 70%. The exception is approved and permission for borrower to get just over $1,000,000 cash back when program caps at $600,000. Borrower has owned the subject property for at least 5 years.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.		 Debt Service Coverage Ratio: 1.53
Guideline Requirement: 1.00		 SitusAMC

SitusAMC		 Reviewer Comment (2026-04-22): Waived with compensating factors per lender exception approval at origination.
     04/22/2026 2 B B B B B B B B B B XX CA Investment Refinance - Cash-out - Other   C B B B     C A   N/A No
836 XX XX XX   36715993 32026030131-7905 04/24/2026 Credit Guideline Guideline Issue Guideline Borrower is a first time home buyer and ineligible per guidelines. Borrower: XX CPA Letter Lender approved exception request for assignment to new buyer are not allowed. Compensating factors are Reserves is borrower has 36+ months in resaves, FICO is borrower is 62 points over the minimum score of 700, DSCR is borrower currently has a 1.44 DSCR, Experience is borrower is an experienced investor. Unsure of how many years/REO track record but can get that information if needed. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 39.65
Guideline Requirement: 0.00

Guidelines Representative FICO: 700
Representative FICO: 762		 Originator Pre-Close,SitusAMC

Originator Pre-Close,SitusAMC		 Reviewer Comment (2026-04-24): Waived with compensating factors per lender exception approval at origination.
     04/24/2026 2 B B B B B B B B B B XX NC Investment Purchase   B B B B     A A   N/A No
694 XX XX XX   36715998 12602002251-5347 04/27/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.   Certificate of Non-Owner Occupied disclosure does not show the borrower's principle address.       Reviewer Comment (2026-05-05): Provided Non-Owner Occupancy Declaration with primary residence address. Exception cleared.


Buyer Comment (2026-05-01): Non-Owner
 05/05/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   C A C A     A A   N/A No
678 XX XX XX   36716002 12025120054-25749 04/28/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Provide the final HUD fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties.       Reviewer Comment (2026-05-04): Received final HUD-1 signed by all the parties. Exception Cleared.


Buyer Comment (2026-04-30): Please see fully executed HUD attached. Thank you.
 05/04/2026     1 C A C A C A C A C A XX NY Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
678 XX XX XX   36716003 12025120054-30783 04/28/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   File is missing verification February and March 2026 mortgage payment for primary resident and subject property.       Reviewer Comment (2026-05-21): Credit supplement received.


Buyer Comment (2026-05-19): Please see credit supplement attached. Thank you.
 05/21/2026     1 C A C A C A C A C A XX NY Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
719 XX XX XX   36716007 12602004439-2876 04/28/2026 Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The Security Instrument is missing page 21 that discloses borrower's signature.       Reviewer Comment (2026-05-11): Received full pages security instrument, Exception cleared.


Buyer Comment (2026-05-07): Sorry about that. Here is the full Security Agreement


Reviewer Comment (2026-05-01): Required Security Instrument with page 21 that discloses borrower's signature. Provided one is loan agreement. Exception remains.


Buyer Comment (2026-04-29): Please see attached Security Instrument
 05/11/2026     1 D A D A D A D A D A XX FL Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
690 XX XX XX   36716009 12601002017-30783 04/28/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   For the primary residence, provide either a 12 month pay history or a property report verifying it is owned free and clear with taxes paid current. Borrower has owned the subject property for at least 5 years.

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Reserves: 6.49
Guideline Requirement: 0.00

Guidelines Representative FICO: 660
Representative FICO: 734		 SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-07): Waived with compensating factors per lender approved exception.


Buyer Comment (2026-05-05): exception
     05/07/2026 2 C B C B C B C B C B XX NY Investment Refinance - Rate/Term   C B C B     A A   N/A No
785 XX XX XX   36716012 12603006840-28636 04/30/2026 Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence of Access to Funds in account ending in XX is missing in the file       Reviewer Comment (2026-05-11): Received Operating agreement to confirm ownership in the business. Exception cleared.


Buyer Comment (2026-05-07): operating agreement
 05/11/2026     1 C A C A C A C A C A XX TN Investment Purchase   C A C A     A A   N/A No
785 XX XX XX   36716013 12603006840-25749 04/30/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing signed final closing statement signed by all parties, provided HUD is not signed by settlement agent.       Reviewer Comment (2026-05-11): Final closing statement is received. Exception cleared.


Buyer Comment (2026-05-07): Final SS
 05/11/2026     1 C A C A C A C A C A XX TN Investment Purchase   C A C A     A A   N/A No
759 XX XX XX   36716019 12603006002-3831 04/30/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation.       Reviewer Comment (2026-05-07): Received UW discretion for borrower living rent free. Exception cleared.


Buyer Comment (2026-05-05): UW discretion reflected on 1008.
 05/07/2026     1 C A C A C A C A C A XX GA Investment Refinance - Rate/Term   C A C A     A A   N/A No
685 XX XX XX   36716020 12601001568-25749 05/05/2026 Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Final executed copy of closing statement is required in the file.       Reviewer Comment (2026-05-12): Received Final Closing statement. Exception Cleared.


Buyer Comment (2026-05-08): final SS
 05/12/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   C A C A     A A   N/A No
819 XX XX XX   36716024 12604008901-30783 05/06/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Provide verification of the 03/2026 housing payment for the primary residence.       Reviewer Comment (2026-05-27): Client elected to move forward with a 1x30 mortgage late which is within guidleines.


Reviewer Comment (2026-05-18): The payment being due 5/1/2026 is not evidence the 3/2026 payment was made on time.  If Lender is accepting 1x30, please confirm, as system will need to be updated to reflect this.


Buyer Comment (2026-05-14): See attached VOM from XX Bk which confirms next payment due 5/1/2026. Also program & product permit a 1x30 day late. Thank you.
 05/27/2026     1 C A C A C A C A C A XX FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
814 XX XX XX   36716026 12604007889-30783 05/07/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Borrower lived rent free with non spouse prior to buying the current residence. Provide evidence of an LLPA and UW discretion. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Reserves: 16.37
Guideline Requirement: 0.00		 Originator,SitusAMC Reviewer Comment (2026-05-18): Waived with compensating factors per lender approved exception received in trailing documents.


Buyer Comment (2026-05-15): Please see exception for LLPA. Thank you.


Buyer Comment (2026-05-14): Rent free comments from UW on 1008 attached. Thank you.
     05/18/2026 2 C B C B C B C B C B XX KY Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
814 XX XX XX   36716027 12604007889-33586 05/07/2026 Credit Loan Package Documentation Closing / Title Loan Package Documentation Title search shows negative impact on title.   Judgment on title, item 10 on Schedule B, Part 1.  Please provide evidence this was paid at or before closing.       Reviewer Comment (2026-05-18): Updated commitment received in trailing documents reflecting no additional liens.


Buyer Comment (2026-05-14): Please see clear title attached. Thank you.
 05/18/2026     1 C A C A C A C A C A XX KY Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
817 XX XX XX   36716029 12604008320-31591 05/07/2026 Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo/co-op is warrantable. Valuation Type: Appraisal / Valuation Report Date: 04/XX/2026 Condo Warrantable is missing from the file.       Reviewer Comment (2026-05-15): Project approval provided.


Buyer Comment (2026-05-13): These Documents reflects this is a limited review and warrantable condo.  Please Clear.
 05/15/2026     1 C A C A C A C A C A XX CA Investment Purchase   C A C A     A A   N/A No
817 XX XX XX   36716030 12604008320-30831 05/07/2026 Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   Hazard Insurance policy (HO6) does not reflect the mortgage clause.       Reviewer Comment (2026-05-28): Policy with mortgagee clause.


Buyer Comment (2026-05-26): HOI


Reviewer Comment (2026-05-21): Screenshot provided is not part of the HO6 policy received.  Please provide complete document, reflecting mortgagee clause.


Buyer Comment (2026-05-19): The mortgagee clause is there.   See screen shot. Clear Condition.


Reviewer Comment (2026-05-15): The Mortgagee is not listed on the HO6 policy. It must reflect xx as the Mortgagee.


Buyer Comment (2026-05-13): The funds are from a 1031 exchange transaction which are held by a third party.  They were deposited from the 1031 exchange company to escrow..  Please clear.
 05/28/2026     1 C A C A C A C A C A XX CA Investment Purchase   C A C A     A A   N/A No
817 XX XX XX   36716031 12604008320-23086 05/07/2026 Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  $21,295.00 is less than Cash From Borrower $XXX. Require assets for closing to cover cash from the borrower. Missing evidence of the $325,193.42 deposit transfer from buyer.       Reviewer Comment (2026-05-15): Funds are from 1031 exchange. Exchange agreement provided.


Buyer Comment (2026-05-13): The funds are from a 1031 exchange transaction which are held by a third party.  They were deposited from the 1031 exchange company to escrow..  Please clear.
 05/15/2026     1 C A C A C A C A C A XX CA Investment Purchase   C A C A     A A   N/A No
817 XX XX XX   36716032 12604008320-5205 05/07/2026 Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Provide OFAC for the borrowing trust.       Reviewer Comment (2026-05-15): OFAC


Buyer Comment (2026-05-14): OFAC
 05/15/2026     1 C A C A C A C A C A XX CA Investment Purchase   C A C A     A A   N/A No
816 XX XX XX   36716034 12604008271-2919 05/07/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Borrower is a first time investor living rent-free with someone other than spouse. This is not permitted per guideines. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

The qualifying DSCR on the loan is greater than the guideline minimum.		 Reserves: 19.81
Guideline Requirement: 0.00

The DSCR of 1.313 is greater than the minimum required DSCR of 1.0.		 Originator,SitusAMC

SitusAMC

SitusAMC,Originator		 Reviewer Comment (2026-05-29): Waived with compensating factors per lender exception approval.


Buyer Comment (2026-05-27): Exception approved.


Reviewer Comment (2026-05-14): VOM does not cover full 12 months.  Please confirm you would like this waived.


Buyer Comment (2026-05-12): VOM is provided for subject property borrower owns.  Please waive.
     05/29/2026 2 C B C B C B C B D B XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
816 XX XX XX   36716035 12604008271-4507 05/07/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2026-05-14): COGS received in trailing documents.


Buyer Comment (2026-05-13): Business reflects active which reflects company in good Standing.  Please clear and waive.
 05/14/2026     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   D B D B     A A   N/A No
737 XX XX XX   36716038 12603005115-2839 05/08/2026 Credit Asset Asset Documentation Asset Missing Document: Gift Letter not provided   Missing gift letter       Reviewer Comment (2026-05-15): Gift letter.


Buyer Comment (2026-05-14): gift letter
 05/15/2026     1 C A C A C A C A C A XX NY Investment Purchase   D A D A     A A   N/A No
737 XX XX XX   36716039 12603005115-23086 05/08/2026 Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  $67,638.40 is less than Cash From Borrower $XX. Available for Closing is insufficient to cover Cash From Borrower. Due to the missing gift letter.       Reviewer Comment (2026-05-15): Gift letter received.


Buyer Comment (2026-05-14): see attached gift letter
 05/15/2026     1 C A C A C A C A C A XX NY Investment Purchase   D A D A     A A   N/A No
737 XX XX XX   36716040 12603005115-4747 05/08/2026 Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Closing statement provided is not signed by the title agent.       Reviewer Comment (2026-05-15): Final SS.


Buyer Comment (2026-05-13): Final SS
 05/15/2026     1 D A D A D A D A D A XX NY Investment Purchase   D A D A     A A   N/A No
807 XX XX XX   36716042 12604007549-23688 05/08/2026 Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $XX Provide updated policy reflecting minimum coverage of $XX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-05-28): Received updated policy in the file. As per provided policy coverage dwelling amount is covering the loan amount. Exception Cleared.


Buyer Comment (2026-05-26): HOI
 05/28/2026     1 C A C A C A C A C A XX CA Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
807 XX XX XX   36716044 12604007549-4747 05/08/2026 Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Estimated Provided       Reviewer Comment (2026-05-14): Final closing statement received.


Buyer Comment (2026-05-12): final SS
 05/14/2026     1 D A D A D A D A D A XX CA Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
696 XX XX XX   36716048 12602002359-4245 05/13/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. Exception Request to allow LTV 75% versus 70%. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. Borrower's Own Funds Percent: 27.11%
Borrower's Own Funds Amount: $786,257.88		 Originator Pre-Close,SitusAMC Reviewer Comment (2026-05-13): Waived with compensating factors per lender exception approval at origination.
     05/13/2026 2 B B B B B B B B B B XX HI Investment Purchase   B B B B     A A   N/A No
733 XX XX XX   36716050 12603005027-30783 05/14/2026 Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   File is missing verification of April 2026 mortgage payment for subject property.       Reviewer Comment (2026-05-19): Evidence of April 2026 payment received


Buyer Comment (2026-05-15): April payment
 05/19/2026     1 C A C A C A C A C A XX OK Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
733 XX XX XX   36716051 12603005027-5347 05/14/2026 Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.           Reviewer Comment (2026-05-19): Fully completed NOO certificate received


Buyer Comment (2026-05-15): Non-Owner
 05/19/2026     1 C A C A C A C A C A XX OK Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
687 XX XX XX   36716063 12601001695-33616 03/19/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-03-30): Received E-Sign Consent Agreement. Exception Cleared.


Buyer Comment (2026-03-26): Please see attached
 03/30/2026     1 C A C A C A C A C A XX FL Second Home Refinance - Rate/Term   C A C A C A A A Non QM Exempt from ATR No
687 XX XX XX   36716064 12601001695-4931 03/19/2026 Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on 02/XX/2026 did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. (Initial/XX/11/2026) Closing Disclosure estimated to be provided on 02/XX/2026 did not disclose the actual Date Issued       Reviewer Comment (2026-03-26): SitusAMC received comment.


Buyer Comment (2026-03-25): The blank CD was not delivered to the borrower, it was just for balancing purpose, kindly ignore and clear.
 03/26/2026     1 C A C A C A C A C A XX FL Second Home Refinance - Rate/Term Good Faith Redisclosure C A C A C A A A Non QM Exempt from ATR No
687 XX XX XX   36716065 12601001695-37730 03/19/2026 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 (2026-03-19): CDFI lender testing ATR
     03/19/2026 2 A A A A A A A A A A XX FL Second Home Refinance - Rate/Term   C A C A C A A A Non QM Exempt from ATR No
686 XX XX XX   36716074 12601001685-37730 03/17/2026 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 (2026-03-19): CDFI lender testing ATR


Buyer Comment (2026-03-18): Please waive. Thank you/
     03/19/2026 2 A A A A A A A A A A XX CA Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
830 XX XX XX   36716075 32026020151-23698 03/18/2026 Credit Credit Credit Documentation Credit No evidence of fraud report in file Credit Report: Original // Borrower: XX         Reviewer Comment (2026-03-24): Fraud report received & associated. Exception cleared.


Buyer Comment (2026-03-20): Fraud report attached.
 03/24/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
830 XX XX XX   36716077 32026020151-41837 03/18/2026 Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: Preliminary;
State: CA		 The title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-03-24): Title supplement received & coverage amount updated. Exception cleared.


Buyer Comment (2026-03-23): Title supplement reflecting sufficient coverage.
 03/24/2026     1 B A B A B A B A B A XX CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
830 XX XX XX   36716079 32026020151-6516 03/18/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS/Guideline Findings: All conditions were not met   Missing Fraud Report       Reviewer Comment (2026-03-24): Fraud report received & associated. Exception cleared.


Buyer Comment (2026-03-20): Fraud report attached.
 03/24/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
707 XX XX XX   36716082 12602003405-17814 03/19/2026 Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   File is missing final credit application for co-borrower.       Reviewer Comment (2026-04-03): Complete final credit app provided.


Buyer Comment (2026-04-02): PFA


Reviewer Comment (2026-04-01): Doc ss is initial signed credit application which has only Co- Applicants details in Section 3. Doc xx is the final credit application which has only Applicant details in Section 3. Both initial and final credit application need to have both applicant details.


Buyer Comment (2026-03-30): Doc ID xx page 2. Thank you.


Reviewer Comment (2026-03-27): Credit application information forxx is not provided in file. Exception remains


Buyer Comment (2026-03-25): Refer doc ID ss


Reviewer Comment (2026-03-24): Co-borrower xx Credit application is not provided in file. Exception remains


Buyer Comment (2026-03-20): Please refer doc id xx. Thank you..!
 04/03/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   C A C A A A A A N/A Exempt from ATR No
707 XX XX XX   36716083 12602003405-17817 03/19/2026 Credit Missing Document General Missing Document Incomplete Document: 1003 Initial - Lender's is incomplete   File is missing initial loan application for co-borrower.       Reviewer Comment (2026-04-03): Complete initial credit ap provided.


Buyer Comment (2026-04-02): PFA


Reviewer Comment (2026-04-01): Doc D0314 is initial signed credit application which has only Co- Applicants details in Section 3. Doc XX is the final credit application which has only Applicant details in Section 3. Both initial and final credit application need to have both applicant details.


Buyer Comment (2026-03-30): Doc ID XX page 2. Thank you.


Reviewer Comment (2026-03-27): Credit application information for XX is not provided in file. Exception remains


Buyer Comment (2026-03-25): Refer doc ID XX
 el     1 B A B A B A B A B A XX CA Investment Refinance - Rate/Term   C A C A A A A A N/A Exempt from ATR No
832 XX XX XX   36716084 32026030030-33616 03/26/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-04-02): E-Sign Consent Agreement received.


Buyer Comment (2026-03-31): Initial disclosures e-sign confirmation attached.
 04/02/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
832 XX XX XX   36716088 32026030030-40776 03/26/2026 Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-04-09): Received evidence of receipt of initial CD in trailing docs.


Buyer Comment (2026-04-09): Evidence of receipt of initial CD attached.
 04/09/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other No Defined Cure C A C A C A A A Non QM Non QM No
832 XX XX XX   36716089 32026030030-5404 03/26/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX Third Party Verification File is missing VVOE dated within 20 business days of Note.       Reviewer Comment (2026-04-02): Third party verification received within 20days of note date.


Buyer Comment (2026-03-31): Final VVOE attached.
 04/02/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
832 XX XX XX   36716090 32026030030-25029 03/26/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation discrepancy due to missing VVOE within 20 business days of closing.       Reviewer Comment (2026-04-02): Third party verification received within 20days of note date.


Buyer Comment (2026-03-31): Final VVOE attached.
 04/02/2026     1 B A C A B A C A B A XX NJ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM No
832 XX XX XX   36716091 32026030030-5695 03/26/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to missing third party verification. VVOE       Reviewer Comment (2026-04-02): Third party verification received within 20days of note date.


Buyer Comment (2026-03-31): Final VVOE attached.
 04/02/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
832 XX XX XX   36716092 32026030030-33058 03/26/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Missing VVOE within 20 days of the Note date.       Reviewer Comment (2026-04-02): Third party verification received within 20days of note date.


Buyer Comment (2026-03-31): Final VVOE attached.
 04/02/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
832 XX XX XX   36716093 32026030030-29639 03/26/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing VVOE within 20 days of the Note date.       Reviewer Comment (2026-04-02): Third party verification received within 20days of note date.


Buyer Comment (2026-03-31): Final VVOE attached.
 04/02/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
692 XX XX XX   36716095 12601002059-33616 03/27/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-04-01): E-Sign Consent Agreement received. Exception cleared.


Buyer Comment (2026-03-30): PFA
 04/01/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A A A B A Non QM Exempt from ATR No
692 XX XX XX   36716097 12601002059-6583 03/27/2026 Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $247.00 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. (75104)         Reviewer Comment (2026-03-24): Sufficient Cure Provided At Closing
   03/24/2026   1 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A B A Non QM Exempt from ATR No
692 XX XX XX   36716098 12601002059-37730 03/27/2026 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 (2026-03-27): CDFI lender testing ATR
     03/27/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   C A C A A A B A Non QM Exempt from ATR No
692 XX XX XX   36716099 12601002059-6498 03/27/2026 Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: 03/XX/2026 Appraisal letter in file was not transferred to lender of Note.       Reviewer Comment (2026-04-09): Received Appraisal Transfer letter. Exception Cleared.


Buyer Comment (2026-04-07): PFA


Reviewer Comment (2026-04-06): The provided document reflects lender name as XX instead of XX, a Limited Liability Company. Required corrected Appraisal transfer letter with details. Exception remains.


Buyer Comment (2026-04-02): PFA Transfer letter


Reviewer Comment (2026-04-01): Required Appraisal transfer letter which reflects transferred to lender of Note. Exception remains.


Buyer Comment (2026-03-30): PFA
 04/09/2026     1 B A B A B A B A B A XX CA Primary Refinance - Cash-out - Other   C A C A A A B A Non QM Exempt from ATR No
703 XX XX XX   36716101 12602002771-37730 04/02/2026 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. CDFI Bank Originated Loan submitted as non-exempt.       Reviewer Comment (2026-04-07): CDFI lender testing ATR.


Buyer Comment (2026-04-03): Please Waive
     04/07/2026 2 A A A A A A A A A A XX CA Primary Refinance - Rate/Term   C A A A C A A A Non QM Exempt from ATR No
703 XX XX XX   36716103 12602002771-34957 04/02/2026 Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $0.00 exceeds tolerance of $-2,969.00. Insufficient or no cure was provided to the borrower. (9300) Lender Credits increased from -$2,969.00 to $0.00, an increase of $2,969.00, without a valid changed circumstance document in file. No cure provided.       Reviewer Comment (2026-04-14): SitusAMC received rate lock and as per COC.


Buyer Comment (2026-04-13): Please see attached locked confirmation confirming pricing change.


Reviewer Comment (2026-04-06): SitusAMC received COC with additional information, however in case when loan amount change the lender credit change should be proportionate to the loan amount change, and if change is not proportionate there should be additional information that explains change in borrower eligibility change such as did not qualify for current product, or DTI increased or FICO score decreased. Though an LTV may change, the information did not state that there was a pricing/product/program change. Provide supporting document with additional information for pricing decreased or Cure would be due to borrower.


Buyer Comment (2026-04-03): PFA CD with COC
 04/14/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
703 XX XX XX   36716104 12602002771-2666 04/02/2026 Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on 03/XX/2026, prior to three (3) business days from transaction date of 03/XX/2026. Subject loan transaction disbursed on 03/XX/2026, prior to 3 business days from transaction date of 03/XX/2026.       Reviewer Comment (2026-04-13): Certified settlement statement reflecting 3/XX/2026 disbursement date received in trailing docs.


Buyer Comment (2026-04-09): PFA SS


Reviewer Comment (2026-04-07): A PCCD is a lender generated document and is unable to be used to update the disbursement date.  A final signed/stamped certified closing statement from the settlement agent is required; otherwise, rescission will need to be reopened.


Buyer Comment (2026-04-03): PFA LOE and updated PC_CD
 04/13/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A A A C A A A Non QM Exempt from ATR No
705 XX XX XX   36716108 12602003028-2798 04/02/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Provide Final 1003 as it is missing.       Reviewer Comment (2026-04-17): Final 1003 document received and verified. Exception cleared.


Buyer Comment (2026-04-15): PFA 1003 3/20


Reviewer Comment (2026-04-13): Document provided is dated post-consummation.  If final 1003 was not obtained at consummation, a request to waive can be made; however, unable to clear.


Buyer Comment (2026-04-09): PFA with Docusign


Reviewer Comment (2026-04-08): Required copy of final 1003 signed at closing. Exception remains.


Buyer Comment (2026-04-06): PFA
 04/17/2026     1 C A C A C A C A C A XX OR Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
705 XX XX XX   36716109 12602003028-37730 04/02/2026 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 (2026-04-03): We accept EV grade 2
     04/03/2026 2 A A A A A A A A A A XX OR Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
717 XX XX XX   36716112 12602004220-37730 04/06/2026 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 (2026-04-06): CDFI lender testing ATR
     04/06/2026 2 A A A A A A A A A A XX CA Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
717 XX XX XX   36716115 12602004220-3831 04/06/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Missing Letter for borrower living rent free.       Reviewer Comment (2026-04-13): Provided letter of explanation as borrower is living rent free at "xx" with her father to save money. Exception Cleared.


Buyer Comment (2026-04-09): loe
 04/13/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
717 XX XX XX   36716116 12602004220-3831 04/06/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Missing UW discretion for borrower living rent free.       Reviewer Comment (2026-04-13): As per provided 1008 document Underwriter comments (per guidelines this is Underwriter Discretion) shows "Borrower is living rent free, Exception Cleared.


Buyer Comment (2026-04-09): uw discretion
 04/13/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
829 XX XX XX   36716122 32026020147-35031 04/09/2026 Compliance Compliance State Compliance Misc. State Level Minnesota Tangible Net Benefit Disclosure Minnesota Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. Tangible Net Benefit Disclosure not provided to the Borrower.       Buyer Comment (2026-04-22): Unable to obtain disclosure signed at or prior to closing.


Reviewer Comment (2026-04-22): Provided disclosure is signed on 04/20/2026, which is post note date, require disclosure signed on or before note date.


Buyer Comment (2026-04-20): See attached Minnesota Net Tangible Benefit disclosure
     04/22/2026 2 B B B B B B B B B B XX MN Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
829 XX XX XX   36716124 32026020147-2808 04/14/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Please provide final approval reflecting correct doc type for subject loan.       Reviewer Comment (2026-04-16): Final approval received confirming document type 1099.


Buyer Comment (2026-04-14): Final approval showing correct loan program.
 04/16/2026     1   A   A   A   A   A XX MN Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
744 XX XX XX   36716126 12603005446-33616 04/14/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement E-sign Consent Agreement is missing.       Reviewer Comment (2026-04-17): Econsent received.


Buyer Comment (2026-04-15): please see attached.
 04/17/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
744 XX XX XX   36716127 12603005446-37730 04/14/2026 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. please waive off.       Reviewer Comment (2026-04-14): CDFI lender testing ATR
     04/14/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
777 XX XX XX   36716131 12603006537-3831 04/17/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Provide the borrowers Closing Statement fully executed by all parties or stamped true and certified by title representative. Copy provided is an estimated closing statement.       Reviewer Comment (2026-04-27): Received Final Closing Statement document. Exception Cleared.


Buyer Comment (2026-04-23): please see attached
 04/27/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   C A C A A A A A N/A Exempt from ATR No
777 XX XX XX   36716132 12603006537-33586 04/17/2026 Credit Loan Package Documentation Closing / Title Loan Package Documentation Title search shows negative impact on title.   Child support judgment listed on title for installment payments.       Reviewer Comment (2026-05-06): Release of Judgement document received and verified. Exception cleared.


Buyer Comment (2026-05-04): please see attached document stating the lien is released.


Reviewer Comment (2026-04-29): Please provide document stating the obligation has been fully satisfied or lien is released or withdrawn. Exception Remains.


Buyer Comment (2026-04-27): please see attached
 05/06/2026     1 C A C A C A C A C A XX CA Investment Refinance - Rate/Term   C A C A A A A A N/A Exempt from ATR No
702 XX XX XX   36716136 12602002716-37730 04/20/2026 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 (2026-04-22): CDFI lender testing ATR


Buyer Comment (2026-04-22): Please waive.
     04/22/2026 2 A A A A A A A A A A XX FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Exempt from ATR No
702 XX XX XX   36716137 12602002716-767 04/20/2026 Credit Credit Credit Eligibility Guideline Public Record Issue: Credit Report: Original // Public Record Type: Charge-offs / Balance: 4087.00, Credit Report: Original // Public Record Type: Charge-offs / Balance: 671.00   The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. Loan to Value: 47.47774%
Guideline Maximum Loan to Value: 70.00000%		 SitusAMC Reviewer Comment (2026-05-01): Waived with compensating factors per lender exception approval.


Buyer Comment (2026-04-29): exception
     05/01/2026 2 B B B B B B B B B B XX FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Exempt from ATR No
702 XX XX XX   36716138 12602002716-3831 04/20/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Missing UW discretion for living rent free.       Reviewer Comment (2026-04-30): Underwriter Discretion received along with the LOX confirming borrower is living rent free.


Buyer Comment (2026-04-28): UW discretion
 04/30/2026     1 C A C A C A C A C A XX FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Exempt from ATR No
754 XX XX XX   36716141 12603005738-37730 04/23/2026 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 (2026-04-22): CDFI lender testing ATR.
     04/22/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
754 XX XX XX   36716142 12603005738-3831 04/23/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Provide UW discretion for borrower living rent free with non spouse.       Reviewer Comment (2026-05-11): 1008 received in file and 1008 is reflecting underwriter comment section. Exception Cleared.


Buyer Comment (2026-05-07): uw discretion
 05/11/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
715 XX XX XX   36716144 12602004050-3831 04/23/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Unable to verify that borrower will not occupy subject property as the primary residence as there were no acknowledgments to the questions on page 3 of the Credit Application.  Please provide an updated document.       Reviewer Comment (2026-05-22): Corrected credit application.


Buyer Comment (2026-05-20): revised app


Reviewer Comment (2026-05-14): Please provide documentation reflecting this was sent to borrower for correction, as the signature page attached is the dated the same day as the one received in original images that did not indicate that borrower did not intend to occupy subject property.


Buyer Comment (2026-05-12): commercial app
 05/22/2026     1 C A C A C A C A C A XX FL Investment Refinance - Rate/Term   C A C A A A A A N/A Exempt from ATR No
714 XX XX XX   36716157 12602004020-37730 04/24/2026 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 (2026-04-23): CDFI lender testing ATR.
     04/23/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Exempt from ATR No
714 XX XX XX   36716160 12602004020-33616 04/24/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-04-30): Received E-consent Document, Exception Cleared.


Buyer Comment (2026-04-28): PFA
 04/30/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Exempt from ATR No
742 XX XX XX   36716161 12603005249-23931 04/27/2026 Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: Preliminary         Reviewer Comment (2026-04-29): Final title.
 04/29/2026     1 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   B A B A B A A A Non QM Exempt from ATR No
742 XX XX XX   36716162 12603005249-41837 04/27/2026 Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: Preliminary;
State: CA		 The Title Commitment or Preliminary title policy amount is blank. If the commitment or prelim does not state a coverage amount       Reviewer Comment (2026-04-29): Final title.


Buyer Comment (2026-04-29): Final title
 04/29/2026     1 B A B A B A B A B A XX CA Primary Refinance - Cash-out - Other   B A B A B A A A Non QM Exempt from ATR No
742 XX XX XX   36716163 12603005249-33563 04/27/2026 Compliance TRID Document Error TRID Closing Disclosure: Dates are not in chronological order. Date Issued: 04/XX/2026 / Relative Sequence Num: 1, Date Issued: 04/XX/2026 / Relative Sequence Num: 2 Issue Date: 04/XX/2026; Received Date: 04/XX/2022; Signed Date: 04/XX/2022
Issue Date: 04/XX/2026; Received Date: 04/XX/2022; Signed Date: 04/XX/2022		 Closing Disclosure: Dates are not in chronological order. Date Issued should be prior to Date Received and Date Received should be prior to Signed Date.       Reviewer Comment (2026-05-04): Corrected received dates updated for Closing disclosure document. Exception cleared


Buyer Comment (2026-04-30): Please see attached Corrected CD
 05/04/2026     1 B A B A B A B A B A XX CA Primary Refinance - Cash-out - Other   B A B A B A A A Non QM Exempt from ATR No
742 XX XX XX   36716164 12603005249-37730 04/27/2026 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. 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 (2026-04-29): CDFI lender testing ATR.


Buyer Comment (2026-04-27): Please waive.
     04/29/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   B A B A B A A A Non QM Exempt from ATR No
723 XX XX XX   36716166 12603004729-33616 04/28/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement E-sign Consent Agreement is missing.       Reviewer Comment (2026-05-06): Received e-sign consent. Exception cleared.


Buyer Comment (2026-05-04): Please find attached E-Sign consent.
 05/06/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716171 12603004729-34957 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $-2,175.00 exceeds tolerance of $-4,123.00. Insufficient or no cure was provided to the borrower. (9300) Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,175.00 exceeds tolerance of $-4,123.00. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-06): SitusAMC received valid COC document


Buyer Comment (2026-05-05): Please find attached COC.
 05/06/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716173 12603004729-37730 04/28/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX NJ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716174 12603004729-34956 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/XX/2026 disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $569,858.68 is over disclosed by $40.00 compared to the calculated Amount Financed of $569,818.68 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated 04/XX/2026). (Final/XX/14/2026) Final Closing Disclosure provided on 04/XX/2026 disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $569,858.68 is over disclosed by $40.00 compared to the calculated Amount Financed of $569,818.68 and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate       Reviewer Comment (2026-05-26): Cure docs provided


Reviewer Comment (2026-05-26): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery.


Reviewer Comment (2026-05-21): SitusAMC received Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure and proof of mailing.  As this is a Material Disclosure violation on a rescindable transaction, the reopening of rescission is also required.  Please provide proof rescission reopened to all consumers.


Buyer Comment (2026-05-20): PFA snip.


Buyer Comment (2026-05-20): PFA documents.
   05/26/2026   2 C B C B C B C B C B XX NJ Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716175 12603004729-4376 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on 04/XX/2026 disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $908,018.77 is under disclosed by $40.00 compared to the calculated Finance Charge of $908,058.77 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated 04/XX/2026). (Final/XX/14/2026) The Finance charges disclosed on Final Closing Disclosure as $908,018.77. The calculated Finance Charge is $908,058.77, for an over-disclosed amount of $40. Reason for Finance Charge over disclosure is unknown.       Reviewer Comment (2026-05-26): Cure docs provided


Reviewer Comment (2026-05-26): This is a material exception on a rescindable transaction and requires reopening of rescission and proof of delivery of RTC to complete cure. Further, the RTC must allow the borrower three days to cancel the transaction from date of delivery.


Buyer Comment (2026-05-22): PFA Documents..
   05/26/2026   2 C B C B C B C B C B XX NJ Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716176 12603004729-6543 04/28/2026 Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $545.00 exceeds tolerance of $470.00 plus 10% or $517.00.  $28.00 over legal limit.  Insufficient or no cure was provided to the borrower. (0) 10% tolerance was exceeded by $75 due to Recording Fees. No valid COC provided, Specific credit of $28 has been provided as cure at closing.       Reviewer Comment (2026-05-06): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.”
 05/06/2026     1 C A C A C A C A C A XX NJ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716177 12603004729-7039 04/28/2026 Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. The H-9 form was used, the H-8 form should have been used.       Reviewer Comment (2026-05-26): Cure docs provided


Buyer Comment (2026-05-21): Attached are all RTC and correspondence info
   05/26/2026   2 C B C B C B C B C B XX NJ Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Exempt from ATR No
723 XX XX XX   36716178 12603004729-6582 05/06/2026 Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $545.00 exceeds tolerance of $470.00 plus 10% or $517.00.  Sufficient or excess cure was provided to the borrower at Closing. (0) Sufficient cure provided at closing       Reviewer Comment (2026-05-06): Sufficient Cure Provided At Closing
   05/06/2026   1   A   A   A   A   A XX NJ Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Exempt from ATR No
701 XX XX XX   36716185 12602002633-3831 04/30/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Provide evidence of signing authority for the borrowing entity.       Reviewer Comment (2026-05-07): Signing Authority documnet received and verified. Exception cleared.


Buyer Comment (2026-05-05): PFA
 05/07/2026     1 C A C A C A C A C A XX TX Investment Refinance - Cash-out - Other   C A C A A A A A N/A Exempt from ATR No
763 XX XX XX   36716189 12603006029-37730 04/29/2026 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 (2026-04-29): CDFI lender testing ATR.
     04/29/2026 2 A A A A A A A A A A XX UT Second Home Purchase   B B B B A A A A Non QM Exempt from ATR No
763 XX XX XX   36716191 12603006029-3831 04/29/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Lender approved exception for condotel property type on a non-investment loan.   Compensating factors:  FICO and reserves. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

Borrower has verified disposable income of at least $2500.00.		 Reserves: 20.69
Guideline Requirement: 3.00

Guidelines Representative FICO: 660
Representative FICO: 779

Documentation Type: 2yr Full Doc
Disposable Income: $9,950.65		 SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2026-04-29): Waived with compensating factors per lender exception approval at origination.
     04/29/2026 2 B B B B B B B B B B XX UT Second Home Purchase   B B B B A A A A Non QM Exempt from ATR No
784 XX XX XX   36716193 12603006795-37730 04/29/2026 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 (2026-04-30): CDFI lender testing ATR


Buyer Comment (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX NV Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
752 XX XX XX   36716195 12603005658-37730 04/29/2026 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 (2026-04-29): CDFI lender testing ATR
 04/29/2026     1 A A A A A A A A A A XX CA Primary Refinance - Rate/Term   B A B A A A A A Non QM Exempt from ATR No
752 XX XX XX   36716199 12603005658-41837 04/29/2026 Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: Preliminary;
State: CA		         Reviewer Comment (2026-05-04): Received supplement of title report. Exception cleared.


Buyer Comment (2026-04-30): PFA
 05/04/2026     1 B A B A B A B A B A XX CA Primary Refinance - Rate/Term   B A B A A A A A Non QM Exempt from ATR No
783 XX XX XX   36716201 12603006778-37730 04/29/2026 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 (2026-04-29): CDFI lender testing ATR
 04/29/2026     1 A A A A A A A A A A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716204 12603006778-25029 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. The Co-Borrower has been in the current job for less than two years. The Borrower was a student.       Reviewer Comment (2026-05-06): Received revised CPA letter and CPA verification. Exception Cleared.
 05/06/2026     1 B A C A B A C A B A XX CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716205 12603006778-5695 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. The Co-Borrower has been in the current job for less than two years. The Borrower was a student.       Reviewer Comment (2026-05-06): Received revised CPA letter and CPA verification. Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716206 12603006778-3831 04/29/2026 Credit Credit Miscellaneous Guideline Credit Exception:   Please provide evidence that the CPA is duly licensed or certified.  Also, please provide evidence that the CPA has no affiliation with the borrower or the business.       Reviewer Comment (2026-05-06): Received revised CPA letter and CPA verification. Exception Cleared.


Buyer Comment (2026-05-05): cpa letter


Buyer Comment (2026-05-04): Enrolled agent
 05/06/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716207 12603006778-3831 04/29/2026 Credit Credit Miscellaneous Guideline Credit Exception:   The 1003 disclosed borrowers' citizenship status as permanent residents, however, the file contains Employment Authorization for both borrowers.  Please provide an updated verification of citizenship status.       Reviewer Comment (2026-05-06): Received revised 1003. Exception Cleared.


Buyer Comment (2026-05-05): summary


Buyer Comment (2026-05-05): 1003
 05/06/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716208 12603006778-33058 04/29/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) The file did not disclose evidence that the CPA is duly licensed or certified, or if there is any affiliation with the borrower or the business.       Reviewer Comment (2026-05-06): Received revised CPA letter and CPA verification. Exception Cleared.
 05/06/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
783 XX XX XX   36716209 12603006778-29639 04/29/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing CPA license and Attestation on no affiliation to the borrower or business.       Reviewer Comment (2026-05-06): Received revised CPA letter and CPA verification. Exception Cleared.


Buyer Comment (2026-05-05): see attached cpa letter and cpa verification
 05/06/2026     1 C A C A C A C A C A XX CA Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
790 XX XX XX   36716211 12603007130-37730 04/30/2026 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 (2026-04-30): CDFI lender testing ATR.
     04/30/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
790 XX XX XX   36716215 12603007130-33616 04/30/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-05-05): Received e-sign consent. Exception cleared.


Buyer Comment (2026-05-01): Please find attached the E-sign.
 05/05/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
775 XX XX XX   36716221 12603006450-37730 05/01/2026 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. Loan exempt from QM/ATR submitted with a loan originator designation other than ATR Exempt.       Reviewer Comment (2026-05-01): CDFI lender testing ATR
     05/01/2026 2 A A A A A A A A A A XX NV Primary Refinance - Cash-out - Other   B A B A A A A A Non QM Exempt from ATR No
775 XX XX XX   36716225 12603006450-767 05/01/2026 Credit Credit Credit Eligibility Guideline Public Record Issue: Credit Report: Original // Public Record Type: Collections / Balance: 11744.00, Credit Report: Original // Public Record Type: Collections / Balance: 6062.00, Credit Report: Original // Public Record Type: Charge-offs / Balance: 626.00, Credit Report: Original // Public Record Type: Foreclosure / Balance: 0.00, Credit Report: Original // Public Record Type: Foreclosure / Balance: 0.00 Please provide evidence that the collections by XX have been settled.       Reviewer Comment (2026-05-12): XX and XX funding - both synchrony bank payoff statements received, both paid off through closing, $1,232.00 and $626.00 can remain open as per guidelines.


Buyer Comment (2026-05-08): $626 XX collection may remain open per guidelines.


Buyer Comment (2026-05-08): XX payoff  reported on XX


Buyer Comment (2026-05-08): XX reflects XX payoff


Buyer Comment (2026-05-08): Payoff
 05/12/2026     1 B A B A B A B A B A XX NV Primary Refinance - Cash-out - Other   B A B A A A A A Non QM Exempt from ATR No
742 XX XX XX   36716229 12603005290-37730 04/30/2026 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 (2026-04-30): CDFI lender testing ATR
     04/30/2026 2 A A A A A A A A A A XX TX Primary Refinance - Cash-out - Other   B A A A A A B A Non QM Exempt from ATR No
742 XX XX XX   36716232 12603005290-6498 04/30/2026 Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: 03/XX/2026 The Appraisal Transfer was not addressed to Lender. Please provide an updated transfer letter disclosing C xx as the transferee.       Reviewer Comment (2026-05-06): Received appraisal transfer letter. Exception cleared.


Buyer Comment (2026-05-05): Appraisal Transfer Letter with correct lender.


Buyer Comment (2026-05-04): PFA as requested
 05/06/2026     1 B A B A B A B A B A XX TX Primary Refinance - Cash-out - Other   B A A A A A B A Non QM Exempt from ATR No
728 XX XX XX   36716234 12603004856-37730 05/04/2026 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): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
728 XX XX XX   36716237 12603004856-5404 05/04/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX Third Party Verification Missing verification of business within 20 business days of the Note date.       Reviewer Comment (2026-05-19): Third party verification dated within 20 business days of Note date received in trailing documents.
 05/19/2026     1 C A C A C A C A C A XX TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
728 XX XX XX   36716238 12603004856-25029 05/04/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Missing verification of business within 20 business days of the Note date.       Reviewer Comment (2026-05-19): Third party verification dated within 20 business days of Note date received in trailing documents.
 05/19/2026     1 B A C A B A C A B A XX TX Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
728 XX XX XX   36716239 12603004856-5695 05/04/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Missing verification of business within 20 business days of the Note date.       Reviewer Comment (2026-05-19): Third party verification dated within 20 business days of Note date received in trailing documents.
 05/19/2026     1 C A C A C A C A C A XX TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
728 XX XX XX   36716240 12603004856-33058 05/04/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Missing verification of business within 20 business days of the Note date.       Reviewer Comment (2026-05-19): Third party verification dated within 20 business days of Note date received in trailing documents.
 05/19/2026     1 C A C A C A C A C A XX TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
728 XX XX XX   36716241 12603004856-29639 05/04/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing verification of business within 20 business days of the Note date.       Reviewer Comment (2026-05-19): Third party verification dated within 20 business days of Note date received in trailing documents.


Buyer Comment (2026-05-15): please see attached


Reviewer Comment (2026-05-14): Third page received reflects that verification of the business being active is attached; however, this document was not included in the upload.  Please provide this for review.


Buyer Comment (2026-05-12): please see attached exception with 3rd page


Reviewer Comment (2026-05-11): File is missing 3rd page detailing what was relied on pre-consummation in closing the loan without the required third party verification dated within 20 business days of the Note date.


Buyer Comment (2026-05-07): please see attached.
 05/19/2026     1 C A C A C A C A C A XX TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
779 XX XX XX   36716247 12603006617-37730 05/04/2026 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): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX FL Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Exempt from ATR No
808 XX XX XX   36716249 12604007567-37730 05/04/2026 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): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX NV Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
761 XX XX XX   36716253 12603006012-37730 05/04/2026 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): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX CA Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
803 XX XX XX   36716258 12603007440-5404 05/05/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX Account Statements - Personal, VA Verification of Benefits VA Verification of Benefits/Bank statement /1099/Award letter missing.       Reviewer Comment (2026-05-11): Verified VA benefit from bank statement in file. Exception cleared


Buyer Comment (2026-05-07): Please re-review Folder 17 Personal and Business bank statements details are provided together
 05/11/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716259 12603007440-27657 05/05/2026 Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided           Reviewer Comment (2026-05-13): Missing statement received to complete 12 month history.


Buyer Comment (2026-05-08): Missing Bank Statement are provided
 05/13/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716260 12603007440-29639 05/05/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   January 2026 and February 2026 Business Bank Statement and Va benefits form missing from file.       Reviewer Comment (2026-05-13): Missing statement received to complete 12 month history and verification of VA benefits received.


Reviewer Comment (2026-05-11): Cleared in error


Reviewer Comment (2026-05-11): Bank statement document available in file to verify VA benefits. Exception cleared


Buyer Comment (2026-05-08): PFA Bank Statement for the month of Jan and Feb 2026


Buyer Comment (2026-05-08): PFA attached bank Statement
 05/13/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716261 12603007440-37730 05/05/2026 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 (2026-05-05): CDFI lender testing ATR
     05/05/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716262 12603007440-25029 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Waterfall due to Business Bank Statement and VA benefits form missing from file.       Reviewer Comment (2026-05-13): Missing statement received to complete 12 month history and verification of VA benefits received.


Buyer Comment (2026-05-08): Missing Bank Statement are provided
 05/13/2026     1 B A C A B A C A B A XX FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716263 12603007440-5695 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Waterfall due to Business Bank Statement and VA benefits form missing from file       Reviewer Comment (2026-05-13): Missing statement received to complete 12 month history and verification of VA benefits received.


Buyer Comment (2026-05-08): Missing Bank Statement are provided, no need for VA benefits.
 05/13/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716265 12603007440-33058 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to Business Bank Statement and VA benefits form missing from file       Reviewer Comment (2026-05-13): Missing statement received to complete 12 month history and verification of VA benefits received.


Reviewer Comment (2026-05-11): Cleared in error


Reviewer Comment (2026-05-11): Business Bank statement and Asset document available in file to verify VA benefits. Exception cleared


Buyer Comment (2026-05-08): Missing Bank Statement are provided, no requirements for the VA benefits
 05/13/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
803 XX XX XX   36716266 12603007440-3880 05/05/2026 Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $15,103.17 may be required. Loan Estimate document missing.       Reviewer Comment (2026-05-11): SitusAMC received initial LE


Buyer Comment (2026-05-08): PFA LEs with audit history


Buyer Comment (2026-05-08): PFA attached bank Statement
 05/11/2026     1 C A C A C A C A C A XX FL Primary Purchase No Defined Cure C A C A C A A A Non QM Exempt from ATR No
809 XX XX XX   36716270 12604007573-37730 05/05/2026 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. Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.       Reviewer Comment (2026-05-04): CDFI lender testing ATR.
     05/04/2026 2 A A A A A A A A A A XX GA Primary Refinance - Rate/Term   A A A A A A A A Non QM Exempt from ATR No
Dropped loan XX XX XX   36716276 12603006190-37730 05/05/2026 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 (2026-05-05): CDFI lender testing ATR
     05/05/2026 2 A A A A A A A A A A XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716278 12603006190-3677 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. VVOE document not provided       Reviewer Comment (2026-06-17): When testing xx loans, we initially run an ATR equivalency review, which is why the ATR exception is cited. As part of our process, once the loan reaches the appropriate review stage and is confirmed to be exempt, we up the loan designation Exempt ATR and we cleared the exception.


Reviewer Comment (2026-05-29): cleared
 05/29/2026     1 B A C A B A C A B A XX FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716279 12603006190-3313 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. (XX/Wages) VVOE document not provided       Reviewer Comment (2026-05-29): Waived with compensating factors per lender exception approval.


Reviewer Comment (2026-05-29): Regraded to EV2-B based on post-close lender exception outlining alternate pre-closing documentation used to verify employment.


Reviewer Comment (2026-05-28): Lender exception still reflects the paystubs as being relied upon to get comfortable approving the loan. Paystubs are either dated 30 days prior to the application date or 60 days prior to the Note date.


Buyer Comment (2026-05-25): Please find attached the updated exception approval.


Reviewer Comment (2026-05-20): Lender exception received; however, it states that lender relied on the paystubs in the file getting comfortable approving the loan.  Upon further review of the file, paystub lender relying on is more than 30 days prior to the application date and more than 60 days prior to the Note date and does not meet guideline requirements.  Lender will need to either update exception form, including approved exception for the paystubs dated older than 30 days of application date, or provide additional support for not obtaining a VVOE for the subject loan.


Buyer Comment (2026-05-17): Please find attached the revised exception, which includes additional details for ATR.


Reviewer Comment (2026-05-13): As this relates to ATR, lender will need to document what they relied on pre-consummation in getting comfortable approving the loan without the VVOE in file at all.


Buyer Comment (2026-05-10): Please find attached the Exception Approval.
     05/29/2026 2 C B C B C B C B C B XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716280 12603006190-4204 05/05/2026 Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. VVOE document not provided       Reviewer Comment (2026-06-17): When testing xx loans, we initially run an ATR equivalency review, which is why the ATR exception is cited. As part of our process, once the loan reaches the appropriate review stage and is confirmed to be exempt, we up the loan designation Exempt ATR and we cleared the exception.


Reviewer Comment (2026-05-29): cleared
 05/29/2026     1 A A A A A A A A A A XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716281 12603006190-5404 05/05/2026 Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: Borrower: XX VVOE - Employment Only   Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: Asset Depletion
Disposable Income: $10,440.69

Reserves: 74.79
Guideline Requirement: 3.00

Loan to Value: 34.90909%
Guideline Maximum Loan to Value: 70.00000%

Guidelines Representative FICO: 640
Representative FICO: 740		 SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-28): Waived with compensating factors per lender exception approval.


Buyer Comment (2026-05-25): Please find attached the updated exception approval.


Reviewer Comment (2026-05-20): Lender exception received; however, it states that lender relied on the paystubs in the file getting comfortable approving the loan.  Upon further review of the file, paystub lender relying on is more than 30 days prior to the application date and more than 60 days prior to the Note date and does not meet guideline requirements.  Lender will need to either update exception form, including approved exception for the paystubs dated older than 30 days of application date, or provide additional support for not obtaining a VVOE for the subject loan.


Buyer Comment (2026-05-17): Please find attached the revised exception, which includes additional details for ATR.


Reviewer Comment (2026-05-13): As this relates to ATR, lender will need to document what they relied on pre-consummation in getting comfortable approving the loan without the VVOE in file at all.


Buyer Comment (2026-05-10): Please find attached the Exception Approval.
     05/28/2026 2 C B C B C B C B C B XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716282 12603006190-5695 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. VVOE document not provided       Reviewer Comment (2026-06-17): When testing xx loans, we initially run an ATR equivalency review, which is why the ATR exception is cited. As part of our process, once the loan reaches the appropriate review stage and is confirmed to be exempt, we up the loan designation Exempt ATR and we cleared the exception.


Reviewer Comment (2026-05-28): Cleared.
 05/28/2026     1 C A C A C A C A C A XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716283 12603006190-25034 05/05/2026 Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 55.14250% moderately exceeds the guideline maximum of 55.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI increased due to insufficient funds available for Asset Depletion. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: Asset Depletion
Disposable Income: $10,440.69

Reserves: 74.79
Guideline Requirement: 3.00

Loan to Value: 34.90909%
Guideline Maximum Loan to Value: 70.00000%

Guidelines Representative FICO: 640
Representative FICO: 740		 SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-29): Waived with compensating factors per lender exception approval.
     05/29/2026 2 C B C B C B C B C B XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
Dropped loan XX XX XX   36716284 12603006190-5366 05/05/2026 Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of 55.14250% exceeds Guideline total debt ratio of 55.00000%. DTI increased due to insufficient funds available for Asset Depletion. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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

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

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

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Documentation Type: Asset Depletion
Disposable Income: $10,440.69

Reserves: 74.79
Guideline Requirement: 3.00

Loan to Value: 34.90909%
Guideline Maximum Loan to Value: 70.00000%

Guidelines Representative FICO: 640
Representative FICO: 740		 SitusAMC

Originator,SitusAMC

SitusAMC

Originator,SitusAMC

Originator,SitusAMC

Originator,SitusAMC		 Reviewer Comment (2026-05-28): Waived with compensating factors per lender exception approval.


Reviewer Comment (2026-05-13): Condition to be re-reviewed when all income conditions are addressed/responded to.


Buyer Comment (2026-05-10): Please find attached the Exception Approval.
     05/28/2026 2 C B C B C B C B C B XX FL Primary Refinance - Cash-out - Other   C B C B C B A A Exempt from ATR Exempt from ATR No
788 XX XX XX   36716286 12603006876-37730 05/05/2026 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. Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.       Reviewer Comment (2026-05-05): CDFI lender testing ATR
     05/05/2026 2 A A A A A A A A A A XX TX Primary Refinance - Rate/Term   A A A A A A A A Non QM Exempt from ATR No
802 XX XX XX   36716295 12603007405-37730 05/05/2026 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 (2026-05-05): CDFI lender testing ATR.
     05/05/2026 2 A A A A A A A A A A XX NC Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
766 XX XX XX   36716298 12603006157-37730 05/05/2026 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 (2026-05-05): CDFI lender testing ATR.
     05/05/2026 2 A A A A A A A A A A XX AZ Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Exempt from ATR No
766 XX XX XX   36716300 12603006157-6543 05/05/2026 Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,160.00 exceeds tolerance of $990.00 plus 10% or $1,089.00.  $71.00 over legal limit.  Insufficient or no cure was provided to the borrower. (0) Fee increased without a valid change of circumstance.       Reviewer Comment (2026-05-19): SitusAMC received LOX stating the borrower didn't shop from SSPL.


Buyer Comment (2026-05-18): Please see attached audit.
 05/19/2026     1 C A C A C A C A C A XX AZ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
774 XX XX XX   36716302 12603006444-6498 05/06/2026 Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: 01/XX/2026 Appraisal transfer letter is not provided.       Reviewer Comment (2026-05-11): Appraisal transfer letter provided and associated. Exception cleared


Buyer Comment (2026-05-07): PFA
 05/11/2026     1 B A B A B A B A B A XX NV Primary Purchase   B A A A A A B A Non QM Exempt from ATR No
774 XX XX XX   36716303 12603006444-37730 05/06/2026 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. CDFI Bank Originated Loan submitted as Non-Exempt.       Reviewer Comment (2026-05-11): CDFI lender testing ATR


Buyer Comment (2026-05-07): CDFI lender testing ATR.
     05/11/2026 2 A A A A A A A A A A XX NV Primary Purchase   B A A A A A B A Non QM Exempt from ATR No
760 XX XX XX   36716308 12603006003-2666 05/06/2026 Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on 04/XX/2026, prior to three (3) business days from transaction date of 04/XX/2026. Subject loan transaction disbursed on 04/XX/2026, prior to three business days from the transaction date of 04/XX/2026.       Reviewer Comment (2026-05-12): PCCD received with disbursement date of 04/xx/2026.


Buyer Comment (2026-05-09): SS with Sign and stamp


Buyer Comment (2026-05-08): PFA Final SS and PC-CD and LOE with correct disbursement date
 05/12/2026     1 C A C A C A C A C A XX NV Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form D A D A C A B A Non QM Exempt from ATR No
760 XX XX XX   36716309 12603006003-2919 05/06/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   UW Discretion is required for borrower living rent-free with someone other than spouse.       Reviewer Comment (2026-05-12): 1008 received as UW Discretion.


Buyer Comment (2026-05-08): 1008
 05/12/2026     1 C A C A C A C A D A XX NV Primary Refinance - Cash-out - Other   D A D A C A B A Non QM Exempt from ATR No
760 XX XX XX   36716310 12603006003-3831 05/06/2026 Credit Credit Miscellaneous Guideline Credit Exception:   The rent-free letter stated that borrower resided until September, 2026.  Please update the letter disclosing the correct dates that borrower lived rent-free.       Reviewer Comment (2026-05-28): Received corrected LOE.


Buyer Comment (2026-05-26): loe


Reviewer Comment (2026-05-12): September of 2026 is a future date.  The LOE states they resided until September of 2026, which is incorrect.  Please provide LOE with correct dates of residence for review of this condition.


Buyer Comment (2026-05-08): The loe is correct. The Borrower stated on his signed 1003 he has lived at this current residence for 6 months. Prior to that he lived rent free with his mother.
 05/28/2026     1 C A C A C A C A C A XX NV Primary Refinance - Cash-out - Other   D A D A C A B A Non QM Exempt from ATR No
760 XX XX XX   36716311 12603006003-37730 05/06/2026 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 (2026-05-06): CDFI lender testing ATR.
     05/06/2026 2 A A A A A A A A A A XX NV Primary Refinance - Cash-out - Other   D A D A C A B A Non QM Exempt from ATR No
760 XX XX XX   36716313 12603006003-6498 05/06/2026 Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender Valuation Type: Appraisal / Valuation Report Date: 04/XX/2026 Appraisal transfer letter from XX was not provided.       Reviewer Comment (2026-05-11): Appraisal transfer letter provided and associated. Exception cleared


Buyer Comment (2026-05-07): PFA
 05/11/2026     1 B A B A B A B A B A XX NV Primary Refinance - Cash-out - Other   D A D A C A B A Non QM Exempt from ATR No
787 XX XX XX   36716319 12603006868-37730 05/07/2026 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 (2026-05-06): CDFI lender testing ATR.
     05/06/2026 2 A A A A A A A A A A XX CO Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
770 XX XX XX   36716322 12603006228-37730 05/07/2026 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 (2026-05-07): CDFI lender testing ATR.
     05/07/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Exempt from ATR No
793 XX XX XX   36716326 12603007209-30934 05/08/2026 Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. Borrower: XX, Borrower: XX Occupancy: Second Home; Declarations/Will borrower occupy: Yes
Occupancy: Second Home; Declarations/Will borrower occupy: Yes		 Subject is a purchase of a second home. However, Declaration "Section A" reads that the borrower will occupy the property as "primary". A corrected Final 1003 is needed.       Reviewer Comment (2026-05-28): received corrected 1003 and esign process summary.


Buyer Comment (2026-05-26): summary


Buyer Comment (2026-05-26): 1003
 05/28/2026     1 C A C A C A C A C A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716328 12603007209-25838 05/08/2026 Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. Address: XX Insurance Verification Unable to verify the expenses for $4,037.80 for the investment property XX       Reviewer Comment (2026-05-14): Evidence of first mortgage and HOI received in trailing documents.


Buyer Comment (2026-05-12): FPL


Buyer Comment (2026-05-12): HOI


Buyer Comment (2026-05-12): Tax cert
 05/14/2026     1 C A C A C A C A C A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716329 12603007209-37730 05/08/2026 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 (2026-05-08): CDFI lender testing ATR.
     05/08/2026 2 A A A A A A A A A A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716332 12603007209-4433 05/08/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 04/XX/2026 incorrectly disclosed whether the loan will have an escrow account. (Final/XX/28/2026) On the provided Closing Disclosure page 4, 'Will not have an Escrow account' was checked; however, neither 'You declined it' nor 'Your lender does not offer one' boxes were checked.       Reviewer Comment (2026-05-14): SitusAMC received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2026-05-13): PFA
   05/14/2026   2 C B C B C B C B C B XX TN Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716333 12603007209-25029 05/08/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Waterfall due to missing Insurance verification for REO XX       Reviewer Comment (2026-05-14): Evidence of first mortgage and HOI received in trailing documents.
 05/14/2026     1 B A C A B A C A B A XX TN Second Home Purchase Lender to provide updated ATR/QM Loan Designation D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716334 12603007209-33058 05/08/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to missing Insurance verification for REO XX       Reviewer Comment (2026-05-14): Evidence of first mortgage and HOI received in trailing documents.
 05/14/2026     1 C A C A C A C A C A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716335 12603007209-29639 05/08/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing Insurance verification for REO XX       Reviewer Comment (2026-05-14): Evidence of first mortgage and HOI received in trailing documents.


Buyer Comment (2026-05-12): see attached docs
 05/14/2026     1 C A C A C A C A C A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716336 12603007209-5695 05/08/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Waterfall due to missing Insurance verification for REO XX       Reviewer Comment (2026-05-14): Evidence of first mortgage and HOI received in trailing documents.
 05/14/2026     1 C A C A C A C A C A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
793 XX XX XX   36716337 12603007209-2919 05/08/2026 Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Provide a Property Report verifying the primary residence is owned free and clear with taxes paid current.       Reviewer Comment (2026-05-14): Property history report reflecting no open liens and no delinquent taxes received in trailing documents.


Buyer Comment (2026-05-12): Property profile
 05/14/2026     1 C A C A C A C A D A XX TN Second Home Purchase   D B D A C B A A Non QM Exempt from ATR No
806 XX XX XX   36716339 12604007530-37730 05/08/2026 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 (2026-05-13): CDFI lender testing ATR


Buyer Comment (2026-05-11): Please waive.
     05/13/2026 2 A A A A A A A A A A XX CA Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
740 XX XX XX   36716360 12603005230-37730 05/08/2026 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 (2026-05-08): CDFI lender testing ATR
     05/08/2026 2 A A A A A A A A A A XX FL Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
813 XX XX XX   36716362 12604007795-37730 05/08/2026 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 (2026-05-13): CDFI lender testing ATR


Buyer Comment (2026-05-11): Please waive.
     05/13/2026 2 A A A A A A A A A A XX CO Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
708 XX XX XX   36716366 12602003445-37730 05/12/2026 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. CDFI Bank Originated Loan submitted as Non-Exempt.       Reviewer Comment (2026-05-12): CDFI lender testing ATR.
     05/12/2026 2 A A A A A A A A A A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716372 12602003445-28438 05/12/2026 Credit Income Income Error Income The total of Statement Period Months entered is less than the Qualifying Method entered of Most Recent 12 months. Borrower: XX// Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013, Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013, Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013 Statement Period Months provided: 11,
Statement Period Months provided: 11,
Statement Period Months provided: 11,		 Account statement for 10/XX/2025 was not found in the loan file to complete 12 months required per guideline program.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.


Buyer Comment (2026-05-18): Oct statement
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716373 12602003445-3677 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 B A C A B A C A B A XX VA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716374 12602003445-4204 05/12/2026 Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 A A A A A A A A A A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716375 12602003445-5695 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716376 12602003445-32888 05/12/2026 Credit Income Income Error Income The Total Bank Statement Period months provided is less than the required # of Bank Statements required. Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013 Account statement for 10/XX/2025 was not found in the loan file to complete 12 months required per guideline program.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.


Buyer Comment (2026-05-18): see attached statement
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716377 12602003445-32888 05/12/2026 Credit Income Income Error Income The Total Bank Statement Period months provided is less than the required # of Bank Statements required. Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013 Account statement for 10/XX/2025 was not found in the loan file to complete 12 months required per guideline program.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.


Buyer Comment (2026-05-18): see attached statement
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716378 12602003445-32888 05/12/2026 Credit Income Income Error Income The Total Bank Statement Period months provided is less than the required # of Bank Statements required. Borrower: XX // Employment Type: Employment / Income Type: Bank Statements / Start Date: 03/XX/2013 Account statement for 10/XX/2025 was not found in the loan file to complete 12 months required per guideline program.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.


Buyer Comment (2026-05-18): see attached statement
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716379 12602003445-29639 05/12/2026 Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Account statement for 10/XX/2025 was not found in the loan file to complete 12 months required per guideline program.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.


Buyer Comment (2026-05-18): see attached statement
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716380 12602003445-33058 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716381 12602003445-32884 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XX/Bank Statements) Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716382 12602003445-32884 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XX/Bank Statements) Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
708 XX XX XX   36716383 12602003445-32884 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. (XX/Bank Statements) Loan designation discrepancy due to missing October 2025 statement required to complete 12 month requirement for income calculation.       Reviewer Comment (2026-05-20): Missing October 2025 statement provided in trailing docs.
 05/20/2026     1 C A C A C A C A C A XX VA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
815 XX XX XX   36716385 12604007947-37730 05/11/2026 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. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-05-14): CDFI lender testing ATR


Buyer Comment (2026-05-12): COC provided
     05/14/2026 2 A A A A A A A A A A XX TX Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
815 XX XX XX   36716387 12604007947-34957 05/11/2026 Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $0.00 exceeds tolerance of $-505.00. Insufficient or no cure was provided to the borrower. (9300) Zero-percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 exceeds tolerance of $-505.00. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-13): SitusAMC received a valid COC.


Buyer Comment (2026-05-12): PFA COC as requested
 05/13/2026     1 C A C A C A C A C A XX TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
815 XX XX XX   36716389 12604007947-6542 05/11/2026 Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $5,340.00 exceeds tolerance of $0.00.  $5,340.00 over legal limit.  Insufficient or no cure was provided to the borrower. (7200) Zero-percent tolerance was exceeded by $5,340.00 due to the Loan Discount Points Fee. No valid COC was provided. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-13): SitusAMC received a valid COC.


Buyer Comment (2026-05-12): PFA COC as requested
 05/13/2026     1 C A C A C A C A C A XX TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
795 XX XX XX   36716391 12603007309-37730 05/12/2026 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 (2026-05-11): CDFI lender testing ATR.
     05/11/2026 2 A A A A A A A A A A XX NC Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Exempt from ATR No
795 XX XX XX   36716396 12603007309-33616 05/12/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-05-20): E-sign disclosure provided.


Buyer Comment (2026-05-18): Please see.


Reviewer Comment (2026-05-15): Provide signed E-sign disclosure.


Buyer Comment (2026-05-13): Please find attached the E-Sign agreement.
 05/20/2026     1 C A C A C A C A C A XX NC Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Exempt from ATR No
753 XX XX XX   36716401 12603005720-37730 05/12/2026 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 (2026-05-15): CDFI lender testing ATR


Buyer Comment (2026-05-13): CDFI lender testing ATR.
     05/15/2026 2 A A A A A A A A A A XX TX Primary Refinance - Rate/Term   A A A A A A A A Non QM Exempt from ATR No
796 XX XX XX   36716406 12603007340-37730 05/12/2026 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 (2026-05-15): CDFI lender testing ATR.
     05/15/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
796 XX XX XX   36716408 12603007340-3677 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Waterfall due to Points and Fees exception.       Reviewer Comment (2026-05-21): CPA and VVOE with CPA received in trailing documents.


Buyer Comment (2026-05-21): See attached CPA Letter


Reviewer Comment (2026-05-15): Document provided is the VVOE with the CPA prior to consummation and is not considered third party verification of self-employment dated no more than 20 business days from the Note date.  File appears to be missing the CPA letter, as there is a CPA prepared P&L and evidence of the PTIN license; however, no CPA letter provided.


Buyer Comment (2026-05-13): Please see attached
 05/21/2026     1 B A C A B A C A B A XX FL Primary Purchase Lender to provide updated ATR/QM status C A A A C A A A Non QM Exempt from ATR No
796 XX XX XX   36716409 12603007340-4204 05/12/2026 Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Waterfall due to Points and Fees exception.       Reviewer Comment (2026-05-21): CPA and VVOE with CPA received in trailing documents.
 05/21/2026     1 A A A A A A A A A A XX FL Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
796 XX XX XX   36716410 12603007340-34658 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - P&L Statement Only Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. (XX/P&L Statement Only) Waterfall due to missing Third Party Verification.       Reviewer Comment (2026-05-21): CPA and VVOE with CPA received in trailing documents.


Buyer Comment (2026-05-21): Attached find CPA Letter.


Reviewer Comment (2026-05-19): Exception is not asking for the VVOE with the CPA.  File is missing the actual CPA/tax preparer letter containing the required guideline verbiage/information to verify the borrower's self-employment/P&L document provided.


Buyer Comment (2026-05-18): Please see attached


Reviewer Comment (2026-05-15): Document provided is the VVOE with the CPA prior to consummation and is not considered third party verification of self-employment dated no more than 20 business days from the Note date.


Buyer Comment (2026-05-13): Please see attached
 05/21/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
796 XX XX XX   36716413 12603007340-5695 05/12/2026 Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Waterfall due to missing Third Party Verification.       Reviewer Comment (2026-05-21): CPA and VVOE with CPA received in trailing documents.


Reviewer Comment (2026-05-15): Document provided is the VVOE with the CPA prior to consummation and is not considered third party verification of self-employment dated no more than 20 business days from the Note date.  File appears to be missing the CPA letter, as there is a CPA prepared P&L and evidence of the PTIN license; however, no CPA letter provided.


Buyer Comment (2026-05-13): Please see attached
 05/21/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
811 XX XX XX   36716416 12604007727-37730 05/12/2026 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. Loan originator designation was updated as per the guidelines.       Reviewer Comment (2026-05-15): CDFI lender testing ATR


Buyer Comment (2026-05-13): Please waive.
     05/15/2026 2 A A A A A A A A A A XX TX Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
782 XX XX XX   36716418 12603006768-37730 05/13/2026 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 (2026-05-18): CDFI lender testing ATR


Buyer Comment (2026-05-14): CDFI lender testing ATR.
     05/18/2026 2 A A A A A A A A A A XX CA Primary Purchase   C B C B C A A A Non QM Exempt from ATR No
782 XX XX XX   36716419 12603006768-18604 05/13/2026 Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure 04/XX/2026 on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Final/XX/30/2026) Seller Closing Disclosure missing in loan file.       Reviewer Comment (2026-05-18): SitusAMC received seller CD and final SS. No seller paid fees. Seems direct purchase from builder.


Buyer Comment (2026-05-14): Please find attached the seller docs.
 05/18/2026     1 C A C A C A C A C A XX CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C A A A Non QM Exempt from ATR No
782 XX XX XX   36716420 12603006768-4961 05/13/2026 Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Unable to verify 12 full months' housing history for the primary residence, as the file contained only the (3) most recent rental payments.  If renting from a management company, please provide either a fully executed verification of rent or most recent lease agreement, along with a payment history ledger from management company, canceled checks (front and back), or bank statements showing account ownership and payments debited by the management company.  If renting from a private landlord, please provide lease agreement for the address covering the most recent 12-month period, along with verification of timely payments made (either by canceled checks (front and back), or bank statements showing ownership and payments debited by the landlord.  Underwriter discretion may apply. Borrower has verified disposable income of at least $2500.00. Documentation Type: 2yr Full Doc
Disposable Income: $5,825.83		 Originator,SitusAMC Reviewer Comment (2026-05-22): Waived with compensating factors at client request.


Buyer Comment (2026-05-20): Lender accepts. Please waive with available compensating factors.


Reviewer Comment (2026-05-18): Lease received; however, without copies of the checks, we are unable to assume that a check from the account statements provided was paid to the landlord.  If lender is accepting the bank statements, a request to waive can be made.


Buyer Comment (2026-05-15): Borrower provided 12 months XX statements reporting $2100 checks withdrawals to support rent payments.


Buyer Comment (2026-05-15): Per email from loan officer -Borrower's bank would only provide 3 months cancelled checks


Buyer Comment (2026-05-14): lease
     05/22/2026 2 C B C B C B C B C B XX CA Primary Purchase   C B C B C A A A Non QM Exempt from ATR No
818 XX XX XX   36716422 12604008754-37730 05/14/2026 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 (2026-05-19): CDFI lender testing ATR


Buyer Comment (2026-05-15): Please waive.
     05/19/2026 2 A A A A A A A A A A XX CA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Exempt from ATR No
818 XX XX XX   36716424 12604008754-3988 05/14/2026 Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 04/XX/2026 not received by borrower at least four (4) business days prior to closing. (Interim/XX/27/2026) Loan Estimate dated 04/XX/2026 is missing evidence of receipt 4 business days prior to closing.       Reviewer Comment (2026-05-18): SitusAMC received LOE suffice


Buyer Comment (2026-05-15): See attached
 05/18/2026     1 C A C A C A C A C A XX CA Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Non QM Exempt from ATR No
818 XX XX XX   36716425 12604008754-7042 05/14/2026 Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. H-8 format of right to cancel disclosure was used instead of H-9 format in a refinance done by same original creditor.       Reviewer Comment (2026-05-26): SitusAMC received  Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form.


Reviewer Comment (2026-05-21): Condition to be re-reviewed once rescission period expires.  Eligible for re-review on 5/26/2026.


Buyer Comment (2026-05-21): See attached
   05/26/2026   2 B B B B B B B B B B XX CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B A A C B A A Non QM Exempt from ATR No
810 XX XX XX   36716426 12604007674-37730 05/14/2026 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 (2026-05-19): CDFI lender testing ATR


Buyer Comment (2026-05-15): CDFI lender testing ATR.
     05/19/2026 2 A A A A A A A A A A XX TN Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Exempt from ATR No
732 XX XX XX   36716432 12603005003-37730 05/14/2026 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 (2026-05-19): CDFI lender testing ATR


Buyer Comment (2026-05-15): Lender testing CDFI.
     05/19/2026 2 A A A A A A A A A A XX TX Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Exempt from ATR No
732 XX XX XX   36716435 12603005003-39780 05/14/2026 Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided) Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. Texas Cash-out Itemized Disclosure was not provided.       Reviewer Comment (2026-05-28): Received Closing Disclosure issued 04/27/2026. Exception cleared.


Buyer Comment (2026-05-26): PFA


Reviewer Comment (2026-05-22): Provide the following disclosure:  "Owner Affidavit Acknowledging Lender Compliance Requirements to provide Owner Copy of Loan Application & Early Final Itemized Disclosure of Actual Fees, Points, Interest, Costs and Charges disclosure".


Buyer Comment (2026-05-20): we have a CD dated 4/17 which was signed by borrower on 4/22 , will that not be considered as Texas Cash-out Itemized Disclosure
 05/28/2026     1 C A C A C A C A C A XX TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A A A Non QM Exempt from ATR No
812 XX XX XX   36716437 12604007773-37730 05/15/2026 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. 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 (2026-05-15): CDFI lender testing ATR.
     05/15/2026 2 A A A A A A A A A A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
812 XX XX XX   36716440 12604007773-33616 05/15/2026 Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. Disclosure: E-Sign Consent Agreement         Reviewer Comment (2026-05-25): E-Sign Consent agreement associated. Exception cleared.


Buyer Comment (2026-05-21): PFA
 05/25/2026     1 C A C A C A C A C A XX FL Primary Purchase   C A C A A A A A Non QM Exempt from ATR No
805 XX XX XX   36716444 12604007516-37730 05/18/2026 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 (2026-05-18): CDFI lender testing ATR.
     05/18/2026 2 A A A A A A A A A A XX CA Primary Refinance - Rate/Term   C A A A C A A A Non QM Exempt from ATR No
805 XX XX XX   36716446 12604007516-6542 05/18/2026 Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $4,000.00 exceeds tolerance of $3,000.00.  $1,000.00 over legal limit.  Insufficient or no cure was provided to the borrower. (7200) Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,000.00 exceeds tolerance of $3,000.00. $1,000.00 over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-20): SitusAMC received a valid COC.


Buyer Comment (2026-05-19): Please see attached
 05/20/2026     1 C A C A C A C A C A XX CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No