MORGAN STANLEY CAPITAL I INC. ABS-15G
Exhibit 99.2 - Schedule 1
Exception Grades
Run Date - 7/6/2026 6:01:36 PM
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| [Redact] | 9858024 | [Redact] | 35300748 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Borrowers current address is [Redacted]mortgage [Redacted] #[Redacted], not in name of Borrower. [Redacted] and [Redacted] payments per mtg statement but mortgage amount $[Redacted] on [Redacted] paid by Borrower[Redacted] as per Bank statement and [Redacted] per Bank statement. [Redacted] months per pay history by Non borrower [Redacted] from[Redacted]-[Redacted]. Missing payments from [Redacted]-current or an LOE for Borrowers living situation. | Reviewer Comment (2025-12-11): Noted. As per guide, all housing history is required for mortgages reflecting on credit report. All mortgages reflecting on credit report meets guide requirement. Exception cleared. Buyer Comment (2025-12-09): LOX Reviewer Comment (2025-12-04): Unable to understand documentation provided, Buyer Comment (2025-12-02): mortgage stmt, settlement agreement and LOX |
12/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | D | A | N/A | No | ||||||||||||
| [Redact] | 9858024 | [Redact] | 35300750 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | The file is missing a copy of the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Received CU Score less than [Redacted] CDA not require per Guideline. Exception Cleared Buyer Comment (2025-12-01): UCDP |
12/02/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | D | A | N/A | No | ||||||||||||
| [Redact] | 9858024 | [Redact] | 35300752 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | CPA letter is missing for Funds from Business Account #[Redacted]. | Reviewer Comment (2025-12-04): Received Corporate resolution and Articles of incorporation confirmed Borrower is [Redacted]% owner. Acceptable per Guideline. CPA not require. Exception Cleared Buyer Comment (2025-12-02): [Redacted] [Redacted]% owner |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | D | A | N/A | No | ||||||||||||
| [Redact] | 9858024 | [Redact] | 35300753 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | DSCR Calculation Worksheet is missing with DSCR ratio. | Reviewer Comment (2025-12-04): Received DSCR Calculation worksheet. Exception Cleared Buyer Comment (2025-12-02): income worksheet |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | D | A | N/A | No | ||||||||||||
| [Redact] | 9858024 | [Redact] | 35300754 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Missing a Fraud Report. | Reviewer Comment (2025-12-02): Received Fraud Report Exception cleared Buyer Comment (2025-12-01): Fraud report |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | D | A | N/A | No | ||||||||||||
| [Redact] | 9848690 | [Redact] | 35367760 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report is missing for [Redacted], a [Redacted]. | Reviewer Comment (2025-12-16): Received Business entity Fraud Report. exception Cleared Buyer Comment (2025-12-12): Fraud report |
12/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 9848690 | [Redact] | 35367762 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | DSCR Calculation Worksheet is missing. | Reviewer Comment (2025-11-26): Provided. Buyer Comment (2025-11-24): DSCR Calculation worksheet |
11/26/2025 | No | 1 | C | A | C | A | C | A | C | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 9848690 | [Redact] | 35367763 | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance covering a minimum of 6 months is required for the subject property. | Reviewer Comment (2025-11-20): Noted. email from insurance company subject has [Redacted] for loss of use coverage. exception cleared. Buyer Comment (2025-11-19): Loss of Use is included in the policy |
11/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 9850334 | [Redact] | 35367764 | Credit | Investment Product | General Exception | Investment Product | Security Instrument Error: Assignment of Leases/Rents is not in the file and required by guidelines | - | Assignment of Leases/Rents missing in file. | Reviewer Comment (2025-11-24): Noted : Assignment of Leases/Rents exception cleared. |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 9850334 | [Redact] | 35367765 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Verification of housing history for the following mortgages reflecting on credit report are required until [Redacted]: [Redacted] #[Redacted] #[Redacted]; [Redacted]/Serv #[Redacted] and [Redacted] #[Redacted].all these mortgages DLA reflects [Redacted]. |
Reviewer Comment (2025-12-10): Provided Credit supplement reflects DLA of [Redacted]. Exception Cleared Buyer Comment (2025-12-09): Please see attached Reviewer Comment (2025-11-28): Received same Credit supplement, Require Verification for [Redacted] #[Redacted] #[Redacted]; [Redacted]/[Redacted] #[Redacted]and [Redacted] [Redacted] #[Redacted].all these mortgages DLA reflects [Redacted]. Exception Remains Buyer Comment (2025-11-25): Please see attached |
12/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 9850334 | [Redact] | 35367768 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument for Subject Lien is missing in file. | Reviewer Comment (2025-11-24): Noted : Security Instrument. exception cleared. Buyer Comment (2025-11-20): Security Instrument |
11/24/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 9850334 | [Redact] | 35367769 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate with annual Tax as $[Redacted] / $[Redacted] monthly is missing in file. | Reviewer Comment (2025-12-12): Tax cert and new DSCR calcs provided. Buyer Comment (2025-12-12): Seller is stating they updated the subject PITIA to $[Redacted], see updated 1008 [Redacted]. Advise if we need anything additional Reviewer Comment (2025-12-10): Again provided the same tax certificate, required updated tax certificate reflecting monthly amount of $[Redacted for subject property. Exception remains Buyer Comment (2025-12-09): Please see attached |
12/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10101634 | [Redact] | [Redact] | 35452456 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-23): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-16): collateral delivered [Redacted]via [Redacted] tracking [Redacted] |
03/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10101634 | [Redact] | [Redact] | 36089475 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | Monthly P&I does not agree with Schedule SCH: [Redacted] NOTE:[Redacted] | Buyer Comment (2026-03-23): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-18): Please match the schedule to the note. |
03/23/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10104527 | [Redact] | [Redact] | 35498518 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-23): Collateral delivered on [Redacted]via [Redacted] tracking number [Redacted] |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10104527 | [Redact] | [Redact] | 36105541 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | 03/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 35589231 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-26): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-24): attached |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 36100262 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-03-19): Client elected to waive the condition on the Non-QM 1st lien |
03/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 36100304 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Preliminary in file. | 03/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 36100384 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | Reviewer Comment (2026-03-29): Revised declarations section for the co-borrower provided Seller Comment (2026-03-27): attached corrected 1003 Seller Comment (2026-03-26): attached lender memo Reviewer Comment (2026-03-25): Please provide an attestation from the borrowers stating that it was an error and that they do not intend to occupy the property. Seller Comment (2026-03-24): Regarding occupancy, this is a n/o/o transaction. There is a glitch in [Redacted] that changes the dec section for the [Redacted] to occupying when the loan is locked. I have changed it back. The borrowers are not occupying the subject property. |
03/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 36100443 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[Redacted]. Provide updated policy reflecting minimum coverage of Original Loan Amount $[Redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount |
Reviewer Comment (2026-03-25): Received updated hazard insurance policy. Exception Cleared. Seller Comment (2026-03-24): attached Seller Comment (2026-03-24): Based on the RCE in the file, we have sufficient coverage. The policy they are saying is short was the previous policy to show that the rent loss is at [Redacted]months. The updated policy shows sufficient coverage of $[Redacted] with the RCE at [Redacted]. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10107476 | [Redact] | [Redact] | 36100942 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - High Cost as Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). If tested as primary residence, loan exceeds one or more high cost thresholds. | The borrower selected "yes" they will occupy the property as their primary residence in the declarations section of the initial 1003 | Reviewer Comment (2026-04-02): Attestation from borrower provided. Client elected to waive the condition. Reviewer Comment (2026-04-02): Re-graded to EV2-B based on attestation from borrower and documentation in file indicating investment occupancy, which would not be eligible for high cost or higher priced testing. Seller Comment (2026-03-31): attached Seller Comment (2026-03-31): corrected 1003 initialed by borr Reviewer Comment (2026-03-29): The revised 1003 and the lender explanation will not clear this condition. The loan failed High Cost testing when tested as a primary residence. In order to consider a downgrade of the condition, an attestation from the BORROWER(s) detailing the reason for the error in the declarations section of the 1003 and confirming the occupancy is required. Condition is valid and remains open Seller Comment (2026-03-27): corrected 1003 Seller Comment (2026-03-27): Disregard the request for a downgrade Seller Comment (2026-03-26): Request a downgrade to a [Redacted] with comp factors, lender accepts downgrade Reviewer Comment (2026-03-25): Please provide an attestation from the borrowers stating that it was an error and that they do not intend to occupy the property. Seller Comment (2026-03-24): Regarding occupancy, this is a n/o/o transaction. There is a glitch in [Redacted] that changes the dec section for the [Redacted] to occupying when the loan is locked. I have changed it back. The borrowers are not occupying the subject property. |
04/02/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | C | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10142497 | [Redact] | [Redact] | 35642427 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | B | B | B | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10142497 | [Redact] | [Redact] | 36093031 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | 03/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | B | B | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [Redact] | 10142497 | [Redact] | [Redact] | 36095738 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points were last disclosed as $[Redacted] on LE but disclosed as $[Redacted] on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-03-23): [Redact] Received lock dated [Redacted] along with revised CD. Seller Comment (2026-03-20): [Redacted] [Redacted] On[Redacted] there was a relock on the file that caused pricing to increase. On wholesale loans lock actions are acceptable changes and circumstance. A Closing Disclosure went out to the Borrower on the same day. Final Cost to the Borrower of [Redacted] or [Redacted]Please see attached lock confirmation and Closing Disclosure. Seller Comment (2026-03-20): [Redacted] [Redacted] On[Redacted] there was a relock on the file that caused pricing to increase. On wholesale loans lock actions are acceptable changes and circumstance. A Closing Disclosure went out to the Borrower on the same day. Final Cost to the Borrower of [Redacted]% or [Redacted] Please see attached lock confirmation and Closing Disclosure. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||
| [Redact] | 10142497 | [Redact] | [Redact] | 36095739 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Second Appraisal Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-03-23): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Seller Comment (2026-03-20): [Redacted] [Redacted]Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Appraisal Fee. Seller Comment (2026-03-20): [Redacted] [Redacted] Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Appraisal Fee. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||
| [Redact] | 10142497 | [Redact] | [Redact] | 36114486 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-03-23): Sufficient Cure Provided At Closing |
03/23/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | C | B | B | B | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||||||
| [Redact] | 10149323 | [Redact] | [Redact] | 35714516 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-30): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-27): Collateral delivered on [Redacted] via [Redacted] tracking number [Redacted] |
03/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10151845 | [Redact] | [Redact] | 35755332 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-11): Waived on Rate Lock: Collateral cleared by Custodian |
03/11/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10151845 | [Redact] | [Redact] | 35999763 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Loan Origination Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-03-17): [Redacted] Received Valid COC dated [Redacted]. Seller Comment (2026-03-16): [Redacted] [Redacted] On[Redacted] the borrower requested to change to Borrower paid Comp to reduce discount points causing pricing to go from [Redacted]or [Redacted] to [Redacted] or [Redacted]. On[Redacted]a Closing disclosure went out to the borrower to redisclose the Discount points becoming a charge for the rate at $[Redacted]. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. Seller Comment (2026-03-16): [Redacted] [Redacted] On [Redacted] the borrower requested to change to Borrower paid Comp to reduce discount points causing pricing to go from [Redacted] or [Redacted] to [Redacted] or [Redacted]. On [Redacted] a Closing disclosure went out to the borrower to redisclose the Discount points becoming a charge for the rate at [Redacted]. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. Seller Comment (2026-03-16): [Redacted] [Redacted] On [Redacted] the borrower requested to change to Borrower paid Comp to reduce discount points causing pricing to go from [Redacted] or [Redacted] to [Redacted] or [Redacted]. On [Redacted] a Closing disclosure went out to the borrower to redisclose the Discount points becoming a charge for the rate at $[Redacted]. Please see attached Closing disclosures, rate lock confirmation forms, and Change of Circumstance form. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||
| [Redact] | 10153412 | [Redact] | [Redact] | 35763398 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-18): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-17): Collateral delivered on [Redacted] via[Redacted]tracking number [Redacted]. |
03/18/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10154399 | [Redact] | [Redact] | 35773981 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-17): Waived on Rate Lock: Collateral cleared by Custodian |
03/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10155401 | [Redact] | [Redact] | 35795790 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-23): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-20): Collateral delivered on [Redacted] via[Redacted] tracking number [Redacted] |
03/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10155401 | [Redact] | [Redact] | 36075070 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | 03/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155401 | [Redact] | [Redact] | 36075071 | Compliance | Compliance | State Compliance | State Defect | [Redact] SB270 Prepayment Penalty Test 2009 Investment Test | [Redacted]: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. | Reviewer Comment (2026-03-24): Client elected to waive the condition. Note: it is the client's interpretation that prepayment penalty in [Redacted] is allowable under law. Reviewer Comment (2026-03-20): Client to review and advise if they wish to waive exception. Seller Comment (2026-03-19): Please push this to the Buyer for review |
03/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155793 | [Redact] | [Redact] | 35796040 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-24): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-23): Collateral delivered on [Redacted] via [Redacted]tracking number [Redacted] |
03/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10155867 | [Redact] | [Redact] | 35797126 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-30): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-28): (Rate Lock) [Redacted] |
04/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10155867 | [Redact] | [Redact] | 36352287 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The subject is new construction in a [Redacted] condo project. Phases [Redacted] do not have Temporary Certificates of Occupancy (TCOs). Lender exception approval in file; however the file is missing the client's fully executed exception approval. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [Redacted]%. The Loan to Value (LTV) on the loan is less than or equal to [Redacted]%. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. The representative FICO score is above [Redacted]. |
LTV: [Redacted] where [Redacted] is maximum Post close reserves $[Redacted]. where $[Redacted] ([Redacted]) |
[Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] Originator Pre-Close,Aggregator,[Redact] [Redact] [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-14): Client elected to waive the condition with the following Compensating Factors: LTV: [Redacted] where [Redacted] is maximum Post close reserves [Redacted]. where [Redacted] [Redacted]Credit Depth: Mortgage history [Redacted] years trade history [Redacted] years paid as agreed. Seller Comment (2026-05-12): Attached the Approved [Redacted] Exception. Please Waive. |
05/14/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redact] | 10106737 | [Redact] | 35934383 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | File is missing Business purpose document. | Reviewer Comment (2026-03-04): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-03): Business purpose affidavit uploaded |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106737 | [Redact] | 35934384 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | File is missing Guarantee Agreement document. | Reviewer Comment (2026-03-12): Received and associated Guarantor Agreement. Exception cleared. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-04): Received Operating Agreement required Guarantor Agreement . Exception Remains. Seller Comment (2026-03-03): OA uploaded |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106737 | [Redact] | 35934391 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Loan is to be securitized. Secondary valuation is missing. | Reviewer Comment (2026-03-26): Received BPO. Exception cleared. Seller Comment (2026-03-24): underwriting used the lower of purchase price, appraisal value and BPO value, in this case, BPO was the lower of value at [Redacted], resulting in [Redacted] LTV. Reviewer Comment (2026-03-17): Received BPO and does not support the value used to qualify. Please Provide Secondary Valuation required for Securitization purposes. Exception Remains. Seller Comment (2026-03-17): Secondary Report Uploaded. Reviewer Comment (2026-03-04): Secondary valuation not received. Exception remains. Seller Comment (2026-03-03): BPO |
03/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106737 | [Redact] | 35938873 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-19): Tax worksheet provided. Reviewer Comment (2026-03-04): Received the Tax Certificate doesn't not matching with Final HUD. However, the final HUD reflects property taxes of [Redacted] per month. Please provide a corrected HUD or supporting documentation to verify the monthly tax amount of [Redacted]. Exception Remains Seller Comment (2026-03-03): Tax cert uploaded |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106738 | [Redact] | 35939817 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The representative FICO score exceeds the guideline minimum by [Redacted] points. |
Client elects to waive with compensating factors. Client elects to waive with compensating factors. |
Originator,Aggregator,[Redact] Originator,Aggregator |
Reviewer Comment (2026-03-30): Client elects to waive with compensating factors. Seller Comment (2026-03-24): Flipping to [Redacted] to review Seller Comment (2026-03-24): Lender Exception Uploaded. Seller Comment (2026-03-24): lender exception approval Reviewer Comment (2026-03-18): A FICO score of [Redacted] is required for[Redacted]LTV per the matrix. Nowhere in the guidelines does it state that there is a[Redacted] LTV increase allowed for a [Redacted]x DSCR. Exception remains Seller Comment (2026-03-17): This was approved via Credit Exception based on the following strengths/mitigating factors: 1) [Redacted] actual mid FICO less than [Redacted] FICO score variance from [Redacted]-FICO, 2) [Redacted] verified liquidity, 3) [Redacted] net worth |
03/30/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10106743 | [Redact] | 35889381 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer identification Number document is missing in the file. | Reviewer Comment (2026-03-02): Received and associated W-9 with Employer Identification Number (EIN). Exception cleared. Seller Comment (2026-02-27): EIN attached |
03/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106761 | [Redact] | 36169141 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-30): Received Tax Certificate. Exception Cleared. Seller Comment (2026-03-28): uploaded |
03/30/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106762 | [Redact] | 35850224 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Missing documentation to verify borrower(s) have access to business funds for [Redacted]. | Reviewer Comment (2026-03-02): Proof of access to the funds provided Seller Comment (2026-03-02): Bank Statement Seller Comment (2026-03-02): [Redacted] |
03/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106762 | [Redact] | 36169238 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-30): Received Tax Certificate. Exception Cleared. Seller Comment (2026-03-28): uploaded |
03/30/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106765 | [Redact] | 35925389 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Copy of Guarantor Agreement not provided. | Reviewer Comment (2026-03-16): Received and associated Guarantor Agreement. Exception Cleared. |
03/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106765 | [Redact] | 35925392 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien not provided. | Reviewer Comment (2026-03-16): Received and associated Security Instrument. Exception Cleared. |
03/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106765 | [Redact] | 35925581 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation not provided. | Reviewer Comment (2026-03-18): Received and associated Articles of Organization/Formation. Exception cleared. Seller Comment (2026-03-17): Original Articles, and Articles showing proof of name change to closing entity uploaded. Please clear. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106765 | [Redact] | 35925683 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated loan to value percentage of [Redacted]% exceeds Guideline loan to value percentage of [Redacted]% due to [Redacted]% LTV reduction for Section [Redacted] tenants. | The qualifying DSCR on the loan is greater than the guideline minimum. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. |
Client elects to waive with compensating factors. Client elects to waive with compensating factors. |
Originator,Aggregator Originator,Aggregator,[Redact] |
Reviewer Comment (2026-03-30): Client elects to waive with compensating factors. Reviewer Comment (2026-03-24): Elevated to the client for review. Lender exception approval provided. Seller Comment (2026-03-24): AW Internal Exception Uploaded. Please escalate to buyer to review. Reviewer Comment (2026-03-18): A FICO score of [Redacted] is required for[Redacted] LTV per the matrix. Nowhere in the guidelines does it state that there is a[Redacted] LTV increase allowed for a[Redacted] DSCR. Exception remains Seller Comment (2026-03-17): This was approved via Credit Exception based on the following strengths/mitigating factors: 1) [Redacted] mid FICO, 2)[Redacted] DSCR, 3) [Redacted] verified liquidity, 4) [Redacted] net worth, 5) experienced sponsor with [Redacted]rental properties held. |
03/30/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||
| [Redact] | 10106770 | [Redact] | 35905950 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-03): Received the associated Tax Certificate showing an annual amount of [Redacted]. Exception Cleared. Seller Comment (2026-03-02): The subject property is purchase and pending updated tax cert typically based on the purchase price. UW conservatively calculated the property taxes based off the estimated reassessed value using the appraisal value and the tax rate for future taxes. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106772 | [Redact] | 35936069 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 not provided. | Reviewer Comment (2026-03-20): Credit Application provided for borrower. Exception cleared. Seller Comment (2026-03-20): Uploading the [Redacted] to prove this is a single member [Redacted]. [Redacted] is just the spouse so we didn't need to have [Redacted] sign the Loan App. First the exception was, the 1003 you guys have is not dated the same date as the loan documents. We then cleared that exception by pointing out that this is a TRID/RESPA consumer rule. Then the comment changed to: we don't have an app for [Redacted]. Given the above, please clear. Reviewer Comment (2026-03-19): Received Credit Application only for [Redacted]. Please provide credit application for [Redacted]. Exception Remains. Seller Comment (2026-03-18): This requirement is a Consumer based requirement for consumer mortgage loans. We do not have 1003s. We have Business Purpose Loan Applications. Since we are not a consumer lender, the rules of TRID/RESPA do not apply which is where the rule you are citing is coming from. Furthermore, all other business purpose loan applications we have submitted to date have been cleared and this one is no different. Please waive and speak with the Buyer. Reviewer Comment (2026-03-17): Received the credit application signed on [Redacted]. However, the credit application is required as of the consummation date. Exception Remains Seller Comment (2026-03-17): Loan App & Credit Reports Uploaded. Please clear. Reviewer Comment (2026-03-12): Final 1003 or credit application required on the consummation date. Exception remains. Seller Comment (2026-03-11): Document |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106772 | [Redact] | 35936844 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement not provided. | Reviewer Comment (2026-03-17): Received and associated Guarantor Agreement. Exception cleared. Seller Comment (2026-03-17): Uploaded. |
03/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106772 | [Redact] | 35937377 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement not provided reflecting updated ownership interest | Reviewer Comment (2026-03-12): Received and associated Operating Agreement. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106777 | [Redact] | 35847451 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Title preliminary document is missing in the file | Reviewer Comment (2026-03-03): Received and associated Title Preliminary. Exception cleared. Seller Comment (2026-03-02): Title |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106777 | [Redact] | 35847452 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file is missing a copy of the credit application for the guarantor(s) | Reviewer Comment (2026-03-02): Received and associated 1003. Exception cleared. Seller Comment (2026-02-27): Loan application attached |
03/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106777 | [Redact] | 35847508 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Evidence of title is missing in the file | Reviewer Comment (2026-03-12): Received and associated Title Commitment with title policy amount [Redacted]. Exception cleared. Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-02): Title final is showing the title insured amount as '[Redacted], also vested in is not showing the borrower [Redacted] [Redacted]' name. Please provide the corrected copy of final title policy. Seller Comment (2026-02-27): Title policy attached |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106777 | [Redact] | 35866503 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing protection letter was not provided | Reviewer Comment (2026-03-03): Received and associated Closing Protection Letter. Exception cleared. Seller Comment (2026-03-02): CPL |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106786 | [Redact] | 35861898 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a Cash Out Refinance with a score < [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-17): Guidelines allow us to use an [Redacted] LTV for FICO score [Redacted]. Exception Cleared. Seller Comment (2026-03-17): Guidelines provided [Redacted] support this. Exception should be cleared based on [Redacted] LTV allowable for[Redacted] FICO with >[Redacted] DSCR, actual [Redacted] DSCR Reviewer Comment (2026-03-02): Guidelines provided for review do not have additional tolerances to allow a [Redacted] increase in LTV with a DSCR >[Redacted]. The condition is valid and remains open Seller Comment (2026-03-02): Guidelines: [Redacted] FICOs: >[Redacted] DSCR [Redacted] increase in LTV |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106788 | [Redact] | 35891668 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing from file. Lender to provide tax certificate supporting value used to qualify. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-03): The provided Tax Certificate reflects an amount of[Redacted] while the Final HUD lists the tax amount as[Redacted]. Please provide supporting documentation for the additional [Redacted] tax payment or supply an updated Final HUD reflecting the corrected amount. Exception remains Seller Comment (2026-03-02): Tax Cert |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106789 | [Redact] | 35872502 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing from file. Lender to provide tax certificate supporting value used to qualify. | Reviewer Comment (2026-03-20): Received Tax Certificate. Exception cleared. Seller Comment (2026-03-20): uploaded Reviewer Comment (2026-03-19): Please provide lender Tax Calculation Worksheet to support monthly taxes of[Redacted]. Reviewer Comment (2026-03-13): Received same tax calculation sheet showing[Redacted], however[Redacted] (Page [Redacted]) was used for the qualification which is higher than the tax certificate and tax calculation sheet [Redacted]. Please provide the tax certificate for remaining tax amount [Redacted]. Exception Remains. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-04): Received tax certificate showing the lower tax amount[Redacted], however [Redacted] (Page [Redacted]) was used for the qualification which is higher than the tax certificate and tax calculation sheet [Redacted] Please provide the tax certificate for remaining tax amount [Redacted]. Exception Remains. Seller Comment (2026-03-03): Tax Cert. was uploaded, and per final HUD property taxes of[Redacted]/month is higher than actual annual taxes. Not sure why exception remains. Reviewer Comment (2026-03-03): Received the Tax Certificate showing an annual amount of [Redacted]; however, the final HUD reflects Property Taxes of [Redacted] per month. Required a corrected HUD or supporting documentation to verify the tax amount of[Redacted] per month. Exception Remains. Seller Comment (2026-03-02): The subject property is purchase and pending updated tax cert typically based on the purchase price. UW conservatively calculated the property taxes based off the estimated reassessed value using the appraisal value and the tax rate for future taxes. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106801 | [Redact] | 35890275 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax Certificate was not available in file. | Reviewer Comment (2026-03-04): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-03): Tax Cert Uploaded |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106801 | [Redact] | 35890318 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Title final/commitment is missing. | Reviewer Comment (2026-03-04): Received and associated Title Preliminary. Exception cleared. Seller Comment (2026-03-03): Title policy and report uploaded |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106801 | [Redact] | 35890320 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Final Title policy is not available in file. | Reviewer Comment (2026-03-04): Received and associated Title Final. Exception cleared. Seller Comment (2026-03-03): Refer to other exception to review title policy and report. |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106804 | [Redact] | 35927415 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | - | Loan is to be securitized. Secondary valuation is missing | Reviewer Comment (2026-03-12): Received and associated desk review Secondary valuation. Exception cleared. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-04): Please provide Secondary Valuation required for Securitization purposes for "[Redacted] [Redacted]". Exception Remains. Seller Comment (2026-03-03): respective secondaries uploaded. Please clear |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Purchase | D | A | D | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106804 | [Redact] | 35927431 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | The file is missing a copy of the Purchase Agreement / Sales Contract. | Reviewer Comment (2026-03-04): Received and associated Purchase Agreement / Sales Contract. Exception cleared. Seller Comment (2026-03-03): [Redacted] uploaded Seller Comment (2026-03-03): Purchase Agreement Uploaded |
03/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106804 | [Redact] | 35927438 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | The file is missing a copy of the Title Preliminary. | Reviewer Comment (2026-03-20): Confirmed Legal matches Deed and Final Title provided. Exception cleared. Seller Comment (2026-03-20): [Redacted] proposes we discuss with [Redacted] and Purchaser. We have uploaded the Recorded Security Instrument, the Preliminary Report and the Final Title Policy. The legal description aligns in ALL of these documents which align with the recorded security instrument that lists the property address. If you click the link on Schedule B Legal Description, it shows you the plot maps on [Redacted] for the continugous lots. The property address CAN be verified by these documents. Reviewer Comment (2026-03-18): Received the title commitment; however, the property address cannot be verified. Exception Remains. Seller Comment (2026-03-17): title report Reviewer Comment (2026-03-04): We have received the Title Final; however, the Title Preliminary is required. The exception remains Seller Comment (2026-03-03): Title uploaded |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106804 | [Redact] | 35935864 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. [Redacted] Tax Certificates were provided. Missing [Redacted] for all properties. | Reviewer Comment (2026-03-20): Tax Calc Worksheet provided. Exception cleared. Seller Comment (2026-03-20): uploading again Reviewer Comment (2026-03-19): Please provide tax calculation worksheet. Reviewer Comment (2026-03-18): The tax certificate provided lists property addresses as [Redacted] [Redacted]. However, the subject properties that need to be covered in the certificate are[Redacted], [Redacted],[Redacted] and [Redacted]. Please update the tax certificate to reflect the correct property addresses. Exception remains Seller Comment (2026-03-18): In [Redacted] reassessment to value is expected after a sale. The transaction was a purchase, therefore, the underwriter calculated estimated taxes, supporting tax calculation excel uploaded for your review Seller Comment (2026-03-17): Tax Workbook Calc uploaded to satisfy. Please clear. Reviewer Comment (2026-03-04): Received a Tax Certificate for all properties. The lender must provide the correct Tax Certificate supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-03): Tax Cert Uploaded |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106806 | [Redact] | 35890323 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. | Title Missing Closing Protection Letter in the file. | Reviewer Comment (2026-03-16): Received and associated Closing Protection Letter. Exception Cleared. |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106806 | [Redact] | 35890333 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing protection letter document is missing in the file. | Reviewer Comment (2026-03-16): Received and associated Closing Protection Letter. Exception Cleared. |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938218 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2026-03-12): Received and associated Articles of Organization/Formation. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938219 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2026-03-12): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938220 | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Reviewer Comment (2026-03-20): Received Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-20): look at Section [Redacted] of the security instrument which borrower signs as a rep/wararnty that the proceeds are used solely for business, commercial, investment or similar purpose and that no portion is used for personal, family or household purposes. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938228 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-03-18): Received and associated Certificate of Good Standing. Exception Cleared. Seller Comment (2026-03-18): [Redacted] is a public entity state. See proof LLC is in good standing as of TODAY. please clear. Let us know if you have any questions. Thanks, Seller Comment (2026-03-18): [Redacted] is a state where you all LLC's are public information. This was pulled directly online from the internet to provide good standing proof. I have done the same as of today. Document uploaded. Please clear. Reviewer Comment (2026-03-18): We have received the Certificate of Good Standing; however, the document is not dated. Please provide a Certificate of Good Standing that includes a date, issued on or before the closing date. Exception Remains Seller Comment (2026-03-17): Cert of Good standing uploaded. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938230 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Reviewer Comment (2026-03-23): Corporate resolution not required since all members of the LLC are guarantors. Reviewer Comment (2026-03-18): Received operating agreement. Please provide Corporate Resolution that contain a list of owners along with titles. Exception Remains Seller Comment (2026-03-18): confirm if [Redacted] CLEARS Seller Comment (2026-03-18): Entity Certification should clear corporate resolution exception. Please provide color if this does not satisfy? Reviewer Comment (2026-03-18): Corporate Resolution is not provided. Exception Remains. Seller Comment (2026-03-17): UPloaded. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938231 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Reviewer Comment (2026-03-18): Received and associated Credit Report. Exception cleared. Seller Comment (2026-03-17): Uploaded. |
03/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938232 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2026-03-17): Received. Seller Comment (2026-03-17): [Redacted] ordered. Please waive. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938234 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Reviewer Comment (2026-03-18): Received and associated Fraud Report. Exception cleared. Seller Comment (2026-03-17): Background Report uploaded. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938266 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2026-03-17): Received. Seller Comment (2026-03-17): Credit Reports uploaded. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106810 | [Redact] | 35938490 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating agreement was not provided | Reviewer Comment (2026-03-18): Received and associated Operating Agreement. Exception cleared. Seller Comment (2026-03-17): I am seeing an operating agreement in the master documents already uploaded. Please clarify if not found. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106821 | [Redact] | 35929320 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is not provided. | Reviewer Comment (2026-03-12): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106821 | [Redact] | 35929322 | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization is not provided. | Reviewer Comment (2026-03-20): Received Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-20): look at Section[Redacted]of the security instrument which borrower signs as a rep/wararnty that the proceeds are used solely for business, commercial, investment or similar purpose and that no portion is used for personal, family or household purposes. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106821 | [Redact] | 35929323 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is not provided. | Reviewer Comment (2026-03-18): Received and associated Guarantor Agreement. Exception cleared. Seller Comment (2026-03-17): UPloaded. |
03/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106828 | [Redact] | 36172183 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided Seller Comment (2026-03-30): Tax Workbook Calc used to clear other exceptions similarly uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106835 | [Redact] | 35856748 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Credit Report Was Missing in the file. | Reviewer Comment (2026-03-04): Received and associated Credit Report. Exception cleared. Seller Comment (2026-03-03): Credit Report Uploaded |
03/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106835 | [Redact] | 35892369 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate that shows Lender's qualified taxes on HUD was not provided. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-04): Received a Tax Certificate doesn't not match with Final HUD. However, the lender must provide the correct Tax Certificate or HUD supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-03): Tax Cert Uploaded |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106836 | [Redact] | 35933385 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | The file is missing a copy of Business Purpose Certificate Document. | Reviewer Comment (2026-03-12): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106836 | [Redact] | 35934382 | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization not provided. | Reviewer Comment (2026-03-20): Received Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-20): look at Section[Redacted] of the security instrument which borrower signs as a rep/wararnty that the proceeds are used solely for business, commercial, investment or similar purpose and that no portion is used for personal, family or household purposes. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106836 | [Redact] | 35946940 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Reviewer Comment (2026-03-17): As per guidelines, for [Redacted] FICO with >[Redacted] DSCR, a[Redacted] LTV increase is permitted. For FICO scores [Redacted] and above, the allowed LTV is [Redacted]. Exception Cleared. Seller Comment (2026-03-17): Exception should be cleared based on [Redacted] LTV allowable for [Redacted]FICO with [Redacted] DSCR |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106858 | [Redact] | 35869499 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-04): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-03): Please use new FICO methodology and clear. |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106858 | [Redact] | 35919535 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Set exception for tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-04): Received a Tax Certificate doesn't not match with Final HUD. However, the lender must provide the correct Tax Certificate or HUD supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-03): Tax Cert Uploaded |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106859 | [Redact] | 36158586 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-27): Received and associated Tax Certificate. Exception Cleared Seller Comment (2026-03-27): uploaded |
03/27/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106860 | [Redact] | 35868593 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2026-03-12): Received and associated Articles of Organization/Formation. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106860 | [Redact] | 35948938 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Reviewer Comment (2026-03-17): Guidelines allow us to use an [Redacted] LTV for FICO score [Redacted]. Exception Cleared. Seller Comment (2026-03-17): Exception should be cleared based on [Redacted] LTV allowable for [Redacted] FICO |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106861 | [Redact] | 35929402 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Business Funds missing for [Redacted] account #[Redacted] | Reviewer Comment (2026-03-12): Document provided. Exception cleared. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106861 | [Redact] | 35937668 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | [Redacted] tax certificate for $[Redacted] per month provided however taxes per Note and HUD-1 are $[Redacted] per month. Please provide [Redacted] tax certificate. | Reviewer Comment (2026-03-12): Tax Cert provided. Exception cleared. |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106869 | [Redact] | 36172197 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Seller Comment (2026-03-30): Tax Workbook Calc Uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106870 | [Redact] | 35917156 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing from file. Lender to provide tax certificate supporting value used to qualify. $[Redacted] / month | Reviewer Comment (2026-03-04): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-03): Tax Cert Uploaded. |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106871 | [Redact] | 36158725 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-27): Received and associated Tax Certificate. Exception Cleared Seller Comment (2026-03-27): uploaded |
03/27/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | B | A | B | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106871 | [Redact] | 36158794 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Upon further review, this loan is a C/O refi. Borrower received > [Redacted]% of the loan amount in cash out. Borrower received $[Redacted] and max cash out is $[Redacted] per the [Redacted] guides. Per the guides, the max LTV for a cash out refi with a FICO score between [Redacted] is [Redacted]%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[Redacted]. Borrower's Experience/Track Record |
Reserves: [Redacted] Borrower's Experience/Track Record. The borrower has: [Redacted] rental properties held |
[Redact],Originator,Aggregator [Redact] [Redact],Originator,Aggregator |
Reviewer Comment (2026-03-30): Client elected to waive the condition with compensating factors Seller Comment (2026-03-27): uploaded exception Seller Comment (2026-03-27): uploaded |
03/30/2026 | Yes | 2 | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | A | B | A | B | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106872 | [Redact] | 35865215 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. Previous policy is not available. | Reviewer Comment (2026-03-13): Received Hazard Insurance Policy. Exception cleared. Seller Comment (2026-03-12): Document |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106872 | [Redact] | 36172124 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Seller Comment (2026-03-30): Tax Workbook calc uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106873 | [Redact] | 36172015 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Seller Comment (2026-03-30): Tax Workbook Calc Uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106876 | [Redact] | 35917425 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing from file. Lender to provide tax certificate supporting value used to qualify. $[Redacted]/month | Reviewer Comment (2026-03-18): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-17): Tax Worbook Calc uploaded to clear. Reviewer Comment (2026-03-13): Received same Tax Certificate again which was available initially. Per the Note and closing statement monthly tax is [Redacted], we have verified [Redacted] per month, please provide the tax certificate for the remaining tax amount [Redacted]. Exception Remains. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-04): Received same Tax Certificate again which was available initially. Per the Note and closing statement monthly tax is [Redacted] we have verified [Redacted] per month, please provide the tax certificate for the remaining tax amount $[Redacted]. Exception Remains. Seller Comment (2026-03-04): Tax Cert |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106876 | [Redact] | 35917485 | Credit | Guideline | Guideline Issue | Guideline | The borrower has Open Public Records/Collections/Charge Off accounts. | - Public Record type: ___; Account Status: ___ | Missing evidence the borrower is on a payment plan for the Tax Lien or that the Tax Lien has been Paid in Full. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[Redacted]. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. |
Debt Service Coverage Ratio: [Redacted] Reserves: [Redacted] |
[Redact],Aggregator Aggregator,[Redact] |
Reviewer Comment (2026-03-31): Client elected to waive the condition with compensating factors. Reviewer Comment (2026-03-23): Elevated to the client for review. Lender exception approval provided Seller Comment (2026-03-20): Exception uploaded. |
03/31/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||
| [Redact] | 10106877 | [Redact] | 35916864 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Please provide [Redacted] tax certificate for taxes per HUD-1 of $[Redacted] annually. | Reviewer Comment (2026-03-18): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-17): Tax Workbook Calc uploaded to justify. Please clear. Reviewer Comment (2026-03-16): Received the Tax Certificate showing an annual amount of[Redacted]; however, the final HUD reflects Property Taxes of [Redacted] per month. Required a corrected HUD or supporting documentation to verify the tax amount of[Redacted] per month. Exception Remains. Reviewer Comment (2026-03-04): Received same Tax Certificate again which was available initially. We have verified tax amount of [Redacted]. [Redacted] is used for qualification on Note & HUD. Please provide the Tax certificate for the remaining tax amount. Exception Remains. Seller Comment (2026-03-04): Tax Cert |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106882 | [Redact] | 35918836 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Please provide [Redacted] tax certificate for $[Redacted] per month as per Closing Statement. | Reviewer Comment (2026-03-18): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-17): Tax Workbook Calc uploaded to satisfy. Reviewer Comment (2026-03-16): Received the Tax Certificate showing an annual amount of[Redacted]; however, the final HUD reflects Property Taxes of[Redacted] per month. Required a corrected HUD or supporting documentation to verify the tax amount of[Redacted] per month. Exception Remains. Reviewer Comment (2026-03-04): Received same Tax Certificate again which was available initially. Per the Note and closing statement monthly tax is[Redacted], we have verified [Redacted] per month, please provide the tax certificate for the remaining tax amount[Redacted]. Exception Remains. Seller Comment (2026-03-04): Tax Cert |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106883 | [Redact] | 36172265 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Seller Comment (2026-03-30): Tax Workbook calc uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106885 | [Redact] | 35917362 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Please provide a tax certificate to verify [Redacted] taxes of $$[Redacted] per month per HUD-1. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Reviewer Comment (2026-03-30): Received tax calculation sheet however tax amount is not matching with the Note & HUD tax payments. Please provide tax calculation worksheet to support tax in the amount of [Redacted] monthly. Exception Remains. Seller Comment (2026-03-27): Mill rate Seller Comment (2026-03-27): Letter of explanation Seller Comment (2026-03-27): Tax cert Reviewer Comment (2026-03-19): Reviewed file, please provide tax calculation worksheet to support tax in the amount of[Redacted] monthly. |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106885 | [Redact] | 35951106 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Reviewer Comment (2026-03-03): Seller provided confirmation the project is non-warrantable. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106885 | [Redact] | 35951264 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file is missing the fraud report for all guarantors. Only fraud report in file was for the LLC/Borrower | Reviewer Comment (2026-03-17): Docs provided. Exception cleared. Reviewer Comment (2026-03-17): Received one fraud report. Still missing for one borrower. Condition remains. Seller Comment (2026-03-17): Fraud Report |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106885 | [Redact] | 35951266 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file is missing the credit application for 2 of the 3 guarantors. File only contains the credit application for [Redacted]. | Reviewer Comment (2026-03-16): Received and associated 1003 Final. Exception cleared. |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106887 | [Redact] | 35872490 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed $[Redacted] of title insurance coverage; however, this is less than the loan amount of $[Redacted]. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | 03/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Limited Cash-out GSE | D | B | C | B | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106887 | [Redact] | 35872495 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | The file is missing a copy of the secondary valuation required for securitization purposes. CDA in file is for Unit #[Redacted] and the Note reflects Unit #[Redacted] | Reviewer Comment (2026-03-13): CDA provided. Exception cleared. Seller Comment (2026-03-12): Secondary Appraisal attached |
03/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | D | B | C | B | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106887 | [Redact] | 35872504 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | The file missing documentation confirming the condo project is warrantable. | Reviewer Comment (2026-03-17): Client ok to clear, Seller confirms non-warrantable. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | D | B | C | B | D | A | N/A | No | |||||||||||||
| [Redact] | 10106887 | [Redact] | 35872519 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | The file was missing a copy of the Closing Protection Letter. | Reviewer Comment (2026-03-13): CPL provided. Exception cleared. |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | D | B | C | B | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106887 | [Redact] | 35918746 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing from file. Lender to provide tax certificate supporting value used to qualify. $[Redacted]/month | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Reviewer Comment (2026-03-30): Received tax calculation sheet however tax amount is not matching with the Note & HUD tax payments. Please provide tax calculation worksheet to support tax in the amount of [Redacted] monthly. Exception Remains. Seller Comment (2026-03-27): Mill rate Seller Comment (2026-03-27): Letter of explanation Seller Comment (2026-03-27): Tax cert Reviewer Comment (2026-03-19): Reviewed file, please provide tax calculation worksheet to support tax in the amount of [Redacted]monthly. |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | D | B | C | B | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106903 | [Redact] | 35922422 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106905 | [Redact] | 35848825 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file is missing a copy of the HOI dec page or policy and the Liability insurance [Redacted] page or policy. | Reviewer Comment (2026-03-16): Received and associated Hazard Insurance policy. Exception cleared. Reviewer Comment (2026-03-05): Received and associated Hazard Insurance policy. Exception cleared. Seller Comment (2026-03-04): Insurance |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106905 | [Redact] | 35867733 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-17): Guidelines allow us to use an[Redacted] LTV for FICO score[Redacted]. Exception Cleared. Seller Comment (2026-03-17): Exception should be cleared based on [Redacted]% LTV allowable for rate/term refi with >[Redacted] FICO |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106905 | [Redact] | 35970838 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | The Hazard Insurance Policy Effective Date is after the later of the note or transaction date. Please provide the Hazard insurance policy within the note date. | Reviewer Comment (2026-03-16): Received and associated Hazard Insurance Policy. Exception Cleared. |
03/16/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106906 | [Redact] | 35938131 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Per the final HUD, $[Redacted] was needed to close. The file was missing the HUD's from the other transactions that are considered additional deposits on this transaction. Provide the HUD's for the funds from files: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-03-16): Received all the HUD's for the funds from files:[Redacted],[Redacted][Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. Exception Cleared. Seller Comment (2026-03-12): Document |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106906 | [Redact] | 35938144 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-09): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106906 | [Redact] | 35938145 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | The file was missing the HUD's from the other transactions that are considered additional deposits on this transaction. Provide the HUD's for the funds from files: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-03-16): Received all the HUD's for the funds from files:[Redacted],[Redacted],[Redacted], [Redacted], [Redacted],[Redacted], and [Redacted]. Exception Cleared. |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106918 | [Redact] | 35858256 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file is missing a copy of 1003 Final Document. | Reviewer Comment (2026-03-12): Received and associated Final 1003. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106921 | [Redact] | 35927823 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106923 | [Redact] | 35937482 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939626 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | - | Reviewer Comment (2026-03-11): Appraisals and Desk Reviews provided for all[Redacted] properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939627 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | - | Reviewer Comment (2026-03-11): Appraisals and Desk Reviews provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939688 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939690 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939703 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted]properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939704 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939705 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939706 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted] properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939707 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939708 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all[Redacted] properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939709 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted]properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939710 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted]properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939713 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939714 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted]properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939719 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all [Redacted] properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939720 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted]properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939725 | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Comparable Rent Schedule provided for all[Redacted]properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939726 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Address: [Redacted] | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted] properties. |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 35939858 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Loan file is missing Appraisals, unable to verify LTV. | Reviewer Comment (2026-03-11): Appraisal provided for all [Redacted]properties. |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||
| [Redact] | 10106925 | [Redact] | 36035599 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted]. and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): Here is the underwriters memo. This can be applied for all the lease exceptions Seller Comment (2026-03-20): Uploaded Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted] We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for[Redacted]months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms.Clear alll exceptions. Reviewer Comment (2026-03-18): Provided lease agreements are expired, received letter from property manager stating the rent is increased, however valid rental agreement is not available in file. Please provide the valid rental agreement signed by landlord and tenant. Exception Remains. Seller Comment (2026-03-17): All leases for all properties uploaded. Seller Comment (2026-03-17): Lease for [Redacted] [Redacted] Reviewer Comment (2026-03-12): A lease agreement is required for the property at [Redacted] [Redacted]. Exception Remains. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36035787 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month to month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted] We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted] months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. Reviewer Comment (2026-03-18): Provided lease agreements are expired, received letter from property manager stating the rent is increased, however valid rental agreement is not available in file. Please provide the valid rental agreement signed by landlord and tenant. Exception Remains. Seller Comment (2026-03-17): Uploaded |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037169 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted] We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted] months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. Reviewer Comment (2026-03-18): Provided lease agreements are expired, received letter from property manager stating the rent is increased, however valid rental agreement is not available in file. Please provide the valid rental agreement signed by landlord and tenant. Exception Remains. Seller Comment (2026-03-17): Uploaded |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037209 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted]. We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted]months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. Reviewer Comment (2026-03-18): Provided lease agreements are expired, received letter from property manager stating the rent is increased, however valid rental agreement is not available in file. Please provide the valid rental agreement signed by landlord and tenant. Exception Remains. Seller Comment (2026-03-17): Uploaded |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037486 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted], [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month to month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on[Redacted]. We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted]months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037503 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted] We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted]months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037556 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted]. We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for[Redacted] months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. Reviewer Comment (2026-03-18): Provided lease agreements are expired, received letter from property manager stating the rent is increased, however valid rental agreement is not available in file. Please provide the valid rental agreement signed by landlord and tenant. Exception Remains. Seller Comment (2026-03-17): Uploaded |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106925 | [Redact] | 36037638 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Address: [Redacted] | The appraisal was provided for [Redacted] and the occupancy was verified as "Tenant" occupied. The file is missing a copy of the lease agreement. | Reviewer Comment (2026-03-23): Received Rent increase statement and Rent roll analysis, after the expiration of lease term rent converted into month-to-month agreement. Exception Cleared. Seller Comment (2026-03-20): We uploaded the rent roll. You now have the original lease. The original lease has an auto month to month extension post termination. The rent increase came out on [Redacted]. We uploaded the rent roll which shows the proof of payment. Under law, the proof of payment for [Redacted] months ensures a valid extension of the lease on a month to month basis upon the new rental amount terms. |
03/23/2026 | No | 1 | A | A | A | A | A | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106927 | [Redact] | 35939461 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2026-03-18): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-17): Business purpose and certificate of non-owner occupied uploaded. Please clear. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106927 | [Redact] | 35939462 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2026-03-12): Received and associated Guarantor Agreement. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10106927 | [Redact] | 35943592 | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utiliation not provided. | Reviewer Comment (2026-03-18): Received and associated Business Purpose Certificate. Exception cleared. Seller Comment (2026-03-17): Business purpose loan certificate uploaded. Should clear any doubt. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106930 | [Redact] | 35921988 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | HUD/CD not provided. | Reviewer Comment (2026-03-10): Closing statement provided Seller Comment (2026-03-09): Signed HUD uploaded. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| [Redact] | 10106941 | [Redact] | 35862886 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-18): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-17): Apologies wrong one. Please see this one. Seller Comment (2026-03-17): Tax Workbook Calc uploaded to clear. Reviewer Comment (2026-03-04): Received a Tax Certificate doesn't not match with Final HUD. However, the lender must provide the correct Tax Certificate or HUD supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-03): Taxes being paid proof uploaded. Please clear. |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106941 | [Redact] | 35940663 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-04): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-03): Please use new FICO methodology and review & clear. |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106941 | [Redact] | 35940664 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Per the guidelines, the minimum DSCR is [Redacted] when the representative FICO score is below [Redacted]. | Reviewer Comment (2026-03-04): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-03): Please use new FICO methodology and clear. |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106942 | [Redact] | 35865806 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Per the guidelines, the minimum DSCR is [Redacted] when the representative FICO score is below [Redacted]. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): Guidelines allows for >[Redacted]DSCR for [Redacted]-mid FICO. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106942 | [Redact] | 35921255 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score less than [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106945 | [Redact] | 35922365 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-13): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106948 | [Redact] | 35961364 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Missing Credit Report for [Redacted]. | Reviewer Comment (2026-03-12): Received and associated Credit Report. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106950 | [Redact] | 35935695 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | The file was missing a copy of the Business Purpose Certificate. | Reviewer Comment (2026-03-10): Business purpose cert provided |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106950 | [Redact] | 35935703 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | The file was missing a copy of the Guarantor Agreement. | Reviewer Comment (2026-03-12): Received and associated Guarantor Agreement. Exception cleared. Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-10): Received Operating Agreement, please provide the signed copy of guarantor agreement. Exception Remains. Seller Comment (2026-03-09): Pls refer to other exception labeled the same. Seller Comment (2026-03-09): [Redacted] uploaded. |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106950 | [Redact] | 35936166 | Credit | Credit | Credit Documentation | Credit | Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan. | Business Purpose Certificate not provided. | Reviewer Comment (2026-03-10): Business purpose cert provided Seller Comment (2026-03-09): Business Purpose & non-owner cert. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106954 | [Redact] | 35940673 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-10): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106955 | [Redact] | 35940674 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-09): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106956 | [Redact] | 35922216 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106958 | [Redact] | 35939622 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file is missing the fraud report for the guarantor [Redacted]. | Reviewer Comment (2026-03-24): Background check/fraud report provided Seller Comment (2026-03-24): What are you talking about? Full Background Report Uploaded. Please review and clear thanks. Reviewer Comment (2026-03-23): Upon further review, the file is missing the [Redacted] background report for the guarantor [Redacted]. Reviewer Comment (2026-03-20): Received Fraud Report. Exception cleared. Seller Comment (2026-03-20): Here is [Redacted] Background report. [Redacted] ordered fraud reports on our behalf. Please clear. Reviewer Comment (2026-03-12): Received Credit report. However, required fraud report/background check for "[Redacted]". Exception remains Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106958 | [Redact] | 35939810 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | The file is missing the credit report for one of the guarantors, [Redacted]. | Reviewer Comment (2026-03-20): Received. |
03/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106958 | [Redact] | 35939974 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-10): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106958 | [Redact] | 35939975 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | The file was missing all asset documentation to verify sufficient reserves. | Reviewer Comment (2026-03-23): Received bank statements. Exception Cleared. Seller Comment (2026-03-20): Pertinent Bank Statements Uploaded. Please review and clear. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106959 | [Redact] | 36163066 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Upon further review, the file was missing sufficient assets to cover the cash needed to close. Per the HUD in file, funds from the following files were received in the total of $[Redacted]. The HUD's from these files were not in file and are needed for funds to close. Provide the HUD from files: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-03-30): Received HUD from files: [Redacted] [Redacted], [Redacted], [Redacted][Redacted], [Redacted], and [Redacted]. Exception Cleared. Seller Comment (2026-03-28): upload Seller Comment (2026-03-28): HUD uploaded |
03/30/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106959 | [Redact] | 36163073 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Upon further review, the file was missing sufficient assets to cover the cash needed to close. Per the HUD in file, funds from the following files were received in the total of $[Redacted]. The HUD's from these files were not in file and are needed for funds to close. Provide the HUD from files: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-03-30): Received HUD from files: [Redacted], [Redacted],[Redacted], [Redacted], [Redacted], [Redacted], and[Redacted]. Exception Cleared. Seller Comment (2026-03-28): HUD uploaded |
03/30/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106960 | [Redact] | 35940862 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file is missing a copy of the credit application for all 3 guarantors. | Reviewer Comment (2026-03-05): Received and associated 1003 Final. Exception cleared. Seller Comment (2026-03-04): Loan Application |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106960 | [Redact] | 35940863 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | The file is missing the credit report for one of the guarantors, [Redacted]. | Reviewer Comment (2026-03-05): Received and associated Credit Report. Exception cleared. Seller Comment (2026-03-04): Credit |
03/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106960 | [Redact] | 35940864 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-09): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106960 | [Redact] | 35940865 | Credit | Business Purpose | General | Business Purpose | Verification of Borrower's identity is missing. | - | File is missing proof of identity for the guarantor. | Reviewer Comment (2026-03-10): Drivers license provided Seller Comment (2026-03-10): Drivers License uploaded. |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106960 | [Redact] | 35940866 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file is missing the Fraud Report for the guarantor, [Redacted]. | Reviewer Comment (2026-03-24): Background check/fraud report provided Seller Comment (2026-03-24): background report Reviewer Comment (2026-03-23): Upon further review, the file is missing the KYC background report for the guarantor [Redacted]. Reviewer Comment (2026-03-20): Received Fraud Report. Exception cleared. Seller Comment (2026-03-20): Here is background report. [Redacted] ordered Fraud reports on our behalf. Please clear. Reviewer Comment (2026-03-12): Received Credit report. However, required fraud report/background check for "[Redacted]". Exception remains Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-10): The "KYC" background check for the guarantor, [Redacted], is missing and required. Condition remains Seller Comment (2026-03-10): Credit Report Uploaded. Fraud Report should be a waived condition.... |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106961 | [Redact] | 35893934 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Per the guidelines, a Rate/Term refinance at [Redacted]% LTV, requires a [Redacted]+ FICO score. The representative FICO score is [Redacted]. | Reviewer Comment (2026-03-10): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Reviewer Comment (2026-03-02): The guidelines do not identify the FICO calculation method. The default method is the lowest middle score of all borrowers/guarantors. As-is, the condition is valid and remains open Seller Comment (2026-03-02): Check data tape: [Redacted]-FICO score using the higher or both sponsors mid-FICO scores |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106961 | [Redact] | 35894304 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Per the final HUD, funds of $[Redacted] from the refinance of [Redacted] other properties were used for funds to close. The file is missing the HUD for the following loans: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-03-16): HUD from file [Redacted]is provided, all the HUD statements received. Exception Cleared. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-02): HUD from file [Redacted] was still missing. The other 6 were provided, Provide a copy of the HUD for [Redacted]. Condition remains Seller Comment (2026-03-02): HUDS for other [Redacted] properties uploaded |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106961 | [Redact] | 35894326 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Per the final HUD, funds of $[Redacted] from the refinance of [Redacted] other properties were used for funds to close. The HUD's from these properties were missing from the file. There are other sufficient assets verified that will be acceptable to use for reserves, once the funds to close are verified. | Reviewer Comment (2026-03-16): HUD from file [Redacted] is provided, all the HUD statements received. Exception Cleared. Reviewer Comment (2026-03-02): HUD from file [Redacted] was still missing. The other 6 were provided, Provide a copy of the HUD for [Redacted]. Condition remains Seller Comment (2026-03-02): Hud loan 6 Seller Comment (2026-03-02): Hud loan 5 Seller Comment (2026-03-02): Hud Loan 4 Seller Comment (2026-03-02): Hud loan 3 Seller Comment (2026-03-02): Hud Loan 2 Seller Comment (2026-03-02): Hud for loan 1 |
03/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106962 | [Redact] | 35860027 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate was not provided used the Lender's qualified taxes on HUD. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document Seller Comment (2026-03-11): Document Reviewer Comment (2026-03-04): Tax cert provided was the same as the tax cert in the initial file and verified annual taxes of $[Redacted]. Provide a tax cert or proof of calculation for the taxes of $[Redacted]used to qualify. Exception remains Seller Comment (2026-03-03): Tax Cert Uploaded |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106962 | [Redact] | 35860152 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Title preliminary was not provided. | Reviewer Comment (2026-03-17): Received and associated Title Commitment. Exception cleared. Seller Comment (2026-03-17): Title Docs uploaded. One of these is the prelim. Please clear. Reviewer Comment (2026-03-04): Received the final title; however, the preliminary title is required. Exception Remains Seller Comment (2026-03-03): Title uploaded |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106968 | [Redact] | 35850309 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-09): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106968 | [Redact] | 35940867 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | The file is missing all assets to verify sufficient reserves. Provide two months consecutive statements to verify sufficient reserves. | Reviewer Comment (2026-03-13): Bank Statements provided. Exception cleared. Seller Comment (2026-03-12): Document |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106969 | [Redact] | 35921525 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106973 | [Redact] | 35859445 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file was missing a copy of the fraud report for [Redacted]. | Reviewer Comment (2026-03-24): Background check/fraud report provided Seller Comment (2026-03-23): Documents on [Redacted] Reviewer Comment (2026-03-23): Upon further review, the file is missing the KYC background report for the guarantor [Redacted]. Reviewer Comment (2026-03-20): Fraud report received. Seller Comment (2026-03-20): Background Report Uploaded. [Redacted] ordering Fraud Reports on our behalf. Please clear this exception |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10106973 | [Redact] | 36022413 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Upon further review, the file was missing a copy of the credit report for [Redacted]. | Reviewer Comment (2026-03-20): Received. Seller Comment (2026-03-20): Credit Uploaded. |
03/20/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106974 | [Redact] | 35921578 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106976 | [Redact] | 35850994 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-09): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106977 | [Redact] | 35857523 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard Insurance Policy document is missing in the file. | Reviewer Comment (2026-03-12): Received and associated Hazard Insurance Policy. Exception Cleared Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106977 | [Redact] | 35857525 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate document is missing in the file. | Reviewer Comment (2026-03-17): Received and associated Flood Certificate. Exception Cleared Seller Comment (2026-03-17): Flood Cert uploaded. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106977 | [Redact] | 36017276 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Upon further review, the file is missing the credit report for one of the guarantors, [Redacted]. | Reviewer Comment (2026-03-17): Received and associated Credit Report for [Redacted]. Exception Cleared Seller Comment (2026-03-17): Credit Report for [Redacted] uploaded. |
03/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106977 | [Redact] | 36017278 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Upon further review, the file is missing the "KYC" background check for the guarantor, [Redacted], | Reviewer Comment (2026-03-17): Received and associated fraud report for [Redacted]. Exception Cleared Seller Comment (2026-03-17): Background Report uploaded for [Redacted]. |
03/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||||||
| [Redact] | 10106980 | [Redact] | 35892741 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Title: Evidence of title is missing. | Reviewer Comment (2026-03-12): Received and associated Title Final. Exception cleared. Seller Comment (2026-03-11): Document |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106980 | [Redact] | 35892746 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-03-12): Received and associated Title Final. Exception cleared. |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106982 | [Redact] | 35921634 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guidelines, the max LTV for a rate/term refinance with a representative FICO score between [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-03): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-02): [Redacted]-mid FICO using the highest score of all guarantors. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106991 | [Redact] | 35861400 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate was not provided used the Lender's qualified taxes on HUD. | Reviewer Comment (2026-03-19): Received and associated Tax Certificate. Exception Cleared. Seller Comment (2026-03-19): Underwriting conservatively used the purchase price of the newly acquired property for the adjusted tax amount to avoid a tax shortage post closing. Tax calc uploaded for clarification. Reviewer Comment (2026-03-04): Tax cert provided was the same as the tax cert in the initial file and verified annual taxes of $[Redacted]. Provide a tax cert or proof of calculation for the taxes of $[Redacted]used to qualify. Exception remains Seller Comment (2026-03-03): Understand initial valuation was off from actual taxes. Proof of additional taxes required attached. Please review and clear exception. Thanks Reviewer Comment (2026-03-02): Additional copy of the tax cert in the initial file was provided. The tax cert identified total annual taxes of $[Redacted]. The loan was qualified with taxes of $[Redacted]or $[Redacted]per month. Documentation/clarification verifying the calculation of taxes used to qualify is required, Condition remains Seller Comment (2026-03-02): tax cert |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106991 | [Redact] | 35862051 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Per the guides, the max LTV for a rate/term refinance with a credit score < [Redacted] is [Redacted]%. | Reviewer Comment (2026-03-04): Client provided updated guidance regarding the qualifying FICO method. The method was updated and the condition is no longer applicable. Seller Comment (2026-03-03): Please re-calculate using new FICO methodology. This means borrower is indeed eligible for a [Redacted]+ LTV R/T refi. Reviewer Comment (2026-03-02): The qualifying FICO is [Redacted]. The guidelines do not identify the FICO calculation method. The default method is the lowest middle score of all borrowers/guarantors. As-is, the condition is valid and remains open Seller Comment (2026-03-02): Per Guidelines: [Redacted]-mid FICO Rate/Term refinance is eligible for [Redacted]% LTV |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106995 | [Redact] | 35868151 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Appraisal was made subject to installation of drip leg relief valve on water heater, safety issue, 442 is not provided. | Reviewer Comment (2026-03-13): Received and associated 442/final inspection. Exception cleared. Seller Comment (2026-03-12): Document |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | A | A | C | A | N/A | No | |||||||||||||
| [Redact] | 10106995 | [Redact] | 36172296 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Upon further review, the taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-31): Tax calculation worksheet provided supporting taxes used to qualify Seller Comment (2026-03-30): Tax Workbook Calc uploaded. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | A | A | C | A | N/A | No | |||||||||||||||||||
| [Redact] | 10106997 | [Redact] | 35860217 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate was not provided used the Lender's qualified taxes on HUD. | Reviewer Comment (2026-03-12): Received and associated Tax Certificate. Exception cleared. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-04): Tax cert provided was the same as the tax cert in the initial file and verified annual taxes of $[Redacted]. Provide a tax cert or proof of calculation for the taxes of $[Redacted]used to qualify. Exception remains Seller Comment (2026-03-03): Tax Cert Uploaded |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106998 | [Redact] | 35850223 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | The CDA in the file was not for the subject property. | Reviewer Comment (2026-03-25): Received CDA. Exception cleared. Seller Comment (2026-03-24): See correct CDA. please clea.r Reviewer Comment (2026-03-19): Received LOE explains only road name is changed, however the address #[Redacted] on CDA is different than subject property address #[Redacted]. Please provide the CDA with the corrected address. Exception Remains. Seller Comment (2026-03-18): Please refer to this. This confirmation will remove any doubt as to the discrepancy in address. Thank you Seller Comment (2026-03-18): PLEASE refer to the reasoning of why the address is different. Uploaded again just now. Reviewer Comment (2026-03-18): Received CDA reflects an incorrect subject property address: '[Redacted][Redacted] [Redacted].' However, as per the Note, the correct subject property address is '[Redacted]. [Redacted] [Redacted] [Redacted].' A revised CDA with the correct subject property address is required. Exception Remains Seller Comment (2026-03-18): Please see CDA again, as well as an explanation as to why the address discrepancy exists as the name was changed by the city. Reviewer Comment (2026-03-04): Received CDA with incorrect subject property address. As per note subject property address is "[Redacted][Redacted] [Redacted] [Redacted] [Redacted]", whereas the received CDA reflects "[Redacted][Redacted] [Redacted]North [Redacted]". Please provide CDA with subject property address. Exception remains. Seller Comment (2026-03-03): Secondary uploaded. Please clear |
03/25/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | A | C | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106998 | [Redact] | 35940875 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Set exception for tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-18): Received and associated Tax certificate. Exception Cleared Seller Comment (2026-03-18): Tax workbook calc uploaded to clear exceptions same as other files. Please let us know if any questions. Reviewer Comment (2026-03-13): Received same Tax Certificate again which was available initially. Per the Note and closing statement monthly tax is $[Redacted]. Please provide the tax certificate showing the amount lender used to qualify. Exception Remains. Seller Comment (2026-03-12): Document Reviewer Comment (2026-03-04): Received a Tax Certificate doesn't not match with Final HUD. However, the lender must provide the correct Tax Certificate or HUD supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-03): Tax Cert Uploaded |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | A | C | A | D | A | N/A | No | ||||||||||||||
| [Redact] | 10106999 | [Redact] | 35940879 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Set exception for tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-19): Received and associated Tax Certificate. Exception Cleared Seller Comment (2026-03-19): Tax Workbook Calc uploaded same as others to satisfy. Thank you Reviewer Comment (2026-03-04): Received a Tax Certificate. However, the lender must provide the correct Tax Certificate supporting the tax value used to qualify. Exception Remains. Seller Comment (2026-03-04): Tax Cert Seller Comment (2026-03-03): Tax Cert Uploaded |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10107000 | [Redact] | 35928447 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | The taxes used by the lender to qualify were greater than the taxes verified on the tax bill in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted] per month. | Reviewer Comment (2026-03-18): Received and associated Tax certificate. Exception Cleared Seller Comment (2026-03-18): Please see tax workbook calculation to clear exception same as on other files. Let us know if any questions thanks. Reviewer Comment (2026-03-13): Received same Tax Certificate which was already available in file. Provide a tax cert or other documentation verifying the tax amount used by the lender to qualify of $[Redacted]per month. Exception Remains. Seller Comment (2026-03-12): Document |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10107013 | [Redact] | 35927711 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | The file was missing Flood Certificate. | Reviewer Comment (2026-03-17): Received and associated Flood Certificate. Exception cleared. Seller Comment (2026-03-17): Flood Cert Uploaded. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10107013 | [Redact] | 35927716 | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | The file was missing Flood Insurance Policy. | Reviewer Comment (2026-03-17): Received and associated Flood Insurance Policy. Exception cleared. Seller Comment (2026-03-17): Flood Policy and Invoice Uploaded. Pls clear. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10107013 | [Redact] | 35927717 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file was missing Hazard Insurance Policy. | Reviewer Comment (2026-03-17): Received and associated Hazard Insurance Policy. Exception cleared. Seller Comment (2026-03-17): Insurance related docs uploaded. pls clear. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10107024 | [Redact] | 35970315 | Credit | Missing Document | General | Missing Document | Missing Document: Condo/PUD Warranty not provided | The file is missing documentation confirming the condo project is warrantable. | Reviewer Comment (2026-03-17): Client ok to clear, Seller confirms non-warrantable. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| [Redact] | 10107024 | [Redact] | 36159034 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Upon further review, per the guidelines, the max LTV for a purchase with a representative FICO score less than [Redacted] is [Redacted]%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[Redacted]. |
Reserves: [Redacted] | [Redact],Originator,Aggregator [Redact] [Redact] |
Reviewer Comment (2026-03-30): Client elected to waive the condition with compensating factors Seller Comment (2026-03-27): uploaded |
03/30/2026 | Yes | 2 | B | B | B | B | B | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10156751 | [Redact] | [Redact] | 35807724 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-03): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-25): See attached collateral package with tracking #. |
04/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10156751 | [Redact] | [Redact] | 36122982 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-03-24): Client elected to waive the condition on the Non-QM 1st lien |
03/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10157963 | [Redact] | [Redact] | 35815786 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-31): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-25): Collateral delivered on [Redacted] via [Redacted]tracking number [Redacted]. |
03/31/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10157963 | [Redact] | [Redact] | 36081865 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Reviewer Comment (2026-03-19): Received and associated project approval. Exception Cleared. Seller Comment (2026-03-19): Please see attached project approval. |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10157963 | [Redact] | [Redact] | 36154724 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | Monthly P&I does not agree with Schedule SCH: [Redacted] NOTE:[Redacted] | Buyer Comment (2026-03-31): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-26): Please match the schedule to the Note. |
03/31/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10160388 | [Redact] | [Redact] | 35845355 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-01): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-01): collateral delivered[Redacted] via [Redacted]tracking [Redacted] |
04/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10160537 | [Redact] | [Redact] | 35845572 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-26): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-25): Collateral delivered on [Redacted] via [Redacted]tracking number [Redacted] |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10161084 | [Redact] | [Redact] | 35850392 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-12): Waived on Rate Lock: Collateral cleared by Custodian |
03/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10161084 | [Redact] | [Redact] | 36009330 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-03-09): Sufficient Cure Provided At Closing |
03/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [Redact] | 10162240 | [Redact] | [Redact] | 35852898 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-31): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-30): Tracking Number [Redacted] |
03/31/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10162241 | [Redact] | [Redact] | 35853035 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-20): Waived on Rate Lock: Collateral cleared by Custodian |
03/20/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10162815 | [Redact] | [Redact] | 35858422 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10176829 | [Redact] | [Redact] | 35869316 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-24): (Rate Lock) [Redacted] |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10176992 | [Redact] | [Redact] | 35873036 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-01): Waived on Rate Lock: Collateral cleared by Custodian |
04/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10177001 | [Redact] | [Redact] | 35873361 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-31): [Redacted] tracking for note: [Redacted] Seller Comment (2026-03-31): Tracking Number [Redacted] |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10177001 | [Redact] | [Redact] | 36177535 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the $[Redacted] Monthly Insurance, Taxes, Association Dues, etc. disclosed on the final 1003 for the REO. | Reviewer Comment (2026-04-07): Received and associated Tax and Insurance verification. Exception cleared. Seller Comment (2026-04-06): please see attached reo [Redacted] insurance and tax amounts Reviewer Comment (2026-04-02): Received HOA, need taxes and insurance. Seller Comment (2026-04-02): please see attached reo [Redacted] hoa doc |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10177001 | [Redact] | [Redact] | 36177619 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-03-30): Client elected to waive the condition on the Non-QM 1st lien |
03/30/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10177005 | [Redact] | [Redact] | 35873496 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-30): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-27): (Rate Lock) Collateral delivered [Redacted] Tracking [Redacted]. Thanks! |
03/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10177005 | [Redact] | [Redact] | 36151190 | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary Title Policy is within [Redacted] and does not reflect a coverage amount (no Final Title Policy in file). Unable to determine if appropriate coverage is provided. | 03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10177005 | [Redact] | [Redact] | 36155896 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | 03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10177005 | [Redact] | [Redact] | 36155897 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | 03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10178217 | [Redact] | [Redact] | 35919795 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-06): Waived on Rate Lock: Collateral cleared by Custodian |
04/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10178217 | [Redact] | [Redact] | 36217001 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the co-borrower's primary residence. | Reviewer Comment (2026-04-07): Received and associated Mortgage Statement. Exception cleared. Seller Comment (2026-04-06): REO Docs |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10178217 | [Redact] | [Redact] | 36217030 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the co-borrower's REO. | Reviewer Comment (2026-04-07): Received and associated Mortgage Statement. Exception cleared. Seller Comment (2026-04-06): REO Docs |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10178217 | [Redact] | [Redact] | 36217031 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the borrower's REO. | Reviewer Comment (2026-04-07): Received and associated Mortgage Statement. Exception cleared. Seller Comment (2026-04-06): Reo Docs |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10178934 | [Redact] | [Redact] | 35921195 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-01): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-30): See attached collateral package |
05/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10178934 | [Redact] | [Redact] | 36359886 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-05-01): [Redacted] Received Valid COC dated [Redacted] Seller Comment (2026-04-30): See attached VCOC |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179041 | [Redact] | [Redact] | 35922126 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-16): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-15): Tracking Number [Redacted] |
04/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179041 | [Redact] | [Redact] | 36269726 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Fee was last disclosed as $[Redacted] on Loan Estimate but disclosed as $[Redacted] on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-closing Closing Disclosure disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-16): [Redacted]: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception. Seller Comment (2026-04-15): please see attached investor memo regarding appraisal cure on final cd |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179041 | [Redact] | [Redact] | 36269727 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Review Fee was not disclosed on Loan Estimate. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure. Provide a post-closing Closing Disclosure disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-16): [Redacted] received valid changed circumstance for the fee added and Sufficient cure provided at closing (on final CD) for the fee was further increased resulting in a cleared exception. Seller Comment (2026-04-15): please see attached invest memo and prior lock for appraisal review cure on final cd |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179041 | [Redact] | [Redact] | 36292873 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-16): Sufficient Cure Provided At Closing |
04/16/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| [Redact] | 10179041 | [Redact] | [Redact] | 36292874 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-16): Sufficient Cure Provided At Closing |
04/16/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| [Redact] | 10179063 | [Redact] | [Redact] | 35922579 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-16): Waived on Rate Lock: Collateral cleared by Custodian |
04/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179063 | [Redact] | [Redact] | 36270817 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] versus an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-14): Client elected to waive the condition on the Non-QM 1st lien |
04/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | B | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179063 | [Redact] | [Redact] | 36270820 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-10): Sufficient Cure Provided At Closing |
04/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | B | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179063 | [Redact] | [Redact] | 36270843 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. Provide supplemental report reflecting policy amount of $[Redacted]. | 04/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179248 | [Redact] | [Redact] | 35923273 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-26): Waived on Rate Lock: Collateral cleared by Custodian |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10179248 | [Redact] | [Redact] | 36111711 | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Lease Agreement is missing in file. | Reviewer Comment (2026-03-27): Short term rental received vacation rental statement. Exception cleared. Seller Comment (2026-03-26): [Redacted] - [Redacted]: The subject is a short-term rental and documentation has been provided from [Redacted] evidencing the most recent [Redacted] months of receipt of rental income. The investor's guideline does not require a current lease agreement to be provided Seller Comment (2026-03-26): [Redacted] - [Redacted]: The subject is a short-term rental and documentation has been provided from [Redacted] evidencing the most recent [Redacted]months of receipt of rental income. The investor's guideline does not require a current lease agreement to be provided |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | ||||||||||
| [Redact] | 10179681 | [Redact] | [Redact] | 35929107 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-23): Tracking Number [Redacted] |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10179681 | [Redact] | [Redact] | 36116681 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Note missing page 4 of 4. | Reviewer Comment (2026-03-26): Note provided. Exception cleared. Seller Comment (2026-03-24): all pages of the note |
03/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | N/A | No | |||||||||||
| [Redact] | 10106026 | [Redact] | 35930055 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide the VOR for the current and previous primary (current: [Redacted] and previous [Redacted]). If renting from private landlord, 12 months cancelled checks/bank statements will also be required. | Reviewer Comment (2026-02-11): Per client confirmation and verification, section [Redacted]for no housing history or < [Redacted] months verified followed and allowed which allows for no complete primary housing on investment as long as a [Redacted]month history is provided on another REO property, borrower has [Redacted]months reserves and [Redacted]% minimum contribution. All of which were met. Reviewer Comment (2026-01-30): An unsigned LOE is not acceptable. A lease agreement is not acceptable. There is no housing history provided. If an exception is being granted, then it needs to be revised to no housing rental history provided. Buyer Comment (2026-01-30): Please see the attached lease Buyer Comment (2026-01-30): Please see the attached letter of explanation Buyer Comment (2026-01-30): Please see the exception form |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10106026 | [Redact] | 35930056 | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | The HOI policy reflects rent loss coverage included, but does not specify how much. Must cover 6 months of rents used to qualify. | Reviewer Comment (2026-02-03): Dec page provided verifying [Redacted]months rent loss coverage provided. Buyer Comment (2026-01-30): Please see the other attached HOI page showing [Redacted]months Buyer Comment (2026-01-30): Please see the attached HOI |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 35930969 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216030 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance. | Hazard Insurance Policy Declaration Page not provided. | Reviewer Comment (2026-04-09): Received Hazard insurance policy and RCE. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see attached. The provided policy reflects $[Redacted]in total dwelling coverage. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216052 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Business Bank Account Statement account number ending [Redacted] for month ending [Redacted] not provided. | Reviewer Comment (2026-04-09): Received Bank statement for the [Redacted] month. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the [Redacted] [Redacted]statement for [Redacted] [Redacted] |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216111 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate not provided. | Reviewer Comment (2026-04-09): Received Flood Certificate. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see attached. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216117 | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Business Bank Account Statement account number ending [Redacted] for month ending [Redacted] not provided. | Reviewer Comment (2026-04-09): Received Bank statement for the [Redacted] month. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the [Redacted] [Redacted]statement for [Redacted] [Redacted] |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216124 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Business Bank Account Statement account number ending [Redacted] for month ending [Redacted] not provided. | Reviewer Comment (2026-04-09): Received Bank statement for the [Redacted] month. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the [Redacted] [Redacted]statement for [Redacted] [Redacted] |
04/09/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216130 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Business Bank Account Statement account number ending [Redacted] for month ending [Redacted] not provided. | Reviewer Comment (2026-04-09): Received Bank statement for the [Redacted] month. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the [Redacted] [Redacted] statement for [Redacted] [Redacted] |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36216183 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Policy Declaration Page not provided. | Reviewer Comment (2026-04-09): Received Hazard insurance policy and RCE. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the attached replacement cost estimate of $[Redacted], which matches the total dwelling coverage via [Redacted]. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36220926 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance and HOA Verification not provided. | Reviewer Comment (2026-04-13): Received updated 1008. Exception Cleared. Seller Comment (2026-04-10): [Redacted] - [Redacted]: Please see attached. Reviewer Comment (2026-04-09): Property #[Redacted][Redacted] is sold, provided 1008 is not updated with the sold property expenses hence getting difference in DTI. Please provide the updated 1008. Exception remains. Seller Comment (2026-04-08): [Redacted]- [Redacted]: Please see the attached property detail report. This property was sold on [Redacted], which is prior to this transactions closing date. The borrower was not obligated to any debts for [Redacted][Redacted] as of the note date. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see the attached property detail report. This property was sold on[Redacted], which is prior to this transactions closing date. The borrower was not obligated to any debts for [Redacted][Redacted] as of the note date. |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10179788 | [Redact] | [Redact] | 36220929 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification not provided. | Reviewer Comment (2026-04-09): Received HOA verification. Exception cleared. Seller Comment (2026-04-08): [Redacted] - [Redacted]: Please see attached. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10179789 | [Redact] | [Redact] | 35930974 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10179835 | [Redact] | [Redact] | 35931783 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179835 | [Redact] | [Redact] | 36263711 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] versus an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-09): Client elected to waive the condition on the Non-QM 1st lien |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10179835 | [Redact] | [Redact] | 36263714 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing |
04/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179836 | [Redact] | [Redact] | 35931784 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10181479 | [Redact] | [Redact] | 35939988 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10181479 | [Redact] | [Redact] | 36215470 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-02): Sufficient Cure Provided At Closing |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10181483 | [Redact] | [Redact] | 35939989 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10181483 | [Redact] | [Redact] | 36145080 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | 03/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10181483 | [Redact] | [Redact] | 36145081 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | 03/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10181483 | [Redact] | [Redact] | 36145084 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-03-25): Sufficient Cure Provided At Closing |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10181483 | [Redact] | [Redact] | 36145560 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing proof of the PITIA for all [Redacted] REO's. It appears the borrower has recently refinanced all of the properties. A copy of the CD or first payment letter verifying the PITIA will clear the condition. | Reviewer Comment (2026-04-13): Received and associated Note and First payment letter. Exception cleared. Seller Comment (2026-04-09): [Redacted] [Redacted]: Please see attached note and first payment letter for [Redacted] Reviewer Comment (2026-04-08): For the property #[Redacted] final 1003 is showing mortgage payments, however property history report doesn't indicate the any mortgage payments. Please provide the updated 1003 & 1008 showing the corrected expenses for the property #[Redacted]. Exception Remains. Seller Comment (2026-04-07): [Redacted] [Redacted]: Please see attached tax bill & Hoi policy for the REOs [Redacted] & [Redacted]. For REO [Redacted] there is no mortgage associated with this property. The property profile report confirms that the property is free and clear. Please advise what else [Redacted]is requiring to get this cleared. Reviewer Comment (2026-04-03): Tax verification and Insurance verification is missing for the properties #[Redacted], #[Redacted]. Property report received for the property #[Redacted] however unable identify the mortgage payments. Exception Remains. Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted], [Redacted], [Redacted], [[Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], & [Redacted] are still in approved with conditions with [Redacted] Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see the attached first payment letters for the [Redacted] [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] Please see the attached open lien report for the REO Address: [Redacted] that shows it is free and clear Please see the attached approval letter that show that the properties [Redacted], [Redacted], &[Redacted] are still in approved with conditions with [Redacted] Reviewer Comment (2026-03-31): The final 1003 received is not sufficient. Please provide PITIA details for all [Redacted]REO properties. Additionally, submit the Closing Disclosure or a first payment letter to verify the PITIA. Exception remains. Seller Comment (2026-03-30): [Redacted] [Redacted]: The final CD/ Note it required. Pleas see attached final loan application that confirms the PITIA of the new [Redacted] |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10181485 | [Redact] | [Redact] | 35939992 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-17): Waived on Rate Lock: Collateral cleared by Custodian |
04/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10181485 | [Redact] | [Redact] | 36282606 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure was not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-04-15): [Redacted] received [Redacted] CD received [Redacted] business days prior to consummation. Seller Comment (2026-04-15): [Redacted] [Redacted] Please see the attached TRID Disclosure History and initial Closing disclosure that shows the borrower was sent the initial Closing Disclosure on [Redacted] and consented to it on [Redacted]. This meets the [Redacted]business days before the closing date of [Redacted] Seller Comment (2026-04-15): [Redacted] [Redacted] Please see the attached TRID Disclosure History and initial Closing disclosure that shows the borrower was sent the initial Closing Disclosure on[Redacted] and consented to it on[Redacted]. This meets the[Redacted]business days before the closing date of [Redacted] |
04/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| [Redact] | 10181485 | [Redact] | [Redact] | 36282607 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[Redacted] exceeds tolerance of $-[Redacted]. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[Redacted] exceeds tolerance of $-[Redacted]. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-15): [Redacted] Received Valid COC dated [Redacted] along with CD. Seller Comment (2026-04-15): [Redacted] [Redacted] Assets and liabilities were updated by underwriting on [Redacted]which Increased the DTI to [Redacted]% from [Redacted]% which added a loan level pricing adjusters "Bank Statement [Redacted]- DTI; CLTV [Redacted]-[Redacted]%" . A Closing disclosure went out the same day to the borrower. Please see the attached Lock Confirmation and Closing Disclosure Seller Comment (2026-04-15): [Redacted] [Redacted] Assets and liabilities were updated by underwriting on [Redacted] which Increased the DTI to [Redacted]% from [Redacted]% which added a loan level pricing adjusters "Bank Statement [Redacted]- DTI; CLTV [Redacted]-[Redacted]%" . A Closing disclosure went out the same day to the borrower. Please see the attached Lock Confirmation and Closing Disclosure |
04/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10181485 | [Redact] | [Redact] | 36282609 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-15): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Seller Comment (2026-04-15): [Redacted] [Redacted] Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Credit Report. |
04/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10181485 | [Redact] | [Redact] | 36292766 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-15): Sufficient Cure Provided At Closing |
04/15/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| [Redact] | 10193528 | [Redact] | [Redact] | 35940607 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10193528 | [Redact] | [Redact] | 36301780 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | 04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10193528 | [Redact] | [Redact] | 36301791 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | 04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10194330 | [Redact] | [Redact] | 35946359 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10194330 | [Redact] | [Redact] | 36192411 | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | 03/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10194330 | [Redact] | [Redact] | 36192418 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[Redacted] exceeds tolerance of $-[Redacted]. Insufficient or no cure was provided to the borrower. | No cure nor COC provided. | Reviewer Comment (2026-04-02): [Redacted] Received Rate lock alogn with additional information on the exception comment stating lock extended. Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see attached Rate Lock sheets, COC, and corresponding disclosure. On [Redacted] the lock was extended, affecting the LLPA, negative pricing disclosed on the[Redacted] CD Seller Comment (2026-04-01): [Redacted][Redacted]: Please see attached Rate Lock sheets, COC, and corresponding disclosure. On[Redacted] the lock was extended, affecting the LLPA, negative pricing disclosed on the[Redacted] CD Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see attached Rate Lock sheets, COC, and corresponding disclosure. On[Redacted]the lock was extended, affecting the LLPA, negative pricing disclosed on the [Redacted] CD Seller Comment (2026-04-01): [Redacted] [Redacted]: Please see attached Rate Lock sheets, COC, and corresponding disclosure. On [Redacted] the lock was extended, affecting the LLPA, negative pricing disclosed on the [Redacted] CD |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10195042 | [Redact] | [Redact] | 35949316 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-10): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-08): Note and collateral package has been received, tracking # to confirm - [Redacted] |
04/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10195042 | [Redact] | [Redact] | 36216923 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-03): Client elected to waive the condition on the Non-QM 1st lien |
04/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10195042 | [Redact] | [Redact] | 36216951 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | The lender qualified with higher income by using co-mingled accounts The lender used the deposits from account [Redacted] for the months [Redacted] and statements from account [Redacted] for the months [Redacted]. Only the statements from account [Redacted] were used to determine the income. [Redacted] moths statements for account [Redacted] are required to use the income from the [Redacted] account. | Reviewer Comment (2026-04-08): Clarification from the borrower provided regarding the co-mingled accounts. The recalculated DTI meets the guideline requirements Seller Comment (2026-04-06): Income calculation Seller Comment (2026-04-06): Please review borrower LOE - the [Redacted] account..[Redacted]was closed and balance was rolled into the new account. Providing Underwriter bank statement income calculation showing that he combined the cashflow, first page is "overall" subsequent pages of income calculation shows [Redacted]month cash flow tracking both accounts. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10195123 | [Redact] | [Redact] | 35949478 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195123 | [Redact] | [Redact] | 36263107 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing |
04/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10195123 | [Redact] | [Redact] | 36263108 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing |
04/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10195123 | [Redact] | [Redact] | 36263109 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing |
04/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10195125 | [Redact] | [Redact] | 35949481 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195431 | [Redact] | [Redact] | 35951192 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-09): Tracking Number [Redacted] |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195431 | [Redact] | [Redact] | 36230480 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | 04/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10195436 | [Redact] | [Redact] | 35951283 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195436 | [Redact] | [Redact] | 36257188 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-08): Sufficient Cure Provided At Closing |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10195788 | [Redact] | [Redact] | 35957189 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-06): Waived on Rate Lock: Collateral cleared by Custodian |
04/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195788 | [Redact] | [Redact] | 36179669 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Client Approved Exception for using the expense ratio from the letter from a licensed enrolled agent in lieu of the guideline requirements stating the letter must come from a tax preparer, or CPA. | The representative FICO score exceeds the guideline minimum by at least [Redacted] points. Borrower has verified disposable income of at least $[Redacted]. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. |
Client elects to waive with compensating factors: the FICO is [Redacted], the LTV is [Redacted]% and the residual income is [Redacted]. Client elects to waive with compensating factors: the FICO is [Redacted], the LTV is [Redacted]% and the residual income is [Redacted]. Client elects to waive with compensating factors: the FICO is [Redacted], the LTV is [Redacted]% and the residual income is [Redacted]. |
[Redact],Aggregator Aggregator,[Redact] Aggregator,[Redact] |
Reviewer Comment (2026-03-31): Client elects to waive with compensating factors: the FICO is [Redacted], the LTV is [Redacted]% and the residual income is [Redacted]. |
03/31/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10195791 | [Redact] | [Redact] | 35957193 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-16): Waived on Rate Lock: Collateral cleared by Custodian |
03/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10195791 | [Redact] | [Redact] | 36041522 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-03-12): Client elected to waive the condition on the Non-QM 1st lien |
03/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10195785 | [Redact] | [Redact] | 35957205 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10195777 | [Redact] | [Redact] | 35957214 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10195795 | [Redact] | [Redact] | 35957824 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-24): Note [Redacted] tracking#[Redacted] |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10196897 | [Redact] | [Redact] | 35961418 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-26): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-25): Collateral documents were received today, [Redacted] - Tracking# - [Redacted] |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Second Home | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10196897 | [Redact] | [Redact] | 36093633 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted]. | Reviewer Comment (2026-03-19): Client elected to waive the condition on the Non-QM 1st lien |
03/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Second Home | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10196897 | [Redact] | [Redact] | 36098573 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, Rural properties are ineligible for second homes. Lender Exception Approval in loan file with compensating factors: LTV [Redacted]% vs max [Redacted]%, current DTI [Redacted]% vs Max DTI [Redacted]% and reserves [Redacted] months vs [Redacted] months required. Missing Client approval form in loan file. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [Redacted]%. The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
LTV [Redacted] where [Redacted] is maximum Reserves of $[Redacted] where $[Redacted] is required ([Redacted]) DTI of [Redacted] where [Redacted] is maximum |
[Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] Originator Pre-Close,Aggregator,[Redact] [Redact] [Redact] Originator Pre-Close,Aggregator,[Redact] [Redact] |
Reviewer Comment (2026-03-29): Client elected to waive the condition with the following Compensating Factors: LTV [Redacted]where [Redacted]is maximum Reserves of $[Redacted]where $[Redacted]is required ([Redacted]) DTI of [Redacted]where [Redacted]is maximum Seller Comment (2026-03-26): Client approval Reviewer Comment (2026-03-25): A fully executed Client approval is required from [Redacted]. Condition remains. Seller Comment (2026-03-23): Approved Logan Credit exception |
03/29/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10196902 | [Redact] | [Redact] | 35961519 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-24): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-22): Tracking Number [Redacted] |
04/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10196902 | [Redact] | [Redact] | 36314460 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on an Original Loan Amount of $[Redacted], versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-21): Client elected to waive the condition on the Non-QM 1st lien |
04/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10196904 | [Redact] | [Redact] | 35961719 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-17): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-15): Tracking Number [Redacted] |
04/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10197917 | [Redact] | [Redact] | 35967247 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10198644 | [Redact] | [Redact] | 35968212 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-01): Tracking Number [Redacted] |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10198644 | [Redact] | [Redact] | 36181761 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-03-31): Client elected to waive the condition on the Non-QM 1st lien |
03/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10198644 | [Redact] | [Redact] | 36181871 | Credit | Guideline | Guideline Issue | Guideline | The property site acres is greater than 10 acres which does not meet guidelines. | - | Appraisal reflects subject property is on [Redacted] acres. Guidelines allow properties up to [Redacted] acres only. | Reviewer Comment (2026-04-16): Revised appraisal provided correcting the site area for the subject only instead of the entire project. Seller Comment (2026-04-15): please see revised appraisal with site area updated from total complex acreage to unit square footage Reviewer Comment (2026-04-13): Rebuttal reviewed; however the appraisal needs to update the acreage for the subject only. Per title, the land was split into lots, the subject is lot [Redacted], and the accurate acreage for lot [Redacted]only needs to be identified. Condition is valid and remains open Seller Comment (2026-04-10): please see attached investor memo regarding the appraisal Reviewer Comment (2026-04-02): On the first page of the 1025, in the Site section the Area reflects [Redacted]. Condition remains. Seller Comment (2026-04-01): please clarify as this is a condo unit |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10198645 | [Redact] | [Redact] | 35968328 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Reviewer Comment (2026-04-29): Client requested condition to be cleared. Seller Comment (2026-04-24): [Redacted] tracking: [Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10198645 | [Redact] | [Redact] | 36315405 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing a copy of the HOA document. | Reviewer Comment (2026-04-27): Received HOA Verification. Exception cleared. Seller Comment (2026-04-24): please see reo HOA doc [Redacted] |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10198645 | [Redact] | [Redact] | 36315409 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on an Original Loan Amount of $[Redacted] versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]). | Reviewer Comment (2026-04-22): Client elected to waive the condition on the Non-QM 1st lien |
04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Limited Cash-out GSE | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10198645 | [Redact] | [Redact] | 36315433 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage insufficient by $[Redacted]. Provide updated policy reflecting minimum coverage of $[Redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-04-27): Received Replacement Cost Estimator. Exception cleared. Seller Comment (2026-04-24): please see HOI agent letter doc [Redacted]with attached outline of coverage that reflects "replacement cost" |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10198645 | [Redact] | [Redact] | 36345285 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | The Lifetime Cap does not agree with Schedule SCH: MISSING :NOTE: NOT LISTED | Reviewer Comment (2026-04-29): Client requested condition to be cleared. Seller Comment (2026-04-28): please clarify as Note ARM terms match most recent ARM disclosure, doc [Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||
| [Redact] | 10199501 | [Redact] | [Redact] | 35969991 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-25): Waived on Rate Lock: Collateral cleared by Custodian |
03/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10199501 | [Redact] | [Redact] | 36088581 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | 03/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10199524 | [Redact] | [Redact] | 35970291 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-01): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-31): collateral delivered [Redacted] via fedex tracking [Redacted] |
04/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10199524 | [Redact] | [Redact] | 36151211 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | The file is missing proof of the Universal Loan Identifier (ULI). | Universal Loan Identifier (ULI) not provided. | Reviewer Comment (2026-03-31): ULI provided Seller Comment (2026-03-27): ULI number - [Redacted] |
03/31/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10199524 | [Redact] | [Redact] | 36154444 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Power of Attorney (POA) not provided | Power of Attorney (POA) not provided. | Reviewer Comment (2026-03-30): Received and associated Power of Attorney (POA). Exception cleared. Seller Comment (2026-03-27): POA |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10199528 | [Redact] | [Redact] | 35970378 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-27): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-24): [Redacted] Tracking Number [Redacted] |
04/27/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10199528 | [Redact] | [Redact] | 36325121 | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | - | Missing required Transcript (1040) or W-2 Transcript. | Reviewer Comment (2026-04-30): Received and associated Transcript (1040). Exception Remains Seller Comment (2026-04-29): please see attached tax transcripts Reviewer Comment (2026-04-28): The file contains B2's [Redacted]and [Redacted]Form 1040s; however, the required IRS Transcript (Form 1040) or W-2 Transcript has not been provided. Exception remains. Seller Comment (2026-04-27): please see B1's [Redacted] & [Redacted]W2's , docs [Redacted]& [Redacted] Seller Comment (2026-04-27): and [Redacted]'s docs [Redacted]& [Redacted] Seller Comment (2026-04-27): please see B2's [Redacted]& [Redacted]1040 forms, docs [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10199528 | [Redact] | [Redact] | 36325122 | Credit | Guideline | Guideline Issue | Guideline | Missing required Transcript (1040) or W-2 Transcript. | - | Missing required Transcript (1040) or W-2 Transcript. | Reviewer Comment (2026-04-30): Received and associated W-2 Transcript. Exception Remains Seller Comment (2026-04-29): please see attached tax transcripts Reviewer Comment (2026-04-28): The file contains B1's [Redacted]and [Redacted]Form 1040s; however, the required IRS Transcript (Form 1040) or W-2 Transcript has not been provided. Exception Remains Seller Comment (2026-04-28): please see B1's [Redacted]& [Redacted]W2's , docs [Redacted]& [Redacted] |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10199528 | [Redact] | [Redact] | 36327532 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third Party Self-Employment Verification for Borrower 2 not provided. | Reviewer Comment (2026-05-01): Third party verification provided Seller Comment (2026-05-01): please see attached cpa letter Reviewer Comment (2026-04-28): Third-party verification is required for [Redacted]. Exception Remains. Seller Comment (2026-04-27): please see B2's 1009 docs [Redacted]& [Redacted]listing business name "[Redacted]". This matches business license doc [Redacted]that was pulled on [Redacted] |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10199657 | [Redact] | [Redact] | 35970498 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10199660 | [Redact] | [Redact] | 35970499 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-03): Waived on Rate Lock: Collateral cleared by Custodian |
04/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10199662 | [Redact] | [Redact] | 35970500 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-02): Waived on Rate Lock: Collateral cleared by Custodian |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10200240 | [Redact] | [Redact] | 35975728 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-04): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-30): (Rate Lock) Per tracking [Redacted]the Note was delivered on [Redacted] |
05/04/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10200240 | [Redact] | [Redact] | 36360132 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | 04/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10200240 | [Redact] | [Redact] | 36360136 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-28): Sufficient Cure Provided At Closing |
04/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10200253 | [Redact] | [Redact] | 35983247 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-30): Waived on Rate Lock: Collateral cleared by Custodian |
03/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10200253 | [Redact] | [Redact] | 36122451 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC not provided. | Reviewer Comment (2026-03-29): Fraud report provided |
03/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10200253 | [Redact] | [Redact] | 36123228 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Lease Agreement(s) not provided. | Reviewer Comment (2026-03-29): Lease agreements provided Seller Comment (2026-03-26): leases |
03/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10200253 | [Redact] | [Redact] | 36124143 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report not provided. | Reviewer Comment (2026-03-27): Received and associated Fraud Report. Exception cleared. Seller Comment (2026-03-26): fraud report |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||
| [Redact] | 10200253 | [Redact] | [Redact] | 36124221 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report not provided. | Reviewer Comment (2026-03-29): Fraud Report provided |
03/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10200264 | [Redact] | [Redact] | 35984414 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-10): Tracking Number [Redacted] |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Limited Cash-out GSE | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10200264 | [Redact] | [Redact] | 36263269 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification of appraisal delivery to borrower was not provided. | 04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Limited Cash-out GSE | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10200264 | [Redact] | [Redact] | 36263272 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Re-Inspection Fee was last disclosed as $[Redacted] on Loan Estimate but disclosed as $[Redacted] on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-16): [Redacted] received PCCD, LOE, proof of mailing & copy of refund check. Seller Comment (2026-04-15): PCCD, label and check |
04/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Refinance - Limited Cash-out GSE | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10200282 | [Redact] | [Redact] | 35984774 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-03): Waived on Rate Lock: Collateral cleared by Custodian |
04/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10200282 | [Redact] | [Redact] | 36208292 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | 04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 35985643 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-30): Waived on Rate Lock: Collateral cleared by Custodian |
04/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349711 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | 04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349714 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the borrower. | Reviewer Comment (2026-04-29): Undiscounted rate and price provided verifying a portion of the discount points were bona fide. Seller Comment (2026-04-29): [Redacted] [Redacted] See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within [Redacted]% higher than APOR which allows for [Redacted]% bonafide discount to be applied. The Undiscounted Interest Rate Price is $[Redacted]. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349715 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Mortgage loan financed points and fees. | Reviewer Comment (2026-04-29): Undiscounted rate and price provided verifying a portion of the discount points were bona fide. Seller Comment (2026-04-29): [Redacted] [Redacted] See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within[Redacted]% higher than APOR which allows for[Redacted]% bonafide discount to be applied. The Undiscounted Interest Rate Price is $[Redacted]. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349716 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [Redacted]% of the amount past due or grace period of less than [Redacted] days. | Mortgage loan contains a late charge that exceeds the greater of [Redacted]% of the amount past due or a grace period of less than [Redacted] days. | Reviewer Comment (2026-04-29): Undiscounted rate and price provided verifying a portion of the discount points were bona fide. Seller Comment (2026-04-29): [Redacted] [Redacted] See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within [Redacted]% higher than APOR which allows for [Redacted]% bonafide discount to be applied. The Undiscounted Interest Rate Price is $[Redacted] |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349717 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees of $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). Non-Compliant High Cost Loan. | The file is missing proof of the undiscounted start rate and undiscounted price to determine if any of the discount points are considered bona fide. | Reviewer Comment (2026-04-29): Undiscounted rate and price provided verifying a portion of the discount points were bona fide. Seller Comment (2026-04-29): [Redacted] [Redacted] See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within [Redacted]% higher than APOR which allows for[Redacted]% bonafide discount to be applied. The Undiscounted Interest Rate Price is $[Redacted] |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349718 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-04-29): Undiscounted rate and price provided verifying a portion of the discount points were bona fide. Seller Comment (2026-04-29): [Redacted] [Redacted]See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within [Redacted]% higher than APOR which allows for[Redacted]% bonafide discount to be applied. The Undiscounted Interest Rate Price is $[Redacted] |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349719 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Points and fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] versus an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-28): Client elected to waive the condition on the Non-QM 1st lien |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10200338 | [Redact] | [Redact] | 36349722 | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[Redacted] exceeds tolerance of $[Redacted] plus [Redacted]% or $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-27): Sufficient Cure Provided At Closing |
04/27/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10200923 | [Redact] | [Redact] | 35991342 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-03): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-24): See attached collateral package. Page [Redacted] has tracking number |
04/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10201308 | [Redact] | [Redact] | 35993787 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-13): Tracking number [Redacted] |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10201308 | [Redact] | [Redact] | 36232988 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock is missing. | Reviewer Comment (2026-04-09): Rate lock provided Seller Comment (2026-04-08): Lock |
04/09/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10201308 | [Redact] | [Redact] | 36233058 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy to have a effective date that is after the later of the disbursement, note or transaction date. | Reviewer Comment (2026-04-14): Updated policy provided Seller Comment (2026-04-10): HOI Reviewer Comment (2026-04-09): The declarations page (doc id [Redacted]) trumps the binder. The effective date on the dec page is [Redacted] which is prior to closing. An updated declarations page is required. Condition is valid and remains open Seller Comment (2026-04-08): See D0335 Binder which shows effective date of [Redacted] at the top |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10201308 | [Redact] | [Redact] | 36236130 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | 04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36310383 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report was not provided. | Reviewer Comment (2026-04-27): Received and associated Fraud Report. Exception cleared. Seller Comment (2026-04-24): [Redacted] [Redacted]: Please see attached document |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36310392 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title Policy is within CA and does not reflect a coverage amount (Final title policy was not found in file). Unable to determine if appropriate coverage is provided. | 04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36310399 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report was not provided. | Reviewer Comment (2026-04-27): Received and associated Fraud Report. Exception cleared. Seller Comment (2026-04-24): [Redacted] [Redacted]: Please see attached copy of the fraud report |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36321959 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-27): Received bank statements dated [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] and [Redacted].Exception Cleared. Seller Comment (2026-04-24): [Redacted] [Redacted]: Please see attached income worksheet with bank statements. The [Redacted] [Redacted] were not used in the income calculation so they are not required. Seller Comment (2026-04-24): The file is missing the business bank account number ending [Redacted] statements for the following months ending: [Redacted], [Redacted], [Redacted],[Redacted], [Redacted]5, and [Redacted]. |
04/27/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Purchase | Lender to provide updated ATR/QM status | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36321960 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. | The file is missing the business bank account number ending [Redacted] statements for the following months ending: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-04-27): Received bank statements dated [Redacted], [Redacted], [Redacted], [Redacted], [Redacted] and [Redacted].Exception Cleared. Seller Comment (2026-04-24): [Redacted][Redacted]: Please see attached income worksheet with bank statements. The [Redacted] [Redacted]were not used in the income calculation so they are not required. Seller Comment (2026-04-24): [Redacted] [Redacted]: Please see attached income worksheet with bank statements. The [Redacted] [Redacted]were not used in the income calculation so they are not required. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36321961 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The file is missing the business bank account number ending [Redacted] statements for the following months ending: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-04-27): Received bank statements dated [Redacted], [Redacted],[Redacted], [Redacted],[Redacted], and [Redacted].Exception Cleared. Seller Comment (2026-04-24): [Redacted] [Redacted]: Please see attached income worksheet with bank statements. The [Redacted] [Redacted]were not used in the income calculation so they are not required. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36321963 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | The file is missing the business bank account number ending [Redacted] statements for the following months ending: [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted]. | Reviewer Comment (2026-04-27): Received bank statements dated [Redacted], [Redacted], [Redacted], [Redacted], [Redacted], and [Redacted].Exception Cleared. |
04/27/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36322104 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | The file is missing two consecutive months statements for the account [Redacted]. The most recent month ending statement is dated [Redacted] and the [Redacted] nor the [Redacted] statement was provided. | Reviewer Comment (2026-04-27): Received two consecutive months statements for the account xx[Redacted].Exception Cleared. Seller Comment (2026-04-24): [Redacted][Redacted]: Please see attached documentation |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36322667 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Reviewer Comment (2026-04-29): Policy with corrected coverage date provided. Exception cleared. Seller Comment (2026-04-28): [Redacted] [Redacted]: Please see attached policy that shows policy effective dates of[Redacted] and the loan disbursed on [Redacted] Reviewer Comment (2026-04-27): The disbursement date identified on the post-close CD of [Redacted] was used for testing. This date is prior to the effective date of the HOI. Provide a revised PCCD and a copy of the final settlement statement verifying an updated disbursement date of [Redacted] or later. Condition is valid and remains open Seller Comment (2026-04-24): [Redacted] [Redacted]: Please note that the subject property is located in [Redacted], which is a dry funding state. [Redacted] states ensure that the loan documentation is signed and verified on the loan's closing date, but the loan does not actually close until the funds have been wired. Since the policy was in effect at the time of the disbursement date, this is acceptable for a [Redacted] state |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10202266 | [Redact] | [Redact] | 36323717 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10202268 | [Redact] | [Redact] | 35998203 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-06): Waived on Rate Lock: Collateral cleared by Custodian |
04/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | B | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10202268 | [Redact] | [Redact] | 36190079 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines state a tax preparer, or CPA can be used for the verification of business and verifying the ownership percentage. However, a CPA must be used if we are using the letter to determine the expense ratio. Client exception approval to proceed with using a letter from a tax preparer to confirm the business expense ratios and withdrawal of funds will not harm the financial strength of the business. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. Borrower has verified disposable income of at least $[Redacted]. |
Client elects to waive with compensating factors: the residual income is [Redacted], the FICO is [Redacted] and we have an additional [Redacted] months for reserves. Client elects to waive with compensating factors: the residual income is [Redacted], the FICO is [Redacted] and we have an additional [Redacted] months for reserves. Client elects to waive with compensating factors: the residual income is [Redacted], the FICO is [Redacted] and we have an additional [Redacted] months for reserves. |
Aggregator,[Redact] [Redact],Aggregator Aggregator,[Redact] |
Reviewer Comment (2026-03-31): Client elects to waive with compensating factors: the residual income is[Redacted], the FICO is[Redacted] and we have an additional [Redacted] months for reserves. |
03/31/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | B | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redact] | 10202560 | [Redact] | [Redact] | 36000344 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-03-26): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-03-25): Collateral delivered on [Redacted]via [Redacted] tracking number [Redacted] |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10202575 | [Redact] | [Redact] | 36000818 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-10): Tracking Number [Redacted] |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10202575 | [Redact] | [Redact] | 36262729 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation | 04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10202575 | [Redact] | [Redact] | 36263071 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | 04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36007308 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-10): Waived on Rate Lock: Collateral cleared by Custodian |
04/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36251250 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | 04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36251290 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-[Redacted] exceeds tolerance of $-[Redacted]. Insufficient or no cure was provided to the borrower. | Lender Credit was last disclosed as $[Redacted] on CD dated [Redacted] but disclosed as $[Redacted] on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-17): [Redact] Received revised lock showing DTI changed affected pricing. Seller Comment (2026-04-16): [Redacted][Redacted]: Please see attached Rate Lock sheets and corresponding disclosure. On [Redacted] the DTI changed, affecting the LLPA, negative pricing disclosed on the [Redacted] CD Seller Comment (2026-04-16): [Redacted] [Redacted]: Please see attached Rate Lock sheets and corresponding disclosure. On [Redacted] the DTI changed, affecting the LLPA, negative pricing disclosed on the[Redacted] CD |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36251291 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Second Appraisal Fee was not disclosed on Loan Estimate. File does not contain a valid COC for this fee, nor evidence of cure. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-17): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Seller Comment (2026-04-16): [Redacted] [Redacted]: A tolerance credit in the amount of $[Redacted] for the appraisal fee was reflected on the final Closing Disclosure |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36251292 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Transfer Tax Fee was last disclosed as $[Redacted] on LE but disclosed as $[Redacted] on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $[Redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. | Reviewer Comment (2026-04-17): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Seller Comment (2026-04-16): [Redacted] [Redacted]: A tolerance credit in the amount of $[Redacted] for the transfer tax fee was reflected on the final Closing Disclosure |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36298404 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| [Redact] | 10203673 | [Redact] | [Redact] | 36298405 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||||||
| [Redact] | 10206238 | [Redact] | [Redact] | 36036470 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-17): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-15): Tracking Number [Redacted] |
04/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10206240 | [Redact] | [Redact] | 36036986 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-13): Tracking Number [Redacted] |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10206240 | [Redact] | [Redact] | 36263753 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted]; please provide an updated title report. | 04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10206240 | [Redact] | [Redact] | 36263758 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on the subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge totals $[Redacted] on an Original Loan Amount of $[Redacted] versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-10): Client elected to waive the condition on the Non-QM 1st lien |
04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Limited Cash-out GSE | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10206240 | [Redact] | [Redact] | 36266725 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | [Redacted] Checking Account Number Ending [Redacted], [Redacted] Savings Account Number Ending [Redacted], [Redacted] Account Number Ending [Redacted], [Redacted], and [Redacted] ([Redacted] Statement Provided), months verified are less than [Redacted] months. | Reviewer Comment (2026-04-28): Received updated 1003. Exception Cleared. Seller Comment (2026-04-27): Corrected the 1003; Final CD did not reflect any funds brought into close or a POC. chase account not required to document reserves and please omit. Updated assets of $[Redacted]was sufficient. Reviewer Comment (2026-04-27): Received updated 1003 is showing [Redacted] accounts ending #[Redacted]were used for the qualification. Please provide one more month statement for the [Redacted] account ending #[Redacted]. Exception remains. Seller Comment (2026-04-24): updated 1003 removing the [Redacted] account and adding the [Redacted] acct ending in [Redacted] Reviewer Comment (2026-04-24): As per Final 1003 [Redacted] accounts were used for the qualification. Please provide one more month statement for the [Redacted] account ending #[Redacted]and #[Redacted]. Exception remains. Seller Comment (2026-04-23): Please remove the [Redacted] account from asset calculation. [Redacted] accounts reflected sufficient funds to cover reserves. Reviewer Comment (2026-04-23): Received [Redacted] quarterly statement are considered, please provide one more month statement for the [Redacted] account ending #[Redacted] and #[Redacted]. Exception remains. Seller Comment (2026-04-22): [Redacted]day history Reviewer Comment (2026-04-17): The AUS is not considered in the review or guidelines. This is a Non-QM loan and per the guidelines, Chapter 6: Asset statements provided must cover at least [Redacted]days. Condition is valid and remains open Seller Comment (2026-04-16): please consider the LP report with the one month requirement. |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Limited Cash-out GSE | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10206525 | [Redact] | [Redact] | 36039407 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10206525 | [Redact] | [Redact] | 36214154 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Final CD/First Payment Letter not provided. | Reviewer Comment (2026-04-07): Received and associated CD. Exception cleared. Seller Comment (2026-04-06): [Redacted] [Redacted]: Please see attached. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10206520 | [Redact] | [Redact] | 36039414 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-06): Waived on Rate Lock: Collateral cleared by Custodian |
04/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [Redact] | 10206557 | [Redact] | [Redact] | 36042213 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-17): Waived on Rate Lock: Collateral cleared by Custodian |
04/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10206557 | [Redact] | [Redact] | 36290649 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | 04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10207297 | [Redact] | [Redact] | 36052099 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10209758 | [Redact] | [Redact] | 36063794 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Reviewer Comment (2026-04-28): Cleared per the client Seller Comment (2026-04-24): (Rate Lock) Per tracking [Redacted]the Note was delivered on [Redacted] |
04/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10209758 | [Redact] | [Redact] | 36315955 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard Insurance Policy was not found in file. | Reviewer Comment (2026-04-27): Received Hazard Insurance Policy. Exception cleared. Seller Comment (2026-04-24): (Rate Lock) HOI |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10209758 | [Redact] | [Redact] | 36315969 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary title policy amount was not provided. | 04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10209758 | [Redact] | [Redact] | 36355076 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | The [Redacted] Cap does not agree with Schedule SCH: MISSING :NOTE: NOT LISTED | Reviewer Comment (2026-04-28): Cleared per the client Seller Comment (2026-04-28): (Rate Lock) The Note that was shipped does show the max rate. The max cap percentage is 5 and if you add this to the rate the maximum interest is[Redacted]%. I have reviewed other Conv ARM loans, and this is how the Notes read. Can you please review and advise? |
04/28/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||
| [Redact] | 10210309 | [Redact] | [Redact] | 36066724 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10210309 | [Redact] | [Redact] | 36233005 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-06): Client elected to waive the condition on the Non-QM 1st lien |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10212879 | [Redact] | [Redact] | 36076190 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-03): Waived on Rate Lock: Collateral cleared by Custodian |
04/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10212879 | [Redact] | [Redact] | 36163042 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | 03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10215062 | [Redact] | [Redact] | 36090918 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10215062 | [Redact] | [Redact] | 36245489 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title Policy is within [Redacted] and does not reflect a coverage amount (no Final Title Policy in file). Unable to determine if appropriate coverage is provided. | 04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36090994 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Reviewer Comment (2026-04-29): Client requested condition to be cleared. Seller Comment (2026-04-28): Please advise. Note on [Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36332353 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing a copy of insurance verification. | Reviewer Comment (2026-04-30): Received HOA Verification. Exception Cleared. Seller Comment (2026-04-30): [Redacted]for condo fee + [Redacted]+ [Redacted]= [Redacted] Reviewer Comment (2026-04-30): The final 1003 has other payment of $[Redacted]in that we can verify Insurance Verification of $[Redacted]and tax amount of $ [Redacted]still unable to verify the $[Redacted]other payment amount however HOA documentation, or other supporting documentation to verify the other payments. Exception Remains Seller Comment (2026-04-29): Tax Reviewer Comment (2026-04-29): EXCEPTION HISTORY - Exception Explanation was updated on[Redacted] PRIOR Exception Explanation: Insurance Verification Reviewer Comment (2026-04-29): The provided Insurance Verification document reflects an amount of $[Redacted]; however, the final 1003 lists an other payment of $[Redacted]. Please provide the tax certificate and HOA documentation, or other supporting documentation, for the other payment amount of $[Redacted]. Exception Remains. Seller Comment (2026-04-28): [Redacted] Seller Comment (2026-04-28): H06 |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36332355 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA and insurance verification. | Reviewer Comment (2026-04-30): Received HOA Verification. Exception Cleared. Seller Comment (2026-04-30): [Redacted]for condo fee + [Redacted]+ [Redacted]= [Redacted] Reviewer Comment (2026-04-30): The final 1003 reflects an Other Payment of $[Redacted]. Of this amount, insurance of $[Redacted]and property taxes of $[Redacted]have been verified. However, we are still unable to verify the remaining $[Redacted]Other Payment, as no HOA documentation or other supporting documentation has been provided to substantiate this amount. Exception Remains Seller Comment (2026-04-29): Tax Reviewer Comment (2026-04-29): EXCEPTION HISTORY - Exception Explanation was updated on[Redacted] PRIOR Exception Explanation: Insurance Verification, Statement Reviewer Comment (2026-04-29): The received mortgage statement and Insurance Verification document reflect an amount of $[Redacted]; however, the final 1003 lists an other payment of $[Redacted]. Please provide the tax certificate and HOA documentation, or other supporting documentation, for the other payment amount of $[Redacted]. Exception Remains. Seller Comment (2026-04-28): [Redacted] |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36332369 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided. | 04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36335786 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not High Cost and Not Higher Priced | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). | Initial 1003 says borrower would occupy the subject as a primary residence. | 04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10215064 | [Redact] | [Redact] | 36345291 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | The Lifetime Cap does not agree with Schedule SCH: MISSING :NOTE: NOT LISTED | Reviewer Comment (2026-04-29): Client requested condition to be cleared. Seller Comment (2026-04-28): Please advise. Note on[Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||
| [Redact] | 10216727 | [Redact] | [Redact] | 36100418 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-10): Tracking Number [Redacted] |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10216727 | [Redact] | [Redact] | 36263515 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing documentation to verify Hazard Insurance and Taxes for REO. | Reviewer Comment (2026-04-14): Received Tax Certificate & Hazard Insurance Policy. Exception cleared. Seller Comment (2026-04-13): please see attached reo [Redacted]everett hoi and tax docs |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10216727 | [Redact] | [Redact] | 36263517 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing documentation to verify Hazard Insurance and Taxes for REO. | Reviewer Comment (2026-04-14): Received Tax Certificate & Hazard Insurance Policy. Exception cleared. Seller Comment (2026-04-13): please see attached reo [Redacted]walnut hoi & tax docs |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10216747 | [Redact] | [Redact] | 36101124 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10216747 | [Redact] | [Redact] | 36304653 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-20): Client elected to waive the condition on the Non-QM 1st lien |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10217055 | [Redact] | [Redact] | 36102152 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10217055 | [Redact] | [Redact] | 36296774 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed $[Redacted] of title insurance coverage; however, this is less than the loan amount of $[Redacted]. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | 04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10217055 | [Redact] | [Redact] | 36302423 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivered to borrower was not provided. | 04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10217053 | [Redact] | [Redact] | 36102162 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10217053 | [Redact] | [Redact] | 36217225 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Per the guidelines, assets must be sourced/seasoned for [Redacted] days (or 2 months). The file only contained 1 month statement from [Redacted] and a printout covering the period of [Redacted]. with an end date of [Redacted]. Provide additional statements to cover the required [Redacted] days or 2 months. | Reviewer Comment (2026-04-29): Additional statement provided and met [Redacted]days seasoning requirements. Exception cleared. Seller Comment (2026-04-28): [Redacted] [Redacted]: Please see the attached 2nd month statement from [Redacted] [Redacted]. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||
| [Redact] | 10217597 | [Redact] | [Redact] | 36107073 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-24): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-23): Tracking Number [Redacted] |
04/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10217597 | [Redact] | [Redact] | 36324337 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-22): Client elected to waive the condition on the Non-QM 1st lien |
04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10217597 | [Redact] | [Redact] | 36324342 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary title policy amount not provided. | 04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | B | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10217595 | [Redact] | [Redact] | 36109265 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-16): Waived on Rate Lock: Collateral cleared by Custodian |
04/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10217595 | [Redact] | [Redact] | 36252986 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] | Reviewer Comment (2026-04-08): Client elected to waive the condition on the Non-QM 1st lien |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10217595 | [Redact] | [Redact] | 36255101 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-08): Sufficient Cure Provided At Closing |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10217639 | [Redact] | [Redact] | 36111179 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-29): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-23): Tracking Number [Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10217639 | [Redact] | [Redact] | 36315561 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal delivered to the borrower was not found in file. | 04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10217639 | [Redact] | [Redact] | 36345280 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | Mortgagor Name(s) does not agree with Schedule SCH:[Redacted] :NOTE:[Redacted] | Buyer Comment (2026-04-29): Waived on Rate Lock: Collateral cleared by Custodian |
04/29/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||||||
| [Redact] | 10217997 | [Redact] | [Redact] | 36112358 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-08): Waived on Rate Lock: Collateral cleared by Custodian |
04/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Limited Cash-out GSE | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10217997 | [Redact] | [Redact] | 36214957 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-02): Client elected to waive the condition on the Non-QM 1st lien |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Limited Cash-out GSE | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10217997 | [Redact] | [Redact] | 36214961 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-02): Sufficient Cure Provided At Closing |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Limited Cash-out GSE | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10217997 | [Redact] | [Redact] | 36214962 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Electronic Document Delivery Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-02): Sufficient Cure Provided At Closing |
04/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Limited Cash-out GSE | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10269044 | [Redact] | [Redact] | 36119392 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Status please Seller Comment (2026-04-10): See attached Collateral package |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10269044 | [Redact] | [Redact] | 36261420 | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty - Business Entity | [Redacted] Prepayment Penalty: No prepayment penalties are permissible in the state of [Redacted] under [Redacted]. [Redacted]:[Redacted]. Prepay language states prepay will not exceed maximum permitted by applicable law. | Reviewer Comment (2026-04-15): Client elected to waive the condition. Note: it is the client's interpretation that prepayment penalty in [Redacted] is allowable under law. Seller Comment (2026-04-15): Status Please Reviewer Comment (2026-04-10): Elevated to the client for review Seller Comment (2026-04-10): PPP allowed when vested as LLC |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10221236 | [Redact] | [Redact] | 36140256 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-13): (Rate Lock) [Redacted] |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10221236 | [Redact] | [Redact] | 36251905 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | File does not contain documentation from lender/seller confirming the condo is warrantable or not | Reviewer Comment (2026-04-23): Seller confirmed that condo is warrantable. Condition cleared. Seller Comment (2026-04-22): The condo project is warrantable. This has a Limited Condo Review and Limited Condo Reviews can only be completed on warrantable condos. Please Cancel. Reviewer Comment (2026-04-22): The doc referenced in the rebuttal was completed by the HOA/Management Company, which is not acceptable. Documentation from the lender confirming if the project is warrantable is required per the client's deal settings. This can be cleared with one of the following: Project review from the lender confirming project is warrantable, a processors cert from the lender confirming the project is warrantable, or a comment to the condition from the lender confirming warrantability. Condition is valid and remains open Seller Comment (2026-04-21): The [Redacted] Limited Review Condominium Questionnaire is on page [Redacted] and the [Redacted] Condo Review Form is on page [Redacted]with the first section disclosing the review decision of approved. Please cancel. If you are needing something different please specify because all documents appear to be in [Redacted]. Reviewer Comment (2026-04-20): The available condo review form does not give the condo warrantable information. Please provide the Condo warranty documentation. Exception Remains. Seller Comment (2026-04-17): See pages [Redacted] in Clarity. Please cancel. |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | ||||||||||
| [Redact] | 10221236 | [Redact] | [Redact] | 36251926 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | DSCR less than [Redacted] which is ineligible for First Time Investors per the guides. Client exception made; however a copy of the fully executed exception approval was not in the file. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. |
[Redacted] LTV is [Redacted] below max ([Redacted]). $[Redacted] post-close reserves ([Redacted] months or [Redacted]x). |
[Redact],Originator Pre-Close,Aggregator Originator Pre-Close,Aggregator,[Redact] [Redact] |
Reviewer Comment (2026-04-22): Client elected to waive the condition with the following Compensating Factors: [Redacted]LTV is [Redacted]below max ([Redacted]). $[Redacted]post-close reserves ([Redacted]months or [Redacted]). [Redacted]years ownership in primary residence. Seller Comment (2026-04-20): See attached Approved [Redacted] exception. Please clear. |
04/22/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Purchase | C | B | C | B | A | A | A | A | N/A | No | |||||||
| [Redact] | 10223581 | [Redact] | [Redact] | 36158537 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10223589 | [Redact] | [Redact] | 36159224 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-20): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-17): (Rate Lock) [Redacted] |
04/20/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10223589 | [Redact] | [Redact] | 36283672 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | 04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10223589 | [Redact] | [Redact] | 36283673 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on an Original Loan Amount of $[Redacted] versus an allowable total of $[Redacted] and $[Redacted]. | Reviewer Comment (2026-04-15): Client elected to waive the condition on the Non-QM 1st lien |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10224746 | [Redact] | [Redact] | 36164772 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | A | A | A | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36165367 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-01): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-29): [Redacted]Tracking Number [Redacted] |
05/01/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36352685 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-sign Agreement was not found in file. | Reviewer Comment (2026-04-30): Received and associated E-Sign Consent Agreement. Exception cleared. Seller Comment (2026-04-29): econsent |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36352693 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Preliminary in file. | 04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36352726 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | 04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36352727 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | 04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10224915 | [Redact] | [Redact] | 36360690 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qual Method differs from ATR, DTI not Understated | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under [Redacted](c)(5), but the method did not render a DTI that is less than that prescribed under ATR. | 04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10226016 | [Redact] | [Redact] | 36171192 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-16): Waived on Rate Lock: Collateral cleared by Custodian |
04/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10226016 | [Redact] | [Redact] | 36268958 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-10): Sufficient Cure Provided At Closing |
04/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10226016 | [Redact] | [Redact] | 36280700 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal delivery to borrower was not provided. | 04/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10226013 | [Redact] | [Redact] | 36171193 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-13): Waived on Rate Lock: Collateral cleared by Custodian |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10226013 | [Redact] | [Redact] | 36248473 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-07): Sufficient Cure Provided At Closing |
04/07/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10226013 | [Redact] | [Redact] | 36248474 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-07): Sufficient Cure Provided At Closing |
04/07/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10226017 | [Redact] | [Redact] | 36171194 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-15): Waived on Rate Lock: Collateral cleared by Custodian |
04/15/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10226017 | [Redact] | [Redact] | 36263690 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-09): Client elected to waive the condition on the Non-QM 1st lien |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10226017 | [Redact] | [Redact] | 36264212 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing |
04/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | Final CD evidences Cure | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10228647 | [Redact] | [Redact] | 36186917 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-21): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-05-19): (Rate Lock) [Redacted] |
05/21/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10228647 | [Redact] | [Redact] | 36473483 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | 05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10228647 | [Redact] | [Redact] | 36473484 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge totaled $[Redacted] on an Original Loan Amount of $[Redacted] versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-05-14): Client elected to waive the condition on the Non-QM 1st lien |
05/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10230743 | [Redact] | [Redact] | 36193368 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10230743 | [Redact] | [Redact] | 36310598 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes, insurance, and any HOA dues if applicable. | Reviewer Comment (2026-04-22): Received and associated Tax Verification, Insurance Verification & HOA Verification. Exception cleared. Seller Comment (2026-04-21): REO docs |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10230991 | [Redact] | [Redact] | 36196938 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-12): Waived on Rate Lock: Collateral cleared by Custodian |
05/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10230991 | [Redact] | [Redact] | 36402045 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. | 05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10232089 | [Redact] | [Redact] | 36207821 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10232089 | [Redact] | [Redact] | 36304263 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure was not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-04-22): [Redacted] received [Redacted] CD received [Redacted]business days prior to consummation. Seller Comment (2026-04-21): [Redacted] [Redacted] Please see attached Initial CD that was sent and signed by the borrower on [Redacted]. This meets the [Redacted]day cooling off period before closing on [Redacted] |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| [Redact] | 10232089 | [Redact] | [Redact] | 36304265 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance was exceeded for Appraisal Re-Inspection Fee. The fee amount of $[Redacted] exceeds the tolerance of $[Redacted]. $[Redacted] is over the legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-24): [Redacted] received rebuttal and valid COC document Seller Comment (2026-04-22): [Redacted] [Redacted] Please see attached Final Inspection Report that confirms the repair was completed Reviewer Comment (2026-04-22): [Redacted] Received LE dated [Redacted]along with supporting comments on the exception; however, file is missing 442 (Appraisal re-inspection report). Provide copy of Appraisal re-inspection report. Seller Comment (2026-04-21): [Redacted] [Redacted] A condition was added on [Redacted] by the UW which required a final inspection to be completed due to a fallen tree causing a safety risk. On [Redacted] Change of Circumstance was submitted for the final inspection changing the fee from $[Redacted]to $[Redacted]. On[Redacted] a disclosure went out to the borrower to re-disclose the final inspection fee. Please see attached. Seller Comment (2026-04-21): [Redacted] [Redacted] A condition was added on[Redacted] by the UW which required a final inspection to be completed due to a fallen tree causing a safety risk. On [Redacted] a Change of Circumstance was submitted for the final inspection changing the fee from $[Redacted]to $[Redacted]. On[Redacted] a disclosure went out to the borrower to re-disclose the final inspection fee. Please see attached. |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | ||||||||
| [Redact] | 10232087 | [Redact] | [Redact] | 36207971 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10232087 | [Redact] | [Redact] | 36300353 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete | The 1003 has conflicting information regarding the primary residence. The property identified on page 1 as the current address is identified as an investment property in the REO section. | Reviewer Comment (2026-04-23): Received updated 1003. Exception cleared. Seller Comment (2026-04-22): apologies.. please see attached revised 1003 showing primary address [Redacted] [Redacted]as such in Section [Redacted] Reviewer Comment (2026-04-21): Received same information on the 1003. The 1003 has conflicting information regarding the primary residence. The property identified on page 1 as the current address is identified as an investment property in the REO section. Please provide the corrected copy of the 1003. Exception Remains. Seller Comment (2026-04-20): please see attached revised 1003 with updated occupancy status |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232087 | [Redact] | [Redact] | 36300368 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not High Cost and Not Higher Priced | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). | The borrower selected "yes" they will occupy the property as their primary residence in the declarations section of the initial 1003. | 04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232087 | [Redact] | [Redact] | 36300382 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | Initial and Final 1003 identified the borrower would occupy the subject as a primary residence in the declarations section. Provide a revised 1003. | Reviewer Comment (2026-04-21): Revised 1003 provided correcting the declarations section Seller Comment (2026-04-20): please see attached revised 1003 with updated occupancy status |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232087 | [Redact] | [Redact] | 36300386 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO property. | Reviewer Comment (2026-04-21): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-20): please see attached reo CDs |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232095 | [Redact] | [Redact] | 36208531 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-24): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-22): Tracking Number [Redacted] |
04/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10232095 | [Redact] | [Redact] | 36309736 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Per the 1003, the REO was refinanced. Provide a copy of the final CD or other documentation to verify the PITIA. | Reviewer Comment (2026-04-23): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-22): CD |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232095 | [Redact] | [Redact] | 36309750 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not found in file. | 04/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232095 | [Redact] | [Redact] | 36309751 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% are in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on an Original Loan Amount of $[Redacted], versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Reviewer Comment (2026-04-21): Client elected to waive the condition on the Non-QM 1st lien |
04/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10232095 | [Redact] | [Redact] | 36312371 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | The file is missing the CD or HUD from the refi of the REO verifying net proceeds of $[Redacted]. | Reviewer Comment (2026-04-23): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-22): CD provided |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232096 | [Redact] | [Redact] | 36208555 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10232096 | [Redact] | [Redact] | 36304389 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal delivered to the borrower was not provided. | 04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36208647 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36297213 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not High Cost and Not Higher Priced | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). | The borrower selected "yes" they will occupy the property as their primary residence in the declarations section of the initial 1003. | 04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298210 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | The declarations section of the final 1003 and the REO section identified the borrower would occupy the subject as a primary residence. Provide a revised 1003 correcting the REO and declarations section as the loan was delivered as an Investment property. | Reviewer Comment (2026-04-21): Revised 1003 provided correcting the declarations section Seller Comment (2026-04-20): please see attached revised 1003 for occupancy status |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298229 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Final is incomplete | The final 1003 has conflicting information regarding the property identified as the primary residence. The property identified on page 1 as the current address is identified as an Investment property in the REO section. A different property is identified as the primary residence in the REO section. Clarification or a corrected final 1003 is required. | Reviewer Comment (2026-04-23): Received updated 1003. Exception cleared. Seller Comment (2026-04-22): apologies.. please see attached revised 1003 showing primary address [Redacted] [Redacted]as such in Section [Redacted] Reviewer Comment (2026-04-21): Received same information on the received 1003. The final 1003 has conflicting information regarding the property identified as the primary residence. The property identified on page [Redacted] as the current address is identified as an Investment property in the REO section. A different property is identified as the primary residence in the REO section. Clarification or a corrected final 1003 is required. Exception Remains. Seller Comment (2026-04-20): please see attached revised 1003 for occupancy status |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298234 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the primary. Per the 1003, it appears the seller closed a simultaneous loan with the borrower for the primary. A copy of the final CD documenting the PITIA is acceptable. | Reviewer Comment (2026-04-21): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-20): please see attached [Redacted] CD |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298235 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Per the 1003, it appears the seller closed a simultaneous loan with the borrower for the REO. A copy of the final CD documenting the PITIA is acceptable. | Reviewer Comment (2026-04-21): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-20): please see attached [Redacted] CD |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298236 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Per the 1003, it appears the seller closed a simultaneous loan with the borrower for the REO. A copy of the final CD documenting the PITIA is acceptable. | Reviewer Comment (2026-04-21): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-20): please see attached [Redacted] CD |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10232215 | [Redact] | [Redact] | 36298237 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Per the 1003, it appears the seller closed a simultaneous loan with the borrower for the REO. A copy of the final CD documenting the PITIA is acceptable. | Reviewer Comment (2026-04-21): Received and associated Closing disclosure. Exception cleared. Seller Comment (2026-04-20): please see attached [Redacted] CD |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10233093 | [Redact] | [Redact] | 36215839 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-23): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-17): See attached collateral package with shipping # |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10233093 | [Redact] | [Redact] | 36287231 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-16): Client elected to waive the condition on the Non-QM 1st lien |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10233179 | [Redact] | [Redact] | 36216603 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-27): Waived on Rate Lock: Collateral cleared by Custodian |
04/27/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10233179 | [Redact] | [Redact] | 36315044 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing |
04/21/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | B | B | B | B | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10233179 | [Redact] | [Redact] | 36328120 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Client Approved Exception for Guidelines state that mixed-use properties are ineligible. The subject property is a single-family residence with a detached [Redacted] garage that was converted into a recording studio and office. The borrower is an [Redacted] for concerts and owns [Redacted]. Borrower stated this is for personal use only and to test equipment before taking it to concerts. Comparable 4 has a similar amenity based on the sales comparison grid. | The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum. Borrower has owned the subject property for at least [Redacted] years. |
Client elect to waive with compensating factors: [Redacted] LTV is [Redacted] below max ([Redacted]). Client elect to waive with compensating factors: [Redacted] DTI is [Redacted] below max ([Redacted]). Client elect to waive with compensating factors: [Redacted]-years ownership in subject property. |
[Redact],Originator Pre-Close,Aggregator Originator Pre-Close,Aggregator,[Redact] Aggregator,[Redact] |
Reviewer Comment (2026-04-23): Client elect to waive with compensating factors: [Redacted]LTV is [Redacted]below max ([Redacted]). [Redacted]DTI is [Redacted]below max ([Redacted]). [Redacted]-years ownership in subject property. |
04/23/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10248267 | [Redact] | [Redact] | 36217201 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-27): Waived on Rate Lock: Collateral cleared by Custodian |
04/27/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10248267 | [Redact] | [Redact] | 36312319 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver Test | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Reviewer Comment (2026-04-27): [Redacted] received initial CD. Seller Comment (2026-04-24): Please see attached. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | No Defined Cure | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||
| [Redact] | 10251336 | [Redact] | [Redact] | 36251144 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-28): Waived on Rate Lock: Collateral cleared by Custodian |
04/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10251336 | [Redact] | [Redact] | 36332576 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | 04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10251336 | [Redact] | [Redact] | 36332577 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | 04/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10251336 | [Redact] | [Redact] | 36332578 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the original loan amount and $[Redacted] ([Redacted]). FNMA finance charge total $[Redacted] on an original loan amount of $[Redacted] versus an allowable total of $[Redacted] and $[Redacted] ([Redacted]). | Reviewer Comment (2026-04-28): Client elected to waive the condition on the Non-QM 1st lien Seller Comment (2026-04-28): please clarify; subject loan was exempt from ATR |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | ||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36257897 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-22): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-21): Tracking Number [Redacted] |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36306195 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Note: it appears the mortgage on the property was recently acquired/refinanced, a copy of the final CD verifying the PITIA is acceptable. | Reviewer Comment (2026-04-23): Received Closing disclosure. Exception cleared. Seller Comment (2026-04-22): please see attached [Redacted] reo CD |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36306201 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Note: it appears the mortgage on the property was recently acquired/refinanced, a copy of the final CD verifying the PITIA is acceptable. | Reviewer Comment (2026-04-27): Received and associated updated 1003. Exception cleared. Seller Comment (2026-04-24): please see attached revised 1003 with updated P&I for reo [Redacted], Reviewer Comment (2026-04-23): The Closing Disclosure for the property located at [Redacted] reflects that the property is escrowed; however, the final 1003 shows total monthly expenses of $[Redacted]. Additionally, HOA documentation has been received confirming that there is no HOA for the property. A corrected 1003 reflecting no monthly expenses is required. Exception Remains. Seller Comment (2026-04-23): please see attached Processor Cert confirming there are no HOA dues, PITIA $[Redacted] Reviewer Comment (2026-04-23): Verified PITIA $[Redacted]. Please provide the documentation for the non-escrow amount $[Redacted]for the property #[Redacted]. Exception Remains. Seller Comment (2026-04-22): please see attached [Redacted] reo CD |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36306203 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Note: it appears the mortgage on the property was recently acquired/refinanced, a copy of the final CD verifying the PITIA is acceptable. | Reviewer Comment (2026-04-23): Received Closing disclosure. Exception cleared. Seller Comment (2026-04-22): please see attached [Redacted] reo cd |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36306205 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the PITIA for the REO. Note: it appears the mortgage on the property was recently acquired/refinanced, a copy of the final CD verifying the PITIA is acceptable. | Reviewer Comment (2026-04-23): Received Closing disclosure. Exception cleared. Seller Comment (2026-04-22): please see attached [Redacted] reo cd |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||
| [Redact] | 10254176 | [Redact] | [Redact] | 36307083 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - Not High Cost and Not Higher Priced | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). | There is evidence on the initial 1003 that the borrower does intend to occupy the property as their primary residence. | 04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10254314 | [Redact] | [Redact] | 36258494 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-04): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-30): [Redacted] Tracking Number [Redacted] |
05/04/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10254314 | [Redact] | [Redact] | 36357932 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | Reviewer Comment (2026-04-28): Client elected to waive the condition on the Non-QM 1st lien |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10180497 | [Redact] | 36263013 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is missing for [Redacted] and for entity or evidence referenced on the loan participant list with no issue's. | Reviewer Comment (2026-03-19): Fraud report for borrower and entity received. Exception cleared. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-17): Received the individual Fraud Report, need the business Fraud Report for [Redacted]. Buyer Comment (2026-03-17): Fraud Report |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10180497 | [Redact] | 36263015 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing for [Redacted]. | Reviewer Comment (2026-03-17): Received the certificate of good standing. Buyer Comment (2026-03-17): COGS |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10180497 | [Redact] | 36263016 | Credit | Reverification | Reverification Results | Reverification | Credit reverification revealed a new Fraud Alert. | As per Alert in Credit report (Applications may be submitted in my Name or My Identity may have been used without my Consent, Do not extend Credit without first contacting me personally & verifying all application information). Remarks Section - Total 3 remarks has been provided. |
Reviewer Comment (2026-03-17): Received the Processor certificate. Buyer Comment (2026-03-17): Processor Cert |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10180497 | [Redact] | 36263018 | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | [Redacted] Page reflects unspecified rent loss insurance. Guidelines require a minimum of 6 months. | Reviewer Comment (2026-03-23): Received Rent loss Coverage. Exception Cleared Buyer Comment (2026-03-19): Email Reviewer Comment (2026-03-17): Holding for rent loss figures per lender. Buyer Comment (2026-03-17): disregard push back to Seller to provide a dollar amount equal to 6 months Buyer Comment (2026-03-17): Email |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10159069 | [Redact] | 36263020 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Master insurance policy is not provided. | Reviewer Comment (2026-03-13): Received Master Policy Exception Cleared Buyer Comment (2026-03-12): Master policy with building coverage |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10159069 | [Redact] | 36263023 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Project approval provided is not certified by lender nor approved by [Redacted]. Need updated project approval. | Reviewer Comment (2026-03-24): Non-warrantable but meets gls. Cleared Buyer Comment (2026-03-24): Being that its non warrantable we would not have FNMA approval. The guidelines allow for it to be non warrantable for one reason. The Seller indicated its non warrantable for investor concentration. This is all we need . Agency does not require a questionnaire its recommended Reviewer Comment (2026-03-23): Required project approval document approved by lender or fannie mae. Provided 1008 does not state approved by lender or fannie mae. Exception remains Buyer Comment (2026-03-20): Condo Questionnaire with supporting documentation. 1008 states reason for non-warrantability due to investor concentration [Redacted]% Reviewer Comment (2026-03-13): Condo Property is non-warrantable therefore required Project approval either reviewed and approved by Fannie Mae or certified by the lender. Provided project approval is not certified by lender. Exception remains. Buyer Comment (2026-03-12): Seller response- No documentation was provided to support that the condo is warrantable. The property is considered non-warrantable as stated on the 1008. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | |||||||||||
| [Redact] | 10159069 | [Redact] | 36263025 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | [Redacted] vs [Redacted] required. The 1003 indicates the [Redacted] account #[Redacted] has $[Redacted] the statement provided verified $[Redacted]. | Reviewer Comment (2026-03-13): Received updated Bank statement for account # [Redacted]suffice the Reserve Requirement. Exception Cleared Buyer Comment (2026-03-12): Additional [Redacted] statement confirming higher assets |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||
| [Redact] | 10159069 | [Redact] | 36263026 | Credit | Credit | Public Records | Credit | Public Records/Collections/Charge Off does not meet guidelines. | - | BK filed and discharged. Missing LOX from borrower for the event. | Reviewer Comment (2026-03-13): Received Borrower LOX about BK filed. Exception Cleared Buyer Comment (2026-03-12): Bankruptcy explanation letter |
03/13/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | No | ||||||||||||||||
| [Redact] | 10092188 | [Redact] | 36263032 | Credit | Guideline | Guideline Issue | Guideline | Enhanced diligence review is being conducted on this loan. | Reviewer Comment (2026-03-30): cleared Buyer Comment (2026-03-30): [Redacted] agrees with value |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10257353 | [Redact] | [Redact] | 36269917 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-04-29): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-24): [Redacted] Tracking number [Redacted] |
04/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10257353 | [Redact] | [Redact] | 36327360 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Receipt of Appraisal Without Waiver | 04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10257353 | [Redact] | [Redact] | 36327361 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Receipt of Appraisal Without Waiver | 04/23/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10257353 | [Redact] | [Redact] | 36327377 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA Verification, Insurance Verification, and Tax Verification documents are missing from the file. | Reviewer Comment (2026-04-30): Documentation provided to verify the REO expenses Reviewer Comment (2026-04-30): The final 1003 reflects an Other Payment of $[Redacted]. Of this amount, HOA dues of $[Redacted]and property taxes of $[Redacted]have been verified. However, we are still unable to verify the remaining $[Redacted]Other Payment, as hazard insurance documentation not showing the premium or other supporting third-party documentation has not been provided to substantiate this amount. Exception Remains Seller Comment (2026-04-29): please see attached investor memo regarding reo hoi and hoa amounts Reviewer Comment (2026-04-28): The check reflects HOA dues; however, it does not specify the associated property, and the insurance document is unable to verify the premium. As per the final 1003, the total amount for Insurance, Taxes, and HOA is $[Redacted], which includes $[Redacted]for taxes. Please provide supporting documentation for the remaining payment of $[Redacted]. Exception remains. Seller Comment (2026-04-27): please see attached reo hoa docs Reviewer Comment (2026-04-27): EXCEPTION HISTORY - Exception Explanation was updated on[Redacted] PRIOR Exception Explanation: HOA Verification, Insurance Verification, Tax Verification Reviewer Comment (2026-04-27): A copy of the tax bill and the HOI dec page was provided. The HOI dec page did not identify the premium. The email correspondence from the insurance company verified the liability insurance premium of $[Redacted]was identified, but the dwelling premium was not. Also, the file is missing proof of any HOA dues if applicable. Note: the lender qualified with REO expense of $[Redacted]for the REO and the taxes and liability insurance docs provided verified expenses of $[Redacted]. Unable to determine the other expenses of $[Redacted]. Condition remains Seller Comment (2026-04-27): please see attached reo hoi and tax docs |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10257353 | [Redact] | [Redact] | 36355075 | Credit | Collateral | Missing/Incorrect | Collateral | Collateral report shows issues with Note. | Closing Date Does Not Agree with Schedule SCH: [Redacted] NOTE: [Redacted] | Buyer Comment (2026-04-29): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-04-29): please clarify as Note doc date [Redacted] matches closing date and doc date on entire closing package |
04/29/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [Redact] | 10155320 | [Redact] | 36295513 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided | Lender approved exception to not require an LOE as any litigation issues are vetted in the [Redacted] Compensating Factors: FICO [Redacted] Experience [Redacted] plus Rental Units Reserves |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-12): Waived with compensating factors per lender exception approval at origination. |
02/12/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155320 | [Redact] | 36295514 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate resolution indicates our guarantor is the sole member; however, per the operating agreements in file, there is a second member. Please provide corporate resolution for subject transaction signed by all members. | Reviewer Comment (2026-02-12): Per section [Redacted]of the [Redacted] Operating Agreement the company is managed by its Manager and the manager has full and complete control of the company, then [Redacted]states that [Redacted] is the manager of the company. Nothing in the agreement states that approval of both the Members is required to bind the company in any matter, so [Redacted] can sign the written consents naming himself President of [Redact] |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10155320 | [Redact] | 36295515 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved at origination for commercial blanket policy not being escrowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-16): Waived with compensating factors per lender approved exception at origination. |
02/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155320 | [Redact] | 36295516 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception to allow sale-leaseback or lease-to-buy provisions within lease agreement. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-16): Waived with compensating factors per lender exception approval at origination. |
02/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155320 | [Redact] | 36295517 | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Lender approved exception at origination to not require all months of the [Redacted] bank statement; however, the exception indicates that all pages for the month of [Redacted] were provided and they were not received for review. Please provide all pages for the [Redacted] statement, or an updated exception approval for missing all pages of both [Redacted] and [Redacted] of [Redacted] statements. | Reviewer Comment (2026-02-16): Received all pages of bank statements. Buyer Comment (2026-02-16): Bank statements |
02/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10155320 | [Redact] | 36295518 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance. | File contains commercial blanket HOI policy with no evidence of individual property coverage to determine it meets guideline requirements. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-16): Waived with compensating factors per lender exception approval at origination Buyer Comment (2026-02-16): Approved lender exception |
02/16/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155319 | [Redact] | 36295520 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Letter of Explanation (LOE) not provided | Lender approved exception at origination to not require LOE from guarantor on pending litigation, as all issues are vetted through the [Redacted] deal team submission process. Compensating Factors: FICO [Redacted] Reserves Experience [Redacted] plus rental units |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-12): Waived with compensating factors per lender exception approval at origination. |
02/12/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155319 | [Redact] | 36295521 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate resolution indicates our guarantor is the sole member; however, per the operating agreements in file, there is a second member. Please provide corporate resolution for subject transaction signed by all members. | Reviewer Comment (2026-02-12): Per section [Redacted]of the [Redacted] Operating Agreement the company is managed by its Manager and the manager has full and complete control of the company, then [Redacted]states that [Redacted] is the manager of the company. Nothing in the agreement states that approval of both the Members is required to bind the company in any matter, so [Redacted] can sign the written consents naming himself [Redacted] |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| [Redact] | 10155319 | [Redact] | 36295522 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Subject hazard insurance policy coverage amount is missing from evidence of insurance. | File contains commercial blanket HOI policy with no evidence of individual property coverage to determine it meets guideline requirements. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-16): Waived with compensating factors per lender exception approval at origination Buyer Comment (2026-02-16): Approved lender exception |
02/16/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10155319 | [Redact] | 36295523 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved at origination for commercial blanket policy not being escrowed. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Seasoned Borrower/Investor whose experience exceeds [Redacted] completed projects. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
Reserves: [Redacted] Guideline Requirement: [Redacted] # of Properties Completed: [Redacted] # of Projects (last [Redacted] months): # of Renovation Projects Completed (purchased and exited): Guidelines Representative FICO: [Redacted] Representative FICO: [Redacted] |
Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] Originator Pre-Close,[Redact] |
Reviewer Comment (2026-02-16): Waived with compensating factors per lender exception approval at origination. |
02/16/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| [Redact] | 10263718 | [Redact] | [Redact] | 36304824 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-07): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-05-04): (Rate Lock) [Redacted] |
05/07/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10263718 | [Redact] | [Redact] | 36386387 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within [Redacted] or [Redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | 05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10263718 | [Redact] | [Redact] | 36386405 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | 05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||
| [Redact] | 10263718 | [Redact] | [Redact] | 36386414 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A single entity has [Redacted]% ownership in the project, exceeding the max of [Redacted]% for non-warrantable condo's. Client exception approval made; however a copy of the exception approval was not in the file. | The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has owned the subject property for at least [Redacted] years. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [Redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. Borrower has verified disposable income of at least $[Redacted]. |
[Redacted] DTI is [Redacted] below max without consideration of rental income ([Redacted]). [Redacted] LTV is [Redacted] below max ([Redacted]). |
[Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] [Redact] [Redact] Originator Pre-Close,Aggregator,[Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-14): Client elected to waive the condition with the following Compensating Factors: [Redacted]LTV is [Redacted]below max ([Redacted]). [Redacted]DTI is [Redacted]below max without consideration of rental income ([Redacted]). $[Redacted]HOA project reserves and [Redacted]reserve allocation well above minimum requirements for warrantable condo ([Redacted]). Seller Comment (2026-05-13): Attached the Morgan Stanley Approval. Please Waive. |
05/14/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redact] | 10179013 | [Redact] | 36336496 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-sign Consent Agreement is missing. | Reviewer Comment (2026-04-06): E-sign agreement received. Exception cleared. Buyer Comment (2026-04-02): Econsent |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179013 | [Redact] | 36336497 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: # of years at current address was not provided | - | Updated 1003 required with # of years / months for current address. | Reviewer Comment (2026-04-02): Updated final 1003 received with with # of years / months for current address. Exception cleared. Buyer Comment (2026-03-31): URLA updated w/ time @ current res |
04/02/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179013 | [Redact] | 36336498 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Provided worksheet is blurred , please provide and updated 1084/ Income worksheet. | Reviewer Comment (2026-04-10): Received the emailed clear copy. Reviewer Comment (2026-04-10): Images provided are not legible. Reviewer Comment (2026-04-08): Provided copy is not legible and clear with the monthly deposits. only final income can be reviewed. Provide Clear and legible copy of the 1084 or income worksheet with monthly deposits and Final income clearly seen. Exception remains. Buyer Comment (2026-04-07): clearer income calc Reviewer Comment (2026-04-02): Noted. Provided worksheet is not legible. Provide legible copy of 1084/ Income worksheet. Exception remains. Buyer Comment (2026-03-31): Better copy of income worksheet |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179013 | [Redact] | 36336500 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redacted] disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $[Redacted] is over disclosed by $[Redacted] compared to the calculated Amount Financed of $[Redacted] and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated [Redacted]). | Amount Financed disclosed is $[Redacted]. Calculated Amount Financed is $[Redacted]. Variance of $[Redacted] | Reviewer Comment (2026-04-10): LOX for title fees provided. Buyer Comment (2026-04-09): LOX email from title -- the [Redacted]fee shown as a title fee on the final CD is actually part of the fee that was disclosed as the title search fee in disclosures. the title search fee was disclosed as [Redacted] originally. We are still under the total amount disclosed. the email from title confirms same and is uploaded |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179013 | [Redact] | 36336501 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redacted] disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $[Redacted] is under disclosed by $[Redacted] compared to the calculated Finance Charge of $[Redacted] which exceeds the $[Redacted] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [Redacted]). | Finance Charge disclosed is $[Redacted]. Calculated finance charge is $[Redacted]. Variance of -$[Redacted] | Reviewer Comment (2026-04-10): LOX for title fees provided. Buyer Comment (2026-04-09): See uploaded email - "LOX email from title -- the [Redacted]fee shown as a title fee on the final CD is actually part of the fee that was disclosed as the title search fee in disclosures. the title search fee was disclosed as [Redacted] originally. We are still under the total amount disclosed. the email from title confirms same and is uploaded" |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179013 | [Redact] | 36336502 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-10): Income worksheet was emailed directly. Reviewer Comment (2026-04-08): Provided copy is not legible and clear with the monthly deposits. only final income can be reviewed. Provide Clear and legible copy of the 1084 or income worksheet with monthly deposits and Final income clearly seen. Exception remains. Buyer Comment (2026-04-07): clearer income calc Reviewer Comment (2026-04-02): Provided worksheet is not legible. Provide legible copy of 1084/ Income worksheet. Exception remains. Buyer Comment (2026-03-31): Better copy of income worksheet |
04/10/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Refinance - Rate/Term | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179013 | [Redact] | 36336503 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. Missing 1084 worksheet for bank statement income. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-10): LOX for title fees provided. Reviewer Comment (2026-04-08): Provided copy is not legible and clear with the monthly deposits. only final income can be reviewed. Provide Clear and legible copy of the 1084 or income worksheet with monthly deposits and Final income clearly seen. Exception remains. Buyer Comment (2026-04-07): clearer income calc Reviewer Comment (2026-04-02): Provided worksheet is not legible. Provide legible copy of 1084/ Income worksheet. Exception remains. Buyer Comment (2026-03-31): Better copy of income worksheet |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179013 | [Redact] | 36336504 | Credit | Guideline | Guideline Issue | Guideline | Enhanced diligence review is being conducted on this loan. | Reviewer Comment (2026-03-31): Cleared. Buyer Comment (2026-03-31): [Redacted] accepts value |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Rate/Term | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redact] | 10181486 | [Redact] | 36336508 | Credit | Guideline | Guideline Issue | Guideline | Housing history reflects lates that do not meet guidelines | [Redacted] requires a [Redacted]-month housing history on the subject property, primary residence and all additional financed properties. All payment histories must reflect [Redacted] measured from the credit report date. The following Mortgage Statements reflect past due amounts. [Redacted] #[Redacted], [Redacted] #[Redacted], [Redacted] #[Redacted], and [Redacted] #[Redacted]. Credit Supplement does not reflect any late payments. Client to review for acceptability |
Reviewer Comment (2026-04-08): The lender accepts the credit supplement provided. Buyer Comment (2026-04-08): Revised: The credit supplement in file reflects [Redacted] for [Redacted] #[Redacted], and [Redacted] #[Redacted]. Ok to proceed using the credit report supplement. Accounts [Redacted] #[Redacted], [Redacted] #[Redacted]are not reflected on the credit report. As per guidelines, a [Redacted]month housing history on the subject property, primary res, and all additional financed property. Housing history requirements for additional financed properties are limited to properties with mortgages reflected on the credit report. Buyer Comment (2026-04-08): Ok to proceed using the credit report, the borrower is making the current month payments after the statement date which is why they reflect a past due payment. Please cancel this condition. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | N/A | Non QM | No | |||||||||||
| [Redact] | 10195135 | [Redact] | 36336511 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | This is EV2 Informational Exception. | Buyer Comment (2026-04-02): Acknowledged non-material EV2 |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10195135 | [Redact] | 36336514 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | HOI noted address [Redacted] and [Redacted] whereas as per Title and Note it is [Redacted]. Lender to ensure all required documents match property address reflected on title report. | Reviewer Comment (2026-04-08): Updated HOI policy is provided with subject property address. Exception Cleared Buyer Comment (2026-04-07): HOI |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10195135 | [Redact] | 36336515 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Insurance Verification is missing for REO property [Redacted] and [Redacted]. if no insurance on the property borrower LOX require | Reviewer Comment (2026-04-08): HOI policy is provided with updated 1003 & 1008. Exception Cleared Buyer Comment (2026-04-07): EOI |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redact] | 10195135 | [Redact] | 36336516 | Credit | Guideline | Guideline Issue | Guideline | "Other" housing history reflects lates that do not meet guidelines. | 12-month housing history on the subject property, primary residence and all additional financed properties Credit Report noted housing history for Subject Property till [Redacted]. Require Verification from [Redacted] till [Redacted] for mortgage # [Redacted]. | Reviewer Comment (2026-04-08): Mortgage statement is provided from [Redacted] to [Redacted]. Exception Cleared Buyer Comment (2026-04-07): Updated 1003 Buyer Comment (2026-04-07): Updated 1008 Buyer Comment (2026-04-07): Statements |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10195137 | [Redact] | 36336520 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | EV2 Informational | Buyer Comment (2026-04-02): Acknowledged non-material EV2 |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10195137 | [Redact] | 36336521 | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. | [Redacted] (Select [Redacted] # [Redacted]): On the credit report date, the existing mortgage(s) must be current, which means that no more than 45 days may have elapsed since the last paid installment date. Missing [Redacted] - [Redacted]. | Reviewer Comment (2026-04-08): Received Mortgage statement confirming payment from [Redacted] [Redacted]- [Redacted] [Redacted]Exception cleared. Buyer Comment (2026-04-07): [Redacted] statement |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10177675 | [Redact] | 36336532 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | For loans vested in an entity, a report is required for all members of the entity and the entity should be included as a participant that is compared against industry watch and exclusionary list. Provided individual fraud reports does not listed Business entity in participant list | Reviewer Comment (2026-04-09): Received the Fraud Report including the entity listing. Reviewer Comment (2026-04-08): Provided Fraud report or watchlist does not reflects business entity fraud report. Exception Remains Buyer Comment (2026-04-07): Fraud Guard |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10177675 | [Redact] | 36336534 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing Protection Letter and title report noted Property address [Redacted] whereas Per Note and Security instrument Subject address is [Redacted]. Lender to ensure all required documents match property address reflected on title report. | Reviewer Comment (2026-04-03): Received CPL and Title commitment with updated address. Exception cleared. Buyer Comment (2026-04-01): CPL |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10177675 | [Redact] | 36336535 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Flood Cert Noted Address" [Redacted]", title report noted Property address "[Redacted]" and Per Note and Security instrument Subject address is "[Redacted]". Lender to ensure all required documents match property address reflected on title report. | Reviewer Comment (2026-04-03): Received Title commitment with updated address. Also flood certificate received with updated address. Exception cleared. Buyer Comment (2026-04-01): Flood Cert |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10177675 | [Redact] | 36336536 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Hazard insurance noted address " [Redacted] ", title report noted Property address "[Redacted]" and Per Note and Security instrument Subject address is "[Redacted]". Lender to ensure all required documents match property address reflected on title report. Additionally Hazard Master policy Expired on [Redacted] and Flood Master policy Expired on [Redacted] updated master policies require | Reviewer Comment (2026-04-03): Received Title Commitment with address as AKA [Redacted] [Redacted]and also HOI policy with updated address and valid master policy. Exception cleared. Buyer Comment (2026-04-01): Insurance Buyer Comment (2026-04-01): Flood Buyer Comment (2026-04-01): Flood Insurance Buyer Comment (2026-04-01): Condo Insurance Buyer Comment (2026-04-01): HOI Buyer Comment (2026-04-01): Master Policy |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||||
| [Redact] | 10177675 | [Redact] | 36336537 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided | Lender exception provided for "Borrower 1 wife owns the primary residence. Borrower is no on title or deed. He only owns the second home with his wife. He does not own any Investment Properties currently. He has previously.. He has additional Funds for reserve" with below compensating Factors" Retired From his main Self Employed business of Over [Redacted] years. Borrower owned commercial property in past. created this LLC for purchasing this home. Currently Owns another LLC has owned a Property previously As an investment. He did own and manage several residential Investment Properties prior to [Redacted], however exception is not approved. Please confirm investor acceptability for downgrade consideration. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
[Redact] [Redact] [Redact] |
Reviewer Comment (2026-04-17): Re-opened. The exception request was not required. Exception was for another investor. B2 has the experience , client advised no waiver required. Reviewer Comment (2026-03-31): Investor exception provided. Buyer Comment (2026-03-27): Investor Buyer Comment (2026-03-27): Investor's approval |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | ||||||||||
| [Redact] | 10177675 | [Redact] | 36336538 | Compliance | Compliance | State Compliance | State Defect | New Jersey Prepayment Penalty - Business Entity | [Redacted] Prepayment Penalty: No prepayment penalties are permissible in the state of [Redacted] under [Redacted]. [Redacted]:[Redacted]. Prepay language states prepay will not exceed maximum permitted by applicable law. | EV2 and may be waived. | Buyer Comment (2026-03-26): Acknowledged non-material EV2 |
03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | No | |||||||||||
| [Redact] | 10289282 | [Redact] | [Redact] | 36367667 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-06-03): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-06-01): (Rate Lock) [Redacted] |
06/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Second Home | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10150170 | [Redact] | 36372711 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Verification that the business is active and operating either no more than [Redacted] business days prior to the Note Date, or after the Note Date but prior to [Redacted] purchase is required with one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. |
Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [Redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. |
[Redact] [Redact] [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-04-01): Investor exception provided. Buyer Comment (2026-04-01): The investor approved the exception for the CPA Letter, for a business verification document verifying the business's activity no more than [Redacted]days prior to closing. The lender provided a CPA letter. New guidelines approved to use the CPA Letters as verification of business activity, as the loan was locked with the old guidelines, [Redacted]. Reviewer Comment (2026-03-31): 1084 Income Worksheet received. However following are still missing - Business Narrative and Verification that the business is active and operating either no more than 10 business days prior to the Note Date, or after the Note Date but prior to [Redacted] purchase is required with one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains. Buyer Comment (2026-03-30): Income worksheet |
04/01/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||
| [Redact] | 10150170 | [Redact] | 36372712 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | EV2 Informational | Buyer Comment (2026-02-19): Acknowledged non-material EV2 |
02/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | B | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10150170 | [Redact] | 36372713 | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided | Business Narrative document is missing, and it is required as per guideline. | Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [Redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [Redacted]%. |
[Redact] [Redact] [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-04-01): Investor exception provided. Buyer Comment (2026-04-01): The investor approved the exception for the missing business narrative. Reviewer Comment (2026-03-24): As per guide, business narrative is required from the borrower to describe the type of business and number of employees. Exception remains Buyer Comment (2026-03-20): cpa letter |
04/01/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||
| [Redact] | 10150170 | [Redact] | 36372714 | Credit | Missing Document | General | Missing Document | Missing Document: 1084 or income worksheet not provided | 1084 missing for bank statement income | Reviewer Comment (2026-03-31): Received 1084 or income worksheet. Exception cleared. Buyer Comment (2026-03-30): 1084 Worksheet |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10220882 | [Redact] | 36372716 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | Subject transaction is Investment; however, 1003 declaration section [Redacted] reflects 'will you occupancy the property as your primary residence' as Yes. Require corrected declaration. | Reviewer Comment (2026-04-08): Received updated Final 1003 with Declaration 5A updated as NO. Exception cleared. Buyer Comment (2026-04-08): post consummation URLA |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redact] | 10220882 | [Redact] | 36372719 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-Sign Consent agreement is missing. | Reviewer Comment (2026-04-13): Updated E-sign consent document is provided dated [Redacted]. Exception Cleared Buyer Comment (2026-04-09): Initial Econsent Reviewer Comment (2026-04-08): Received E-sign summary confirming e-sign consent created on[Redacted] and completed on [Redacted] however Loan estimate was e-signed on [Redacted] Provide E-sign agreement completed on or before [Redacted]. Exception remains. Buyer Comment (2026-04-07): Esign consent |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redact] | 10220882 | [Redact] | 36372720 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address on Hazard Insurance mismatched with address with address on Title Preliminary. Lender to ensure all required documents match property address reflected on title report or client to accept as is. | Reviewer Comment (2026-04-13): Updated Hazard Insurance document is provided with correct subject address. Exception Cleared Buyer Comment (2026-04-10): Please see attached updated HOI - Thank you Reviewer Comment (2026-04-09): Provided confirmation LOX is from Post Closing Specialist, required confirmation email copy/lox from title company OR required updated Hazard Insurance document with correct subject property address. Exception remains Buyer Comment (2026-04-08): Seller provided - Please see attached |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10220882 | [Redact] | 36372721 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Address on Flood Certificate mismatched with address on Title Preliminary. Lender to ensure all required documents match property address reflected on title report or client to accept as is. | Reviewer Comment (2026-04-09): Updated Flood certificate is provided with correct subject property address. Exception Cleared Buyer Comment (2026-04-08): Please see attached |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10220882 | [Redact] | 36372722 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Address on valuation mismatched with address on Title Preliminary. Lender to ensure all required documents match property address reflected on title report or client to accept as is. | Reviewer Comment (2026-04-16): Received corrected appraisal with updated address. Exception Cleared. Buyer Comment (2026-04-15): Please see attached updated Appraisal, thank you! Reviewer Comment (2026-04-09): Provided confirmation LOX is from Post Closing Specialist, required confirmation email copy/lox from title company OR required updated Appraisal report document with correct subject property address. Exception remains Buyer Comment (2026-04-08): Seller provided - Please see attached |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| [Redact] | 10220882 | [Redact] | 36372723 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | EV2 informational | Buyer Comment (2026-04-06): Acknowledged non-material EV2 |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10181475 | [Redact] | 36372726 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[Redacted]. Provide updated policy reflecting minimum coverage of $[Redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-04-17): Updated RCE is provided of subject property. Exception cleared Buyer Comment (2026-04-16): RCE Reviewer Comment (2026-04-15): Replacement cost estimator is not of subject property. Exception remains Buyer Comment (2026-04-14): RCE Reviewer Comment (2026-04-10): Noted Current coverage is $[Redacted]and extended coverage is $[Redacted]total is $[Redacted]and Estimated cost new is $[Redacted]due to which there is a shortfall of $[Redacted]therefore provide RCE to cover the dwelling and the shortfall. Exception remains. Buyer Comment (2026-04-09): Current coverage is $[Redacted] per [Redacted] |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10181475 | [Redact] | 36372727 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | Rider - [Redacted] Family is missing with 1st page. | Reviewer Comment (2026-04-10): Received Rider - 1-4 Family. Exception Cleared. Buyer Comment (2026-04-09): Rider with all pages |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284730 | [Redact] | 36388173 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | Buyer Comment (2026-05-08): Non-Material Reviewer Comment (2026-05-07): This is part of the client's deal settings. Condition is valid and remains open Seller Comment (2026-05-07): This is not an Agency loan rather a Non-QM loan program. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | C | B | D | B | D | A | Exempt from ATR | Exempt from ATR | Yes | |||||||||
| [Redact] | 10284730 | [Redact] | 36388191 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Note was not found in file. | Reviewer Comment (2026-05-08): Note provided Seller Comment (2026-05-07): Note and Prepayment Addendum To Note uploaded for review. |
05/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Purchase | D | B | C | B | D | B | D | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10284730 | [Redact] | 36388194 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Loan is to be securitized. Secondary valuation was not found. | Reviewer Comment (2026-05-08): Desk review provided Seller Comment (2026-05-07): Desk review uploaded for review. |
05/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Purchase | D | B | C | B | D | B | D | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10284730 | [Redact] | 36388209 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Calculated PITIA months reserves of [Redacted] are less than Guideline PITIA months reserves of [Redacted]. Provide additional assets to cover closing requirements. | The representative FICO score exceeds the guideline minimum by at least [Redacted] points. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum. |
[Redacted] points above minimum required | [Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-12): Client elected to waive the condition with the following compensating factors: [Redacted]points above minimum required Mortgage paid as agreed [Redacted] payment history Reviewer Comment (2026-05-08): Elevated to the client for review. Lender made an exception for reserve requirement not met. Seller Comment (2026-05-07): Per guidelines section [Redacted]"A variance may be allowed but never less than 3 months less than program requirements with underwriter justification and compensating factors", the 1008 (uploaded) denotes the variance with compensating factors are required. |
05/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Purchase | D | B | C | B | D | B | D | A | Exempt from ATR | Exempt from ATR | No | |||||||
| [Redact] | 10284738 | [Redact] | 36402984 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file was missing a copy of the Hazard Insurance Policy. | Reviewer Comment (2026-05-08): HOI declarations page provided Seller Comment (2026-05-07): HOI and RCE documentation uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284738 | [Redact] | 36402993 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided | The file was missing a copy of the Rider - PUD. | Reviewer Comment (2026-05-08): PUD Rider provided Seller Comment (2026-05-07): PUD Rider uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284738 | [Redact] | 36402996 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Documented qualifying assets for closing of $[Redacted] are less than cash from borrower $[Redacted]. Note: the file is missing the cancelled checks or wire receipts and the source of the following deposits totaling $[Redacted]: $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], and $[Redacted] on [Redacted]. | The representative FICO score is above [Redacted]. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. |
Representative FICO: [Redacted] Years on job [Redacted] |
[Redact],Aggregator Aggregator,[Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-19): Client elected to waive the condition with compensating factors Reviewer Comment (2026-05-11): Regardless of the program, the funds to close and reserves must be verified to meet ATR requirements. Proof of the EMD and the source is required to be provided. Condition remains Seller Comment (2026-05-11): Kindly refer to the approval Doc ID [Redacted]and 1008 D0344 both of which denote that the loan program is a "[Redacted]" program type. Reviewer Comment (2026-05-11): Per the tape data, the loan was delivered using the "[Redacted]" guides and not the "[Redacted]" guides. Regardless of the guidelines used, the funds to close and reserves were not properly documented to meet ATR requirements. The EMD must be documented (cancelled checks, bank statements, etc..) AND sourced to confirm the funds were the borrowers own funds or a gift, which would require additional documentation. The conditions are valid and remain open Seller Comment (2026-05-08): This is a [Redacted] loan program. Per section [Redacted]of the guidelines "Min Borrower Contribution - Owner or Second home, no minimum borrower contribution required.". Per section [Redacted]"Earnest money deposit - Follow FNMA requirements. If needed to meet minimum borrowers' contribution, provide documentation.". Per FNMA B[Redacted], Earnest Money Deposit "Verification of Source of Funds If the deposit is being used as part of the borrower's minimum contribution requirement, the lender must verify funds are from acceptable source" and "Documentation for Receipt of the Deposit - Receipt of the deposit must be verified by either a copy of the borrower's canceled check or written statement from the holder of the deposit". The [Redacted] deposit ledger was provided under Doc ID [Redacted]page [Redacted], denoting deposits were made via Cashiers Checks in [Redacted], the documentation is sufficient per guidelines. |
05/19/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10284738 | [Redact] | 36403002 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien | TRID Final Closing Disclosure [Redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. | Seller paid fees on seller's Closing Disclosure are not consistent with those reflected on the borrower's Final Closing Disclosure. | Reviewer Comment (2026-05-08): There were no seller paid closing costs, verified with the CD and settlement statement. Seller Comment (2026-05-07): Seller CD and [Redacted] uploaded, the Seller did not pay any fees that were not reflected on the final CD. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | Letter of Explanation & Corrected Closing Disclosure | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284738 | [Redact] | 36403017 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Calculated PITIA months reserves of [Redacted] are less than Guideline PITIA months reserves of [Redacted]. Note: the file is missing the cancelled checks or wire receipts and the source of the following deposits totaling $[Redacted]: $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], and $[Redacted] on [Redacted]. | The representative FICO score is above [Redacted]. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. |
Representative FICO: [Redacted] Years on job [Redacted] |
[Redact],Aggregator Aggregator,[Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-19): Client elected to waive the condition with compensating factors Reviewer Comment (2026-05-11): Regardless of the program, the funds to close and reserves must be verified to meet ATR requirements. Proof of the EMD and the source is required to be provided. Condition remains Seller Comment (2026-05-11): Kindly refer to the approval Doc ID [Redacted]and 1008 [Redacted]both of which denote that the loan program is a "[Redacted]" program type. Reviewer Comment (2026-05-11): Per the tape data, the loan was delivered using the "[Redacted]" guides and not the "[Redacted]" guides. Regardless of the guidelines used, the funds to close and reserves were not properly documented to meet ATR requirements. The EMD must be documented (cancelled checks, bank statements, etc..) AND sourced to confirm the funds were the borrowers own funds or a gift, which would require additional documentation. The conditions are valid and remain open Seller Comment (2026-05-08): [Redacted] - Submitted rebuttal to [Redacted], This is a [Redacted] loan program. Per section [Redacted] of the guidelines "Min Borrower Contribution - Owner or Second home, no minimum borrower contribution required.". Per section [Redacted]"Earnest money deposit - Follow FNMA requirements. If needed to meet minimum borrowers' contribution, provide documentation.". Per FNMA B[Redacted], Earnest Money Deposit "Verification of Source of Funds If the deposit is being used as part of the borrower's minimum contribution requirement, the lender must verify funds are from acceptable source" and "Documentation for Receipt of the Deposit - Receipt of the deposit must be verified by either a copy of the borrower's canceled check or written statement from the holder of the deposit". The [Redacted] deposit ledger was provided under Doc ID [Redacted]page [Redacted], denoting deposits were made via Cashiers Checks in [Redacted], the documentation is sufficient per guidelines. Additionally, [Redacted] guidelines denote that reserves are based on DU, per the AUS provided Doc ID [Redacted]page [Redacted]$[Redacted]reserves were required. |
05/19/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10284738 | [Redact] | 36403063 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Reviewer Comment (2026-05-19): Client elected to waive the condition with compensating factors Reviewer Comment (2026-05-11): Regardless of the program, the funds to close and reserves must be verified to meet ATR requirements. Proof of the EMD and the source is required to be provided. Condition remains Seller Comment (2026-05-11): Kindly refer to the approval Doc ID [Redacted]and 1008 D0344 both of which denote that the loan program is a "[Redacted]" program type. Reviewer Comment (2026-05-11): Per the tape data, the loan was delivered using the "[Redacted]" guides and not the "[Redacted]" guides. Regardless of the guidelines used, the funds to close and reserves were not properly documented to meet ATR requirements. The EMD must be documented (cancelled checks, bank statements, etc..) AND sourced to confirm the funds were the borrowers own funds or a gift, which would require additional documentation. The conditions are valid and remain open Seller Comment (2026-05-08): [Redacted] - Submitted rebuttal to [Redacted], This is a [Redacted] loan program. Per section [Redacted] of the guidelines "Min Borrower Contribution - Owner or Second home, no minimum borrower contribution required.". Per section [Redacted] "Earnest money deposit - Follow FNMA requirements. If needed to meet minimum borrowers' contribution, provide documentation.". Per FNMA B[Redacted], Earnest Money Deposit "Verification of Source of Funds If the deposit is being used as part of the borrower's minimum contribution requirement, the lender must verify funds are from acceptable source" and "Documentation for Receipt of the Deposit - Receipt of the deposit must be verified by either a copy of the borrower's canceled check or written statement from the holder of the deposit". The [Redacted] deposit ledger was provided under Doc ID [Redacted] page[Redacted], denoting deposits were made via Cashiers Checks in [Redacted], the documentation is sufficient per guidelines. Additionally, [Redacted] guidelines denote that reserves are based on DU, per the AUS provided Doc ID [Redacted]page [Redacted]$[Redacted]reserves were required. |
05/19/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284738 | [Redact] | 36403064 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Calculated PITIA months reserves of [Redacted] are less than Guideline PITIA months reserves of [Redacted]. Note: the file is missing the cancelled checks or wire receipts and the source of the following deposits totaling $[Redacted]: $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], $[Redacted] on [Redacted], and $[Redacted] on [Redacted]. | Reviewer Comment (2026-05-19): Client elected to waive the condition with compensating factors Reviewer Comment (2026-05-11): Regardless of the program, the funds to close and reserves must be verified to meet ATR requirements. Proof of the EMD and the source is required to be provided. Condition remains Seller Comment (2026-05-11): Kindly refer to the approval Doc ID [Redacted]and 1008 D0344 both of which denote that the loan program is a "[Redacted]" program type. Reviewer Comment (2026-05-11): Per the tape data, the loan was delivered using the "[Redacted]" guides and not the "[Redacted]" guides. Regardless of the guidelines used, the funds to close and reserves were not properly documented to meet ATR requirements. The EMD must be documented (cancelled checks, bank statements, etc..) AND sourced to confirm the funds were the borrowers own funds or a gift, which would require additional documentation. The conditions are valid and remain open Seller Comment (2026-05-08): This is a [Redacted] loan program. Per section [Redacted]of the guidelines "Min Borrower Contribution - Owner or Second home, no minimum borrower contribution required.". Per section [Redacted]"Earnest money deposit - Follow FNMA requirements. If needed to meet minimum borrowers' contribution, provide documentation.". Per FNMA B[Redacted], Earnest Money Deposit "Verification of Source of Funds If the deposit is being used as part of the borrower's minimum contribution requirement, the lender must verify funds are from acceptable source" and "Documentation for Receipt of the Deposit - Receipt of the deposit must be verified by either a copy of the borrower's canceled check or written statement from the holder of the deposit". The [Redacted] deposit ledger was provided under Doc ID [Redacted]page[Redacted] denoting deposits were made via Cashiers Checks in [Redacted], the documentation is sufficient per guidelines. Additionally, [Redacted] guidelines denote that reserves are based on DU, per the AUS provided Doc ID [Redacted]page [Redacted]$[Redacted]reserves were required. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284731 | [Redact] | 36388064 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Buyer Comment (2026-05-08): Non-Material Reviewer Comment (2026-05-07): This is part of the client's deal settings. Condition is valid and remains open Seller Comment (2026-05-07): This is not an Agency loan rather a Non-QM loan program. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [Redact] | 10284732 | [Redact] | 36388224 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Purchase | B | B | B | B | A | A | A | A | Exempt from ATR | Exempt from ATR | No | ||||||||||||
| [Redact] | 10284739 | [Redact] | 36402640 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard Insurance Policy was not provided. | Reviewer Comment (2026-05-08): HOI declarations page provided Seller Comment (2026-05-07): HOI and RCE uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284739 | [Redact] | 36402677 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Validation of minimum [Redacted] years' existence of the business not provided. Note: the 1008 identified proof of the business was verified with multiple sources (SOS, Open Corps, and tax preparer letter); however none were in the file. | Reviewer Comment (2026-05-08): Third party verification provided Seller Comment (2026-05-07): [Redacted] business documentation uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284739 | [Redact] | 36402686 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non-QM does not match Due Diligence Loan Designation of ATR Fail due to missing Third-Party Employment Verification. | Reviewer Comment (2026-05-08): Third party verification of S/E provided Seller Comment (2026-05-07): [Redacted] business documentation uploaded to trailing docs for review. |
05/08/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284739 | [Redact] | 36402687 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. | Unable to verify current employment status using reasonably reliable third-party records. | Reviewer Comment (2026-05-08): Third party verification of S/E provided Seller Comment (2026-05-07): [Redacted] business documentation uploaded to trailing docs for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284739 | [Redact] | 36402688 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components, which could impact the borrower's ability to repay due to missing Third-Party Employment Verification. | Reviewer Comment (2026-05-08): Third party verification of S/E provided Seller Comment (2026-05-07): [Redacted] business documentation uploaded to trailing docs for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284739 | [Redact] | 36402690 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements were not satisfied due to missing Third-Party Employment Verification. | Reviewer Comment (2026-05-08): Third party verification of S/E provided |
05/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284733 | [Redact] | 36403148 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-06): Client elected to waive the condition |
05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284733 | [Redact] | 36403150 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] versus an investor allowable total of $[Redacted]. | Buyer Comment (2026-05-08): Non-Material Reviewer Comment (2026-05-07): This is part of the client's deal settings. Condition is valid and remains open Seller Comment (2026-05-07): This is not an Agency loan rather a Non-QM loan program. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | B | B | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284733 | [Redact] | 36407651 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Property is located in a rural area per appraisal, max LTV is [Redacted]% per guidelines. | Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. |
[Redacted]+ years business ownership | [Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-12): Client elected to waive the condition with the following compensating factors: [Redacted]+ years business ownership [Redacted]+ mortgage history Reviewer Comment (2026-05-08): Elevated to the client for review for a possible exception. Lender exception approval provided. Seller Comment (2026-05-07): Approved credit exception uploaded for review. |
05/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10284733 | [Redact] | 36407653 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Property is located in a rural area per appraisal, max LTV is [Redacted]% per guidelines. | Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. |
[Redacted]+ years business ownership | [Redact],Originator Pre-Close,Aggregator [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-05-12): Client elected to waive the condition with the following compensating factors: [Redacted]+ years business ownership [Redacted]+ mortgage history Reviewer Comment (2026-05-08): Elevated to the client for review for a possible exception. Lender exception approval provided. Seller Comment (2026-05-07): Approved credit exception uploaded to trailing docs for review. |
05/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||
| [Redact] | 10284734 | [Redact] | 36402788 | Compliance | Compliance | Miscellaneous Compliance | TILA | Missing Document: Right to Cancel (RTC) not provided | The file is missing a copy of Right to Cancel (RTC). | Reviewer Comment (2026-05-08): NORTC provided Seller Comment (2026-05-07): NORTC uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||||
| [Redact] | 10284734 | [Redact] | 36402793 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within [Redacted] or [Redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | 05/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284734 | [Redact] | 36402871 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Originator Loan Designation of Non-QM does not match Due Diligence Loan Designation of ATR Fail. | Reviewer Comment (2026-05-08): Missing bank statement provided Seller Comment (2026-05-07): [Redacted] bank statement uploaded to trailing docs for review. |
05/08/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284734 | [Redact] | 36402872 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met | Ability to Repay (Dodd-Frank 2014): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. | The file is missing the [Redacted] statement for account 4968. | Reviewer Comment (2026-05-08): Missing bank statement provided Seller Comment (2026-05-07): [Redacted] bank statement uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284734 | [Redact] | 36402874 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. | General Ability-to-Repay requirements not satisfied. | Reviewer Comment (2026-05-08): Missing bank statement provided |
05/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284734 | [Redact] | 36402875 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Notice of Right to Cancel was not provided. | Reviewer Comment (2026-05-08): NORTC provided Seller Comment (2026-05-07): NORTC uploaded to trailing docs for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10284734 | [Redact] | 36402878 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General Ability to Repay Provision: Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Reviewer Comment (2026-05-08): Missing bank statement provided Seller Comment (2026-05-07): [Redacted]5 bank statement uploaded to trailing docs for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10284709 | [Redact] | 36387080 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report not provided. | Reviewer Comment (2026-05-08): Fraud report provided Seller Comment (2026-05-07): FraudGuard report uploaded for review. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10284709 | [Redact] | 36387130 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than the Original Loan Amount. | 05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10110095 | [Redact] | 36387295 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Provide lender attestation | Reviewer Comment (2026-02-12): Lender attestation provided noting condo is warrantable. Buyer Comment (2026-02-11): see attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10110095 | [Redact] | 36387296 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal reflects a unit number vs. all other documents which do not. | Reviewer Comment (2026-02-24): Corrected appraisal provided Buyer Comment (2026-02-24): revised appraisal attached |
02/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||
| [Redact] | 10146589 | [Redact] | 36415892 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | As per guidelines Verification that the business is active and operating either no more than [Redacted] business days prior to the Note Date, or after the Note Date but prior to [Redacted] purchase is required with one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. |
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
[Redacted] vs [Redacted] | [Redact],Aggregator [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-03-19): Investor accepts and agrees to waive with compensating factors. Buyer Comment (2026-03-17): investor exception approval for use of CPA letter for business activity Reviewer Comment (2026-03-16): Received Business Narrative that only confirms the work profile however as per guide, A business narrative is required from the borrower to describe the type of business and number of employees. Also we need, Verification that the business is active and operating either no more than [Redacted] business days prior to the Note Date, or after the Note Date but prior to [Redacted] purchase is required with one of the following: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains. Buyer Comment (2026-03-13): Business narrative Reviewer Comment (2026-03-12): As per guide, one of the following documents is required: • Evidence of current work (executed contracts or signed invoices) • Evidence of current business receipts • Business website demonstrating activity supporting current business operations. Exception remains Buyer Comment (2026-03-11): CPA Letter |
03/19/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||
| [Redact] | 10146589 | [Redact] | 36415893 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or [Redacted]%). | EV2 Informational | Buyer Comment (2026-03-04): Acknowledged non-material EV2 |
03/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | D | B | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10146589 | [Redact] | 36415895 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Require Tax certificate for Subject property with monthly Tax as $[Redacted] as it is missing in file. | Reviewer Comment (2026-03-10): Received Tax cert. Exception cleared. Buyer Comment (2026-03-09): Tax Bill |
03/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10146589 | [Redact] | 36415896 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | As per guidelines Copy of security instrument submitted in the file must be a true and certified stamped copy of the original recorded security instrument, hence Require updated Security Instrument as the current Security Instrument in file does not reflect the same. | Reviewer Comment (2026-03-03): Cleared based on client directive. |
03/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | [Redact] | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10146589 | [Redact] | 36415897 | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided | As per guidelines a Business narrative is required from the borrower to describe the type of business and number of employees, Number of employees is not mentioned in the current Business narrative document, hence require updated document with number of employees updated. | Reviewer Comment (2026-04-21): Received updated Business narrative Confirmed no employee. Exception Cleared Buyer Comment (2026-04-20): Business Narrative Reviewer Comment (2026-03-19): The same Narrative was re-loaded. The exception was for ...Business narrative is required from the borrower to describe the type of business and NUMBER OF EMPLOYEES. Buyer Comment (2026-03-17): Please review Reviewer Comment (2026-03-10): Received CPA letter confirming the business is open and operating however requested for business narrative from borrower to confirm the nature of the business and the number of employees associated to the business. Exception remains. Buyer Comment (2026-03-09): CPA |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10146589 | [Redact] | 36415898 | Credit | Guideline | Guideline Issue | Guideline | Enhanced diligence review is being conducted on this loan. | Reviewer Comment (2026-04-02): cleared Buyer Comment (2026-04-01): [Redacted] accepts |
04/02/2026 | No | 1 | A | A | A | A | A | [Redact] | Investment | Refinance - Rate/Term | D | B | D | B | B | B | A | A | N/A | N/A | No | |||||||||||||||||
| [Redact] | 10195136 | [Redact] | 36415909 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Per HOI and RCE property address noted [Redacted] whereas as per Note and Title property address is [Redacted]. Lender to ensure all required documents match property address reflected on title report. | Reviewer Comment (2026-04-22): Received RCE with updated address. Exception cleared. Buyer Comment (2026-04-21): RCE with updated address Reviewer Comment (2026-04-08): Received HOI Policy with updated as per Note however RCE reflects both address [Redacted]S [Redacted]St." and "[Redacted]S [Redacted]St.". Updated RCE required with correct address. Exception remains Buyer Comment (2026-04-07): Updated insurance |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10195136 | [Redact] | 36415910 | Compliance | Compliance | Federal Compliance | GSE | FNMA Points and Fees | FNMA Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of the greater of [Redacted]% of the Original Loan Amount and $[Redacted] ([Redacted]). FNMA Finance Charge total $[Redacted] on a Original Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] and $[Redacted] ([Redacted]) (an overage of $[Redacted] or .[Redacted]%). | This is EV2 Informational exception. | Buyer Comment (2026-04-02): Acknowledged non-material EV2 |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Investment | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | B | B | A | A | N/A | N/A | Yes | |||||||||
| [Redact] | 10195136 | [Redact] | 36415911 | Credit | Guideline | Guideline Issue | Guideline | "Other" housing history reflects lates that do not meet guidelines. | 12-month housing history on the subject property, primary residence and all additional financed properties Credit Report noted housing history for REO Property [Redacted] till [Redacted]. Require Verification from [Redacted] till [Redacted] for mortgage # [Redacted]. | Reviewer Comment (2026-04-08): Received mortgage statement confirming mortgage payment from [Redacted] - [Redacted] and meets guide requirement. Exception cleared. Buyer Comment (2026-04-07): Mortgage statements |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10298513 | [Redact] | [Redact] | 36417750 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-05-25): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-05-21): (Rate Lock) [Redacted] |
05/25/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Investment | Purchase | A | A | A | A | A | A | A | A | Exempt from ATR | Exempt from ATR | No | |||||||||||
| [Redact] | 10313404 | [Redact] | [Redact] | 36494468 | Credit | Collateral | Missing/Incorrect | Collateral | Mortgage note not yet reviewed or approved by custodian. If applicable, please provide tracking number for delivery of collateral file. | Buyer Comment (2026-06-03): Waived on Rate Lock: Collateral cleared by Custodian Seller Comment (2026-06-01): (Rate Lock) [Redacted] |
06/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Purchase | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 9846222 | [Redact] | 36504600 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-11-03): Approval provided Buyer Comment (2025-10-31): Providing approval. |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redact] | 9502120 | [Redact] | 36504613 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lease for the subject is through a property management company. Property management agreement is missing. | Reviewer Comment (2025-10-29): Provided. Buyer Comment (2025-10-24): Providing agreement. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| [Redact] | 10305155 | [Redact] | 36843147 | Credit | Credit | Credit Documentation | Credit | Credit Report Error: Missing source document for credit/housing history. | As per guidelines Borrowers with no mortgage history due to a residence scenario requiring no mortgage payments are eligible with a satisfactory letter of explanation, hence require a satisfactory letter of explanation for no mortgage. | Reviewer Comment (2026-03-24): LOE provided Buyer Comment (2026-03-20): loe Reviewer Comment (2026-03-13): Guide reflects borrowers with no mortgage/rental history due to a residence scenario requiring no mortgage or rental payments are eligible with a satisfactory letter of explanation. Exception remains Buyer Comment (2026-03-12): per lender: This property is the borrower's primary residence and is owned free and clear, with taxes and insurance included in the payment. The intent of the guideline is to obtain an LOE when a borrower is living rent-free. Additionally, the borrower has a mortgage reporting on another property and owns several others free and clear. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | N/A | No | |||||||||||
| [Redact] | 10305139 | [Redact] | 36843150 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address mismatch, As per title document city name "[Redacted]", as per Insurance document city name "[Redacted]", Lender to ensure all required documents match property address reflected on title report. | Reviewer Comment (2026-03-23): Received Updated HOI with correction in city name. Exception Cleared Buyer Comment (2026-03-20): HOI with corrected [Redacted] |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| [Redact] | 10305157 | [Redact] | 36843155 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Require Third Party Verification document confirming Borrower's: [Redacted] Ownership % in business [Redacted]. as it is missing in file. Needs to be dated within 10 business days of the Note date. | Reviewer Comment (2026-04-02): Received the corrected Third Party Verification. Buyer Comment (2026-03-31): proof of sole ownership Buyer Comment (2026-03-31): Website confirming recent business and Cert of good standing. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305157 | [Redact] | 36843156 | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided | Require Third Party Verification document confirming Borrower's: [Redacted] Ownership% in business [Redacted]. as it is missing in file. - Credit Related Needs to be dated within 10 business days of the Note date. | Reviewer Comment (2026-04-02): Received the corrected Third Party Verification. Buyer Comment (2026-03-31): see upload |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305157 | [Redact] | 36843158 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided. | Reviewer Comment (2026-03-24): Delivery provided. Buyer Comment (2026-03-23): Appraisal delivery |
03/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305157 | [Redact] | 36843159 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | EV2 Informational | Buyer Comment (2026-03-18): Acknowledged non material |
03/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305157 | [Redact] | 36843162 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-02): Received the corrected Third Party Verification. Buyer Comment (2026-03-31): see upload |
04/02/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305157 | [Redact] | 36843163 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to Insufficient income documentation required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing. | Reviewer Comment (2026-04-02): Received the corrected Third Party Verification. Buyer Comment (2026-03-31): see upload |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305172 | [Redact] | 36843164 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Insurance Verification, Mortgage Statement and Tax Verification is missing to verify if taxes and insurance are escrowed for property [Redacted]. | Reviewer Comment (2026-04-07): Mortgage Statement and Tax Verification is provided and verified that taxes and insurance are escrowed for property [Redacted]. Exception Cleared Buyer Comment (2026-04-03): mortgage statement |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305172 | [Redact] | 36843166 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Require CPA letter stating funds withdrawal from the business account #[Redacted] , #[Redacted] & #[Redacted] will not be negatively impact the business. | Reviewer Comment (2026-04-17): CPA letter is provided also email copy is provided from lender confirming the withdrawal will not impact the business. Exception Cleared Buyer Comment (2026-04-15): See attached email from [Redacted] ok to clear Reviewer Comment (2026-04-10): There is no CFA in file other than income analysis but nothing for liquidity as to assets. We see a CPA letter but not on letterhead and no CPA license verification. If you are ok with this put comment on portal stating client/investor accepts . Reviewer Comment (2026-04-09): Received CPA letter confirming no impact in using business funds for the subject transaction however the letter needs to be on the letter head of the CPA. Provide CPA letter on the letter head of the CPA confirming withdrawal of funds from the business account #[Redacted], #[Redacted]& #[Redacted]will not be negatively impact the business. Exception remains. Buyer Comment (2026-04-08): CPA letter |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305172 | [Redact] | 36843169 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR Failure. This exception will be cleared once all ATR specific Exceptions have been cured/Cleared. | Reviewer Comment (2026-04-17): CPA letter is provided also email copy is provided from lender confirming the withdrawal will not impact the business. Exception Cleared Buyer Comment (2026-04-15): email uploaded from [Redacted] ok to clear CPA letter Reviewer Comment (2026-04-09): Received CPA letter confirming no impact in using business funds for the subject transaction however the letter needs to be on the letter head of the CPA. Provide CPA letter on the letter head of the CPA confirming withdrawal of funds from the business account #[Redacted], #[Redacted]& #[Redacted]will not be negatively impact the business. Exception remains. Buyer Comment (2026-04-08): CPA letter |
04/17/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305172 | [Redact] | 36843170 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient asset documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-09): Received CPA letter confirming no impact in using business funds for the subject transaction however the letter needs to be on the letter head of the CPA. Provide CPA letter on the letter head of the CPA confirming withdrawal of funds from the business account #[Redacted], #[Redacted]& #[Redacted]will not be negatively impact the business. Exception remains. Buyer Comment (2026-04-08): CPA letter |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305176 | [Redact] | 36843173 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Lender Exception(s) not provided | Approved Lender Exception. Exception Requested: Landlord is individual. Missing proof of [Redacted] rental payment. Compensating Factors: Low DTI and reserves. Client to review for acceptance. | Borrower has been employed in the same industry for more than [Redacted] years. Borrower has verified disposable income of at least $[Redacted]. Borrower has worked in the same position for more than [Redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [Redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [Redacted]% and $[Redacted]. The qualifying DTI on the loan is at least [Redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [Redacted] points. |
[Redact] [Redact] [Redact] [Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-04-08): Exception provided. Buyer Comment (2026-04-06): Exception approval |
04/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Purchase | C | B | C | B | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| [Redact] | 10305146 | [Redact] | 36843175 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Non-Borrowing Spouse reflecting in the bank statement, require Evidence of Access to Funds for Individual Retirement Account (IRA) account #[Redacted] & [Redacted]. | Reviewer Comment (2026-03-18): Received access letter to access the funds from the spouse. Exception cleared. Buyer Comment (2026-03-17): ACCESS TO FUNDS LETTER |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305148 | [Redact] | 36843179 | Credit | Loan Eligibility | Guideline Issue | Loan Eligibility | Credit history reflects lates that do not meet guidelines. | - Credit history reflects a total of ___ reported late payments. | Letter of explanation for delinquent tradeline for [Redacted] #[Redacted] is required. As per guidelines written letter of explanation signed by the borrower explaining the reason(s) for items currently/previously past due is required: • Items paid more than [Redacted] days past their due date within the last [Redacted] months. |
Reviewer Comment (2026-03-26): LOE provided. Buyer Comment (2026-03-25): LOE |
03/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305142 | [Redact] | 36843184 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. | The H-8 form was received for Notice of Right to Cancel. However H-9 form needed on refinance by the same creditor. But there was a [Redacted] lien that was not same to same lender covered by the H-8, This exception is informational. | Reviewer Comment (2026-03-31): [Redacted] does not service any loans. Correct form used. Exception Cleared Buyer Comment (2026-03-27): Per Lender: "Please review credit report > [Redacted] was lender not creditor > we funded then transferred loan. [Redacted] does not service any loans. Correct form used. Please escalate." Buyer Comment (2026-03-27): Below comment states H-8 required, the H-8 form is what was used and is in file. Please clarify prior comment. Reviewer Comment (2026-03-27): In this case, refinancing an existing loan with same creditor required H-8 form for Notice of Right to Cancel. Exception remains Buyer Comment (2026-03-25): Per Lender: Not applicable. Form H-9 is only used when we are refinancing a loan with same creditor. We are not refinancing an existing loan with same creditor in this case. |
03/31/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Limited Cash-out GSE | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | A | A | A | B | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305151 | [Redact] | 36843187 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | 1084 or income worksheet for [Redacted] and [Redacted] is missing in file | Reviewer Comment (2026-03-30): 1084 or income worksheet for [Redacted] and [Redacted] is provided in file. Exception Cleared Buyer Comment (2026-03-27): Income worksheet |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||
| [Redact] | 10305149 | [Redact] | 36843193 | Credit | System | General | System | AUS/Approval Subject Address does not match Note address. | Title report reflects subject property city name as "[Redacted]" however Note and all documents reflects city name as "[Redacted]". Lender to ensure all required documents match property address reflected on title report or provide updated title report with correct city name. | Reviewer Comment (2026-04-10): Title supplement is provided from title company with provided city name as acceptable. Exception Cleared Buyer Comment (2026-04-09): Addendum |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305138 | [Redact] | 36843195 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Buyer Comment (2026-03-26): Acknowledged non material EV2 Reviewer Comment (2026-03-26): Provide all copies of the appraisal. Per the[Redacted] appraisal a revision was done on [Redacted]. Provide the original appraisal and the [Redacted] appraisal. There will be an EV2 due to the [Redacted] appraisal not being delivered [Redacted]days prior to consummation [Redacted]). Buyer Comment (2026-03-25): Appraisal acknowledgement |
03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305138 | [Redact] | 36843198 | Credit | Missing Document | General | Missing Document | Missing Document: Explanation Letter not provided | Borrower owns Primary Residence free and clear, need satisfactory letter from the borrower(s) as per guideline. | Reviewer Comment (2026-03-31): LOX is provide for Free & Clear of primary property [Redacted]. Exception Cleared Buyer Comment (2026-03-30): LOE |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305156 | [Redact] | 36843202 | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date ___, Note Date ___ | As per guidelines, for refinances, the policy must be effective for at least [Redacted] days after the date of the loan, however Hazard Insurance Policy is expiring within [Redacted] days of the note date. Effective through [Redacted]. | Reviewer Comment (2026-04-08): Hazard Insurance Renewal Policy is provided. Exception Cleared Buyer Comment (2026-04-06): RENEWAL HAZARD BINDER |
04/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305156 | [Redact] | 36843203 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or .[Redacted]%). | EV2 Informational | Buyer Comment (2026-03-27): Acknowledged non-material EV2 |
03/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | B | B | B | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305178 | [Redact] | 36843206 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[Redacted]. Provide updated policy reflecting minimum coverage of $[Redacted] Or provide copy of insurer's Replacement Cost Estimate supporting current coverage amount. Shortfall of dwelling amount should meet FNMA requirements. | Reviewer Comment (2026-04-07): Replacement Cost Estimate supporting current coverage amount provided. Exception Cleared Buyer Comment (2026-04-03): REPLACEMENT COST ESTIMATOR |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305178 | [Redact] | 36843210 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [Redacted] not received by borrower at least four (4) business days prior to closing. | Revised Loan Estimate provided on [Redacted] signed on [Redacted], it is not signed within 3 days from date issued. | Reviewer Comment (2026-04-06): [Redacted] Received disclosure summary showing LE viewed by borrower on [Redacted]. Buyer Comment (2026-04-03): Please re-review and clear this condition. Unclear why the original exception is referring to a signature date not being within 3 days, which it was. Also, unclear why the response is referring back to the LE. The LE was also included, however comment on the [Redacted]upload states "Docusign tracking" is being uploaded to clear. Please re-review the DOCUSIGN TRACKING that was uploaded - D0402 shows the borrowers viewed the LE on [Redacted]. it was viewed 6 days prior to closing. Reviewer Comment (2026-04-03): [Redacted] received LE which is signed on [Redacted]. but, Consummation date is[Redacted] [Redacted] is day 1, [Redacted] is day [Redacted], [Redacted] is day [Redacted], and[Redacted] is day [Redacted]. Please provide documentation of receipt if available. Buyer Comment (2026-04-02): Docusign tracking - [Redacted] is within [Redacted]days of [Redacted] |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305164 | [Redact] | 36843218 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Missing balance sheet for [Redacted] that aligns with P&L provided. | Reviewer Comment (2026-04-06): Balance sheet for [Redacted] provided. Exception Cleared Buyer Comment (2026-04-03): balance sheet |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305164 | [Redact] | 36843219 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-06): Balance sheet for [Redacted] provided. Exception Cleared Buyer Comment (2026-04-03): see balance |
04/06/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305164 | [Redact] | 36843220 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-06): Balance sheet for [Redacted] provided. Exception Cleared Buyer Comment (2026-04-03): see balance sheet |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305162 | [Redact] | 36843221 | Credit | Documents | Missing Document | Documents | File does not contain documentation from lender/seller confirming the condo is warrantable. | - | Require Condo Warrantable documentation as File does not contain documentation from lender/seller confirming the condo is warrantable. Document provided is cutoff and reflects restrictions. | Reviewer Comment (2026-04-09): Project approval is provided in file from lender. Exception Cleared Buyer Comment (2026-04-08): UW Attestation |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305162 | [Redact] | 36843223 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Reviewer Comment (2026-04-09): Tax amount for [Redacted] state is $[Redacted]* [Redacted] = $[Redacted]. Exception Cleared Buyer Comment (2026-04-09): Tax Bills |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [Redact] | 10305180 | [Redact] | 36843232 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae [Redacted] [Redacted]% Points and Fees Test. Points and Fees on subject loan of [Redacted]% is in excess of the investor allowable maximum of [Redacted]% of the Federal Total Loan Amount. Points and Fees total $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an investor allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). | EV2 Informational | Buyer Comment (2026-04-06): Acknowledged non-material EV2 |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Second Home | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305180 | [Redact] | 36843235 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower within 3 days of closing was not provided. Waiver not provided. | Buyer Comment (2026-04-08): Acknowledged non material EV2 Reviewer Comment (2026-04-08): Received Appraisal delivery confirming appraisal report downloaded on [Redacted] However required evidence of appraisal report received by borrower 3 days prior to Closing/ note date or signed Appraisal Acknowledgement. Exception remains. Buyer Comment (2026-04-07): Appraisal delivery |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305180 | [Redact] | 36843236 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $[Redacted] exceeds tolerance of $[Redacted]. $[Redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Field Review Fee was disclosed as $[Redacted] on Initial LE and $[Redacted] on Final CD. No Evidence of cure and no valid COC provided in file. | Reviewer Comment (2026-04-22): [Redacted] Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-04-21): Email from borrower acknowledging receipt Reviewer Comment (2026-04-10): Cured in error. [Redacted] requires documentation that demonstrates the cure package was mailed or delivered to the consumer to complete the cure. This may include: • Carrier tracking information ([Redacted], etc.) reflecting package was in possession of courier, in transit, or delivered • Cancelled check; • Acknowledgement of receipt from consumer; or • Other comparable documentation confirming that the cure package was sent. Reviewer Comment (2026-04-10): Received the updated COC, PCCD and refund. Reviewer Comment (2026-04-10): received the updated COC and PCCD Buyer Comment (2026-04-09): LOE/COC form, PCCD and copy of refund check |
04/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305180 | [Redact] | 36843237 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Lender qualified LTV is [Redacted]% however as per guidelines for Purchase Second Home maximum LTV allowed is [Redacted]%. | Reviewer Comment (2026-04-10): Updated the guidelines provided. |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305180 | [Redact] | 36843238 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Lender qualified CLTV is [Redacted]% however as per guidelines for Purchase Second Home maximum CLTV allowed is [Redacted]%. | Reviewer Comment (2026-04-10): Updated the guidelines provided. |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305168 | [Redact] | 36843240 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | E-Sign consent dated [Redacted] is dated after the Loan Estimate dated [Redacted] | Reviewer Comment (2026-04-23): [Redacted] received LOE and disclosures summary. LE sent via mail. Buyer Comment (2026-04-22): Processor cert, Email and Comment Log Reviewer Comment (2026-04-22): [Redacted] Received CD and LOE belongs to different loan and borrower. Provide Processor cert and Comment log showing LE mailed along with borrower and loan details. Buyer Comment (2026-04-21): Processor cert, Email and Comment Log Reviewer Comment (2026-04-20): [Redacted] re-reviewed the LOE but the LOS snip and LOE does not verify the snip provided is for current loan. Please provide detailed LOE on lender letterhead or complete snip from which borrower name/loan ID/Property address can clearly verify. Buyer Comment (2026-04-17): Please re-review the provided email - what was provided from the branch was a snip from LOS. Reviewer Comment (2026-04-17): [Redacted] Received Email communication stating "Per LOS disclosure were sent via mail". Provide LOS snip showing LE was sent via mail. Buyer Comment (2026-04-16): Confirmation disclosures were mailed attached |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305168 | [Redact] | 36843244 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Missing [Redacted] transcript , [Redacted] and [Redacted] years income used to qualify. Both borrowers. | Reviewer Comment (2026-04-21): Received [Redacted]-[Redacted]Tax Transcript. Exception Cleared Buyer Comment (2026-04-20): [Redacted] transcripts |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305168 | [Redact] | 36843245 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-21): All Open Income and asset ATR Exception has been cleared. Exception Cleared Buyer Comment (2026-04-20): see upload |
04/21/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305168 | [Redact] | 36843246 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-21): All Open Income and asset ATR Exception has been cleared. Exception Cleared Buyer Comment (2026-04-20): See upload |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305169 | [Redact] | 36843251 | Credit | Missing Document | General | Missing Document | Missing Document: Transcripts not provided | IRS full tax transcripts are required to be obtained for all borrowers for year [Redacted]. | Reviewer Comment (2026-04-17): Tax transcripts for year [Redacted]is provided, Exception Cleared Buyer Comment (2026-04-15): Attached is the [Redacted]tax transcript |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305169 | [Redact] | 36843253 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | 1. Signed Profit and Loss (P&L) Statement(s) and Balance Sheet(s) is required for [Redacted] and [Redacted] regardless of whether or not the business income is being used to qualify. | Reviewer Comment (2026-04-21): Received [Redacted] record found transcripts for [Redacted]for both borrowers. P&L statement and balance sheet for [Redacted] LLC received for year [Redacted]. However Application date is[Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Also Business Tax return available for [Redacted]for [Redacted] LLC and Application date is [Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Exception cleared. Buyer Comment (2026-04-20): Please see attached rebuttal from our UW Reviewer Comment (2026-04-17): Transcripts for year [Redacted]is required with no results found. Also, required Signed Profit and Loss (P&L) Statement(s) and Balance Sheet(s) for [Redacted] LLC regardless of whether or not the business income is being used to qualify as per guide. Exception remains Buyer Comment (2026-04-16): Lender's response: Attached is PL and Balance sheet for [Redacted]. Our underwriter indicated that a [Redacted]P&L/Balance Sheet for [Redacted] however we have the [Redacted] 1120S return in file for that business so a [Redacted]P&L/Balance Sheet would not be required. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305169 | [Redact] | 36843254 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-21): Received NO record found transcripts for [Redacted]for both borrowers. P&L statement and balance sheet for [Redacted] LLC received for year [Redacted]. However Application date is [Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Also Business Tax return available for [Redacted]for [Redacted] LLC and Application date is [Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Exception cleared. Buyer Comment (2026-04-20): LOX Reviewer Comment (2026-04-17): Transcripts for year [Redacted]is required with no results found. Also, required Signed Profit and Loss (P&L) Statement(s) and Balance Sheet(s) for [Redacted] LLC regardless of whether or not the business income is being used to qualify as per guide. Exception remains Buyer Comment (2026-04-16): Lender's response: Attached is PL and Balance sheet for [Redacted]. Our underwriter indicated that a [Redacted]P&L/Balance Sheet for [Redacted] however we have the [Redacted]1120S return in file for that business so a [Redacted]P&L/Balance Sheet would not be required. |
04/21/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305169 | [Redact] | 36843255 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-21): Received NO record found transcripts for [Redacted]for both borrowers. P&L statement and balance sheet for [Redacted] LLC received for year [Redacted]. However Application date is [Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Also Business Tax return available for [Redacted] for [Redacted] LLC and Application date is [Redacted] hence First quarter not completed hence P&L statement and balance sheet not required. Exception cleared. Buyer Comment (2026-04-20): LOX Reviewer Comment (2026-04-17): Transcripts for year [Redacted]is required with no results found. Also, required Signed Profit and Loss (P&L) Statement(s) and Balance Sheet(s) for [Redacted] LLC regardless of whether or not the business income is being used to qualify as per guide. Exception remains Buyer Comment (2026-04-16): Lender's response: Attached is PL and Balance sheet for [Redacted]. Our underwriter indicated that a [Redacted]P&L/Balance Sheet for [Redacted] however we have the [Redacted] 1120S return in file for that business so a [Redacted]P&L/Balance Sheet would not be required. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305159 | [Redact] | 36843257 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Loan Estimate Timing Electronically Provided | TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [Redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. | Loan Estimate is dated [Redacted] and the E-sign consent is dated [Redacted]. | Reviewer Comment (2026-04-22): [Redacted] received e-consent dated [Redacted] Buyer Comment (2026-04-21): Econsent |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305143 | [Redact] | 36843262 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [Redacted] disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [Redacted]). The disclosed Total of Payments in the amount of $[Redacted] is under disclosed by $[Redacted] compared to the calculated total of payments of $[Redacted] which exceeds the $[Redacted] threshold. | Under disclosure was resolved on post closing Closing Disclosure [Redacted], however Letter of Explanation, Proof of Delivery and Refund check for under disclosed equivalent amount was not provided to complete cure. | Reviewer Comment (2026-04-27): [Redacted] received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD Buyer Comment (2026-04-24): LOE to borrower Buyer Comment (2026-04-24): Shipping label and refund check Buyer Comment (2026-04-24): PCCD Reviewer Comment (2026-03-11): Notary fee increased in the amount of $[Redacted]. Total cure required is copy of $[Redacted]check provided to the borrower, PCCD, LOE, and proof of mailing. Buyer Comment (2026-03-10): Final CD |
04/27/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305143 | [Redact] | 36843263 | Credit | Guideline | Guideline Issue | Guideline | Debt to Income Ratio (DTI) <= 3% | Loan DTI is [Redacted]% as per 1008; however, clarity is reflecting DTI as [Redacted]% however. This is because lender used expense ratio as [Redacted]%. Comments on 1008 addendum states monthly income as $[Redacted], however final 1003 and income section of 1008 reflect monthly bank statement income as $[Redacted]. EV2 informational. | Reviewer Comment (2026-03-25): Updated 1003 & 1008 is provided with correct income with updated DTI ratios which match the clarity. Exception Cleared Buyer Comment (2026-03-24): updated 1003 and 1008 |
03/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Second Home | Purchase | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10305143 | [Redact] | 36843266 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Provide confirmation the existence of the borrower's active business from a third party to be obtained either within [Redacted] business days prior to the date of the note, or after the note date but prior to loan purchase. The methods of verifying the business existence include Certified Public Accountant (CPA), regulatory agency or applicable licensing bureau. Any of the validating sources used must indicate the borrower has been self-employed for a minimum of two years. Internet listings are not an acceptable source of verification. CPA letter in file is not dated. | Reviewer Comment (2026-04-17): Business entity/SOS search is provided within [Redacted]days prior to loan purchase. Exception Cleared Buyer Comment (2026-04-16): SOS with print date attached Reviewer Comment (2026-04-14): Provided business listing/regulatory agency is not within [Redacted]business days prior to the date of the note (date is not reflecting), Exception remains Buyer Comment (2026-04-13): Per Lender- SOS attached |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Second Home | Purchase | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [Redact] | 10305143 | [Redact] | 36843267 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-17): Business entity/SOS search is provided within 10 days prior to loan purchase. Exception Cleared Buyer Comment (2026-04-16): see upload [Redacted] Reviewer Comment (2026-04-14): Provided business listing/regulatory agency is not within 10 business days prior to the date of the note (date is not reflecting), Exception remains Buyer Comment (2026-04-13): see upload[Redacted] |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [Redact] | 10305143 | [Redact] | 36843268 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | The loan was approved with an Originator Loan Designation of (Non-QM) but the (Require Third Parity Verification) per Investor Guidelines was not provided causing the loan to waterfall through the Non-QM Testing. | Reviewer Comment (2026-04-17): Business entity/SOS search is provided within 10 days prior to loan purchase. Exception Cleared Buyer Comment (2026-04-16): see upload [Redacted] Reviewer Comment (2026-04-14): Provided business listing/regulatory agency is not within 10 business days prior to the date of the note (date is not reflecting), Exception remains Buyer Comment (2026-04-13): see upload [Redacted] |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Second Home | Purchase | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [Redact] | 10305143 | [Redact] | 36843269 | Credit | Missing Document | General | Missing Document | Missing Document: Third Party Verification not provided | Provide confirmation the existence of the borrower's active business from a third party to be obtained either within [Redacted] business days prior to the date of the note, or after the note date but prior to loan purchase. The methods of verifying the business existence include Certified Public Accountant (CPA), regulatory agency or applicable licensing bureau. Any of the validating sources used must indicate the borrower has been self-employed for a minimum of two years. Internet listings are not an acceptable source of verification. CPA letter in file is not dated. | Reviewer Comment (2026-04-17): Business entity/SOS search is provided within [Redacted]days prior to loan purchase. Exception Cleared Buyer Comment (2026-04-16): see upload [Redacted] Reviewer Comment (2026-04-14): Provided business listing/regulatory agency is not within 10 business days prior to the date of the note (date is not reflecting), Exception remains Buyer Comment (2026-04-13): see upload [Redacted] |
04/17/2026 | No | 1 | A | A | A | A | A | [Redact] | Second Home | Purchase | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| [Redact] | 10305181 | [Redact] | 36843272 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Review used YTD P&L, however, YTD P&L reflects a [Redacted]% decrease over most recent tax year. Note: [Redacted] YTD gross was [Redacted], [Redacted] YTD gross was [Redacted] [Redacted] year end P&L gross was [Redacted] and YTD P&L for [Redacted] months reflects gross [Redacted]. Guides state: If the YTD P&L reflects a net income decline of [Redacted]% or more compared to the prior tax year, the income is ineligible for qualifying.. Investor review for acceptability. LOX at a minimum to explain decline as starting point should be considered. |
Reviewer Comment (2026-04-29): LOX and bank statements supporting income deposit continuance in line with prior year. Buyer Comment (2026-04-27): UW Response |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Investment | Purchase | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| [Redact] | 10305175 | [Redact] | 36843275 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Per guidelines, a minimum [Redacted]-month history of IRA distributions is required to consider the income stable and eligible for qualification. Borrower provided 2 months [Redacted] and [Redacted] [Redacted]. | Reviewer Comment (2026-04-29): Lender pointed out the [Redacted]distribution for [Redacted]of $[Redacted] Buyer Comment (2026-04-29): Per [Redacted]: I just reviewed the updated condition, and [Redacted] didn't need to continue requesting documentation from [Redacted](statement or 1099). My understanding was that the screenshot [Redacted] provided with her original rebuttal was from the YTD [Redacted]statement, which clearly reflects total income distributions for [Redacted]. That documentation was/is sufficient to establish the [Redacted] total distributions and a six month history of receipt at an amount greater than or equal to the income used to qualify. When Prime reached out via the [Redacted] Scenarios inbox, I confirmed that this documentation would be sufficient to support the [Redacted]distributions. Given that, I'm disappointed that Prime continued to receive suspense conditions requesting additional documentation to establish [Redacted]distributions when [Redacted] already had what was needed. Can you help clarify [Redacted] rationale for not accepting this documentation as sufficient to validate the [Redacted] total distributions? Buyer Comment (2026-04-28): Attached is [Redacted] IRA [Redacted] Reviewer Comment (2026-04-23): Please point us to the [Redacted]historical distributions received to confirm the [Redacted]month history has been met. We are ok if it was lowered for [Redacted]but cannot locate the [Redacted]. Provide the documents . Buyer Comment (2026-04-23): Per [Redacted], please advise: I want to make sure I'm fully understanding [Redacted] condition, because based on our pipeline call earlier today, I thought [Redacted] was stating that the income amount being used to qualify exceeds the current and historical IRA distributions reflected on the statement. However, after reviewing the condition and the related email chain, it appears the opposite may be true. Based on what I'm seeing, it appears the income used to qualify is actually less than (more conservative) than the documented distributions. Can you please confirm whether the below is accurate? • Income used to qualify = $[Redacted]/ month • Current monthly distribution (per statement screenshot) = $[Redacted]/ month • Historical distributions ([Redacted]total): $[Redacted]÷ 1[Redacted]2 = $[Redacted]/ month If the current distributions support (i.e., exceed) the amount used to qualify, and the [Redacted]annual total also supports (i.e., exceeds) the qualifying amount, I don't see an issue with Prime Lending using a lower, more conservative income figure to qualify. Additionally, Prime indicated they have the most recent two months of account statements reflecting current and total YTD distributions, and when combined with the [Redacted] annual total, this would more than establish a six month historical basis of receipt at an amount equal to or greater than the income being used to qualify. If that is in fact the case, I'm not seeing [Redacted] concern. That said, I'm admittedly flying a bit blind here, as I don't have the full documentation-only the suspense condition and a partial screenshot. Please confirm whether my understanding above is correct, or let me know where I'm missing something. Reviewer Comment (2026-04-21): Received UW comments stating Statement reflects $[Redacted]as Annual distribution for year [Redacted]. However Lender has considered $[Redacted]monthly as IRA distribution which does not supports the annual distribution for $[Redacted]". Either Provide a document that reflects the gross IRA distribution less taxes calculation amounting to $[Redacted]or provide Statement from [Redacted] [Redacted]- [Redacted] [Redacted]reflecting $[Redacted]been deposited to the borrower's account as a IRA distribution. Exception Remains. Buyer Comment (2026-04-20): PER LENDER: PLEASE ATTACHED FROM UW |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305175 | [Redact] | 36843276 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing evidence of additional expenses for $[Redacted] listed on Final 1003. | Reviewer Comment (2026-04-21): Received Tax cert to add the additional Taxes to the property. Exception cleared. Buyer Comment (2026-04-20): PER LENDER ; see attached clarification and borrower lox |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10305175 | [Redact] | 36843277 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-29): Lender pointed out the [Redacted] distribution for [Redacted]of $[Redacted] Buyer Comment (2026-04-28): See upload [Redacted] Reviewer Comment (2026-04-21): Received UW comments stating Statement reflects $[Redacted]as Annual distribution for year [Redacted]. However Lender has considered $[Redacted]monthly as IRA distribution which does not supports the annual distribution for $[Redacted]". Either Provide a document that reflects the gross IRA distribution less taxes calculation amounting to $[Redacted]or provide Statement from [Redacted]- [Redacted] [Redacted]reflecting $[Redacted]been deposited to the borrower's account as a IRA distribution. Exception Remains.[Redacted] Buyer Comment (2026-04-20): See upload [Redacted] |
04/29/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | [Redact] | Second Home | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10305175 | [Redact] | 36843278 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared. | Reviewer Comment (2026-04-29): Lender pointed out the [Redacted]distribution for vof $[Redacted] Buyer Comment (2026-04-28): See upload [Redacted] Reviewer Comment (2026-04-21): Received UW comments stating Statement reflects $[Redacted] as Annual distribution for year [Redacted]. However Lender has considered $[Redacted]monthly as IRA distribution which does not supports the annual distribution for $[Redacted]". Either Provide a document that reflects the gross IRA distribution less taxes calculation amounting to $[Redacted]or provide Statement from [Redacted] [Redacted]- [Redacted] reflecting $[Redacted]been deposited to the borrower's account as a IRA distribution. Exception Remains.[Redacted] Buyer Comment (2026-04-20): See upload [Redacted] |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10286377 | [Redact] | 36849948 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Neither evidence of delivery of review appraisal nor compliant acknowledgment of receipt signed at closing provided. | Reviewer Comment (2026-03-04): Appraisal delivery received and captured in file; Exception cleared. Buyer Comment (2026-03-03): We have all of these proof of delivery in the file (see attached). |
03/04/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10286377 | [Redact] | 36849949 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Contact Information - Broker | TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [Redact] did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). | The Broker's Contact NMLS ID is not disclosed on page 5 of the borrower's final CD. | Reviewer Comment (2026-03-04): [Redact] received Letter of Explanation & Corrected Closing Disclosure. Buyer Comment (2026-03-03): PCCD & LOE |
03/04/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10286377 | [Redact] | 36849950 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [Redact] exceeds tolerance of [Redact]. [Redact] over legal limit. Insufficient or no cure was provided to the borrower. | Fee was disclosed as [Redact] on the Loan Estimate dated [Redact] but was disclosed as [Redact] on the Final Closing Disclosure. A valid change of circumstance is not provided for fee increase and no evidence of tolerance cure is provided. | Reviewer Comment (2026-03-04): [Redact] received a valid COC. Buyer Comment (2026-03-03): Pricing actually changed from [Redact] to [Redact]. Please see attached COC |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179421 | [Redact] | 36849955 | Compliance | Compliance | State Compliance | Misc. State Level | ([Redact]50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) | [Redact] Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan. The loan file does not evidence the Title Policy includes the [Redact] T-42 endorsement or the T-42.1 endorsement. (The loan is a [Redact] Section 50 (a)(6) home equity loan.) | Reviewer Comment (2026-03-19): Title endorsement verbiage mentioned in Title commitment; Exception cleared. Buyer Comment (2026-03-18): within the Title Commitment, Schedule C. |
03/19/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179421 | [Redact] | 36849956 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Appraisal Receipt dated [Redact] is prior to appraisal report dated [Redact] | Reviewer Comment (2026-04-08): cleared Reviewer Comment (2026-04-08): Appraisal receipt has been received and associated. Exception Cleared. Buyer Comment (2026-04-07): uploaded Reviewer Comment (2026-03-26): Received the original appraisal and the delivery for the original appraisal ([Redact]). Provide delivery for the [Redact] appraisal. Buyer Comment (2026-03-26): appraisal prior to delivery uploaded. |
04/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179421 | [Redact] | 36849957 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Calculated loan to value percentage of 79.92278% exceeds guideline loan to value percentage of 75.00000%. A Lender Exception was provided with approval for max LTV of 80% | Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least [Redact]. Borrower has worked in the same position for more than 3 years. The representative FICO score exceeds the guideline minimum by at least 40 points. |
[Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-03-18): Lender Exception with Compensating Factors provided. |
03/18/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||
| [Redact] | 10179421 | [Redact] | 36849958 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Calculated combined loan to value percentage of 79.92278% exceeds guideline loan to value percentage of 75.00000%. A Lender Exception was provided with approval for max CLTV of 80% | Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least [Redact]. Borrower has worked in the same position for more than 3 years. The representative FICO score exceeds the guideline minimum by at least 40 points. |
[Redact] [Redact] [Redact] [Redact] |
Reviewer Comment (2026-03-18): Lender Exception with Compensating Factors provided. |
03/18/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Non QM | Non QM | No | ||||||||
| [Redact] | 10179526 | [Redact] | 36849959 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Neither evidence of delivery of final appraisal, dated [Redact], nor compliant acknowledgment of receipt signed at closing provided. | Reviewer Comment (2026-04-22): Proof for appraisal delivery D0351 dated [Redact] provided along with delivery receiving date [Redact], Exception cleared. Buyer Comment (2026-04-21): Uploaded Reviewer Comment (2026-04-10): Provide proof of appraisal dated [Redact], when it was viewed by borrower, so the 3-day mailbox rule gets satisfied; Also provide prior copy of appraisal dated [Redact]; Exception remains. Buyer Comment (2026-04-09): Uploaded |
04/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179526 | [Redact] | 36849960 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact]. Non-Compliant Higher Priced Mortgage Loan. | Non-compliant HPML due to missing evidence of receipt of final appraisal at least 3 business days prior to Note date. | Reviewer Comment (2026-04-22): Proof for appraisal delivery D0351 dated [Redact] provided along with delivery receiving date [Redact], Exception cleared. Buyer Comment (2026-04-21): Uploaded Reviewer Comment (2026-04-10): Provide proof of appraisal dated [Redact], when it was viewed by borrower, so the 3-day mailbox rule gets satisfied; Also provide prior copy of appraisal dated [Redact]; Exception remains. Buyer Comment (2026-04-09): Uploaded |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179526 | [Redact] | 36849961 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Neither evidence of delivery of final appraisal, dated [Redact], nor compliant acknowledgment of receipt signed at closing provided. | Reviewer Comment (2026-04-22): Proof for appraisal delivery D0351 dated [Redact] provided along with delivery receiving date [Redact], Exception cleared. Buyer Comment (2026-04-21): Uploaded Reviewer Comment (2026-04-10): Provide proof of appraisal dated [Redact], when it was viewed by borrower, so the 3-day mailbox rule gets satisfied; Also provide prior copy of appraisal dated [Redact]; Exception remains. Buyer Comment (2026-04-09): Uploaded |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179526 | [Redact] | 36849962 | Compliance | Compliance | Federal Compliance | Compliance | Subject to Rescission | Loan is subject to Rescission. | Reviewer Comment (2026-04-22): EV1. |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179526 | [Redact] | 36849963 | Compliance | Compliance | State Compliance | Compliance | [Redact] Home Loan - Loan Does Not Qualify for Safe Harbor/Exemption from MA Borrower Interest Requirement | [Redact] Home Loan: Mortgage loan does not qualify under Borrower's Interest Safe Harbor for anti-flipping provisions. | Reviewer Comment (2026-04-22): EV1. |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179526 | [Redact] | 36849964 | Compliance | Compliance | State Compliance | State Defect | [Redact] Home Loan - Borrower's Interest Tangible Net Benefit Worksheet Not in File | [Redact] Home Loan: No evidence in loan file of document or worksheet indicating how the lender determined that the home loan is in the borrower's interest. | Reviewer Comment (2026-04-10): TNB state disclosure received and captured in file; Exception cleared. Buyer Comment (2026-04-09): Uploaded |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179526 | [Redact] | 36849965 | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) [Redact] Higher-Priced Mortgage Loan (Loan Exceeds HPML Thresholds and failed One or More Federal HPML Provisions Making Loan a Non-Compliant MA HPML - Refer to Federal HPML Exceptions for more details) | [Redact] Higher-Priced Mortgage Loan: Federal HPML Not Compliant. Refer to failed messages for Federal HPML for more details. | Loan is non-compliant HPML due to missing evidence of appraisal delivery three days prior to closing. | Reviewer Comment (2026-04-22): Proof for appraisal delivery D0351 dated [Redact] provided along with delivery receiving date [Redact], Exception cleared. Buyer Comment (2026-04-21): Uploaded Reviewer Comment (2026-04-10): Provide proof of appraisal dated [Redact], when it was viewed by borrower, so the 3-day mailbox rule gets satisfied; Also provide prior copy of appraisal dated [Redact]; Exception remains. Buyer Comment (2026-04-09): Uploaded |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179526 | [Redact] | 36849966 | Compliance | Compliance | State Compliance | State HPML | [Redact] HPML Threshold Test Non-Compliant | [Redact] Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact] Non-Compliant Higher Priced Loan. | Loan is non-compliant HPML due to missing evidence of appraisal delivery three days prior to closing. | Reviewer Comment (2026-04-22): Proof for appraisal delivery D0351 dated [Redact] provided along with delivery receiving date [Redact], Exception cleared. Buyer Comment (2026-04-21): Uploaded Reviewer Comment (2026-04-10): Provide proof of appraisal dated [Redact], when it was viewed by borrower, so the 3-day mailbox rule gets satisfied; Also provide prior copy of appraisal dated [Redact]; Exception remains. Buyer Comment (2026-04-09): Uploaded |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| [Redact] | 10179526 | [Redact] | 36849967 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of [Redact] exceeds tolerance of [Redact]. [Redact] over legal limit. Insufficient or no cure was provided to the borrower. | Loan Discount Points were disclosed as [Redact] on the Loan Estimate dated [Redact] but disclosed as [Redact] on the Final Closing Disclosure. A valid change of circumstance not provided for fee increase. The cure provided at closing ([Redact]) is insufficient to address all tolerance violations. | Reviewer Comment (2026-04-13): [Redact] received valid changed circumstance. Buyer Comment (2026-04-09): Uploaded |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179526 | [Redact] | 36849968 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. [Redact] over legal limit. Insufficient or no cure was provided to the borrower. | Second Appraisal Fee was not disclosed on the initial Loan Estimate. A valid change of circumstance not provided for disclosure of the new fee. The cure provided at closing ([Redact]) is sufficient to address the violation but is insufficient to address all tolerance violations. | Reviewer Comment (2026-04-03): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Buyer Comment (2026-04-01): The cure on the CD is to include the cure for the [Redact]. Discount Points is not part of this cure. |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179526 | [Redact] | 36849969 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. [Redact] over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal Completion Fee was not disclosed on the initial Loan Estimate. A valid change of circumstance not provided for disclosure of the new fee. The cure provided at closing ([Redact]) is sufficient to address the violation but is insufficient to address all tolerance violations. | Reviewer Comment (2026-04-03): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception. Buyer Comment (2026-04-01): The cure on the CD is to include the cure for the [Redact]. Discount Points is not part of this cure. |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | [Redact] | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179526 | [Redact] | 36849970 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The loan amount changed after issuance of title commitment. The final title policy is not provided for review. | Reviewer Comment (2026-04-10): Revised copy of title commitment received with correct coverage amount; Exception cleared. Buyer Comment (2026-04-09): Uploaded |
04/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179526 | [Redact] | 36849971 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: ___ | Reviewer Comment (2026-04-22): EV1. |
04/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| [Redact] | 10179526 | [Redact] | 36849972 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-13): Sufficient Cure Provided At Closing |
04/13/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| [Redact] | 10179526 | [Redact] | 36849973 | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of [Redact] exceeds tolerance of [Redact]. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-13): Sufficient Cure Provided At Closing |
04/13/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||||||||
| [Redact] | 10179526 | [Redact] | 36849974 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact]. Compliant Higher Priced Mortgage Loan. | Compliant HPML, nothing required from lender. Investor to review for approval. | Reviewer Comment (2026-04-22): EV1. |
04/22/2026 | No | 1 | A | A | A | A | A | [Redact] | Primary | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [Redact] | 10179526 | [Redact] | 36849975 | Compliance | Compliance | State Compliance | State HPML | [Redact] HPML Threshold Test Compliant | [Redact] Higher-Priced Mortgage Loan: APR on subject loan of [Redact] or Final Disclosure APR of [Redact] is equal to or greater than the threshold of APOR [Redact] + 1.5%, or [Redact] Compliant Higher Priced Loan. | Buyer Comment (2026-04-22): Appraisal and impound acct established |
04/22/2026 | No | 2 | B | B | B | B | B | [Redact] | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [Redact] | 10179494 | [Redact] | 36849977 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-13): Title final has been received & captured. Exception cleared. |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Second Home | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| [Redact] | 10179494 | [Redact] | 36849978 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Estimated Escrow Payment Over Disclosed Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. |
04/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | [Redact] | Second Home | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849979 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether Homeowners Insurance is included in escrow. | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849980 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Costs Year 1 Underdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of on Final Closing Disclosure provided on [Redact] are underdisclosed | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Buyer Comment (2026-04-13): This loan was always disclosed with having an escrow waiver. Pg 2 of the CD did not have impounds collected and page 1 and 4 were clerical errors. The borrower signed the corrected CD which would indicate that they were made aware of the corrections. There was an escrow waiver disclosure signed at closing that supports this. Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. Buyer Comment (2026-04-13): Borrower signed the PC CD acknowledging the changes. LOE not required. Reviewer Comment (2026-04-13): [Redact] recived corrected PCCD but missing LOE to borrower. LOE is required to accompanying CD. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849981 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Property Taxes Included In Escrow | TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether property taxes are included in escrow. | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Refinance - Cash-out - Other | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849982 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. Buyer Comment (2026-04-13): Borrower signed the PC CD acknowledging the changes. LOE not required. Reviewer Comment (2026-04-13): [Redact] recived corrected PCCD but missing LOE to borrower. LOE is required to accompanying CD. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849983 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redact] incorrectly disclosed whether the loan will have an escrow account. | Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure, however, Section G on page 2 of the document does not reflect escrows collected at closing. | Reviewer Comment (2026-04-13): Corrected CD prior to initial reporting Reviewer Comment (2026-04-13): [Redact] recognizes that fees can be updated in dry funding state, however, testing methodology generally remains the same. Creditors are required to disclose CDs based on best information reasonably known to the creditor at time of disclosure. This best information reasonably available standard requires the creditor to exercise due diligence in obtaining the information. Please provide documentation of the change from impounds on [Redact] to no impounds on [Redact] and provide timeline and notification documentation for review. Buyer Comment (2026-04-13): Borrower signed the PC CD acknowledging the changes. LOE not required. Reviewer Comment (2026-04-13): [Redact] recived corrected PCCD but missing LOE to borrower. LOE is required to accompanying CD. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | [Redact] | Second Home | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| [Redact] | 10179494 | [Redact] | 36849984 | Compliance | Compliance | Federal Compliance | RESPA | RESPA - Initial Escrow Account Statement Missing | RESPA: Initial escrow account statement was not provided to the borrower. | Missing required disclosure. Escrowed taxes and insurance are disclosed on pages 1 and 4 of the final Closing Disclosure. | Reviewer Comment (2026-04-13): Initial escrow account disclosure is not required as transaction is purchase and Tax & insurance are not escrowed as per final CD for subject property. Exception cleared. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Second Home | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| [Redact] | 10179494 | [Redact] | 36849985 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-04-13): Title final has been received & captured. Exception cleared. Buyer Comment (2026-04-10): Uploaded |
04/13/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | [Redact] | Second Home | Refinance - Cash-out - Other | C | B | B | A | C | B | A | A | Non QM | Non QM | No |