Atlas A&D Opportunity Fund III LP ABS-15G

Exhibit 99.16

 

Loan ID Customer Loan ID Seller Loan ID Note Date Original Loan Amount Last Name Property State Occupancy Purpose Originator QM Status TPR QM Status Exception ID Exception Number Exception Date Exception Type Exception Subcategory Exception Exception Remedy Rebuttal TPR Response Compensating Factors Status Update Date Finding Status Initial Exception Grade Final Exception Grade Initial Loan Grade Final Loan Grade
1     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 2508345 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2024-10-02 18:26 Cleared 1 1 1 1
1     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 2508369 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2024-10-02 18:30 Cleared 1 1 1 1
1     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 2508372 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2024-10-02 18:30 Cleared 1 1 1 1
2     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 3295368 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2025-01-28 14:50 Cleared 1 1 3 1
2     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 3295383 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2025-01-28 14:51 Cleared 1 1 3 1
2     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 3295412 3 of 3 xx/xx/xxxx Credit Credit Profile - Insufficient Tradelines The documented tradelines do not meet the minimum tradelines required per guidelines. Loan was done under the Foreign National program which requires a bank reference letter.  File is missing bank reference for borrowers xxxxx, xxxxx, and xxxxx.

  Document Uploaded.  Please see attached reference letter for xxxxx. We are qualifying with a US credit score for two borrowers – xxxxx and xxxxx and because of that, a reference letter is not required by our guidelines.  - 01/30/2025
 Reference letter provided, condition resolved.  - 01/31/2025

   2025-01-31 13:33 Resolved 3 1 3 1
3     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 4084814 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2025-05-08 18:19 Cleared 1 1 1 1
3     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 4084815 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2025-05-08 18:19 Cleared 1 1 1 1
3     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 4084821 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2025-05-08 18:19 Cleared 1 1 1 1
4     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 5628901 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2025-09-23 03:39 Cleared 1 1 3 1
4     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 5644158 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2025-09-23 20:29 Cleared 1 1 3 1
4     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 5645553 3 of 3 xx/xx/xxxx Credit Assets - Large Deposits The loan file does not contain all required asset documentation. Asset statements in file verified a large deposit which when removed from assets results in a shortage and the loan file does not contain sufficient documentation to source the deposit. Please document the source of the xxxxx  deposit into the account xxxxx, or provide the currency converter for the xxxxx funds in the file to support the assets needed for closing and reserves.

  This is a business account. There is no large deposit threshold due to this being DSCR product and the deposit is in into a business account. Even if it was new debt, it would be business debt and not the borrowers. Funds in this account are only being applied to reserve funds and NOT the downpayment. There is no requirement in the guidelines for large deposits into business accounts. - 09/25/2025

 Documentation provided is sufficient. - 09/26/2025

   2025-09-26 13:43 Resolved 3 1 3 1
5     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 5694580 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2025-09-27 17:15 Cleared 1 1 1 1
5     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 5694581 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2025-09-27 17:15 Cleared 1 1 1 1
5     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 5695743 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2025-09-28 19:15 Cleared 1 1 1 1
6     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6263416 1 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2025-11-15 13:55 Cleared 1 1 3 1
6     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6280942 2 of 4 xx/xx/xxxx Credit DTI - Missing Debts/DTI Within Tolerance (43%) The DTI did not reflect all of the borrower's debts, however, the recalculated DTI is still within allowable tolerances (3%) or 43% MAX. Lender has an other expense 185.00/mo on final 1008. Documentation to support cannot be located in file.



  Document Uploaded. 'Other expense' for $185 displayed in 1008 form was for a special assessment. Please see attached Notice of Neighborhood Assessment confirming the $185 amount - 01/21/2026

 Document Uploaded. Please see attached screenshot of 1008 in our system. Other expense is reflected as 0 - 01/07/2026

 Neighborhood Assessment document provided. Condition resolved. - 01/22/2026

Condition upheld. Please provide documentation of the $185 debt. - 01/09/2026

   2026-01-22 14:42 Resolved 2 1 3 1
6     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6318784 3 of 4 xx/xx/xxxx Credit Credit Documentation - Letter of Explanation The loan file did not contain a letter of explanation as required. Could not locate a credit reference letter in file
xxxxx will accept a bank reference letter or other financial institution letter (e.g., mortgage company, credit card company), required for all borrowers who provide income or assets for qualification purposes, from a financial institution dated within 90 days of the note date, as specified below:
• The reference letter indicating two years in open, currently active status and cannot have derogatory history. The reference letter does not require to include good standing language.
• The reference letter must be for the borrower, not the borrower’s business.
• The reference letter must be on the bank’s letterhead, dated and contain full address and contact number of financial institution.

  Document Uploaded.  - 01/07/2026

 Credit reference letter provided. Condition resolved. - 01/09/2026

   2026-01-09 20:44 Resolved 3 1 3 1
6     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6318957 4 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2025-11-20 14:00 Cleared 1 1 3 1
63     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8921402 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 15:22 Cleared 1 1 3 1
63     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8923211 2 of 3 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing xxxxx has affiliates and there isn't a signed Affiliate Disclosure in the file.



  Document Uploaded. Please see attached memo from Compliance stating that xxxxx xxxxx and xxxxx are not xxxxx affiliated settlement service providers per the RESPA definition. - 04/29/2026
 Confirmed affiliates are not mortgage related.  - 04/30/2026

   2026-04-30 14:58 Resolved 3 1 3 1
63     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8926851 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-28 18:09 Cleared 1 1 3 1
7     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6917406 1 of 4 xx/xx/xxxx Credit Borrower 2 CPA Letter Missing Borrower 2 CPA Letter missing.. Missing CPA letter verifying Borrower 2 partnership business as required by Guidelines.



  Document Uploaded. Please see attached CPA letter for income. - 01/09/2026

 CPA letter provided. Condition resolved. - 01/14/2026

Borrower 2 CPA Letter Provided or Not Applicable (Number of Borrowers equals 2) - 01/14/2026

 313, 992,989 2026-03-11 17:07 Resolved 3 1 3 1
7     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6918204 2 of 4 xx/xx/xxxx Property Subject property appraisal is not on an as-is basis (Primary Value) Primary value subject property appraisal is not on an as-is basis. File is missing the 1004D from the appraiser showing the subject property was completed per plans and specs as previously noted on Appraisal form 1004.



  Please see the attestation letter from the borrower stating the repairs have been completed. - 02/23/2026

 Attestation letter from the borrower provided. Condition resolved. - 02/24/2026

   2026-02-24 15:52 Resolved 3 1 3 1
7     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6930881 3 of 4 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-01-06 12:44 Cleared 1 1 3 1
7     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 6995722 4 of 4 xx/xx/xxxx Credit Missing Business Purpose Affidavit File is missing statement of business purpose. Missing Business purpose affidavit signed at close as required by Guidelines. The loan file contains copy signed at origination only.



  Document Uploaded. Please see attached business purpose affidavit. - 01/09/2026

 Business Purpose Affidavit provided. Condition resolved. - 01/14/2026

   2026-01-14 13:39 Resolved 3 1 3 1
40     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8848561 1 of 3 xx/xx/xxxx Property Condo - Warrantability Condominium project is not warrantable, or documentation not provided to determine warrantability Evidence that the condo is warrantable is missing from the file.
 



   Document Uploaded. There was no condo project review since this condo is detached. - 04/30/2026

 Detached condo. Condition resolved. - 05/01/2026

   2026-05-01 20:07 Resolved 3 1 3 1
40     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8849750 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 20:13 Cleared 1 1 3 1
40     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8850899 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-23 21:09 Cleared 1 1 3 1
9     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7224821 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-01-21 21:00 Cleared 1 1 3 1
9     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7261462 2 of 3 xx/xx/xxxx Credit Verification Documentation - VOM Missing/Incomplete The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Missing supporting documentation to verify mortgage for the following investment properties owned by Borrower:   1.   xxxxx     2. xxxxx (New purchase and final CD provided as evidence is unsigned - page 480)   3.  xxxxx (New purchase and final CD provided as evidence is unsigned - page 504)

  Document Uploaded.  - 01/27/2026

 Docs provided. Condition resolved. - 01/28/2026

   2026-01-28 18:14 Resolved 3 1 3 1
9     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7271968 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-01-23 16:59 Cleared 1 1 3 1
70     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8970073 1 of 3 xx/xx/xxxx Credit Title Coverage is Less than Subject Lien(s) Total Title coverage is less than total amount of subject lien(s).

  Title fees are calculated based of the correct loan amount. Final title policy will be issued with the correct coverage equal to LA. It was agreed that coverage on Title commitment should be removed from the scope of the review. - 05/04/2026

 A&D does not require title coverage to match the loan amount. Final title policy will be issued with the correct coverage equal to LA. Condition resolved - 05/05/2026

   2026-05-05 13:59 Resolved 3 1 3 1
70     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8972792 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-30 15:49 Cleared 1 1 3 1
70     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8972794 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-30 15:49 Cleared 1 1 3 1
8     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7221431 1 of 4 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. Missing proof of HOA at xxxxx Per mortgage statement tax/ins escrowed.

Missing proof of HOA if any for property at xxxxx

   Document Uploaded.  - 01/27/2026

 MLS Statements for REO's provided.  Condition resolved. - 01/28/2026

   2026-01-28 18:38 Resolved 3 1 3 1
8     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7238916 2 of 4 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-01-22 13:18 Cleared 1 1 3 1
8     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7240318 3 of 4 xx/xx/xxxx Credit Approval - Lender Income Calculation Missing The loan file did not contain the lender income calculation worksheet as required.

  Document Uploaded.  - 01/27/2026

 Bank Statement Calculation Worksheet located in file. - 01/28/2026

   2026-01-28 18:33 Void 3 1 3 1
8     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7251090 4 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-01-22 18:56 Cleared 1 1 3 1
87     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9086727 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 15:39 Cleared 1 1 1 1
87     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9091122 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 18:45 Cleared 1 1 1 1
87     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9092395 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 19:48 Cleared 1 1 1 1
10     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7540770 1 of 3 xx/xx/xxxx Compliance The Deed of Trust is Not Executed The Deed of Trust is not executed.

  Document Uploaded. Please see the executed DoT. - 02/13/2026

 The Deed of Trust is executed - 02/13/2026

Received executed, notarized DOT with all riders - 02/13/2026

   2026-02-13 16:57 Resolved 3 1 3 1
10     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7559942 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-02-11 15:48 Cleared 1 1 3 1
10     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 7564356 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-02-11 18:29 Cleared 1 1 3 1
52     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8894999 1 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-27 15:38 Cleared 1 1 3 1
52     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8897731 2 of 4 xx/xx/xxxx Compliance The Deed of Trust is Not Executed The Deed of Trust is not executed.

  Document Uploaded. Uploaded fully executed Mortgage DOT - 04/29/2026

 The Deed of Trust is executed - 04/30/2026

Received signed and notorized DOT - 04/30/2026

   2026-04-30 14:28 Resolved 3 1 3 1
52     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8898353 3 of 4 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing xxxxx Mortgage has affiliates and there isn't a signed Affiliate Disclosure in the file.



  Document Uploaded. Please see attached Memo from our compliance dept. This is to confirm that per that xxxxx xxxxx and xxxxx are not xxxxx affiliated settlement service providers per the RESPA definition.   - 04/29/2026
 Confirmed affiliates are not mortgage related. Recieved attestation from lender - 04/30/2026

   2026-04-30 14:27 Resolved 3 1 3 1
52     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9008005 4 of 4 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-01 20:04 Cleared 1 1 3 1
11     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 7599241 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-02-13 04:02 Cleared 1 1 3 1
11     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 7599243 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-02-13 04:03 Cleared 1 1 3 1
11     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 7633148 3 of 3 xx/xx/xxxx Credit Hazard Insurance Coverage Amount is less than Required Coverage Amount Coverage Amount - Hazard insurance amount is less than required coverage amount.

  Document Uploaded. 100% GUARANTEED REPLACEMENT COST as per Policy - 02/19/2026

 HOI provided. 100% GUARANTEED REPLACEMENT COST as per Policy. Condition resolved. - 02/20/2026

   2026-02-20 15:26 Resolved 3 1 3 1
69     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8963005 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-30 00:00 Cleared 1 1 3 1
69     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8963006 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-30 00:00 Cleared 1 1 3 1
69     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8963049 3 of 3 xx/xx/xxxx Credit Credit Documentation - Mortgage History The loan file did not contain sufficient mortgage payment history. Lender to provide documentation of mortgage payment for xxxxx, concurrent refinance.  

   Document Uploaded. Per Senior UW they used the credit report to document pay history for the xxxxx REO. This is also an active loan that has yet to close where additional documentation was not required per UW.  - 05/04/2026
 Mortgage payment history provided. Condition resolved. - 05/05/2026

   2026-05-05 14:13 Resolved 3 1 3 1
13     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8027309 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-03-10 18:09 Cleared 1 1 3 1
13     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8076561 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-03-12 17:18 Cleared 1 1 3 1
13     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8079520 3 of 3 xx/xx/xxxx Credit Liabilities - Excluded Debts There was no explanation or support for the omission of one or more debts from the initial application. There is no explanation in file to validate exclusion of REO properties xxxxx. In file property report showing owner as borrower xxxxx. Final 1003 show no expenses.

  Document Uploaded. Please see the Satisfaction of Mortgage. - 03/14/2026

 Satisfactory of mortgage provided. Property free and clear. Condition resolved. - 03/16/2026

   2026-03-16 17:58 Resolved 3 1 3 1
35     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8830412 1 of 3 xx/xx/xxxx Credit Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Missing updated gap credit or undisclosed debt monitoring report dated within 10 days of note date  



   Document Uploaded. Credit report is valid for 120 days. It should expire exp xxxxx - 04/28/2026
 GAP CR provided. Condition resolved. - 04/29/2026

   2026-04-29 14:50 Resolved 3 1 3 1
35     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8845145 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 16:47 Cleared 1 1 3 1
35     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8850346 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-23 20:41 Cleared 1 1 3 1
14     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8165620 1 of 3 xx/xx/xxxx Property Appraisal - Comparable property has Location outside typical guidelines/Acceptable The appraiser used one or more comparable properties that had locations exceeding typical guidelines however, was considered acceptable. An approved exception is present in the file for comparable properties located more than 4 miles from the subject property.
 



       Residual income is greater than $3,000, the LTV is 10%, and the DSCR is greater than 1.
 2026-03-18 22:40 Waived 2 2 2 2
14     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8165626 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-03-17 21:50 Cleared 1 1 2 2
14     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8165639 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-03-17 21:51 Cleared 1 1 2 2
45     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8851433 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 21:40 Cleared 1 1 1 1
45     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8851434 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 21:40 Cleared 1 1 1 1
45     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8865011 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 14:10 Cleared 1 1 1 1
91     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9089846 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 18:05 Cleared 1 1 1 1
91     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9089859 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-07 18:05 Cleared 1 1 1 1
91     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9093133 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 20:23 Cleared 1 1 1 1
99     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9094493 1 of 3 xx/xx/xxxx Credit Title Coverage is Less than Subject Lien(s) Total Title coverage is less than total amount of subject lien(s).

  Title fees are calculated based of the correct loan amount. Final title policy will be issued with the correct coverage equal to xxxxx. It was agreed that coverage on Title commitment should be removed from the scope of the review. - 05/08/2026
 Final title policy will be issued with the correct coverage equal to loan amount per investor, it was agreed that coverage on Title commitment should be removed from the scope of the review. - 05/11/2026

   2026-05-11 19:48 Resolved 3 1 3 1
99     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9105815 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 14:36 Cleared 1 1 3 1
99     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9105816 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 14:36 Cleared 1 1 3 1
15     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8273310 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-03-23 20:06 Cleared 1 1 3 1
15     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8289373 2 of 3 xx/xx/xxxx Credit Final Settlement Statement Missing. The final Settlement Statement document is missing. From sale of borrower primary residence supporting xxxxx as proceeds from sale located at xxxxx.   

   Document Uploaded. Please revie wuploaded escrow letter confirming net proceeds from sale were received by title - 03/31/2026

 Escrow Letter provided. Condition resolved. - 04/02/2026

   2026-04-02 14:54 Resolved 3 1 3 1
15     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8291865 3 of 3 xx/xx/xxxx Property Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.

  Document Uploaded. CU score is 1. - 03/27/2026

 3rd party valuation provided. Condition resolved. - 03/30/2026

   2026-03-30 19:12 Resolved 3 1 3 1
12     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7948732 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-03-05 17:46 Cleared 1 1 1 1
12     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7948737 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-03-05 17:46 Cleared 1 1 1 1
12     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 7948739 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-03-05 17:47 Cleared 1 1 1 1
77     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9049469 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 22:21 Cleared 1 1 1 1
77     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9067366 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-06 17:10 Cleared 1 1 1 1
77     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9073506 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-06 22:22 Cleared 1 1 1 1
86     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9091642 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 19:09 Cleared 1 1 1 1
86     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9091654 2 of 3 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-05-07 19:09 Cleared 1 1 1 1
86     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9096615 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-08 00:07 Cleared 1 1 1 1
17     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8303145 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-03-24 23:01 Cleared 1 1 1 1
17     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8303146 2 of 3 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-03-24 23:02 Cleared 1 1 1 1
17     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8317580 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-03-25 18:28 Cleared 1 1 1 1
16     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8270775 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-03-23 18:45 Cleared 1 1 1 1
16     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8270793 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-03-23 18:46 Cleared 1 1 1 1
16     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8286404 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-03-24 13:32 Cleared 1 1 1 1
137     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9371378 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-26 14:39 Cleared 1 1 1 1
137     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9371381 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-26 14:39 Cleared 1 1 1 1
137     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9374800 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-26 16:17 Cleared 1 1 1 1
142     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9433367 1 of 3 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Unable to locate Verification of Rent for residence at xxxxx  

   Good morning,

The borrower is the first-time home buyer and we don't require VOR for previous rental primary,
if the borrower purchasing a new primary.
No payment shock has been confirmed based on rent amount provided on 1003 and we're good to go. - 06/01/2026

 The borrower is the first-time home buyer VOR not required. Condition resolved. - 06/02/2026

   2026-06-02 12:02 Resolved 3 1 3 1
142     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9434934 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-28 20:55 Cleared 1 1 3 1
142     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9452746 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-29 15:47 Cleared 1 1 3 1
81     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9045848 1 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-05 15:53 Cleared 1 1 4 1
81     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9050277 2 of 5 xx/xx/xxxx Compliance TRID: Missing Initial Closing Disclosure The loan file does not contain the initial Closing Disclosure.

  Document Uploaded.  - 05/06/2026

 Received ICD - 05/07/2026

   2026-05-07 14:18 Resolved 4 1 4 1
81     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9051583 3 of 5 xx/xx/xxxx Credit Title Coverage is Less than Subject Lien(s) Total Title coverage is less than total amount of subject lien(s).

   Title fees are calculated based of the correct loan amount. Final title policy will be issued with the correct coverage equal to xxxxx. It was agreed that coverage on Title commitment should be removed from the scope of the review - 05/07/2026
 xxxxx does not require title coverage to match the loan amount. Final title policy will be issued with the correct coverage equal to LA. Condition resolved. - 05/08/2026
   2026-05-08 15:30 Resolved 3 1 4 1
81     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9052087 4 of 5 xx/xx/xxxx Credit DTI - Missing Debts/DTI Within Tolerance (43%) The DTI did not reflect all of the borrower's debts, however, the recalculated DTI is still within allowable tolerances (3%) or 43% MAX. LENDER HAS A 130.88/MO ADD TO THE 1008, NO DOCUMENTATION IN THE FILE TO SUPPORT



  Document Uploaded. This is a DSCR loan, Loan is still valid @49.018%, The special assessment amount of $130.88 added in error, should only be $30.88. Please see attached.  - 05/07/2026

 Updated 1008 provided. Condition resolved. - 05/08/2026

   2026-05-08 15:28 Resolved 2 1 4 1
81     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9084270 5 of 5 xx/xx/xxxx Compliance Charges That Cannot Increase Test (50001251) The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Discount point fee was added to the Initial CD without a CIC and then increased on the final CD without a CIC



  Document Uploaded. Please see attached, COC for CD dated xxxxx, no changes to section A from xxxxx to xxxxx. - 05/12/2026
 Document Uploaded.  - 05/11/2026
 Document Uploaded.  - 05/07/2026
 Received CIC and CD for fee increase - 05/13/2026
Resolved - 05/13/2026
Received CIC for the addition of discount fee on the xxxxx CD, however the fee also increased on the final CD and a CIC for this increase has not been provided.  - 05/12/2026
Recieved CIC for the addition of discount fee onxxxxx CD, however the CIC for final CD was just a blank page.  Please re-upload - 05/11/2026
   2026-05-13 15:13 Resolved 3 1 4 1
29     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8825276 1 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 19:37 Cleared 1 1 3 2
29     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8828545 2 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-22 21:33 Cleared 1 1 3 2
29     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8839414 3 of 4 xx/xx/xxxx Credit Income - General The loan file reflected additional income issues. Per the final loan application, there is additional income of xxxxx eflected as other income. Please provide documentation to support this income.  



   Document Uploaded. This is rental income for the subject property. When using rental income for a primary 2-4 unit, it must be counted as additional income and not against the PITIa. The appraisal gives the actual rent of $2500 for the tenant occupied unit, which is where this amount comes from. - 04/23/2026

 Docs provided. Condition resolved. - 04/24/2026

   2026-04-24 20:23 Resolved 3 1 3 2
29     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8842222 4 of 4 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. The first mortgage is not reporting on the credit report. Per guidelines, the first mortgage is required to report on the borrower’s credit report (credit supplement is not acceptable as a substitute). The credit supplement is in file. A formal exception is located in the loan file.  



       No credit events past 40 months, 5+ years credit history, No consumer late payments in the last 24 months 2026-04-23 18:23 Waived 2 2 3 2
19     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8530780 1 of 3 xx/xx/xxxx Credit Approval/Underwriting Summary Not Provided The loan did not contain the Approval/Underwriting Summary. Please Upload 1008 Approval/Underwriting Summary



  Document Uploaded. uploaded for review  - 04/09/2026

 Approval/Underwriting Summary is fully present - 04/27/2026

Approval/Underwriting Summary provided. Condition resolved. - 04/13/2026

   2026-04-27 12:48 Resolved 3 1 3 1
19     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8551723 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-08 15:46 Cleared 1 1 3 1
19     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8556634 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-08 19:58 Cleared 1 1 3 1
43     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8875745 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 20:33 Cleared 1 1 1 1
43     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8877664 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 22:38 Cleared 1 1 1 1
43     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8877746 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 22:43 Cleared 1 1 1 1
53     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8903563 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 00:44 Cleared 1 1 1 1
53     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8906786 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-27 22:46 Cleared 1 1 1 1
53     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8907448 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-28 00:44 Cleared 1 1 1 1
18     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8507772 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-06 19:11 Cleared 1 1 1 1
18     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8507776 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-06 19:11 Cleared 1 1 1 1
18     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8509111 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-06 19:38 Cleared 1 1 1 1
109     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9159204 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-12 20:08 Cleared 1 1 3 1
109     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9161043 2 of 3 xx/xx/xxxx Credit Eligibility - Borrower Identity The loan file reflected potential identity issues. missing visa



  Document Uploaded. Good day,
xxxxx citizens are the part of the Visa Waiver program  - 05/13/2026
 Visa Waiver docs provided. Condition resolved. - 05/14/2026

   2026-05-14 15:35 Resolved 3 1 3 1
109     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9162640 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-12 21:29 Cleared 1 1 3 1
124     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9227024 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-15 20:00 Cleared 1 1 1 1
124     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9227033 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 20:00 Cleared 1 1 1 1
124     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9227452 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-15 20:22 Cleared 1 1 1 1
110     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9152252 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-12 15:21 Cleared 1 1 3 1
110     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9152253 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-12 15:21 Cleared 1 1 3 1
110     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9155282 3 of 3 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing

  Good day,
Our xxxxx Title operates only in xxxxx. This disclosure form is not required for other states. - 05/14/2026

 No mortgage affiliates - 05/15/2026

   2026-05-15 15:31 Resolved 3 1 3 1
24     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8742257 1 of 4 xx/xx/xxxx Credit Income and Employment Do Not Meet Guidelines Income and employment do not meet guidelines. Guidelines require third party verification of borrower's Schedule C business, which was not provided.  



   Document Uploaded. We had CPA letter on file stating that borrower is schedule C SE - 04/20/2026

 CPA letter provided. Condition resolved. - 04/21/2026

   2026-04-21 16:14 Resolved 3 1 3 1
24     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8742718 2 of 4 xx/xx/xxxx Credit Liabilities - Payoff Missing The required debt payoffs were missing from the loan file. xxxxx payoff amount of xxxxx . A disbursement in this amount was listed on the final Closing Disclosure; however, the account wasn't listed on borrower's credit report and a statement was not provided to support that it was a payoff amount.  

   Document Uploaded. Please review uploaded PCCD,LOX,xxxxx label and copy of check - 04/27/2026

 Docs provided. Condition resolved. - 04/28/2026

   2026-04-28 16:05 Resolved 3 1 3 1
24     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8743780 3 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-20 11:42 Cleared 1 1 3 1
24     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8766519 4 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-20 13:45 Cleared 1 1 3 1
34     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8844438 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 16:12 Cleared 1 1 3 1
34     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8844444 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 16:12 Cleared 1 1 3 1
34     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8845768 3 of 3 xx/xx/xxxx Compliance Charges That Cannot Increase Test (50001251) The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The Discount Point Fee increased on the final Closing Disclosure dated xxxxx to xxxxx  from xxxxx  on the prior Closing Disclosure dated xxxxx without a valid change of circumstance.  



   Document Uploaded. Please see attached - 04/24/2026

 Received CIC for the increased fee - 04/27/2026

   2026-04-27 14:49 Resolved 3 1 3 1
27     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8800540 1 of 3 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. Validation if the property located at xxxxx is in a HOA was not found in the loan documents.

  Document Uploaded. Please see attached. According to Fraud Guard, it does not list any homeowners association for that property which indicates there is no HOA. - 04/27/2026

 Document Uploaded. Please see attached - 04/22/2026

 Docs provided. There is no HOA. Condition resolved. - 04/28/2026
Condition upheld. MLS provided. Statement does not show if property has a HOA. Is the property located at xxxxx in a HOA? - 04/23/2026
   2026-04-28 15:35 Resolved 3 1 3 1
27     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8800544 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-21 21:03 Cleared 1 1 3 1
27     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8803882 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-21 19:51 Cleared 1 1 3 1
82     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9094904 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 21:52 Cleared 1 1 3 1
82     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9096767 2 of 3 xx/xx/xxxx Credit Credit Documentation - Undisclosed Liabilities An undisclosed liability was found on the updated credit report that was not located on the original credit report. The borrower has disclosed two liabilities on the final 1003 that are not reflected on the credit report: an installment loan with xxxxx in the amount of xxxxx  per month, and a revolving tradeline with xxxxx in the amount of xxxxx per month. Please provide current supporting credit documentation to verify these liabilities.

  Document Uploaded.  - 05/08/2026

 Documentation of these two liabilities have been provided, condition resolved.  - 05/11/2026

   2026-05-11 19:50 Resolved 3 1 3 1
82     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9096768 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 00:35 Cleared 1 1 3 1
28     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8820111 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 15:36 Cleared 1 1 4 1
28     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8824124 2 of 3 xx/xx/xxxx Compliance Missing Service Provider List The loan file does not contain the Service Provider List. The Providers of Service disclosure is missing from the file



  Good day,
Please see attached, p 16 - 04/24/2026

 List located in the loan file.  - 04/27/2026

   2026-04-27 16:46 Resolved 4 1 4 1
28     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8824581 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-22 19:10 Cleared 1 1 4 1
39     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8863048 1 of 3 xx/xx/xxxx Credit Title Document Missing Title document is missing. The evidence of title is missing from the file.
 



   Document Uploaded.  - 04/24/2026

 Title documents  provided. Condition resolved. - 04/27/2026

   2026-04-27 17:40 Resolved 3 1 3 1
39     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8869165 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 15:47 Cleared 1 1 3 1
39     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8871111 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 17:23 Cleared 1 1 3 1
25     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8736652 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-17 15:30 Cleared 1 1 3 1
25     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8742890 2 of 3 xx/xx/xxxx Compliance xxxxx - Minimum Grace Period (Interest & Usury) The late fee grace period is (10.0). The xxxxx Interest and Usury Act prohibits a late charge being imposed before the delinquency has continued for at least 15 days. (xxxxx COML 12-105(c)(3)) In xxxxx, the statutory grace period for a first mortgage late charge is 15 calendar days, however, the Note reflects 10 calendar days.  

   Good day,
This is Secondary mortgage loan and per xxxxx. Code, Comm. Law §12-405(c) the grace period is established at 10 days. - 05/27/2026

 Document Uploaded. Good day,  
Note's section 5 sets that law prevails to our doc requirements.
Thank you,  - 04/22/2026

 Concur.  Loan is a second mortgage.  late fee of 10 days allowed - 05/28/2026
Please provide a corrected note and PCCD disclosing the xx late fee grace period of 15 days. - 04/23/2026
   2026-05-28 14:50 Resolved 3 1 3 1
25     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8745288 3 of 3 xx/xx/xxxx Credit Hazard Insurance Coverage Amount is less than Required Coverage Amount Coverage Amount - Hazard insurance amount is less than required coverage amount.

  Document Uploaded. As I was clarified, policy should cover similar construction  - 04/22/2026

 Good day,
Could you please advise on required coverage? The current insurance is at Replacement Cost. - 04/21/2026

 Hazard insurance docs provided. RC listed. Condition resolved. - 04/23/2026

Condition upheld. Hazard policy in file does not have replacement cost listed. Please provide replacement cost estimator.  - 04/22/2026

   2026-04-23 16:31 Resolved 3 1 3 1
78     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9045778 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-05 15:49 Cleared 1 1 3 1
78     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9073562 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 22:38 Cleared 1 1 3 1
78     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9073570 3 of 3 xx/xx/xxxx Credit Income - General The loan file reflected additional income issues. Income is not sufficient: Personal bank statements in file do not show any deposits sourced from xxxxx, who is the borrower's client noted on the loan application and Business Narrative.  

   Document Uploaded. Based on the CPA letter and the updated business narrative, the borrower is identified as a xxxxx, which explains why there are no deposits from “xxxxx” on the bank statements.

Previously, “ xxxxx ” appeared on page 2 of the 1003 and in the business narrative. After reviewing the bank statements, we confirmed that no income was deposited under that name.
 - 05/22/2026
 Document Uploaded. There is no information regarding xxxxx in either the system narrative or the business narrative. - 05/21/2026
 Document Uploaded. Please see attached - 05/15/2026
 Document Uploaded. Based on the completed business narrative form, the borrower operates as a sole proprietor and works as a xxxxx.
A snippet from the business narrative form reflecting the correct details, along with a CPA letter confirming this information attached. - 05/07/2026
 Docs provided. Condition resolved. - 05/26/2026
Condition upheld. Personal bank statements in file do not show any deposits sourced from business owned by borrower,  xxxxx xxxxx. Bank statements must show deposits for business income.  - 05/21/2026
Condition upheld. Business narrative provided. Provide proof the client is paying the borrower the income noted on application.  - 05/18/2026
Condition upheld. Personal bank statements in file do not show any deposits sourced from xxxxx xxxxx, who is the borrower's client noted on the loan application and Business Narrative. Provide proof of payment from client to the borrower.  - 05/08/2026
   2026-05-26 14:21 Resolved 3 1 3 1
114     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9173242 1 of 3 xx/xx/xxxx Compliance Missing Tangible Net Benefit Disclosure     Good day,
NTB requirements should not be applied to this loan. Our loan is not a high cost loan and it is a refinance cash out. xxxxx requires NTB form only for high cost loans. - 05/14/2026
 Payoff is >60 months and loan is not high cost.  Disclosure is not required - 05/15/2026

   2026-05-15 15:49 Resolved 3 1 3 1
114     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9175106 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-13 14:57 Cleared 1 1 3 1
114     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9175109 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-13 14:58 Cleared 1 1 3 1
22     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8733603 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-17 13:45 Cleared 1 1 1 1
22     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8737958 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-17 15:37 Cleared 1 1 1 1
22     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8747377 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-17 21:07 Cleared 1 1 1 1
49     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8872570 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 18:05 Cleared 1 1 1 1
49     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8875146 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 20:00 Cleared 1 1 1 1
49     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8897932 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-27 17:07 Cleared 1 1 1 1
50     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8872475 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 17:59 Cleared 1 1 1 1
50     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8874705 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 19:36 Cleared 1 1 1 1
50     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8876022 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 20:53 Cleared 1 1 1 1
20     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8709169 1 of 4 xx/xx/xxxx Credit Audited Loan Amount is less than Guideline Minimum Loan Amount Audited loan amount is less than the guideline Minimum loan amount. In accordance with the guidelines, the minimum loan amount is xxxxx . The current loan amount is xxxxx ; therefore, an exception is required. Exception on page 399

      The lender has granted this exception based on the following compensating factors: no credit events in the past 40 months, over five years of established credit history, and no consumer late payments in the last 24 months. Documentation supporting the exception is available on page 399. 2026-04-16 22:11 Waived 2 2 3 2
20     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8709196 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-16 16:03 Cleared 1 1 3 2
20     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8712615 3 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-16 18:33 Cleared 1 1 3 2
20     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8717036 4 of 4 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Please provide supporting documentation confirming that there is no primary housing expenses at the current residence located at xxxxx.

  Document Uploaded. Please see attached ALTA and rent free letter. - 04/28/2026

 Document Uploaded. Please see attached email from UW.  Per UW "It states borrower lives rent free.  I searched the guidelines and don’t see anything that is required for this." - 04/17/2026

 Rent free letter provided. Condition resolved. - 04/29/2026

Condition upheld. Provide rent free letter. - 04/20/2026

   2026-04-29 21:05 Resolved 3 1 3 2
102     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9089582 1 of 3 xx/xx/xxxx Credit Income and Employment Do Not Meet Guidelines Income and employment do not meet guidelines. Joint account being used on a 12-month bank statement loan and one of the account holders is not a Borrower on the loan. Exception approved to allow. A formal exception is on file.  



       Compensating factors include; Borrower has multiple income sources., Borrower has 5 years employment with current job. There are no reported credit events in the last 40 months on 5+ years credit history. Borrower Credit score  is 734 which is >40 points than minimum required.  2026-05-07 21:06 Waived 2 2 2 2
102     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9093050 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 20:18 Cleared 1 1 2 2
102     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9094439 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 21:23 Cleared 1 1 2 2
31     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8817850 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-22 14:25 Cleared 1 1 1 1
31     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8822765 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-22 17:51 Cleared 1 1 1 1
31     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8822769 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 17:51 Cleared 1 1 1 1
57     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8933188 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-28 22:11 Cleared 1 1 1 1
57     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8935166 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-29 00:53 Cleared 1 1 1 1
57     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8935169 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-29 00:53 Cleared 1 1 1 1
46     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8851917 1 of 3 xx/xx/xxxx Property Appraisal - Incomplete The appraisal provided was incomplete. The Auditor was unable to review the entire appraisal report. Missing FNMA Collateral with a CU Score <2.5  



   Document Uploaded. The loan file has two full appraisals, SSR is not required. - 04/24/2026

 2nd full appraisal provided. Condition resolved. - 04/27/2026

   2026-04-27 19:18 Resolved 3 1 3 1
46     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8862918 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 12:53 Cleared 1 1 3 1
46     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Higher Priced APOR (APOR HP) 8865573 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 14:29 Cleared 1 1 3 1
64     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8927209 1 of 5 xx/xx/xxxx Credit Credit Profile - Insufficient Tradelines The documented tradelines do not meet the minimum tradelines required per guidelines. Missing sufficient tradelines to meet guidelines - if only 2 scores for past  >=24 months, active in the last 12 month - Borrower shows one 23 month and a 12 month tradelines



  Document Uploaded. Please see attached, Credit supplement showing 24 months tradeline for xxxxx and xxxxx.  - 04/30/2026
 Credit supplement showing 24 months tradeline for xxxxx and xxxxx. Condition resolved. - 05/01/2026
   2026-05-01 15:04 Resolved 3 1 3 1
64     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8927221 2 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 18:25 Cleared 1 1 3 1
64     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8929627 3 of 5 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing

  Document Uploaded. xxxxx does no require the following. Please see memo: xxxxx Mortgage affiliated settlement service providers per the RESPA definition. - 04/30/2026
 Confirmed xxxxx has no mortgage related affiliates - 05/01/2026
   2026-06-12 17:15 Void 3 1 3 1
64     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8932909 4 of 5 xx/xx/xxxx Credit Income - Guideline Requirements The income documents provided in the loan file did not meet guidelines. SE borrower supplied a letter from their tax preparer. No verification of agent or agency located in file as required per guidelines.



  Document Uploaded. Tax preparer credentials attached.  - 05/04/2026

 Can you please provide further clarification on the following condition.  - 04/30/2026

 Docs provided. Condition resolved. - 05/05/2026

Condition upheld. No verification of agent or agency located in file as required per guidelines.. Provide tax preparer credentials.  - 05/01/2026

   2026-05-05 14:37 Resolved 3 1 3 1
64     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9718494 5 of 5 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

    The loan meets all applicable compliance guidelines. - 06/12/2026

   2026-06-12 15:37 Cleared 1 1 3 1
94     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9112249 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 19:01 Cleared 1 1 4 1
94     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9112250 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 19:01 Cleared 1 1 4 1
94     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9129407 3 of 3 xx/xx/xxxx Credit Other Credit Finding LENDER HAS A 20.72/MO CHARGE, NO DOCUMENTATION TO SUPPORT

  Document Uploaded. Special Assessment doc uploaded. - 05/12/2026

 Please elaborate where this charge is found as there is nothing on credit, cd or 1003. - 05/12/2026

 Special Assessment doc provided. Condition resolved. - 05/13/2026

   2026-05-13 15:51 Resolved 4 1 4 1
23     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8714742 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-16 19:41 Cleared 1 1 1 1
23     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8714750 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-16 19:41 Cleared 1 1 1 1
23     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8732225 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-17 12:37 Cleared 1 1 1 1
21     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8684704 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-15 18:19 Cleared 1 1 2 2
21     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8684734 2 of 3 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Subject is a cono and the HOA is currently in lititgation with builder.  A formal exception was done to allow.  



       DTI >=10% lower than loan program, No credit events past 40 months, Borrower contribution exceeds requirement >=5% 2026-04-16 13:14 Waived 2 2 2 2
21     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8687366 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-15 20:18 Cleared 1 1 2 2
65     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8929117 1 of 4 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. Unable to verify taxes, insurance, and HOA for property at xxxxx.  

   Document Uploaded. As per county records 2026, no monthly tax for property, we can only verify the taxable total $xxxxx. Due to which tax estimator amount was considered for property taxes. Uploaded again. HOI uploaded again and no HOA uploaded again.  - 05/01/2026
 Docs provided. Condition resolved. - 05/04/2026

   2026-05-04 13:05 Resolved 3 1 3 1
65     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8929124 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 19:23 Cleared 1 1 3 1
65     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8943450 3 of 4 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing xxxxx Mortgage has affiliates per the Privacy Notice Disclosure.



  Document Uploaded. Memo uploaded  - 05/01/2026

 Confirmed no mortgage related affiliates - 05/04/2026

   2026-05-04 17:18 Resolved 3 1 3 1
65     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8944653 4 of 4 xx/xx/xxxx Credit Income - General The loan file reflected additional income issues. Lender did not apply the 15% expense ratio to borrower's income.  



   24 xxxxx Personal statements xxxxx are used for income calculation due to which expense ratio was not applied on the file. Expense ratio should be applied in case business bank statement are used for income calculations - 05/01/2026
 24 xxxxx Personal statements xxxxx are used for income calculation due to which expense ratio was not applied on the file. Expense ratio should be applied in case business bank statement are used for income calculations. Condition resolved. - 05/04/2026
   2026-05-04 13:12 Resolved 3 1 3 1
33     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8823309 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 18:21 Cleared 1 1 1 1
33     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8826836 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-22 20:31 Cleared 1 1 1 1
33     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8829407 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-22 22:27 Cleared 1 1 1 1
106     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9136847 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-11 19:17 Cleared 1 1 1 1
106     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9136858 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-11 19:17 Cleared 1 1 1 1
106     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9138892 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 20:39 Cleared 1 1 1 1
44     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8872437 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 17:57 Cleared 1 1 1 1
44     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8872443 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 17:57 Cleared 1 1 1 1
44     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8876407 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 21:24 Cleared 1 1 1 1
79     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9051132 1 of 3 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. A 2-year housing history is required; the VOR is not in the file.



  Good day,
The borrower is the first time home buyer and we don't require VOR for previous rental primary, if the borrower purchasing a new primary.
No payment shock has been confirmed based on rent amount provided on 1003. - 05/07/2026

 Borrower is the first time home buyer. VOR not required. Condition resolved. - 05/08/2026

   2026-05-08 13:47 Resolved 3 1 3 1
79     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9052451 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-05 20:41 Cleared 1 1 3 1
79     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9067881 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-06 17:36 Cleared 1 1 3 1
74     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9051087 1 of 4 xx/xx/xxxx Credit Income and Employment Do Not Meet Guidelines Income and employment do not meet guidelines. Two additional Co-Borrowers xxxxx and xxxxx excluded from subject loan due to being Co-Owners of personal bank statements being used for Borrower income. A formal exception is on file.  

       Revolving debt is under 30%.
No credit events in the past 40+ months.
5+ years credit history.
No consumer late payments in the last 24 months. 		 2026-05-06 22:00 Waived 2 2 3 2
74     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9051614 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-05 19:56 Cleared 1 1 3 2
74     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9062159 3 of 4 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing

  Good day,

An affiliated Business disclosure should not be required as I did not use any companies that were affiliated with xxxxx lender or xxxxx. - 05/19/2026
 Confirmed xxxxx Mortgage does not have mortgage affiliates in xxxxx - 05/20/2026

   2026-05-20 16:33 Resolved 3 1 3 2
74     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9066491 4 of 4 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The borrower has indicated that there are no primary housing expenses at xxxxx. Please provide a letter confirming that the property is rent free .

  Good day,
This is a purchase transaction. There is no need for a rent free LOX as the borrower is purchasing an owner occupied home. Rent Free LOXs are only required on transactions for investments. - 05/07/2026

 Purchase transaction 1st time home buyer. VOM not required. Condition resolved. - 05/08/2026

   2026-05-08 14:08 Resolved 3 1 3 2
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8820563 1 of 7 xx/xx/xxxx Credit HO6 Insurance Policy Effective Date is after the Note Date HO-6 insurance policy effective date is after the Note date.

  Document Uploaded.  - 04/28/2026

 Updated HO6 insurance provided. Condition resolved. - 04/29/2026

   2026-04-29 13:24 Resolved 3 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8820788 2 of 7 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 16:07 Cleared 1 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8821949 3 of 7 xx/xx/xxxx Compliance Insufficient Tolerance Cure A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($627.50) were applied to the total fee variance of ($627.66) between the baseline disclosure and the actual fee amounts. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. The Discount Points Fee increased from xxxxx  on the Loan Estimate dated xxxxx to xxxxx on the Closing Disclosure dated xxxxx with no valid change of circumstance provided. The lock confirmation and Lock In Agreement both reflect the expiration of the rate lock as xxxxx and xxxxx.

  Document Uploaded.  - 05/07/2026

 Received PCCD correcting lender credit <$1 - 05/11/2026

 - 05/11/2026

   2026-05-11 13:22 Resolved 3 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8821952 4 of 7 xx/xx/xxxx Compliance Insufficient Tolerance Cure (50001028) A Lender Credit for Excess Charges of ($0.00), Principal Reduction for Excess Charges of ($0.00), and general or specific lender credit increases of ($627.50) were applied to the total fee variance of ($627.66) between the baseline disclosure and the last Closing Disclosure. Since the lender credits and principal reduction (if applicable) are less than the total fee variance amount, they are not sufficient to cure the variance. The Discount Points Fee increased from xxxxx on the Loan Estimate dated xxxxx to xxxxx on the Closing Disclosure dated xxxxx with no valid change of circumstance provided. The lock confirmation and Lock In Agreement both reflect the expiration of the rate lock as xxxxx and xxxxx.

  Document Uploaded.  - 05/07/2026

 Received PCCD correcting lender credit <$1 - 05/11/2026

 - 05/11/2026

   2026-05-11 13:22 Resolved 3 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8825685 5 of 7 xx/xx/xxxx Credit Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date).

  Document Uploaded.  - 04/23/2026

 GAP CR provided. Condition resolved. - 04/23/2026

   2026-04-29 13:16 Resolved 3 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8826638 6 of 7 xx/xx/xxxx Credit Hazard Insurance - Other Insurance Incomplete The policy verifying other property insurance is not complete. Missing supplemental insurance policy



  Document Uploaded.  - 04/28/2026

 Master policy provided. Condition resolved. - 04/29/2026

   2026-04-29 13:22 Resolved 3 1 3 1
38     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8826743 7 of 7 xx/xx/xxxx Credit Guideline - Federal and/or State High Cost Ineligible per guidelines Loan is a Federal or State High Cost Loan. .



  not a High-Cost / HPML - 04/23/2026

 Confirmed through documentation in the file (undisclounted rate, Loan Detail report)  that 1% loan discount points were bona fide and excluded from high cost testing - 04/24/2026

   2026-04-24 16:16 Resolved 3 1 3 1
36     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8847108 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 18:22 Cleared 1 1 1 1
36     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8847117 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 18:23 Cleared 1 1 1 1
36     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8863596 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 13:24 Cleared 1 1 1 1
67     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8947177 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-29 14:30 Cleared 1 1 2 2
67     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8949210 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-29 15:18 Cleared 1 1 2 2
67     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8950640 3 of 3 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Fluctuating income and one month with no deposits - A formal exception is in file.  



       Compensating factors used were No credit events in the past 40 months, 5+ years credit history, and No consumer late payments in the last 24 months.  2026-04-29 16:08 Waived 2 2 2 2
32     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8845495 1 of 3 xx/xx/xxxx Credit Approval - Lender Income Calculation Missing The loan file did not contain the lender income calculation worksheet as required.

  Document Uploaded.  - 04/24/2026

 Income calculation worksheet provided. Condition resolved. - 04/27/2026

   2026-04-27 17:13 Resolved 3 1 3 1
32     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8845501 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 17:04 Cleared 1 1 3 1
32     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8846930 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-23 18:12 Cleared 1 1 3 1
101     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9125302 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 11:53 Cleared 1 1 1 1
101     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9126932 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-11 13:31 Cleared 1 1 1 1
101     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9126937 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-11 13:31 Cleared 1 1 1 1
42     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8868795 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-24 15:39 Cleared 1 1 1 1
42     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8870264 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 16:38 Cleared 1 1 1 1
42     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8873670 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 18:52 Cleared 1 1 1 1
84     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9068278 1 of 4 xx/xx/xxxx Property Property Issue - Neighborhood Location The subject appraisal verified a neighborhood location not allowed per guidelines. Guidelines require a maximum LTV of 80% for rural purchase transactions, when the subject loan was approved at 85% LTV for rural property - A formal exception is in file.  



       Compensating factors used were 5 years employment, 10 years in the same line of employment, No credit events in the past 40 months, 5 or more years of credit history, No consumer late payments in the last 24 months, and Over 6 months of reserves are documented.  2026-05-11 19:15 Waived 2 2 3 2
84     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9069381 2 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 17:36 Cleared 1 1 3 2
84     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9136735 3 of 4 xx/xx/xxxx Property Property Issue - Land size outside of guidelines The subject's site size was atypical for the area and/or outside of guidelines. Guidelines require property to be a maximum of 10 acres when the subject property is 12 acres per appraisal report - A formal exception is in file.  



       Compensating factors used were 5 years employment, 10 years in the same line of employment, No credit events in the past 40 months, 5 or more years of credit history, No consumer late payments in the last 24 months, and Over 6 months of reserves are documented.  2026-05-11 19:14 Waived 2 2 3 2
84     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9136890 4 of 4 xx/xx/xxxx Credit Liabilities - Excluded Debts There was no explanation or support for the omission of one or more debts from the initial application. Investment property xxxxx. Missing verification that there is no HOA dues for this property.  

   Document Uploaded. Good day,
We use the fraud report to determine if we need to ask for axxxxxassociation dues or if the property was submitted as PUD/Condo. In this case this was submitted as single family which was supported by the fraud report (p. 27-28) - 05/15/2026

 Document Uploaded. Please see attached - 05/12/2026

 Docs provided. There is no HOA. Condition resolved. - 05/18/2026

Condition upheld. Mortgage statement provided. Statement is escrowed for taxes and insurance. Missing verification that there is no HOA dues for this property. - 05/13/2026

   2026-05-18 14:56 Resolved 3 1 3 2
26     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8717027 1 of 4 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Guideline minimum loan amount is xxxxx 0 and current loan amount - exception provided



      Comp Factors:
FICO 801 min 700
0x30x24
Job history > 2yrs 		 2026-04-16 21:02 Waived 2 2 3 2
26     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8717081 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-16 21:06 Cleared 1 1 3 2
26     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8732882 3 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-17 13:15 Cleared 1 1 3 2
26     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8735140 4 of 4 xx/xx/xxxx Credit Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date).

  The GL.xxxxx doesn't have such requirement for soft pullneither for UDM - 04/23/2026
 This is not required per GL xxxxx. Please provide with reference section where UDM is required. - 04/21/2026
 N/A .The original credit report was valid at time of closing. Soft pull is not required. - 04/20/2026
 GAP CR not required. Condition resolved. - 04/24/2026

Condition upheld. The UW used guidelines 04/06/2026. - 04/23/2026

Condition upheld. Provide UDM. - 04/21/2026

   2026-04-24 16:47 Resolved 3 1 3 2
41     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8850279 1 of 3 xx/xx/xxxx Property Missing Doc - Documentation Missing The loan file does not contain all required valuation documents. Addendum #2 of the Purchase Contract indicated the buyer's agent is contributing xxxxx  her commission toward the buyer's closing costs.  The settlement statement reflects a realtor credit of xxxxx. Please provide an updated Addendum to indicate the buyer's agent is contributing xxxxx  toward the buyer's closing costs.

  Closer was not able to proceed without lowering the realtor credit as credits could not exceed prepaids. Per procedure since the credit is now lower, a new addendum was not required. - 04/28/2026

 Closer was not able to proceed without lowering the realtor credit as credits could not exceed prepaids. Per procedure since the credit is now lower, a new addendum was not required. Condition resolved. - 04/29/2026

   2026-04-29 15:06 Resolved 4 1 4 1
41     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8852833 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-24 00:45 Cleared 1 1 4 1
41     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8864843 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-24 14:03 Cleared 1 1 4 1
68     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8933302 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-28 22:20 Cleared 1 1 3 1
68     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8933305 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-28 22:21 Cleared 1 1 3 1
68     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 8950881 3 of 3 xx/xx/xxxx Property Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.

  Document Uploaded.  - 04/29/2026

 3rd party valuation provided. Condition resolved. - 04/30/2026

   2026-04-30 19:25 Resolved 3 1 3 1
48     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8845468 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-23 17:03 Cleared 1 1 1 1
48     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8850440 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 20:48 Cleared 1 1 1 1
48     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8850442 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 20:48 Cleared 1 1 1 1
129     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9222691 1 of 5 xx/xx/xxxx Compliance The Initial 1003 is Missing The Initial 1003 is missing.

  Document Uploaded.  - 05/20/2026

 Document Uploaded. It appears that the initial 1003 was provided on page # 82, please advise. Also uploaded.  - 05/18/2026

 The Initial 1003 is present. - 05/21/2026

Received Initial 1003 - 05/21/2026

Please provide intial application signed by the borrower - 05/20/2026

   2026-05-21 14:47 Resolved 3 1 4 1
129     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9225341 2 of 5 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-05-15 18:48 Cleared 1 1 4 1
129     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9226622 3 of 5 xx/xx/xxxx Compliance Missing Service Provider List The loan file does not contain the Service Provider List.

  Document Uploaded. Uploaded  - 05/18/2026

 Received SPL - 05/20/2026

   2026-05-20 15:41 Resolved 4 1 4 1
129     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9227773 4 of 5 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing Affiliated Business Disclosure reflecting xxxxx Title as an affiliate is missing from the file



  Document Uploaded.  - 05/18/2026

 xxxxx Title in xxxxx.  No affiliates - 05/20/2026
   2026-05-20 15:35 Resolved 3 1 4 1
129     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9346385 5 of 5 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

    The loan meets all applicable credit guidelines. - 05/22/2026

   2026-05-22 13:51 Cleared 1 1 4 1
56     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8900582 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-27 18:25 Cleared 1 1 3 1
56     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8905892 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-27 21:37 Cleared 1 1 3 1
56     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8919372 3 of 3 xx/xx/xxxx Property Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. Missing a valuation review product to support the BPO's valuation.



  Document Uploaded. Uploaded AVM - 05/04/2026
 Please review 2nd lien guidelines from xxxxx P 68 - Appraisal Requirements-
9. APPRAISAL REQUIREMENTS
Acceptable forms of primary valuation for loan amount <=$xxxxx:
• AVM with 90%+ confidence score and a new Property Condition Report with acceptable
findings.
• Residential Broker Price Opinion (BPO)
• Exterior Drive-By appraisal (2055)
• Full Appraisal completed within the last 360 days supported by secondary valuation product - 04/30/2026
 Document Uploaded. BPO provided. Per guidelines uploaded, only one form of valuation required. Please review. - 04/29/2026
 AVM provided. Condition resolved. - 05/05/2026

Condition upheld. UW used guideline 01/23/2026: 9.2.2. SECONDARY VALUATION PRODUCT REQUIRED FOR EVERY LOAN. An eligible secondary valuation product is required for all loan files, unless a second full appraisal is provided. Provide CU, SSR. - 05/01/2026

Condition upheld. Reviewed guidelines used by UW. Can't find in appraisal requirements where one form of valuation is needed. Provide guideline date for review. - 04/30/2026

   2026-05-05 14:53 Resolved 3 1 3 1
120     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9198581 1 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-14 14:09 Cleared 1 1 3 1
120     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9198585 2 of 5 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-14 14:09 Cleared 1 1 3 1
120     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9203001 3 of 5 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing Privacy Notice Disclosure listed Affiliates.  



   Document Uploaded.  - 05/15/2026

 Required Affiliated Business Disclosure Resolved - 05/18/2026

Confirmed no affiliates - 05/18/2026

   2026-05-20 15:59 Resolved 3 1 3 1
120     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9203017 4 of 5 xx/xx/xxxx Compliance Missing Tangible Net Benefit Disclosure     This transaction is not a flip transaction. The Net Tangible benefit is that they were using cash out proceeds to pay off debt AND for spousal buyout.  - 05/18/2026

 Please provide clarification on what you are requesting for this condition? According to my system the following is being requested: Missing Tangible Net Benefit Disclosure: Per underwriting: The file is a cash out, so the NTB would be the cash out proceeds being used for what the borrower may need. In this case it looks like debts were paid in full and a spousal by out took place.
Please advise.  - 05/15/2026

 Received valid explanation for Tangible net benefits  - 05/20/2026

 Under xxxxx law (xxxxx Gen. Stat. § 24-10.2), lenders are prohibited from engaging in the unfair practice of loan "flipping". A loan is considered "flipping" if it is refinaxxxxxed and does not provide a reasonable, tangible net benefit. The lender is strictly required to complete and provide a written Tangible Net Benefit (TNB) analysis and disclosure to the borrower. Please provide xxxxx Tangible Net Benefit disclosure - 05/18/2026

   2026-05-20 15:59 Resolved 3 1 3 1
120     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9203024 5 of 5 xx/xx/xxxx Compliance Collateral Protection Notice is Missing Collateral Protection notice is missing.

  Document Uploaded. Please advise if this is what you are looking for, if not please provide more information.  - 05/15/2026

 Collateral Protection Notice is Present or Not Applicable - 05/18/2026

Received disclosure. - 05/18/2026

   2026-05-20 15:59 Resolved 3 1 3 1
138     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9378949 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-26 18:52 Cleared 1 1 2 2
138     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9397915 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-27 14:47 Cleared 1 1 2 2
138     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9403967 3 of 3 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Borrowers Residency Status/ITIN; Cashout on ITIN; exception provided



      Residual income >$3000, No credit events past 40 months, No mortgage late payments in the last 24 months, Credit score >40 points
than minimum required
 2026-06-12 15:33 Waived 2 2 2 2
83     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9095538 1 of 5 xx/xx/xxxx Credit Title Coverage is Less than Subject Lien(s) Total Title coverage is less than total amount of subject lien(s). Preliminary title coverage xxxxx  vs Loan amount xxxxx  



   Title fees are calculated based of the correct loan amount. Final title policy will be issued with the correct coverage equal to LA. It was agreed that coverage on Title commitment should be removed from the scope of the review. - 05/08/2026

 Final title policy will be issued with the correct coverage equal to loan amount per investor, it was agreed that coverage on Title commitment should be removed from the scope of the review. - 05/11/2026

   2026-05-11 19:49 Resolved 3 1 3 2
83     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9095964 2 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 23:12 Cleared 1 1 3 2
83     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9104196 3 of 5 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-08 13:31 Cleared 1 1 3 2
83     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9108603 4 of 5 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Per guidelines-NON-SUFFICIENT FUNDS (NSF) 1 NSF occurrence is defined as one or more checks returned the same day or when the balance is negative for the day. • If there are one (1) or more occurrences in the most recent three-month period, maximum of 3 NSFs occurrences in the most recent 12-month period are allowed. Loan qualified/approved with NSF exceeding max 3 occurrences within 12 months. A formal exception is in file.



      Compensating factors-Borrower has 5+ years of employment with current job, has 10 yrs + same line of employment. Borrower 5+ yrs credit history, no credit events past 40 mos, no late mortgage payments in last 24 months, and no consumer late payments in last 24 months. 2 borrower loan with LTV more than 10% below maximum. Residual income >=$3000. 2026-05-08 16:21 Waived 2 2 3 2
83     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9108918 5 of 5 xx/xx/xxxx Credit Cashout not Allowed Per guidelines-13.3. xxxxx: The following restrictions will apply: • Cash out transactions are not allowed. Loan qualified/approved as cash out non permanent resident alien. A formal exception is in file.
      Compensating factors-Borrower has 5+ years of employment with current job, has 10 yrs + same line of employment. Borrower 5+ yrs credit history, no credit events past 40 mos, no late mortgage payments in last 24 months, and no consumer late payments in last 24 months. 2 borrower loan with LTV more than 10% below maximum. 2026-05-08 17:03 Waived 2 2 3 2
98     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9111053 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 17:56 Cleared 1 1 1 1
98     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9111055 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 17:57 Cleared 1 1 1 1
98     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9111058 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-08 17:57 Cleared 1 1 1 1
128     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9250312 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-18 14:52 Cleared 1 1 1 1
128     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9257503 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-18 18:40 Cleared 1 1 1 1
128     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9257514 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-18 18:40 Cleared 1 1 1 1
97     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9112327 1 of 4 xx/xx/xxxx Property Subject property appraisal is not on an as-is basis (Primary Value) Primary value subject property appraisal is not on an as-is basis. Per comment: Property is ready for occupancy per appraiser, However, due to the weather conditions there are items which make the property subject to, since the builder cannot just complete it at this time of the season. Contact has a hold back for those items, since not allowing holdbacks, requesting exception to proceed with subject to report.



      Compensating factors are Residual income greater than 3000.00 and Borrower contribution exceeds requirement of 5%.  2026-05-08 21:09 Waived 2 2 3 2
97     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9112969 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 19:43 Cleared 1 1 3 2
97     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9113914 3 of 4 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 20:25 Cleared 1 1 3 2
97     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9114410 4 of 4 xx/xx/xxxx Credit Missing Property Tax Cert Missing property tax cert. property tax documentation missing



  Per our guidelines for new construction, we use 1.5% of purchase price - $xxxxx*1.5%=$xxxxx/12 = $xxxxx - 05/12/2026
 New construction loan. Per guidelines for new construction, use 1.5% of purchase price - $xxxxx*1.5%=$xxxxx/12 = $xxxxx. Condition resolved. - 05/13/2026
   2026-05-13 16:52 Resolved 3 1 3 2
47     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8824618 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-22 19:12 Cleared 1 1 1 1
47     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8827100 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-22 20:43 Cleared 1 1 1 1
47     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 8842593 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-23 15:17 Cleared 1 1 1 1
71     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9032966 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-04 22:03 Cleared 1 1 1 1
71     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9032967 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-04 22:04 Cleared 1 1 1 1
71     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9045486 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-05 15:38 Cleared 1 1 1 1
80     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9063784 1 of 3 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Need payment history or lease agreement for borrowers current primary



  Good day,
The subject loan is purchase transaction with primary occupancy. We don't require payment history/lease agreement for borrower current primary home. - 05/07/2026

 Subject loan is purchase transaction with primary occupancy. Payment history/lease agreement for borrower current primary home not required. Condition resolved. - 05/08/2026

   2026-05-08 13:41 Resolved 3 1 3 1
80     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9064732 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 15:33 Cleared 1 1 3 1
80     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9068636 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-06 18:13 Cleared 1 1 3 1
90     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9091494 1 of 3 xx/xx/xxxx Credit Audited Loan Amount is less than Guideline Minimum Loan Amount Audited loan amount is less than the guideline Minimum loan amount. Approved exception provided allowing loan amount of xxxxx  which is below the guideline minimum of xxxxx 0.



      Compensating factors include low LTV of 25.32% with DTI of 32.145% which is 17% below maximum and no credit events reported. Borrower mid FICO is 766 which is 66pts over minimum requirement. 2026-05-07 23:51 Waived 2 2 3 2
90     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9091523 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 19:01 Cleared 1 1 3 2
90     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9093879 3 of 3 xx/xx/xxxx Compliance Missing Doc - Affiliated Business Disclosure/Missing Required Affiliated Business Disclosure missing

  Affiliated Business Disclosure identifying xxxxx Title as an affiliate is missing from the file - 05/08/2026
 
Good Afternoon,
We only send the Affiliated Business Disclosure to loan in xxxxx, this is only applicable to xxxxx loans.
Thank you, - 05/08/2026
 Privacy notice in the file confirms no mortgage related affiliates - 05/11/2026

   2026-05-11 16:33 Resolved 3 1 3 2
59     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8880760 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-25 17:38 Cleared 1 1 1 1
59     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8880761 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-25 17:38 Cleared 1 1 1 1
59     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8888445 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-27 12:53 Cleared 1 1 1 1
60     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8918977 1 of 3 xx/xx/xxxx Credit Approval - Lender Income Calculation Missing The loan file did not contain the lender income calculation worksheet as required.

  Document Uploaded. Please revview uploaded income WS - 04/29/2026

 Income calculation worksheet provided. Condition resolved. - 04/30/2026

   2026-04-30 15:31 Resolved 3 1 3 1
60     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8918983 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 14:36 Cleared 1 1 3 1
60     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8921618 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-28 15:30 Cleared 1 1 3 1
118     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9180123 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-13 17:39 Cleared 1 1 1 1
118     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9180124 2 of 3 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-05-13 17:39 Cleared 1 1 1 1
118     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9186400 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-13 20:46 Cleared 1 1 1 1
117     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9202191 1 of 3 xx/xx/xxxx Credit Income and Employment Do Not Meet Guidelines Income and employment do not meet guidelines. Non-Occupant Co-Borrower used as primary income earner for purchase of a Primary Residence. A formal exception is on file.  



       The Non-Occupant Co-Borrower has several income sources.
The DTI is below 45%.
The revolving debt is under 30%
The Non-Occupant Co-Borrower has 5 years on current job.
The residual income is greater than $3,000.
The qualifying DTI is greater than 10% lower than loan program.
The Non-Occupant Co-Borrower has 10 years or more in the same line of employment.
There are no credit events in the last 40 months.
There are no late mortgage payments in the last 24 months.
The Non-Occupant Co-Borrower has 5+ years of credit history.
there are two Borrowers on the loan.
2026-05-14 20:47 Waived 2 2 3 2
117     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9202399 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-14 16:25 Cleared 1 1 3 2
117     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9204752 3 of 3 xx/xx/xxxx Compliance Missing Doc - Notice to Cosignor/Missing Notice to Cosignor is missing. Executed xxxxx Notice of Cosigner disclosure for co-borrower xxxxx is missing from the file

  Good day,
The second borrower is a joint applicant for credit who is intended to be primarily liable under the agreement. xxxxx is not a co-signer.
 - 05/15/2026
 verified No co-signor.   - 05/18/2026

   2026-05-18 17:09 Resolved 3 1 3 2
126     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9221906 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-15 16:08 Cleared 1 1 1 1
126     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9221907 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 16:08 Cleared 1 1 1 1
126     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Higher Priced APOR (APOR HP) QM: Higher Priced APOR (APOR HP) 9224329 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-15 18:06 Cleared 1 1 1 1
93     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9090270 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 18:19 Cleared 1 1 1 1
93     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9090275 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 18:19 Cleared 1 1 1 1
93     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9095331 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 22:23 Cleared 1 1 1 1
73     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9042733 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-05 14:12 Cleared 1 1 1 1
73     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9048679 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-05 17:54 Cleared 1 1 1 1
73     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9054102 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-05 22:09 Cleared 1 1 1 1
58     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8917167 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 13:18 Cleared 1 1 1 1
58     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8917176 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-28 13:19 Cleared 1 1 1 1
58     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8919937 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-28 15:37 Cleared 1 1 1 1
89     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9084851 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 14:40 Cleared 1 1 1 1
89     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9087637 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 16:26 Cleared 1 1 1 1
89     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9089627 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 17:55 Cleared 1 1 1 1
66     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8900878 1 of 3 xx/xx/xxxx Credit Assets - LOE Missing The loan file does not contain all required asset documentation. The required letter of explanation was not provided in the loan file. Missing Letter of Explanation for mortgage payments of xxxxx  noted on xxxxx acct xxxxx for xxxxx xxxxx xxxxx. Per bank statements datedxxxxx borrower sold previous residence.  

   Document Uploaded. Please review uploaded LOX . The REO is not on borrower's name ,but on TRUST - 04/29/2026

 Docs provided. Condition resolved. - 04/30/2026

   2026-04-30 19:31 Resolved 3 1 3 1
66     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8900898 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-27 18:38 Cleared 1 1 3 1
66     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 8902441 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-27 19:30 Cleared 1 1 3 1
125     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9224531 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-15 22:06 Cleared 1 1 1 1
125     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9224534 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 22:06 Cleared 1 1 1 1
125     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9226303 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-15 19:25 Cleared 1 1 1 1
72     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9026178 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-04 16:30 Cleared 1 1 1 1
72     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9026183 2 of 3 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-05-04 16:30 Cleared 1 1 1 1
72     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9026194 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-04 16:31 Cleared 1 1 1 1
54     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8897995 1 of 3 xx/xx/xxxx Credit Cash Deposit Loan purpose is purchase, confirm if cash deposit has cleared account. The final CD shows a deposit of xxxxx, while the documents on file verify xxxxx . This results in a xxxxx ortfall in deposit verification.
 

   Document Uploaded.  - 04/28/2026

 Docs provided. Condition resolved. - 04/29/2026

   2026-04-29 14:56 Resolved 3 1 3 1
54     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8898518 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-27 17:29 Cleared 1 1 3 1
54     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8904875 3 of 3 xx/xx/xxxx Compliance Charges That Cannot Increase Test (50001251) The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Discount points disclosed on Initial LE xxxxx in the amount of xxxxx n xxxxx points increased to xxxxx  without a valid change in circumstance in the file.  

   Document Uploaded.  - 04/28/2026

 Received CIC for the added fee - 04/29/2026

 - 04/29/2026

   2026-04-29 16:54 Resolved 3 1 3 1
30     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8804746 1 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-21 20:42 Cleared 1 1 3 1
30     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8804747 2 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-22 15:01 Cleared 1 1 3 1
30     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8820351 3 of 4 xx/xx/xxxx Credit Corporation/LLC: Operating Agreement Doc is Incomplete The Corporation/LLC: Operating Agreement in file is incomplete. Provide Tax professional letter or operating agreement that reflects the borrower's ownership 100 percentage xxxxx (Business Bank statement used for assets)

  Document Uploaded. Articles of incorporation, and business bank statement provided. Borrower is sole owner.  - 04/23/2026

 Articles of incorporation provided. Condition resolved. - 04/24/2026

   2026-04-24 20:21 Resolved 3 1 3 1
30     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8820541 4 of 4 xx/xx/xxxx Credit Borrower 1 CPA Letter Missing Borrower 1 CPA letter missing from the file. Provide CPA letter to include expense ratio as per guides personal statement is used for business operations and reflects the company's revenue and expenses flow such statement will follow business bank statement requirements (expense ratio will be applied)  



     not required - 04/23/2026

   2026-04-23 19:39 Void 3 1 3 1
100     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9111553 1 of 3 xx/xx/xxxx Credit Approval/Underwriting Summary Not Provided The loan did not contain the Approval/Underwriting Summary.

  Document Uploaded. Approval letter was uploaded in the original credit package on page 1026 of 1027. I've also attached and attached the 1008. - 05/11/2026

 Approval/Underwriting Summary provided. Condition resolved. - 05/12/2026

Approval/Underwriting Summary provided. Condition resolved. - 05/12/2026

   2026-05-12 16:57 Resolved 3 1 3 1
100     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9111715 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 18:29 Cleared 1 1 3 1
100     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9115482 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 21:42 Cleared 1 1 3 1
95     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9109162 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-08 16:29 Cleared 1 1 1 1
95     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9109179 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 16:29 Cleared 1 1 1 1
95     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9109182 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 16:29 Cleared 1 1 1 1
62     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8925565 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-28 17:38 Cleared 1 1 3 1
62     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8925662 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 17:38 Cleared 1 1 3 1
62     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8929650 3 of 3 xx/xx/xxxx Credit Condo - HOA Dues The file does not contain documentation supporting the HOA/Condo dues. Provided documentation to support HOA payment of xxxxx  monthly



  Document Uploaded. Collateral UW used the Estoppel certificate attached. Please refer to Page 9 $239.68, and page 26. $310.00  Monthly totaling $549.68 - 05/04/2026

 Condo docs provided. Condition resolved. - 05/05/2026

   2026-05-05 14:33 Resolved 3 1 3 1
146     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9484575 1 of 3 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Bankruptcy Chapter 7 discharged 44 months prior to closing date when guidelines require 48 months bankruptcy seasoning for the Super Prime program - A formal exception is in file.  



   Approved exception limit was maximum 75% CLTV.  - 06/01/2026

 



   Compensating factors used were No Credit events past 40 months, No mortgage late payments in the last 24 months, 5+ years credit history, and LTV 10% below program maximum.  2026-06-01 23:02 Waived 2 2 2 2
146     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9484584 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-06-01 18:13 Cleared 1 1 2 2
146     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9484587 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-06-01 18:13 Cleared 1 1 2 2
139     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9425658 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-28 16:06 Cleared 1 1 3 1
139     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9425664 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-28 16:06 Cleared 1 1 3 1
139     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9426346 3 of 3 xx/xx/xxxx Credit Audited Reserves are less than Guideline Required Reserves (Number of Months) Audited reserves months are less than the guideline required reserve months. Missing asset statements verifying an additional xxxxx. Guidelines require 12 months reserves and the borrower has verified 10.85 months reserves. Note: xxxxx account xxxxx has a balance of xxxxx  on xxxxx, which is less than the amount reflected on the final loan application.  

   Document Uploaded. Please see the xxxxx with ending balance xxxxx, and 3,000 EMD cleared on 3/27. - 05/28/2026
 Asset statement provided. Condition resolved. - 06/01/2026

   2026-06-01 12:48 Resolved 3 1 3 1
75     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9063414 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 14:39 Cleared 1 1 3 1
75     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9068995 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-06 18:36 Cleared 1 1 3 1
75     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9070531 3 of 3 xx/xx/xxxx Credit Hazard Insurance Coverage Amount is less than Required Coverage Amount Coverage Amount - Hazard insurance amount is less than required coverage amount.

  Document Uploaded. The current insurance is at Replacement Cost. - 05/07/2026

 Bank statements for non borrower provided. RC listed on policy in file. Condition resolved. - 05/08/2026

   2026-05-08 13:18 Resolved 3 1 3 1
37     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8848276 1 of 3 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. We are unable to locate sufficient documentation to verify the property located at xxxxx

Additionally, clarification is needed regarding the mortgage that appears on the credit report.

We also could not find supporting documentation for the FN address located outside of the country.

  Document Uploaded. Please review uploaed CPA letter stating that borrower primary residence is xxxxx-no mortgage is reported for the primary.
For REO xxxxx-final CD and Note are uploaded. - 04/24/2026
 Docs provided. Condition resolved. - 04/27/2026

   2026-04-27 17:21 Resolved 3 1 3 1
37     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8848300 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-23 19:11 Cleared 1 1 3 1
37     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 8848731 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-23 19:32 Cleared 1 1 3 1
134     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9331006 1 of 5 xx/xx/xxxx Credit Calculated DSCR does not meet the Minimum DSCR allowed The Calculated DSCR of '0.504' is less than the minimum required DSCR of'0.75'. Missing exception for calculated DSCR <.75 currently at .503



  Document Uploaded. Foreign National - Rate sheet uploaded from day of lock showing DSCR <1 requires min FICO 680 or NO FICO - 05/22/2026

 Borrower is FN with 0 FICO. Per rate sheet 2 adjustments were made to pricing. No exception needed or required per xxxxx FN rate sheet. Condition resolved.  - 05/26/2026
The Calculated DSCR is equal to or greater than the minimum required DSCR, or Not Applicable - 05/26/2026
   2026-05-26 17:23 Resolved 3 1 3 1
134     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9331153 2 of 5 xx/xx/xxxx Credit Eligibility - Borrower Identity The loan file reflected potential identity issues. Missing ITIN Certification for xxxxx  

   This is not an ITIN borrower, borrowers are Foreign National. Please review. - 05/26/2026

 Document Uploaded. P2 of doc uploaded shows Visa  - 05/22/2026

 Passport and Visa provided. Condition resolved. - 05/27/2026
Condition upheld. Passport and Visa provided. Missing ITIN Certification for xxxxx xxxxx. - 05/26/2026
   2026-05-27 15:07 Resolved 3 1 3 1
134     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9331251 3 of 5 xx/xx/xxxx Credit Credit Profile - Other There are additional observations that could impact the credit decision and/or quality of the loan. Missing ITIN Certificate for xxxxx  

   This is not an ITIN borrower, borrowers are Foreign National. Please review. - 05/26/2026

 Document Uploaded. P2 of doc uploaded is Visa - 05/22/2026

 Passport and Visa provided. Condition resolved. - 05/27/2026
Condition upheld. Passport and Visa provided. Missing ITIN Certification for xxxxx xxxxx. - 05/26/2026
   2026-05-27 15:08 Resolved 3 1 3 1
134     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9331280 4 of 5 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-21 18:52 Cleared 1 1 3 1
134     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9331294 5 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-21 18:53 Cleared 1 1 3 1
51     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8894221 1 of 4 xx/xx/xxxx Credit Asset 1 Does Not Meet Guideline Requirements Asset does not meet G/L Requirements. Borrower asset documents for the account ending in xxxxx are dated in the future (xxxxx–xxxxx).
 

   The actual date range is xxxxx, it is foreign national account.
 - 04/29/2026
 Asset Record 1 Meets G/L Requirements - 06/12/2026
Date range is xxxxx, it is foreign national account. Condition resolved. - 04/30/2026
   2026-06-12 16:20 Resolved 3 1 3 1
51     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8900388 2 of 4 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-04-27 18:18 Cleared 1 1 3 1
51     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8907261 3 of 4 xx/xx/xxxx Credit Property Title Issue Property title issue. The subject property address is not listed on the title insurance commitment, as required.
 



   Good day,

As the subject property state is xxxxx, we always receive standard title format without property address. - 05/19/2026
 Document Uploaded. Please see attached - 05/05/2026
 As the subject property state is xxxxx, property address is not required on title. Condition resolved. - 05/20/2026
Condition upheld. Title provided. The subject property address is not listed on the title insurance commitment, as required. Provide supplemental report showing borrower name and subject property address. - 05/06/2026
   2026-05-20 14:31 Resolved 3 1 3 1
51     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 8907280 4 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-28 00:09 Cleared 1 1 3 1
55     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8904986 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-04-27 20:59 Cleared 1 1 1 1
55     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8904994 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-04-27 21:00 Cleared 1 1 1 1
55     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8906666 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-27 22:22 Cleared 1 1 1 1
130     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9219433 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-15 14:47 Cleared 1 1 1 1
130     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9219435 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-15 14:47 Cleared 1 1 1 1
130     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9219451 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 14:47 Cleared 1 1 1 1
111     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9153766 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-12 15:48 Cleared 1 1 1 1
111     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9153769 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-12 15:47 Cleared 1 1 1 1
111     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9153772 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-12 15:48 Cleared 1 1 1 1
122     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9202262 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-14 16:20 Cleared 1 1 1 1
122     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9202264 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-14 16:20 Cleared 1 1 1 1
122     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9202457 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-14 16:29 Cleared 1 1 1 1
61     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8929369 1 of 3 xx/xx/xxxx Property No Property Findings Loan meets applicable appraisal guidelines.

        2026-04-28 19:33 Cleared 1 1 3 1
61     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8930914 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-04-28 20:31 Cleared 1 1 3 1
61     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 8948018 3 of 3 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. Please provide supporting documentation to verify the REO liabilities for the property located at xxxxx. This should include documentation for the full PITI, as well as HOA dues if applicable.

  Correction-all supporting documentation was  uploaded xxxxx - 05/01/2026
 The HOA documentation was provided on appraisal report uploaded xxxxx -it clearly shows $450 per month,final CD and note were also uploaded for PITI. All documentation was provided xxxxx -please review it. - 05/01/2026
 Document Uploaded. Please review uploaded REO docs - 04/29/2026
 Docs provided. CD provided. Condition resolved. - 05/04/2026
Condition upheld. 148 page file provided. Provide supporting documentation to verify the REO liabilities for the property located at xxxxx. This should include documentation for the full PITI, as well as HOA dues if applicable.  - 04/30/2026
   2026-05-04 17:32 Resolved 3 1 3 1
108     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9130909 1 of 4 xx/xx/xxxx Property Condo - Warrantability Condominium project is not warrantable, or documentation not provided to determine warrantability There is a current special assessment to cover critical repairs as needed.  



       Revolving debt is under 30%. Residual income is at least $3000.  DTI at least 10% lower than loan program requirements. No credit events in the past 40 months. 5+ years of credit history. LTV is 10% below maximum guideline requirement. Credit score is at least 40 points greater than the minimum required. 2026-05-12 00:32 Waived 2 2 3 2
108     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9131492 2 of 4 xx/xx/xxxx Credit HO6 Master Insurance Policy is Missing Missing Condo / PUD project master insurance policy. Please provide the master policy for the subject property



  Document Uploaded. Master Policy doesn't require to have a unit #, as it's the policy for the building, not unit.
H06 and Master Policy are 2 different policies.
Master Policy is walls-out, H06 is walls-in. I attached both policies for your reference.  - 05/15/2026

 Document Uploaded. Master policy was provided, Property address is listed under location/Description in tiny writing.
 - 05/14/2026

 Master policy was provided, Property address is listed under location/Description in tiny writing.  - 05/13/2026

  Master policy provided. Condition resolved. - 05/18/2026

Master policy provided. Condition resolved. - 05/18/2026

Condition upheld. Master policy has the wrong borrower and unit # under the location/Description in tiny writing.  - 05/15/2026

Condition upheld. Nothing is attached. Please provide the master policy for the subject property. - 05/14/2026

   2026-05-18 15:52 Resolved 3 1 3 2
108     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9131864 3 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 16:17 Cleared 1 1 3 2
108     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9150317 4 of 4 xx/xx/xxxx Property Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product. The LCA provided reflects a score of 3 which is outside of the guideline requirement of 2.5 or less. Per the waterfall, the following is acceptable: FNMA SSR CU score less than or equal to 2.5.  If FNMA SSR CU score is greater than 2.5 or unavailable, then an AVM with 90%+ confidence score is required.. If AVM is ineligible or unavailable, CDA is required. Please provide a valid third party valuation product.  



   Document Uploaded. AVM has been uploaded.  - 05/13/2026

 3rd party AVM valuation provided. Condition resolved. - 05/14/2026

   2026-05-14 17:12 Resolved 3 1 3 2
145     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9437611 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-29 23:29 Cleared 1 1 3 1
145     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9458677 2 of 3 xx/xx/xxxx Compliance Federal - General Qualified Mortgage Price-Based Limit (First Lien) The loan's (xxxxx%) APR equals or exceeds the General Qualified Mortgage Loan Price-Based threshold of (xxxxx%), which is the comparable average prime offer rate of (xxxxx%) plus 2.25. The System used the following date to perform the APOR index lookup (xxxxx). The system added 2.25 to the comparable APOR because the ($xxxxx) note amount equals or exceeds ($xxxxx). The system used an interest rate of (xxxxx%) in the APR calculation. If the interest rate may change within the first five years after the first regular periodic payment, the system uses the highest interest rate that may apply during that five-year period as the interest rate for the full term of the loan. (12 CFR 1026.43(e)(2)(vi)(A)) .

  The loan is not Qualified Mortgage Loan (NonQM 30YF). - 06/01/2026

 Loan is nonQM - 06/02/2026

   2026-06-02 13:27 Resolved 3 1 3 1
145     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Refinance Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9464983 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-29 23:31 Cleared 1 1 3 1
115     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9151100 1 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-12 14:36 Cleared 1 1 1 1
115     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9151109 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-12 14:36 Cleared 1 1 1 1
115     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9151114 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-12 14:36 Cleared 1 1 1 1
85     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9073581 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 22:51 Cleared 1 1 1 1
85     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9088459 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 17:07 Cleared 1 1 1 1
85     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9091553 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 19:03 Cleared 1 1 1 1
88     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9069725 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-06 19:18 Cleared 1 1 1 1
88     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9069740 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 19:18 Cleared 1 1 1 1
88     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9073565 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-06 22:39 Cleared 1 1 1 1
150     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9527701 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-06-03 14:09 Cleared 1 1 3 1
150     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9541099 2 of 3 xx/xx/xxxx Credit Title Document is Partially Present Title document is incomplete or only partially present.  File is missing either a Quick EQ/Property Report or the RELP, MRELP, Transaction Cert, or E&O Policy.  Please supply both required Title documents. Missing supplement to title correcting the loan amount to xxxxx  



   Final title policy will be issued with the correct coverage equal to xxxxx. It was agreed that coverage on Title commitment should be removed from the scope of the review - 06/04/2026
 xxxxx does not require title coverage to match the loan amount. Final title policy will be issued with the correct coverage equal to xxxxx. Condition resolved - 06/04/2026
   2026-06-04 18:31 Resolved 3 1 3 1
150     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9541148 3 of 3 xx/xx/xxxx Property Missing Doc - 3rd Party Valuation Product/Missing The loan file did not contain the required 3rd party valuation product.

  Document Uploaded. please see the attached 3rd party valuation product - 06/04/2026

 3rd party valuation provided. Condition resolved. - 06/04/2026

   2026-06-04 18:30 Resolved 3 1 3 1
112     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9158621 1 of 4 xx/xx/xxxx Credit Missing Property Tax Cert Missing property tax cert.

  Document Uploaded. Good day,

The tax estimator was used to determine the qualifying tax amount for the loan - 05/14/2026

 Tax cert provided. Condition resolved. - 05/15/2026

   2026-05-15 15:31 Resolved 3 1 3 2
112     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9159121 2 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-12 19:00 Cleared 1 1 3 2
112     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9161805 3 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-12 20:49 Cleared 1 1 3 2
112     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9163234 4 of 4 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Borrower has more than 7 NSFS when guidelines allow up to three NSF occurrences in the most recent 12 month period - A formal exception is in file.  



       Compensating factors used include low revolving debt, high residual income, low DTI, no recent credit events, solid credit history, no late payments, LTV, and a credit score well above the minimum.  2026-05-13 00:25 Waived 2 2 3 2
123     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9219726 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 15:05 Cleared 1 1 1 1
123     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9223185 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-15 17:10 Cleared 1 1 1 1
123     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9225295 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-15 18:45 Cleared 1 1 1 1
119     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9201246 1 of 5 xx/xx/xxxx Credit Liabilities - REO The loan file did not contain sufficient documentation to verify debts associated with all other properties. Prove Lease and Escrows for xxxxx supporting xxxxx

  Document Uploaded.  - 05/15/2026

 1007 provided. Condition resolved. - 05/18/2026

   2026-05-18 14:34 Resolved 3 1 3 2
119     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9202590 2 of 5 xx/xx/xxxx Property Appraisal - Miscellaneous The subject appraisal reflected issues. Loan was submitted as a 24 months income program loan, when the exception in file for property listed within the previous 6 months shows loan program as DSCR. Please provide clarification and correct.   



   Document Uploaded.  - 05/15/2026

 Exception approval provided. - 05/18/2026

 Revolving debt is under 30%, No credit events past 40 months, No mortgage late payments in the last 24 months, No consumer late
payments in the last 24 months.		 2026-05-18 14:49 Waived 3 2 3 2
119     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9205965 3 of 5 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-14 19:13 Cleared 1 1 3 2
119     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9209419 4 of 5 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing minimum 12 months history for primary residence. Per loan application, borrower has owned primary residence for over one year. Lender refinanced xxxxx with two months reported on credit bureau. Need minimum 12 months history per guideline requirements.  

   Document Uploaded. We dont need a VOM, all the mortgage history is on the Credit Report. - 05/18/2026

 Document Uploaded.  - 05/15/2026

 Note provided. Credit report in file, Condition resolved. - 05/19/2026
Condition upheld.  Allonge to note and note provided. Primary at xxxxx, was refinanced 1-26. Provide VOM for the time before refinancing at xxxxx. - 05/18/2026
   2026-05-19 16:48 Resolved 3 1 3 2
119     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9210159 5 of 5 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Guidelines require loans eligible as refinance cash out transactions that the property was not listed for sale in the past 6-months prior to the application date. Per appraisal report, the subject property was listed xxxxx and expired xxxxx - A formal exception is in file.  

       Compensating factors used were Revolving debt is under 30%, No credit events in the past 40 months, No mortgage late payments in the last 24 months, and No consumer late payments in the last 24 months.  2026-05-14 22:44 Waived 2 2 3 2
107     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9136412 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-11 19:03 Cleared 1 1 1 1
107     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9136467 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-11 19:03 Cleared 1 1 1 1
107     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9141446 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 22:22 Cleared 1 1 1 1
105     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9133382 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-11 17:27 Cleared 1 1 1 1
105     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9133384 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-11 17:27 Cleared 1 1 1 1
105     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9137470 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 19:46 Cleared 1 1 1 1
132     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9248436 1 of 3 xx/xx/xxxx Compliance The Final 1003 is Not Executed The final 1003 is not executed. Borrower signed the final 1003 but is missing the date. Auditor used the final CD date.



  Document Uploaded. Borrower signed 1003 attached.  - 05/19/2026

 The final 1003 is executed - 05/20/2026

Received signed final 1003 - 05/20/2026

   2026-06-03 15:33 Resolved 3 1 3 1
132     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9250323 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-18 14:52 Cleared 1 1 3 1
132     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9346056 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

    The loan meets all applicable credit guidelines. - 05/22/2026

   2026-05-22 13:41 Cleared 1 1 3 1
136     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9376037 1 of 3 xx/xx/xxxx Credit Cash Deposit Loan purpose is purchase, confirm if cash deposit has cleared account. Missing clearance of EMD.



  Document Uploaded. xxxxx EMD backed out of acc xxxxx. - 05/27/2026
 EMD funds backed out of asset on file. Condition resolved - 05/28/2026

   2026-05-28 16:40 Resolved 1 1 1 1
136     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9376339 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-26 17:19 Cleared 1 1 1 1
136     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9381377 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-26 20:13 Cleared 1 1 1 1
76     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9055288 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-06 01:45 Cleared 1 1 1 1
76     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9055290 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-06 01:45 Cleared 1 1 1 1
76     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9064039 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-06 15:02 Cleared 1 1 1 1
103     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9092284 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 19:43 Cleared 1 1 1 1
103     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9092654 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 20:01 Cleared 1 1 1 1
103     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9102826 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-08 12:00 Cleared 1 1 1 1
104     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9128155 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-11 14:24 Cleared 1 1 1 1
104     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9132680 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-11 16:49 Cleared 1 1 1 1
104     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9134815 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-11 18:29 Cleared 1 1 1 1
92     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9089667 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-07 21:57 Cleared 1 1 1 1
92     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9089672 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-07 19:25 Cleared 1 1 1 1
92     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors QM: Safe Harbor APOR (APOR SH) 9095580 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-07 22:51 Cleared 1 1 1 1
127     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9218624 1 of 3 xx/xx/xxxx Credit Cash reserves less than required by guidelines Total Cash reserves of '$-xxxxx' are less than xxxxx ets are short to cover reserves by xxxxx . Final 1003 shows business assets for xxxxx used as xxxxx for xxxxx Account ending #xxxxx, most recent balance for account reflects xxxxx.

  xxxx statement provided. Condition resolved. - 05/18/2026
 xxxxx statement provided. Condition resolved. - 05/19/2026

xxxxx statement provided. Condition resolved. - 05/18/2026

   2026-05-19 15:12 Resolved 3 1 3 1
127     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9223283 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-15 17:11 Cleared 1 1 3 1
127     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9225893 3 of 3 xx/xx/xxxx Compliance Federal - Closing Disclosure and Consummation Date The Initial Closing Disclosure Received Date of (xxxxx) is not three business days before the consummation date of (xxxxx). Three business days before the consummation date is (xxxxx). Under Regulation Z, a consumer must receive the Initial Closing Disclosure reflecting the actual terms of the transaction no later than three business days before consummation. (12 CFR 1026.19(f)(1)(ii)(A)); 1026.19(f)(1)(iii)) The Initial Closing Disclosure Received Date of xxxxx is not three business days before the consummation date of xxxxx.

  Received ICD - 05/20/2026

 Docs attached - 05/19/2026

 Resolved - 05/20/2026

Received ICD - 05/20/2026

Docs attached - 05/19/2026

   2026-05-20 16:31 Resolved 3 1 3 1
96     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9106774 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-08 15:19 Cleared 1 1 1 1
96     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9106819 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-08 15:20 Cleared 1 1 1 1
96     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9108312 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-08 15:46 Cleared 1 1 1 1
133     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9303046 1 of 5 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-20 15:39 Cleared 1 1 3 2
133     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9303057 2 of 5 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-20 15:39 Cleared 1 1 3 2
133     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9307745 3 of 5 xx/xx/xxxx Credit Audited CLTV Exceeds Guideline CLTV Audited CLTV exceeds guideline CLTV. DSCR - Cash-Out will be limited to 55% CLVT for Foreign National Transaction



  Document Uploaded. Please see attached - 05/22/2026

 Exception approval provided. - 05/22/2026

 No consumer late payments in the last 24 months and reserves >6 months. Borrower is a experienced investor and has one tradeline, xxxxx open
from 2023.
 2026-05-22 19:58 Waived 3 2 3 2
133     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9307746 4 of 5 xx/xx/xxxx Credit Audited HCLTV Exceeds Guideline HCLTV Audited HLTV exceeds guideline HCLTV. DSCR - Cash-Out will be limited to 55% CLVT for Foreign National Transaction
 



         2026-05-22 20:04 Void 3 1 3 2
133     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9307747 5 of 5 xx/xx/xxxx Credit Audited LTV Exceeds Guideline LTV Audited LTV exceeds guideline LTV. DSCR - Cash-Out will be limited to 55% CLVT for Foreign National Transaction



        2026-05-22 20:04 Void 3 1 3 2
140     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9410392 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-27 23:16 Cleared 1 1 1 1
140     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9421130 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-28 14:02 Cleared 1 1 1 1
140     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9426417 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-28 16:36 Cleared 1 1 1 1
116     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9179169 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-13 17:09 Cleared 1 1 1 1
116     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9183766 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-13 19:41 Cleared 1 1 1 1
116     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9185930 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-13 20:35 Cleared 1 1 1 1
149     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9528594 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-06-03 14:42 Cleared 1 1 1 1
149     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9528624 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-06-03 14:43 Cleared 1 1 1 1
149     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt 9528630 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-06-03 14:43 Cleared 1 1 1 1
131     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9208552 1 of 3 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Missing the borrower bank/credit reference letter as required due to the borrower being a Foreign National.  



   Good day,

As per our guidelines, a bank reference letter is only required is using assets or income to qualify.  This is a cash out DSCR loan; they are not using any assets or income, so the letter is not required. - 05/18/2026

 As per our guidelines, a bank reference letter is only required is using assets or income to qualify.  This is a cash out DSCR loan; they are not using any assets or income, so the letter is not required. Condition resolved. - 05/19/2026

   2026-05-19 12:58 Resolved 3 1 3 1
131     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9209259 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-14 21:20 Cleared 1 1 3 1
131     xx/xx/xxxx xxxxx xxxxx xx Investment Refinance ATR/QM: Exempt ATR/QM: Exempt 9209260 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-14 21:21 Cleared 1 1 3 1
135     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9347939 1 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-22 14:55 Cleared 1 1 1 1
135     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9347944 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-22 14:55 Cleared 1 1 1 1
135     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9347947 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-22 14:55 Cleared 1 1 1 1
121     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9202239 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-14 16:18 Cleared 1 1 3 1
121     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9202240 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-14 16:18 Cleared 1 1 3 1
121     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9204715 3 of 3 xx/xx/xxxx Compliance Federal - Loan Estimate Received At Least Four Business Days Before Consummation A revised Loan Estimate was provided on (xxxxx) via (USPSFirstClassMail). Under Regulation Z, a consumer must receive a revised Loan Estimate not later than four business days prior to consummation date of  (xxxxx). Since the revised Loan Estimate was not provided in person, a consumer is considered to have received it on (xxxxx), which is three business days after it was delivered or placed in the mail. As a result, the revised Loan Estimate is not deemed to have been received at least four business days before consummation, which is (xxxxx). (12 CFR 1026.19(e)(4)(ii)) .

  Document Uploaded. Please see attached - 05/19/2026

 Received signed LE - 05/20/2026

   2026-05-20 16:20 Resolved 3 1 3 1
141     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9421857 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-28 18:45 Cleared 1 1 1 1
141     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9426199 2 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-28 16:27 Cleared 1 1 1 1
141     xx/xx/xxxx xxxxx xxxxx xx Second Home Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9430192 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-28 18:49 Cleared 1 1 1 1
113     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9159254 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-13 16:04 Cleared 1 1 1 1
113     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9169483 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-05-13 10:55 Cleared 1 1 1 1
113     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9177389 3 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-05-13 16:04 Cleared 1 1 1 1
147     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9480548 1 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-06-01 15:39 Cleared 1 1 1 1
147     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9480571 2 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-06-01 15:40 Cleared 1 1 1 1
147     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9480575 3 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-06-01 15:40 Cleared 1 1 1 1
143     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9435372 1 of 3 xx/xx/xxxx Credit Missing VOM or VOR Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing Verification of Rent for xxxxx to reflect a full 12 month housing history  

   Document Uploaded.  - 06/01/2026

 VOR/VOM provided. Condition resolved. - 06/02/2026

   2026-06-02 14:02 Resolved 3 1 3 1
143     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9436548 2 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-28 21:53 Cleared 1 1 3 1
143     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase QM: Safe Harbor APOR (APOR SH) QM: Safe Harbor APOR (APOR SH) 9451295 3 of 3 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-29 15:06 Cleared 1 1 3 1
148     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9485936 1 of 3 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-06-01 19:03 Cleared 1 1 1 1
148     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9502458 2 of 3 xx/xx/xxxx Credit No Credit Findings The loan meets all applicable credit guidelines.

        2026-06-02 14:03 Cleared 1 1 1 1
148     xx/xx/xxxx xxxxx xxxxx xx Investment Purchase ATR/QM: Exempt ATR/QM: Exempt 9504381 3 of 3 xx/xx/xxxx Compliance No Compliance Tests Performed DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

        2026-06-02 15:06 Cleared 1 1 1 1
144     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9448223 1 of 4 xx/xx/xxxx Credit Program Parameters - Guidelines Conformity The subject loan does not conform to program guidelines. Borrower's income is being documented with 24 months personal bank statements.  The borrower's mother is on the statements but not the loan.  Guidelines require all individuals on the bank statements to be on the loan.  A formal exception was done to allow.   



       Revolving debt is under 30%, DTI >=10% lower than loan program, No credit events past 40 months, 5+ years credit history
 2026-05-29 21:21 Waived 2 2 3 2
144     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9448330 2 of 4 xx/xx/xxxx Credit Assets - Earnest Money Deposit The earnest money deposit was not properly documented and/or sourced. Lender to provide proof EMD in the amount of xxxxx came from the borrower's own funds.  



   Document Uploaded.  - 06/01/2026

 Doc provided. Condition resolved - 06/02/2026

   2026-06-02 14:05 Resolved 3 1 3 2
144     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9448469 3 of 4 xx/xx/xxxx Property Value - Value is supported within -10% of original appraisal amount The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied.

        2026-05-29 12:54 Cleared 1 1 3 2
144     xx/xx/xxxx xxxxx xxxxx xx Primary Residence Purchase Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors 9455291 4 of 4 xx/xx/xxxx Compliance No Compliance Findings The loan meets all applicable compliance guidelines.

        2026-05-29 17:03 Cleared 1 1 3 2