Exhibit 99.9
| |
| Exception Grades |
| Run Date - 7/7/2026 9:46:34 PM |
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| 225879660 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. |
Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-28): AIO agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Original appraisal doen x/xx/xxxx, no proof of delivery of this appraisal Seller Comment (2025-01-28): appraisal delivery |
No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-01-29): Received additional documents | 01/29/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Asset | Document Error | Asset | Gift Funds reflected on HUD, however supporting documentation was not found in file. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): gift |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): appraisal delivery |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | TILA | Right of Rescission Not Provided - Purchase HELOC | Truth in Lending Act: Notice of Right to Cancel was not provided at account opening on a HELOC Residential Mortgage Transaction (entire line drawn at account opening for purchase of a dwelling). HELOC Plan is subject to rescission until a Notice of Right to Cancel is provided and the rescission period expires. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to cancel |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | LOE, reopen rescission (new NORTC and new 3- day rescission period) and proof of receipt |
D | B | D | A | C | B | A | A | Yes | |||||||||||||||
| 225879660 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): purchase agreement |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): title |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879660 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): x months statement from (REDACTED) with $xxxk in assets, money market account Reviewer Comment (2025-01-29): Assets upated Reviewer Comment (2025-01-29): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $x.xx is less than Guideline Available for Reserves of $xx,xxx.xx. Seller Comment (2025-01-28): assets |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): brochure |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879660 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): important terms |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879660 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Guidelines require x months of statements, only x month provided | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): (REDACTED) xxxx statements from (REDACTED) and (REDACTED) Seller Comment (2025-02-07): (REDACTED) xxxx statements from (REDACTED) xxxx through (REDACTED) xxxx |
02/08/2025 | No | 1 | A | A | A | A | A | TX | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879661 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | No | 1 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.22000% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $150,000.00 vs. an investor allowable total of $4,500.00 (an overage of $330.00 or .22000%). | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Yes | |||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | No | 2 | B | B | B | B | B | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||||
| 225879661 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval not available in file. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Notice of right to cancel |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879661 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879661 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No bank statements provided. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. | Reviewer Comment (2025-01-30): Received additional documents | 01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | Missing Application Date | Missing Initial Loan Application Test | No evidence of application date located in file. Compliance tests were run using an application date of 09/15/2024 which is 1 months prior to consummation. A lookback was performed to determine this application date. | Reviewer Comment (2025-01-30): Received additional documents | 01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879661 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Brochure |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879661 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | A | A | A | A | A | IL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | TILA | Right of Rescission Not Provided - Purchase HELOC | Truth in Lending Act: Notice of Right to Cancel was not provided at account opening on a HELOC Residential Mortgage Transaction (entire line drawn at account opening for purchase of a dwelling). HELOC Plan is subject to rescission until a Notice of Right to Cancel is provided and the rescission period expires. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | LOE, reopen rescission (new NORTC and new 3-day rescission period) and proof of receipt | D | B | D | A | D | B | A | A | Yes | |||||||||||||||||
| 225879662 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-06): Received Seller Comment (2025-02-05): REO docs |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879662 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879662 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): purchase agreement |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879662 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees om HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): AIO agreement and fees |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): brochure |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879662 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): important terms |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879662 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-28): AIO agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. |
Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||||
| 225879663 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-02-07): Received HOA docs Seller Comment (2025-02-05): HOA evidence Reviewer Comment (2025-01-29): Missing HOA documentation or documentation showing no HOA Reviewer Comment (2025-01-29): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: HOA Verification, Insurance Verification, Lease Agreement, Statement, Tax Verification Statement Seller Comment (2025-01-28): REO docs |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided | Reviewer Comment (2025-02-07): Received ARM rider Seller Comment (2025-02-05): ARM rider Reviewer Comment (2025-01-29): Not received Seller Comment (2025-01-28): arm rider |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): appraisal delivery |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to receive copy of appraisal |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Tax Advisor Statement Missing | Truth in Lending Act (HELOC): Creditor did not provide statement that the consumer should consult a tax advisor. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-05): section xx |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Completed Loan Application Not Provided At Least 1 Business Day Prior to Closing) | Texas Constitution Section 50(a)(6): Texas Cash-out Loan. Borrower was not provided copy of Application 1 day prior to closing. | Reviewer Comment (2025-02-07): Received esign showing completed and sent Seller Comment (2025-02-05): completed application Reviewer Comment (2025-01-29): Received esign disclosures, shows application sent x/xx/xx, this does not indicate if it is completed application Seller Comment (2025-01-28): application delivered |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. |
C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879663 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Provided) | Texas Constitution Section 50(a)(6): Borrower did not receive written "Acknowledgment of the Fair Market Value" of homestead property securing loan. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): fair market value |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy; OR, (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. |
C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879663 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided) | Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): proof disclosed x day prior Reviewer Comment (2025-02-07): Provide proof disclosed x day prior to closing. Seller Comment (2025-02-05): AIO agreement and fees Reviewer Comment (2025-01-29): Not provided for review Seller Comment (2025-01-28): points and fees |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. |
C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879663 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Points and Fees Exceeds 2% of Original Principal Balance) | Texas Constitution Section 50(a)(6): Points and fees on subject loan of 2.32359% is in excess of the allowable maximum of 2.0000% of the Original Line Limit. Points and Fees total $xxxxx on an Original Line Limit of $488,200.00 vs. an allowable total of $9,764.00 (an overage of $1,579.75 or 0.32359%.) | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-13): memo Reviewer Comment (2025-02-07): Provide discount point worksheet Seller Comment (2025-02-07): (REDACTED) Seller Comment (2025-02-07): breakdown |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund the borrower, or credit their account, an amount equal to any overcharge paid by the borrower. (Provide Proof of Delivery, LOE, and Copy of Check. [A servicing screen print can be provided in place of a check when a credit is applied to the borrowers account.]) | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879663 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI exceeds guidelines limit | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): final xxxx |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): received Seller Comment (2025-01-28): loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879663 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Guidelines require reserves in the amount of xx% of line amount; however, there are no assets provided in file. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879663 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879663 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) | Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): document executed |
02/07/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. | C | B | C | A | C | B | A | A | Yes | ||||||||||||||||||||
| 225879663 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on 11/22/2024, prior to three (3) business days from transaction date of 11/20/2024. | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-11): final closing statement shows disbursement date of xx/xx Reviewer Comment (2025-02-07): EXCEPTION HISTORY - Exception Detail was updated on xx/xx/xxxx PRIOR Exception Detail: Truth in Lending Act: Subject loan transaction disbursed on xx/xx/xxxx, prior to three (x) business days from transaction date of xx/xx/xxxx xx:xx:xx AM. Reviewer Comment (2025-02-07): Need proof of disbursement date Seller Comment (2025-02-05): right to cancel |
02/17/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | ||||||||||||||||||||
| 225879663 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Guidelines require x months of statements | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-12): x months (REDACTED) (REDACTED) account statements Reviewer Comment (2025-02-07): EXCEPTION HISTORY - Exception Detail was updated on xx/xx/xxxx PRIOR Exception Detail: Financial Institution: (REDACTED) // Account Type: Checking / Account Number: xxxx, Financial Institution: (REDACTED) (REDACTED) // Account Type: (REDACTED)/ Account Number: ???? Reviewer Comment (2025-02-07): Missing x month for (REDACTED) account, only have x/xto x/xx provided Seller Comment (2025-02-05): Assets |
02/17/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879663 | Credit | Security Instrument | Document Error | Security Instrument | The Security Instrument ARM Rider does not contain fallback language. | Index: ___ | Reviewer Comment (2025-02-07): Language is included within the HELOC agreement | 02/07/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.15482% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $525,000.00 vs. an investor allowable total of $15,750.00 (an overage of $812.81 or .15482%). | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | D | A | D | B | A | A | Yes | |||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879664 | Compliance | Compliance | State Compliance | Misc. State Level | Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided Timely) | Washington HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (3) business days of receipt of the loan application. | Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (x) business days of receipt of the loan application. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Reviewer Comment (2025-02-21): Loan closed x/x/xxxx Reviewer Comment (2025-02-08): HELOC dated x/x/xxxx, but signed on x/x/xxxx Seller Comment (2025-02-07): CREDIT AGREEMENT |
02/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879664 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | Reviewer Comment (2025-02-13): Signed at closing Seller Comment (2025-02-12): Signed Bill of Rights on pg xx Reviewer Comment (2025-02-07): Proof of receipt has been provided, but proof of delivery showing received timely has not been provided Seller Comment (2025-02-06): Billing Rights pg xx |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879664 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-06): Received additional docs Seller Comment (2025-01-31): purchase Agreement |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879664 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional docs Seller Comment (2025-01-31): Approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879664 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-02-06): Received additional docs Seller Comment (2025-01-31): REO HOA |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879664 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. | Reviewer Comment (2025-02-10): Updated input Seller Comment (2025-02-10): Please let (REDACTED) know how you calculated the income |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879664 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional docs Seller Comment (2025-01-31): Addendum statement |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879664 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879666 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-28): AIO agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879666 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Coverage of at least xx% of the Estimated Cost New is required. $xxx,xxx x xx% = $xxx,xxx.xx. Coverage amount of $xxx,xxx is $xx,xxx.xx short of the minimum xx% required. | Borrower has verified disposable income of at least $2500.00. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-08): Buyer to review Seller Comment (2025-02-07): We have been advised that your company requires hazard insurance equal to xxx% of the insurable value of the improvements. Licensing agreements prohibit us from sharing specific information regarding the estimated replacement cost of a customer's home. (REDACTED) policies that include Option ID (or endorsement xx-xxxx in (REDACTED)) are insured for a coverage amount that is at least equal to xxx% of the estimated replacement cost of the home. Please refer to your copy of the policy declarations page to confirm whether Option ID has been activated on the below policy and for specific coverage information. |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||
| 225879666 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | Borrower has verified disposable income of at least $2500.00. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-01-29): Buyer to review Note date is xx/xx/xxxx Seller Comment (2025-01-28): loan funded xx/xx/xxxx |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||
| 225879666 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received Seller Comment (2025-01-28): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879666 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879666 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | |||||||||||||||
| 225879666 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Assets provided on the final xxxx are not located in the file. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879666 | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): FACTA |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879666 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-29): Received final signed closing statement Seller Comment (2025-01-28): hud addendum fees |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879666 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Prepaid Interest From Date from HUD-1 or final closing disclosure of 09/18/2024 used as disbursement date for compliance testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible valuation was provided. Sec ID: 179 | Reviewer Comment (2025-02-21): received initial application Seller Comment (2025-02-18): initial application date x/xxxx Reviewer Comment (2025-01-30): Appraisal is dated prior to application date Seller Comment (2025-01-29): appraisal |
02/21/2025 | No | 1 | D | A | D | A | D | A | A | D | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879667 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2025-02-06): RECEIVED INSPECTION REPORT Seller Comment (2025-02-06): DAIR Reviewer Comment (2025-01-30): Not received Seller Comment (2025-01-29): DAIR |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879667 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-30): Received approval Seller Comment (2025-01-29): loan approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879667 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided) | Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. | Reviewer Comment (2025-02-13): Received proof of delivery Seller Comment (2025-02-12): IDS for fees disclosed x business day prior to closing Reviewer Comment (2025-01-30): Received closing statement, unable to determine borrower receipt date Seller Comment (2025-01-29): HUD fees |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-07): correct doc. Sorry Reviewer Comment (2025-02-06): RTC not provided, only TX election not to rescind provided Seller Comment (2025-02-05): notice of right to cancel Reviewer Comment (2025-01-30): Not received Seller Comment (2025-01-29): right to cancel |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879667 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when DTI exceeds xx% | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-29): assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879667 | Credit | Security Instrument | Document Error | Security Instrument | The Security Instrument ARM Rider does not contain fallback language. | Index: ___ | Reviewer Comment (2025-02-07): Language is included within the HELOC agreement Reviewer Comment (2025-01-30): ARM rider does not contain fallback language should the index no longer be available Seller Comment (2025-01-29): security instrument recorded |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879667 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on 09/18/2024, prior to three (3) business days from transaction date of 09/18/2024. | Signature date of x/xx/xxxx and expiration date is x/xx/xxxx | Reviewer Comment (2025-03-07): Rescission was re-opened and LO met with the borrowers in person and obtained a wet signature of xx/xx/xx for both borrowers on new RTC with xx/xx/xx rescission expiration date. Reviewer Comment (2025-03-07): Received signed RTC, please provide proof of delivery and LOE to borrower to complete the cure Seller Comment (2025-03-05): corrected notice of right to cancel |
03/07/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||||||
| 225879667 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Signature date of x/xx/xxxx and expiration date is x/xx/xxxx | Reviewer Comment (2025-03-07): Rescission was re-opened and LO met with the borrowers in person and obtained a wet signature of xx/xx/xx for both borrowers on new RTC with xx/xx/xx rescission expiration date. Reviewer Comment (2025-03-07): Received signed RTC, please provide proof of delivery and LOE to borrower to complete the cure Seller Comment (2025-03-05): corrected notice of right to cancel |
03/07/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | Missing Disclosure | Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. | The file contains the Notice of Special Flood Hazard Disclosure; however, the disclosure is not signed. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): notice of right to cancel Reviewer Comment (2025-02-04): RTC received is not for this borrower Seller Comment (2025-02-03): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879668 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | The application reflects the borrower has additional income of $x,xxx.xx per month; however, the application only reflects "Other" and there is no documentation to confirm what the "other" income consists of. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): per xxxx comments underwriter applied asset depletion to offset schedule C loss other income is from asset depletion Reviewer Comment (2025-02-04): Nothing provided for additional income Seller Comment (2025-02-03): Letter of exp |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879668 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing verification of the property taxes, hazard insurance, HOA (if applicable) and documentation to support the property located on (REDACTED) is owned free and clear. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): REO docs for xxxxx (REDACTED) Reviewer Comment (2025-02-04): Missing documents for investment property at xxxxx (REDACTED) trail Seller Comment (2025-02-03): Policies paid in full |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879668 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2025-02-21): received inspection Seller Comment (2025-02-20): date of inspection added Reviewer Comment (2025-02-20): Received inspection report, however it is missing date of inspection. Signature date is x/xx/xx however, second page is from original appraisal showing x/xx/xxxx. Please provide completed inspection report with date of inspection provided. Seller Comment (2025-02-18): DAIR dated x/xx/xxxx |
02/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879668 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The guidelines require reserves of xx% of the full loan amount. The application reflects assets of $xxx,xxx.xx; however, the file does not contain any asset documentation. | Reviewer Comment (2025-02-04): Received additional documents Seller Comment (2025-02-03): assets |
02/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879668 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-04): received Seller Comment (2025-02-03): approval |
02/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879668 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The credit report reflects the following mortgages: #xxxx with a payment of $x,xxx; #xxxx with a payment of $x,xxx; #xxxx with a payment of $xxx. The application reflects these mortgages are associated with the properties that are owned by the borrowers' business; however, the file is missing documentation to verify the mortgages are in fact associated with those properties and are paid by the business. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): business bank statement showing mortgage payments made from business account Reviewer Comment (2025-02-04): missing xx months of payment history, paid by business in order to be excluded from DTI Seller Comment (2025-02-03): Business pays mortgages |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879668 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount. The application reflects assets of $xxx,xxx.xx; however, the file does not contain any asset documentation. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): asset statements Reviewer Comment (2025-02-04): Updated input based on trailing docs Reviewer Comment (2025-02-04): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $x.xx is less than Guideline Available for Reserves of $xx,xxx.xx. Seller Comment (2025-02-03): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-04): Received additional documents Seller Comment (2025-02-03): brochure |
02/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879668 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-04): Received additional documents Seller Comment (2025-02-03): Important terms |
02/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879668 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Reviewer Comment (2025-02-04): received Seller Comment (2025-02-03): addendum |
02/04/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879668 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879669 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-28): AIO Loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879669 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): purchase agreement |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879669 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879669 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Assets documents are missing. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): appraisal delivery |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No bank statements provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Corrected xxxx required. Clarification on status of departure address. xxxx states xxx (REDACTED) as current owned residence. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): evidence property was sold. |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when DTI exceeds xx% | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879669 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-30): Rate lock not provided, EVx Seller Comment (2025-01-29): AIO agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879671 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): loan approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): appraisal delivery |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): right to copy of appraisal |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): list of counselors |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879671 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Acknowledgment of Fair Market Value Disclosure Not Provided) | Texas Constitution Section 50(a)(6): Borrower did not receive written "Acknowledgment of the Fair Market Value" of homestead property securing loan. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): fair market value acknowledgement |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents and obtain an executed copy; OR, (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): right to cancel |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879671 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI exceeds xx%. | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-29): assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): brochure |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879671 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): important terms |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879671 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided) | Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. | Reviewer Comment (2025-01-30): Received CD Seller Comment (2025-01-29): fees disclosed |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879671 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-30): received final CD Seller Comment (2025-01-29): fees |
01/30/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879671 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879671 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided At Least 1 Business Day Prior to Closing - No Waiver) | Texas Constitution Section 50(a)(6): Final itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing without a waiver. | Reviewer Comment (2025-02-13): Received proof of delivery Seller Comment (2025-02-12): documentation to show fees disclosed to borrower x business day prior to closing Reviewer Comment (2025-02-10): Missing proof that final amount of fees were disclosed to the borrower at least x business day prior to closing. CD provided is signed day of closing. Seller Comment (2025-02-10): TX Points and fees |
02/13/2025 | No | 1 | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | D | B | C | A | D | B | A | A | Yes | ||||||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | Reviewer Comment (2025-01-30): EXCEPTION HISTORY - Exception Detail was updated on xx/xx/xxxx PRIOR Exception Detail: Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.16146% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $240,000.00 vs. an investor allowable total of $7,200.00 (an overage of $387.50 or .16146%). | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Yes | |||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879672 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Asset documentation is missing | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879672 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-30): Provided Seller Comment (2025-01-29): Approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Missing | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Billing rights page xx |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879672 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-30): Received additional documents Seller Comment (2025-01-29): Notice right to cancel |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879672 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879672 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount for all transactions up to xx% DTI. | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879673 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||||
| 225879673 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||||
| 225879673 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||||
| 225879673 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||||
| 225879673 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-01-31): Received additional docs Seller Comment (2025-01-30): credit |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879673 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): Loan Approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): Purchase Agreement |
01/30/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): Recorded Security Instrument. (Mortgage) |
01/30/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Note Date used as Transaction Date | Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements | Reviewer Comment (2025-01-30): Received | 01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2025-02-06): Received inspection Seller Comment (2025-02-06): DAIR |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-01-30): received assets | 01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No asset documentation provided | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879673 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI exceeds xx% | Reviewer Comment (2025-02-20): Received additional documents Seller Comment (2025-02-18): please see property lien history, deed of release recorded x/xxxx, property is owned free and clear Reviewer Comment (2025-02-13): Payment has been excluded and DTI updated. Property history report shows mortgage to (REDACTED) Reviewer Comment (2025-02-13): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-02-12): (REDACTED) installment account omitted, less than xx payments remaining ; total consumer debt is $xxx/mo Seller Comment (2025-02-12): second home at (REDACTED) is owned free and clear with no mortgage , max PITI for second home is $xxxx.xx/mo Reviewer Comment (2025-02-09): Qualifying DTI based on Qual PITIA of xxxx.xx, Second home of $xxxx.xx, consumer debt of xxxx.xx and Alimony/child support of $xxx Seller Comment (2025-02-07): quit claim deed for xxxx (REDACTED) borrower not owner Seller Comment (2025-02-07): Property Profile at xxxx xxxx (REDACTED) borrower is not an owner of the property Reviewer Comment (2025-02-06): DTI of xx.xxxxx exceeds xx%, appears lender is not using second home PITIA in calculations Seller Comment (2025-02-05): final transmittal DTI - xx% Reviewer Comment (2025-01-31): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. |
02/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||
| 225879673 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided | Reviewer Comment (2025-01-31): received Seller Comment (2025-01-30): ARM Rider page xx |
01/31/2025 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | ||||||||||||||||||||||
| 225879673 | Credit | Security Instrument | Document Error | Security Instrument | The Security Instrument ARM Rider does not contain fallback language. | Index: ___ | Reviewer Comment (2025-02-07): Language is included within the HELOC agreement Seller Comment (2025-02-05): AIO agreement Section (P) |
02/07/2025 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | D | B | D | A | B | B | A | A | No | |||||||||||||||||||||
| 225879674 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879674 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879674 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879674 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879674 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2025-02-07): Received inspection Seller Comment (2025-02-06): DAIR inspection |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879674 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): loan approval Seller Comment (2025-02-06): approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879674 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Assets documentation is missing. | Reviewer Comment (2025-02-07): Received additional documentation Reviewer Comment (2025-02-07): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of is less than Guideline Available for Reserves of $xx,xxx.xx. Seller Comment (2025-02-06): assets |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879674 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-07): Received additional documentation Seller Comment (2025-02-06): right to cancel |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879674 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No asset documentation provided | Reviewer Comment (2025-02-07): Received additional documentation Seller Comment (2025-02-06): assets |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879674 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): addendum fees |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879674 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879674 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Asset Account date is more than 90 days prior to Closing. | - | Statement is stale dated | Reviewer Comment (2025-02-09): received Seller Comment (2025-02-07): Page xx shows acct# xxxx as of (REDACTED) xxxx < xx days from closing. |
02/09/2025 | No | 1 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879675 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-07): Received additional documentation Seller Comment (2025-02-06): loan approval |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879675 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-02-07): received tax cert, vacant land no insurance Seller Comment (2025-02-06): xxxx docs |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879675 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879675 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): reserves |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): right to cancel |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): HELOC BROCHURE |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879675 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): Important terms |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879676 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | No | 1 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879676 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-07): Received Seller Comment (2025-02-06): Loan Approval |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879676 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing HOA Verification, Insurance Verification, Mortgage Statement & Tax Verification documents. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): property is land and owned free and clear, tax information only uploaded |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): right to cancel |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879676 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): Final HUD |
02/07/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879676 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879676 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): bank statements for reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879676 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): Important Terms |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879677 | Compliance | Compliance | State Compliance | State Late Charge | California Primary Residence Late Charge Percent Testing | Unable to determine if late charge exceeds state maximum due to missing information. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879677 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval not available in file. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): loan approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): assets |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ ___ ___ |
Reviewer Comment (2025-02-09): received required docs, STR is vacant land Reviewer Comment (2025-02-09): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: HOA Verification, Insurance Verification, Statement, Tax Verification HOA Verification, Insurance Verification, Statement, Tax Verification HOA Verification, Insurance Verification, Tax Verification Seller Comment (2025-02-07): xx-xxx-xx tax doc Seller Comment (2025-02-07): no HOA Seller Comment (2025-02-07): xxxxx REO docs Reviewer Comment (2025-02-07): Missing PITIA information for xxxxx (REDACTED) and STR xx-xx-xx. Please provide Statements, taxes and insurance documents for DTI calculations Seller Comment (2025-02-06): xxxx docs & STR xx vacant land |
02/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879677 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): reserves |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Payoff Statement Missing | Unable to determine if a prepayment penalty was included in the pay-off due to missing information. | Reviewer Comment (2025-02-07): Received additional documents | 02/07/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-05): Heloc Brochure |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879677 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-05): important terms notice |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||||
| 225879678 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 182 | Reviewer Comment (2025-02-13): Received desk review Seller Comment (2025-02-12): DAIR Reviewer Comment (2025-01-31): Missing secondary valuation for securitization Seller Comment (2025-01-29): appraisal |
02/13/2025 | No | 1 | D | A | A | A | D | A | A | D | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||||
| 225879678 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-31): Received Seller Comment (2025-01-30): approval |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | |||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Impermissible Provision on HELOC Agreement | Truth in Lending Act (HELOC): Agreement contains provision allowing creditor to unilaterally change terms of plan for impermissible circumstances. | Reviewer Comment (2025-02-07): Updated input based on HELOC Seller Comment (2025-02-07): Please advise what is needed to cure this condition? |
02/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||
| 225879678 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require xx% of the total loan amount in reserves. The only assets in the file are assets that are being used for asset depletion income and cannot be used toward reserves. | Reviewer Comment (2025-02-13): Updated with receipt of documents Reviewer Comment (2025-02-07): Using assets not included in asset depletion calculation leaves a balance of $xxxxxx.xx and required assets is $xxx,xxx based on DTI over xx% Seller Comment (2025-02-07): reserves Reviewer Comment (2025-01-31): No additional assets provided Seller Comment (2025-01-30): credit |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||
| 225879678 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | The lender appears to have used xx months to calculate the asset depletion income; however, the guidelines require the income to be divided over xxx months. | Borrower has been employed in the same industry for more than 5 years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-20): Guidelines provided are for reserves, the DTI is related to asset depletion and not the reserves Seller Comment (2025-02-18): please see attached AIO asset depletion guides showing xxx% of retirement account value can be used for calculations Reviewer Comment (2025-02-07): DTI based on qualifying rate = PITIA of xxxx.xx and other debt of $xxx; income of xx,xxx.xx - asset depletion used at xx% of balance since borrower is not xx Seller Comment (2025-02-07): final xxxx Reviewer Comment (2025-01-31): Nothing provided to document DTI, approval shows xx.xx% Seller Comment (2025-01-30): credit |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | |||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-01-31): received docs Seller Comment (2025-01-30): HELOC docs |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | ||||||||||||||||
| 225879678 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | |||||||||||||||||
| 225879678 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-02-07): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/07/2025 | No | 1 | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | B | C | B | D | A | No | |||||||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||
| 225879679 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-31): Received Seller Comment (2025-01-30): approval |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | |||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-31): Received docs Seller Comment (2025-01-30): right to cancel |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | D | A | Yes | |||||||||||||||
| 225879679 | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | The transaction closed as a refinance of a primary residence, and the valuation reflects that the subject property is vacant. Unable to verify occupancy. | - | The subject is a refinance of a primary residence and the appraisal reflects the property is vacant. | Reviewer Comment (2025-02-13): Received additional documents Seller Comment (2025-02-11): The property being refinanced is a new build, new construction. The appraiser indicated vacant because at the time, they had not moved into the property. See email. |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | |||||||||||||||
| 225879679 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 182 | Reviewer Comment (2025-02-13): Received CDA Seller Comment (2025-02-13): CDA Reviewer Comment (2025-02-09): UCDP shows not eligible for R&W Relief Seller Comment (2025-02-07): FHLMC UCDP findings |
02/13/2025 | No | 1 | D | A | A | A | D | A | A | D | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||
| 225879679 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. | Reviewer Comment (2025-02-09): updated amount used for income Seller Comment (2025-02-07): xxxx to show DTI with income and debts Reviewer Comment (2025-01-31): Nothing provided to show lenders DTI calculation Seller Comment (2025-01-30): credit |
02/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||
| 225879679 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-31): Received final HUD Seller Comment (2025-01-30): HUD addendum |
01/31/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-01-31): Received docs Seller Comment (2025-01-30): brochure |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||
| 225879679 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-01-31): Received docs Seller Comment (2025-01-30): Brochure |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||
| 225879679 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | |||||||||||||||||
| 225879679 | Credit | Asset | Asset Calculation / Analysis | Asset | AUS Findings: Available for Reserves discrepancy. | Calculated Available for Reserves of ___ is less than AUS Available for Reserves of ___. | Missing acct (REDACTED) xxxx used for closing and reserves | Reviewer Comment (2025-02-13): Meets reserves requirements Reviewer Comment (2025-02-13): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $x,xxx,xxx.xx is less than AUS Available for Reserves of . Seller Comment (2025-02-11): (REDACTED) statement xxxx |
02/13/2025 | No | 1 | A | A | A | A | A | GA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | D | A | No | ||||||||||||||||||||
| 225879681 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-30): Rate lock not provided, EVx Seller Comment (2025-01-28): AIO loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879681 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-28): Assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879681 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): loan approval |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879681 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): appraisal delivery |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879681 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): right to copy of appraisal |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879681 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): list of counselors |
01/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879681 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): right to cancel |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879681 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Asset documentation was not provided in file. | Reviewer Comment (2025-01-30): Received assets Seller Comment (2025-01-28): assets |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879681 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879681 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-28): hudx addendum and fees |
01/30/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | The Closing Statement reflects an additional Title - Endorsement Fee of $xx.xx that is not on the HELOC Agreement. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879682 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, documentation to verify the payments are required. In addition, HOA verification (if applicable) is required. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): ESCROW |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879682 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879682 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI exceeds xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): asset documentation includes retirement accounts and terms of withdrawal |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): brochure |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879682 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): HELOC |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879682 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879683 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): cond loan approval |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879683 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Itemization of Points and Fees Not Provided) | Texas Constitution Section 50(a)(6): Final Itemized disclosure of fees, points, costs and charges not provided to borrower at least one (1) business day prior to closing. | Reviewer Comment (2025-02-10): Received additional documents Reviewer Comment (2025-02-10): Commentary uploaded to wrong exception; exception is for not providing itemized disclosure of points and fees to borrower at least x business day prior to closing. Please provide proof borrower received itemization prior to closing. Seller Comment (2025-02-10): signed disclosures Seller Comment (2025-02-10): email explanation for points and fees |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879683 | Compliance | Compliance | State Compliance | State Defect | (TX50(a)(6)) Texas Cash-out Loan (Points and Fees Exceeds 2% of Original Principal Balance) | Texas Constitution Section 50(a)(6): Points and fees on subject loan of 2.67917% is in excess of the allowable maximum of 2.0000% of the Original Line Limit. Points and Fees total $xxxxx on an Original Line Limit of $265,000.00 vs. an allowable total of $5,300.00 (an overage of $1,799.79 or 0.67917%.) | Reviewer Comment (2025-02-18): Evidence of x.xx% undiscounted rate provided in trailing docs which allowed the discount points to be excluded as "bona fide". Seller Comment (2025-02-14): credit report invoice Seller Comment (2025-02-14): appraisal invoice Reviewer Comment (2025-02-10): Appraisal paid to lender on closing statement - no invoice in file - CBR paid to lender on closing statement - no invoice in file - Discount Points Affidavit not in file. Fees exceed x%. |
02/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | Refund the borrower, or credit their account, an amount equal to any overcharge paid by the borrower. (Provide Proof of Delivery, LOE, and Copy of Check. [A servicing screen print can be provided in place of a check when a credit is applied to the borrowers account.]) | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Notice right to Cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879683 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when DTI exceeds xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): Asset documentation for reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879683 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): HELOC TIL Disclosure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879684 | Credit | Document Inventory | General | Missing Document | Evidence of Taxpayer Consent is Missing, and Taxpayer documentation is present. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | |||||||||||||||||||
| 225879684 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879684 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879684 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.02231% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $318,300.00 vs. an investor allowable total of $9,549.00 (an overage of $71.00 or .02231%). | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | C | B | D | B | A | A | Yes | |||||||||||||||||
| 225879684 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879684 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Need x months bank statement. | Reviewer Comment (2025-02-06): Received additional docs Seller Comment (2025-01-31): Assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | |||||||||||||||
| 225879684 | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Need copy of flood insurance. | Reviewer Comment (2025-01-29): Received flood policy Seller Comment (2025-01-24): Flood |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879684 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879684 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): notice of right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | |||||||||||||||
| 225879684 | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-11): copies of business licenses for SE businesses Reviewer Comment (2025-02-06): Borrower certification not same as third party VOE Seller Comment (2025-01-31): employment |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879684 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Borrower has been employed in the same industry for more than 5 years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-17): VOE received is post-closing, buyer review required Seller Comment (2025-02-13): verbal VOE Reviewer Comment (2025-02-06): Borrower certification not same as third party VOE Seller Comment (2025-01-31): employment |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||
| 225879684 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. | Reviewer Comment (2025-02-25): received additional documents Reviewer Comment (2025-02-25): Lender did not subtract the meals out for the business that was listed on the xxxx xxxx returns Reviewer Comment (2025-02-25): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-02-25): Using figures of $xxxx.xx for income and qual PITIA of $xxxx.xx /mo (income is higher based on worksheets uploaded, and payment should not be based on current index rate as of today) the DTI is below xx% and borrower's have over xx% of LOC in reserves ; borrowers have no additional monthly consumer debt ; documentation uploaded to show debts paid in full Seller Comment (2025-02-25): Income Calculator Worksheets for both borrowers, all jobs to show income monthly of $xxxx.xx Seller Comment (2025-02-25): proof (REDACTED) paid in full , should not count as consumer debt Reviewer Comment (2025-02-25): Qual rate is x.x% based on greater of fully indexed rate or note rate per guidelines Seller Comment (2025-02-21): please confirm DTI calculations, borrower has no additional consumer debt and with a rate of x.xx% qualifying PITIA is $xxxx.xx/mo ; total income of $xxxx.xx gives a DTI of xx.xx% Reviewer Comment (2025-02-21): DTI is updated based on exclusion of debt paid by business Reviewer Comment (2025-02-21): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-02-21): AIO guide showing only x months history is required to omit a debt paid by business Seller Comment (2025-02-21): x months auto loan paid by business Reviewer Comment (2025-02-17): Received bank statements for x months of payments by the business, account per credit report opened x/xx/xxxx reporting for x months, please provide proof business has paid for all x months. Seller Comment (2025-02-11): please see attached xxxx, based on income of $xxxx.xx , DTI is xx.xx% using qualifying rate of x.xx% and total PITIA of $xxxx.xx - borrower has no additional debt to include in DTI ; please confirm how you calculated PITIA of $xxxx.xx Reviewer Comment (2025-02-10): Based on qualifying rate and PITIA of $xxxx.xx Seller Comment (2025-02-07): Final DTI calculated is xx.xx% (see xxxx). Please share your calculation as to how you derived at xx.xxxxx%. Reviewer Comment (2025-01-29): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. |
02/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879684 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Guidelines require xx% of loan amount in reserves when DTI is > xx%. | Reviewer Comment (2025-02-25): received additional documents Reviewer Comment (2025-02-25): DTI is updated but still exceeds xx% Seller Comment (2025-02-25): cash flow analysis Seller Comment (2025-02-25): asset documentation to support $xxxxx.xx in reserves ; (REDACTED) $xxxxx.xx, (REDACTED) #xxxx $xxxxx.xx (based on cash flow analysis) ; (REDACTED) #xxxx $xxxx.xx, (REDACTED) #xxxx $xxxxx.xx Reviewer Comment (2025-02-21): DTI still exceeds xx% Reviewer Comment (2025-02-17): Reserve amount will update upon receipt of business paying all of the auto loan payments Reviewer Comment (2025-02-17): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $xx,xxx.xx is less than Guideline Available for Reserves of $xx,xxx.xx. Seller Comment (2025-02-11): asset documentation |
02/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879684 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-01-31): Addendum |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879684 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879685 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-05): Received additional documents Seller Comment (2025-01-31): right to cancel |
02/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879685 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when DTI exceeds xx% | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879685 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes and insurance is included in the mortgage payment for the property located on xxx (REDACTED). | Reviewer Comment (2025-02-05): Received additional documents Seller Comment (2025-01-31): (REDACTED) Seller Comment (2025-01-31): escrow waiver |
02/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing evidence the taxes and insurance for the property located on (REDACTED). | Reviewer Comment (2025-02-10): Received docs showing owned by LLC Seller Comment (2025-02-06): xxxx (REDACTED) commercial prop Reviewer Comment (2025-02-05): Unable to match up properties based on documents provided Reviewer Comment (2025-02-05): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Tax Verification Seller Comment (2025-01-31): REO Seller Comment (2025-01-31): escrow waiver |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing evidence the taxes and insurance for the property located on (REDACTED). | Reviewer Comment (2025-02-10): received Seller Comment (2025-02-07): (REDACTED) Seller Comment (2025-02-07): xxxx (REDACTED) taxes Reviewer Comment (2025-02-05): Unable to match up properties based on documents provided Seller Comment (2025-01-31): (REDACTED) |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing evidence the taxes and insurance for the property located on (REDACTED). | Reviewer Comment (2025-02-17): Land only, no insurance Seller Comment (2025-02-11): taxes and insurance Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Tax Verification Reviewer Comment (2025-02-10): Received taxes, missing insurance Seller Comment (2025-02-07): (REDACTED) taxes |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing evidence the taxes and insurance for the property located on xxx-xxx (REDACTED). | Reviewer Comment (2025-02-10): Received docs showing owned by LLC Seller Comment (2025-02-07): xxx-xxx xxxx xxx |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Term Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||
| 225879685 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The application reflects a new auto installment loan with a payment of $xxx.xx; however, the file does not contain any documentation to verify the payment amount. | Reviewer Comment (2025-02-10): Received contract Seller Comment (2025-02-06): new auto loan docs |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879685 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-10): Received Seller Comment (2025-02-06): final cd |
02/10/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879685 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879685 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Received tax docs on REO | Reviewer Comment (2025-02-21): Updated CBR provided showing paid off Seller Comment (2025-02-18): please see attached credit supplement to show (REDACTED) paid in full with zero balance $xxx/mo payment to be omitted from monthly consumer debt ; monthly consumer debt is $xxx.xx Reviewer Comment (2025-02-17): Income of xx,xxx.xx, PITIA of xxxx.xx, consumer debt of xxxx.xx and other REO negative income of xx.xx Seller Comment (2025-02-12): Hello, can you please let (REDACTED) know how you Calculated the income in order to get xx.xxxxx% ? Reviewer Comment (2025-02-10): Difference appears to be with rental income/loss calculation Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-02-06): final transmittal - DTI xx.xx% |
02/21/2025 | No | 1 | A | A | A | A | A | MT | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||||||
| 225879686 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879686 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879686 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879686 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.73007% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $1,188,750.00 vs. an investor allowable total of $35,662.50 (an overage of $8,678.75 or .73007%). | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | D | A | D | B | A | A | Yes | |||||||||||||||||
| 225879686 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879686 | Compliance | Compliance | State Compliance | State Defect | Texas 50(a)(6) Security Instrument Provided on a TX Non-Home Equity Loan | Texas Home Equity 50(a)(6) Security Instrument provided on a transaction determined not to be eligible for Texas Equity 50(a)(6). Potential contractual issue | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879686 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-18): Received additional documents Seller Comment (2025-02-12): LOX from UW RE Liquid Assets Reviewer Comment (2025-02-10): missing proof of liquid assets for cash to close Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Documented qualifying Assets for Closing of $x.xx is less than Cash From Borrower $xxx,xxx.xx. Seller Comment (2025-02-06): sale of home and statements Reviewer Comment (2025-02-05): Missing assets for cash to close and reserves Seller Comment (2025-02-03): assets cal |
02/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879686 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): Purchase agreement |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879686 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879686 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): xxx mtg statement Reviewer Comment (2025-02-05): Missing mortgage statement for xxx (REDACTED) Seller Comment (2025-02-03): REO |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879686 | Compliance | Compliance | State Compliance | State Defect | (TX50(t)(7)) HELOC Agreement allows the lender amend the extension of credit | Texas Constitution 50(t)(7): HELOC Agreement includes provision permitting lender or holder to unilaterally amend the extension of credit. | Reviewer Comment (2025-02-10): updated Seller Comment (2025-02-06): AIO agreement section xx |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Send the borrower a written notice modifying the HELOC Agreement to provide that the agreement does not permit the lender to unilaterally amend the extension of credit and adjust the account of the borrower to ensure that the borrower is not subject to any other term or provision prohibited by Texas law. | D | B | D | A | D | B | A | A | Yes | |||||||||||||||
| 225879686 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when DTI exceeds xx% | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): assets Reviewer Comment (2025-02-05): Missing assets for cash to close and reserves Seller Comment (2025-02-03): asset cal |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879686 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx% | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): final xxxx - DTI xx.xx% |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879686 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879686 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): tax cert |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879686 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-05): Received Seller Comment (2025-02-03): hud |
02/05/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879687 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): EVx nothing more needed Seller Comment (2025-01-28): AIO loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879687 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879687 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Reviewer Comment (2025-03-10): Rescission was re-opened and LO met with the borrowers in person and obtained a wet signature of xx/xx/xx for both borrowers on new RTC with xx/xx/xx rescission expiration date. Reviewer Comment (2025-03-07): Received signed RTC, please provide proof of delivery and LOE to borrower to complete the cure Seller Comment (2025-03-05): corrected notice of right to cancel Reviewer Comment (2025-02-17): Expiration date is not x days from signature date. Seller Comment (2025-02-11): This is a refinance, they signed it on the day of closing and it was funded on x/xx. This was done correctly. Reviewer Comment (2025-02-10): Right to cancel signature date is x/xx and expiration date is x/xx Seller Comment (2025-02-06): RIGHT TO CANCEL Reviewer Comment (2025-01-29): Signature date is x/xx/xxxx and expiration date is x/xx/xxxx Seller Comment (2025-01-28): right to cancel |
03/10/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879687 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879687 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): hudx and fees |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879687 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-28): brochure |
01/29/2025 | No | 1 | A | A | A | A | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879688 | Compliance | Compliance | State Compliance | Misc. State Level | Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided Timely) | Washington HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (3) business days of receipt of the loan application. | Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (x) business days of receipt of the loan application. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879688 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received approval Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879688 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided | Reviewer Comment (2025-01-29): Received ARM Rider Seller Comment (2025-01-24): ARM Rider |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879688 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-10): received Seller Comment (2025-02-06): xxxx docs & xxxxx docs Reviewer Comment (2025-02-05): Received for xxxx - missing for xxxx and xxxx Reviewer Comment (2025-02-05): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Statement, Tax Verification Statement Statement Seller Comment (2025-02-03): reo |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879688 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): assets Reviewer Comment (2025-02-05): Received deposit receipt for cash to close, missing source Seller Comment (2025-02-03): Assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Tax Advisor Statement Missing | Truth in Lending Act (HELOC): Creditor did not provide statement that the consumer should consult a tax advisor. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): AIO agreement section xx |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879688 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-05): Received Seller Comment (2025-02-03): right to cancel |
02/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879688 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount for all transactions up to xx% DTI. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879688 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-05): received final settlement statement stamped by title company Seller Comment (2025-02-03): hud |
02/05/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879688 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879688 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | only x month of statement has been provided, guidelines required x months | Reviewer Comment (2025-02-17): received additional statement Seller Comment (2025-02-11): (REDACTED) x months statements |
02/17/2025 | No | 1 | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Debt Consolidation | D | B | C | A | D | B | A | A | No | ||||||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Compliance | Compliance | State Compliance | State Defect | Maryland Ability to Repay Not Verified | Maryland SB270: File does not contain evidence that analysis of borrower's ability to repay was performed based on verified income, obligations, assets, and/or employment using PITI payment based on fully indexed rate, if applicable. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Compliance | Compliance | State Compliance | State Late Charge | Maryland Late Charge Percent and Amount Testing | Unable to determine if late charge exceeds state maximum due to missing information. | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879689 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879689 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): cond loan approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879689 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-17): Received Seller Comment (2025-02-11): HOI at xxxx xxth Pl Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: HOA Verification, Insurance Verification, Statement, Tax Verification Reviewer Comment (2025-02-10): Missing insurance for xxxx xx (REDACTED) Seller Comment (2025-02-06): xxxx tax statement Seller Comment (2025-02-06): xxxx statement Seller Comment (2025-02-06): xxxx no HOA |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of full loan amount. However, the file does not contain asset documentation | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | The guidelines allow for maximum DTI of xx%. The Verified DTI is xx.xx%. the file does not contain approval to verify the origination DTI | Reviewer Comment (2025-02-25): Updated income Seller Comment (2025-02-25): UW manager exception request to allow use of xxxk asset depletion with the borrowers age of xx , terms of withdrawal in file to show borrower does have access to funds Reviewer Comment (2025-02-17): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Reviewer Comment (2025-02-17): xxxK used for asset depletion is not allowed when the borrower is not xx x/x per guidelines Seller Comment (2025-02-11): UW worksheet on asset depletion Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Reviewer Comment (2025-02-10): xxxx provided shows asset depletion income used as well. xxxK documentation does not show liquidity or loan other than $xx,xxx. Need proof of liquidity for use in income calculations. Additionally borrower was not xx x/x at time of origination to use xxxK Seller Comment (2025-02-06): final xxxx |
02/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): signed credit agreement |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): notice of right to cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | |||||||||||||||
| 225879689 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | The file is missing a copy of the fully executed line of credit agreement and truth in lending disclosure statement. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): signed agreement |
02/10/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879689 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender used asset depletion on xxxK income when borrower is not yet xx x/x as required by guidelines | Borrower has been employed in the same industry for more than 5 years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-25): Exception approval email in loan file, investor consideration for waiver required |
03/19/2025 | Yes | 2 | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||||
| 225879690 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879690 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879690 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879690 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879690 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval missing in file. | Reviewer Comment (2025-01-29): Received approval Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-17): Received assets Seller Comment (2025-02-11): cash to close Reviewer Comment (2025-02-10): Assets provided are not for borrower Seller Comment (2025-02-06): assets Reviewer Comment (2025-02-05): Missing source of assets, wire only provided Seller Comment (2025-02-03): funds |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879690 | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): VVOE Reviewer Comment (2025-02-05): Not provided Seller Comment (2025-02-03): VOE |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): vvoe within xx days Reviewer Comment (2025-02-05): Not provided Seller Comment (2025-02-03): voe |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-05): received additional docs Seller Comment (2025-02-03): right to cancel |
02/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879690 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount for all transactions up to xx% DTI. | Reviewer Comment (2025-02-17): received assets Seller Comment (2025-02-11): (REDACTED) Reviewer Comment (2025-02-10): Assets provided are not for borrower Seller Comment (2025-02-06): reserves |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No asset documentation provided. | Reviewer Comment (2025-02-17): Received assets Seller Comment (2025-02-11): assets Reviewer Comment (2025-02-10): Assets provided are not for borrower Seller Comment (2025-02-06): assets |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-05): Received signed HUD Seller Comment (2025-02-03): hud |
02/05/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879690 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.04843% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $472,500.00 vs. an investor allowable total of $14,175.00 (an overage of $4,953.81 or 1.04843%). | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | D | A | D | B | C | A | Yes | |||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||||
| 225879691 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-29): received purchase agreement Seller Comment (2025-01-24): COnd loan approval Seller Comment (2025-01-24): Purchase agreement |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | |||||||||||||||||
| 225879691 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received approval | 01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | |||||||||||||||||
| 225879691 | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | - | Reviewer Comment (2025-01-31): updated per CO website Seller Comment (2025-01-29): appraisal |
01/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||
| 225879691 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Tax Advisor Statement Missing | Truth in Lending Act (HELOC): Creditor did not provide statement that the consumer should consult a tax advisor. | Reviewer Comment (2025-02-06): contained within HELOC Seller Comment (2025-02-04): TILA |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||
| 225879691 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-02-17): Received Reviewer Comment (2025-02-17): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Statement Statement Seller Comment (2025-02-12): (REDACTED) Mortgage Statement Seller Comment (2025-02-12): xxxx (REDACTED) (REDACTED) AIO Reviewer Comment (2025-02-10): Missing mortgage statement or note showing P&I amounts for both xxxxx (REDACTED) and xxxx (REDACTED) Seller Comment (2025-02-07): xxxxx (REDACTED) REO docs Seller Comment (2025-02-07): xxxx (REDACTED) REO docs Reviewer Comment (2025-02-06): Missing P&I/Statement for xxxx (REDACTED) and missing P&I/Statement and Insurance for xxxxx (REDACTED) Reviewer Comment (2025-02-06): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Statement, Tax Verification Insurance Verification, Statement, Tax Verification Seller Comment (2025-02-04): TAX Seller Comment (2025-02-04): REO |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||
| 225879691 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | |||||||||||||||||
| 225879691 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): FINAL HUD |
02/10/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CO | Primary | Purchase | D | B | D | A | D | B | C | A | No | ||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): appraisal |
02/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879693 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount for all transactions up to xx% DTI. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879693 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): brochure |
02/10/2025 | No | 1 | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879693 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): Heloc |
02/10/2025 | No | 1 | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879694 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879694 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879694 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879694 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879694 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879694 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Disclosure not provided, receipt of disclosure as part of HELOC is provided and is dated xx/xx/xxxx Seller Comment (2025-02-04): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879694 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No asset documentation provided. | Reviewer Comment (2025-02-06): Disclosure not provided, receipt of disclosure as part of HELOC is provided and is dated xx/xx/xxxx Seller Comment (2025-02-04): assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879694 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-04): hud |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879694 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879695 | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879695 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide verification of the payments. In addition, HOA verification is required (if applicable). | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): LOE for no HOA at xxxx (REDACTED) Seller Comment (2025-02-10): REO mortgage statement with taxes and insurance impounded for xxxx (REDACTED) |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||
| 225879695 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-10): received Seller Comment (2025-02-06): loan approval |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879695 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible valuation was provided. Sec ID: 179 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-01-27): Update of value was provided dated xx/xx/xxxx | 01/27/2025 | No | 1 | D | A | D | A | D | A | A | D | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): right to cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879695 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI is below xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): bank statements and source of deposits |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879695 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The application reflects the property located on (REDACTED) has been sold. The credit report shows the mortgage associated with this property as still open. Documentation to verify this property was sold is required. The documentation must verify both mortgages (account #xxxx and #xxxx) have been paid off. | Reviewer Comment (2025-02-10): Received closing statement Seller Comment (2025-02-10): final closing statement for sale of (REDACTED) property showing both liens paid off |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC BROCHURE |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||
| 225879695 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The borrower paid $xxx outside of closing for the appraisal; however, the file does not contain documentation to verify the payment and no assets were provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): bank statements to show assets to cover appraisal cost |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879695 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879695 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure for property located in a flood zone. | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | No | 2 | B | B | B | B | B | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||||||||
| 225879696 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879696 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible valuation was provided. Sec ID: 179 | Appraisal (xx/x/xxxx) is prior to application date (xx/xx/xx) | Reviewer Comment (2025-02-25): Received documentation of initial application Seller Comment (2025-02-25): copy of original condition approval from initial purchase transaction that was not accepted Seller Comment (2025-02-25): initial signed disclosures from xx/xx , borrowers had original transaction with (REDACTED) , loan #PRCxxxx as a purchase, this loan was for the same property ; loan was changed to approved, not accepted and changed to RPCxxxx (current loan) as a refinance , appraisal was ordered with original transaction and then used for the refinance Reviewer Comment (2025-02-20): The appraisal was ordered (and has effective date) prior to the application date. Please provide confirmation of application date. Credit report was ordered on xx/xx/xxxx. Seller Comment (2025-02-18): UCDP freddie Reviewer Comment (2025-02-10): Effective date is prior to application Seller Comment (2025-02-07): appr completion date is xx/xx Reviewer Comment (2025-02-06): Provide documentation for application date Seller Comment (2025-02-05): valuation |
02/25/2025 | No | 1 | D | A | D | A | D | A | A | D | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879696 | Credit | Title | Document Error | Title | The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-02-06): received final title Seller Comment (2025-02-05): title |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879696 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-02-06): received final title | 02/06/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): brochure |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879696 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): important terms |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | HI | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||||
| 225879697 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Note Interest Accrual Start Date of 10/17/2024 used as disbursement date for compliance testing. | Reviewer Comment (2025-02-25): Received proof of funding | 02/25/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Right to Cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | |||||||||||||||
| 225879697 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Borrower has been employed in the same industry for more than 5 years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
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Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-17): Move to buyer for review Seller Comment (2025-02-11): (REDACTED) Verbal Verification of Employment Lenders must obtain a verbal verification of employment (verbal VOE) for each borrower using employment or self-employment income to qualify. The verbal VOE must be obtained within xx business days prior to the note date for employment income, and within xxx calendar days prior to the note date for self-employment income. The verbal VOE requirement is intended to help lenders mitigate risk by confirming, as late in the process as possible, that the borrower remains employed as originally disclosed on the loan application. A change in the borrower's employment status could have a significant impact on that borrower's capacity to repay the mortgage loan and must be fully reevaluated. Alternatively, lenders may obtain the verbal VOE after closing, up to the time of loan delivery. If the verbal VOE (or allowable alternative) cannot be obtained prior to delivery, the loan is ineligible for sale to Fannie Mae. Reviewer Comment (2025-02-10): VOE is post closing Seller Comment (2025-02-07): VERB VOE |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||
| 225879697 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-17): received signed HUD Seller Comment (2025-02-11): SIGNED HUD SETTLE Reviewer Comment (2025-02-10): Received HUD, not signed or stamped and missing disbursement date Seller Comment (2025-02-06): FINAL HUD |
02/17/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879697 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879697 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount for all transactions up to xx% DTI. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): Asset documentation for reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879697 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on 10/17/2024, prior to three (3) business days from transaction date of 10/17/2024. | Reviewer Comment (2025-02-25): Received proof of funding Seller Comment (2025-02-24): attached ledger confirms disbursement date was xx/xx/xx. The borrower was provided sufficient x days TILA. Reviewer Comment (2025-02-17): Please provide proof of funding, HUD does not contain any prepaid interest and does not have disbursement date, no other documentation provided showing wires or any disbursements. Seller Comment (2025-02-12): Right to Recission dated xx/xx Loan did not Fund until xx/xx |
02/25/2025 | No | 1 | A | A | A | A | A | MS | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | ||||||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879698 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval not available in file. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Cond Loan Approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879698 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Purch Contract |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879698 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): sale of home funds Seller Comment (2025-02-07): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879698 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879698 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): xxx (REDACTED) REO docs |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879698 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879698 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879698 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Missing x months of statements from (REDACTED) and (REDACTED), only x month provided | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-12): (REDACTED) x months Seller Comment (2025-02-12): (REDACTED) x months Seller Comment (2025-02-11): (REDACTED) x months statements Seller Comment (2025-02-11): (REDACTED) statements |
02/17/2025 | No | 1 | A | A | A | A | A | NJ | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | Reviewer Comment (2025-02-10): EXCEPTION HISTORY - Exception Detail was updated on xx/xx/xxxx PRIOR Exception Detail: Truth in Lending Act (HELOC): Fees disclosed on Line of Credit Closing Statement exceed those disclosed in HELOC Agreement. Fees from the Line of Credit Closing Statement are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | |||||||||||||||||
| 225879699 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | D | A | Yes | |||||||||||||||
| 225879699 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 182 | Reviewer Comment (2025-02-17): Received CDA report, Exception Cleared Seller Comment (2025-02-12): CDA report Reviewer Comment (2025-02-10): Secondary valuation for securitization is required, may be UCDP, desk review (CDA or ARR), second appraisal, AVM, drive by appraisal Seller Comment (2025-02-06): Are you requesting a xnd appraisal to include interior? |
02/17/2025 | No | 1 | D | A | A | A | D | A | A | D | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||
| 225879699 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documentation Seller Comment (2025-01-24): cond loan approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | |||||||||||||||||
| 225879699 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | |||||||||||||||||
| 225879699 | Credit | Asset | Asset Documentation | Asset | Asset documentation requirements not met. | No asset documentation provided | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||
| 225879699 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | |||||||||||||||||
| 225879699 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): fees |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||
| 225879699 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Missing x months statements for (REDACTED) accounts | Reviewer Comment (2025-02-17): not using funds Seller Comment (2025-02-11): retirement assets with (REDACTED) and (REDACTED) xxx only assets used Seller Comment (2025-02-11): final xxxx shows no (REDACTED) assets used |
02/17/2025 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Rate/Term | D | B | C | B | D | B | D | A | No | ||||||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879700 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879700 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Missing Document: Note - Subordinate Lien not provided | Reviewer Comment (2025-02-06): Received termination UCC Seller Comment (2025-02-06): Lien removed from title Reviewer Comment (2025-01-28): Subordination agreement not provided Seller Comment (2025-01-24): sub agreement |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879700 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Reviewer Comment (2025-02-10): Received Seller Comment (2025-02-06): xxxx REO docs Reviewer Comment (2025-02-06): received HOA docs, missing statement Reviewer Comment (2025-02-06): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: HOA Verification, Statement Statement Seller Comment (2025-02-05): HOA verification, Mortgage statement |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): appraisal delivery |
02/06/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Reviewer Comment (2025-02-10): Signed at account opening Seller Comment (2025-02-07): CREDIT AGREEMENT Seller Comment (2025-02-06): credit agreement dated Reviewer Comment (2025-02-06): Missing proof of when borrower was provided disclosure Seller Comment (2025-02-05): credit agreement |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | Reviewer Comment (2025-02-10): Signed at account opening Seller Comment (2025-02-07): BILLING RIGHTS PG xx Seller Comment (2025-02-06): credit agreement Reviewer Comment (2025-02-06): Missing proof of when borrower was provided disclosure Seller Comment (2025-02-05): page xx |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): brochure |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): important terms |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Note Interest Accrual Start Date of 12/12/2024 used as disbursement date for compliance testing. | Reviewer Comment (2025-02-06): Received additional documents | 02/06/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879700 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879700 | Credit | Title | Lien | Title | Missing evidence of lien position on Other Financing. | - | Reviewer Comment (2025-02-06): Received UCC Termination Seller Comment (2025-02-06): lien removed from title Reviewer Comment (2025-01-28): Received (REDACTED) missing subordination agreement Seller Comment (2025-01-24): evidence of lien position |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879700 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI exceeds xx%. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879701 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx Seller Comment (2025-01-27): Good afternoon. The P&I would not be listed on the Loan Agreement/Note. These are AIO loan files and interest only for the first xx years and contains variable rate provisions. |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Purchase | C | A | C | A | A | A | A | A | No | |||||||||||||||||
| 225879702 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879702 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-30): received additional docs Seller Comment (2025-01-29): right to cancel |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Yes | |||||||||||||||
| 225879702 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI exceeds xx%. In addition, the credit report reflects a xx-day (REDACTED) account which requires additional reserves of $x,xxx. | Reviewer Comment (2025-02-21): Updated input with receipt of additional documents Seller Comment (2025-02-18): please see attached email explaining reserve requirement and calculation Reviewer Comment (2025-02-17): Awaiting DTI to determine required assets, but lender did not include the (REDACTED) account in reserve requirements Reviewer Comment (2025-02-17): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $xx,xxx.xx is less than Guideline Available for Reserves of $xxx,xxx.xx. Seller Comment (2025-02-11): asset documentation Seller Comment (2025-02-11): per xxxx, reserves required are xx% of LOC or $xxxxx , borrower has $xxxxx.xx in verified assets Reviewer Comment (2025-01-30): Reserves do not meet guideline requirements Reviewer Comment (2025-01-30): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of is less than Guideline Available for Reserves of $xxx,xxx.xx. Seller Comment (2025-01-29): assets |
02/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||
| 225879702 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI due to REO liabilities, does not appear they were included | Reviewer Comment (2025-03-07): updated income inputs Seller Comment (2025-03-06): email from UW to show business did not claim income from rental properties Seller Comment (2025-03-03): xxxx tax returns, schedule E no notes reflected Seller Comment (2025-02-26): please see attached UW email ; upon review of investor calculations is appears the properties at xxx (REDACTED) and xxx (REDACTED) have been omitted and not included in REO with rental income ; per UW, properties are on the personal tax returns schedule E and rental income should be included Reviewer Comment (2025-02-25): Calculations are based on the xx month average for those with income using schedule E method. Complete breakdown of DTI calculations has been sent via email. Reviewer Comment (2025-02-25): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-02-25): email from UW on rental income calculations , including guides allowing for a x year history Reviewer Comment (2025-02-21): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Reviewer Comment (2025-02-21): Email provided to xxx Seller Comment (2025-02-18): can you provide an explanation for other payments monthly on your REO/rental income calculations Seller Comment (2025-02-18): please see attached rental income calculations Seller Comment (2025-02-18): please see attached email from UW to explain calculations for rents Reviewer Comment (2025-02-17): In review Seller Comment (2025-02-11): please see final xxxx rental income breakdown, total rental loss of $xxx.xx takes into account all mortgage associated debt ; rental loss included in DTI Reviewer Comment (2025-01-30): Nothing has been provided to dispute DTI, updated all REO Properties Reviewer Comment (2025-01-30): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. Seller Comment (2025-01-29): approval |
03/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||
| 225879702 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - ARM not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): ARM rider |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||
| 225879702 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): reo xxxx mariposa |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the payment of $x,xxx.xx for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the taxes and insurance are included in the mortgage payment for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): xxxxx (REDACTED) (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file does not contain documentation to verify the payment of $x,xxx.xx for the property located on (REDACTED). If the taxes and insurance are not escrowed, provide documentation to verify the payments. In addition, verification of the HOA is required if applicable. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is does not contain documentation to verify the property located on (REDACTED) is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is does not contain documentation to verify the property located on (REDACTED) is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is does not contain documentation to verify the property located on (REDACTED) is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). | Reviewer Comment (2025-01-30): Received Seller Comment (2025-01-29): REO xxx (REDACTED) |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file is does not contain documentation to verify the property located on (REDACTED) is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). If rental income is being used to qualify the loan, a copy of the lease agreement is required as well. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): xxx (REDACTED) xxx |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file is does not contain documentation to verify the property located on (REDACTED) Unit xxx is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). If rental income is being used to qualify the loan, a copy of the lease agreement is required as well. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): xxx (REDACTED) xxx |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file is does not contain documentation to verify the property located on (REDACTED) xxx is owned free and clear. In addition, the file is missing evidence of the taxes, insurance, and HOA (if applicable). If rental income is being used to qualify the loan, a copy of the lease agreement is required as well. | Reviewer Comment (2025-01-30): Updated to one exception Seller Comment (2025-01-29): xxx (REDACTED) xxx |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC BROCHURE |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-01-30): received additional docs Seller Comment (2025-01-29): important terms |
01/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||
| 225879702 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing HOA on all properties - xxx (REDACTED), xxxx (REDACTED), xxx (REDACTED), xxx (REDACTED), xxx (REDACTED), xxxx (REDACTED), xxxxx (REDACTED), xxx (REDACTED), xxx (REDACTED) xxx, xxx, and xxx | Reviewer Comment (2025-02-10): Received additional docs Seller Comment (2025-02-07): Signed LOX no HOAs on any of the properties |
02/10/2025 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||||||
| 225879702 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing Tax Verification on xxx (REDACTED) Units xxx, xxx, and xxx | Reviewer Comment (2025-02-17): part of other property, same parcel Seller Comment (2025-02-11): LOX xxx (REDACTED)s Seller Comment (2025-02-11): insurance for xxx (REDACTED) that includes all units Seller Comment (2025-02-11): please see attached mortgage statement , tax, insurance documentation for property at xxx (REDACTED) ; xxx (REDACTED) units xxx,xxx and xxx are (REDACTED) built on this property ; tax and insurance information included with xxx (REDACTED)property (units broken out on REO for accurate rental income calculations) |
02/17/2025 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||||||
| 225879702 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing mortgage statements or proof of free and clear on xxx (REDACTED)Units xxx, xxx, and xxx | Reviewer Comment (2025-02-17): They are on same parcel as other REI Seller Comment (2025-02-11): mortgage statement xxx (REDACTED) Seller Comment (2025-02-11): please see attached mortgage statements and building permits ; units xxx,xxx, and xxx are ADUs built on property at xxx (REDACTED) |
02/17/2025 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||||||
| 225879703 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879703 | Compliance | Compliance | Federal Compliance | FACTA | Federal FACTA Disclosure Timing Test | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879703 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879703 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.52143% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $210,000.00 vs. an investor allowable total of $6,300.00 (an overage of $1,095.00 or .52143%). | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | D | B | D | A | D | B | A | A | Yes | |||||||||||||||||
| 225879703 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879703 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Purchase contract is not available in file. | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879703 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval is not available in file. | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): purchase agreement |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879703 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The copy of the final settlement statement in file is cut off on page x. | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): final hud-x |
01/28/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879703 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879704 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||||
| 225879704 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||||
| 225879704 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||||
| 225879704 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval not available in file. | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||
| 225879704 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Purchase Agreement/Contract not available in file. | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): Purchase agreement |
01/28/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||
| 225879704 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-10): asset documentation , EMD docs , (REDACTED) statements, (REDACTED) statements, (REDACTED) statements |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | |||||||||||||||||
| 225879704 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 183 | Reviewer Comment (2025-02-17): Received CDA report, Exception Cleared Seller Comment (2025-02-12): CDA report uploaded Reviewer Comment (2025-02-11): CU score exceeds x.x, no relief provided Seller Comment (2025-02-10): UCDP findings from (REDACTED) |
02/17/2025 | No | 1 | D | A | D | A | D | A | A | D | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||||
| 225879704 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Missing | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): Billing Rights pg xx |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||
| 225879704 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-10): asset documentation , EMD docs , (REDACTED) statements, (REDACTED) statements, (REDACTED) statements |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||
| 225879704 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | |||||||||||||||||
| 225879704 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-11): received final HUD Seller Comment (2025-02-06): Final HUD |
02/11/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||
| 225879704 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-02-25): updated with receipt of additional bank statement Seller Comment (2025-02-25): breakdown of assets. Seller Comment (2025-02-25): aocounts Balances (REDACTED) xxx xxx.xx in assets (see attached)- minus cash to close of xx'x,xx'x.xx = $xxx,xxx.xx avai'lable. Reviewer Comment (2025-02-25): Received same asset docs Seller Comment (2025-02-21): assets Seller Comment (2025-02-21): attached assets and calculation breakdown sheet Reviewer Comment (2025-02-21): Total assets of $xxx,xxx.xx minus cash to close of $xxx,xxx.xx and POC fee of $xxx Seller Comment (2025-02-19): Not sure where xx,xxx.xx is coming from? attached is the AIO guide showing we are OK to use xxx% of the(REDACTED) |
02/25/2025 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | D | B | D | A | D | B | D | A | No | ||||||||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Payoff Statement Missing | Missing Payoff Statement: Unable to determine if a prepayment penalty was included in the pay-off which may impact high cost findings. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Compliance | Compliance | State Compliance | State Late Charge | New York Late Charge Percent Testing | New York Late Charge: Note late charge percent of 5.00000% exceeds the state maximum of 2%. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879705 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879705 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): xxxx |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879705 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): Notice of Right to Cancel Seller Comment (2025-02-06): right to cancel |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879705 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879705 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): assets reserves |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879706 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879706 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): Purchase agreement |
01/28/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879706 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The file contains no asset documentation. | Reviewer Comment (2025-02-20): Received additional docs Seller Comment (2025-02-18): VIO Seller Comment (2025-02-18): (REDACTED) Seller Comment (2025-02-18): source of funds worksheet Reviewer Comment (2025-02-11): Received cashier's check for closing amount of xxx,xxx.xx; however, source not provided Reviewer Comment (2025-02-11): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Documented qualifying Assets for Closing of $x.xx is less than Cash From Borrower $xxx,xxx.xx. Seller Comment (2025-02-07): funds to close |
02/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | The HELOC Agreement is dated xx/xx/xxxx but not signed until xx/xx/xxxx and xx/xx/xxxx; however, the Security Instrument is notarized on xx/xx/xxxx. | Reviewer Comment (2025-02-18): received HELOC signed and dated xx/xx/xxxx Seller Comment (2025-02-12): Note and Billing Rights Dated and Signed Oct xx Seller Comment (2025-02-12): Note Dated and Signed Oct xx xxxx Reviewer Comment (2025-02-11): Exception is not for a missing brochure Seller Comment (2025-02-06): HELOC Brochure |
02/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | The HELOC Agreement is dated xx/xx/xxxx but not signed until xx/xx/xxxx and xx/xx/xxxx; however, the Security Instrument is notarized on xx/xx/xxxx. | Reviewer Comment (2025-02-18): Received additional documents Seller Comment (2025-02-12): Billing Rights Dated and Signed Oct xx Reviewer Comment (2025-02-11): Received same HELOC agreement, HELOC is dated xx/xx/xxxx but not signed until xx/xx/xxxx Seller Comment (2025-02-06): BILLING RIGHTS PG xx |
02/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI is below xx%. | Reviewer Comment (2025-02-20): Received docs Seller Comment (2025-02-18): VIO Seller Comment (2025-02-18): (REDACTED) Reviewer Comment (2025-02-11): Received cashier's check for closing amount of xxx,xxx.xx; however, source not provided Reviewer Comment (2025-02-11): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Calculated Available for Reserves of $x.xx is less than Guideline Available for Reserves of $xx,xxx.xx. Seller Comment (2025-02-07): ASSET DOCS Seller Comment (2025-02-07): reserves |
02/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879706 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes and insurance are included in the mortgage statement for the property located on (REDACTED). If the taxes and insurance are not included in the payment, documentation to verify the payments are required. In addition, HOA (if applicable) documentation is missing. | Reviewer Comment (2025-02-11): Received additional documnets Seller Comment (2025-02-07): HOA Seller Comment (2025-02-07): xxxx REO docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes and insurance are included in the mortgage statement for property located on (REDACTED). If the taxes and insurance are not included in the payment, documentation to verify the payments are required. In addition, HOA (if applicable) documentation is missing. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-07): xxx (REDACTED) REO docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): Important Terms |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||
| 225879706 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879706 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-07): FINAL HUD Seller Comment (2025-02-07): final closing statement |
02/11/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879706 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Reviewer Comment (2025-02-18): Signed at closing | 02/18/2025 | No | 1 | A | A | A | A | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||||||
| 225879706 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | (REDACTED) account provided is only for x month, x months required | Reviewer Comment (2025-02-21): received additional statement Seller Comment (2025-02-20): Uploaded additional month bank statement for (REDACTED) to (REDACTED) |
02/21/2025 | No | 1 | A | A | A | A | A | ID | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||||
| 225879707 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||||
| 225879707 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||||
| 225879707 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||||
| 225879707 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||||
| 225879707 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-07): departure residence has not been rented yet. Borrowers had planned to rent; however no lease in file. Full payment was factored into the calculation of liabilities. MTG $xxxx.xx monthly. No lease is available to provide for above condition. Reviewer Comment (2025-02-06): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Lease Agreement, Tax Verification Reviewer Comment (2025-02-06): Missing lease agreement Seller Comment (2025-02-05): xxxx docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||
| 225879707 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. | Reviewer Comment (2025-02-06): RCE not available, coverage is up to replacement cost per dec page Seller Comment (2025-02-05): hazard coverage xxxK |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||
| 225879707 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Reviewer Comment (2025-02-06): Updated with receipt of assets Reviewer Comment (2025-02-06): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Documented qualifying Assets for Closing of $xx,xxx.xx is less than Cash From Borrower $xxx,xxx.xx. Seller Comment (2025-02-05): assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||
| 225879707 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): Purchase agreement |
01/28/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-07): (REDACTED) front Seller Comment (2025-02-07): front of ID (REDACTED) Reviewer Comment (2025-02-06): Received copy of back of card, please provide front of card as well Seller Comment (2025-02-05): idenitifcation |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Reviewer Comment (2025-02-06): Received Reviewer Comment (2025-02-06): Flood policy provided, missing flood cert Seller Comment (2025-02-05): flood cert |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 183 | Reviewer Comment (2025-02-17): Received CDA report, Exception Cleared Seller Comment (2025-02-11): CDA Reviewer Comment (2025-02-11): Missing secondary valuation, desk review, drive by, field review, valid CU Score or AVM w Seller Comment (2025-02-07): Please advise. Is a full second appraisal required interior or exterior? Reviewer Comment (2025-02-06): Missing secondary valuation required for securitization Seller Comment (2025-02-05): valuation |
02/17/2025 | No | 1 | D | A | D | A | D | A | A | D | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||||
| 225879707 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Reviewer Comment (2025-02-06): Received Seller Comment (2025-02-05): assets |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | ||||||||||||||||
| 225879707 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||
| 225879707 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | Only one month provided | Reviewer Comment (2025-02-17): received additional documents Seller Comment (2025-02-11): (REDACTED) #xxxx x months statements Reviewer Comment (2025-02-11): EXCEPTION HISTORY - Exception Detail was updated on xx/xx/xxxx PRIOR Exception Detail: Financial Institution: American (REDACTED) Assurance Company // Account Type: Stocks / Account Number: xxxx, Financial Institution: (REDACTED) // Account Type: Checking / Account Number: xxxx Reviewer Comment (2025-02-11): Received for (REDACTED), still missing additional month for (REDACTED) xxxxxxx Seller Comment (2025-02-07): Assets |
02/17/2025 | No | 1 | A | A | A | A | A | FL | Primary | Purchase | D | B | D | A | B | B | D | A | No | |||||||||||||||||||||
| 225879708 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879708 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879708 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879708 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879708 | Compliance | Compliance | State Compliance | Misc. State Level | Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided Timely) | Washington HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (3) business days of receipt of the loan application. | Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (x) business days of receipt of the loan application. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879708 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): notice of right to cancel |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879708 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): Recieved Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879708 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-17): Received additional documents Seller Comment (2025-02-11): asset documentation |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879708 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879708 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-07): FINAL HUD |
02/11/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Refinance - Rate/Term | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879709 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879709 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879709 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879709 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Required HOA Verification, Insurance Verification, Statement and Tax Verification for REO property xxx xxx (REDACTED) | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): REO docs xxx-xxx |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Required HOA Verification, Insurance Verification, Statement and Tax Verification for REO property xxxx (REDACTED) | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): xxxx x xxxx docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Required HOA Verification, Insurance Verification, Statement and Tax Verification for REO property xxxx(REDACTED). | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): xxxx (REDACTED) REO docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Required HOA Verification, Insurance Verification, Statement and Tax Verification for REO property xxxx (REDACTED) | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): xxxx (REDACTED) REO docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Required HOA Verification, Insurance Verification, Statement and Tax Verification for REO property xxxx xxth (REDACTED) | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): xxxx xxt (REDACTED) REO docs |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879709 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | The subject property is located in a FEMA disaster area. A post disaster inspection verifying there was no damage to the subject property is required. | Reviewer Comment (2025-02-11): Received inspection showing no damage Seller Comment (2025-02-11): DAIR |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879709 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $xxx,xxx.xx. Provide verification of policy with sufficient coverage OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2025-02-25): received updated dec page Seller Comment (2025-02-24): ins updated |
02/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879709 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): right to cancel Seller Comment (2025-02-06): notice of right to cancel |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879709 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): reserves |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879709 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | xxxx Initial - Lender's is missing. | No | 1 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Copy of appraisal is required to be delivered to borrower within x business days prior to closing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Copy of appraisal is required to be delivered to borrower within x business days prior to closing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock document is missing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.20347% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $724,920.00 vs. an investor allowable total of $21,747.60 (an overage of $1,475.02 or .20347%). | Loan file is missing the information regarding the undiscounted rate and associated price to determine if any of the discount points can be considered bonafide | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Yes | ||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of Homeownership Counseling Organizations is missing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Compliance | Compliance | State Compliance | Misc. State Level | Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided Timely) | Washington HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (3) business days of receipt of the loan application. | Initial xxxx is missing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval is missing. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Loan Approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879710 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Right to cancel is missing. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Right to Cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | ||||||||||||||
| 225879710 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-17): received additional documents Seller Comment (2025-02-11): xxxx showing $xxxxx in verified assets Seller Comment (2025-02-11): asset documentation |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879710 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879710 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines business funds are ineligible assets, only assets provided are borrower's business account | Reviewer Comment (2025-02-21): Removed business funds from review, added exception for short reserves Seller Comment (2025-02-18): assets non bus |
02/21/2025 | No | 1 | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879710 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Did not use business funds, borrower is short reserves | Reviewer Comment (2025-02-24): Updated per guidelines Seller Comment (2025-02-21): page xx of the guide please? |
02/24/2025 | No | 1 | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879710 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | only x month provided | Reviewer Comment (2025-02-25): not used Seller Comment (2025-02-24): (REDACTED) was not used for assets. x month statement only reflected a $x.xx balance, therefor not considered for qualifying. See final xxxx attached. Reviewer Comment (2025-02-24): Using business funds, however, still missing xnd month of statement for (REDACTED) Seller Comment (2025-02-21): page xx please? Reviewer Comment (2025-02-21): Other account for (REDACTED) is business funds, guidelines state business funds are ineligible assets Seller Comment (2025-02-21): Final xxxx showing did not use the (REDACTED)s #xxxx, please clear condition. |
02/25/2025 | No | 1 | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Missing | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure for property located in a flood zone. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879711 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-10): received Seller Comment (2025-02-06): loan approval |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879711 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Purch Contract |
02/10/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879711 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-10): HOA documentation for REO Seller Comment (2025-02-10): REO mortgage statement taxes and ins impounded |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879711 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-10): (REDACTED) statements Seller Comment (2025-02-10): (REDACTED) statements Seller Comment (2025-02-10): EMD and gift documents Seller Comment (2025-02-10): (REDACTED) asset statements |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879711 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879711 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879711 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): final hud |
02/10/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879713 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879713 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879713 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||||
| 225879713 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): APPROVAL |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879713 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): Purch aggree |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879713 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): HUD |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879713 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Asset documentation not provided in the loan file. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): asset Seller Comment (2025-02-05): assets |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879713 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): Disregard 'Hud" it is a HELOC Disclosure. Seller Comment (2025-02-05): hud |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879713 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | ||||||||||||||||
| 225879713 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Purchase | D | B | D | A | D | B | A | A | No | |||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) | Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Missing | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): heloc disclosure |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): brochure |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): Heloc |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879714 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879714 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 182 | Reviewer Comment (2025-02-21): Received CDA Seller Comment (2025-02-20): CDA Reviewer Comment (2025-02-11): Received same appraisal, missing secondary valuation required for securitization Seller Comment (2025-02-05): appraisal |
02/21/2025 | No | 1 | D | A | A | A | D | A | A | D | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879714 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): assets |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879714 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): assets |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879714 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879715 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879715 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879715 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879715 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879715 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879715 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Reviewer Comment (2025-02-25): received RCE Seller Comment (2025-02-24): insurance co cost estimator |
02/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879715 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 183 | Reviewer Comment (2025-02-21): received CDA Seller Comment (2025-02-19): CDA Reviewer Comment (2025-02-11): CU score exceeds x.x and not eligible for R&W relief from Freddie Seller Comment (2025-02-10): FHLMC UCDP findings |
02/21/2025 | No | 1 | D | A | D | A | D | A | A | D | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||||
| 225879715 | Compliance | Compliance | State Compliance | State Defect | South Carolina Home Loan (Note Refers to State Legal Provisions Other Than South Carolina) | South Carolina Home Loan: Promissory Note refers to state legal provisions other than South Carolina. | Reviewer Comment (2025-02-11): Updated input Seller Comment (2025-02-10): SC state specific disclosure |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879715 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Notice of right to Cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | B | D | A | Yes | |||||||||||||||
| 225879715 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-10): (REDACTED) for reserves |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | ||||||||||||||||
| 225879715 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | A | No | |||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fees disclosed on Final HUD1 exceed those disclosed in HELOC Agreement. Fees from the Final HUD1 are used in any federal, state, and local high cost testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 4.06159% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $316,500.00 vs. an investor allowable total of $9,495.00 (an overage of $3,359.93 or 1.06159%). | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Yes | |||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879716 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-05): notice of right to cancel |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879716 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval is missing on file | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879716 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax certificate is missing on file | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): tax cert |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879716 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): assets |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879716 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879716 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-11): Received additional documents Seller Comment (2025-02-06): reserves |
02/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879716 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Only x month of statements provided for (REDACTED) (xxxx) and (REDACTED) (xxxx), x months required | Reviewer Comment (2025-02-13): received additional documents Seller Comment (2025-02-11): x months for each bank statement |
02/13/2025 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Rate/Term | C | B | C | A | C | B | A | A | No | ||||||||||||||||||||
| 225879717 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879717 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||||
| 225879717 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||||||||
| 225879717 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Loan approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879717 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Purchase Agreement / Sales Contract not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-06): Purchase Contract |
02/06/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879717 | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Valuation Error: Valuation report date was not provided. | - | Reviewer Comment (2025-02-10): received Seller Comment (2025-02-07): corrected appraisal Reviewer Comment (2025-01-31): The Date of Signature and Report is missing from Page x of the appraisal Seller Comment (2025-01-29): appraisal |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879717 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing documentation to verify the taxes, insurance and HOA (if applicable) for the property located on (REDACTED). In addition, verification the property is owned free and clear is required. | Reviewer Comment (2025-02-17): Received Seller Comment (2025-02-11): personal rep deed Seller Comment (2025-02-11): xxxx (REDACTED) reconveyance/deed released Reviewer Comment (2025-02-10): Received taxes and insurance. Property history report shows mortgage, please provide statement or proof owned free and clear Seller Comment (2025-02-07): xxxx (REDACTED) REO docs |
02/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||
| 225879717 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI exceeds guideline required DTI of xx%; Lender used an additional funds of $x,xxx,xxx in asset depletion - account not provided to be able to use | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): final xxxx Seller Comment (2025-02-07): Assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879717 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||
| 225879717 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the DTI exceeds xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879717 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The only assets in the file are assets that are being used for income qualification. The additional assets on the application were not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879717 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | |||||||||||||||||
| 225879717 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879717 | Compliance | Compliance | State Compliance | Misc. State Level | Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided) | Washington HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents | 02/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | WA | Primary | Purchase | D | B | D | A | C | B | A | A | No | ||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879719 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The borrower paid out of pocket for the appraisal of $xxx.xx. The file does not contain any documentation to verify the payment and no asset statements are in the file to cover fee amount. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879719 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): cond loan approval |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): right to cancel |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): Important Terms Discl |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879719 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount. The application reflects assets of $xxx,xxx.xx; however, the file does not contain any asset documentation. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-07): reserves |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879719 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-06): HELOC Brochure |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879719 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||||
| 225879720 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): REO docs for xxxx (REDACTED) property is land only Seller Comment (2025-02-10): REO docs xxxx(REDACTED) Seller Comment (2025-02-10): REO docs for xxx (REDACTED) Reviewer Comment (2025-02-06): The tax certs and insurance policies not provided Seller Comment (2025-02-05): REO |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||
| 225879720 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||
| 225879720 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | |||||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | B | A | A | Yes | |||||||||||||||
| 225879720 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): retirement account statements provided for reserves Reviewer Comment (2025-02-06): Assets not provided Seller Comment (2025-02-05): ASSETS |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||
| 225879720 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Investor consideration required for value review. Comparables x-x have gross adjustments that exceed xx%. Property is suburban with comps x-x outside of x miles from subject. | Borrower has been employed in the same industry for more than 5 years. Borrower has worked in the same position for more than 3 years. Borrower's monthly mortgage payment has decreased by at least 20%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by 20% or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-02-10): Buyer review Seller Comment (2025-02-10): FNMA and FHLMC UCDP findings provided, both show low risk , no risk of overvaluation |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||
| 225879720 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): HELOC |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | No | ||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Valuation is not provided to borrower within three (x) business days prior to consummation | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock Date is not provided | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | List of Homeownership Counseling Organizations is not provided to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | "Right to Receive a Copy appraisal is not provided in file | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-06): right to cancel |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | ||||||||||||||
| 225879722 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | The subject property is located in a FEMA disaster area. The most recent inspection is dated prior to the recent FEMA disaster. | Reviewer Comment (2025-02-20): Received inspection report Seller Comment (2025-02-18): DAIR Reviewer Comment (2025-02-11): Inspection done xx/xx/xxxx; (REDACTED) declaration date is xx/xx/xx with end date of xx/x/xx - please provide updated inspection report Seller Comment (2025-02-10): DAIR |
02/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879722 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval is not provided in file. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-06): Loan Approval |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879722 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves to be xx% of the full loan amount when the DTI does not exceed xx% of the full loan amount. There is no Asset documentation in the file. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): assets |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879722 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on closing statement, missing final closing disclosure (document provided is not signed) for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-06): FINAL HUD |
02/08/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879722 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-06): Important Terms |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | FACTA | FACTA Disclosure Missing | FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | GSE | Fannie Mae 2014 - 3% Points and Fees | Fannie Mae 2014 3% Points and Fees Test. Points and Fees on subject loan of 3.64201% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $xxxxx on a Federal Total Loan Amount of $486,400.00 vs. an investor allowable total of $14,592.00 (an overage of $3,122.72 or .64201%). | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. | C | B | C | A | C | B | A | A | Yes | |||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||||
| 225879723 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): conditional loan approval |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879723 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender on Closing statement does not match lender on HELOC agreement | Reviewer Comment (2025-02-13): DBA Seller Comment (2025-02-13): (REDACTED) for reserves |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): notice of right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879723 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879723 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount when the maximum DTI is xx%. | Reviewer Comment (2025-02-13): received additional documents Seller Comment (2025-02-11): asset documentation |
02/13/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879723 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): important terms disclosure |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879725 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | No | 1 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||||
| 225879725 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879725 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879725 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||||
| 225879725 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-28): Received Seller Comment (2025-01-24): cond loan approval |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879725 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): cash to close |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879725 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-02-06): Received additional documents Seller Comment (2025-02-05): notice of right to cancel |
02/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | D | B | A | A | Yes | |||||||||||||||
| 225879725 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): final HUd Seller Comment (2025-02-07): final cd |
02/08/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | ||||||||||||||||
| 225879725 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): reserves |
02/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879725 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | A | A | No | |||||||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): received proof of delivery, no proof borrower received x days prior to close, EVx Seller Comment (2025-01-27): appraisal delivery |
No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-27): AIO loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879726 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received Seller Comment (2025-01-27): Approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): counselors list |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | A | A | Yes | |||||||||||||||
| 225879726 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | Calculated investor qualifying total debt ratio of xx.xxxxx% exceeds Guideline total debt ratio of xx.xxxxx%. | Borrower has been employed in the same industry for more than 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly mortgage payment has decreased by at least 20%. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The refinance has decreased the borrower's monthly debt payments by 20% or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx Reviewer Comment (2025-01-29): Approval shows xx.xx% DTI, buyer to review Seller Comment (2025-01-27): exception approval |
03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | The file does not contain a copy of the HELOC Brochure. The HELOC Agreement does indicate the brochure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): brochure |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||
| 225879726 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms Disclosure. The HELOC Agreement does indicate the disclosure was provided to the borrower; however, does not confirm the document was provided at application. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): important terms |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||
| 225879726 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | The closing statement reflects the borrower provided $x,xxx.xx in closing funds. The application reflects assets of $xxx,xxx.xx; however, the file does not contain any asset documentation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879726 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount. The application reflects assets of $xxx,xxx.xx; however, the file does not contain any asset documentation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879726 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx Seller Comment (2025-01-27): Good afternoon. The P&I would not be listed on the loan agreement. These are AIO loan files and interest only for the first xx years and contains variable rate provisions. |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | |||||||||||||||||
| 225879726 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-02-08): Received additional documents Seller Comment (2025-02-07): final HUD Reviewer Comment (2025-01-29): Received Final statement, not signed Seller Comment (2025-01-27): HUDx addendum |
02/08/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | B | A | A | No | ||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-27): aio agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879727 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): correct approval Seller Comment (2025-01-27): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879727 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing the property taxes and hazard insurance for the property located on SW xxth Ave. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): LOE re no HOA at xxxx (REDACTED) Seller Comment (2025-02-10): REO documentation xxxx (REDACTED) including mortgage statement, tax and insurance verification Reviewer Comment (2025-01-29): EXCEPTION HISTORY - Exception Explanation was updated on xx/xx/xxxx PRIOR Exception Explanation: Insurance Verification, Tax Verification Reviewer Comment (2025-01-29): Received tax cert did not receive insurance for this property Seller Comment (2025-01-27): tax doc |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879727 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The Hazard Insurance Policy reflects the coverage amount as $xxx,xxx. The file does not contain a replacement cost estimator. The note amount is $xxx,xxx. The Appraisal Report reflects the Estimated Cost New as $xxx,xxx. There is a coverage shortfall of $xxx,xxx. | Reviewer Comment (2025-01-29): Policy lists replacement cost - similar construction - (REDACTED) no RCE provided Seller Comment (2025-01-27): insurance doc |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879727 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | The guidelines allow for a maximum DTI of xx%. The verified DTI is xx.xx%. The file does not contain an approval to verify the origination DTI; therefore, the reason for the difference in DTI cannot be determined. Note: if reserves of xx% of the loan amount ($xxx,xxx) is verified the DTI maximum increases to xx%. | Reviewer Comment (2025-01-29): Received approval showing DT of xx.xx% Seller Comment (2025-01-27): Request Reviewer to share the breakdown of debts and calculations that result in a xx.xxxxx% DTI. We can compare and respond accordingly. |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): appraisal delivery |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): right to receive copy of appraisal |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879727 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | The guidelines require reserves of xx% of the full loan amount. The application reflects assets; however, the file does not contain the asset documentation. Note: The DTI is currently over xx% but less than xx%. In order to meet the DTI requirement xx% of the full loan amount is required to be documented. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): retirement statement and terms of withdrawal Reviewer Comment (2025-01-29): No receipt of bank statements Seller Comment (2025-01-27): assets |
02/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | The file does not contain a copy of the HELOC Brochure. The HELOC agreements states the borrower received a copy but does not confirm the borrower received the brochure at application. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): Brochure |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | The file does not contain a copy of the Important Terms. The HELOC agreements states the borrower received a copy but does not confirm the borrower received the disclosure at application. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): important terms |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||
| 225879727 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx Seller Comment (2025-01-27): Good afternoon. The P&I would not be listed on the loan agreement. These are AIO loan files and interest only for xx years and contains variable rate provisions. |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879727 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-02-10): Received additional documents Seller Comment (2025-02-10): re-disclosure package signed Seller Comment (2025-02-10): re-disclosure package for AIO heloc Reviewer Comment (2025-02-06): Document dated xx/xx/xxxx, not provided at applicaiton Seller Comment (2025-02-05): important terms |
02/10/2025 | No | 1 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||||||
| 225879728 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Appraisal appears to be from purchase transaction and lender is listed as private | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | |||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received esign showing CDA sent, missing proof appraisal was provided to borrower Seller Comment (2025-01-28): appraisal delivery |
No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | |||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-28): loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | |||||||||||||||||
| 225879728 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | |||||||||||||||||
| 225879728 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): REO statement |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Provided assets have a usable amount of $xxx,xxx.xx and cash to close is $xxx,xxx.xx leaving a balance of $xx,xxx.xx which does not cover the xx% required for reserves based on DTI | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI is due to unable to use asset depletion - provided assets have a usable amount of $xxx,xxx.xx and cash to close is $xxx,xxx.xx leaving a balance of $xx,xxx.xx which does not cover the xx% required for reserves and therefore cannot be used for asset depletion | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing appraisal transfer letter, lender using appraisal from prior transaction | Borrower has been employed in the same industry for more than 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-03-19): Client - Okay to waive and downgrade per email x/xx/xxxx | 03/19/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien status. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to copy of appraisal |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | B | B | B | Yes | |||||||||||||||
| 225879728 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx | 01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | |||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income Data was not provided | Income Source and Qualifying Monthly Income Amount are required. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): Asset depletion income (REDACTED) |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Income Data was not provided | Income Source and Qualifying Monthly Income Amount are required. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): asset depletion/income (REDACTED) |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879728 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Document: HUD-1 Addendum not provided | Used fees on HELOC agreement, missing final closing disclosure for cash to/from borrower and paid outside of closing fees in order to calculate liquidity/reserves. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): hudx addendum fees |
01/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CO | Primary | Refinance - Rate/Term | D | B | C | B | D | B | B | B | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-01-29): Rate lock not provided, EVx Seller Comment (2025-01-27): loan agreement |
No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): correct appraisal delivery Seller Comment (2025-01-27): appraisal delivery |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): right to receive copy Seller Comment (2025-01-27): right to receive copy of appraisal |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): list of counselors |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Home Loan (Ability to Repay not Verified) | Colorado Home Loan (HB1322): File does not contain evidence that broker performed an analysis of borrower's ability to repay based on verified income, obligations, assets, and/or employment. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-28): xxxx ATR |
01/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): right to cancel |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Yes | |||||||||||||||
| 225879729 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-01-29): Received Seller Comment (2025-01-27): approval |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Missing | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): brochure |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Missing | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): important terms |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | A minimum of xx% of the LOC (loan amount) is required for loans with a DTI greater than xx%. File is missing asset documentation to confirm borrower had sufficient reserves at time of closing. | Reviewer Comment (2025-01-29): Received additional documents Seller Comment (2025-01-27): assets |
01/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | ||||||||||||||||
| 225879729 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Note Error: Principal and interest payment is blank. | Reviewer Comment (2025-01-28): Not on the HELOC, okay to clear per client email x/xx/xxxx Seller Comment (2025-01-27): Good afternoon. The P&I would not be listed on the loan agreement/Note. These are AIO loan files and interest only for the first xx years and contains variable rate provisions. |
01/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No | |||||||||||||||||
| 225879729 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Bank statements provided for x month only, guidelines require x months of statements | Reviewer Comment (2025-02-12): Received additional documents Seller Comment (2025-02-11): x months of each bank statement |
02/12/2025 | No | 1 | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | No |