MORGAN STANLEY CAPITAL I INC. ABS-15G
Exhibit 99.3 - Schedule 1
| Loan ID | Seller Loan ID | Investor Loan ID | Overall Initial Loan Grade | Overall Final Loan Grade | Credit Initial Loan Grade | Credit Current/Final Loan Grade | Compliance Initial Loan Grade | Compliance Current/Final Loan Grade | Property Initial Loan Grade | Property Current/Final Loan Grade | Queue | Finding Code | Date Created | Date Modified | Finding Status | Event Level | Initial Finding Grade | Current/Final Finding Grade | Finding Category | Finding Sub Category | Finding Name | Finding Comments | Seller Comments | Resolution Comments | Reviewer Comp Factor | Originator Comp Factors | Finding Documents | Originator QM Status | Final Reviewed QM Status | Loan Amount | Property State | Occupancy | Loan Purpose | Refinance Purpose | Acknowledged / WaivedBy | Waiver in File? | Unique Finding ID |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3634 | 2025-10-30 17:33 | 2026-01-27 12:48 | Cured | 2 - Non-Material | C | B | Compliance | TRID | Charges That Cannot Increase Test | Cured-Received corrected PCCD XXXX. - Due Diligence Vendor-12/08/2025 Counter-Received PCCD XXXX, LOE, refund check for $800 and shipping label. However, the PCCD does not have the lender credit verbiage "for closing costs above legal limit" present. Please provide a corrected PCCD. - Due Diligence Vendor-12/08/2025 Counter-Documentation provided is insufficient. If the borrower was charged the $800 appraisal fee at the time the initial LE was issued, TRID requires the fee to be disclosed on the initial LE. The appraisal being a POC item does not negate this Regulation Z requirement. Finding remains - Due Diligence Vendor-12/02/2025 Ready for Review-Document Uploaded. At the time the Loan Estimate was provided to the borrower, the $800 appraisal fee was in fact charged but it was charged as a POC item. See attached invoice. The final charge to the borrower for the appraisal was disclosed on the closing disclosure as a POC item. - Seller-11/26/2025 Counter------Received COC for the increase in transfer taxes. No COC for the $800 appraisal added on CD XXXX. -- Zero (0%) tolerance fees increased by $800 (Appraisal Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $800.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - One year; Expiration date: XXXX. (COC in file for increase in Government Transfer Taxes of $284.80) Additional findings may apply upon receipt. Finding Remains. - Due Diligence Vendor-11/26/2025 Ready for Review-Document Uploaded. Please ensure that your system reviews both the attached COC CD dated XXXX and the initial CD dated XXXX which was uploaded under separate condition. - Seller-11/25/2025 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,084.80.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Zero (0%) tolerance fees increased by $1,084.80 (Appraisal Fee & Transfer Taxes) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $800.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - One year; Expiration date: XXXX. (COC in file for increase in Government Transfer Taxes of $284.80) Additional findings may apply upon receipt. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. At the time the Loan Estimate was provided to the borrower, the $800 appraisal fee was in fact charged but it was charged as a POC item. See attached invoice. The final charge to the borrower for the appraisal was disclosed on the closing disclosure as a POC item. - Seller-11/26/2025 Ready for Review-Document Uploaded. Please ensure that your system reviews both the attached COC CD dated XXXX and the initial CD dated XXXX which was uploaded under separate condition. - Seller-11/25/2025 |
Cured-Received corrected PCCD XXXX. - Due Diligence Vendor-12/08/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075798 | |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | FCRE0104 | 2026-01-27 12:39 | 2026-01-27 12:46 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Open-PPP is present on a Primary Residence - Due Diligence Vendor-01/27/2026 |
Waived-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 7315470 | |||
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | FCOM0010 | 2025-10-30 16:50 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Closing | Prepayment penalty on non-investment loan | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. - Seller-11/14/2025 Counter------Need Initial CD dated at least 3 days prior to closing of XXXX. Statute of Limitations - One Year; Expiration date: XXXX. Additional findings may apply upon receipt. Finding Remains. - Due Diligence Vendor-11/13/2025 Ready for Review-Document Uploaded. We agree, as a non-investment property, no prepayment penalty should have been placed on loan. We have removed any indication in our system and revised the CD accordingly. Please re-review for compliance and advise what additional documentation, if any, you will need for this and related issue(s). Corrected CD uploaded herewith. - Seller-11/12/2025 Open-Prepayment penalty on non-investment loan. ----- ----- Missing initial CD and acknowledgement by borrower(s) a minimum 3 days prior to consummation date. Statute of Limitations - One Year; Expiration date: XXXX. Additional findings may apply upon receipt. - Due Diligence Vendor-10/30/2025 |
Ready for Review-Document Uploaded. - Seller-11/14/2025 Ready for Review-Document Uploaded. We agree, as a non-investment property, no prepayment penalty should have been placed on loan. We have removed any indication in our system and revised the CD accordingly. Please re-review for compliance and advise what additional documentation, if any, you will need for this and related issue(s). Corrected CD uploaded herewith. - Seller-11/12/2025 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075207 | |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3399 | 2025-10-30 17:33 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Disclosure | High-Cost Mortgage Timing of Disclosure Test | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Open-This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: ( 12 CFR §1026.31(c) )The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least three business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. -----Missing high-cost disclosure. Subject loan is a primary residence with a prepayment penalty. Provide resigned Note, Mortgage, evidence of rerecording or Mortgage, LOE, PCCD with evidence of receipt by Borrower(s) - Due Diligence Vendor-12/17/2025 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075803 | |||
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3408 | 2025-10-30 17:33 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | High-Cost Mortgage Late Fee Test | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Open-Late payment fee may not exceed 4% on high-cost loan. Subject loan is a primary residence with a prepayment penalty. Provide resigned Note, Mortgage, evidence of rerecording or Mortgage, LOE, PCCD with evidence of receipt by Borrower(s) - Due Diligence Vendor-12/17/2025 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075795 | |||
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3403 | 2025-10-30 17:33 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | High-Cost Mortgage Prepayment Term Test | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Open-This loan failed the high-cost mortgage prepayment term test. ( 12 CFR §1026.32(d)(6) )The loan:Provides for a penalty for paying all or part of the closed-end transaction's principal before the date on which the principal is due; orImposes a charge by the creditor if the consumer terminates the open-end credit plan prior to the end of its term, other than a waived bona fide third-party charge that the creditor imposes if the consumer terminates the open-end credit plan sooner than 36 months after account opening. -----Subject loan is a primary residence with a prepayment penalty. Provide resigned Note, Mortgage, evidence of rerecording or Mortgage, LOE, PCCD with evidence of receipt by Borrower(s) - Due Diligence Vendor-12/17/2025 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075796 | |||
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3406 | 2025-10-30 17:33 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Disclosure | High-Cost Mortgage Pre-Loan Counseling Date Test | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. Please see the attached loan modification agreement removing the prepayment penalty addendum. Loan modification agreement in line for recording with county. - Seller-01/16/2026 Open-This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a XXXX RESPA loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a 2015 TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; orThe loan is a chattel loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received the disclosures required by 12 CFR §1026.32; orThe High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the U.S. Department of Housing and Urban Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2604(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. -----Missing high-cost counseling disclosure. Subject loan is a primary residence with a prepayment penalty. Provide resigned Note, Mortgage, evidence of rerecording or Mortgage, LOE, PCCD with evidence of receipt by Borrower(s) - Due Diligence Vendor-12/17/2025 |
Ready for Review-Document Uploaded. Please see the attached loan modification agreement removing the prepayment penalty addendum. Loan modification agreement in line for recording with county. - Seller-01/16/2026 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075797 | |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3396 | 2025-10-30 17:33 | 2026-01-27 12:45 | Resolved | 1 - Information | C | A | Compliance | Points & Fees | High-Cost Mortgage Prepayment Penalty Threshold Test | Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 Counter-Received Modification only. Provide LOE, PCCD, and evidence of receipt by borrower(s) of all items. - Due Diligence Vendor-01/21/2026 Open-This loan failed the high-cost mortgage prepayment penalty threshold test. ( 12 CFR §1026.32(a)(1)(iii) )The loan contract or open-end credit agreement allows the creditor to charge:A prepayment penalty more than 36 months after consummation or account opening; orPrepayment penalties that can exceed, in total, more than 2 percent of the amount prepaid. -----Subject loan is a primary residence with a prepayment penalty. Provide resigned Note, Mortgage, evidence of rerecording or Mortgage, LOE, PCCD with evidence of receipt by Borrower(s) - Due Diligence Vendor-12/17/2025 |
Resolved-Received fully executed loan modification removing PPP. Received PCCD dated XXXX removing PPP - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075804 | |||
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | FCRE1437 | 2025-10-31 15:28 | 2025-12-04 11:04 | Waived | 2 - Non-Material | C | B | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Waived-Received exception from for the income verification for the 2nd job covering 18 months, not 24 months. Non-material with compensating factors. - Due Diligence Vendor-12/04/2025 Ready for Review-Document Uploaded. XXXX has approved this loan for an exception related to Income - Seller-12/01/2025 Counter-Review is unable to locate less than 24 months acceptable with compensating factors for secondary employment-please clarify. Finding remains-Do Not Meet Guidelines 24 months of employment for job #1 verified, only 18 months for job #2, need previous 2nd job employer to complete 24 months for the 2nd job. - Due Diligence Vendor-11/16/2025 Ready for Review-I don't see that I included the compensating factors in my comment yesterday. They are: - 75% LTV (XXXX is 90%) - 778 FICO - Purchase Primary Residence - Seller-11/13/2025 Ready for Review-Less than 24 months of second job employment is allowed with compensating factors. See below. Please advise if sufficient. - Seller-11/12/2025 Open-Income and Employment Do Not Meet Guidelines 24 months of employment for job #1 verified, only 18 months for job #2, need previous 2nd job employer to complete 24 months for the 2nd job. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. XXXX has approved this loan for an exception related to Income - Seller-12/01/2025 Ready for Review-I don't see that I included the compensating factors in my comment yesterday. They are: - 75% LTV (XXXX is 90%) - 778 FICO - Purchase Primary Residence - Seller-11/13/2025 Ready for Review-Less than 24 months of second job employment is allowed with compensating factors. See below. Please advise if sufficient. - Seller-11/12/2025 |
Waived-Received exception from for the income verification for the 2nd job covering 18 months, not 24 months. Non-material with compensating factors. - Due Diligence Vendor-12/04/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
6 months reserves greater than program requirement. High discretionary income, borrowers contribution exceeds requirement by=>5%. VOR 0x30 in 24 months. Fico 20 points or more above requirement. | XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | Yes | 6087546 |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | finding-3532 | 2025-10-30 17:33 | 2025-11-26 10:08 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-----Received initial CD dated XXXX. Finding Resolved. - Due Diligence Vendor-11/26/2025 Ready for Review-Document Uploaded. Initial Disclosure dated & signed by borrower on XXXX - Seller-11/25/2025 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ----- Missing initial CD and acknowledgement by borrower(s) a minimum 3 days prior to consummation date. Statute of Limitations - One Year; Expiration date: XXXX. Additional findings may apply upon receipt. - Due Diligence Vendor-10/31/2025 |
Ready for Review-Document Uploaded. Initial Disclosure dated & signed by borrower on XXXX - Seller-11/25/2025 |
Resolved-----Received initial CD dated XXXX. Finding Resolved. - Due Diligence Vendor-11/26/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 6075794 | |
| XXXX | XXXX | 10196880 | C | B | C | B | C | B | A | A | Closed | FCOM5135 | 2025-10-30 16:58 | 2025-10-30 16:58 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-10/30/2025 | Waived-Required Affiliated Business Disclosure Missing -----Originator waiver applied to non-material Findings. - Due Diligence Vendor-10/30/2025 |
Qualifying FICO score is at least 20 points above minimum for program - 765 score exceeds 660 min score per guides Months Reserves exceed minimum required - 16 mos reserves exceed 6 mos per guides |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | Originator Post-Close | No | 6075414 | |||
| XXXX | 10101477 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2025-12-09 07:50 | 2025-12-18 16:27 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator waiver applied to non-material finding with compensating factors- To allow LTV to exceed the 70% per guidelines- - Due Diligence Vendor-12/18/2025 Ready for Review-Document Uploaded. LTV exception was added to credit exception - Seller-12/15/2025 Open-Audited LTV of 74.07% exceeds Guideline LTV of 70% Per Matrix LTV exceeds the 70% with a FICO score of 675. - Due Diligence Vendor-12/09/2025 |
Ready for Review-Document Uploaded. LTV exception was added to credit exception - Seller-12/15/2025 |
Waived-Originator waiver applied to non-material finding with compensating factors- To allow LTV to exceed the 70% per guidelines- - Due Diligence Vendor-12/18/2025 |
Months Reserves exceed minimum required - 27.22 months reserves exceed required 3 by 24.22 months Long term residence - Borrower at current residence > 5 years. |
37 months reserves, 3 months required 0x30x16 no late or delinquent payments 16 years on job Investment property cash flow |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6544395 | |
| XXXX | 10101477 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2025-12-09 07:13 | 2025-12-17 17:37 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/17/2025 Ready for Review-Document Uploaded. dot with legal - Seller-12/15/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing the legal to the mortgage - Due Diligence Vendor-12/09/2025 |
Ready for Review-Document Uploaded. dot with legal - Seller-12/15/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/17/2025 |
Months Reserves exceed minimum required - 27.22 months reserves exceed required 3 by 24.22 months Long term residence - Borrower at current residence > 5 years. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6544083 | ||
| XXXX | 10101477 | C | B | C | B | A | A | A | A | Closed | FCRE0068 | 2025-12-09 07:30 | 2025-12-09 12:39 | Waived | 2 - Non-Material | C | B | Credit | Closing | Remaining Equity is less than $40,000 which does not meet guideline requirement | Waived-Originator exception granted to allow less than $40,000 equity remaining, Non-material waiver applied with comp factors. non-material due to LTV - FICO - Due Diligence Vendor-12/09/2025 Open-Remaining equity is less than $40,000 which does not meet guideline requirement. Lenders Exception pg245 Requesting an exception loan has $35,000 equity. Minimum Equity Requirement $40,000 has NOT been met. XXXX- Due Diligence Vendor-12/09/2025 |
Waived-Originator exception granted to allow less than $40,000 equity remaining, Non-material waiver applied with comp factors. non-material due to LTV - FICO - Due Diligence Vendor-12/09/2025 |
Months Reserves exceed minimum required - 27.22 months reserves exceed required 3 by 24.22 months Long term residence - Borrower at current residence > 5 years. |
# of Months Reserves- 6 LTV / CLTV% - 74.07 FICO – 675 # of Tradelines – 19 Years of Monthly Payments -16 Years on the Job – 16 Years at Present Address –XXXX |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 6544226 | |||
| XXXX | 10101360 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 10101498 | D | A | D | A | A | A | A | A | Closed | FCRE1194 | 2025-12-17 17:53 | 2026-01-02 16:19 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Resolved-Per section 1.4 of the guideline. will allow discount points and broker origination fees to be added on top of the base loan amount thus increasing the total loan amount. The points financed are limited to a maximum two (2) percent of the base loan amount. The new (total) loan amount will reflect the funds used to pay discount points and broker origination fees and will be used to calculate the final LTV, but the pricing of the loan will be computed on the LTV of the base loan amount. - Due Diligence Vendor-01/02/2026 Counter-Received Lock Confirmation. Loan amount of XXXX/Appraised Value XXXX= 71.4% . Finding Remains. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. With the 648 score, the max LTV is 70%, which would be a base loan amount of XXXX. You can see attached that the "loan amount" is XXXX: however, the broker financed 2 points into the loan, so the final loan amount was XXXX. The guideline on determining the LTV is: XXXX will finance up to two (2) percent of the base loan amount that may be used to pay discount points, broker origination fees, and/or buyer’s realtor fees. These funds used will be reflected in the LTV, however pricing of the loan will be based on the base LTV. - Seller-12/26/2025 Open-Audited LTV of 71.4% exceeds Guideline LTV of 70% Borrower's FICO score of 648 allows for a maximum LTV of 70%. - Due Diligence Vendor-12/17/2025 |
Ready for Review-Document Uploaded. With the 648 score, the max LTV is 70%, which would be a base loan amount of XXXX. You can see attached that the "loan amount" is XXXX: however, the broker financed 2 points into the loan, so the final loan amount was XXXX. The guideline on determining the LTV is: XXXX will finance up to two (2) percent of the base loan amount that may be used to pay discount points, broker origination fees, and/or buyer’s realtor fees. These funds used will be reflected in the LTV, however pricing of the loan will be based on the base LTV. - Seller-12/26/2025 |
Resolved-Per section 1.4 of the guideline. will allow discount points and broker origination fees to be added on top of the base loan amount thus increasing the total loan amount. The points financed are limited to a maximum two (2) percent of the base loan amount. The new (total) loan amount will reflect the funds used to pay discount points and broker origination fees and will be used to calculate the final LTV, but the pricing of the loan will be computed on the LTV of the base loan amount. - Due Diligence Vendor-01/02/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 On time mortgage history exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6672289 | ||
| XXXX | 10101498 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2025-12-17 15:37 | 2025-12-24 15:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOE - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. please find the LOX - Seller-12/22/2025 Open-LOX for credit inquiries is missing. Provide LOX for credit inquiries from 6/2/2025. - Due Diligence Vendor-12/17/2025 |
Ready for Review-Document Uploaded. please find the LOX - Seller-12/22/2025 |
Resolved-Received LOE - Due Diligence Vendor-12/24/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 On time mortgage history exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6669330 | ||
| XXXX | 10101498 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2025-12-17 19:23 | 2025-12-24 15:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITI - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. please find the PITI - Seller-12/22/2025 Open-Lender to provide documentation for taxes and insurance, as well as the new principal & Interest payment, for new loans on properties 3c and 3d of the borrower's loan application. Additional conditions may apply. - Due Diligence Vendor-12/18/2025 |
Ready for Review-Document Uploaded. please find the PITI - Seller-12/22/2025 |
Resolved-Received PITI - Due Diligence Vendor-12/24/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 On time mortgage history exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6673308 | ||
| XXXX | 10101498 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2025-12-17 19:13 | 2025-12-24 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received Tax Verification. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. please find tax breakdown - Seller-12/22/2025 Open-Missing Evidence of Property Tax Subject is new construction. Lender to provide evidence of tax cert / county tax estimator to justify XXXX taxable value for new construction (improvements) on currently owned vacant land that is non-owner occupied, with an appraised value XXXX. Additional conditions may apply. - Due Diligence Vendor-12/18/2025 |
Ready for Review-Document Uploaded. please find tax breakdown - Seller-12/22/2025 |
Resolved-Received Tax Verification. - Due Diligence Vendor-12/24/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 On time mortgage history exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6673273 | ||
| XXXX | 10101498 | D | A | D | A | A | A | A | A | Closed | FCRE1254 | 2025-12-18 12:17 | 2025-12-24 15:19 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Received Prelim with address for both units. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. please see page 5 that shows both addresses. - Seller-12/22/2025 Open-Property Title Issue Verify full property address matching the subject Note. - Due Diligence Vendor-12/18/2025 |
Ready for Review-Document Uploaded. please see page 5 that shows both addresses. - Seller-12/22/2025 |
Resolved-Received Prelim with address for both units. - Due Diligence Vendor-12/24/2025 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.92 On time mortgage history exceeds guideline requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6686904 | ||
| XXXX | 10101420 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2025-12-17 10:09 | 2025-12-24 15:35 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. dot with legal - Seller-12/22/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal to the mortgage - Due Diligence Vendor-12/17/2025 |
Ready for Review-Document Uploaded. dot with legal - Seller-12/22/2025 |
Resolved-Received Mortgage w/Legal. - Due Diligence Vendor-12/24/2025 |
Months Reserves exceed minimum required - 93.40 months reserves exceed required 3 by 90.40 months Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 642 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6661084 | ||
| XXXX | 10101328 | C | B | C | B | A | A | A | A | Closed | FCRE8201 | 2026-01-16 14:09 | 2026-01-16 14:10 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Document Uploaded. Originator waiver applied to non-material finding with compensating factors. No reserves with LTV that exceeds 65%. - Due Diligence Vendor-01/16/2026 Open-The borrower financed points to exceed a 65% CLTV with no reserves. - Due Diligence Vendor-01/16/2026 |
Waived-Document Uploaded. Originator waiver applied to non-material finding with compensating factors. No reserves with LTV that exceeds 65%. - Due Diligence Vendor-01/16/2026 |
LTV is less than guideline maximum - LTV 67.76% is lower than maximum 80% Required is 80 Borrower has 67.76 Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 814 is higher than the required 620 Required is 620 Borrower has 814 |
814 fico 27 tradelines |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 7143057 | ||
| XXXX | 10101328 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2025-12-16 12:54 | 2025-12-24 14:21 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/24/2025 Ready for Review-Document Uploaded. please find the dot with legal - Seller-12/23/2025 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description - Due Diligence Vendor-12/16/2025 |
Ready for Review-Document Uploaded. please find the dot with legal - Seller-12/23/2025 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-12/24/2025 |
LTV is less than guideline maximum - LTV 67.76% is lower than maximum 80% Required is 80 Borrower has 67.76 Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 814 is higher than the required 620 Required is 620 Borrower has 814 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6646473 | ||
| XXXX | 10101105 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 10101238 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FCRE1232 | 2025-12-19 10:58 | 2026-02-27 17:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Calculated DSCR does not meet the Minimum DSCR allowed | Resolved-DSCR -- STR XXXX. The loan file contains actual STR lookback figures of XXXX The lender used the lower of the 2 figures. - Due Diligence Vendor-01/07/2026 Ready for Review-Document Uploaded. the 1007 was provided on 1/2 - Seller-01/07/2026 Counter-Received STR report. Please provide 1007. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. 1007 for review. - Seller-01/03/2026 Counter-Review did not receive 1007. STRpro only provided and 20% reduction required. Finding remains. - Due Diligence Vendor-12/29/2025 Ready for Review-We used the 1007 amount without deducitng 20% as it is a lot lower than the XXXX income we have documented in the file. - Seller-12/23/2025 Ready for Review-Document Uploaded. dscr is based on str please find docs and calc - Seller-12/23/2025 Open-The Calculated DSCR of '0.962' is less than the minimum DSCR per lender guidelines of '1'. The lender used 100% of the STR estimate and did not deduct 20% as per guides. When the correct 80% is used the DSCR decreases to 0.962 - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. the 1007 was provided on 1/2 - Seller-01/07/2026 Ready for Review-Document Uploaded. 1007 for review. - Seller-01/03/2026 Ready for Review-We used the 1007 amount without deducitng 20% as it is a lot lower than the XXXX income we have documented in the file. - Seller-12/23/2025 Ready for Review-Document Uploaded. dscr is based on str please find docs and calc - Seller-12/23/2025 |
Resolved-DSCR -- STR XXXX. The loan file contains actual STR lookback figures of XXXX The lender used the lower of the 2 figures. - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6705111 | ||
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FCRE1198 | 2025-12-19 13:30 | 2026-01-07 13:19 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-DSCR is over 1, no reserves required. - Due Diligence Vendor-01/07/2026 Counter-DSCR under 1.00 requires a minimum 640 FICO and 6 months reserves. Review has not received 1007 confirming DSCR >1 - Due Diligence Vendor-01/06/2026 Ready for Review-RESERVES ARE NOT REQUIRED ON THIS LOAN PLEASE CLEAR. - Seller-01/03/2026 Counter-DSCR under 1.00 requires a minimum 640 FICO and 6 months reserves. - Due Diligence Vendor-12/29/2025 Ready for Review-we do not need funds or reserves on this loan, please clear. - Seller-12/23/2025 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 6 month(s) Assets missing from file - Due Diligence Vendor-12/19/2025 |
Ready for Review-RESERVES ARE NOT REQUIRED ON THIS LOAN PLEASE CLEAR. - Seller-01/03/2026 Ready for Review-we do not need funds or reserves on this loan, please clear. - Seller-12/23/2025 |
Resolved-DSCR is over 1, no reserves required. - Due Diligence Vendor-01/07/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6709699 | |||
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FPRO1255 | 2025-12-19 09:44 | 2026-01-06 16:14 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc - Credit | HOA Questionnaire Document is Missing | Waived-Originator provided a waiver for single entity ownership >30%, applied to non material finding with comp factors - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. credit exception for review. - Seller-01/03/2026 Counter-Received HOA Questionnaire. 38% of project is owned by same entity. Condo does not meet requirements. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. HOA - Seller-12/23/2025 Open-Subject Property is part of an HOA but the HOA Questionnaire Document is Missing. The HOA questionnaire was not identified in the file. - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. credit exception for review. - Seller-01/03/2026 Ready for Review-Document Uploaded. HOA - Seller-12/23/2025 |
Waived-Originator provided a waiver for single entity ownership >30%, applied to non material finding with comp factors - Due Diligence Vendor-01/06/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
FICO: 777 LTV: 60% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 6703559 | |
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FCRE9501 | 2025-12-19 10:38 | 2026-01-06 16:06 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Received final HUD confirming borrower received incidental cash back, - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. Payoff was less funds to bwr not short. please see the payoff and fss - Seller-01/03/2026 Counter-Funds to close are not verified. Funds to close $4,754.71 - Due Diligence Vendor-12/29/2025 Ready for Review-reserves are not required on this loan, please clear findings. - Seller-12/23/2025 Open-Total Qualified Assets Post-Close amount is '$-4754.71'. Assets are Insufficient. The application shows a checking account with XXXX with a $24,165.45 balance. No documentation of this account was identified in the file. - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. Payoff was less funds to bwr not short. please see the payoff and fss - Seller-01/03/2026 Ready for Review-reserves are not required on this loan, please clear findings. - Seller-12/23/2025 |
Resolved-Received final HUD confirming borrower received incidental cash back, - Due Diligence Vendor-01/06/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6704725 | ||
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FPRO1257 | 2025-12-19 09:44 | 2026-01-06 16:01 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received secondary valuation. - Due Diligence Vendor-01/06/2026 Ready for Review-Document Uploaded. CU for review. - Seller-01/03/2026 Counter-Received desk review for a different property. Please provide secondary valuation for subject. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. XXXX - Seller-12/23/2025 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. The secondary value product was not identified in the file. - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. CU for review. - Seller-01/03/2026 Ready for Review-Document Uploaded. XXXX - Seller-12/23/2025 |
Resolved-Received secondary valuation. - Due Diligence Vendor-01/06/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6703560 | ||
| XXXX | 10101323 | D | B | D | B | A | A | C | A | Closed | FCRE1173 | 2025-12-19 09:58 | 2025-12-29 15:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Condo Master Insurance Policy is Missing | Resolved-Master HOI received. - Due Diligence Vendor-12/29/2025 Ready for Review-Document Uploaded. please find the master - Seller-12/23/2025 Open-Missing Condo Master Insurance Policy The Condo Master Policy was not identified in the file. The XXXX insurance cannot be determined. - Due Diligence Vendor-12/19/2025 |
Ready for Review-Document Uploaded. please find the master - Seller-12/23/2025 |
Resolved-Master HOI received. - Due Diligence Vendor-12/29/2025 |
LTV is less than guideline maximum - Required is 75 Borrower has 57.38 Required is 75 Borrower has 57.38 Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 777 Required is 620 Borrower has 777 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6703900 | ||
| XXXX | 10101508 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 10101491 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10101383 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10101351 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10085634 | D | B | D | B | A | A | A | A | Closed | FCRE1198 | 2025-12-27 08:30 | 2026-01-15 12:41 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Waived-Client waiver applied to non-material finding with compensating factors to allow less than 12 months reserves - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. exception request AND approval for FTI with <12 months housing and <12 months reserves uploaded - Seller-01/14/2026 Counter-Review reflects First Time Investor, 12 months PITIA reserves required. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Please see attached ATR sheet thatreflects 5.71 mo reserves. Final Cash to close was 54,934.40 which is under the max of 59,377.90.Please advise if there is a discrepncy between calculations. - Buyer-12/30/2025 Open-Audited Reserves of 6.27 month(s) are less than Guideline Required Reserves of 12 month(s) Missing verification of sufficient assets for reserves. FTI requires 12 month of reserves - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. exception request AND approval for FTI with <12 months housing and <12 months reserves uploaded - Seller-01/14/2026 |
Waived-Client waiver applied to non-material finding with compensating factors to allow less than 12 months reserves - Due Diligence Vendor-01/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 792 Required is 700 Borrower has 792 LTV is less than guideline maximum - Required is 75 Borrower has 66.9 Required is 75 Borrower has 66.9 |
FICO is 90 points above min required DSCR is .19 over 1 Revolving credit use is 11% Credit history 0x30x36 months |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 6823193 |
| XXXX | XXXX | 10085634 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2025-12-27 08:09 | 2026-01-15 12:39 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Waived-Client waiver applied to non-material finding with compensating factors to allow FTI without 12 month housing history - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. exception request AND approval for FTI with <12 months housing and <12 months reserves uploaded - Buyer-01/14/2026 Counter-Received acceptable rent free letter. Borrowers who do not have a complete 12-month housing history are ineligible for the program. First Time Investor must have a verified 12 month housing history. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/02/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower lives rent free, letter does not include how long borrower has resided at residence. Borrower has no housing history and is not eligible for the program. Experienced Investor or First Time Investor that owns other REO that meets the 12-month housing history requirement as documented by acceptable mortgage payment history or free and clear ownership. A “rent-free” letter of explanation from the homeowner is required. Borrowers who do not have a complete 12-month housing history are ineligible for the program. - Due Diligence Vendor-12/29/2025 |
Waived-Client waiver applied to non-material finding with compensating factors to allow FTI without 12 month housing history - Due Diligence Vendor-01/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 792 Required is 700 Borrower has 792 LTV is less than guideline maximum - Required is 75 Borrower has 66.9 Required is 75 Borrower has 66.9 |
FICO is 90 points above min required DSCR is .19 over 1 Revolving credit use is 11% Credit history 0x30x36 months |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 6823167 | |
| XXXX | XXXX | 10085634 | D | B | D | B | A | A | A | A | Closed | FCRE1201 | 2025-12-27 08:10 | 2026-01-05 11:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received fraud report and clearance supporting documentation. - Due Diligence Vendor-01/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 Counter-Received fraud report. Missing XXXX clearance for parties noted. - Due Diligence Vendor-12/31/2025 Ready for Review-Document Uploaded. Please see attached third party fraud doc - Seller-12/30/2025 Open-Missing Third Party Fraud Report Missing from loan file - Due Diligence Vendor-12/29/2025 |
Ready for Review-Document Uploaded. Supporting Document - Seller-01/02/2026 Ready for Review-Document Uploaded. Please see attached third party fraud doc - Seller-12/30/2025 |
Resolved-Received fraud report and clearance supporting documentation. - Due Diligence Vendor-01/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 792 Required is 700 Borrower has 792 LTV is less than guideline maximum - Required is 75 Borrower has 66.9 Required is 75 Borrower has 66.9 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6823169 | |
| XXXX | 10101223 | C | B | C | B | A | A | C | A | Closed | FCRE0185 | 2025-12-31 12:05 | 2026-01-15 16:45 | Resolved | 1 - Information | C | A | Property | Value | Loan missing Desk Review as required per Guidelines | Resolved-Received Desk Review. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. please find the dvr - Seller-01/14/2026 Open-Loan missing Desk Review as required per Guidelines. 2-4 unit property Desk review is required per guidelines. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. please find the dvr - Seller-01/14/2026 |
Resolved-Received Desk Review. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - 21 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6876509 | ||
| XXXX | 10101223 | C | B | C | B | A | A | C | A | Closed | FCRE1441 | 2025-12-31 11:40 | 2026-01-15 16:44 | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received LOE and Updated CBR. - Due Diligence Vendor-01/15/2026 Ready for Review-Document Uploaded. please find the LOX and credit sup showing the collection was in error and was cleared. - Seller-01/14/2026 Open-Delinquent Credit History Does Not Meet Guideline Requirements Missing documentation showing that Collection account with XXXX has been paid in full-account is less than one year old. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. please find the LOX and credit sup showing the collection was in error and was cleared. - Seller-01/14/2026 |
Resolved-Received LOE and Updated CBR. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - 21 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6875846 | ||
| XXXX | 10101223 | C | B | C | B | A | A | C | A | Closed | FCRE0104 | 2025-12-31 16:13 | 2025-12-31 16:22 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Originator waiver applied to non material finding - Due Diligence Vendor-12/31/2025 Open-Prepayment Penalty is not allowed. Per XXXX. - Due Diligence Vendor-12/31/2025 |
Waived-Originator waiver applied to non material finding - Due Diligence Vendor-12/31/2025 |
Months Reserves exceed minimum required - 21 months > 3 required Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 763 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | No | 6881635 | ||||
| XXXX | 10101407 | C | A | C | A | A | A | C | A | Closed | FCRE1156 | 2025-12-31 13:35 | 2026-01-21 18:25 | Resolved | 1 - Information | C | A | Credit | Insurance | Named Insured on Hazard Insurance does not match Borrower(s) Name(s) | Resolved-Update HOI provided. - Due Diligence Vendor-01/21/2026 Ready for Review-Document Uploaded. corrected ins - Seller-01/21/2026 Counter-Received Op Agreement. HOI to reflect vested entity as insured. Missing XXXX as insured. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. borrower is owner of XXXX per guides this is allowable. please clear. - Seller-01/14/2026 Open-Named Insured does not match Borrower(s) Name(s) Provide Evidence of Insurance that shows XXXX as Insured, current policy is under a XXXX. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. corrected ins - Seller-01/21/2026 Ready for Review-Document Uploaded. borrower is owner of XXXX per guides this is allowable. please clear. - Seller-01/14/2026 |
Resolved-Update HOI provided. - Due Diligence Vendor-01/21/2026 |
Additional assets not used to qualify - Borrower has additional assets not being used. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6878439 | ||
| XXXX | 10101407 | C | A | C | A | A | A | C | A | Closed | FCRE1441 | 2025-12-31 13:46 | 2026-01-21 15:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Delinquent Credit History Does Not Meet Guideline Requirements | Resolved-Received LOE and updated credit report. Item not reporting/originally reported in error. - Due Diligence Vendor-01/21/2026 Ready for Review-this was already uploaded please clear. - Seller-01/16/2026 Counter-Received additional credit report. Please provide supplement confirming collection removed. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. Document Uploaded. please find the LOX and credit sup showing the collection was in error and was cleared. - Seller-01/14/2026 Open-Delinquent Credit History Does Not Meet Guideline Requirements Provide evidence that collection account with XXXX has been paid in full, account less than 12 months old. - Due Diligence Vendor-12/31/2025 |
Ready for Review-this was already uploaded please clear. - Seller-01/16/2026 Ready for Review-Document Uploaded. Document Uploaded. please find the LOX and credit sup showing the collection was in error and was cleared. - Seller-01/14/2026 |
Resolved-Received LOE and updated credit report. Item not reporting/originally reported in error. - Due Diligence Vendor-01/21/2026 |
Additional assets not used to qualify - Borrower has additional assets not being used. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6878633 | ||
| XXXX | 10101407 | C | A | C | A | A | A | C | A | Closed | FCRE0185 | 2025-12-31 14:02 | 2026-01-16 15:57 | Resolved | 1 - Information | C | A | Property | Value | Loan missing Desk Review as required per Guidelines | Resolved-Received desk review supporting value. - Due Diligence Vendor-01/16/2026 Ready for Review-Document Uploaded. please find the dvr - Seller-01/14/2026 Open-Loan missing Desk Review as required per Guidelines. Provide Desk Review as required per Guidelines. - Due Diligence Vendor-12/31/2025 |
Ready for Review-Document Uploaded. please find the dvr - Seller-01/14/2026 |
Resolved-Received desk review supporting value. - Due Diligence Vendor-01/16/2026 |
Additional assets not used to qualify - Borrower has additional assets not being used. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6878981 | ||
| XXXX | 10101147 | C | A | C | A | A | A | C | A | Closed | FPRO1249 | 2026-01-02 10:54 | 2026-01-15 13:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Neighborhood Location Not Allowed for Program | Resolved-Lender confirmed they did not consider the property rural. - Due Diligence Vendor-01/15/2026 Ready for Review-Please clear, XXXX determines property is rural or not, property is rural with suburban characteristics is 20 min away from major city of XXXX, restaurants, hotels and places or worship and hospitals. please clear. - Seller-01/07/2026 Open-Primary Value Valuation Neighborhood Location Not Allowed for Program Loan is considered rural by appraiser and TPR. Provide confirmation that originator did not categorize the property as rural, if determined to be rural, additional findings may apply - Due Diligence Vendor-01/02/2026 |
Ready for Review-Please clear, XXXX determines property is rural or not, property is rural with suburban characteristics is 20 min away from major city of XXXX, restaurants, hotels and places or worship and hospitals. please clear. - Seller-01/07/2026 |
Resolved-Lender confirmed they did not consider the property rural. - Due Diligence Vendor-01/15/2026 |
On time mortgage history exceeds guideline requirement - 0x30x12 in the past 37 months Months Reserves exceed minimum required - 14.63 months reserves exceed required 3 by 11.63 months |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6894250 | |||
| XXXX | 10101147 | C | A | C | A | A | A | C | A | Closed | FCRE0185 | 2026-01-02 11:07 | 2026-01-09 16:51 | Resolved | 1 - Information | C | A | Property | Value | Loan missing Desk Review as required per Guidelines | Resolved-Desk Review received. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. DVR for review. - Seller-01/07/2026 Open-Loan missing Desk Review as required per Guidelines. CU Score is 2.9 that exceeds the min 2.0. A desk review is required. - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. DVR for review. - Seller-01/07/2026 |
Resolved-Desk Review received. - Due Diligence Vendor-01/09/2026 |
On time mortgage history exceeds guideline requirement - 0x30x12 in the past 37 months Months Reserves exceed minimum required - 14.63 months reserves exceed required 3 by 11.63 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6894586 | ||
| XXXX | 10101147 | C | A | C | A | A | A | C | A | Closed | FCRE1510 | 2026-01-02 10:40 | 2026-01-09 16:46 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received legal description. - Due Diligence Vendor-01/09/2026 Ready for Review-Document Uploaded. dot with legal - Seller-01/07/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description to the mortgage. - Due Diligence Vendor-01/02/2026 |
Ready for Review-Document Uploaded. dot with legal - Seller-01/07/2026 |
Resolved-Received legal description. - Due Diligence Vendor-01/09/2026 |
On time mortgage history exceeds guideline requirement - 0x30x12 in the past 37 months Months Reserves exceed minimum required - 14.63 months reserves exceed required 3 by 11.63 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 6893759 | ||
| XXXX | 10101443 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10101045 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-01-05 16:00 | 2026-01-15 12:22 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-After further review, this is an investment purchase credit qualifying and a business purpose affidavit is not required. - Due Diligence Vendor-01/15/2026 Counter-No document received. Please confirm file to be submitted to compliance. - Due Diligence Vendor-01/12/2026 Ready for Review-This loan is a consumer purpose loan on an investment property. Please clear finding. - Seller-01/09/2026 Open-The Business Purpose Affidavit Disclosure is Missing Missing the business purpose affiavit. - Due Diligence Vendor-01/06/2026 |
Ready for Review-This loan is a consumer purpose loan on an investment property. Please clear finding. - Seller-01/09/2026 |
Resolved-After further review, this is an investment purchase credit qualifying and a business purpose affidavit is not required. - Due Diligence Vendor-01/15/2026 |
Months Reserves exceed minimum required - 6 months required subject 14.09 months Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.56 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 6921821 | |||
| XXXX | 10101472 | B | B | B | B | A | A | A | A | Closed | FCRE0104 | 2026-01-06 15:08 | 2026-01-06 15:55 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Prepayment Penalty is not allowed. Originator waiver applied to non material finding with comp factors. - Due Diligence Vendor-01/06/2026 | Waived-Prepayment Penalty is not allowed. Originator waiver applied to non material finding with comp factors. - Due Diligence Vendor-01/06/2026 |
Months Reserves exceed minimum required - 3 months reserves required subject 77.99 Qualifying FICO score is at least 20 points above minimum for program - Minimum FICO score required is 720 - actual FICO score is 752. Required is 720 Borrower has 752 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | No | 6942937 | ||||
| XXXX | 10101339 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | 10101506 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-01-08 15:27 | 2026-01-27 10:39 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Borrower 1 Gap Credit Report was provided - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. please find the gap report - Seller-01/26/2026 Open-Borrower 1 Gap Credit Report is Missing The gap credit report was not identified in the file and UDM was not started for the borrower per XXXX. - Due Diligence Vendor-01/08/2026 |
Ready for Review-Document Uploaded. please find the gap report - Seller-01/26/2026 |
Resolved-Borrower 1 Gap Credit Report was provided - Due Diligence Vendor-01/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 768 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6992536 | ||
| XXXX | 10101506 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-01-06 12:45 | 2026-01-26 16:18 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Closing Detail Statement - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. FSS for review. please clear. - Seller-01/23/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Final closing statement missing. Loan is qualified as Rate/Term per tape if loan is cash out additional stipulations may apply. - Due Diligence Vendor-01/06/2026 |
Ready for Review-Document Uploaded. FSS for review. please clear. - Seller-01/23/2026 |
Resolved-Received Closing Detail Statement - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 768 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.57 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 6939062 | ||
| XXXX | 10101462 | C | B | C | B | A | A | A | A | Closed | FCRE0068 | 2026-01-09 10:48 | 2026-01-23 17:55 | Waived | 2 - Non-Material | C | B | Credit | Closing | Remaining Equity is less than $40,000 which does not meet guideline requirement | Waived-Originator provided a waiver equity of $27,000 is less than $40,000, applied to non material finding with comp factors - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. min equity excp - Seller-01/21/2026 Open-Remaining equity is less than $40,000 which does not meet guideline requirement. The remaining equity is $33,750. No exception was identified in the file. - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. min equity excp - Seller-01/21/2026 |
Waived-Originator provided a waiver equity of $27,000 is less than $40,000, applied to non material finding with comp factors - Due Diligence Vendor-01/23/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 811 |
FICO 811 14 total and 4 active tradelines Years of monthly payments XXXX 2+ years at present address No late payments This purchase is an income property. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Originator Post-Close | No | 7007292 | |
| XXXX | 10101468 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10196878 | D | B | D | A | B | B | A | A | Closed | FCRE1506 | 2026-01-21 08:39 | 2026-04-15 13:15 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-01/22/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing one month of current receipt for XXXX distribution used to qualify. - Due Diligence Vendor-01/21/2026 |
Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - LTV 47.74 max 65%. Required is 65 Borrower has 47.74 Qualifying FICO score is at least 20 points above minimum for program - qualifying score 800 min score 700. Required is 700 Borrower has 800 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7200997 | |||
| XXXX | XXXX | 10196878 | D | B | D | A | B | B | A | A | Closed | FCRE1339 | 2026-01-21 08:36 | 2026-01-22 06:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Personal Bank Statements Missing | Resolved-Method 3 was used and only requires an XXXX statement. - Due Diligence Vendor-01/22/2026 Open-Borrower 1 Personal Bank Statements Missing Missing one month of current receipt for XXXX distribution used to qualify. - Due Diligence Vendor-01/21/2026 |
Resolved-Method 3 was used and only requires an XXXX statement. - Due Diligence Vendor-01/22/2026 |
LTV is less than guideline maximum - LTV 47.74 max 65%. Required is 65 Borrower has 47.74 Qualifying FICO score is at least 20 points above minimum for program - qualifying score 800 min score 700. Required is 700 Borrower has 800 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7200937 | |||
| XXXX | XXXX | 10196878 | D | B | D | A | B | B | A | A | Closed | FCOM5135 | 2026-01-16 14:26 | 2026-01-20 07:32 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/16/2026 |
Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-01/16/2026 |
LTV is less than guideline maximum - LTV 47.74 max 65%. Required is 65 Borrower has 47.74 Qualifying FICO score is at least 20 points above minimum for program - qualifying score 800 min score 700. Required is 700 Borrower has 800 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Originator Post-Close | No | 7143396 | |||
| XXXX | 10101364 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-01-12 10:36 | 2026-01-29 07:31 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-XXXX on primary is reporting and fraud report confirms no liens on the subject. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. the primary property has the XXXX which already shows on the credit report, rated which had no balance prior to XXXX, the subject property was bought at a XXXX, with no lien on the property. please clear. - Seller-01/28/2026 Counter-Received XXXX statement and XXXX Deed. Please address original finding. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. please find docs for review and clear. - Seller-01/23/2026 Open-Housing History Does Not Meet Guideline Requirements Provide the housing history to cover the required 12 month history for the primary REO 3B. REO 3A is free and clear. - Due Diligence Vendor-01/12/2026 |
Ready for Review-Document Uploaded. the primary property has the XXXX which already shows on the credit report, rated which had no balance prior to XXXX, the subject property was bought at a XXXX, with no lien on the property. please clear. - Seller-01/28/2026 Ready for Review-Document Uploaded. please find docs for review and clear. - Seller-01/23/2026 |
Resolved-XXXX on primary is reporting and fraud report confirms no liens on the subject. - Due Diligence Vendor-01/29/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 69.99 Required is 75 Borrower has 69.99 Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 767 is higher than the required 620 Required is 620 Borrower has 767 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7041328 | ||
| XXXX | 10101364 | C | A | C | A | A | A | A | A | Closed | FCRE0104 | 2026-01-12 14:36 | 2026-01-27 15:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Prepayment Penalty is not allowed | Resolved-Upon further review, the loan file contained all required prepay documentation. - Due Diligence Vendor-01/27/2026 Ready for Review-Document Uploaded. PPP was allowed with price hit, please find pricing table and clear. - Seller-01/23/2026 Open-Prepayment Penalty is not allowed. XXXX lender prohibits prepayment penalties entirely (regardless of loan amount) for business reasons. - Due Diligence Vendor-01/12/2026 |
Ready for Review-Document Uploaded. PPP was allowed with price hit, please find pricing table and clear. - Seller-01/23/2026 |
Resolved-Upon further review, the loan file contained all required prepay documentation. - Due Diligence Vendor-01/27/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 69.99 Required is 75 Borrower has 69.99 Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 767 is higher than the required 620 Required is 620 Borrower has 767 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7048141 | ||
| XXXX | 10101482 | D | A | D | A | A | A | A | A | Closed | FCRE0970 | 2026-01-13 13:00 | 2026-01-29 07:21 | Resolved | 1 - Information | C | A | Credit | Eligibility | Appraisal has issues (credit) | Resolved-Revised appraisal received with comments on why the value was adjusted. - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. The original CDA did not return a value, so the appraiser adjusted the value and the commentary, which we then re submitted to the desk reviewer, no addendum is required, per guides, attached is the appraisal and DVR which all match, please clear - Seller-01/28/2026 Open-Value was reduced from XXXX. An addendum from the appraiser addressing this is required. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. The original CDA did not return a value, so the appraiser adjusted the value and the commentary, which we then re submitted to the desk reviewer, no addendum is required, per guides, attached is the appraisal and DVR which all match, please clear - Seller-01/28/2026 |
Resolved-Revised appraisal received with comments on why the value was adjusted. - Due Diligence Vendor-01/29/2026 |
Months Reserves exceed minimum required - 3 months required, subject 86 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 704 Required is 680 Borrower has 704 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7069101 | ||
| XXXX | 10101482 | D | A | D | A | A | A | A | A | Closed | FCRE2052 | 2026-01-13 20:51 | 2026-01-27 14:56 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing Tax Cert | Resolved-Received property tax cert. - Due Diligence Vendor-01/27/2026 Ready for Review-tax docs - Seller-01/23/2026 Open-Provide confirmation of property taxes, payment letter/settlement statement do not match initial escrow account disclosure - Due Diligence Vendor-01/14/2026 |
Ready for Review-tax docs - Seller-01/23/2026 |
Resolved-Received property tax cert. - Due Diligence Vendor-01/27/2026 |
Months Reserves exceed minimum required - 3 months required, subject 86 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 704 Required is 680 Borrower has 704 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7077416 | ||
| XXXX | 10101131 | C | B | C | B | A | A | A | A | Closed | FCRE1194 | 2026-01-14 13:17 | 2026-01-29 09:18 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Client provided an exception for LTV. Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. LTV exception was granted, please clear finding. - Seller-01/26/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 70%. The transaction is a R/T refinance with XXXX in Gift funds. No other funds were used for the transaction with the borrower getting $272.54 in cash out. Per the applicable guidelines pg 124 When gift funds are used If the borrower does not have the minimum 5% funds to close, a 10% reduction to the LTV will be required. This caps the LTV at 70%. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. LTV exception was granted, please clear finding. - Seller-01/26/2026 |
Waived-Client provided an exception for LTV. Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-01/29/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 798 Months Reserves exceed minimum required - 3 months required, subject 7.66 months. |
760 fico 5.41 yrs at address 0x 30 x 60 mos |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Originator Post-Close | Yes | 7091037 | |
| XXXX | 10101131 | C | B | C | B | A | A | A | A | Closed | FCRE1510 | 2026-01-14 11:48 | 2026-01-22 10:41 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. DOT with legal description provided. Please clear finding. - Seller-01/20/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Legal description was not attached to the mortgage documentation. - Due Diligence Vendor-01/14/2026 |
Ready for Review-Document Uploaded. DOT with legal description provided. Please clear finding. - Seller-01/20/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 798 Months Reserves exceed minimum required - 3 months required, subject 7.66 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7088347 | ||
| XXXX | 10101513 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-09 09:10 | 2026-02-27 13:22 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received DOT w/Legal. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. DOT with legal description provided, please clear finding. - Seller-01/21/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal - Due Diligence Vendor-01/09/2026 |
Ready for Review-Document Uploaded. DOT with legal description provided, please clear finding. - Seller-01/21/2026 |
Resolved-Received DOT w/Legal. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 802 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7003034 | ||
| XXXX | 10101513 | C | A | C | A | A | A | A | A | Closed | FCRE7011 | 2026-01-15 12:51 | 2026-01-22 18:25 | Resolved | 1 - Information | C | A | Credit | Insurance | Rent Loss Coverage is Insufficient or Missing | Resolved-Received Rent loss coverage. - Due Diligence Vendor-01/22/2026 Ready for Review-Document Uploaded. HOI with coverage shown on page 5 provided. Please clear finding. - Seller-01/21/2026 Open-Rent Loss Coverage is Insufficient or Missing. The policy provided is a homeowners policy and does not have Rent Loss coverage which is required. pg 332. - Due Diligence Vendor-01/15/2026 |
Ready for Review-Document Uploaded. HOI with coverage shown on page 5 provided. Please clear finding. - Seller-01/21/2026 |
Resolved-Received Rent loss coverage. - Due Diligence Vendor-01/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 802 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.33 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7115519 | ||
| XXXX | 10101275 | C | A | C | A | A | A | A | A | Closed | FCRE0082 | 2026-01-16 10:59 | 2026-02-03 10:53 | Resolved | 1 - Information | C | A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Operating agreement provided confirming ownership. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. please find the LLC docs. - Seller-02/02/2026 Open-Vested Owner Signature Requirement Not met. The borrower signed the loan as an individual. The title shows the property was originally held in an LLC (XXXX) No documentation of the LLC was identified in the file. Documentation is required to show the borrower had ownership interest in the property. Additional stipulations may apply. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. please find the LLC docs. - Seller-02/02/2026 |
Resolved-Operating agreement provided confirming ownership. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7138302 | ||
| XXXX | 10101275 | C | A | C | A | A | A | A | A | Closed | FCRE0183 | 2026-01-16 11:29 | 2026-02-02 08:46 | Resolved | 1 - Information | C | A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-Upon further review, the loan file contained all required title documentation - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. this is not a guideline requirement please clear. - Seller-01/28/2026 Open-The spousal consent to pledge form was not identified in the file. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. this is not a guideline requirement please clear. - Seller-01/28/2026 |
Resolved-Upon further review, the loan file contained all required title documentation - Due Diligence Vendor-02/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7139947 | ||
| XXXX | 10101275 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-16 10:38 | 2026-02-02 08:45 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. please find the recorded dot and clar. - Seller-01/28/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. The legal description was not attached to the mortgage - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. please find the recorded dot and clar. - Seller-01/28/2026 |
Resolved-Received complete security instrument inclusive of legal description. - Due Diligence Vendor-02/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7137794 | ||
| XXXX | 10101336 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-12 13:52 | 2026-02-03 10:57 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Legal description provided. - Due Diligence Vendor-02/03/2026 Ready for Review-Document Uploaded. please find the dot - Seller-01/29/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing attached legal description - Due Diligence Vendor-01/12/2026 |
Ready for Review-Document Uploaded. please find the dot - Seller-01/29/2026 |
Resolved-Legal description provided. - Due Diligence Vendor-02/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7047187 | ||
| XXXX | 10101336 | C | A | C | A | A | A | A | A | Closed | FCRE0082 | 2026-01-16 13:11 | 2026-02-03 10:56 | Resolved | 1 - Information | C | A | Credit | Title | Vested Owner Signature Requirement Not met | Resolved-Client provided LLC for XXXX - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. please find the LLC for review. - Seller-02/02/2026 Open-Vested Owner Signature Requirement Not met. The borrower signed the loan as an individual. The title shows the property was originally held in an LLC (XXXX) No documentation of the LLC was identified in the file. Documentation is required to show the borrower had ownership interest in the property. Additional stipulations may apply. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. please find the LLC for review. - Seller-02/02/2026 |
Resolved-Client provided LLC for XXXX - Due Diligence Vendor-02/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7142055 | ||
| XXXX | 10101336 | C | A | C | A | A | A | A | A | Closed | FCRE0181 | 2026-01-16 13:39 | 2026-02-02 14:22 | Resolved | 1 - Information | C | A | Credit | Eligibility | Missing Spousal Consent to Pledge Form is missing | Resolved-Per Notes, Spousal Consent form is not required in the XXXX GL - Due Diligence Vendor-02/02/2026 Ready for Review-Document Uploaded. spousal pledge is not needed and not required please clear. - Seller-01/29/2026 Open-The spousal consent to pledge was not identified in the file. - Due Diligence Vendor-01/16/2026 |
Ready for Review-Document Uploaded. spousal pledge is not needed and not required please clear. - Seller-01/29/2026 |
Resolved-Per Notes, Spousal Consent form is not required in the XXXX GL - Due Diligence Vendor-02/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 729 Required is 620 Borrower has 729 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7142482 | ||
| XXXX | XXXX | 10026822 | C | B | C | B | A | A | C | A | Closed | FCRE0190 | 2026-02-05 14:48 | 2026-02-06 12:43 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | 1004D is expired or dated after Note date | Waived-Client exception granted to allow 1004D was provided post closing with no change in value. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-02/06/2026 Open-*New* 1004D is dated after Note date. - Due Diligence Vendor-02/05/2026 |
Waived-Client exception granted to allow 1004D was provided post closing with no change in value. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-02/06/2026 |
On time mortgage history exceeds guideline requirement - Min 1x30x12, actual 0x30x23 Long term residence - Long term residence of 5 years |
DSCR over 1 (1.04) REO experienceXXXX good credit history (0 lates in 23 months) Revolving credit usage under 50% (41%) |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7474946 | ||
| XXXX | XXXX | 10026822 | C | B | C | B | A | A | C | A | Closed | FPRO1136 | 2026-01-13 18:13 | 2026-02-05 14:48 | Resolved | 1 - Information | C | A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Received Recert of value. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. updated appraisal - Buyer-02/03/2026 Open-The appraisal is XXXX days old at the time of closing and a 1004D was not provided. - Due Diligence Vendor-01/13/2026 |
Resolved-Received Recert of value. - Due Diligence Vendor-02/05/2026 |
On time mortgage history exceeds guideline requirement - Min 1x30x12, actual 0x30x23 Long term residence - Long term residence of 5 years |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7075529 | ||
| XXXX | 10101287 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | |||||||||||||||||||
| XXXX | 10101438 | C | A | C | A | A | A | A | A | Closed | FCRE1510 | 2026-01-12 14:27 | 2026-06-02 09:45 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Recorded mortgage with legal received - Due Diligence Vendor-02/10/2026 Ready for Review-this is the recorded doc, please clear. - Seller-02/09/2026 Ready for Review-Document Uploaded. dot please clear - Seller-02/03/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. -----Missing Legal - Due Diligence Vendor-01/12/2026 |
Ready for Review-this is the recorded doc, please clear. - Seller-02/09/2026 Ready for Review-Document Uploaded. dot please clear - Seller-02/03/2026 |
Resolved-Recorded mortgage with legal received - Due Diligence Vendor-02/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 642 Required is 620 Borrower has 642 Months Reserves exceed minimum required - Reserves = 49 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7047949 | ||
| XXXX | 10101438 | C | A | C | A | A | A | A | A | Closed | FCRE1254 | 2026-01-20 07:02 | 2026-02-11 16:14 | Resolved | 1 - Information | C | A | Credit | Title | Property Title Issue | Resolved-Email from title confirms state tax lien satisfied. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. state tax lien matching the paid off lien plus the emails from escrow. - Seller-02/11/2026 Counter-Received email from Title - confirmed payment of Federal Tax lien only - which is already in file. Still missing verification the State Tax Lien Satisfaction received was State Tax Lien on Title. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. please find confirmation from closing attorney. - Seller-02/10/2026 Counter-Client provided a State Tax Lien has been satisfied however there is nothing to match it to on the Title. Provide either an amount or document # to match up to the lien appearing on title - Due Diligence Vendor-02/06/2026 Ready for Review-Document Uploaded. state tax lien satisfied - Seller-02/03/2026 Open-Property Title Issue The title shows state tax liens and federal tax liens. pg 114. items 10 and 11. The settlement statement page 529 shows only the federal tax lien was paid. No payment for the state tax lien was identified on the statement. No payment of the tax lien outside of the transaction was identified in the file. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. state tax lien matching the paid off lien plus the emails from escrow. - Seller-02/11/2026 Ready for Review-Document Uploaded. please find confirmation from closing attorney. - Seller-02/10/2026 Ready for Review-Document Uploaded. state tax lien satisfied - Seller-02/03/2026 |
Resolved-Email from title confirms state tax lien satisfied. - Due Diligence Vendor-02/11/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 620 Borrower has 642 Required is 620 Borrower has 642 Months Reserves exceed minimum required - Reserves = 49 months – Required Reserves = 3 Months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7175192 | ||
| XXXX | 10101481 | D | A | D | A | A | A | A | A | Closed | FCOM1351 | 2026-01-20 09:44 | 2026-01-26 14:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Guaranty Agreement Missing | Resolved-Received Guaranty Agreement - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Copy of the executed personal guaranty provided. Please clear finding. - Seller-01/22/2026 Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. Guaranty Agreement is missing from file. Additional conditions may apply - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Copy of the executed personal guaranty provided. Please clear finding. - Seller-01/22/2026 |
Resolved-Received Guaranty Agreement - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 772 is higher than the required 680 Required is 680 Borrower has 772 LTV is less than guideline maximum - LTV 75% is lower than maximum 80% Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7178216 | ||
| XXXX | 10101481 | D | A | D | A | A | A | A | A | Closed | FCRE1510 | 2026-01-20 07:18 | 2026-01-26 14:47 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/26/2026 Ready for Review-Document Uploaded. Mortgage with legal description provided. Please clear finding. - Seller-01/22/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Mortgage with legal description provided. Please clear finding. - Seller-01/22/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-01/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Mid FICO 772 is higher than the required 680 Required is 680 Borrower has 772 LTV is less than guideline maximum - LTV 75% is lower than maximum 80% Required is 80 Borrower has 75 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7175369 | ||
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE0183 | 2026-01-20 15:50 | 2026-03-20 10:36 | Resolved | 1 - Information | C | A | Credit | Eligibility | Required Spousal Consent to Pledge form is missing | Resolved-Client provided spousal consent document from title - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/18/2026 Counter-Subject property is located in XXXX. Title should provide required spousal consent pledge or state documentation to meet 6.14 of guidelines. - Due Diligence Vendor-01/23/2026 Ready for Review-Please review and advise if this is a valid condition - Seller-01/22/2026 Open-The required spousal consent to pledge form is missing. Spousal consent pledge form is missing. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/18/2026 Ready for Review-Please review and advise if this is a valid condition - Seller-01/22/2026 |
Resolved-Client provided spousal consent document from title - Due Diligence Vendor-03/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7187640 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE1325 | 2026-02-25 16:36 | 2026-03-16 09:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-CPA license verification provided. - Due Diligence Vendor-03/16/2026 Ready for Review-Document Uploaded. This document was accepted to clear same condition on other loans in pack - Seller-03/13/2026 Open-Borrower 1 CPA Letter Missing Missing License information for CPA letter - Due Diligence Vendor-02/25/2026 |
Ready for Review-Document Uploaded. This document was accepted to clear same condition on other loans in pack - Seller-03/13/2026 |
Resolved-CPA license verification provided. - Due Diligence Vendor-03/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7810692 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE1241 | 2026-01-20 14:33 | 2026-03-16 09:35 | Waived | 2 - Non-Material | D | B | Credit | Missing Doc | Purchase Contract is Missing | Waived-Client exception granted to allow assignment of contract to another buyer. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/16/2026 Ready for Review-Document Uploaded. Exception request and approval - Buyer-03/13/2026 Counter-Assignment to another buyer is an ineligible Transaction per 3.7 of the Guidelines. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Attached was page 16 of the purchase contract upload. - Buyer-02/03/2026 Counter-Received purchase contract reflecting assignment of contract to another buyer. Ineligible transactions per guideline 3.7 - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/22/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. We are missing fully executed and complete sales contract for subject. Need to confirm sales price, EMD given and seller concessions. - Due Diligence Vendor-01/20/2026 |
Waived-Client exception granted to allow assignment of contract to another buyer. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
Required is 680 Borrower has 731 LTV is 75% and max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7185929 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE0113 | 2026-01-21 09:41 | 2026-02-11 15:25 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property/Appraisal General (Credit) | Resolved-Received DOT re-recorded with verbiage stating that the PUD Rider is removed. - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. DOT re-recorded with verbiage stating that the PUD Rider is removed. - Seller-02/10/2026 Open-DOT and title shows subject is a PUD however appraisal does not indicate a PUD. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. DOT re-recorded with verbiage stating that the PUD Rider is removed. - Seller-02/10/2026 |
Resolved-Received DOT re-recorded with verbiage stating that the PUD Rider is removed. - Due Diligence Vendor-02/11/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7202516 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-01-20 15:39 | 2026-02-11 15:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-02/11/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/10/2026 Counter-Received CD's for 3d and 3g. Please provide the payment history for 3c (XXXX) - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/03/2026 Counter-Received partial 1003s and 1008. If newly acquired properties provide final CDs to confirm. Missing most recent 12 month payment history REO 3c, 3d and 3g. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/22/2026 Open-Housing History Does Not Meet Guideline Requirements Missing most recent 12 month payment history REO 3c, 3d and 3g. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-02/10/2026 |
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-02/11/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7187353 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE5782 | 2026-01-20 15:39 | 2026-02-11 15:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Gap Report. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Fraud shows that monitoring is in progress for credit. - Seller-02/03/2026 Open-Borrower 1 Gap Credit Report is Missing Need gap credit report that is within 10 days of closing date. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Fraud shows that monitoring is in progress for credit. - Seller-02/03/2026 |
Resolved-Received Gap Report. - Due Diligence Vendor-02/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7187354 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE0044 | 2026-01-20 15:50 | 2026-02-09 11:08 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received credit inquiry LOE. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/22/2026 Open-LOX for credit inquiries is missing. Need inquiry letter for all inquiries listed on credit report - doc signed in file has not been completed as to whether or not new debt was opened except for the XXXX inquiry. - Due Diligence Vendor-01/20/2026 |
Resolved-Received credit inquiry LOE. - Due Diligence Vendor-01/23/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7187639 | ||
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-01-20 15:48 | 2026-02-05 13:54 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received tax preparer letter. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 Counter-Received LOE. LOE does not reflect business name, asset account. Review is unable to locate cash flow analysis confirming no negative impact for use of business funds meeting 5.4 of guidelines. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-01/23/2026 Open-Asset Qualification Does Not Meet Guideline Requirements XXXX-Missing letter (signed/dated) from other 50% owner of XXXX to indicate that borrower has use/access to all funds in business account for cash to close/reserves. - Due Diligence Vendor-01/20/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 |
Resolved-Received tax preparer letter. - Due Diligence Vendor-02/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7187603 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE0200 | 2026-01-21 09:30 | 2026-02-05 13:34 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received documentation to support XXXX belongs to 3h. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 Counter-Received UW narrative. Missing supporting documentation confirm which property XXXX is associated with. Finding remains. - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. XXXX is included on the 1065. - Buyer-01/22/2026 Open-Missing verification for what property is associated with XXXX on credit report (this loan is not showing on 1003 in REO section). This may need to be added to the DTI. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/03/2026 |
Resolved-Received documentation to support XXXX belongs to 3h. - Due Diligence Vendor-02/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7202260 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-01-21 09:30 | 2026-02-05 13:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received CD's. - Due Diligence Vendor-02/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-02/03/2026 Counter-After further review- provide final CD's for newly acquired properties, additional conditions may apply - Due Diligence Vendor-01/29/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-01/28/2026 Counter-Received partial 1003s. Provide validation of PITIA for 3c,3d and 3g - Due Diligence Vendor-01/23/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-01/22/2026 Open-Missing proof of PITI for REO 3c, 3d and 3g. - Due Diligence Vendor-01/21/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-01/28/2026 |
Resolved-Received CD's. - Due Diligence Vendor-02/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7202274 | |
| XXXX | XXXX | 10066023 | D | B | D | B | A | A | A | A | Closed | FCRE1728 | 2026-01-21 09:29 | 2026-01-21 11:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing rent comparable schedule form 1007 | Resolved-After further review, full loss counted 1007 not required. - Due Diligence Vendor-01/21/2026 Open-Missing for REO 3g to calculate rental loss - Due Diligence Vendor-01/21/2026 |
Resolved-After further review, full loss counted 1007 not required. - Due Diligence Vendor-01/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 731 FICO is 731 - Min FIOC 680 - 51 Pts above LTV is less than guideline maximum - Required is 80 Borrower has 75 LTV is 75% - Max is 80% |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7202247 | |||
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCRE1437 | 2026-01-26 13:26 | 2026-04-06 10:13 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Utilizing a 50% expense factor and excluding an auto loan, the DTI is within guidelines. - Due Diligence Vendor-04/06/2026 Counter-PTIN and ASFP tax preparers that work for a 3rd party firm may be permitted. Please provide proof the PTIN works for ta 3rd party firm. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/19/2026 Counter-Source of large deposits provided. However, loan still requires proof the PTIN works for ta 3rd party firm. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/25/2026 Counter-Tax preparer letter provided, please provide the tax preparer verification. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/05/2026 Open-Income and Employment Do Not Meet Guidelines Provide CPA letter or acceptable equivalent to verify the expense factor is 20% All deposits to the business account over $5855 need to be sourced and verified as income. Verify deposits from XXXX. Subject to additional conditions. - Due Diligence Vendor-01/26/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/19/2026 |
Resolved-Utilizing a 50% expense factor and excluding an auto loan, the DTI is within guidelines. - Due Diligence Vendor-04/06/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7300306 | |
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCRE0970 | 2026-01-27 11:05 | 2026-02-26 13:24 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Client provided a waiver for non-XXXX appraisal, applied to non material finding with comp factors - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-02/25/2026 Counter-Please provide a client approved exception. - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/05/2026 Open-Appraisal completed No XXXX. Sellers who do not use XXXX, and have not been approved for their independent panel, must submit for exception. No exception in loan file. - Due Diligence Vendor-01/27/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-02/25/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/05/2026 |
Waived-Client provided a waiver for non-XXXX appraisal, applied to non material finding with comp factors - Due Diligence Vendor-02/26/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
FICO: 740 Reserves: 56 months reserves>3 months required |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | Investor Post-Close | No | 7312843 |
| XXXX | XXXX | 10104475 | D | B | C | B | D | A | A | A | Closed | FCOM1280 | 2026-01-23 09:45 | 2026-02-09 07:42 | Resolved | 1 - Information | D | A | Compliance | Missing Doc | Collateral Protection Notice is Missing | Resolved-Received Collateral Protection Notice. Finding Resolved - Due Diligence Vendor-02/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/05/2026 Open-Collateral Protection Notice is Missing Missing Hazard Insurance Authorization and Requirements disclosure - Due Diligence Vendor-01/23/2026 |
Resolved-Received Collateral Protection Notice. Finding Resolved - Due Diligence Vendor-02/09/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 50 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 740 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7268443 | ||
| XXXX | 10110787 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | |||||||||||||||||||
| XXXX | XXXX | 10146802 | D | B | D | B | A | A | A | A | Closed | FCRE1241 | 2026-02-17 09:12 | 2026-03-04 15:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Purchase Contract is Missing | Resolved-Received Purchase Contract. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. COS - Buyer-03/02/2026 Open-Loan Purpose is Purchase but Purchase Contract is Missing. Missing Purchase Contract. - Due Diligence Vendor-02/17/2026 |
Resolved-Received Purchase Contract. - Due Diligence Vendor-03/04/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.87 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 780 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7651347 | ||
| XXXX | XXXX | 10146802 | D | B | D | B | A | A | A | A | Closed | FCRE0043 | 2026-02-17 09:34 | 2026-03-04 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-Received DSCR Calculation - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. dscr calc - Buyer-03/02/2026 Open-The DSCR Calculation from lender is Missing. No DSCR Calc provided. - Due Diligence Vendor-02/17/2026 |
Resolved-Received DSCR Calculation - Due Diligence Vendor-03/04/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.87 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 780 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7651987 | ||
| XXXX | XXXX | 10146802 | D | B | D | B | A | A | A | A | Closed | FCRE8702 | 2026-03-02 14:26 | 2026-03-04 15:17 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Incomplete | Resolved-Received the Business Entity Formation Document - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. EIN - Seller-03/02/2026 Open-The Business Entity Formation Document is incomplete Missing EIN, entity is not a sole proprietorship - Due Diligence Vendor-03/02/2026 |
Ready for Review-Document Uploaded. EIN - Seller-03/02/2026 |
Resolved-Received the Business Entity Formation Document - Due Diligence Vendor-03/04/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.87 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 780 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7878829 | |
| XXXX | XXXX | 10146802 | D | B | D | B | A | A | A | A | Closed | FCRE0094 | 2026-03-02 14:26 | 2026-03-02 15:28 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | State Specific business purpose loan signed as individual | Waived-Client waiver applied to non material finding - Due Diligence Vendor-03/02/2026 Open-PPP in XXXX as BP signed as individual is not allowed. Prepayment not allowed on XXXX LLC. Loan has 3 year Prepayment Penalty. - Due Diligence Vendor-03/02/2026 |
Waived-Client waiver applied to non material finding - Due Diligence Vendor-03/02/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 6.87 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 780 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7878830 | |||
| XXXX | XXXX | 10110692 | D | B | D | B | A | A | A | A | Closed | FCRE0104 | 2026-06-02 08:20 | 2026-06-02 08:21 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Prepayment Penalty is not allowed | Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-06/02/2026 Open-Per XXXX. - Due Diligence Vendor-06/02/2026 |
Waived-Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-06/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 752 On time mortgage history exceeds guideline requirement - Borrower has 0x30x33 months, guides allow a maximum of 1x30x12 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 9500457 | |||
| XXXX | XXXX | 10110692 | D | B | D | B | A | A | A | A | Closed | FCRE1198 | 2026-02-20 18:18 | 2026-03-04 16:30 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received clarification and documentation. Audited Reserves of 32.84 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. attached you will find the document referenced as attached in the email uploaded - Seller-03/03/2026 Counter-Please provide a copy of the attachment referenced in the email. - Due Diligence Vendor-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/02/2026 Counter-Title to provide confirmation they have been holding XXXX for closing subject property - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/25/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) The loan file is missing bank statements to verify funds for reserves. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. attached you will find the document referenced as attached in the email uploaded - Seller-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/25/2026 |
Resolved-Received clarification and documentation. Audited Reserves of 32.84 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 752 On time mortgage history exceeds guideline requirement - Borrower has 0x30x33 months, guides allow a maximum of 1x30x12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7732133 | |
| XXXX | XXXX | 10110692 | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-02-20 18:08 | 2026-03-04 16:29 | Resolved | 1 - Information | C | A | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Resolved-Received clarification and documentation. - Due Diligence Vendor-03/04/2026 Ready for Review-Document Uploaded. attached you will find the document referenced as attached in the email uploaded - Seller-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/02/2026 Counter-Provide LOE from title confirming they are holding XXXX for subject property closing. Also, it appears money may be held in a 1031 tax exchange, if so provide documentation for the funds - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/24/2026 Open-Asset Qualification Does Not Meet Guideline Requirements The loan file is missing bank statements for funds to close and the required reserves. In addition, the loan application states: held funds by title $92,000. However, the loan file is missing documentation for the $92,000. - Due Diligence Vendor-02/20/2026 |
Ready for Review-Document Uploaded. attached you will find the document referenced as attached in the email uploaded - Seller-03/03/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-02/24/2026 |
Resolved-Received clarification and documentation. - Due Diligence Vendor-03/04/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 752 On time mortgage history exceeds guideline requirement - Borrower has 0x30x33 months, guides allow a maximum of 1x30x12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7732083 | |
| XXXX | XXXX | 10110692 | D | B | D | B | A | A | A | A | Closed | FCRE8887 | 2026-02-21 08:49 | 2026-02-26 14:25 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Upon further review, housing history for DSCR is limited to Subject and Primary if applicable - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/24/2026 Open-Loan application does not contain all REO properties owned. DSCR loans, the application should otherwise be fully completed including the Schedule of Real Estate Owned listing all properties owned and reflective of any associated mortgages (including private mortgages). Subject to additional conditions. - Due Diligence Vendor-02/21/2026 |
Resolved-Upon further review, housing history for DSCR is limited to Subject and Primary if applicable - Due Diligence Vendor-02/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 752 On time mortgage history exceeds guideline requirement - Borrower has 0x30x33 months, guides allow a maximum of 1x30x12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7738218 | ||
| XXXX | XXXX | 10156811 | D | A | D | A | A | A | A | A | Closed | FCOM1352 | 2026-02-24 15:35 | 2026-02-26 16:50 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received Borrower Certification of Business Purpose. - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/25/2026 Open-Provide Business Purpose Affidavit/Disclosure, required per guidelines - Due Diligence Vendor-02/24/2026 |
Resolved-Received Borrower Certification of Business Purpose. - Due Diligence Vendor-02/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 774 Required is 700 Borrower has 774 Months Reserves exceed minimum required - 174 Months Reserves exceed 12 month minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7785311 | ||
| XXXX | XXXX | 10156811 | D | A | D | A | A | A | A | A | Closed | FCRE3653 | 2026-02-19 19:47 | 2026-02-26 16:49 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing letter of explanation | Resolved-Upon further review, LOE for non-subject property is not required on the DSCR program. - Due Diligence Vendor-02/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-02/26/2026 Open-Verify what property additional mortgage on credit report is tied to. Only one property was listed on the application. - Due Diligence Vendor-02/23/2026 |
Resolved-Upon further review, LOE for non-subject property is not required on the DSCR program. - Due Diligence Vendor-02/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 774 Required is 700 Borrower has 774 Months Reserves exceed minimum required - 174 Months Reserves exceed 12 month minimum required |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7711145 | ||
| XXXX | XXXX | 10156817 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-02-24 07:38 | 2026-03-05 07:59 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided HOI and snip it from Fraud report that shows property XXXX - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/03/2026 Open-Housing History Does Not Meet Guideline Requirements Need Property Report which includes lien report for primary/current home showing this property is owned free & clear. - Due Diligence Vendor-02/24/2026 |
Resolved-Client provided HOI and snip it from Fraud report that shows property F&C - Due Diligence Vendor-03/05/2026 |
Months Reserves exceed minimum required - Min 3, actual 7.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 749 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7775708 | ||
| XXXX | XXXX | 10156817 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-02-24 16:31 | 2026-03-05 07:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Client provided documentation that the outlets are in place for the stove - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/03/2026 Open-Property Issues are identified for the property The subject has no stove. The appraiser did not indicate that there was a hookup for the stove. Subject to additional conditions. - Due Diligence Vendor-02/24/2026 |
Resolved-Client provided documentation that the outlets are in place for the stove - Due Diligence Vendor-03/05/2026 |
Months Reserves exceed minimum required - Min 3, actual 7.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 749 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7786699 | ||
| XXXX | XXXX | 10156816 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10179744 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10104471 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10200435 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | finding-3625 | 2026-03-01 15:01 | 2026-04-01 12:10 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test | Resolved-PCCD provided with corrected fees, finding resolved. - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. PCCD attached all fees moved to A sec, &Iniaital CD signed by all parties (title only too) Final condiitons to clear file for funding Please escalate thanks so much - Buyer-03/31/2026 Counter-Fees paid to lender or affiliate have not been moved to section A, or changed to be paid to other. Finding remains. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/27/2026 Counter-Lender paid fees must be moved to section A. Finding remains. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. HI, I moved the fee to lender paid instead of just issuing the refund. If this way is not acceptable , can you be more specific on how this could be rectified? Thank you! XXXX Counter-----Document Prep Fee is paid to affiliate of the Lender, Technology Fee is paid to the lender. These fees should not be in section B, as all fees paid to Lender/Broker should be in section A. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. The fee has been moved to Lender can this loan be clearedwith the PCCD? Thank you so much - Buyer-03/09/2026 Counter----Received PCCD XXXX. Still has affiliate of Lender being paid in Section B of CD. Finding Remains. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/04/2026 Open-This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker. -----(Technology Fee) in section B is payable to Lender/Broker however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state FBO (for the benefit of) to said Vendor. Provide a post close CD with correction within 60 days of discovery date. Statute of Limitations - 1 year, expiration dateXXXX. - Due Diligence Vendor-03/01/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/27/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/04/2026 |
Resolved-PCCD provided with corrected fees, finding resolved. - Due Diligence Vendor-04/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7859762 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCOM9998 | 2026-03-02 11:27 | 2026-04-01 11:42 | Resolved | 1 - Information | C | A | Compliance | TRID | Closing Disclosure Issue | Resolved-Received Cd with all borrowers signature. Finding resolved. - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. PCCD attached all fees moved to A sec, &Iniaital CD signed by all parties (title only too) Final condiitons to clear file for funding Please escalate thanks so much - Buyer-03/31/2026 Counter-3 other people signed mortgage, not just the spouse. Need signatures on initial CD. Finding Remains. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/26/2026 Counter-Evidence of all borrowers receiving Initial CD 3 days prior to consummation for timing and recission purposes, finding remains. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Hello good day! I have attached 2 cds all Bs signed the final as per the closer thats all they needed to sign. Could this be escalsted and cleared? Thanks so much XXXX No they do not sign the initial cd, they only sign at closing. XXXX Open-Initial CD is only signed by borrower. It is required to be singed by the non-borrower's as well. Please provide a copy of the initial CD signed by all involved. - Due Diligence Vendor-03/02/2026 |
Ready for Review-Document Uploaded. Hello good day! I have attached 2 cds all Bs signed the final as per the closer thats all they needed to sign. Could this be escalsted and cleared? Thanks so much XXXX No they do not sign the initial cd, they only sign at closing. XXXX |
Resolved-Received Cd with all borrowers signature. Finding resolved. - Due Diligence Vendor-04/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7874214 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCRE5790 | 2026-03-03 19:11 | 2026-03-05 14:55 | Resolved | 1 - Information | C | A | Credit | Closing | Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date) | Resolved-Received Undisclosed Debt Report with no new inquiries. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. UDN attached XXXX to cover Credit Gap - Seller-03/04/2026 Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). Missing a credit refresh/gap report or evidence of credit monitoring within 10 days of the note date. - Due Diligence Vendor-03/04/2026 |
Ready for Review-Document Uploaded. UDN attached XXXX to cover Credit Gap - Seller-03/04/2026 |
Resolved-Received Undisclosed Debt Report with no new inquiries. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7909380 | |
| XXXX | XXXX | 10146804 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2026-03-01 13:57 | 2026-03-05 14:54 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-03/05/2026 Ready for Review-Document Uploaded. Please see attached cost to cure PCCD and notify if this is accepable to procced with refund to borrower thank you XXXX and exhibit A attached - Buyer-03/04/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing Exhibit A; Legal - Due Diligence Vendor-03/01/2026 |
Resolved-Received Deed of Trust with Legal Description. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 746 LTV is less than guideline maximum - Required is 70 Borrower has 28.2 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 7859357 | ||
| XXXX | XXXX | 10162208 | C | B | C | B | A | A | A | A | Closed | FCRE1479 | 2026-03-05 09:29 | 2026-03-10 13:21 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Waived-Client exception granted to allow Permit retirement assets not dated within 30 days of NOTE date. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/10/2026 Ready for Review-Document Uploaded. Exception request and approval - Buyer-03/10/2026 Open-Asset Record 1 Does Not Meet G/L Requirements Per guides, account statements should be updated with a transaction history dated within 30 days of note date due to market volatility. YTD statement for XXXX in file through XXXX. Lender to provide an updated statement/transaction history within 30 days of Note date (XXXX). - Due Diligence Vendor-03/05/2026 |
Waived-Client exception granted to allow Permit retirement assets not dated within 30 days of NOTE date. Non-material waiver applied to finding with compensating factors. - Due Diligence Vendor-03/10/2026 |
DSCR % greater than 1.20 - Minimum DSCR required is 1, Borrower has 1.382 Months Reserves exceed minimum required - 3 months required, Borrower has 96 months. Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 795 Required is 700 Borrower has 795 |
FICO score 95 points above min. Reserves 93 months over min. 3 months required DSCR .32 over min. 0x30 for at elast 36 months |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7942173 | |
| XXXX | XXXX | 10162194 | B | B | B | B | A | A | A | A | Closed | FCRE0969 | 2026-03-04 09:05 | 2026-03-05 15:36 | Waived | 2 - Non-Material | B | B | Credit | Closing | Prepayment Penalty Issue | Waived-Per XXXX Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/05/2026 Open-A PPP cannot be applied to an individual or LLC in XXXX, only on a C-Corp or S-Corp. - Due Diligence Vendor-03/04/2026 |
Waived-Per XXXX. Waiver applied to non-material finding. Loan closed in entity name. - Due Diligence Vendor-03/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 763 Required is 700 Borrower has 763 LTV is less than guideline maximum - Required is 80 Borrower has 75 Required is 80 Borrower has 75 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 7916863 | |||
| XXXX | XXXX | 10179756 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | ||||||||||||||||||
| XXXX | XXXX | 10179763 | C | A | C | A | A | A | A | A | Closed | FCRE0134 | 2026-03-04 11:06 | 2026-03-09 15:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Issue with First Payment Letter | Resolved-Received 1st payment letter and closing documents with the correct tax amount. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Please see attached the docs with the correct tax amount. - Buyer-03/06/2026 Open-There is an issue with First Payment Letter. First payment letter tax amount does not match the final CD figure. CD is using taxes from title, while the first payment letter is using tax cert from the settlement agent. Verification of taxes is required as the higher tax amount will put DSCR < 1 and program LTV will have been exceeded. - Due Diligence Vendor-03/04/2026 |
Resolved-Received 1st payment letter and closing documents with the correct tax amount. - Due Diligence Vendor-03/09/2026 |
Months Reserves exceed minimum required - 3 months required, borrower has 72 months On time mortgage history exceeds guideline requirement - Borrower has 0x30x12 months mortgage history documented in file, guides allow up to 1x30x12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7919883 | ||
| XXXX | XXXX | 10179752 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-03-05 10:23 | 2026-04-13 16:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received LOE and supporting documentation. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/10/2026 Counter-Received mortgage statement confirming XXXX payment. Missing proof of XXXX as noted in finding. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. XXXX - Buyer-03/06/2026 Open-Housing History Does Not Meet Guideline Requirements Primary property both mortgage liens - need credit supplement or Mtg statements verifying payments for XXXX have been paid as agreed. Need Mtg statement with XXXX and payment history for 2nd home lien as listed on 1003. Payment must be included in DTI. Need fully executed final CD for sale of XXXX showing lien associated has been paid in full. Need to know what property is associated with XXXX on credit report as it is not associated with any property on 1003. Need to verify payments paid as agreed for XXXX. Need to verify payment it PITI or taxes, HOI and HOA would be required to add into DTI. - Due Diligence Vendor-03/05/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/10/2026 |
Resolved-Received LOE and supporting documentation. - Due Diligence Vendor-04/13/2026 |
Long term residence - Borrowers purchased primary home in 2005 per property report (owned for 20 years) Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 705 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7943429 | |
| XXXX | XXXX | 10179752 | D | A | D | A | A | A | A | A | Closed | FCRE1505 | 2026-03-05 11:11 | 2026-04-13 16:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Tradelines do not meet Guideline Requirements | Resolved-Business bank statements provided showing business pays these debts. - Due Diligence Vendor-04/09/2026 Ready for Review-Document Uploaded. Bank statements showing paid by business - Buyer-04/09/2026 Counter-Received lox paid by business. Provide proof of 12 months paid by business. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/06/2026 Open-The Tradelines for the borrower(s) do not meet the guideline requirements. Need credit supplement and source of funds showing payoff of auto loan with XXXX and two auto loans with XXXX showing not included in DTI. - Due Diligence Vendor-03/05/2026 |
Resolved-Business bank statements provided showing business pays these debts. - Due Diligence Vendor-04/09/2026 |
Long term residence - Borrowers purchased primary home in 2005 per property report (owned for 20 years) Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 705 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7945302 | ||
| XXXX | XXXX | 10179752 | D | A | D | A | A | A | A | A | Closed | FCRE7806 | 2026-03-05 09:54 | 2026-03-09 15:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Income worksheet. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing 12 month bank statement income worksheet from lender - Due Diligence Vendor-03/05/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 |
Resolved-Received Income worksheet. - Due Diligence Vendor-03/09/2026 |
Long term residence - Borrowers purchased primary home in 2005 per property report (owned for 20 years) Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 705 |
XXXX | ATR/QM: CDFI Lender Exempt | ATR/QM: CDFI Lender Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 7942704 | |
| XXXX | XXXX | 10151248 | D | A | D | A | A | A | A | A | Closed | FCRE1152 | 2026-03-05 10:22 | 2026-03-26 15:19 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Received full tax consideration without XXXX. - Due Diligence Vendor-03/26/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/24/2026 Counter-LOE provided; however, please provide the documentation used to determine the taxes with the removal of the XXXX taxes. - Due Diligence Vendor-03/18/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-Lender to provide documentation to support monthly real estate taxes of XXXX for subject property. Schedule B-II #7 of the prelim title reflects annual taxes of only XXXX and notes "owner-occupied, XXXX exemption" and an estimated tax certificate for XXXX was not seen in the loan file. - Due Diligence Vendor-03/07/2026 |
Resolved-Received full tax consideration without XXXX. - Due Diligence Vendor-03/26/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 741 On time mortgage history exceeds guideline requirement - Borrower has 0x30x48 documented mortgage history, guides allow up to 1x30x12 months. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 7943408 | ||
| XXXX | XXXX | 10200496 | C | A | C | A | C | A | A | A | Closed | FCRE1510 | 2026-03-05 14:15 | 2026-03-09 16:16 | Resolved | 1 - Information | C | A | Credit | Closing | Issues exist on the Mortgage Document (Deed of Trust) | Resolved-Received Legal. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 Open-There are Issues Present on the Mortgage Document (Deed of Trust) that must be addressed. Missing legal description in mortgage chain. - Due Diligence Vendor-03/05/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 |
Resolved-Received Legal. - Due Diligence Vendor-03/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 742 Qualifying DTI below maximum allowed - Required is 45 Borrower has 12.73 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7950691 | |
| XXXX | XXXX | 10200496 | C | A | C | A | C | A | A | A | Closed | finding-3634 | 2026-03-05 13:04 | 2026-03-09 09:53 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-----Received CD XXXX with COC. Finding Resolved. - Due Diligence Vendor-03/09/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $755.65.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Zero (0%) tolerance fees increased by $755.65 (Discount Points) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $755.65, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 1 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-03/05/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/06/2026 |
Resolved-----Received CD XXXX with COC. Finding Resolved. - Due Diligence Vendor-03/09/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 742 Qualifying DTI below maximum allowed - Required is 45 Borrower has 12.73 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 7949168 | |
| XXXX | XXXX | 10162213 | C | A | C | A | A | A | A | A | Closed | FCRE1159 | 2026-03-06 08:53 | 2026-03-11 16:10 | Resolved | 1 - Information | C | A | Credit | Insurance | Hazard Insurance Effective Date is after the Note Date | Resolved-Received prior policy, no gaps. - Due Diligence Vendor-03/11/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/10/2026 Open-Hazard Insurance Effective Date of XXXX is after the Note Date of XXXX Missing evidence of property insurance effective as of the date of XXXX closing. Certificate of Insurance provided has an effective date of XXXX. - Due Diligence Vendor-03/09/2026 |
Resolved-Received prior policy, no gaps. - Due Diligence Vendor-03/11/2026 |
LTV is less than guideline maximum - Required is 75 Borrower has 65.92 Required is 75 Borrower has 65.92 Months Reserves exceed minimum required - Reserves: 55 Min 3 (12 months w/o proceeds) |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7969608 | ||
| XXXX | XXXX | 10200455 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE7497 | 2026-03-30 11:00 | 2026-04-17 14:05 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received property profile confirming address 1XXXX. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/16/2026 Counter-Received snip of fraud report that indicate property address is XXXX and LOX and 1003 reflect the address of XXXX. It appears there are two REOs. Lender to confirm with documentation and LOX. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/13/2026 Open-Received Final 1003 - added REO 3c -XXXX - received tax bill. Missing Verification No Mortgages/HOI/HOA for REO 3c - Due Diligence Vendor-03/30/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/16/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/13/2026 |
Resolved-Received property profile confirming address XXXX. - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8384397 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1201 | 2026-03-09 14:45 | 2026-03-30 10:59 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Third Party Fraud Report - alerts cleared - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/26/2026 Open-Missing Third Party Fraud Report A copy of the findings report and/or searches must be provided in the loan file along with notes and any related documentation used to resolve any deficiencies or red flags noted to obtain a passing score or clearance of the report. - Due Diligence Vendor-03/09/2026 |
Resolved-Received Third Party Fraud Report - alerts cleared - Due Diligence Vendor-03/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8003671 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE8887 | 2026-03-09 14:00 | 2026-03-30 10:58 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received Final 1003 - added REO 3c -XXXX - received tax bill. Missing Verification No Mortgages/HOI/HOA for REO 3c - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/27/2026 Open-File contains initial 1003 dated XXXX with income and final 1003 dated XXXX with no income or REO listed. Per tape loan documentation is bank statements and bank statements/lender calculation has been provided. Missing final application with income and REO listed. - Due Diligence Vendor-03/09/2026 |
Resolved-Received Final 1003 - added REO 3c - XXXX - received tax bill. Missing Verification No Mortgages/HOI/HOA for REO 3c - Due Diligence Vendor-03/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8002538 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1145 | 2026-03-09 13:41 | 2026-03-17 15:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Title Document Missing | Resolved-Received Title. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 Open-Title Document is missing Missing Title Report. Additional conditions may apply pending review. - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 |
Resolved-Received Title. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8002135 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1152 | 2026-03-10 14:18 | 2026-03-17 15:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Evidence of Property Tax Missing | Resolved-Lender's tax estimator received - matches CD/Payment Letter. - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-03/10/2026 Open-Missing Evidence of Property Tax Lender to provide RE tax documentation to support the property taxes escrowed at closing. Audit defaulted to the final CD property taxes in lieu of the missing documentation. Additional conditions may apply pending review. - Due Diligence Vendor-03/10/2026 |
Resolved-Lender's tax estimator received - matches CD/Payment Letter. - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8027522 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE5782 | 2026-03-09 14:43 | 2026-03-17 15:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received UDN with no new inquiries. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 Open-Borrower 1 Gap Credit Report is Missing An Undisclosed Debt Notification (UDN) is required within 10 days prior to closing date. We will also accept a credit refresh/gap report within a 10-day window - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 |
Resolved-Received UDN with no new inquiries. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8003646 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE5783 | 2026-03-09 14:43 | 2026-03-17 15:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received UDN with no new inquiries. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 Open-Borrower 2 Gap Credit Report is Missing An Undisclosed Debt Notification (UDN) is required within 10 days prior to closing date. We will also accept a credit refresh/gap report within a 10-day window - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 |
Resolved-Received UDN with no new inquiries. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8003647 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE0112 | 2026-03-09 15:02 | 2026-03-12 13:14 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Received 1008 - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. 1008 - Seller-03/10/2026 Open-Approval/Underwriting Summary Not Provided. Approval/1008 is required - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. 1008 - Seller-03/10/2026 |
Resolved-Received 1008 - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8004081 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE8701 | 2026-03-09 13:37 | 2026-03-12 13:13 | Resolved | 1 - Information | C | A | Credit | Borrower | Business Entity Formation Document is Missing | Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor. Biz entity docs also received. - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-03/10/2026 Open-The Business Entity Formation Document is Missing. Please provide the following required documentation to verify the borrowing entity: o Entity Articles of Organization, Partnership, and Operating Agreements as required. o Tax Identification Number (Employer Identification Number – EIN). In any case where a sole proprietor is using SSN in lieu of EIN, provide UW cert or supporting documentation to confirm. o Certificate of Good Standing o Certificate of Authorization for the person executing all documents on behalf of the Entity o LLC Borrowing Certificate required when all members are not on the loan - Due Diligence Vendor-03/09/2026 |
Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor. Biz entity docs also received. - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8001992 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1325 | 2026-03-09 14:23 | 2026-03-12 13:13 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-03/10/2026 Open-Borrower 1 CPA Letter Missing Missing a CPA/Tax Preparer letter - or add'l business entity docs, to verify B1 (and B2, if applicable) ownership percentage of the business. - Due Diligence Vendor-03/09/2026 |
Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8003143 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE9992 | 2026-03-09 14:26 | 2026-03-12 13:13 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Expense letter missing | Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-03/10/2026 Open-Lender's bank statement calculation indicates a 20% expense factor was applied. Per guides, either an expense factor must be provided by a Certified Public Accountant, Enrolled Agent, CTEC or Chartered Tax Adviser (PTIN and ASFP preparers that work for a 3rd party firm may be permitted) OR a P&L must be completed by a Certified Public Accountant, Enrolled Agent, CTEC or Chartered Tax Adviser (PTIN and ASFP tax preparers that work for a 3rd party firm may be permitted) whereby they must attest that they have audited the business financial statements or reviewed working papers provided by the borrower. - Due Diligence Vendor-03/09/2026 |
Resolved-Received EA Letter - Confirms 2+ Years S/E Employment - 20% Expense Factor - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8003218 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FPRO1253 | 2026-03-10 14:33 | 2026-03-12 13:12 | Resolved | 1 - Information | D | A | Property | Missing Doc | Secondary Valuation or Additional Valuation has not been entered per securitization requirements | Resolved-Received CU = 1.8 - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 Open-A secondary valuation to support the appraised value required for all loan amounts. Additional conditions may apply pending review. - Due Diligence Vendor-03/10/2026 |
Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 |
Resolved-Received CU = 1.8 - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8027905 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FPRO1242 | 2026-03-09 13:45 | 2026-03-12 13:10 | Resolved | 1 - Information | D | A | Property | Missing Doc | Appraisal is Missing | Resolved-Received Appraisal - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Buyer-03/10/2026 Open-Appraisal is Missing Appraisal is required for all loan amounts. Additional conditions may apply pending review. - Due Diligence Vendor-03/09/2026 |
Resolved-Received Appraisal - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8002215 | ||
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1161 | 2026-03-09 13:49 | 2026-03-12 12:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Flood Certificate Missing | Resolved-Received Flood Certificate - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 Open-Missing Flood Certificate Flood cert is reqiured .Additional conditions may apply pending review. - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 |
Resolved-Received Flood Certificate - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8002293 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE1157 | 2026-03-09 13:49 | 2026-03-12 12:54 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received Hazard Insurance Policy - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 Open-Missing Hazard Insurance Policy Hazard Policy is required. Additional conditions may apply pending review. - Due Diligence Vendor-03/09/2026 |
Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 |
Resolved-Received Hazard Insurance Policy - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8002294 | |
| XXXX | XXXX | 10179746 | D | A | D | A | A | A | D | A | Closed | FCRE4104 | 2026-03-10 15:27 | 2026-03-12 12:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing explanation and supporting documentation for large deposit(s) | Resolved-$200,000 from XXXX, business account, was transferred to XXXX to establish the account. Statements in file. - Due Diligence Vendor-03/12/2026 Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 Open-Missing documentation of large deposit on XXXX - Due Diligence Vendor-03/10/2026 |
Ready for Review-Document Uploaded. supporting docs - Seller-03/10/2026 |
Resolved-$200,000 from XXXX, business account, was transferred to XXXX to establish the account. Statements in file. - Due Diligence Vendor-03/12/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 757 Qualifying DTI below maximum allowed - Required is 50 Borrower has 28.86 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8029049 | |
| XXXX | XXXX | 10179754 | C | A | C | A | A | A | A | A | Closed | FCRE1440 | 2026-03-09 11:35 | 2026-03-24 13:28 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Client provided VOR, Housing History Meets Guideline Requirements - Due Diligence Vendor-03/24/2026 Ready for Review-Document Uploaded. VOR - Buyer-03/23/2026 Open-Housing History Does Not Meet Guideline Requirements Please provide a VOR or 12 months cancelled checks for current primary residence, Although a ledger was provided, it does not contain sufficient information to confirm borrower as a tenant or if this is for an REO, rent amount stated does not align with rent on loan application. Other findings may apply. - Due Diligence Vendor-03/09/2026 |
Resolved-Client provided VOR, Housing History Meets Guideline Requirements - Due Diligence Vendor-03/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 773 LTV is less than guideline maximum - Required is 75 Borrower has 67.35 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 7999184 | ||
| XXXX | XXXX | 10162198 | C | A | A | A | C | A | A | A | Closed | finding-3646 | 2026-03-11 12:37 | 2026-03-17 09:36 | Resolved | 1 - Information | C | A | Compliance | TRID | TRID Post-Consummation Event Validation Test | Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-03/13/2026 Open-This loan failed the TRID Post-Consummation Event Validation Test.This loan has a post-consummation event date that occurs on or before the closing date or consummation date of the loan. Please review the loan data to ensure the dates are in the correct fields. -----PCCD was issued same day as closing XXXX. - Due Diligence Vendor-03/11/2026 |
Resolved-Upon further review, the document(s) are located in original file, nothing further required. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 806 Qualifying DTI below maximum allowed - Required is 45 Borrower has 27.82 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8050280 | ||
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FCRE8201 | 2026-03-26 11:37 | 2026-03-31 16:46 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client provided a waiver for XXXX, applied to non material finding with comp factors - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/30/2026 Open-XXXX entities are not allowed. The loan closed in the name of XXXX. - Due Diligence Vendor-03/26/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/30/2026 |
Waived-Client provided a waiver for XXXX, applied to non material finding with comp factors - Due Diligence Vendor-03/31/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
There will be an Exception LLPA hit of 0.25 that will apply for this specific exception. |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8336687 |
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FCRE1440 | 2026-03-11 11:33 | 2026-03-26 14:24 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Acquisition settlement statement provided with no lender. - Due Diligence Vendor-03/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/23/2026 Counter-Received acquisition settlement statement. Form reflects lender XXXX. Clarify as must meet delayed financing requirements. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-Housing History Does Not Meet Guideline Requirements Provide original HUD/CD dated XXXX for purchase of subject property to ensure meets delayed financing. Additional findings may apply. - Due Diligence Vendor-03/11/2026 |
Resolved-Acquisition settlement statement provided with no lender. - Due Diligence Vendor-03/24/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8049038 | ||
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FCRE1206 | 2026-03-11 11:37 | 2026-03-17 16:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 Open-All Interested Parties Not Checked with Exclusionary Lists. Missing copy of report, - Due Diligence Vendor-03/11/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 |
Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8049147 | |
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FCRE1205 | 2026-03-11 11:37 | 2026-03-17 16:27 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-XXXX Check Not Completed and/or Cleared. Only partial report with results provided. Please provide completed XXXX results, - Due Diligence Vendor-03/11/2026 |
Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8049148 | ||
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FCRE1202 | 2026-03-11 11:37 | 2026-03-17 16:27 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report Partially Provided | Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/16/2026 Open-Third Party Fraud Report Partially Provided. Only partial XXXX and Exclusionary list results provided. Please provide complete 3rd Party Fraud Report. - Due Diligence Vendor-03/11/2026 |
Resolved-Received updated fraud report reflecting all interested parties. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8049149 | ||
| XXXX | XXXX | 10210130 | D | B | D | B | A | A | C | A | Closed | FPRO1257 | 2026-03-11 11:11 | 2026-03-17 16:20 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received secondary valuation. - Due Diligence Vendor-03/17/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. - Due Diligence Vendor-03/11/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/16/2026 |
Resolved-Received secondary valuation. - Due Diligence Vendor-03/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 720 Borrower has 787 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8047460 | |
| XXXX | XXXX | 10179753 | B | B | B | B | B | B | A | A | Closed | FCRE8201 | 2026-03-11 14:34 | 2026-03-12 17:00 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Loan does not conform to program guidelines | Waived-Client waiver applied to non material finding with comp factors. - Due Diligence Vendor-03/12/2026 Open-Appraisal not ordered through XXXX. - Due Diligence Vendor-03/11/2026 |
Waived-Client waiver applied to non material finding with comp factors. - Due Diligence Vendor-03/12/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 21.88 months. Long term residence - Borrower has been at current residence >1 year. |
Credit Score: 16 pts above min Reserves: 18 months above minimum DSCR: 1.01 Credit History: 0x30 for at least 24 months Credit Profile: Purchase - Experienced Investor Last late 12/2023 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 8052648 | ||
| XXXX | XXXX | 10179753 | B | B | B | B | B | B | A | A | Closed | FCOM5135 | 2026-03-11 08:17 | 2026-03-11 08:17 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-03/11/2026 | Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-03/11/2026 |
Months Reserves exceed minimum required - Months reserves required is 3; qualifying reserves is 21.88 months. Long term residence - Borrower has been at current residence >1 year. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 8042076 | |||
| XXXX | XXXX | 10200500 | D | A | A | A | A | A | D | A | Closed | FVAL2301 | 2026-03-16 14:56 | 2026-04-17 16:52 | Resolved | 1 - Information | D | A | Property | Missing Doc | Missing Updated Completion Report (442/10040) | Resolved-Received 1004D reports reflecting repairs were completed. XXXX report pictures better show repairs completed on dining room ceiling, bathroom wall and basement bedroom - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. final inspection - Buyer-04/16/2026 Open-Both appraisals are "subject to repairs" and the loan file is missing both 1004D's - Due Diligence Vendor-03/16/2026 |
Resolved-Received 1004D reports reflecting repairs were completed. XXXX report pictures better show repairs completed on dining room ceiling, bathroom wall and basement bedroom - Due Diligence Vendor-04/17/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 20.44 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 746 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8134824 | ||
| XXXX | XXXX | 10156807 | D | A | D | A | A | A | A | A | Closed | FCRE0105 | 2026-03-17 13:35 | 2026-03-27 09:37 | Resolved | 1 - Information | C | A | Credit | Eligibility | Condo Structural Reports not in file | Resolved-Reserve study provided as required by the XX law. - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. XX Condo: PerXXXX, Reserve study required if XXXX condominium building is 3 stories or taller and the HOA was active in XXXX or earlier, - Buyer-03/19/2026 Open-The file does not contain the required structural engineer report per state law. Missing documentation which confirms subject adheres to XXXX Condo Milestone Inspection per XXXX. Project was built in XXXX and located in an XX Flood Zone. Other findings may apply. - Due Diligence Vendor-03/17/2026 |
Resolved-Reserve study provided as required by the XX law. - Due Diligence Vendor-03/27/2026 |
Months Reserves exceed minimum required - Reserves: 98.94 Min 12 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8157818 | ||
| XXXX | XXXX | 10156807 | D | A | D | A | A | A | A | A | Closed | FCRE0045 | 2026-03-17 13:35 | 2026-03-20 12:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | Foreign National/Non Perm resident alien but ACH form is not in file | Resolved-ACH worksheet was provided. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-03/19/2026 Open-Foreign National but the ACH form is Missing from file. Missing ACH Form for Foreign National Borrower. - Due Diligence Vendor-03/17/2026 |
Resolved-ACH worksheet was provided. - Due Diligence Vendor-03/20/2026 |
Months Reserves exceed minimum required - Reserves: 98.94 Min 12 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8157815 | ||
| XXXX | XXXX | 10156807 | D | A | D | A | A | A | A | A | Closed | FCRE0043 | 2026-03-17 13:35 | 2026-03-20 12:55 | Resolved | 1 - Information | D | A | Credit | Missing Doc | DSCR Calculation Missing | Resolved-DSCR Calculation worksheet was provided. - Due Diligence Vendor-03/20/2026 Ready for Review-Document Uploaded. DSCR - Buyer-03/19/2026 Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation. - Due Diligence Vendor-03/17/2026 |
Resolved-DSCR Calculation worksheet was provided. - Due Diligence Vendor-03/20/2026 |
Months Reserves exceed minimum required - Reserves: 98.94 Min 12 LTV is less than guideline maximum - Required is 70 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8157814 | ||
| XXXX | XXXX | 10217422 | C | B | C | B | A | A | A | A | Closed | FCRE0157 | 2026-03-23 10:00 | 2026-03-30 13:18 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Client provided a waiver for Property Listed for Sale, applied to non material finding - no comp factors given - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Please see attached approved exception. - Buyer-03/27/2026 Open-Loan does not meet guideline requirements for loans listed for sale. Property must be removed from listing for sale at least one month prior to application. Application date was XXXX and listing for sale was removed XXXX which is under one month. Loan does not meet guidelines. (Appraised value used for LTV since listing was higher). - Due Diligence Vendor-03/23/2026 |
Waived-Client provided a waiver for Property Listed for Sale, applied to non material finding - no comp factors given - Due Diligence Vendor-03/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 LTV is less than guideline maximum - Required is 80 Borrower has 58.83 Required is 80 Borrower has 58.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 8263697 | ||
| XXXX | XXXX | 10217422 | C | B | C | B | A | A | A | A | Closed | FCRE1148 | 2026-03-23 13:05 | 2026-03-25 15:53 | Resolved | 1 - Information | C | A | Credit | Title | Title Coverage is Less than Subject Lien(s) Total | Resolved-Title Coverage Amount of XXXX was provided. - Due Diligence Vendor-03/25/2026 Ready for Review-Document Uploaded. Please see attached title prelim. - Buyer-03/24/2026 Open-Insufficient Title Coverage. Amount of coverage is less than Total Amount of Subject Lien(s). - Due Diligence Vendor-03/23/2026 |
Resolved-Title Coverage Amount of XXXX was provided. - Due Diligence Vendor-03/25/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 799 Required is 660 Borrower has 799 LTV is less than guideline maximum - Required is 80 Borrower has 58.83 Required is 80 Borrower has 58.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8268372 | ||
| XXXX | XXXX | 10200485 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10217434 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-03-24 14:29 | 2026-03-30 13:40 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received verification of PITIA for REO 3b - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-03/27/2026 Counter-Received HOI reflecting XXXX, NOTE, and CD. CD confirm HOA in place, but did not disclose amounts. Missing Taxes and HOA. Finding remains. - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-03/25/2026 Open-REO 3b - taxes and insurance not provided - Due Diligence Vendor-03/24/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-03/27/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-03/25/2026 |
Resolved-Received verification of PITIA for REO 3b - Due Diligence Vendor-03/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 751 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.53 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8296176 | |
| XXXX | XXXX | 10217434 | D | A | D | A | A | A | A | A | Closed | FCRE1334 | 2026-03-24 13:59 | 2026-03-27 09:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Executed 4506-T/4506-C is Missing | Resolved-Received Borrower 1 Executed 4506-T/4506-C - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/25/2026 Open-Borrower 1 Executed 4506-T/4506-C is Missing Unsigned 4506-C in loan file. Provide signed document - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/25/2026 |
Resolved-Received Borrower 1 Executed 4506-T/4506-C - Due Diligence Vendor-03/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 751 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.53 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8295236 | |
| XXXX | XXXX | 10217434 | D | A | D | A | A | A | A | A | Closed | FCRE1364 | 2026-03-24 13:59 | 2026-03-27 09:43 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Executed 4506-T/4506-C is Missing | Resolved-Received Borrower 2 Executed 4506-T/4506-C - Due Diligence Vendor-03/27/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/25/2026 Open-Borrower 2 Executed 4506-T/4506-C is Missing Unsigned 4506-C in loan file. Provide signed document. Transcripts filed jointly, form needed - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/25/2026 |
Resolved-Received Borrower 2 Executed 4506-T/4506-C - Due Diligence Vendor-03/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 751 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 12.53 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8295238 | |
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE1183 | 2026-03-31 11:36 | 2026-04-02 11:00 | Resolved | 1 - Information | B | A | Credit | Missing Doc | Approval/Underwriting Summary Partially Provided | Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-04/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/02/2026 Counter-Client provided 1008 with the same DTI of 69.42%, please provide final 1008 reflecting DTI of 40.06% - Due Diligence Vendor-04/01/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/31/2026 Open-Approval/Underwriting Summary Partially Provided. The final 1008 in the file shows a DTI of 69.423%, please provide a corrected 1008. - Due Diligence Vendor-03/31/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/02/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/31/2026 |
Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-04/02/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8408127 | |
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE2244 | 2026-03-25 09:29 | 2026-03-30 16:35 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Updated appraisal with all required photos received. - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 Open-Property Issues are identified for the property Appraisal is missing interior/exterior photos of subject and comparable photos. - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 |
Resolved-Updated appraisal with all required photos received. - Due Diligence Vendor-03/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8310142 | |
| XXXX | XXXX | 10200477 | C | A | C | A | A | A | A | A | Closed | FCRE0069 | 2026-03-25 09:49 | 2026-03-30 12:07 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Bank Statement Summary Lender Worksheet is N/A | Resolved-Received Bank Statement Summary Lender Worksheet - Due Diligence Vendor-03/30/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 Open-Bank Statement Summary Lender Worksheet is N/A. Missing lender 12 month bank statement income worksheet - Due Diligence Vendor-03/25/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-03/26/2026 |
Resolved-Received Bank Statement Summary Lender Worksheet - Due Diligence Vendor-03/30/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 63.18 Qualifying DTI below maximum allowed - Required is 50 Borrower has 40.06 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 751 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8310602 | |
| XXXX | XXXX | 10210149 | D | B | D | B | A | A | A | A | Closed | FCRE6777 | 2026-03-27 14:30 | 2026-04-08 08:52 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Acreage exceeds guidelines | Waived-Client provided a waiver for multiple parcels and acreage meeting agency requirements, applied to non material finding with comp factors - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. When Guidelines are silent so we defer to Fannie. As per Fannie guidelines, verifying the lot is non-buildable is ONLY required if the two lots are not adjacent. The appraiser provided a Plat Map verifying lots are adjacent. --Please escalate - Buyer-04/06/2026 Counter-Client provided Exception and Email chain that states acreage ok if other lot is non buildable. Appraiser to address - Due Diligence Vendor-04/02/2026 Ready for Review-Document Uploaded. email chain from XXXX Regarding exception - Buyer-03/31/2026 Counter-Lender exception provided, however we are missing the client approval - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. exception for XXXX acre lot - Buyer-03/30/2026 Open-XXXX Acre lot-maximum allowed by program is 20 acres. Lender exception in file. - Due Diligence Vendor-03/27/2026 |
Waived-Client provided a waiver for multiple parcels and acreage meeting agency requirements, applied to non material finding with comp factors - Due Diligence Vendor-04/08/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 |
FICO 20 points or more above requirement Reserves 12+ months more than requirement |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | Investor Post-Close | No | 8364994 | |
| XXXX | XXXX | 10210149 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-03-27 14:33 | 2026-03-31 16:34 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received PITIA - Due Diligence Vendor-03/31/2026 Ready for Review-Document Uploaded. XXXX tax and insur - Buyer-03/30/2026 Open-Missing documentation of tax and insurance fore REO 3b totaling amount presented on 1003. - Due Diligence Vendor-03/27/2026 |
Resolved-Received PITIA - Due Diligence Vendor-03/31/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 25.75 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 740 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8365127 | ||
| XXXX | XXXX | 10200463 | D | A | D | A | C | A | A | A | Closed | FCRE1339 | 2026-03-31 15:53 | 2026-04-16 15:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Personal Bank Statements Missing | Resolved-After further review, Per guidelines Assets considered for this program must be verified with most recent three (3) months account statements, quarterly statement, or a VOD. File contained 5 months. - Due Diligence Vendor-04/16/2026 Open-Borrower 1 Personal Bank Statements Missing Only 5 months of asset statements were provided for XXXX accounts. Provide 1 additional month to complete 6 month requirement. - Due Diligence Vendor-03/31/2026 |
Resolved-After further review, Per guidelines Assets considered for this program must be verified with most recent three (3) months account statements, quarterly statement, or a VOD. File contained 5 months. - Due Diligence Vendor-04/16/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 26.65 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.44 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8413352 | |||
| XXXX | XXXX | 10200463 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-03-30 13:51 | 2026-04-13 10:46 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received PCCD, finding resolved. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. - Seller-04/10/2026 Counter-Borrower fees cannot increase after closing. Finding Remains. - Due Diligence Vendor-04/06/2026 Ready for Review-Please see Notice of COC from XXXX adding the App Mgmt fee of $55. - Seller-04/02/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $5.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). Zero (0%) tolerance fees increased by$5.00 (Appraisal Management Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $5.00 post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3Year(s); Expiration Date: XXXX - Due Diligence Vendor-03/30/2026 |
Ready for Review-Document Uploaded. - Seller-04/10/2026 Ready for Review-Please see Notice of COC from XXXX adding the App Mgmt fee of $55. - Seller-04/02/2026 |
Resolved-Received PCCD, finding resolved. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 26.65 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.44 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8389595 | |
| XXXX | XXXX | 10200463 | D | A | D | A | C | A | A | A | Closed | finding-3532 | 2026-03-30 09:00 | 2026-04-06 10:55 | Resolved | 1 - Information | C | A | Compliance | TRID | Initial Closing Disclosure Delivery Date Test | Resolved-Received signed CD XXXX. Finding Resolved. - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. - Seller-04/02/2026 Open-This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation. ------ Initial CD XXXX is not signed and there is no evidence in file to determine if it was provided to borrower at least three days prior to closing date of XXXX. Statute of Limitations 3 years- Expiration date is XXXX. - Due Diligence Vendor-03/30/2026 |
Ready for Review-Document Uploaded. - Seller-04/02/2026 |
Resolved-Received signed CD XXXX. Finding Resolved. - Due Diligence Vendor-04/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 26.65 Qualifying DTI below maximum allowed - Required is 50 Borrower has 34.44 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8381948 | |
| XXXX | XXXX | 10217445 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2026-03-31 18:30 | 2026-04-08 12:53 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VOE. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/06/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Provide VOE or CPA letter to verify current employment. - Due Diligence Vendor-03/31/2026 |
Resolved-Received VOE. - Due Diligence Vendor-04/08/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 Required is 680 Borrower has 741 LTV is less than guideline maximum - Required is 75 Borrower has 12 Required is 75 Borrower has 12 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.29 Required is 50 Borrower has 17.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8415345 | ||
| XXXX | XXXX | 10217445 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-03-31 18:46 | 2026-04-07 15:04 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-After further review, the title policy only reflects the lien being paid off at closing and the fraud reports confirms no other liens on the subject. - Due Diligence Vendor-04/07/2026 Open-Housing History Does Not Meet Guideline Requirements 12 months mortgage history for current primary not provided. Title shows there was a prior lien and current lien history is 5 months on the credit report. - Due Diligence Vendor-03/31/2026 |
Resolved-After further review, the title policy only reflects the lien being paid off at closing and the fraud reports confirms no other liens on the subject. - Due Diligence Vendor-04/07/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 Required is 680 Borrower has 741 LTV is less than guideline maximum - Required is 75 Borrower has 12 Required is 75 Borrower has 12 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.29 Required is 50 Borrower has 17.29 |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8415599 | |||
| XXXX | XXXX | 10217445 | D | A | D | A | A | A | A | A | Closed | FCRE1205 | 2026-03-31 18:48 | 2026-04-03 13:26 | Resolved | 1 - Information | C | A | Credit | Eligibility | OFAC Check Not Completed and/or Cleared | Resolved-Received Fraud Report. - Due Diligence Vendor-04/03/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/01/2026 Open-XXXX Check Not Completed and/or Cleared All parties to be cleared through interested parties and XXXX. - Due Diligence Vendor-03/31/2026 |
Resolved-Received Fraud Report. - Due Diligence Vendor-04/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 Required is 680 Borrower has 741 LTV is less than guideline maximum - Required is 75 Borrower has 12 Required is 75 Borrower has 12 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.29 Required is 50 Borrower has 17.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8415603 | ||
| XXXX | XXXX | 10217445 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-03-31 18:48 | 2026-04-03 13:26 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Received Fraud Report. - Due Diligence Vendor-04/03/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/01/2026 Open-Missing Third Party Fraud Report Provide 3rd party fraud report. - Due Diligence Vendor-03/31/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/01/2026 |
Resolved-Received Fraud Report. - Due Diligence Vendor-04/03/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 741 Required is 680 Borrower has 741 LTV is less than guideline maximum - Required is 75 Borrower has 12 Required is 75 Borrower has 12 Qualifying DTI below maximum allowed - Required is 50 Borrower has 17.29 Required is 50 Borrower has 17.29 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8415604 | |
| XXXX | XXXX | 10217440 | D | B | D | B | A | A | A | A | Closed | FCRE0970 | 2026-03-31 08:40 | 2026-06-01 14:48 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Appraisal has issues (credit) | Waived-Originator exception granted with comp factors for using the purchase appraisal for subject transaction. - Due Diligence Vendor-04/02/2026 Open-Non-Material as Client allows. Lender is using the purchase appraisal for subject transaction. Exception in file. - Due Diligence Vendor-04/02/2026 |
Waived-Originator exception granted with comp factors for using the purchase appraisal for subject transaction. - Due Diligence Vendor-04/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 LTV is less than guideline maximum - Required is 75 Borrower has 43.64 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.83 |
Credit Score Reserves |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8402057 | ||
| XXXX | XXXX | 10217440 | D | B | D | B | A | A | A | A | Closed | FCRE0700 | 2026-03-31 09:00 | 2026-04-15 14:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Received Closing statements dated XXXX reflecting purchase price of XXXX, also provided Alta dated XXXX already provided in file. - Due Diligence Vendor-04/06/2026 Ready for Review-Received Closing statements dated XXXX reflecting purchase price of XXXX, also provided Alta dated XXXX already provided in file. - Due Diligence Vendor-04/06/2026 Ready for Review-Document Uploaded. 1. closing stmts enclosed from purchase reflecting purchase price. 2. enclosed pls find copy of purchasing closing stmt for subject that reflects purchase price. TY - Buyer-04/06/2026 Counter-Client provided CD that does not reflect a Purchase Price. The exception was found from XXXX to use purchase price. - Due Diligence Vendor-04/03/2026 Ready for Review-Document Uploaded. closing stmt - Buyer-04/02/2026 Open-Missing documentation of purchase price. - Due Diligence Vendor-03/31/2026 |
Resolved-Received Closing statements dated XXXX reflecting purchase price of XXXX, also provided Alta dated XXXX already provided in file. - Due Diligence Vendor-04/06/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 LTV is less than guideline maximum - Required is 75 Borrower has 43.64 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.83 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8402368 | ||
| XXXX | XXXX | 10217440 | D | B | D | B | A | A | A | A | Closed | FCRE0157 | 2026-03-31 08:36 | 2026-04-01 20:44 | Waived | 2 - Non-Material | C | B | Credit | Eligibility | Loan does not meet guideline requirements for loans listed for sale | Waived-Originator exception granted with comp factors. Does not meet a minimum borrower seasoning requirement of six (6) months is required for a transaction to be eligible for cash-out. - Due Diligence Vendor-04/02/2026 Open-Loan does not meet guideline requirements for loans listed for sale. A minimum borrower seasoning requirement of six (6) months is required for a transaction to be eligible for cash-out. Lender exception in file. - Due Diligence Vendor-03/31/2026 |
Waived-Originator exception granted with comp factors. Does not meet a minimum borrower seasoning requirement of six (6) months is required for a transaction to be eligible for cash-out. - Due Diligence Vendor-04/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 804 LTV is less than guideline maximum - Required is 75 Borrower has 43.64 Qualifying DTI below maximum allowed - Required is 50 Borrower has 42.83 |
FICO Reserves |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8402001 | ||
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE1440 | 2026-04-01 14:14 | 2026-04-22 12:59 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation free and clear. - Due Diligence Vendor-04/22/2026 Ready for Review-Document Uploaded. 1. proof from online records of no liens on XXXX 2. proof from online records that there is no lien on XXXX- Buyer-04/21/2026 Counter-Received lease for 3c B2. Missing proof XXXX are free and clear. Please provide property profiles to confirm - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. 1. lease 2. XXXX spouse took out a mortgage – the deposits in question are loan proceeds; see attached mortgage notes and Closing Disclosures 3. Both borrower’s REO 3E have mortgages. The only property without a mortgage is XXXX – see XXXX findings attached and borrower’s LOE verifying no mortgage. - Buyer-04/17/2026 Counter-Received 3F XXXX free and clear. Received 3B XXXX. statement reflecting another obligated. Received leases for 3E. Missing proof 3E, 3D are free and clear. Missing Lease for 3C - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. 1. See 2 leases attached – one for $2,902 of which borrower pays $226 in cash so only $2,676 was used (2 months payment confirmation in file), and 2nd lease for $2,200 = $4,876. 2. lien search attached for XXXX verifying no mtgs - Buyer-04/14/2026 Open-Housing History Does Not Meet Guideline Requirements Borrower property 3E: Provide lien report to verify property is owned free & clear Borrower property 3D: Provide lien report to verify property is owned free & clear Co-borrower property 3F: Provide lien report to verify property is owned free & clear Borrower property 3C: Need fully executed lease as document in file is not full lease. Borrower property 3E: Need updated executed lease to reflect lease amount at $4876 as per 1003. Borrower property 3B: Need to verify if first lien mortgage on property is in borrowers name as only second lien is showing on credit report. If it is, provide documentation to support PITI payment and 12 month mortgage history is paid as agreed. - Due Diligence Vendor-04/01/2026 |
Resolved-Received confirmation free and clear. - Due Diligence Vendor-04/22/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8435438 | ||
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE1485 | 2026-04-01 14:44 | 2026-04-21 09:26 | Resolved | 1 - Information | C | A | Credit | Assets | Asset 7 Does Not Meet Guideline Requirements | Resolved-Received final CDs for 2 refi's as source of large deposits. Both are non borrowing entity. - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/17/2026 Counter-Clarification: XXXX wires received from XXXX . Please provide acceptable source. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. pls review Open-Income and Employment Do Not Meet Guidelines Co-borrower to address NSF in XXXX – there is no NSF in XXXX 2. Need explanation and source of (2) large deposit wires on XXXX into checking account – no assets were used for loan qualification; which account is this referring to? - Buyer-04/14/2026 Open-Asset 7 Does Not Meet Guideline Requirements Need explanation and source of (2) large deposit wires on XXXX into checking account. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-04/17/2026 |
Resolved-Received final CDs for 2 refi's as source of large deposits. Both are non borrowing entity. - Due Diligence Vendor-04/21/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8436235 | |
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE7497 | 2026-04-01 15:54 | 2026-04-17 16:28 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received re taxes and HOI - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. XXXX taxes and ins uploaded - Seller-04/16/2026 Counter-Received confirmation no HOI for 3D XXXX. Missing RE Taxes for XXXX 3d (B2) and Missing HOI for 3f for B1 XXXX - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Counter-Received HOI for XXXX. Missing 3F, 3D hoi - Due Diligence Vendor-04/07/2026 Ready for Review-Document Uploaded. 3D misc reo docs - Seller-04/06/2026 Open-Borrower 1003 property 3F: Need copy of HOI in force. Co-borrower 1003 property 3D: Need copy of HOI in force Co-Borrower 1003 property 3D: Need tax bill as document in file does not reflect tax amount. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. XXXX taxes and ins uploaded - Seller-04/16/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Ready for Review-Document Uploaded. 3D misc reo docs - Seller-04/06/2026 |
Resolved-Received re taxes and HOI - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8437620 | |
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE1437 | 2026-04-01 14:16 | 2026-04-15 16:41 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Upon further review, returned deposit of $150 was not included in income calculation. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. pls review Open-Income and Employment Do Not Meet Guidelines Co-borrower to address NSF in XXXX – there is no NSF in XXXX 2. Need explanation and source of (2) large deposit wires on XXXX into checking account – no assets were used for loan qualification; which account is this referring to? - Buyer-04/14/2026 Open-Income and Employment Do Not Meet Guidelines Co-borrower to address NSF in XXXX. - Due Diligence Vendor-04/01/2026 |
Resolved-Upon further review, returned deposit of $150 was not included in income calculation. - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8435474 | ||
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE7807 | 2026-04-01 15:18 | 2026-04-15 16:33 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received XXXX income calculation reflecting gross up calculation. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/14/2026 Open-The Borrower 2 Bank Statement Summary/Lender Worksheet is Missing Lender to provide income calculation worksheets for borrower and co-borrowers XXXX income. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-04/14/2026 |
Resolved-Received XXXX income calculation reflecting gross up calculation. - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8436883 | |
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE7806 | 2026-04-01 15:18 | 2026-04-15 16:32 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received income calc worksheets for XXXX and gross up calculation. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/14/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Lender to provide income calculation worksheets for borrower and co-borrowers XXXX income. - Due Diligence Vendor-04/01/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-04/14/2026 |
Resolved-Received income calc worksheets for XXXX and gross up calculation. - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8436882 | |
| XXXX | XXXX | 10233114 | D | B | D | B | A | A | A | A | Closed | FCRE1491 | 2026-04-01 14:33 | 2026-04-02 17:29 | Waived | 2 - Non-Material | B | B | Credit | Assets | Asset Qualification Does Not Meet Guideline Requirements | Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-04/02/2026 Open-Asset Qualification Does Not Meet Guideline Requirements EXCEPTION for Co-borrower - requested to use non subject rent which is deposited into business bank account used for income. Deposits were backed out of the bank statements. Rent checks are made out to the co-borrower. Lease is between co-borrower and tenant. Bank account in the name of the co-borrower since he is self-employed as a XXXX. Per borrower - this rent is filed as Schedule E and not part of the borrower's Schedule C business income. - Due Diligence Vendor-04/01/2026 |
Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-04/02/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 731 LTV is less than guideline maximum - Required is 80 Borrower has 65 |
Credit score 92, reserves 62, Residual income 35000, employment stability 14 years, LTV 10 | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Investor Post-Close | No | 8435978 | ||
| XXXX | XXXX | 10200470 | C | A | C | A | A | A | A | A | Closed | FCRE0197 | 2026-04-03 11:49 | 2026-04-08 13:41 | Resolved | 1 - Information | C | A | Credit | Eligibility | The Final SELLER CD/HUD is missing | Resolved-Received sellers final settlement statement. - Due Diligence Vendor-04/08/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/07/2026 Open-The Final SELLER CD/HUD is missing. Missing fully executed final seller CD/Settlement Statement. - Due Diligence Vendor-04/06/2026 |
Resolved-Received sellers final settlement statement. - Due Diligence Vendor-04/08/2026 |
LTV is less than guideline maximum - Required is 85 Borrower has 80 Qualifying DTI below maximum allowed - Required is 50 Borrower has 2.42 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 763 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | N/A | N/A | 8476979 | ||
| XXXX | XXXX | 10162222 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10210161 | D | A | D | A | A | A | A | A | Closed | FCRE1158 | 2026-04-08 14:35 | 2026-04-28 13:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received Hazard Insurance Policy for all 4 units - Due Diligence Vendor-04/28/2026 Ready for Review-Document Uploaded. Supporting Documents - Buyer-04/27/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided HOI policy to reflect borrowers' names and not corporation - Due Diligence Vendor-04/08/2026 |
Resolved-Received Hazard Insurance Policy for all 4 units - Due Diligence Vendor-04/28/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 686 LTV is less than guideline maximum - Required is 70 Borrower has 60 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8555107 | ||
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE1437 | 2026-04-07 08:51 | 2026-04-29 15:10 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income and Employment Do Not Meet Guidelines | Resolved-Received EIN confirming Sole Member. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. Attahced is the copy of the EIN # that verifies the Borrower is the sole member of the business. Please review and advise, thank you - Buyer-04/28/2026 Open-Income and Employment Do Not Meet Guidelines Borrower length of time for self-employment satisfied with Business License details from XXXX-Present – Current Business License expires XXXX. Need CPA letter on letterhead (signed and dated by CPA with license information provided) or Operating Agreement fully executed to reflect percent of ownership - Due Diligence Vendor-04/07/2026 |
Resolved-Received EIN confirming Sole Member. - Due Diligence Vendor-04/29/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8521981 | ||
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE0044 | 2026-04-07 09:14 | 2026-04-27 10:47 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received LOX for credit inquiries. No new debt acquired. - Due Diligence Vendor-04/27/2026 Ready for Review-Document Uploaded. Inquiry Letter - Seller-04/23/2026 Open-LOX for credit inquiries is missing. Missing inquiry letter signed and dated by borrower - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. Inquiry Letter - Seller-04/23/2026 |
Resolved-Received LOX for credit inquiries. No new debt acquired. - Due Diligence Vendor-04/27/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8522339 | |
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-04-07 09:43 | 2026-04-10 16:52 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Upon further review, the file contained a picture of the HOA invoice in the original uploaded file. - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. See seller response - HOA letter was delivered with loan files - Buyer-04/10/2026 Open-1003 Property 3B: Need HOA figures for this property as they are not found in file. - Due Diligence Vendor-04/07/2026 |
Resolved-Upon further review, the file contained a picture of the HOA invoice in the original uploaded file. - Due Diligence Vendor-04/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8523013 | ||
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE1440 | 2026-04-07 09:20 | 2026-04-10 16:49 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Satisfaction of security instruments were provided. - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. See seller detailed response - Seller-04/10/2026 Open-Housing History Does Not Meet Guideline Requirements 1003 Property 3B: Need lien report to verify property is owned F&C 1003 Property 3G: Need lien report to verify property is owned F&C - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. See seller detailed response - Seller-04/10/2026 |
Resolved-Satisfaction of security instruments were provided. - Due Diligence Vendor-04/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8522497 | |
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-04-07 09:04 | 2026-04-10 16:48 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Upon further review, the GAP credit report was provided. - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. See seller response - initial and final report were delivered with loan files - Buyer-04/10/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit Report showing within 10 days of closing date. - Due Diligence Vendor-04/07/2026 |
Resolved-Upon further review, the GAP credit report was provided. - Due Diligence Vendor-04/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8522171 | ||
| XXXX | XXXX | 10179750 | D | A | D | A | A | A | A | A | Closed | FCRE0700 | 2026-04-07 10:25 | 2026-04-10 16:44 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Closing Detail Statement Document is Missing | Resolved-Closing Detail Statement Document was in file with seller credit reflected. - Due Diligence Vendor-04/10/2026 Ready for Review-Document Uploaded. Supporting docs - seller credit was applied to origination fee on final CD, ATLA in file shows UW fee total was $4246.04, CD shows borrower paid 1246.04 and seller paid 3000. - Seller-04/10/2026 Open-Closing Detail Statement Document is Missing and subject property is an Investment property. Need updated final CD showing Seller Concessions credit of $3000 as this is showing on Seller CD and sales contract reflects this should be a credit at closing. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. Supporting docs - seller credit was applied to origination fee on final CD, ATLA in file shows UW fee total was $4246.04, CD shows borrower paid 1246.04 and seller paid 3000. - Seller-04/10/2026 |
Resolved-Closing Detail Statement Document was in file with seller credit reflected. - Due Diligence Vendor-04/10/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 781 Qualifying DTI below maximum allowed - Required is 50 Borrower has 44.95 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | N/A | N/A | 8523955 | |
| XXXX | XXXX | 10217444 | D | A | D | A | C | A | A | A | Closed | FCOM1227 | 2026-04-07 14:23 | 2026-04-16 13:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | PUD Rider is Missing | Resolved-Received revised appraisal. - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. Supporting docs - Seller-04/14/2026 Counter-Received Lending response not in PUD. Review of appraisal indicate property in a PUD with HOA fees reflected. Finding remains. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Property is not a PUD - Buyer-04/10/2026 Open-PUD Rider is Missing - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. Supporting docs - Seller-04/14/2026 |
Resolved-Received revised appraisal. - Due Diligence Vendor-04/14/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 810 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.68 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8531683 | |
| XXXX | XXXX | 10217444 | D | A | D | A | C | A | A | A | Closed | finding-3526 | 2026-04-07 09:50 | 2026-04-13 09:25 | Resolved | 1 - Information | C | A | Compliance | TRID | Revised Loan Estimate Delivery Date Test (prior to consummation) | Resolved-Received disclosure tracking for verification of receipt. Finding Resolved. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. BORROWER executed an e-consent and disclosure tracking shows the borrower viewed the revised LE the same day it was sent... this is acceptable - Seller-04/10/2026 Open-This loan failed the revised loan estimate delivery date test (prior to consummation) due to one of the following findings: ( 12 CFR §1026.19(e)(4)(ii) )The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"XXXX" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than four business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i). The consumer must receive a revised version of the disclosures required under §1026.19(e)(1)(i) not later than four business days prior to consummation. If the revised version of the disclosures required §1026.19(e)(1)(i) is not provided to the consumer in person, the consumer is considered to have received such version three business days after the creditor delivers or places such version in the mail. ----- The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either: "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date. There is no cure for this violation. Statute of Limitations - 1 year, expiration date XXXX. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. BORROWER executed an e-consent and disclosure tracking shows the borrower viewed the revised LE the same day it was sent... this is acceptable - Seller-04/10/2026 |
Resolved-Received disclosure tracking for verification of receipt. Finding Resolved. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 810 Qualifying DTI below maximum allowed - Required is 50 Borrower has 29.68 |
XXXX | QM: Safe Harbor Verified (V SH) | QM: Safe Harbor Verified (V SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8523172 | |
| XXXX | XXXX | 10224707 | D | A | D | A | A | A | A | A | Closed | FCRE8887 | 2026-04-07 10:56 | 2026-04-30 12:47 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing or Incomplete 1003 | Resolved-Received 1003 - Due Diligence Vendor-04/30/2026 Ready for Review-Document Uploaded. FINAL 1003 COMPLETE - ALL SIGNATURES - DECLARATIONS INCLUDED - Seller-04/29/2026 Counter-Received partial 1003. 1003 provided in loan package does not have declaration completed. Provide complete 1003 signed and dated for confirmation. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. 1003 DECLARATIONS PAGE FOR BOTH BORROWERS. - Buyer-04/09/2026 Open-B1 and B2 Final 1003 Declarations are not completed. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. FINAL 1003 COMPLETE - ALL SIGNATURES - DECLARATIONS INCLUDED - Seller-04/29/2026 |
Resolved-Received 1003 - Due Diligence Vendor-04/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 715 LTV is less than guideline maximum - Required is 75 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8524596 | |
| XXXX | XXXX | 10224707 | D | A | D | A | A | A | A | A | Closed | FCRE1325 | 2026-04-07 10:09 | 2026-04-30 12:45 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-04/30/2026 Ready for Review-Document Uploaded. LETTER FROM TAX PREPARER AND EA LICENSE VERIFICATION FROM XXXX. - Buyer-04/29/2026 Open-Borrower 1 CPA Letter Missing Missing CPA Letter verifying business ownership + expense factor. Lender used 20% expense factor on Business Statements with no letter from CPA documenting expense factor. - Due Diligence Vendor-04/07/2026 |
Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-04/30/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 715 LTV is less than guideline maximum - Required is 75 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8523605 | ||
| XXXX | XXXX | 10224707 | D | A | D | A | A | A | A | A | Closed | FCRE7497 | 2026-04-07 10:55 | 2026-04-17 10:46 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received B1 primary tax verification. - Due Diligence Vendor-04/17/2026 Counter-Received Association Dues. Missing proof of Taxes and Insurance as well. Finding remains. - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. HOA BILL - B1 - XXXX - $187 PER YEAR - Seller-04/13/2026 Open-Missing evidence of TIA, as reflected on B1's Final 1003 for Primary residence. - Due Diligence Vendor-04/07/2026 |
Ready for Review-Document Uploaded. HOA BILL - B1 - XXXX - $187 PER YEAR - Seller-04/13/2026 |
Resolved-Received B1 primary tax verification. - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 715 LTV is less than guideline maximum - Required is 75 Borrower has 65 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8524592 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE1440 | 2026-04-08 12:18 | 2026-04-20 08:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-HUD for 3F provided confirming XXXX loan paid off. - Due Diligence Vendor-04/20/2026 Ready for Review-Settlement statement showing XXXX- Seller-04/17/2026 Ready for Review-Document Uploaded. 1. • Previously received B1 3H F&C. Missing 12 month pay history for 3H for Borrower 1 ( We received for B2). The property is XXXX which is a concurrent loan (XXXX). Prior to this concurrent refinance, the property was owned F&C. Attached are the same documents already provided (concurrent CD which supports that no liens were paid off and property profile). Since these alone don’t seem to satisfy proof that the property was F&C for the past 12 months, I’ve also attached the preliminary title report and only recorded deed since the borrower acquired the property in XXXX. On the prelim: Sch B, Part I, #19 reflects no liens. The deed is from when the property was transferred from the previous owner to the borrower and this aligns with the information on the property profile. 2. • B2-3F 3Mnths mortgage payments. This property is XXXX. The mortgage is held by XXXX which in now part of XXXX (see screenshot below). These documents were also previously provided. The statements show the property address and that January, February and March payments were made. - Seller-04/17/2026 Counter-#3 is received - Property profile indicates property free & clear Still missing #1 - B1 – 3F – correct address – XXXX– property was refinanced from XXXX but credit report still showing as Open. What would be needed is either HUD/Settlement Statement from refinance or credit supplement showing XXXX paid off. - Due Diligence Vendor-04/17/2026 Counter-Previously received B1 3H F&C. B2-3F 3Mnths mortgage payments. 1. B1 3F-XXXX. 3. Missing 12 month pay history for 3H for Borrower 1 ( We received for B2). - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. 1. I’m confused for item #3 in the first 2 findings. The first sentence states that the documentation was received for 3H to support that it is free/clear (‘received B1 3H F&C’). But then item #3 states ‘Missing 12 month pay history for 3H’. The property profile for B2’s 3H is attached (XXXX) which shows the property is owned free/clear just in case they meant that it was missing for B2. 2. 1) B2, 3B = XXXX. The loan number is at the top of the page that was previously provided showing the payment history which corresponds to the loan number, payment, and balances on the credit report and on the 1003 (see screenshots below). We’ve also attached another document that reflects the address and connects to the same loan number. 2) B1, 3F = XXXX. The loan number is at the top of the page that was provided showing the payment history which corresponds to the loan number, payment, and balances on the credit report and on the 1003 (see screenshots below). We’ve also attached another document that reflects the address and connects to the same loan number - Seller-04/14/2026 Counter-Received B1 3H F&C. B2-3F 3Mnths mortgage payments. 1. MIssing B2 3B-Feb and March payment- Unable to determine property address with document labeled 3b, 3k 2 Need proof of B1 3F-Dec 2025- 3/2026. 3. Missing 12 month pay history for 3H. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. • Need from Borrower - 1003 Property 3H - 12 month mortgage history and mortgage statement verifying P&I payment. – this property was free/clear until concurrent refi occurred as evidenced by the attached property profile. CD for concurrent loan attached (entire package was also sent to investor as loan #XXXX) Housing History Does Not Meet Guideline Requirements • Open-Housing History Does Not Meet Guideline Requirements Need proof mortgage payment has been paid for March 1003 Co-borrower property 3B (Feb & March), 3C and 3K. – these are all XXXX loans. A payment history for each is attached which includes Feb and March payments • Need proof mortgage payments paid for Borrower property 3F - from Dec 2025 to March 2026 or verify paid in full. – Dec payment is reported on credit report under tradeline #9. Statements were provided to reflect Jan-Mar payments (attached) - Buyer-04/10/2026 Open-Housing History Does Not Meet Guideline Requirements Need proof mortgage payment has been paid for March 1003 Co-borrower property 3B (Feb & March), 3C and 3K. Need proof mortgage payments paid for Borrower property 3F - from Dec 2025 to March 2026 or verify paid in full. Need from Borrower - 1003 Property 3H - 12 month mortgage history and mortgage statement verifying P&I payment. - Due Diligence Vendor-04/08/2026 |
Ready for Review-Settlement statement showing XXXX payoff - Seller-04/17/2026 Ready for Review-Document Uploaded. 1. • Previously received B1 3H F&C. Missing 12 month pay history for 3H for Borrower 1 ( We received for B2). The property is XXXX which is a concurrent loan (XXXX). Prior to this concurrent refinance, the property was owned F&C. Attached are the same documents already provided (concurrent CD which supports that no liens were paid off and property profile). Since these alone don’t seem to satisfy proof that the property was F&C for the past 12 months, I’ve also attached the preliminary title report and only recorded deed since the borrower acquired the property in XXXX. On the prelim: Sch B, Part I, #19 reflects no liens. The deed is from when the property was transferred from the previous owner to the borrower and this aligns with the information on the property profile. 2. • B2-3F 3Mnths mortgage payments. This property is XXXX. The mortgage is held by XXXX which in now part of XXXX (see screenshot below). These documents were also previously provided. The statements show the property address and that January, February and March payments were made. - Seller-04/17/2026 Ready for Review-Document Uploaded. 1. I’m confused for item #3 in the first 2 findings. The first sentence states that the documentation was received for 3H to support that it is free/clear (‘received B1 3H F&C’). But then item #3 states ‘Missing 12 month pay history for 3H’. The property profile for B2’s 3H is attached (XXXX) which shows the property is owned free/clear just in case they meant that it was missing for B2. 2. 1) B2, 3B = XXXX. The loan number is at the top of the page that was previously provided showing the payment history which corresponds to the loan number, payment, and balances on the credit report and on the 1003 (see screenshots below). We’ve also attached another document that reflects the address and connects to the same loan number. 2) B1, 3F = XXXX. The loan number is at the top of the page that was provided showing the payment history which corresponds to the loan number, payment, and balances on the credit report and on the 1003 (see screenshots below). We’ve also attached another document that reflects the address and connects to the same loan number - Seller-04/14/2026 |
Resolved-HUD for 3F provided confirming XXXX loan paid off. - Due Diligence Vendor-04/20/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552284 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE0075 | 2026-04-07 18:37 | 2026-04-15 14:00 | Resolved | 1 - Information | C | A | Credit | Eligibility | CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration | Resolved-Received borrowers response . - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. Attached is the borrower’s response to final 1003 declaration question. - Buyer-04/14/2026 Counter-Final 1003 5b f indicate additional debt not disclosed on application. Borrower to document debt. Finding remains. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Cosigners or Guarantor is on debt or a loan not in this application according to the 1003 Declaration • Open-consignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Borrower 1003 - Section 5D (F) - need additional information pertaining to this additional debt not addressed. - Due Diligence Vendor-04/07/2026 – this was checked due to the concurrent refinance of the property at XXXX. Additional documentation is not required. - Buyer-04/10/2026 Open-CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration. Borrower 1003 - Section 5D (F) - need additional information pertaining to this additional debt not addressed. - Due Diligence Vendor-04/07/2026 |
Resolved-Received borrowers response . - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8536204 | ||
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE1206 | 2026-04-08 12:26 | 2026-04-15 13:55 | Resolved | 1 - Information | C | A | Credit | Eligibility | All Interested Parties Not Checked with Exclusionary Lists | Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-04/15/2026 Ready for Review-Document Uploaded. Attached please find the updated XXXX - Buyer-04/14/2026 Counter-Need the borrowing entity and any owners of the entity added to the fraud report and run through all applicable watch lists. - Due Diligence Vendor-04/14/2026 Counter-Receive duplicate fraud report. Fraud report did not include all parties required to meet 7.2 Guideline: Provide documentation to confirm all parties to the transaction such as borrowers, entities holding title and all owners, sellers, realtors, realtor brokerages, closing attorney, lender/originator and loan officer were successfully checked and not included on these lists. For refinances, the borrowers, entities holding title and all owners, closing attorney/title agent, originator and loan officer should be included in the searches. Any high alerts or red flags must be addressed or cleared by the seller. For Business Purpose loans, background checks and watchlist reviews for all interested parties are permitted. Watchlist include: • U.S. General Services Administration (GSA) Excluded Parties List (EPL) • HUD Limited Denial of Participation List (LDP List) • Federal Housing Finance Agency’s (FHFA) Suspended Counterparty Program (SCP) • Office of Foreign Assets Control Sanction’s List (OFAC - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. All Interested Parties Not Checked with Exclusionary Lists • Open-All Interested Parties Not Checked with Exclusionary Lists Need all parties associated with transaction verified through XXXX (Doc in file has 4 parties verified only) - Due Diligence Vendor-04/08/2026 Please advise what was missing on the attached Fraud (XXXX) report which includes the XXXX results for both borrowers, the MLO, the appraiser, the appraisal company, the escrow officer/title agent and the title company. These are found on page 4. - Seller-04/10/2026 Open-All Interested Parties Not Checked with Exclusionary Lists Need all parties associated with transaction verified through XXXX (Doc in file has 4 parties verified only) - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. All Interested Parties Not Checked with Exclusionary Lists • Open-All Interested Parties Not Checked with Exclusionary Lists Need all parties associated with transaction verified through XXXX (Doc in file has 4 parties verified only) - Due Diligence Vendor-04/08/2026 Please advise what was missing on the attached Fraud (XXXX) report which includes the XXXX results for both borrowers, the MLO, the appraiser, the appraisal company, the escrow officer/title agent and the title company. These are found on page 4. - Seller-04/10/2026 |
Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-04/15/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552481 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE0044 | 2026-04-08 12:29 | 2026-04-14 13:57 | Resolved | 1 - Information | C | A | Credit | Eligibility | File does not contain LOX for credit inquiries | Resolved-Received B2 LOX inquiries, addresses the UDM page 1605 reflects XXXX- B1 lox page 930. addresses XXXX application, XXXX inquiry is new liability already reflected on cbr #15 and #3 XXXX REO 3f - Due Diligence Vendor-04/14/2026 Ready for Review-Document Uploaded. this was provided with intial package. Here it is again - Seller-04/13/2026 Counter-Received Lendr response noted in finding. LOX for XXXX could not be located in loan file. Please provide missing LOX. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. File does not contain LOX for credit inquiries • Open-LOX for credit inquiries is missing. Missing full and complete Inquiry letters for both borrowers (as only one account was addressed by borrower in file). - Due Diligence Vendor-04/08/2026 – there were two credit reports pulled by XXXX. The first was pulled on XXXX (for B1). There were no inquiries within 90 days on this report except for the internal pull by XXXX. The 2nd report was pulled on XXXX (for B2). There were two inquiries…one on XXXX which was our internal pull and the other was XXXX. The XXXX liability shows up as tradeline #15 on the credit report therefore additional documentation is not required. It is not customary to obtain LOEs for internal credit pulls as it’s evident what the pull was related to. Our debt monitoring process reflected another inquiry made by B1 on XXXX. The borrower provided a LOE for this inquiry which is what was included in the file. - Buyer-04/10/2026 Open-LOX for credit inquiries is missing. Missing full and complete Inquiry letters for both borrowers (as only one account was addressed by borrower in file). - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. this was provided with intial package. Here it is again - Seller-04/13/2026 |
Resolved-Received B2 LOX inquiries, addresses the UDM page 1605 reflects XXXX- B1 lox page 930. addresses XXXX application, XXXX inquiry is new liability already reflected on cbr #15 and #3 XXXX REO 3f - Due Diligence Vendor-04/14/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552557 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FPRO1136 | 2026-04-08 10:21 | 2026-04-13 13:52 | Resolved | 1 - Information | C | A | Property | Appraisal | Subject property appraisal is not on an as-is basis (Primary Value) | Resolved-Primary Value for Subject Property Appraisal is completed on an As-Is Basis, the 1004D Completion Report is fully or partially present, or Not Applicable - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Subject property appraisal is not on an as-is basis (Primary Value) • Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present Need 1004D from appraiser for inspection to confirm water heater was strapped to meet code. - Due Diligence Vendor-04/08/2026 – Attached appraisal is “as-is”. 1004D is not required for water heater straps. Water heater straps are not required by local codes. XXXX. The subject property is located in seismic zone B. 1004D was provided for recert of value due to age of appraisal (attached). - Buyer-04/10/2026 Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (1004D) is not Present Need 1004D from appraiser for inspection to confirm water heater was strapped to meet code. - Due Diligence Vendor-04/08/2026 |
Resolved-Primary Value for Subject Property Appraisal is completed on an As-Is Basis, the 1004D Completion Report is fully or partially present, or Not Applicable - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8548258 | ||
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE2244 | 2026-04-08 10:21 | 2026-04-13 13:51 | Resolved | 1 - Information | C | A | Credit | Eligibility | Property Does Not Meet Guidelines (credit) | Resolved-Received 1004D on alternate finding and Appraisal with color photos attached. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Property Does Not Meet Guidelines (credit) • Open-Property Issues are identified for the property Need final appraisal with color/original photos - Due Diligence Vendor-04/08/2026 - attached - Seller-04/10/2026 Open-Property Issues are identified for the property Need final appraisal with color/original photos - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. Property Does Not Meet Guidelines (credit) • Open-Property Issues are identified for the property Need final appraisal with color/original photos - Due Diligence Vendor-04/08/2026 - attached - Seller-04/10/2026 |
Resolved-Received 1004D on alternate finding and Appraisal with color photos attached. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8548259 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE1316 | 2026-04-08 11:36 | 2026-04-13 13:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Borrower 1 3rd Party VOE Prior to Close Missing • Open-Borrower 1 3rd Party VOE Prior to Close Missing borrower Verbal VOE within 10 day of closing date. - Due Diligence Vendor-04/08/2026 – VVOE attached - Buyer-04/10/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing borrower Verbal VOE within 10 day of closing date. - Due Diligence Vendor-04/08/2026 |
Resolved-Received VVOE. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8551510 | ||
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE1300 | 2026-04-08 11:36 | 2026-04-13 13:28 | Resolved | 1 - Information | C | A | Credit | Income/Employment | Income 9 Months Income Verified is Missing | Resolved-Received lien search confirming no open liens on reo noted. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. • Missing HOI insurance for property – attached • Need lien report to verify property is owned F&C (as explanation from borrower only is not acceptable). - Due Diligence Vendor-04/08/2026 – attached (3 items) • Missing Tax information for subject – this is a co-op therefore there are not property taxes due. It is included as part of the co-op fees (attached). Income 9 Months Income Verified is Missing • Open-Income 9 Months Income Verified is Missing Borrower 1003 property 3G: - unclear what missing 9 months income means. No rental income was used for this property. - Buyer-04/10/2026 Open-Income 9 Months Income Verified is Missing Borrower 1003 property 3G: Missing HOI insurance for property Missing Tax information for subject Need lien report to verify property is owned F&C (as explanation from borrower only is not acceptable). - Due Diligence Vendor-04/08/2026 |
Resolved-Received lien search confirming no open liens on reo noted. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8551514 | ||
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE7497 | 2026-04-08 12:22 | 2026-04-13 13:24 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing verification of taxes, insurance, and/or HOA fees for non-subject property | Resolved-Received HOI for noted REOs. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. • Need for Co-borrower - 1003 property 3H - proof of HOI premium - Due Diligence Vendor-04/08/2026 - attached - Seller-04/10/2026 Open-Need for borrower - 1003 property 3H - proof of HOI premium Need for Co-borrower - 1003 property 3H - proof of HOI premium - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. • Need for Co-borrower - 1003 property 3H - proof of HOI premium - Due Diligence Vendor-04/08/2026 - attached - Seller-04/10/2026 |
Resolved-Received HOI for noted REOs. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552414 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE5782 | 2026-04-08 12:18 | 2026-04-13 13:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received debt monitoring report. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/09/2026 Open-Borrower 1 Gap Credit Report is Missing Missing Gap Credit report within 10 days of closing. - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/09/2026 |
Resolved-Received debt monitoring report. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552285 | |
| XXXX | XXXX | 10200441 | D | A | D | A | A | A | C | A | Closed | FCRE5783 | 2026-04-08 12:18 | 2026-04-13 13:07 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Gap Credit Report is Missing | Resolved-Received debt monitoring report. - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/09/2026 Open-Borrower 2 Gap Credit Report is Missing Missing Gap Credit report within 10 days of closing. - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/09/2026 |
Resolved-Received debt monitoring report. - Due Diligence Vendor-04/13/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 780 LTV is less than guideline maximum - Required is 80 Borrower has 70 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8552286 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCOM5135 | 2026-04-07 16:47 | 2026-06-01 15:00 | Waived | 2 - Non-Material | B | B | Compliance | Missing Doc | Missing Required Affiliated Business Disclosure | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings - Due Diligence Vendor-04/07/2026 | Waived-Required Affiliated Business Disclosure Missing ----- Client waiver applied to non-material Findings - Due Diligence Vendor-04/07/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 8534548 | |||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1479 | 2026-04-24 10:50 | 2026-04-24 10:57 | Waived | 2 - Non-Material | C | B | Credit | Assets | Asset 1 Does Not Meet Guideline Requirements | Waived-Document Uploaded. Client Waiver applied to Non-Material Finding with Comp Factors. Asset Record 1 Does Not Meet G/L Requirements Exception Request - 5.4.1 Verification of Assets--complete copies of bank statements or investment portfolio statements must be dated within 30 days prior to application date and covering all account activity. - To allow statements dated 34 days from application date ---XXXX (which is outside 30 days of that XXXX application date)---$156451 ending balance - Due Diligence Vendor-04/24/2026 Open-Asset Record 1 Does Not Meet G/L Requirements Exception Request - 5.4.1 Verification of Assets--complete copies of bank statements or investment portfolio statements must be dated within 30 days prior to application date and covering all account activity. - To allow statements dated 34 days from application date ---XXXX (which is outside 30 days of that XXXX application date)---$156451 ending balance - Due Diligence Vendor-04/24/2026 |
Waived-Document Uploaded. Client Waiver applied to Non-Material Finding with Comp Factors. Asset Record 1 Does Not Meet G/L Requirements Exception Request - 5.4.1 Verification of Assets--complete copies of bank statements or investment portfolio statements must be dated within 30 days prior to application date and covering all account activity. - To allow statements dated 34 days from application date ---XXXX (which is outside 30 days of that XXXX application date)---$156451 ending balance - Due Diligence Vendor-04/24/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
DTI: 12% lower than 50% min Reserves (months): 11.89 Months Residual Income: $11671 over MIN Credit History: 0x30 for at least 36 mos Credit Profile: .326 Credit Line Usage ratio |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | Investor Post-Close | No | 8866533 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1197 | 2026-04-09 15:13 | 2026-04-24 10:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited FICO is less than Guideline FICO | Resolved-Received credit report, mid score is 684 - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/10/2026 Open-Audited FICO of is less than Guideline FICO of 680 Fico score cannot be determined since credit report is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Resolved-Received credit report, mid score is 684 - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581980 | ||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1198 | 2026-04-09 15:13 | 2026-04-24 10:54 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Audited Reserves of 34.72 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. exception request and approval - Seller-04/23/2026 Counter-Received XXXX statement dated XXXX (4 copies) to use for reserve requirement, please provide Jan XXXX- Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. 1. We should not need the CPA letter. We have an operating agreement that confirms 51% ownership and we are also applying a 50% expense ratio. Both are in the file. 2. We are not using business assets. The funda re held in a personal account. - Seller-04/20/2026 Counter-Received Business Bank Statement. Missing CPA letter or Asset analysis and Access Letters to meet Guideline. Guideline : The use of business assets for self-employed borrowers for down payment, closing costs and reserves are allowed. The borrowers on the loan must have 50% ownership of the business and must be the owners of the business account. Access letters from the remaining owners of the business must be obtained as well. For non DSCR loans, a letter from a CPA, Third-Party Tax Preparer or borrower must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. If a CPA/Tax Preparer letter is not provided, a cash flow analysis of the business assets and liabilities (balance sheet) must be completed by the Seller to determine if the withdrawal of funds from the business is acceptable. If no balance sheet provided, XXXX will accept a lender cash flow analysis of 12 months business bank statements. Documentation showing sole member entity or sole proprietor is acceptable to indicate 100% ownership - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Counter-Reviewed bank statement provided dated 12/24/25, per GL assets must be dated within 30 days of application date which was XXXX - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. assets - Seller-04/10/2026 Open-Audited Reserves of month(s) are less than Guideline Required Reserves of 3 month(s) Reserves required 3 month, 0 verified. Missing asset verification - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. exception request and approval - Seller-04/23/2026 Ready for Review-Document Uploaded. 1. We should not need the CPA letter. We have an operating agreement that confirms 51% ownership and we are also applying a 50% expense ratio. Both are in the file. 2. We are not using business assets. The funda re held in a personal account. - Seller-04/20/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Ready for Review-Document Uploaded. assets - Seller-04/10/2026 |
Resolved-Audited Reserves of 34.72 month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-04/24/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581981 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE9501 | 2026-04-09 14:51 | 2026-04-24 10:53 | Resolved | 1 - Information | C | A | Credit | Assets | Total Qualified Assets Post-Close is Less than $0 | Resolved-Total Qualified Assets Post-Close are greater than $0. - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. exception request and approval - Seller-04/23/2026 Counter-This condition can be cleared upon receipt of the Jan XXXX (personal account therefore CPA letter not required) - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. 1. We should not need the CPA letter. We have an operating agreement that confirms 51% ownership and we are also applying a 50% expense ratio. Both are in the file. 2. We are not using business assets. The funda re held in a personal account. - Seller-04/20/2026 Counter-Received Business Bank Statement. -Missing CPA letter or Asset analysis and Access Letters to meet Guideline.- Guideline : The use of business assets for self-employed borrowers for down payment, closing costs and reserves are allowed. The borrowers on the loan must have 50% ownership of the business and must be the owners of the business account. Access letters from the remaining owners of the business must be obtained as well. For non DSCR loans, a letter from a CPA, Third-Party Tax Preparer or borrower must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. If a CPA/Tax Preparer letter is not provided, a cash flow analysis of the business assets and liabilities (balance sheet) must be completed by the Seller to determine if the withdrawal of funds from the business is acceptable. If no balance sheet provided, XXXX will accept a lender cash flow analysis of 12 months business bank statements. Documentation showing sole member entity or sole proprietor is acceptable to indicate 100% ownership - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Counter-Received bank statement dated dec XXXX. Per GL, Assets must be dated within 30 days of application date which was XXXX, provide Jan statement - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. assets - Seller-04/10/2026 Open-Total Qualified Assets Post-Close amount is '$-4216.65'. Assets are Insufficient. The loan file is missing funds for closing. The loan file contains two receipts for $4,197.81 and $18.84 equaling $4,216.65 which is funds for closing. However, there are no bank statements verifying the borrower had the funds. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. exception request and approval - Seller-04/23/2026 Ready for Review-Document Uploaded. 1. We should not need the CPA letter. We have an operating agreement that confirms 51% ownership and we are also applying a 50% expense ratio. Both are in the file. 2. We are not using business assets. The funda re held in a personal account. - Seller-04/20/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/14/2026 Ready for Review-Document Uploaded. assets - Seller-04/10/2026 |
Resolved-Total Qualified Assets Post-Close are greater than $0. - Due Diligence Vendor-04/24/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581611 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1325 | 2026-04-09 14:24 | 2026-04-24 10:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-04/24/2026 Counter-Per GL 5.1.5 Business Verification and 5.1.2 Documentation Requirements - both state business verification required from 3rd party. Additional option is: by verifying a phone listing and address for the borrower's business using a telephone book, the internet, or directory assistance. The lender must document the source of the information obtained and the name and title of the lender's employee who completed the verification - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. 1. We should not need the CPA letter. We have an operating agreement that confirms 51% ownership and we are also applying a 50% expense ratio. Both are in the file. 2. We are not using business assets. The funda re held in a personal account. - Buyer-04/20/2026 Counter-Received CPA letter, upon review per GL 5.1.2 the CPA must state they must attest that they have audited the business financial statements or reviewed working papers - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/10/2026 Open-Borrower 1 CPA Letter Missing A CPA letter verifying the borrower's business from a 3rd party is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/10/2026 |
Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-04/24/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581132 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE7806 | 2026-04-09 14:24 | 2026-04-24 10:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received UW Income worksheet - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Docs - Buyer-04/10/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing The lender's Bank Statement Analysis is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Resolved-Received UW Income worksheet - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581133 | ||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1201 | 2026-04-09 14:43 | 2026-04-14 16:51 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Upon further review - XXXX is included in watchlists checked - Pg 26-27 of fraud repoort - Due Diligence Vendor-04/14/2026 Counter-Received Fraud report but did not locate XXXX run for all parties. Please provide page # or provide XXXX - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/13/2026 Open-Missing Third Party Fraud Report A Third Party Fraud report with XXXX verification is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Resolved-Upon further review - XXXX is included in watchlists checked - Pg 26-27 of fraud repoort - Due Diligence Vendor-04/14/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581493 | ||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE1440 | 2026-04-09 14:42 | 2026-04-13 15:29 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/10/2026 Open-Housing History Does Not Meet Guideline Requirements The credit report is missing from the loan file so a satisfactory housing history is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581471 | ||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE5770 | 2026-04-09 14:42 | 2026-04-13 15:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Credit Report is Missing | Resolved-Received borrowers Credit Report, updated liabilities - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/10/2026 Open-Borrower 1 Credit Report is Missing. The borrower's credit report is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Resolved-Received borrowers Credit Report, updated liabilities - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581472 | ||
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE5782 | 2026-04-09 14:42 | 2026-04-13 15:29 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/13/2026 Open-Borrower 1 Gap Credit Report is Missing A GAP credit report is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/13/2026 |
Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581473 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FPRO1257 | 2026-04-09 13:23 | 2026-04-13 15:24 | Resolved | 1 - Information | C | A | Property | Value | Primary Property Value is not Substantiated | Resolved-Received CU and LCA,CU score 1 and validates the appraised value. LCA score is a 3 - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/10/2026 Open-The Primary Property Value is unsubstantiated. Additional valuation product is required. Provide satisfactory valuation report to support appraised value. Additional conditions may apply. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-04/10/2026 |
Resolved-Received CU and LCA,CU score 1 and validates the appraised value. LCA score is a 3 - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8579824 | |
| XXXX | XXXX | 10200507 | D | B | D | B | B | B | C | A | Closed | FCRE0112 | 2026-04-09 14:57 | 2026-04-13 15:23 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Received UW 1008 - Due Diligence Vendor-04/13/2026 Ready for Review-Document Uploaded. 1008 - Seller-04/10/2026 Open-Approval/Underwriting Summary Not Provided. A loan approval and a 1008 Transmittal form is missing from the loan file. - Due Diligence Vendor-04/09/2026 |
Ready for Review-Document Uploaded. 1008 - Seller-04/10/2026 |
Resolved-Received UW 1008 - Due Diligence Vendor-04/13/2026 |
Months Reserves exceed minimum required - Months Reserves 34.72 exceed minimum required Qualifying DTI below maximum allowed - DTI 37.95% |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8581691 | |
| XXXX | XXXX | 10179761 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-04-08 11:07 | 2026-04-22 10:48 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC and CD XXXX. Finding Resolved. - Due Diligence Vendor-04/22/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/20/2026 Counter-Upon further review: Zero (0%) tolerance fees increased by $1,057.50 (Appraisal Re-Inspection Fee increased $120.00 & Rate Lock Extension Fee increased by $937.50) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $1,057.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. - Due Diligence Vendor-04/17/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,257.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Zero (0%) tolerance fees increased by $1,257.50 (Title - Abstract or Title Search Fee, Discount Points, Rate Lock Extension Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $1,257.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/08/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/20/2026 |
Resolved-Received COC and CD XXXX. Finding Resolved. - Due Diligence Vendor-04/22/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.15 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 787 LTV is less than guideline maximum - Required is 80 Borrower has 62.5 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8549491 | |
| XXXX | XXXX | 10179761 | D | A | D | A | C | A | A | A | Closed | FCRE7807 | 2026-04-08 17:28 | 2026-04-20 10:08 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 2 Bank Statement Summary/Lender Worksheet is Missing | Resolved- Bank Statement Summary/Lender Worksheet was provided. - Due Diligence Vendor-04/20/2026 Ready for Review-Document Uploaded. WS - Buyer-04/16/2026 Open-The Borrower 2 Bank Statement Summary/Lender Worksheet is Missing The lender's bank statement analysis is missing from the loan file. - Due Diligence Vendor-04/08/2026 |
Resolved- Bank Statement Summary/Lender Worksheet was provided. - Due Diligence Vendor-04/20/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 33.15 Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 787 LTV is less than guideline maximum - Required is 80 Borrower has 62.5 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8558364 | ||
| XXXX | XXXX | 10284720 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10217428 | D | A | D | A | C | A | A | A | Closed | FCRE1506 | 2026-04-14 19:48 | 2026-04-17 13:20 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received HOI policy - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Please see attacehd HOI with premiums of $4579. - Buyer-04/16/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Need to verify HOI premiums for each policy to match monthly amount with payment letter - Due Diligence Vendor-04/14/2026 |
Resolved-Received HOI policy - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 753 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.46 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8664256 | ||
| XXXX | XXXX | 10217428 | D | A | D | A | C | A | A | A | Closed | FCRE1440 | 2026-04-14 19:31 | 2026-04-17 13:17 | Resolved | 1 - Information | C | A | Credit | Eligibility | Housing History Does Not Meet Guideline Requirements | Resolved-Received confirmation 3b mtg paid through Feb meeting requirements of 4.2.5 - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Please see attached P/O statement good through XXXX - Seller-04/16/2026 Open-Housing History Does Not Meet Guideline Requirements 1003 - Property 3B - need mortgage statement to verify March 2026 payment paid as agreed. - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. Please see attached P/O statement good through XXXX- Seller-04/16/2026 |
Resolved-Received confirmation 3b mtg paid through Feb meeting requirements of 4.2.5 - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 753 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.46 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8663913 | |
| XXXX | XXXX | 10217428 | D | A | D | A | C | A | A | A | Closed | FCRE1158 | 2026-04-14 17:51 | 2026-04-17 13:09 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Partial | Resolved-Received FAIR plan policy. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Please see attacehd HOI with premiums of $4579. - Buyer-04/16/2026 Open-Hazard Insurance Policy (Or HO-6 Insurance Policy if Subject Property is a Condo) is only Partially Provided Need clarification of both HOI premiums for subject property, as final CD shows monthly payment of HOI is $613.67 but premiums provided in file total less than this amount. Need policy and premium details. - Due Diligence Vendor-04/14/2026 |
Resolved-Received FAIR plan policy. - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 753 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.46 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8662544 | ||
| XXXX | XXXX | 10217428 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-04-14 12:53 | 2026-04-17 09:53 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received LE XXXX and COC. Finding Resolved. - Due Diligence Vendor-04/17/2026 Ready for Review-Document Uploaded. Please see attached revised LE. - Seller-04/16/2026 Counter-Received COC XXXX for increase in appraisal fee. Please provide the LE/CD that corelates to that COC within 3 days. Finding Remains. - Due Diligence Vendor-04/16/2026 Ready for Review-Document Uploaded. Please see attached COC. - Seller-04/15/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $25.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Zero (0%) tolerance fees increased by $25.00 (Appraisal Fee) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $25.00, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/14/2026 |
Ready for Review-Document Uploaded. Please see attached revised LE. - Seller-04/16/2026 Ready for Review-Document Uploaded. Please see attached COC. - Seller-04/15/2026 |
Resolved-Received LE XXXX and COC. Finding Resolved. - Due Diligence Vendor-04/17/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 753 LTV is less than guideline maximum - Required is 80 Borrower has 75 Qualifying DTI below maximum allowed - Required is 50 Borrower has 38.46 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8656285 | |
| XXXX | XXXX | 10220108 | D | B | D | B | A | A | A | A | Closed | FCOM1352 | 2026-04-15 09:28 | 2026-04-24 14:35 | Resolved | 1 - Information | D | A | Credit | Missing Doc - Credit | Business Purpose Affidavit/Disclosure Missing | Resolved-Received confirmation no business purpose affidavit as file contains occupancy certification. - Due Diligence Vendor-04/24/2026 Ready for Review-Per UW: "This is not a business purpose loan. Title is vested in the borrower's name and not in the business name. No Business Purpose Affidavit Disclosure required. Please waive this condition." - Seller-04/23/2026 Open-The Business Purpose Affidavit Disclosure is Missing All investment occupancy loans are considered business purpose transactions and require the borrower to acknowledge the loan is a business purpose loan by completing and signing the appropriate sections of the Borrower Certification of Business Purpose form in this guide. - Due Diligence Vendor-04/15/2026 |
Ready for Review-Per UW: "This is not a business purpose loan. Title is vested in the borrower's name and not in the business name. No Business Purpose Affidavit Disclosure required. Please waive this condition." - Seller-04/23/2026 |
Resolved-Received confirmation no business purpose affidavit as file contains occupancy certification. - Due Diligence Vendor-04/24/2026 |
Long term residence - The borrower had resided at his primary residence for 23 years Months Reserves exceed minimum required - reserves required is 3 months. borrower has 18.73 months On time mortgage history exceeds guideline requirement - Borrower has 0x30x18 months mortgage history, guides allow up to 1x30x12 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8675379 | ||
| XXXX | XXXX | 10220108 | D | B | D | B | A | A | A | A | Closed | FCRE1194 | 2026-04-14 23:50 | 2026-04-15 11:09 | Waived | 2 - Non-Material | B | B | Credit | Eligibility | Audited LTV Exceeds Guideline LTV | Waived-Originator waiver applied to non-material finding. Program allows up to 80% LTV on c/o refinances. - Due Diligence Vendor-04/15/2026 Open-Audited LTV of 80% exceeds Guideline LTV of 70% Lender exception to allow 80% LTV on P&L program with 2 months of business bank statements to support the qualifying income. No compensating factors were provided on the exception request/approval form. - Due Diligence Vendor-04/15/2026 |
Waived-Originator waiver applied to non-material finding. Program allows up to 80% LTV on c/o refinances. - Due Diligence Vendor-04/15/2026 |
Long term residence - The borrower had resided at his primary residence for 23 years Months Reserves exceed minimum required - reserves required is 3 months. borrower has 18.73 months On time mortgage history exceeds guideline requirement - Borrower has 0x30x18 months mortgage history, guides allow up to 1x30x12 months. |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | Originator Post-Close | Yes | 8666211 | |||
| XXXX | XXXX | 10224726 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10217417 | D | A | D | A | A | A | A | A | Closed | FCRE1964 | 2026-04-17 11:52 | 2026-04-24 15:23 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Missing income documentation | Resolved-File contains 2 business narratives both dated XXXX and signed by the borrower. The narrative that reflects the loan(narrative to be considered complete) was used to determine the expense factor. - Due Diligence Vendor-04/24/2026 Open-Business bank statement expense factor is 65% per borrower on business narrative. Lender uses 50%. Missing supporting documentation from lender supporting 50%. If using a 65% expense factor this would raise the DTI to 52%. - Due Diligence Vendor-04/17/2026 |
Resolved-File contains 2 business narratives both dated XXXX and signed by the borrower. The narrative that reflects the loan(narrative to be considered complete) was used to determine the expense factor. - Due Diligence Vendor-04/24/2026 |
On time mortgage history exceeds guideline requirement - 0x30x56 Long term residence - Borrower at primary 14 years per 1003 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 756 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8738312 | |||
| XXXX | XXXX | 10217417 | D | A | D | A | A | A | A | A | Closed | FCRE0200 | 2026-04-17 14:16 | 2026-04-21 15:56 | Resolved | 1 - Information | C | A | Credit | Debt | Missing proof of liability not disclosed on credit report | Resolved-Received LOE, lender used the fully amortized payment and disclosed as other. - Due Diligence Vendor-04/21/2026 Ready for Review-Please see UW notes on 1008 transmittal summary: "Other in PITIA is difference of fully amortized pmt." - Seller-04/20/2026 Open-Final 1003 shows a monthly expense of $849.14 for the subject property which was not found. Lender to confirm and provide supporting docs for this amount. Audit used full loss appearing on the 1008. - Due Diligence Vendor-04/17/2026 |
Ready for Review-Please see UW notes on 1008 transmittal summary: "Other in PITIA is difference of fully amortized pmt." - Seller-04/20/2026 |
Resolved-Received LOE, lender used the fully amortized payment and disclosed as other. - Due Diligence Vendor-04/21/2026 |
On time mortgage history exceeds guideline requirement - 0x30x56 Long term residence - Borrower at primary 14 years per 1003 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 756 |
ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | N/A | N/A | 8742710 | ||
| XXXX | XXXX | 10210117 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-04-17 15:29 | 2026-04-21 16:17 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-04/21/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/20/2026 Open-Borrower 1 Gap Credit Report is Missing Missing required gap report / credit refresh obtained within 10 days prior to closing. - Due Diligence Vendor-04/17/2026 |
Resolved-Received Borrower 1 Gap Credit Report - Due Diligence Vendor-04/21/2026 |
Residual Income =/> 1.5 times $3,500 monthly residual income - Residual Income: $40,644.15 Min. $1500 Qualifying DTI below maximum allowed - Required is 50 Borrower has 21.12 Qualifying FICO score is at least 20 points above minimum for program - Required is 700 Borrower has 766 Months Reserves exceed minimum required - Reserves: 11 Min 3 |
XXXX | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8744310 | ||
| XXXX | XXXX | 10262945 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE0112 | 2026-04-21 15:17 | 2026-04-24 13:22 | Resolved | 1 - Information | C | A | Credit | Eligibility | Approval/Underwriting Summary Not Provided_3 | Resolved-Received 1008 - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Documents - Seller-04/22/2026 Open-Approval/Underwriting Summary Not Provided. Missing Underwriting Transmittal Summary form 1008 and/or approval with conditions cleared. - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. Supporting Documents - Seller-04/22/2026 |
Resolved-Received 1008 - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8803176 | |
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE7806 | 2026-04-21 14:42 | 2026-04-24 13:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Bank Statement Summary/Lender Worksheet is Missing | Resolved-Received Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/22/2026 Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing lender calculation worksheet for borrower qualified with 12 month's business bank statements. - Due Diligence Vendor-04/21/2026 |
Resolved-Received Bank Statement Summary/Lender Worksheet - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8802296 | ||
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE1316 | 2026-04-21 14:42 | 2026-04-24 13:21 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 3rd Party VOE Prior to Close Missing | Resolved-Received VVOE - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/23/2026 Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing Independent Verification of Business for Self-Employed borrower. - Due Diligence Vendor-04/21/2026 |
Resolved-Received VVOE - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8802294 | ||
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE1198 | 2026-04-22 07:19 | 2026-04-24 13:19 | Resolved | 1 - Information | C | A | Credit | Eligibility | Audited Reserves are less than Guideline Required Reserves (Number of Months) | Resolved-Received updated bank statement - sufficient assets - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. This loan was underwritten and approved by XXXX and they did not request for March statement to verify reserves. February statement attached. - Seller-04/22/2026 Open-Audited Reserves of 5.07 month(s) are less than Guideline Required Reserves of 6 month(s) Provide sufficient assets to support 6 months reserves. - Due Diligence Vendor-04/22/2026 |
Ready for Review-Document Uploaded. This loan was underwritten and approved by XXXX and they did not request for March statement to verify reserves. February statement attached. - Seller-04/22/2026 |
Resolved-Received updated bank statement - sufficient assets - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8813878 | |
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE1495 | 2026-04-21 15:26 | 2026-04-24 13:18 | Resolved | 1 - Information | C | A | Credit | QM-ATR | ATR: Current Employment Not Verified | Resolved-Received VVOE - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/22/2026 Open-ATR: Current Employment Not Verified Missing documentation which confirms borrower's ownership, business existence, corporate documents and status with regulating agency of XXXX. Other findings may apply. - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/22/2026 |
Resolved-Received VVOE - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8803376 | |
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE1506 | 2026-04-21 15:26 | 2026-04-24 13:18 | Resolved | 1 - Information | C | A | Credit | QM-ATR | Invalid Final QM Status - ATR/QM: Status Pending | Resolved-Received all income, asset, credit docs - Due Diligence Vendor-04/24/2026 Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Status pending due to missing income documents and subject to validation. - Due Diligence Vendor-04/21/2026 |
Resolved-Received all income, asset, credit docs - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8803378 | |||
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE1201 | 2026-04-21 15:01 | 2026-04-24 13:16 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Third Party Fraud Report not Provided | Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/22/2026 Open-Missing Third Party Fraud Report Missing required fraud report reflecting all high alerts have been cleared, with satisfactory scores. - Due Diligence Vendor-04/21/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/22/2026 |
Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8802769 | |
| XXXX | XXXX | 10217418 | D | A | D | A | A | A | A | A | Closed | FCRE5782 | 2026-04-21 15:00 | 2026-04-24 13:12 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 Gap Credit Report is Missing | Resolved-Received Borrower 1 Gap Credit Report. - Due Diligence Vendor-04/24/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/22/2026 Open-Borrower 1 Gap Credit Report is Missing Missing required gap report / credit refresh obtained within 10 days prior to closing. - Due Diligence Vendor-04/21/2026 |
Resolved-Received Borrower 1 Gap Credit Report. - Due Diligence Vendor-04/24/2026 |
Qualifying DTI below maximum allowed - Required is 50 Borrower has 14.85 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 LTV is less than guideline maximum - Required is 80 Borrower has 60.94 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | No Cash Out - Borrower Initiated | N/A | N/A | 8802752 | ||
| XXXX | XXXX | 10256767 | A | A | A | A | A | A | A | A | A | A | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Primary Residence | Purchase | NA | ||||||||||||||||||
| XXXX | XXXX | 10200486 | D | A | D | A | C | A | A | A | Closed | FCRE1157 | 2026-04-27 12:30 | 2026-04-29 15:30 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Hazard Insurance Policy is Missing | Resolved-Received Hazard Insurance Policy - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. Please see attached HOI. - Buyer-04/28/2026 Open-Missing Hazard Insurance Policy - Due Diligence Vendor-04/27/2026 |
Resolved-Received Hazard Insurance Policy - Due Diligence Vendor-04/29/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 67.12 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 8897077 | ||
| XXXX | XXXX | 10200486 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-04-27 10:26 | 2026-04-29 09:49 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. Please see attached COC. - Buyer-04/28/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $714.21.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). ----- Zero (0%) tolerance fees increased by $714.21 (Discount Points, Appraisal fee, Appraisal Review Fee) without a valid COC in file. Final Cd provided a $65 credit for increases in closing costs above the legal limit. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $644.21, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/27/2026 |
Resolved-Received COC for increase in fees. Finding Resolved. - Due Diligence Vendor-04/29/2026 |
LTV is less than guideline maximum - Required is 80 Borrower has 67.12 Qualifying FICO score is at least 20 points above minimum for program - Required is 680 Borrower has 722 |
XXXX | QM: Safe Harbor APOR (APOR SH) | QM: Safe Harbor APOR (APOR SH) | XXXX | XX | Second Home | Refinance | Cash Out - Other | N/A | N/A | 8890357 | ||
| XXXX | XXXX | 10256774 | D | A | D | A | C | A | A | A | Closed | finding-3367 | 2026-04-27 12:52 | 2026-05-05 08:52 | Resolved | 1 - Information | C | A | Compliance | Disclosure | RESPA Homeownership Counseling Organizations Disclosure Date Test | Resolved-Received HOC issued XXXX. Timing requirements met. - Due Diligence Vendor-04/29/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/28/2026 Open-This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations. -----Please provide Homeownership Counseling Disclosure provided to borrower within three business days of application date. Statute of Limitations - X Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/27/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/28/2026 |
Resolved-Received HOC issued XXXX. Timing requirements met. - Due Diligence Vendor-04/29/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 706 Required is 660 Borrower has 706 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8897545 | |
| XXXX | XXXX | 10256774 | D | A | D | A | C | A | A | A | Closed | finding-3634 | 2026-04-27 12:52 | 2026-05-05 08:52 | Resolved | 1 - Information | C | A | Compliance | TRID | Charges That Cannot Increase Test | Resolved-Received LOE that title fees in Section C although affiliate of lender, was chosen by the borrower. Finding Resolved. - Due Diligence Vendor-05/05/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-05/01/2026 Counter-The payee for title fees are listed on the Affiliated Business Disclosure form. Please verify the borrower chose them by chance or was given a list to chose from? Being an affiliate of the lender is causing the 0 tolerance finding. - Due Diligence Vendor-05/01/2026 Ready for Review-Document Uploaded. Supporting Document - Buyer-04/28/2026 Open-This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $847.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). -----Zero (0%) tolerance fees increased by $847.50 (Courier/Messenger Fee, Notary Fee, Recording Service Fee, Settlement Fee, Sub-Escrow Fee, Title Escrow Service Fee, Wire Transfer Fee ) without a valid COC in file. Provide a valid and timely COC for increase OR evidence of refund to borrower or principal reduction in the amount of $847.50, post-close CD, LOE and evidence of delivery to borrower within 60 days of consummation date. Statute of Limitations - 3 Year(s); Expiration Date: XXXX. - Due Diligence Vendor-04/27/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-05/01/2026 |
Resolved-Received LOE that title fees in Section C although affiliate of lender, was chosen by the borrower. Finding Resolved. - Due Diligence Vendor-05/05/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 706 Required is 660 Borrower has 706 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8897546 | |
| XXXX | XXXX | 10256774 | D | A | D | A | C | A | A | A | Closed | FCRE1325 | 2026-04-28 08:33 | 2026-05-01 12:31 | Resolved | 1 - Information | D | A | Credit | Missing Doc | Borrower 1 CPA Letter Missing | Resolved-Received CPA letter. - Due Diligence Vendor-05/01/2026 Ready for Review-Document Uploaded. Supporting Document - Seller-04/29/2026 Open-Borrower 1 CPA Letter Missing Need to document third party license information for CPA - Due Diligence Vendor-04/28/2026 |
Ready for Review-Document Uploaded. Supporting Document - Seller-04/29/2026 |
Resolved-Received CPA letter. - Due Diligence Vendor-05/01/2026 |
Qualifying FICO score is at least 20 points above minimum for program - Required is 660 Borrower has 706 Required is 660 Borrower has 706 LTV is less than guideline maximum - Required is 80 Borrower has 65 Required is 80 Borrower has 65 |
XXXX | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | XXXX | XX | Primary Residence | Refinance | Cash Out - Other | N/A | N/A | 8916341 | |
| XXXX | XXXX | 10233140 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other | ||||||||||||||||||
| XXXX | XXXX | 10268875 | A | A | A | A | A | A | A | A | A | A | ATR/QM: Exempt | ATR/QM: Exempt | XXXX | XX | Investment | Refinance | Cash Out - Other |