Velocity Commercial Capital Loan Trust 2026-3 ABS 15G
Exhibit 99.13
| Seller | Loan ID | Seller Loan ID | Investor Loan ID | Queue | Created Date | Last Modified Date | Finding Status | Event Level | Finding Category | Finding Sub Category | Finding Name | Reviewer Comments | Seller Comments | Finding Resolution | Finding Document | Reviewer Comp Factors | Originator Comp Factors | State | Occupancy | Loan Purpose | Refinance Purpose | Unique Finding ID | Acknowledged / Waived By | Waiver in File? |
| XXXXXX | XXXXXX | 956791 | Closed | 2026-04-28 00:24 | 2026-06-23 15:42 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. change memo addresses this - Seller-06/18/2026 Open-Audited LTV of 50.8% exceeds Guideline LTV of 50% - Due Diligence Vendor-06/10/2026 Open-Audited LTV of 50.8% exceeds Guideline LTV of 50% - Due Diligence Vendor-06/10/2026 Open-Audited LTV of 50.8% exceeds Guideline LTV of 50% Specialty Property Purchase based upon Projections max. LTV is 50%. Note CAM LTV calc is based on appraised value while audit LTV calc is based on purchase price. - Due Diligence Vendor-04/28/2026 |
Strong personal net worth Longevity of the subject business - 06/22/2026 Ready for Review-Document Uploaded. change memo addresses this - Seller-06/18/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
2. Credit Approval Memorandum Final.pdf | Low LTV based on the appraised value Strong personal net worth Longevity of the subject business |
XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 956791 | Closed | 2026-04-28 01:24 | 2026-06-22 14:34 | Waived | 2 - Non-Material | Property | Appraisal | Appraisal is Expired | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. compensating factors added - Buyer-06/18/2026 Counter-No compensating factors were provided for the exception, finding stands. - Due Diligence Vendor-06/10/2026 Ready for Review-Document Uploaded. CAM with Change memo addressing this attached. - Seller-06/09/2026 Open-Credit policy requires appraisal to be within 180 days of closing. Based on Effective date XX/XX/XXXX, appraisal is approx. 270 days from closing. Note: if report date of XX/XX/XXXX is used, the appraisal timeframe would be in compliance. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. CAM with Change memo addressing this attached. - Seller-06/09/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
2. Credit Approval Memorandum Update.pdf 2. Credit Approval Memorandum Final.pdf |
Strong personal net worth Personal cash flow Low LTV based on the appraised value |
XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 956791 | Closed | 2026-04-28 01:10 | 2026-06-22 14:33 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. compensating factors added - Seller-06/18/2026 Counter-Low LTV is not a valid compensating factor as the LTV using the purchase price was over the guideline maximum, finding stands. - Due Diligence Vendor-06/10/2026 Ready for Review-Document Uploaded. Change memo addresses this and attached. - Buyer-06/09/2026 Open-Commercial Debt Service Coverage Ratio of 0.99x is below guideline minimum of 1.10x. Per CAM the projected DSCR is 1.11x compared to policy requirement of 1.10x. Audit value is lower at 0.99x and less than min DSCR of 1.10x due to the following differences: Audit value P&I for subject loan is $XX,XXX (from Note) while P&I per CAM is lower at $XX,XXX.XX. Audit value i/o payment for 2nd DOT is subject loan is ($X,XXX,XXX * .0975)/12= $X,XXX.XX) while P&I per CAM is lower at $X,XXX.XX. Lastly occupancy expense is counted in the numerator for LMac calculation of global DSCR and is in the denominator in the Cash Flow Calculator. - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. compensating factors added - Seller-06/18/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
2. Credit Approval Memorandum Update.pdf 2. Credit Approval Memorandum Final.pdf |
Low LTV using the appraised value of 34.6% Strong personal net worth Strong secondary personal income Longevity of the subject business |
XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 116795 | Closed | 2026-04-24 19:20 | 2026-06-23 15:38 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Change Memo in CAM addresses this, attached. - Buyer-05/19/2026 Open-Commercial Debt Service Coverage Ratio of 1.13x is below guideline minimum of 1.15x. Note that audit DSCR is 1.13x based on P&I from Note of $XX,XXX.XX compared to CAM P&I of $XX,XXX.XX, resulting in the decrease from 1.17x DSCR in CAM. - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 |
2. Credit Approval Memorandum.pdf | Low LTV of 64.30% 100% occupancy Strong personal net worth of all the guarantors |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 937216 | Closed | 2026-05-18 18:06 | 2026-06-18 09:38 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. CAM with mitigating factors attached. - Seller-06/17/2026 Counter-Page 3 of the guidelines require to use the lower of purchase price or appraised value on purchase transactions. If you are going to make an exception to the written guidelines, please provide valid compensating factors for the exception. - Due Diligence Vendor-06/17/2026 Ready for Review-Document Uploaded. Change memo addressing this attached. - Seller-06/16/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 75% Per policy LTV is based on lower of cost or market. Cost is $XXX,XXX and significantly lower than market of $XXX,XXX. - Due Diligence Vendor-05/18/2026 |
Ready for Review-Document Uploaded. CAM with mitigating factors attached. - Seller-06/17/2026 Ready for Review-Document Uploaded. Change memo addressing this attached. - Seller-06/16/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 |
2. CAM (audit update).pdf 2. CAM (audit update).pdf |
Global repayment ability Longevity of the OC's operating history since XXXX Principal's strong credit history |
XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 794277 | Closed | 2026-05-11 14:06 | 2026-06-22 16:14 | Acknowledged | 3 - Material | Property | Property Issue | Property Condition Does Not Meet Requirements | Open-Property Condition Does Not Meet Requirements. Property is in "fair" condition per appraisal. Appraisal notes damage from building fire, roof damage and vandalism. Estimated Roof Repair $XX,XXX, Door Repair $XX,XXX, misc. $X,XXX, office replacement $XX,XXX, cleanup $XXX,XXX. Total cost of repairs $XXX,XXX - Due Diligence Vendor-05/11/2026 Acknowledged-No escrow for the repairs was collected at closing. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-Appraisal made as-is, current property condition reflected in appraised value/purchase price and LTV. - Buyer-06/18/2026 |
Acknowledged-No escrow for the repairs was collected at closing. - Due Diligence Vendor-06/22/2026 |
XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 794277 | Closed | 2026-05-11 14:06 | 2026-06-22 16:14 | Acknowledged | 3 - Material | Property | Property Issue | Property Damage Present | Open-Property Damage Present. From Appraisal: Estimated roof repair $XX,XXX, door Repair $XX,XXX, misc. $X,XXX, office replacement $XX,XXX, the interior and exterior of the building require general clean up, demolition and removal of old equipment, removal of graffiti and painting the interior and exterior of the space. We have estimated that this would be $XXX,XXX. Total cost of repairs ~$XXX,XXX - Due Diligence Vendor-05/11/2026 Acknowledged-No escrow for the repairs was collected at closing. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-Appraisal made as-is, current property condition reflected in appraised value/purchase price and LTV. The purchase price was reduced by the cost to cure and the borrower is expected to make necessary repairs to the property so XXX XXX felt comfortable proceeding. - Buyer-06/18/2026 Counter-This is a requirement for securitization from the investors, you cannot make exceptions for the damage. - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. change memmo #2, pt 4 addresses this issue. - Buyer-06/17/2026 |
Acknowledged-No escrow for the repairs was collected at closing. - Due Diligence Vendor-06/22/2026 |
2. Credit Approval Memorandum with Change Memo.pdf | XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 509320 | Closed | 2026-05-08 01:48 | 2026-06-24 16:37 | Acknowledged | 3 - Material | Property | Property Issue | Property Damage Present | Acknowledged-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/24/2026 Acknowledged- - Due Diligence Vendor-06/23/2026 Unable to Resolve-Unable to Resolve-Deferred maintenance was observed prior to funding on the subject property. Deferred maintenance items noted stained ceiling tiles in several offices and water stains on an interior wall in the central hallway which appears to be from roof leaks. Deferred maintenance was estimated at $XX,XXX. The appraiser included this deduction in value in the "As-Is' value of the subject property on the appraisal received. As the 1st T/D LTV is 56.07%, business cashflow is sufficient to cover loan payments and repairs needed to remediate the subject property, the principal exhibits a strong personal FICO score of 722 (Mid-score), and the operating company shows a long term business operational history, the deferred maintenance is mitigated and is considered minimal to credit risk. The borrower noted the timeline of fixing items of deferred maintenance was 90 days post close or sooner. The borrowers are to provide evidence of completion of remediation of the deferred maintenance of the subject property as of XX/XXXX or sooner. - Buyer-06/23/2026 Counter- - Due Diligence Vendor-06/22/2026 Open-Property Damage Present. Roof leaks noted on the appraisal, estimated cost to repair $XX,XXX. - Due Diligence Vendor-05/08/2026 |
Deferred maintenance was observed prior to funding on the subject property. Deferred maintenance items noted stained ceiling tiles in several offices and water stains on an interior wall in the central hallway which appears to be from roof leaks. Deferred maintenance was estimated at $XX,XXX. The appraiser included this deduction in value in the "As-Is' value of the subject property on the appraisal received. As the 1st T/D LTV is 56.07%, business cashflow is sufficient to cover loan payments and repairs needed to remediate the subject property, the principal exhibits a strong personal FICO score of 722 (Mid-score), and the operating company shows a long term business operational history, the deferred maintenance is mitigated and is considered minimal to credit risk. The borrower noted the timeline of fixing items of deferred maintenance was 90 days post close or sooner. The borrowers are to provide evidence of completion of remediation of the deferred maintenance of the subject property as of XX/XXXX or sooner. - 06/22/2026 |
Acknowledged-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/24/2026 Acknowledged- - Due Diligence Vendor-06/23/2026 |
2. CAM.pdf | XX | Other | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 812066 | Closed | 2026-06-24 16:42 | 2026-06-24 16:43 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Open-Per Lender guidelines, a property located in MSA with a population of less than 50,000 is not allowed. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-06/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 |
LTV 44% Established Tenant 12 years DSCR 1.56 12 years industry experience |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 295275 | Closed | 2026-06-10 15:20 | 2026-06-18 08:15 | Waived | 2 - Non-Material | Credit | Borrower | Open Judgment/Lien noted (Borrower 2) | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. change memo addressing this attached. - Buyer-06/17/2026 Open-Open judgments/liens noted for the Guarantor 2. No additional details of this filing were provided to confirm the Guarantor was eligible. Please provide evidence of dismissal of this filing. Additional findings may apply. Open judgments/liens (2 filings) noted for Borrower 2 on XXXXXXXXXX report. The following are reported: 1) Civil Judgment in the amount of $XXX. Filing date of XX/XXXX; 2.) Small Claims Judgment. Filing date of XX/XXXX in the amount of $XXXX. No additional details of this filing were provided to confirm the Guarantor was liable. Please provide evidence of either dismissal of this filing or evidence that it does not belong to this borrower. Additional conditions may apply upon receipt of the required documentation. - Due Diligence Vendor-06/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 |
2. Credit Approval Memorandum (audit update).pdf | Sufficient business DSCR Strong guarantor support and liquidity Principal's 35+ years of industry experience OC's operating history since XXXX |
XX | Other | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 295275 | Closed | 2026-06-10 15:17 | 2026-06-18 08:14 | Waived | 2 - Non-Material | Credit | Borrower | Open Judgment/Lien noted (Borrower 1) | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 Ready for Review-Document Uploaded. change memo addressing this attached. - Buyer-06/17/2026 Open-Open judgments/liens noted for the Guarantor 1. No additional details of this filing were provided to confirm the Guarantor was eligible. Please provide evidence of dismissal of this filing. Additional findings may apply. Open judgments/liens (4 filings) noted for the Borrower 1 on XXXXXXXXXXX report. The following are reported: 1) Civil New Filing. Filing date of XX/XXXX with Creditor, 2.) Small Claims Judgment. Filing date of XX/XXXX in the amount of $XXXX; 3.) Forcible Entry/detainer. Filing date of XX/XXXX; and Civil New Filing. Filing date of XX/XXXX from a Landlord/Tenant Dispute. No additional details of this filing were provided to confirm the Guarantor was liable. Please provide either evidence of dismissal of this filing or evidence they do not belong to this borrower. Additional conditions may apply upon receipt of the required documentation. - Due Diligence Vendor-06/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/18/2026 |
2. Credit Approval Memorandum (audit update).pdf | Sufficient business DSCR Strong guarantor support and liquidity Principal's 35+ years of industry experience OC's operating history since XXXX |
XX | Other | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 829503 | Closed | 2026-06-02 07:26 | 2026-06-23 14:53 | Waived | 2 - Non-Material | Credit | Assets | Audited Reserves are less than Guideline Required Reserves (Dollar Amount) | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/23/2026 Counter-The guidelines call for bank and brokerage statements to satisfy this requirement. - Due Diligence Vendor-06/23/2026 Ready for Review-Please refer to the PFS in the loan app. - Buyer-06/23/2026 Counter-There are no asset statements in the loan file aside from the XXXX XXXXXXXX XXXXX, please provide asset statements for the required reserves. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. change memo pt. 3 addresses this - Buyer-06/18/2026 Counter-Page 34 of the guidelines, Credit Criteria, section d). "The borrower and/or sponsor should demonstrate a minimum of 3 months of loan payments in post-closing liquidity." This loan was marked as an Investor Loan. - Due Diligence Vendor-06/10/2026 Ready for Review-Unsure where the audited assets remarks are coming from. XXX XXX uses the credit application and PFS, which states liquidity. Can you please advise? In the policy, it doesn’t require any reserves. Only for renovation loans. - Buyer-06/09/2026 Open-Audited Assets of $0 are less than Guideline Required Assets of $X. Lender guidelines require 3 months subject property reserves. Despite this requirement no personal assets were verified. XXXX XXXXXXXX XXXXX are ineligible for reserves - Due Diligence Vendor-06/02/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/23/2026 |
2. Credit Approval Memorandum.pdf | High FICO | XX | Investment | NA | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 829503 | Closed | 2026-06-02 07:18 | 2026-06-23 14:53 | Waived | 2 - Non-Material | Credit | Assets | Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/23/2026 Counter-The guidelines call for bank and brokerage statements to satisfy this requirement. - Due Diligence Vendor-06/23/2026 Ready for Review-The PFS statement is in the loan app, which is in the file. - Seller-06/23/2026 Counter-There are no asset statements in the loan file aside from the XXXX XXXXXXXX XXXXX, please provide asset statements for the required reserves. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. - Seller-06/18/2026 Open-Total Qualified Assets for Reserves Post-Close of $0 is less than Total Required Reserve Amount of $XXXXX Lender guidelines require 3 months subject property reserves. Despite this requirement no personal assets were verified. XXXX XXXXXXXX XXXXX are ineligible for reserves - Due Diligence Vendor-06/02/2026 |
Ready for Review-The PFS statement is in the loan app, which is in the file. - Seller-06/23/2026 Ready for Review-Document Uploaded. - Seller-06/18/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/23/2026 |
2. Credit Approval Memorandum.pdf | High FICO | XX | Investment | NA | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 450911 | Closed | 2026-05-08 13:48 | 2026-05-08 13:49 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. BPO was out of tolerance. - Due Diligence Vendor-05/08/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 450911 | Closed | 2026-04-10 09:50 | 2026-04-14 12:17 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-04/13/2026 Waived-Property type is ineligible due to The Subject property meets the GL definition of a rural property and is therefore not eligible.. Lender provided approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-04/10/2026 Open- - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/14/2026 Waived-Property type is ineligible due to The Subject property meets the GL definition of a rural property and is therefore not eligible.. Lender provided approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-04/10/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 614751 | Closed | 2026-04-17 14:22 | 2026-04-22 16:22 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 597 is less than Guideline FICO of 650 Lender provided approved exception on page#59 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 597 is less than Guideline FICO of 650 Lender provided approved exception on page#59 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 139496 | Closed | 2026-04-17 15:19 | 2026-04-22 16:21 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception on page#161 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception on page#161 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 564773 | Closed | 2026-04-20 15:24 | 2026-06-23 15:44 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower living Rent free. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/20/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower living Rent free. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/20/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 564773 | Closed | 2026-04-17 12:32 | 2026-04-21 10:18 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited FICO of 602 is less than Guideline FICO of 650 Minimum Fico Doesn't met. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited FICO of 602 is less than Guideline FICO of 650 Minimum Fico Doesn't met. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 349439 | Closed | 2026-04-21 10:54 | 2026-05-08 15:19 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 103879 | Closed | 2026-04-21 12:27 | 2026-04-22 17:00 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 4 months. - Due Diligence Vendor-04/21/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 4 months. - Due Diligence Vendor-04/21/2026 |
Low LTV | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 103879 | Closed | 2026-04-21 12:24 | 2026-04-22 17:00 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 628 is less than Guideline FICO of 650 , However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/21/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 628 is less than Guideline FICO of 650 , However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/21/2026 |
Low LTV | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 103879 | Closed | 2026-04-21 11:36 | 2026-04-22 17:00 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is Living in rent free., However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/21/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is Living in rent free., However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/21/2026 |
Low LTV | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 434433 | Closed | 2026-04-13 10:37 | 2026-04-13 16:23 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived- - Due Diligence Vendor-04/13/2026 Open-Commercial Debt Service Coverage Ratio of 0.922 is is below guideline minimum of 1.00. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 |
Strong Reserves Seasoned Business |
XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 992735 | Closed | 2026-04-21 11:37 | 2026-06-23 15:19 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 992735 | Closed | 2026-04-17 09:17 | 2026-04-21 15:15 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount of $XX,XXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Low LTV Strong DSCR |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 200296 | Closed | 2026-04-21 10:16 | 2026-06-24 16:48 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/23/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/23/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 200296 | Closed | 2026-04-17 05:30 | 2026-06-23 16:16 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-04/23/2026 Open-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception dated prior to consummation; however the lender compensating factor has not been documented and validated. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 655511 | Closed | 2026-06-26 16:24 | 2026-06-26 16:26 | Acknowledged | 3 - Material | Property | Appraisal | Valuation product is deficient | Acknowledged-The finding is acknowledged and will be graded a C for all agencies. - Due Diligence Vendor-06/26/2026 | The loan file contained an AVE/CMA within tolerance of the appraisal and then two post-close desk reviews were ordered, the first of which was out of tolerance. Since the final valuation product was the same as an out of tolerance valuation production the loan will be rated a C for all agencies. - 06/26/2026 | Acknowledged-The finding is acknowledged and will be graded a C for all agencies. - Due Diligence Vendor-06/26/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 655511 | Closed | 2026-05-20 09:46 | 2026-05-20 09:47 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/20/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/20/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/20/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 401873 | Closed | 2026-04-10 11:47 | 2026-06-24 16:51 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Waived-Property type is ineligible due to The subject property meets the GL requirements for a rural property which is not allowed. In addition, the appraisal states the property is currently listed for sale which is an additional guideline violation.. The subject property meets the GL requirements for a rural property which is not allowed. In addition, the appraisal states the property is currently listed for sale which is an additional guideline violation. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Waived-Property type is ineligible due to The subject property meets the GL requirements for a rural property which is not allowed. In addition, the appraisal states the property is currently listed for sale which is an additional guideline violation.. The subject property meets the GL requirements for a rural property which is not allowed. In addition, the appraisal states the property is currently listed for sale which is an additional guideline violation. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/10/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 401873 | Closed | 2026-04-10 16:00 | 2026-05-08 15:33 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/10/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 680870 | Closed | 2026-04-17 14:18 | 2026-04-21 15:17 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The VOM for the borrower's primary residence is incomplete as a statement reflecting current was not provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The VOM for the borrower's primary residence is incomplete as a statement reflecting current was not provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 822414 | Closed | 2026-04-22 16:02 | 2026-04-23 12:52 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-04/23/2026 Open-The rent schedule is missing from the appraisal. - Due Diligence Vendor-04/22/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXXXXX.pdf | Low LTV | XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 822414 | Closed | 2026-04-17 12:29 | 2026-04-22 16:22 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 648 is less than Guideline FICO of 650 Lender provided approved exception on page#197 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 648 is less than Guideline FICO of 650 Lender provided approved exception on page#197 dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 977885 | Closed | 2026-04-30 12:00 | 2026-06-23 15:21 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/30/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 977885 | Closed | 2026-04-17 08:59 | 2026-04-30 11:59 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 921522 | Closed | 2026-04-24 17:05 | 2026-04-27 16:01 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 606 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 606 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/24/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 430886 | Closed | 2026-04-13 11:12 | 2026-04-13 16:26 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. the required 12-month housing payment history is not available as the borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. the required 12-month housing payment history is not available as the borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/13/2026 |
Strong Marketing Trends | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 677388 | Closed | 2026-04-17 12:27 | 2026-04-23 15:25 | Waived | 2 - Non-Material | Credit | Borrower | Borrower 1 Credit Report is Incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-04/23/2026 Open-Borrower 1 Credit Report is Partially Present. Missing fico scores. Lender provided approved exception dated prior to consummation and the lender compensating factor of Low LTV is not valid. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 546794 | Closed | 2026-04-17 15:31 | 2026-04-21 15:33 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. No VOR for the Borrower's primary residence is available as the borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. No VOR for the Borrower's primary residence is available as the borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
High FICO Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 546794 | Closed | 2026-04-19 15:16 | 2026-04-21 15:33 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Trade line count does not meet program requirements. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/19/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Trade line count does not meet program requirements. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/19/2026 |
High FICO Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 567909 | Closed | 2026-04-24 10:05 | 2026-04-29 12:35 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing Lease Agreement | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Missing lease for one unit - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Missing lease for one unit - Due Diligence Vendor-04/24/2026 |
Strong Reserves | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 828424 | Closed | 2026-04-21 10:56 | 2026-06-23 15:22 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 202794 | Closed | 2026-04-24 16:08 | 2026-04-29 12:54 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. MIssing a payment for the subject property. Borrower lives Rent Free. The Lender provided an approved xception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. MIssing a payment for the subject property. Borrower lives Rent Free. The Lender provided an approved xception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/24/2026 |
High FICO |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 519811 | Closed | 2026-04-10 14:08 | 2026-04-13 16:52 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception date prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception date prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/10/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 434577 | Closed | 2026-04-14 05:42 | 2026-04-15 10:12 | Waived | 2 - Non-Material | Credit | Eligibility | Verified number of properties does not meet experience requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/15/2026 Waived-Loan file only contains evidence of experience for 0 properties which is below the guideline minimum. the borrower is considered a first-time investor due to no evidence of landlord experience found. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/14/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/15/2026 Waived-Loan file only contains evidence of experience for 0 properties which is below the guideline minimum. the borrower is considered a first-time investor due to no evidence of landlord experience found. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/14/2026 |
Strong Reserves | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 434577 | Closed | 2026-04-14 05:47 | 2026-04-15 10:12 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/15/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The loan file is missing a full 12-month payment history for the borrower's primary residence. A verification for a previous primary residence was noted as rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/14/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/15/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The loan file is missing a full 12-month payment history for the borrower's primary residence. A verification for a previous primary residence was noted as rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/14/2026 |
Strong reserves | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 364038 | Closed | 2026-04-23 13:05 | 2026-06-23 15:40 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. - Due Diligence Vendor-06/22/2026 Ready for Review-Disagree. Reserves are calculated at P&I which would be XXXXX.XX/XXXX.XX=5.18 mos reserves. That covers 3 mos required for FTI and an additional 2 months to mitigate the exception with. Understand we can not use Low LTV as a comp factor. - Buyer-06/17/2026 Counter-Agreed on the total verified funds and the cash to close. $XXXX - $XXXX = $44,339.42 / $12,826.92 (total subject payment) = 3.46 months reserves after closing. That is less than 1 month more than the requirement and cannot be used as a compensating factor. Additionally, the loan was approved at the maximum LTV for the subject parameters, so it cannot be used as a compensating factor either. - Due Diligence Vendor-06/15/2026 Ready for Review-Per Final HUD funds needed to close $XXXX 3 mos reserves FT Investor $25,977.81 Total needed to Close + FTI Reserves $$450,699.70 XXXX XX XXXXXXX #XXXX XXXXXX XXXXX XX-XX XXXXXXXXX XXX $XXX,XXX XXXX XX XXXXXXX #XXXX XXXXXXXXX XXXXXX-XXXXXXX $XX,XXX.XX - Access letter provided Total Verified Funds $XXX,XXX.XX Additional reserves $18,361.61 or 2.12 mos additional reserves. This is sufficient to mitigate exception with. - Seller-06/13/2026 Counter-The access letter was in file and the assets were already included. The issue is the remaining reserves are barely over the minimum required and the LTV was at the max for the loan parameters, so neither could be used as a compensating factor. - Due Diligence Vendor-06/09/2026 Ready for Review-Document Uploaded. Uploaded access letter for account used for reserves - Buyer-06/09/2026 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. The file is missing a full 12-month payment history for the borrower's primary residence as the VOR was prepared by a private party per the applicable guidelines. Lender provided approved exception citing Low LTV and Strong Reserves as compensating factors which were not valid. LTV of 65% is the maximum allowed for this transaction of a first-time buyer. 3.6 months reserves not considered to be strong as 3 months were required for this transaction. - Due Diligence Vendor-04/23/2026 |
Ready for Review-Per Final HUD funds needed to close $XXXX 3 mos reserves FT Investor $25,977.81 Total needed to Close + FTI Reserves $$450,699.70 XXXX XX XXXXXXX #XXXX XXXXXX XXXXX XX-XX XXXXXXXXX XXX XXX $XXX,XXX XXXX XX XXXXXXX #XXXX XXXXXXXXX XXXXXX-XXXXXXX $XX,XXX.XX - Access letter provided Total Verified Funds $XXXX Additional reserves $18,361.61 or 2.12 mos additional reserves. This is sufficient to mitigate exception with. - Seller-06/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
Verification of Funds - Access letter.pdf XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXXX XXXXXX (3).pdf |
Additional reserves of $18,361.61 or 2.12 months | XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 364038 | Closed | 2026-04-23 13:44 | 2026-06-23 15:40 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. - Due Diligence Vendor-06/22/2026 Ready for Review-Please see comment for the other exception. - Seller-06/17/2026 Counter-Agreed on the total verified funds and the cash to close. $XXXX - $XXXX = $44,339.42 / $12,826.92 (total subject payment) = 3.46 months reserves after closing. That is less than 1 month more than the requirement and cannot be used as a compensating factor. Additionally, the loan was approved at the maximum LTV for the subject parameters, so it cannot be used as a compensating factor either. - Due Diligence Vendor-06/15/2026 Ready for Review-Per Final HUD funds needed to close $XXXX 3 mos reserves FT Investor $25,977.81 Total needed to Close + FTI Reserves $$450,699.70 XXXX XX XXXXXXX #XXXX XXXXXX XXXXX XX-XX XXXXXXXXX XXX $XXX,XXX XXXX XX XXXXXXX #XXXX XXXXXXXXX XXXXXX-XXXXXXX $XX,XXX.XX - Access letter provided Total Verified Funds $XXX,XXX.XX Additional reserves $18,361.61 or 2.12 mos additional reserves. This is sufficient to mitigate exception with. - Buyer-06/13/2026 Counter-The access letter was in file and the assets were already included. The issue is the remaining reserves are barely over the minimum required and the LTV was at the max for the loan parameters, so neither could be used as a compensating factor. - Due Diligence Vendor-06/09/2026 Ready for Review-Uploaded access letter for account used for reserves - Buyer-06/09/2026 Open-Commercial Debt Service Coverage Ratio of 1.01 is below guideline minimum of 1.25. Lender provided approved exception citing Low LTV and Strong Reserves as compensating factors which were not valid. LTV of 65% is the maximum allowed for this transaction of a first-time buyer. 3.6 months reserves not considered to be strong as 3 months were required for this transaction. - Due Diligence Vendor-04/23/2026 |
Ready for Review-Please see comment for the other exception. - Seller-06/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXXXX XXXXXX (3).pdf | Additional reserves of $18,361.61 or 2.12 months | XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | ||
| XXXXXX | XXXXXX | 823903 | Closed | 2026-04-28 06:39 | 2026-04-28 16:30 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Borrower is first time investor, 5% LTV reduction applied. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Borrower is first time investor, 5% LTV reduction applied. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
Strong Reserves High FICO |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 830701 | Closed | 2026-04-17 15:15 | 2026-04-21 15:35 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% . GL require a 5% LTV reduction for a First Time Investor. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% . GL require a 5% LTV reduction for a First Time Investor. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/17/2026 |
Strong Reserves | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 479942 | Closed | 2026-04-29 06:17 | 2026-05-11 14:12 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/08/2026 Open-Hazard Insurance Policy Partially Provided Missing evidence of an established premium payment plan as required by the lender guidelines. Lender provided approved exception dated prior to consummation but was approved as unmitigated - Due Diligence Vendor-04/29/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 700203 | Closed | 2026-04-24 19:52 | 2026-04-29 13:32 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Missing evidence of payments to Private Lender as required by Lender GL. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Missing evidence of payments to Private Lender as required by Lender GL. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/25/2026 |
High FICO Strong Marketing Trends |
XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 480444 | Closed | 2026-04-22 16:30 | 2026-06-23 15:23 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/22/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 456125 | Closed | 2026-04-22 16:33 | 2026-06-23 15:25 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/22/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 332519 | Closed | 2026-04-25 06:44 | 2026-05-08 16:36 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 Open- - Due Diligence Vendor-04/29/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/25/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/08/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/25/2026 |
XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 332519 | Closed | 2026-04-24 22:20 | 2026-04-29 13:57 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/25/2026 |
Strong Reserves | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 470645 | Closed | 2026-04-28 15:55 | 2026-04-29 14:44 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXXXX is greater than the Guideline Maximum Loan Amount of $2000000 . Lender provided an approved exception dated prior to consummaton and all compensating factors have been verified. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXXXXX is greater than the Guideline Maximum Loan Amount of $2000000 . Lender provided an approved exception dated prior to consummaton and all compensating factors have been verified. - Due Diligence Vendor-04/28/2026 |
Low LTV | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 859488 | Closed | 2026-04-10 06:02 | 2026-04-10 16:06 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Housing History Does Not Meet Guideline Requirements Lender guidelines allow for 1x30x12 late payments. Despite this requirement, the payment history for the subject loan reflects 1x60 rolling late. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Housing History Does Not Meet Guideline Requirements Lender guidelines allow for 1x30x12 late payments. Despite this requirement, the payment history for the subject loan reflects 1x60 rolling late. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Strong Reserves | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 859488 | Closed | 2026-04-09 15:46 | 2026-04-10 16:06 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing Condo Master Insurance Policy | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Missing Condo Master Insurance Policy Hazard Documentation provided sufficient required coverages. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Missing Condo Master Insurance Policy Hazard Documentation provided sufficient required coverages. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Strong reserves | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 139305 | Closed | 2026-04-25 16:06 | 2026-04-30 10:15 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000, The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000, The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Low LTV Strong Reserves |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 139305 | Closed | 2026-04-25 16:06 | 2026-04-30 10:14 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 639 is less than Guideline FICO of 650 . The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 639 is less than Guideline FICO of 650 . The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Low LTV Strong Reserves |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 506473 | Closed | 2026-06-24 16:53 | 2026-06-24 16:54 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Open-Guidelines do not allow properties classified as Rural as eligible collateral. The lender provided an approved exception dated prior to consummation, however the compensating factor of Low LTV is not valid. - Due Diligence Vendor-06/24/2026 |
Excess equity Strong DCR - 06/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 506473 | Closed | 2026-04-29 15:35 | 2026-05-11 15:43 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 656868 | Closed | 2026-04-28 13:25 | 2026-04-28 16:52 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Audited LTV of 66.06% exceeds Guideline LTV of 65% Borrower is First time investor. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Audited LTV of 66.06% exceeds Guideline LTV of 65% Borrower is First time investor. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/28/2026 |
High FICO Strong Reserves |
XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 944348 | Closed | 2026-05-13 17:13 | 2026-06-10 08:08 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/13/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 645828 | Closed | 2026-04-29 14:10 | 2026-05-11 15:25 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Open- - Due Diligence Vendor-04/29/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 645828 | Closed | 2026-04-24 14:13 | 2026-04-29 15:48 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 604 is less than Guideline FICO of 650. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 604 is less than Guideline FICO of 650. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Strong Marketing Trends Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 645828 | Closed | 2026-04-26 06:01 | 2026-04-29 15:48 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Strong Marketing Trends Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 330074 | Closed | 2026-05-08 08:46 | 2026-05-18 12:45 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/15/2026 Open- - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Waived-Audited Loan Amount of $52000 is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/08/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 938869 | Closed | 2026-04-28 10:07 | 2026-05-11 09:46 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/08/2026 Open-Hazard Insurance Policy Partially Provided Hazard Insurance documentation provided is a blanket policy with another property. In addition, evidence of a full year premium is required if premiums are not impounded. Appears borrower is on a payment plan. Lender provided approved exception dated prior to consummation but was approved as unmitigated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXX.pdf | High FICO Seasoned business |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 938869 | Closed | 2026-04-28 10:15 | 2026-04-28 16:57 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Commercial Debt Service Coverage Ratio of .849 is below guideline minimum of 1.00 for an owner user Traditional 2 property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Commercial Debt Service Coverage Ratio of .849 is below guideline minimum of 1.00 for an owner user Traditional 2 property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
High FICO Seasoned BUsiness |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 166910 | Closed | 2026-04-21 14:20 | 2026-06-10 09:15 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/10/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 297635 | Closed | 2026-04-21 11:38 | 2026-06-23 15:25 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/21/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 297635 | Closed | 2026-04-17 12:56 | 2026-04-21 12:51 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited FICO of 631 is less than Guideline FICO of 650, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Audited FICO of 631 is less than Guideline FICO of 650, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 297635 | Closed | 2026-04-17 13:05 | 2026-04-21 12:51 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. No proof of primary ownership, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. No proof of primary ownership, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 755066 | Closed | 2026-05-08 14:59 | 2026-05-18 12:23 | Waived | 2 - Non-Material | Credit | Closing | Borrower 1 Photo ID is expired | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/15/2026 Open-Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX. Borrower photo ID expiration date is XX/XX/XXXX and note is dated XX/XX/XXXX - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXXXXX.pdf | Seasoned investor Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 755066 | Closed | 2026-05-08 15:34 | 2026-05-12 17:09 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited FICO of 612 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 612. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited FICO of 612 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 612. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 755066 | Closed | 2026-05-08 15:17 | 2026-05-12 17:08 | Waived | 2 - Non-Material | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Delinquent Credit History Does Not Meet Guideline Requirements Per guideline, Past-due, Collections, and Charge-off Accounts Collection accounts or charged-off accounts do not need to be paid off if the balance of an individual account is less than $XX,XXX or if the total balance of all accounts is $XX,XXX or less. Borrower has total aggregate collection & charged off balance that exceeds $XX,XXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Delinquent Credit History Does Not Meet Guideline Requirements Per guideline, Past-due, Collections, and Charge-off Accounts Collection accounts or charged-off accounts do not need to be paid off if the balance of an individual account is less than $XX,XXX.XX or if the total balance of all accounts is $XX,XXX.XX or less. Borrower has total aggregate collection & charged off balance that exceeds $XX,XXX.XX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 755066 | Closed | 2026-05-12 09:50 | 2026-05-12 17:08 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Loan file is missing verification of rent for primary residence. Letter in file indicates borrower currently lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Loan file is missing verification of rent for primary residence. Letter in file indicates borrower currently lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 688179 | Closed | 2026-05-08 09:56 | 2026-05-12 16:44 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 674723 | Closed | 2026-04-27 08:47 | 2026-04-27 16:07 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Lives in rent free, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Lives in rent free, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/27/2026 |
Low LTV High FICO |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 615928 | Closed | 2026-05-11 08:31 | 2026-05-13 15:46 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Calculated DSCR of 1.184 is less than the required 1.20 per guidelines. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Calculated DSCR of 1.184 is less than the required 1.20 per guidelines. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/11/2026 |
Low LTV High FICO |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 261872 | Closed | 2026-04-19 02:50 | 2026-04-22 16:40 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 607 is less than Guideline FICO of 650. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 607 is less than Guideline FICO of 650. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 261872 | Closed | 2026-04-19 02:58 | 2026-04-22 16:40 | Waived | 2 - Non-Material | Property | Property | Neighborhood Location Not Allowed for Program | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Subject property is in Rural location. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Subject property is in Rural location. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Strong Marketing Trends | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 261872 | Closed | 2026-04-19 03:01 | 2026-04-22 16:40 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Missing VOM for the investment property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Missing VOM for the investment property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/19/2026 |
Seasoned investor Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 750476 | Closed | 2026-05-08 09:47 | 2026-05-12 17:04 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. However, Lender provided exception. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXXX is less than the Guideline Minimum Loan Amount of $75000. However, Lender provided exception. - Due Diligence Vendor-05/08/2026 |
High FICO | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 705017 | Closed | 2026-05-12 08:04 | 2026-06-10 08:16 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with a sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/12/2026 |
Acknowledged-CDA with a sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 705017 | Closed | 2026-05-08 12:03 | 2026-05-12 17:13 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-The subject loan does not meet the value seasoning requirement. Subject was purchased less than 12 months for $XXX,XXX. Value used for subject transaction is $XXX,XXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-The subject loan does not meet the value seasoning requirement. Subject was purchased less than 12 months for $XXX,XXX. Value used for subject transaction is $XXX,XXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
High FICO Seasoned Investor |
XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 324946 | Closed | 2026-05-12 07:20 | 2026-06-10 08:18 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/12/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 470681 | Closed | 2026-04-29 12:45 | 2026-04-29 16:03 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Housing History Does Not Meet Guideline Requirements Lender guidelines require a primary housing history of no more than 1x30 in the most recent 12 months or 2/30-0x60 in the most recent 24 months. Despite this requirement the borrower was 2x30 in the most recent 12 months. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/29/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Housing History Does Not Meet Guideline Requirements Lender guidelines require a primary housing history of no more than 1x30 in the most recent 12 months or 2/30-0x60 in the most recent 24 months. Despite this requirement the borrower was 2x30 in the most recent 12 months. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/29/2026 |
Low LTV | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 470681 | Closed | 2026-04-24 17:29 | 2026-04-29 16:03 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Low LTV | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 525384 | Closed | 2026-04-24 12:46 | 2026-04-29 16:09 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/24/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 525384 | Closed | 2026-04-27 13:55 | 2026-04-29 16:09 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited LTV of 75% exceeds Guideline LTV of 65% Lender Guidelines require a 5% LTV reduction for First Time Investors. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited LTV of 75% exceeds Guideline LTV of 65% Lender Guidelines require a 5% LTV reduction for First Time Investors. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 747465 | Closed | 2026-04-28 12:18 | 2026-05-11 16:09 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing Verification of Mortgage | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Per property profile current mortgage is with XX XXXX, opened XX/XX/XXXX, loan amount $XXX,XXX. This is rated on XXX credit report XX XXXX XX $#XXXX. It appears as if we are just missing proof of XXXXX payment, which an exception has been written for. Please see uploaded approval - Buyer-05/08/2026 Open-Lender guidelines require a 12-month payment history for the borrower's primary residence. Despite this requirement, no payment history was provided. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXX.pdf | High FICO Seasoned investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 747465 | Closed | 2026-04-28 09:53 | 2026-04-28 17:07 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Lender guidelines do not allow for a cash out refinance if the borrower has been on title for less than 12 months. The value estimate is limited to the lessor of the original purchase price or current appraised value. No purchase price was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Lender guidelines do not allow for a cash out refinance if the borrower has been on title for less than 12 months. The value estimate is limited to the lessor of the original purchase price or current appraised value. No purchase price was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
High FICO Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 747465 | Closed | 2026-04-28 12:06 | 2026-04-28 17:07 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The loan file contained a payment history believed to be for the subject, but the source of the document could not be verified therefore no lender rating. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The loan file contained a payment history believed to be for the subject, but the source of the document could not be verified therefore no lender rating. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/28/2026 |
High FICO Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 318642 | Closed | 2026-04-24 02:53 | 2026-05-11 16:02 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/08/2026 Open-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception listing Low LTV and Strong Marketing Trends as comp factors; however, Low LTV is not considered to be a valid comp factor on the XXXX when the actual LTV is 50%. - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXXX XXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 606851 | Closed | 2026-06-24 16:56 | 2026-06-24 16:58 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Open-XXXX was determined to be a rural property with a population of less than 25,000 and greater than 25 miles from a major city with a population 100,000 or more. Lender provided approved exception date prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-06/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 |
Low LTV Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 606851 | Closed | 2026-05-08 15:54 | 2026-05-11 16:34 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 621 is less than Guideline FICO of 650, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 621 is less than Guideline FICO of 650, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Low LTV Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 521146 | Closed | 2026-05-08 12:34 | 2026-05-12 17:16 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Hazard Insurance Policy Partially Provided The Hazard Policy does not meet lender guideline. The Policy premium has been paid prior closing instead of utilizing a pay plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Hazard Insurance Policy Partially Provided The Hazard Policy does not meet lender guideline. The Policy premium has been paid prior closing instead of utilizing a pay plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 139257 | Closed | 2026-04-10 10:47 | 2026-04-13 16:30 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Hazard Insurance Policy Partially Provided Premium will not be collected at closing due to a verified payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Hazard Insurance Policy Partially Provided Premium will not be collected at closing due to a verified payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Seasoned Investor | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 524020 | Closed | 2026-04-26 08:00 | 2026-04-28 17:11 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Seasoned Business High FICO |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 524020 | Closed | 2026-04-26 08:02 | 2026-04-28 17:11 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-As per guideline, at least two major mortgage accounts need to be reported in credit report. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/28/2026 Waived-As per guideline, at least two major mortgage accounts need to be reported in credit report. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/26/2026 |
Seasoned Business High Fico |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 795147 | Closed | 2026-04-24 14:59 | 2026-06-22 13:19 | Acknowledged | 3 - Material | Property | Property Issue | Property Condition Does Not Meet Requirements | Acknowledged-Unable to Resolve-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-50% LTV, appraisal made as-is and the property condition is considered in the value/LTV. The characteristics of the paint/property are consistent with the age of the property; however, the property is in need of repairs. Property vacant at origination and per the borrower LOE cash-out proceeds would be used to rehab the property prior to tenants moving-in. XXX hasn't confirmed the status of repairs, but given the low LTV felt comfrotable proceeding. The borrower is expected to fulfill their commitment to complete the repairs. - Buyer-06/18/2026 Open-Property Condition Does Not Meet Requirements. Appraiser noted the subject to be in C5 Poor condition with extensive deferred maintenance which is supported by the photos. The was noted exterior deterioration in the trim, fascia, siding skirting and eaves. Due to age of construction this condition may represent a lead-based paint hazard. the interior reflects missing flooring and general need for repair and finishing - Due Diligence Vendor-04/24/2026 |
Acknowledged-Unable to Resolve-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/22/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 795147 | Closed | 2026-04-29 11:59 | 2026-06-22 13:19 | Acknowledged | 3 - Material | Property | Property Issue | Environmental, Health, or Safety Issues Present | Acknowledged-Unable to Resolve-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-50% LTV, appraisal made as-is and the property condition is considered in the value/LTV. The characteristics of the paint/property are consistent with the age of the property; however, the property is in need of repairs. Property vacant at origination and per the borrower LOE cash-out proceeds would be used to rehab the property prior to tenants moving-in. XXX hasn't confirmed the status of repairs, but given the low LTV felt comfrotable proceeding. The borrower is expected to fulfill their commitment to complete the repairs. - Buyer-06/18/2026 Open-Environmental, Health, or Safety Issues Present. Appraiser noted that due to age of the property the peeling paint may result in a lead-based paint hazard. - Due Diligence Vendor-04/29/2026 |
Acknowledged-Unable to Resolve-No escrow for repairs was collected at closing. - Due Diligence Vendor-06/22/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 795147 | Closed | 2026-04-25 09:25 | 2026-04-29 16:35 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount is less than Guideline Minimum Loan Amount. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/29/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount is less than Guideline Minimum Loan Amount. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/25/2026 |
Strong Marketing Trends | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 267530 | Closed | 2026-05-08 15:38 | 2026-05-11 17:19 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Policy provided in incorrect form. As per GL., "all risk" policy is acceptable on the following forms: DP3, special/broad, Dwelling Fire Form 3, DP-3, or a Proprietary landlord insurance policy from major carrier. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Policy provided in incorrect form. As per GL., "all risk" policy is acceptable on the following forms: DP3, special/broad, Dwelling Fire Form 3, DP-3, or a Proprietary landlord insurance policy from major carrier. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 459628 | Closed | 2026-05-12 09:11 | 2026-05-12 17:22 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Property type is ineligible due to Rural Property (Population < 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more).. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Property type is ineligible due to Rural Property (Population < 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more).. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Low LTV Strong DCR |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 459628 | Closed | 2026-05-08 08:14 | 2026-05-12 17:22 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV Strong DCR |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 948619 | Closed | 2026-04-10 07:49 | 2026-04-13 16:38 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Audited FICO of 611 is less than Guideline FICO of 650 , However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/13/2026 Waived-Audited FICO of 611 is less than Guideline FICO of 650 , However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/10/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 465921 | Closed | 2026-05-08 14:14 | 2026-05-11 17:21 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong Marketing Trends Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 465921 | Closed | 2026-05-11 08:57 | 2026-05-11 17:20 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing Verification of Rent (VOR) for primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing Verification of Rent (VOR) for primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Strong Marketing Trends Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 580038 | Closed | 2026-04-17 20:17 | 2026-04-22 16:47 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 607 is less than Guideline FICO of 650 . Lender provided an approved exception dated prior to consummation and all compensating factors have been validate. - Due Diligence Vendor-04/18/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Audited FICO of 607 is less than Guideline FICO of 650 . Lender provided an approved exception dated prior to consummation and all compensating factors have been validate. - Due Diligence Vendor-04/18/2026 |
Low TV Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 580038 | Closed | 2026-04-21 11:08 | 2026-04-22 16:47 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Borrower is living Rent Free in primary residence. Lender provided an approved exception dated prior to consummation and all compensating factors have been validate. - Due Diligence Vendor-04/21/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/22/2026 Waived-Borrower is living Rent Free in primary residence. Lender provided an approved exception dated prior to consummation and all compensating factors have been validate. - Due Diligence Vendor-04/21/2026 |
Low LTV Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 868980 | Closed | 2026-05-08 16:48 | 2026-06-23 15:45 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/21/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/20/2026 Counter-Low LTV is still listed as a compensating factor on the updated loan approval. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval. Also uploaded is the correct flood cert. The document uploaded into the flood cert exception is incorrect - Buyer-05/15/2026 Open-Audited Loan Amount of $XXXXXXXX is greater than the Guideline Maximum Loan Amount of $2000000 Borrower’s requested loan amount ($XXXXXXX) exceeds the maximum limit ($2000000) allowed by the guidelines., However, the lender provided an approved exception dated prior to consummation, and all compensating factors were not validated. The compensating factor of low LTV is not valid. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/21/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXX..pdf Flood Cert - XXXX (1).pdf XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXXX.pdf |
High Fico Low LTV |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 577876 | Closed | 2026-05-08 10:51 | 2026-05-13 17:18 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 638 is less than Guideline FICO of 650 . The lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 638 is less than Guideline FICO of 650 . The lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 577876 | Closed | 2026-05-08 12:02 | 2026-05-13 17:18 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 757494 | Closed | 2026-05-08 07:16 | 2026-06-23 15:46 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Ecception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Living in Rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Waived-Ecception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Living in Rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
High FICO | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 757494 | Closed | 2026-05-12 17:32 | 2026-06-10 08:31 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/12/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 729031 | Closed | 2026-05-11 09:49 | 2026-06-23 15:44 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural Property (Pop < 2,500). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural Property (Pop < 2,500). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 729031 | Closed | 2026-05-11 17:25 | 2026-06-10 08:38 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 729031 | Closed | 2026-05-08 12:50 | 2026-05-11 17:27 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 624692 | Closed | 2026-05-08 15:22 | 2026-05-18 14:05 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/16/2026 Open-Hazard Insurance Policy Partially Provided Lender Guidelines require $300,000 Liability Coverage; Insurance Policy only has $XXX,XXX Liability Coverage. However, the lender provided an approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 335549 | Closed | 2026-04-27 12:03 | 2026-05-12 12:26 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Open- - Due Diligence Vendor-04/27/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/27/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/27/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 335549 | Closed | 2026-04-27 11:24 | 2026-04-27 16:15 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 786575 | Closed | 2026-05-11 15:29 | 2026-05-12 17:40 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% As per guideline for first time investor reduce the 5% LTV from original LTV. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% As per guideline for first time investor reduce the 5% LTV from original LTV. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
High FICO Strong DCR |
XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 794771 | Closed | 2026-04-17 15:53 | 2026-04-21 14:46 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-materail. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Lives in rent free, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Waived-Exception granted, the finding will be graded a B or non-materail. - Due Diligence Vendor-04/21/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower Lives in rent free, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/17/2026 |
Seasoned Investor Strong Reserves |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 297478 | Closed | 2026-05-08 14:18 | 2026-05-12 17:44 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Insurance does not meet lender requirement as the policy includes co-insurance at 80%. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Insurance does not meet lender requirement as the policy includes co-insurance at 80%. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 760187 | Closed | 2026-05-08 07:59 | 2026-05-18 13:45 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/16/2026 Open-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation and all lender compensating factors have not been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 407226 | Closed | 2026-05-08 08:13 | 2026-05-12 17:48 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is greater than Guideline Maximum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXXXX is greater than the Guideline Maximum Loan Amount of $2000000 Audited Loan Amount of $X,XXX,XXX is greater than the Guideline Maximum Loan Amount of $2,000,000. The lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXXXX is greater than the Guideline Maximum Loan Amount of $2000000 Audited Loan Amount of $X,XXX,XXX is greater than the Guideline Maximum Loan Amount of $2,000,000. The lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Strong Reserves Seasoned Investor |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 151331 | Closed | 2026-05-11 07:39 | 2026-06-23 15:43 | Waived | 2 - Non-Material | Credit | Missing Doc | HO6 Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/16/2026 Open-HO-6 Insurance Policy Partially Provided Leder Guyidelines require $300,000 Liability Coverage; HO6 Policy indicates only $XXX,XXX Liability Coverage. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 301595 | Closed | 2026-05-11 09:58 | 2026-05-13 16:18 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 602 is less than Guideline FICO of 650 As per G/L FICO of 602 is less than Guideline FICO of 650. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 602 is less than Guideline FICO of 650 As per G/L FICO of 602 is less than Guideline FICO of 650. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Strong Reserves | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 647093 | Closed | 2026-04-27 05:52 | 2026-06-22 12:52 | Acknowledged | 3 - Material | Property | Property Issue | Property Damage Present | Acknowledged-Unable to Resolve-No escrow for repairs was collected. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-Appraisal made as-is and the property condition is considered in the value/LTV. This is a low loan amount loan (XXX). Purchase transaction, roof inspection confirmed that there were no damages and the borrower committed to complete the HVAC repair. The remaining deferred maintenance was not considered material; however, the borrower is expected to complete repairs and maintain the subject property. Given the low loan amount and borrowers investment experience, XXX felt comfortable proceeding. - Buyer-06/18/2026 Open-Property Damage Present. The roof is covered with a tarp due to previous damage, no damage noted on interior ceiling. Roof inspection and photos reflect no damages. HVAC system not operational but a repair estimate and letter of intent from the borrower was provided. The wood rot on the soffits was not addressed within the file. - Due Diligence Vendor-04/27/2026 |
Acknowledged-Unable to Resolve-No escrow for repairs was collected. - Due Diligence Vendor-06/22/2026 |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 107309 | Closed | 2026-05-08 13:08 | 2026-05-19 08:40 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception provided, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/18/2026 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOR document missing for Primary address - Due Diligence Vendor-05/08/2026 |
Waived-Exception provided, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXXX - XXXXXXX.pdf | High FICO | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 746356 | Closed | 2026-05-11 17:33 | 2026-06-10 08:42 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 746356 | Closed | 2026-05-11 10:59 | 2026-05-11 17:34 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural property (Population < 2,500). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural property (Population < 2,500). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 737037 | Closed | 2026-05-11 16:44 | 2026-05-13 08:56 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% First Time Investor. As per G/L reduction 5% from LTV. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% First Time Investor. As per G/L reduction 5% from LTV. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Strong Reserves High FICO |
XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 586078 | Closed | 2026-05-08 09:24 | 2026-05-13 17:22 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 634 is less than Guideline FICO of 650 Audited FICO is less than Guideline FICO. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 634 is less than Guideline FICO of 650 Audited FICO is less than Guideline FICO. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 586078 | Closed | 2026-05-08 14:23 | 2026-05-13 17:22 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Trade line count does not meet program requirements. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Trade line count does not meet program requirements. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 266728 | Closed | 2026-05-11 09:30 | 2026-06-25 16:41 | Waived | 2 - Non-Material | Credit | Eligibility | Property in foreclosure | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Subject property is in foreclosure and guidelines do not allow for financing foreclosed properties. The subject located on XXXXXXXX is currently in foreclosure for unpaid taxes. Per the documentation provided in the file, payment of the unpaid taxes is still allowed to redeem the property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
The DQ property taxes and tax redemption fee were paid at closing and are reflected on the final HUD. - 06/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Subject property is in foreclosure and guidelines do not allow for financing foreclosed properties. The subject located on XXXXXXXX is currently in foreclosure for unpaid taxes. Per the documentation provided in the file, payment of the unpaid taxes is still allowed to redeem the property. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Low LTV Seasoned Business |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | |||
| XXXXXX | XXXXXX | 266728 | Closed | 2026-05-11 09:00 | 2026-06-22 12:43 | Acknowledged | 3 - Material | Property | Property Issue | Environmental, Health, or Safety Issues Present | Acknowledged-Unable to Resolve-No escrow for the damage was collected. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-60% LTV. Blanket loan made to 2 properties, both appraisals made as-is and the property conditions are considered in the value/LTV. Regarding the deferred maintenance (celling/walls/moisture/potential mold/electrical wires) - the cost to cure of $X,XXX was deducted from the appraised value. XXX obtained a mold cert which from a licensed inspector which confirmed that there were not signs of water damage or mold growth. Microbial testing was done as well which all came back negative. The rest of the damages were considered deferred maintenance with a relatively low cost-to-cure (within XXX's deferred maintenance guidelines) and given the low ltv/borrowers investment experience, XXX felt comfortable proceeding. XXX still expects the borrower to complete any necessary repairs/maintenance to the subject. - Buyer-06/18/2026 Open-Environmental, Health, or Safety Issues Present. Per appraiser, lender requested appraisal to be completed on as is basis despite the following health and safter Issues: Damaged ceilings, walls and trim throughout the property, may indicate structural, moisture or deferred maintenance issue, cost to cure $X,XXX Potential mold like substance in basement, testing recommended with full remediation, significant health risk to occupants, cost to cure $XXX-$X,XXX Unsecured hanging electrical outlets in basement with the potential shock or fire issue Electrical panel covers are missing, potential shock or fire issue, Cost to cure $XXX - Due Diligence Vendor-05/11/2026 |
Acknowledged-Unable to Resolve-No escrow for the damage was collected. - Due Diligence Vendor-06/22/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 266728 | Closed | 2026-05-11 09:00 | 2026-06-22 12:43 | Acknowledged | 3 - Material | Property | Property Issue | Property Damage Present | Acknowledged-Unable to Resolve-No escrow for the damage was collected. - Due Diligence Vendor-06/22/2026 Unable to Resolve-Unable to Resolve-60% LTV. Blanket loan made to 2 properties, both appraisals made as-is and the property conditions are considered in the value/LTV. Regarding the garage - the cost-to-cure of $XXXX was deducted from the appraised value. This deferred maintenance amount is minimal and within XXX's guideline allowance. XXX still expects the borrower to complete any necessary repairs/maintenance to the subject. - Buyer-06/18/2026 Open-Property Damage Present. The subject phots reflect the garage is at the end of its economic life, no cost to cure for demolition provided by appraiser. - Due Diligence Vendor-05/11/2026 |
Acknowledged-Unable to Resolve-No escrow for the damage was collected. - Due Diligence Vendor-06/22/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 889493 | Closed | 2026-04-24 13:20 | 2026-05-18 12:40 | Waived | 2 - Non-Material | Credit | Insurance | Hazard Insurance Effective Date is after the Disbursement Date | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected uploaded - Buyer-05/15/2026 Counter-Exception provided however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/12/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/09/2026 Open-Hazard Insurance Effective Date of XX/XX/XXXX is after the Disbursement Date of XX/XX/XXXX - Due Diligence Vendor-04/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXX.pdf XXX Loan Approval Form-XXXXXXXXXXX - XXXXX.pdf |
Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 913816 | Closed | 2026-04-27 12:55 | 2026-04-27 16:34 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 621 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 621. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 621 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 621. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 913816 | Closed | 2026-04-27 12:58 | 2026-04-27 16:34 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Lender guidelines require borrower to exhibit at least two active major consumer credit and/or mortgage accounts to be eligible for the programs. Despite this requirement 0 revolving/mortgage account is reported on the credit report. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Lender guidelines require borrower to exhibit at least two active major consumer credit and/or mortgage accounts to be eligible for the programs. Despite this requirement 0 revolving/mortgage account is reported on the credit report. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 913816 | Closed | 2026-04-27 12:54 | 2026-04-27 16:34 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require a 12-month rental payment history for the borrower's primary residence. Despite this requirement, the borrower lives rent free at the primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require a 12-month rental payment history for the borrower's primary residence. Despite this requirement, the borrower lives rent free at the primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 341367 | Closed | 2026-05-11 16:12 | 2026-05-14 14:26 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Property type is ineligible due to Rural Property.. Property type is ineligible due to Rural Property. The Lender provided an approced exception dated prior to consummation and all compensating factors have been validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Property type is ineligible due to Rural Property.. Property type is ineligible due to Rural Property. The Lender provided an approced exception dated prior to consummation and all compensating factors have been validated. - Due Diligence Vendor-05/11/2026 |
Strong reserves High FICO |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 533555 | Closed | 2026-05-09 08:10 | 2026-06-22 12:02 | Acknowledged | 2 - Non-Material | Property | Property Issue | Property Damage Present | Acknowledged- - Due Diligence Vendor-06/22/2026 Ready for Review-40.91% LTV. Appraisal made as-is and the property condition is considered in the value/LTV. XXX completed a 120-day holdback for $XX,XXX.XX to repair the cited deferred maintenance. - Buyer-06/18/2026 Open- - Due Diligence Vendor-06/18/2026 Acknowledged-Escrow for repairs collected at closing, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Open-Property Damage Present. Deferred maintenance noted, damaged holding tank half bath toilet, electrical panel cover removed, cosmetic damage to wall and area around windowsills in a bedroom, cost to cure $XXX. Extensive damage and deferred maintenance noted in garage with rear wall and damage/wear on the roof, cost to cure $X,XXX. The HUD1 reflects repair holdback in the amount of $XX,XXX. A repair holdback agreement was provided. - Due Diligence Vendor-05/09/2026 |
Acknowledged- - Due Diligence Vendor-06/22/2026 Acknowledged-Escrow for repairs collected at closing, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 533555 | Closed | 2026-05-09 07:59 | 2026-06-22 12:01 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/22/2026 Open- - Due Diligence Vendor-06/18/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/09/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/22/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/09/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 533555 | Closed | 2026-05-08 11:32 | 2026-05-11 16:40 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 666640 | Closed | 2026-06-24 17:08 | 2026-06-24 17:08 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Open-Subject property in ineligible to population less than 25,000 and not located within a 25-mile radius of a city with a population of 100,000 or more. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-06/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 |
Low LTV Property Condition |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 666640 | Closed | 2026-04-29 13:20 | 2026-05-12 13:08 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Open- - Due Diligence Vendor-04/29/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 902501 | Closed | 2026-05-12 08:46 | 2026-05-13 10:27 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a 12 month payment history for the borrower's primary residence. Despite this requirement on 7 months were verified from inception of the loan and no additional verification was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a 12 month payment history for the borrower's primary residence. Despite this requirement on 7 months were verified from inception of the loan and no additional verification was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/12/2026 |
Strong reserves High FICO |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 979742 | Closed | 2026-05-12 12:03 | 2026-05-19 09:04 | Waived | 2 - Non-Material | Credit | Eligibility | Transaction Ineligible | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-The exception titled "First time investor" with the LTV also covers the exception for FT investor. - Buyer-05/18/2026 Open-Per Lender Guidelines first time investors are ineligible for investment 1-unit properties. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 979742 | Closed | 2026-05-08 15:57 | 2026-05-14 15:02 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Borrower is First Time Investor. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited LTV of 75% exceeds Guideline LTV of 70% Borrower is First Time Investor. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 979742 | Closed | 2026-05-11 13:56 | 2026-05-14 15:01 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing Condo Questionnaire | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived- The Condo Questionnaire is missing from the loan file. Additional conditions may apply. The Condo Questionnaire is missing from the loan file. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived- The Condo Questionnaire is missing from the loan file. Additional conditions may apply. The Condo Questionnaire is missing from the loan file. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/11/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 979742 | Closed | 2026-05-08 12:15 | 2026-05-14 15:01 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. For primary, lender rating in name of primary vested co-owner, XXXXX. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. For primary, lender rating in name of primary vested co-owner, XXXXX. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 562860 | Closed | 2026-05-11 16:59 | 2026-05-13 10:31 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is living in rent free, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/11/2026 |
Low LTV | XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 648742 | Closed | 2026-05-12 12:37 | 2026-05-13 10:40 | Waived | 2 - Non-Material | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Housing History Does Not Meet Guideline Requirements Borrower mortgage history is 1x30 in last 90 days. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Housing History Does Not Meet Guideline Requirements Borrower mortgage history is 1x30 in last 90 days. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 648742 | Closed | 2026-05-08 12:24 | 2026-05-13 10:39 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Lender guideline requires hazard insurance carrier to have a rating of A or Better. Subject insurance carrier has a rating of B+. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Lender guideline requires hazard insurance carrier to have a rating of A or Better. Subject insurance carrier has a rating of B+. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 648742 | Closed | 2026-05-08 09:33 | 2026-05-13 10:39 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 600 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 600 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 323309 | Closed | 2026-04-29 16:55 | 2026-05-12 13:33 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 434306 | Closed | 2026-05-14 15:10 | 2026-06-23 15:27 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/02/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/14/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/02/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 434306 | Closed | 2026-05-10 09:35 | 2026-05-14 15:16 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Hazard Insurance Policy Partially Provided Missing evidence of an established premium payment plan as required by the lender guidelines. Lender provided approved exception dated prior to consummation but was 'Pending Approval' - Due Diligence Vendor-05/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Hazard Insurance Policy Partially Provided Missing evidence of an established premium payment plan as required by the lender guidelines. Lender provided approved exception dated prior to consummation but was 'Pending Approval' - Due Diligence Vendor-05/10/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 148532 | Closed | 2026-05-11 08:24 | 2026-05-19 08:28 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/18/2026 Open-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 11 months.Lender provided approved exception dated prior to consummation however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXXX.pdf | Excess equuity | XX | Investment | Refinance | No Cash Out - Borrower Initiated | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 772866 | Closed | 2026-05-08 09:29 | 2026-05-13 16:31 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Business Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 402020 | Closed | 2026-05-11 08:13 | 2026-05-13 12:32 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is Living in Rent Free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower is Living in Rent Free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/11/2026 |
High FICO | XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 503821 | Closed | 2026-05-08 10:44 | 2026-05-11 17:37 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 614 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 614. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited FICO of 614 is less than Guideline FICO of 650 Lender requires a min FICO of 650 per program guidelines, despite this requirement the qualifying FICO is 614. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong Marketing Trends. | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 503821 | Closed | 2026-05-08 10:44 | 2026-05-11 17:37 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong Marketing Trends | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 503821 | Closed | 2026-05-08 10:49 | 2026-05-11 17:37 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a 12-month rental payment history for the borrower's primary residence. Despite this requirement, the borrower lives rent free at the primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a 12-month rental payment history for the borrower's primary residence. Despite this requirement, the borrower lives rent free at the primary residence. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong Marketing trend. | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 230272 | Closed | 2026-05-08 09:54 | 2026-05-13 16:36 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 630 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 230272 | Closed | 2026-05-08 09:54 | 2026-05-13 16:36 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 230272 | Closed | 2026-05-08 10:10 | 2026-05-13 16:36 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower lives rent free. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 425974 | Closed | 2026-04-10 16:12 | 2026-05-12 15:15 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be rated a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/10/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be rated a B or non-material for S&P only. - Due Diligence Vendor-05/12/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 425974 | Closed | 2026-04-10 10:44 | 2026-04-23 12:21 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-04/23/2026 Open-Property type is ineligible due to The subject property meets the definition of rural per the lender guidelines.. The subject property meets the definition of rural per the lender guidelines. Lender provided approved exception dated prior to consummation but was approved as unmitigated - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/23/2026 |
XXX Loan Approval Form-XXXXXXXXX - XXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 425974 | Closed | 2026-04-10 10:51 | 2026-04-10 16:13 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Hazard Insurance Policy Partially Provided Missing evidence the policy was paid in full as required for a loan with no hazard insurance escrow account. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/10/2026 Waived-Hazard Insurance Policy Partially Provided Missing evidence the policy was paid in full as required for a loan with no hazard insurance escrow account. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/10/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 531627 | Closed | 2026-04-25 13:28 | 2026-04-30 10:40 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 635 is less than Guideline FICO of 650 . The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 635 is less than Guideline FICO of 650 . The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-04/25/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 834326 | Closed | 2026-05-08 08:51 | 2026-06-24 16:34 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOR has been given., but the Property address is Subject property. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOR has been given., but the Property address is Subject property. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 549907 | Closed | 2026-04-29 10:40 | 2026-05-20 09:45 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/20/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/20/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 252916 | Closed | 2026-05-13 07:28 | 2026-06-24 17:09 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/10/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/13/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/10/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 252916 | Closed | 2026-05-08 13:16 | 2026-05-13 16:50 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Policy does not meet guideline requirements. Guideline requires that the premium be paid in full prior to close; however, the policy is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Hazard Policy does not meet guideline requirements. Guideline requires that the premium be paid in full prior to close; however, the policy is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 252916 | Closed | 2026-05-13 07:18 | 2026-05-13 16:50 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Property type is ineligible due to Rural Property (Population < 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Property type is ineligible due to Rural Property (Population < 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 827354 | Closed | 2026-05-08 14:49 | 2026-05-14 15:44 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 4 months. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 4 months. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor Low LTV |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 827354 | Closed | 2026-05-08 13:32 | 2026-05-14 15:44 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower living in rent free., However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower living in rent free., However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 827354 | Closed | 2026-05-08 14:56 | 2026-05-14 15:44 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 As per guideline Minimum Loan Amount is $75000 but the audited Loan Amount is $XXXXX. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000 As per guideline Minimum Loan Amount is $75000 but the audited Loan Amount is $XXXXX. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/08/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 827354 | Closed | 2026-05-08 14:56 | 2026-05-14 15:44 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited FICO of 634 is less than Guideline FICO of 650 As per guideline our minimum FICO is 650 but Audited FICO is 634, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited FICO of 634 is less than Guideline FICO of 650 As per guideline our minimum FICO is 650 but Audited FICO is 634, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 537392 | Closed | 2026-05-19 11:54 | 2026-05-20 18:13 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/20/2026 Open-The subject loan was purchased recently. Per lender's guidelines, a recent purchase with less than 12 months seasoning is not allowed. The original purchase occurred within the last 3 months therefore acquisition cost plus any repairs should be used to calculate LTV. The file did not contain any validation of the purchase price or scope of work for any repairs/improvements. - Due Diligence Vendor-05/19/2026 |
Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX.pdf | Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 262864 | Closed | 2026-04-29 10:20 | 2026-05-11 16:22 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Open- - Due Diligence Vendor-04/30/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/11/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/29/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 516095 | Closed | 2026-06-24 17:18 | 2026-06-24 17:21 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 Open-The subject property is considered to be rural due a population of less than 25,000 and greater than 25 miles form a city with a population of 100,000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-06/24/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-06/24/2026 |
High FICO score | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 404769 | Closed | 2026-05-08 14:20 | 2026-06-24 17:23 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOM is missing from file and required per program guidelines and verification of rent is partial. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOM is missing from file and required per program guidelines and verification of rent is partial. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong DCR | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 606709 | Closed | 2026-05-13 06:43 | 2026-05-13 16:54 | Waived | 2 - Non-Material | Credit | Missing Doc | HO6 Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-HO-6 Insurance Policy Partially Provided Lender guidelines require a minimum of $1,000,000 personal liability coverage on a commercial property. Despite this requirement, the HO6 policy only includes coverage equal to $100,000. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-HO-6 Insurance Policy Partially Provided Lender guidelines require a minimum of $1,000,000 personal liability coverage on a commercial property. Despite this requirement, the HO6 policy only includes coverage equal to $XXX,XXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
High FICO score | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 504729 | Closed | 2026-04-27 13:22 | 2026-04-30 11:24 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 642 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited FICO of 642 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong Reserves Property Condition |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 504729 | Closed | 2026-04-27 13:40 | 2026-04-30 11:24 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Credit report does not have major mortgage accounts. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Credit report does not have major mortgage accounts. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong Reserves Property Condition |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 736909 | Closed | 2026-05-08 16:27 | 2026-05-13 13:18 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 619 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 619 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 324021 | Closed | 2026-05-08 14:21 | 2026-05-11 17:40 | Waived | 2 - Non-Material | Credit | Eligibility | Excessive Seller Contributions | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Lender guidelines allow maximum seller concessions of 3% for this transaction. According to the Final HUD, the borrower received 3.43% seller concessions. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Lender guidelines allow maximum seller concessions of 3% for this transaction. According to the Final HUD, the borrower received 3.43% seller concessions. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-05/08/2026 |
Strong Reserves | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 354993 | Closed | 2026-05-08 14:14 | 2026-05-14 16:16 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Verification of rent for the borrower's primary residence is missing. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Verification of rent for the borrower's primary residence is missing. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 947002 | Closed | 2026-05-11 17:41 | 2026-06-23 15:27 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/23/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 947002 | Closed | 2026-05-11 07:27 | 2026-05-11 17:41 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural Property. Population is less than 25,000 and property not located within 25 miles of a city with a population of 100,000 or more. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Property type is ineligible due to Rural Property. Population is less than 25,000 and property not located within 25 miles of a city with a population of 100,000 or more. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Low LTV Strong Marketing Trends |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 402301 | Closed | 2026-05-11 13:02 | 2026-06-23 15:47 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/20/2026 Counter-No document was provided. - Due Diligence Vendor-05/18/2026 Ready for Review-Corrected Uploaded - Buyer-05/18/2026 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be down graded a B or non- material - Due Diligence Vendor-05/20/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX-XXXXXXXX.pdf | low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 402301 | Closed | 2026-05-08 13:15 | 2026-05-19 08:21 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/18/2026 Open-Audited FICO of 635 is less than Guideline FICO of 650 - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX-XXXXXXXX.pdf | Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 577617 | Closed | 2026-05-12 11:42 | 2026-05-19 08:51 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/18/2026 Open-Hazard Insurance Policy Partially Provided Hazard Policy deductible does not meet lender guideline. Lender provided approved exception dated prior to consummation with a compensating factor of Low LTV. Low LTV is not a valid compensating factor as loan approved as Fast 50 with actual LTV of 50%. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 966116 | Closed | 2026-05-11 12:14 | 2026-06-18 16:22 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/18/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open- - Due Diligence Vendor-05/11/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 408931 | Closed | 2026-05-15 12:05 | 2026-05-19 15:27 | Waived | 2 - Non-Material | Credit | Eligibility | Commercial Debt Service Coverage Ratio below guideline minimum | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/19/2026 Waived-Commercial Debt Service Coverage Ratio of 0.757 is below guideline minimum of 1 for the purchase of a Traditional 2 owner user property. Lender provided approved exception dated prior to consummation and all lender compensating factors have need documented and validated. - Due Diligence Vendor-05/15/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/19/2026 Waived-Commercial Debt Service Coverage Ratio of 0.757 is below guideline minimum of 1 for the purchase of a Traditional 2 owner user property. Lender provided approved exception dated prior to consummation and all lender compensating factors have need documented and validated. - Due Diligence Vendor-05/15/2026 |
Strong Reserves Seasoned Investor |
XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 624415 | Closed | 2026-04-29 10:04 | 2026-05-12 09:34 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Ready for Review-Document Uploaded. Exception noted on uploaded approval - Buyer-05/09/2026 Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. - Due Diligence Vendor-04/29/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXX (1).pdf | Strong reserves | XX | Other | Purchase | NA | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 624415 | Closed | 2026-04-28 15:38 | 2026-04-30 11:26 | Waived | 2 - Non-Material | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Expectation provided for First time Investor However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/28/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/30/2026 Waived-Audited LTV of 70% exceeds Guideline LTV of 65% Expectation provided for First time Investor However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-04/28/2026 |
Strong Reserves | XX | Other | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 778379 | Closed | 2026-05-14 16:22 | 2026-06-10 16:07 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged- - Due Diligence Vendor-06/10/2026 Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 Open-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/14/2026 |
Rescinded-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-05/28/2026 |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 780562 | Closed | 2026-05-11 10:53 | 2026-06-10 09:01 | Acknowledged | 1 - Information | Property | Value | S&P value equals B, secondary product within tolerance | Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Open- - Due Diligence Vendor-05/11/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
Acknowledged-CDA with sufficient value provided as a secondary review product. The finding will be graded a B or non-material for S&P only. - Due Diligence Vendor-06/10/2026 Acknowledged-S&P RA Only - Value grade equals B, secondary product within tolerance. This finding will be rated a B for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/11/2026 |
XX | Investment | Purchase | NA | XXXX | Originator Post-Close | No | |||||
| XXXXXX | XXXXXX | 780562 | Closed | 2026-05-08 15:12 | 2026-05-11 17:46 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require a 12-month payment history for the borrower's primary residence. Despite this requirement, the primary residence is verified to be in the name of the borrower's spouse, and a payment history was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender guidelines require a 12-month payment history for the borrower's primary residence. Despite this requirement, the primary residence is verified to be in the name of the borrower's spouse, and a payment history was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Strong Reserves High FICO |
XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 727136 | Closed | 2026-05-10 07:22 | 2026-05-14 16:31 | Waived | 2 - Non-Material | Credit | Missing Doc | Missing VOM or VOR | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The loan file is missing a VOR for the borrower's primary residence. A rent-free letter was provided but is not accounted for in the GL requirements. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. The loan file is missing a VOR for the borrower's primary residence. A rent-free letter was provided but is not accounted for in the GL requirements. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/10/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 727136 | Closed | 2026-05-08 16:15 | 2026-05-14 16:31 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited FICO of 521 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Audited FICO of 521 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 872525 | Closed | 2026-05-12 14:49 | 2026-05-13 17:01 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard insurance does not meet guideline requirements. Guideline requires policy premium to be paid in full at close; however, the policy premium is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard insurance does not meet guideline requirements. Guideline requires policy premium to be paid in full at close; however, the policy premium is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/12/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 344830 | Closed | 2026-05-08 16:20 | 2026-05-13 17:03 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 641 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Audited FICO of 641 is less than Guideline FICO of 650 . Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 344830 | Closed | 2026-05-13 09:06 | 2026-05-13 17:03 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Property type is ineligible due to Rural Property (Population less than 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Property type is ineligible due to Rural Property (Population less than 25,000 and not within a 25-mile radius of a city with a population of 100,000 or more). Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/13/2026 |
Low LTV | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 344830 | Closed | 2026-05-08 16:23 | 2026-05-13 17:03 | Waived | 2 - Non-Material | Credit | Missing Doc | Hazard Insurance Policy is Partial | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Hazard policy does not meet guideline requirements. Premium was not paid in full but is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Hazard Insurance Policy Partially Provided Hazard policy does not meet guideline requirements. Premium was not paid in full but is paid on a payment plan. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 720033 | Closed | 2026-04-27 05:39 | 2026-04-27 16:45 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited FICO of 646 is less than Guideline FICO of 650 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong DCR | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 720033 | Closed | 2026-04-27 05:39 | 2026-04-27 16:44 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $100000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $100000 Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong DCR | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 720033 | Closed | 2026-04-27 05:45 | 2026-04-27 16:44 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Credit Tradelines doesn't meet the guideline. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Credit Tradelines doesn't meet the guideline. However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-04/27/2026 |
Strong DCR | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 720033 | Closed | 2026-04-27 05:44 | 2026-04-27 16:44 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Rent free letter provided for primary address. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-04/27/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Rent free letter provided for primary address. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/27/2026 |
Strong DCR | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 471269 | Closed | 2026-05-08 17:55 | 2026-05-11 17:47 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a VOR form a management company, or cancelled checks form the borrower for the most recent 12 months. Despite this requirement, the VOR provided appears to have been completed by a private party and no evidence of the required pay history was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/11/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require a VOR form a management company, or cancelled checks form the borrower for the most recent 12 months. Despite this requirement, the VOR provided appears to have been completed by a private party and no evidence of the required pay history was provided. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
High FICO | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 441032 | Closed | 2026-05-11 15:24 | 2026-05-13 13:34 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require q 12 month payment history for the borrower's primary residence. Despite this requirement, no history was available as the primary residence is owned by the borrower's spouse. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/13/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Lender guidelines require q 12 month payment history for the borrower's primary residence. Despite this requirement, no history was available as the primary residence is owned by the borrower's spouse. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/11/2026 |
High FICO Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 406465 | Closed | 2026-05-10 09:08 | 2026-05-19 11:04 | Waived | 2 - Non-Material | Credit | Eligibility | Ineligible Property Type | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Ready for Review-Document Uploaded. Corrected Uploaded - Buyer-05/18/2026 Open-Property type is ineligible due to Rural properties are not eligible collateral. An exception was granted however the compensating factor of low LTV is not valid. - Due Diligence Vendor-05/10/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 |
XXX Loan Approval Form-XXXXXXXXXXX - XXXXXX.pdf | Excess equity | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | |||
| XXXXXX | XXXXXX | 166479 | Closed | 2026-05-12 13:52 | 2026-05-18 10:26 | Waived | 2 - Non-Material | Credit | Eligibility | Audited FICO is less than Guideline FICO | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Waived-Audited FICO of 629 is less than Guideline FICO of 650 As per Guideline requirement is minimum FICO 650 However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Waived-Audited FICO of 629 is less than Guideline FICO of 650 As per Guideline requirement is minimum FICO 650 However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/12/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 166479 | Closed | 2026-05-12 13:33 | 2026-05-18 10:26 | Waived | 2 - Non-Material | Credit | Eligibility | Trade line count does not meet program requirements | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Waived-As per Guideline requirement minimum 2 Tradelines is required However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/12/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/18/2026 Waived-As per Guideline requirement minimum 2 Tradelines is required However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated - Due Diligence Vendor-05/12/2026 |
Low LTV Seasoned Investor |
XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 714213 | Closed | 2026-05-09 09:58 | 2026-06-22 12:17 | Acknowledged | 2 - Non-Material | Property | Property Issue | Property Condition Does Not Meet Requirements | Acknowledged-Escrow holdback for the repairs collected, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 Ready for Review-Document Uploaded. Appraisal made as-is and the property condition is considered in the value/LTV. VCC completed a 365-day holdback for $XX,XXX to remedy the following issues: Remedy dampness in basement, fix all exposed wiring, install railing across rear step, install missing flooring, repair/replace drywall and paint, install oven. With the holdback agreement in place XXX felt comfortable proceeding. The borrower is expected to complete all of the repairs within their holdback period. - Buyer-06/18/2026 Open-Property Condition Does Not Meet Requirements. The property is C5 condition. The basement has dampness. One of the areas in the basement with dampness is near a pipe. An inspection/certification by a professional is needed. There were exposed wires in multiple areas of the property. All of these areas need to have a fixture installed or wires properly secured. The estimated cost to cure is $X,XXX. There rear steps need a railing. The estimated cost to cure is $XXX. There were areas of missing flooring. The estimated cost to cure is $XX,XXX. - Due Diligence Vendor-05/09/2026 |
Acknowledged-Escrow holdback for the repairs collected, the finding will be graded a B or non-material. - Due Diligence Vendor-06/22/2026 |
Final HUD of Final Settlement Statement (1).pdf Repair Holdback and Security Instrument (2).pdf |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Post-Close | No | ||||
| XXXXXX | XXXXXX | 714213 | Closed | 2026-05-09 08:50 | 2026-05-14 16:48 | Waived | 2 - Non-Material | Credit | Eligibility | Seasoning Requirements Not Met | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 7 months. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/09/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-The subject loan was refinanced recently. Per lender's guidelines, a frequent refinance with less than 12 months seasoning is not allowed. A refinance occurred within the last 7 months. The Lender provided an approved exception dated prior to consummation and all compensating factors have been verified. - Due Diligence Vendor-05/09/2026 |
High FICO Seasoned Investor |
XX | Other | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 108231 | Closed | 2026-05-08 11:52 | 2026-05-12 17:02 | Waived | 2 - Non-Material | Credit | Eligibility | Audited Loan Amount is less than Guideline Minimum Loan Amount | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/12/2026 Waived-Audited Loan Amount of $XXXXX is less than the Guideline Minimum Loan Amount of $75000, However, the lender provided an approved exception dated prior to consummation, and all compensating factors were validated. - Due Diligence Vendor-05/08/2026 |
Strong Marketing Trends | XX | Investment | Purchase | NA | XXXX | Originator Pre-Close | Yes | ||||
| XXXXXX | XXXXXX | 873928 | Closed | 2026-05-08 10:25 | 2026-05-14 17:01 | Waived | 2 - Non-Material | Credit | Borrower | Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete | Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Rent free letter provided for primary address. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Waived-Exception granted, the finding will be graded a B or non-material. - Due Diligence Vendor-05/14/2026 Waived-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Rent free letter provided for primary address. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/08/2026 |
Seasoned Investor | XX | Investment | Refinance | Cash Out - Other | XXXX | Originator Pre-Close | Yes |