Exhibit 99.01 Schedule 2

 

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
XXXXX 4000094518 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - for property  XXXXl, XXXX statement is missing in the file       Reviewer Comment (2025-11-11): Received statement


Seller Comment (2025-11-10): Comment from XXXX XXXX: XXXX Mortgage statement
11/11/2025     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000094518 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2025-11-04): Accepted as is.
    11/04/2025 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000094518 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   DTI of XXXX% exceeds DTI of XXXX%. Verified Debt XXXX/ Income $XXXX.       Reviewer Comment (2025-11-25): Received, Clearing.


Seller Comment (2025-11-25): Comment from XXXX XXXX : XXXX corrected
1008/1003/LP
Court  payment is $XXXX.
XXXX Court Pl
PITIA $$XXXX
No rental amount was used to qualify.
-$XXXX


Reviewer Comment (2025-11-17): Primary PITIA $XXXX, Negative REO $XXXX, Credit Debt $XXXX. Income $XXXX. Qualify PITIA $XXXX.


Buyer Comment (2025-11-14): Comment from XXXX XXXX : Could you please provide your full debt/rental income or loss breakdown calculations so we can see where the discrepancy lies?


Reviewer Comment (2025-11-11): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX.


Reviewer Comment (2025-11-10): With exclusion of Student Loan with less then XXXX payments remaining, DTI is now XXXX.  Exception remains as it exceeds AUS DTI of XXXX


Seller Comment (2025-11-10): Comment from XXXX XXXX: Memo to exclude liabilities under XXXX payments
11/25/2025     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000093624   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-11-06): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   WI Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000093624 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - File is missing all PITIA documentation.       Reviewer Comment (2025-11-19): Received Mortgage Statement confirms the Tax and Insurance escrowed. Exception cleared.


Seller Comment (2025-11-19): Comment from XXXX XXXX: REO Docs
11/19/2025     No 1 C A C A C A C A C A   WI Second Home Refinance - Limited Cash-out GSE   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000099840 XXXXX   XXXXX     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.         Reviewer Comment (2025-11-26): Accepted as is.
    11/26/2025 No 2 B B B B B B B B B B   PA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000105568 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Statement for Second Mortgage, XXXX, for XXXX, is not in file.       Reviewer Comment (2025-12-23): Received HELOC Agreement for 2nd lien on property XXXX. Exception cleared.


Seller Comment (2025-12-23): Comment from XXXX (XXXX): New Heloc opened with XXXX XXXX
12/23/2025     No 1 C A C A C A C A C A   SC Investment Purchase   D A C A A A D A   N/A No
XXXXX 4000105568 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Secondary valuation is missing.       Reviewer Comment (2025-12-29): Received CDA. Exception cleared.


Seller Comment (2025-12-29): Comment from XXXX (XXXX): CDA
12/29/2025     No 1 D A D A D A D A D A   SC Investment Purchase   D A C A A A D A   N/A No
XXXXX 6000103919 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   File is missing a copy of the final title policy.       Reviewer Comment (2026-01-21): Received, Clearing.
01/21/2026     No 1 A A A A A A A A A A   HI Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 6000103919 XXXXX   XXXXX     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.   Title policy amount is not provided on Title Preliminary report.       Reviewer Comment (2026-01-21): Received, Clearing.


Seller Comment (2026-01-21): finally got what you needed.


Reviewer Comment (2026-01-21): Please provide the Final Title Policy or a commitment with the correct loan amount.


Seller Comment (2026-01-21): i also sent another email to the title insurer but they are going to issue the final policy in the amount located on the Alta they sent.


Seller Comment (2026-01-21): Title noted this on the XXXX when i asked again. can you not accept the Alta Letter showing the loan amount as XXXX.
XXXX

This is all that I have for this escrow as this closed/record on XXXX

XXXX


Seller Comment (2026-01-21): Title noted this on the XXXX when i asked again. can you not accept the Alta Letter showing the loan amount as XXXX.
XXXX

This is all that I have for this escrow as this closed/record on XXXX
XXXX


Reviewer Comment (2026-01-08): We need a title commitment or prelim with policy amount listed.


Seller Comment (2026-01-07): Title Letter for XXXX
01/21/2026     No 1 C A C A C A C A C A   HI Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000109568 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX: Creditor did not provide a copy of each valuation to applicant three XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-26): Accepted as is.
    01/26/2026 No 2 B B B B B B B B B B   IN Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000103574 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three XXXX) business days prior to consummation. Verification appraisal was delivered to borrower within 3 business days prior to consummate.       Reviewer Comment (2026-01-28): Accepted as is.
    01/28/2026 No 2 B B B B B B B B B B   PA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000109924 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - The verification of employment is missing.       Reviewer Comment (2026-02-27): Cleared VVOE received.


Seller Comment (2026-02-27): Comment from XXXX (XXXX): voe


Reviewer Comment (2026-02-17): Freddie Mac requires vvoe within 10 days of note.


Seller Comment (2026-02-17): Comment from XXXX (XXXX): lox rebuttal
02/27/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000112631 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-12): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114598 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-02-12): Accepted as is.
    02/12/2026 No 2 B B B B B B B B B B   TX Investment Purchase   C B A A B B C B   N/A No
XXXXX 4000114598 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: 7           Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Field Review supporting original appraisal valuation.


Reviewer Comment (2026-03-04): The CDA in the file is a higher tiered product so to resolve an Field Review is needed as long as it meets value.


Buyer Comment (2026-03-04): Comment from XXXX (XXXX): Review the AVM located in the unordered documents please.
04/08/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C B A A B B C B   N/A No
XXXXX 4000114598 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2   A   A   A   A   B   TX Investment Purchase   C B A A B B C B   N/A No
XXXXX 4000110103 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   The file is missing a Business Purpose Certificate.       Reviewer Comment (2026-03-01): Received Business Purpose Certificate. Exception cleared.


Seller Comment (2026-02-28): Comment from XXXX (XXXX): attached is the signed form as requested
03/01/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A C A A A C A   N/A No
XXXXX 4000110103 XXXXX   XXXXX     Property Property - Appraisal Property Eligibility - Zoning and Usage Property - Appraisal Valuation Issue: Subject use is illegal for zoning. - Zoning reflects XXXX on appraisal dated XXXX.
CDA reflects XXXX units does not have adequate ingress/egress with only one doorway.
      Reviewer Comment (2026-04-16): Updated appraisal indicates the property is Legal Non-conforming however, the appraiser did not comment the property can be rebuilt if destroyed


Seller Comment (2026-04-16): Comment from XXXX (XXXX): a
04/16/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A C A A A C A   N/A No
XXXXX 4000114822 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Document is missing for Property XXXX       Reviewer Comment (2026-03-02): HOI received. Cleared


Seller Comment (2026-03-02): Comment from XXXX (XXXX): HOI
03/02/2026     No 1 C A C A C A C A C A   AZ Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000112225 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Mortgage Statement not provided.       Reviewer Comment (2026-03-06): Received, Clearing.


Seller Comment (2026-03-06): Comment from XXXX (XXXX): Please see attached
03/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000112225 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-02-20): Accepted as is.
    02/20/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000113296 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 Note Date:  ___; Lien Position: ___ Loan is to be securitized. AVM provided.       Reviewer Comment (2026-02-20): Accepted as is per client.
    02/20/2026 No 2 B B B B B B B B B B   WV Second Home Purchase   C B A A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113296 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX: Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-02-20): Accepted as is per client.
    02/20/2026 No 2 B B B B B B B B B B   WV Second Home Purchase   C B A A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113296 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount ofXXXXexceeds tolerance of XXXX over legal limit.Sufficient  cure was provided to the borrower.       Reviewer Comment (2026-03-30): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Buyer Comment (2026-03-27): Comment fromXXXX (XXXX): this cure for $XXXX was already done on the final CD---this condition is not valid
03/30/2026     No 1 C A C A C A C A C A   WV Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113296 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX over legal limit. Insufficient or no cure was provided to the borrower       Reviewer Comment (2026-04-07): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): proof XXXX delivered package


Reviewer Comment (2026-04-01): XXXX received PCCD, LOE, Refund Check and Proof of Mailing.    XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): lox pccd cure check and label
  XXXXX   No 2 C B C B C B C B C B   WV Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114391 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX business days prior to consummation.       Reviewer Comment (2026-02-23): Accepted as is.
    02/23/2026 No 2 B B B B B B B B B B   NH Second Home Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113652 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-03-12): Received E-Sign Consent Agreement. Exception cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): econsent
03/12/2026     No 1 C A C A C A C A C A   CO Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113652 XXXXX   XXXXX     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. Colorado CCC First Lien Disclosure is missing.       Reviewer Comment (2026-02-23): Accepted as is.
    02/23/2026 No 2 B B B B B B B B B B   CO Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113652 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-09): XXXX received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-04-08): Comment from XXXX (XXXX)): you can see on the initial LE dated XXXX the $XXXX figure was disclosed at the beginning for the CDA Review. Then XXXX added the $XXXX fee which actually should have taken the place of the $XXXX (they were for the same charge).---see attached lox pccd cure check and label for refund to borrower of the $XXXX


Buyer Comment (2026-04-07): Comment from XXXX (XXXX): you can see on the initial LE dated XXXX the $XXXX figure was disclosed at the beginning for the CDA Review. Then ART added the $XXXX fee which actually should have taken the place of the $XXXX (they were for the same charge).


Reviewer Comment (2026-03-16): XXXX  received COC dated XXXX. but it does not give sufficient information on requirements of CDA review to added conditions on XXXX by UW. Please provide additional information with supporting documentation of the reason for the condition added and what information was received that required the addition of Review fee and when was that information received. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): cure is not valid---see 2.12 COC ----please waive condition, no suspense fees should be incurred
  XXXXX   No 2 C B C B C B C B C B   CO Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113652 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Verification(s) of employment is missing.       Reviewer Comment (2026-03-12): Received Third Party Verification of Employment. Exception cleared.


Buyer Comment (2026-03-12): Comment from XXXX (XXXX): see page 164 of your investor loan package that is the closing voe---condition is not valid no suspense fees should be incurred
03/12/2026     No 1 C A C A C A C A C A   CO Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113600 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-02-25): Accepted as is.
    02/25/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000118275 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-03-02): Received, Clearing.


Seller Comment (2026-03-02): Comment from XXXX (XXXX): misc doc
03/02/2026     No 1 C A C A C A C A C A   ME Second Home Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118275 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal (XXXX)was sent XXXX.       Reviewer Comment (2026-02-26): Accepted as is.
    02/26/2026 No 2 B B B B B B B B B B   ME Second Home Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118275 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee increased from $XXXX to $XXXX, an increase of $XXXX. A cure of $XXXX was provided.       Reviewer Comment (2026-02-25): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   ME Second Home Refinance - Cash-out - Other Final CD evidences Cure C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118275 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline DU/DO or LP/LPA Rating/Result is ineligible for a Second Home or Investment Property on GSE loans.   DU reflects approve/ineligible findings due to loan amount. The loan was locked as agency conforming with Approval Eligible findings.       Reviewer Comment (2026-03-02): Received, Clearing.


Seller Comment (2026-03-02): Comment from XXXX (XXXX): misc
03/02/2026     No 1 C A C A C A C A C A   ME Second Home Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115665 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-02-27): Accepted as is.
    02/27/2026 No 2 B B B B B B B B B B   GA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000116786 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Appraisal sent XXXX.       Reviewer Comment (2026-03-03): Accepted as is.
    03/03/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000115596 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.
Remove/Clear Exceptions.
      Reviewer Comment (2026-03-03): Accepted as is.
    03/03/2026 No 2 B B B B B B B B B B   MD Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000115060 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-03-03): Accepted as is.
    03/03/2026 No 2 B B B B B B B B B B   NY Investment Purchase   C B C A C B A A   N/A No
XXXXX 4000115060 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. The valuation indicates 'Owner-occupied'       Reviewer Comment (2026-04-03): Received, Clearing.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): corrected appraisal


Reviewer Comment (2026-03-17): The appraisal needs corrected from being owner occupied.


Buyer Comment (2026-03-17): Comment from XXXX (XXXX): see starting on page 868 of your loan package--the final 1003 is correct
04/03/2026     No 1 C A C A C A C A C A   NY Investment Purchase   C B C A C B A A   N/A No
XXXXX 4000115060 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX exceeds AUS total debt ratio ofXXXX%.       Reviewer Comment (2026-03-17): Received, Clearing.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): UPDATED DU FINDINGS
03/17/2026     No 1 C A C A C A C A C A   NY Investment Purchase   C B C A C B A A   N/A No
XXXXX 4000117098 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX.       Reviewer Comment (2026-04-08): Missing income documentation received


Reviewer Comment (2026-04-08): EXCEPTION HISTORY - Exception Detail was updated on XXXX PRIOR Exception Detail: Qualified Mortgage (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX


Seller Comment (2026-04-08): Comment from XXXX (XXXX): XXXX showing all PASS attached


Reviewer Comment (2026-03-26): Failing due to deed account statement for asset ending XXXX.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): XXXX report
04/08/2026     No 1 B A C A B A C A B A   TN Second Home Refinance - Limited Cash-out GSE Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117098 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - S-Corp General QM: Unable to verify S-Corp income using reasonably reliable third-party records. General QM: Unable to verify S-Corp income using reasonably reliable third-party records. (XXXX       Reviewer Comment (2026-03-26): Provided. Cleared


Seller Comment (2026-03-26): Comment from XXXX (XXXX)): third party validation
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-03-27): XXXX received initial CD.


Seller Comment (2026-03-26): Comment XXXX (XXXX)): CD
03/27/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE No Defined Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. Sufficient or excess cure was provided to the borrower at Closing. (XXXX)       Reviewer Comment (2026-03-03): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   TN Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117098 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing in the file.       Reviewer Comment (2026-03-26): Provided. Cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): Fraud Report
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Provide Business Tax Return Form XXXX of business "XXXX" for Year XXXX and Year XXXX.       Reviewer Comment (2026-03-26): Provided. Cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): 2024 1120-S
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Borrower's Income was verified by Tax Returns and 2 years corresponding Tax Transcripts were not provided.   Provide copy of K-1 for Year XXXX and XXXX of business "XXXX".       Reviewer Comment (2026-03-26): Provided. Clearing.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): 2024 K-1
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.       Reviewer Comment (2026-04-08): Missing income documentation received


Seller Comment (2026-04-08): Comment from XXXX (XXXX)): XXXX showing all Passing attached


Reviewer Comment (2026-03-26): Failing due to deed account statement for asset ending XXXX.


Seller Comment (2026-03-26): Comment from XXXX (XXXX)): XXXX
04/08/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-03-26): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): Fraud Report
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117098 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Need account statement for asset ending xXXXX.       Reviewer Comment (2026-03-26): Rceived Bank statements. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX)): bank statement
03/26/2026     No 1 C A C A C A C A C A   TN Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000109549 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is not within 10 business days of the Note. -         Reviewer Comment (2026-03-31): Paystub within 15 days of closing is an alternative method for VVOE


Reviewer Comment (2026-03-18): Required VVOE within 10 business days of the Note. Exception remains.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): please see attached and waive
03/31/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000109549 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - One of the following types of income documentation is required:
§ Copy of award letter or letters from the organizations providing the income
§ Most recent personal income tax return with all schedules
§ Most recent W2 or XXXX
§ Most recent two (2) months bank statements showing deposit of funds
      Reviewer Comment (2026-04-06): Income restructured to use bonus income


Seller Comment (2026-04-06): Comment from XXXX (XXXX)): income restructured


Reviewer Comment (2026-03-18): Required evidence for IRA Distribution income. Exception remains.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): Asset depletion. Required docs were delivered. Attaching again.
04/06/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000109549 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.         Reviewer Comment (2026-04-06): Income restructured to use bonus income
04/06/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000109549 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX.       Reviewer Comment (2026-04-06): Income restructured to use bonus income
04/06/2026     No 1 B A C A B A C A B A   NC Second Home Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115430 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ Hazard Insurance Policy Effective DateXXXX, Disbursement Date: XXXX       Reviewer Comment (2026-04-06): Attestation no property damage from the note date to hazard policy effective date, cleared


Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached investor email regarding accepting a borrower attestation along with email from the borrower for this condition.
04/06/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115430 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - VOE within XXXX days of closing not in file for borrower Wages / Start Date: XXXX       Reviewer Comment (2026-03-21): Received, Clearing.


Seller Comment (2026-03-20): Comment fromXXXX (XXXX): Please see attached VOE
03/21/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115422 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-11): Clearing based on review coming back within tolerances.
03/11/2026     No 1 C A C A C A C A C A   RI Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000115422 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Account Statement is missing for financial institution XXXX.       Reviewer Comment (2026-03-11): Statement, cleared


Seller Comment (2026-03-11): Comment fromXXXX (XXXX) uploaded requested bank statement
03/11/2026     No 1 C A C A C A C A C A   RI Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000114921 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount ofXXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-16): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/16/2026     No 1 C A C A C A C A C A   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114921 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. . Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-16): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-12): Comment fromXXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/16/2026     No 1 C A C A C A C A C A   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116578 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-16): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded LOE and LE documents
03/16/2026     No 1 C A C A C A C A C A   CA Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115197 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance ofXXXXover legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided to the Borrower.       Reviewer Comment (2026-03-16): XXXX Received Valid COC dated XXXX along with lock document.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and rate lock agreement documents
03/16/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115197 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided to the borrower .       Reviewer Comment (2026-03-16): XXXX Received Valid COC dated XXXX along with lock document.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and rate lock agreement documents
03/16/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113292 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. -         Reviewer Comment (2026-04-24): VVOE received


Seller Comment (2026-04-24): Comment from XXXX (XXXX): attached


Reviewer Comment (2026-04-17): Received VVOE after Note date. Required VVOE within 10 business days of the Note. Exception remains.


Seller Comment (2026-04-17): Comment from XXXX (XXXX): attached


Reviewer Comment (2026-03-31): The VVOE provided does not match the employer on the paystub and W-2, the google search does not verify employer listed on the VVOE


Seller Comment (2026-03-31): Comment from XXXX (XXXX): voe provided is the employer XXXX


Reviewer Comment (2026-03-26): Provide VVOE for Florida XXXX. Exception remains.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): voe attached
04/24/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115832 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification document is not  provided.       Reviewer Comment (2026-04-01): Cleared Hazard insurance provided.


Seller Comment (2026-04-01): Comment from XXXX (XXXX)): attached
04/01/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000114942 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation for second appraisal       Reviewer Comment (2026-03-11): Accepted as is.
    03/11/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
XXXXX 4000116492 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-12): Accepted as is.
    03/12/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116492 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-04-10): XXXX received initial CD.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): CD XXXX attached
04/10/2026     No 1 C A C A C A C A C A   NC Second Home Purchase No Defined Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116492 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (XXXX) business days of application. Initial Loan Estimate datedXXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.         Reviewer Comment (2026-04-10): XXXX received earliest e-consent.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): esign consent attached
04/10/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116492 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to includeXXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-04-28): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-27): Comment from XXXX (XXXX): PCCD, refund check, refund letter and fed ex label attached


Reviewer Comment (2026-04-24): XXXX received PCCD with cure. Missing copy of refund check, proof of mailing & LOE.


Seller Comment (2026-04-23): Comment from XXXX (XXXX): Original CD and final CD with cure shown


Reviewer Comment (2026-04-22): XXXX received COC dated XXXX, however we require copy of refund check, proof of mailing & LOE for cure of $XXXX provided on PCCD. Also, we require information why principal reduction of $XXXX was charged to borrower.


Seller Comment (2026-04-20): Comment from XXXX (XXXX): COC


Reviewer Comment (2026-04-16): XXXX received PCCD with cure amount, however on sec H $XXXX amount is charged to borrower. Please provide additional information why $XXXX charged to borrower. Also, missing copy of refund check, proof of mailing & LOE for $XXXX cure provided on sec J.


Seller Comment (2026-04-15): Comment from XXXX (XXXX): PCCD uploaded


Reviewer Comment (2026-04-14): XXXX received COC dated XXXX, but it does not give sufficient information on why the UW required for CDA In order to determine if the changed circumstance is valid more information is necessary on reason fee added and when lender became aware of the change.  A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): COC with LE attached


Reviewer Comment (2026-04-10): XXXX received final CD with CDA fee which was already in file however, the fee was added on final CD without providing any valid COC in file. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required.
Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): CD with CDA fee disclosed
  XXXXX   No 2 C B C B C B C B C B   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116492 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by XXXX.  Provide updated policy reflecting minimum coverage of XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-13): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): RCE attached


Reviewer Comment (2026-04-09): File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX  of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at $XXXX.


Buyer Comment (2026-04-09): Comment from XXXX (XXXX): Existing insurance provided has $XXXX  plus XXXX additional replacement cost for a total of $XXXX in coverage which meets min coverage stated in condition
04/13/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116492 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   AUS was not provided.  The loan was locked as agency conforming, the 1008 list manual underwrite.  Manual UW is not allowed on an agency conforming loan.       Reviewer Comment (2026-04-09): AUS provided. Cleared.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): AUS attached
04/09/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116492 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit AUS Findings: Loan amount discrepancy.   NEW EXCEPTION:  Based on AUS provided, loan amount incorrect.       Reviewer Comment (2026-04-13): Received AUS. Exception cleared.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Updated AUS provided
04/13/2026     No 1   A   A   A   A   A   NC Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115391 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   CDA provided is incomplete.       Reviewer Comment (2026-03-13): Received CDA. Exception cleared.


Seller Comment (2026-03-13): Comment from XXXX (XXXX): uploaded cda document
03/13/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - VVOE for Coborrower is ineligible. Unable to determine date provided.       Reviewer Comment (2026-04-01): Received paystubs and VVOE


Seller Comment (2026-04-01): Comment from XXXX (XXXX) uploaded VVOE and paystub documents


Reviewer Comment (2026-03-17): Provide VVOE and recent Paystubs for Borrower. Exception remains.


Seller Comment (2026-03-17): Comment from XXXX (XXXX)): uploaded requested VVOE that is dated 2/13
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit report is incomplete .       Reviewer Comment (2026-03-16): Received credit report


Seller Comment (2026-03-16): Comment from XXXX (XXXX): uploaded requested credit report document
03/16/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   CDA provided is incomplete.       Reviewer Comment (2026-03-13): Received CDA. Exception cleared.
03/13/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.       Reviewer Comment (2026-03-12): Client elects to waive
    03/12/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000116763 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need the tax certificate for XXXX property.       Reviewer Comment (2026-04-03): Received Tax Certificate. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX) TAx bill with county docs showing for XXXX
04/03/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000116763 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business Purpose Certificate not provided in file       Reviewer Comment (2026-04-22): Business Purpose Certificate, cleared


Seller Comment (2026-04-22): Comment from XXXX (XXXX): Business purpose affidavit provided
04/22/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Cure was not provided.       Reviewer Comment (2026-03-18): XXXX Received Valid COC dated XXXX along with detailed information about Product change.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/18/2026     No 1 C A C A C A C A C A   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Cure was not provided.       Reviewer Comment (2026-03-18): XXXX Received Valid COC dated XXXX along with detailed information about Product change.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/18/2026     No 1 C A C A C A C A C A   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate       Reviewer Comment (2026-04-13): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): uploaded updated cd, loe, XXXX, check


Reviewer Comment (2026-04-03): XXXX received lender rebuttal and lender's finance charges included in their calculation.  However, the Title-Title-Attorney fee of $XXXX and the Title-Mail Away Fee $XXXX were not included in lender's calculation. XXXX did not include the $XXXX title-update & record fee which makes for the $XXXX underdisclosure of Lender's finance charge calculation.  Lender can provide a lender's attestation that gives the specific services/purpose of the title-Attorney fee & Title-Mail Away fee for further review.  XXXX included these fees as the title-attorney fee appears to be the settlement/closing fee for this transaction as there is no other closing/settlement fees and the Title-Mail Away fee appears to be a courier type fee which is also a finance charge.  Otherwise cure would be Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing to cure.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): uploaded LOE document


Reviewer Comment (2026-03-18): Current fees being tested as APR fee are Application, Flood, Funding Fee, Discount Points, Interest, Processing Fee, Tax Service, Verification of Employment.  Title fees tested as APR fees are Attorneys Fee, CPL, Courier (which includes Mail Away and Overnight Fees) E-doc Fee, Processing Fee, Admin Fee.


Buyer Comment (2026-03-17): Comment from XXXX (XXXX): Please provide your APR fees
  XXXXX   No 2 C B C B C B C B C B   SC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on pageXXXX that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). The disclosed Finance Charge in the amount of XXXX is under disclosed byXXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold.       Reviewer Comment (2026-04-13): XXXX eceived Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): uploaded updated cd, loe, XXXX, check


Reviewer Comment (2026-04-03): XXXX received lender rebuttal and lender's finance charges included in their calculation.  However, the Title-Title-Attorney fee of $XXXX and the Title-Mail Away Fee $XXXX were not included in lender's calculation. XXXX did not include the $XXXX title-update & record fee which makes for the $XXXX underdisclosure of Lender's finance charge calculation.  Lender can provide a lender's attestation that gives the specific services/purpose of the title-Attorney fee & Title-Mail Away fee for further review.  XXXX included these fees as the title-attorney fee appears to be the settlement/closing fee for this transaction as there is no other closing/settlement fees and the Title-Mail Away fee appears to be a courier type fee which is also a finance charge.  Otherwise cure would be Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing to cure.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): uploaded updated LOE
  XXXXX   No 2 C B C B C B C B C B   SC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116382 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of XXXX  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-12): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   VA Second Home Purchase Final CD evidences Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116382 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-12): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   VA Second Home Purchase Final CD evidences Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116382 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure is provided.       Reviewer Comment (2026-03-19): XXXX received valid COC document


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LOE, COC, lock agreement documents
03/19/2026     No 1 C A C A C A C A C A   VA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116382 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure is provided.       Reviewer Comment (2026-03-19): XXXX received valid COC document


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LOE, COC, lock agreement documents
03/19/2026     No 1 C A C A C A C A C A   VA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116165 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial Escrow Account statement does not match charges on HUD-1/Final Closing Disclosure.       Reviewer Comment (2026-03-12): Accepted as is.
    03/12/2026 No 2 B B B B B B B B B B   CA Second Home Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113877 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-03-19): XXXX received XXXX Initial CD, 3 business days prior to the consummation.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): Initial Closing Disclosure w/Fulfillment Certs
03/19/2026     No 1 C A C A C A C A C A   GA Second Home Refinance - Limited Cash-out GSE No Defined Cure D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113877 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-07): Received, Clearing.


Reviewer Comment (2026-03-18): PDI Ordered XXXX. Exception will be cleared upon receipt.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): Disaster End Date:  XXXX. House built 2017.
04/07/2026     No 1 C A C A C A C A C A   GA Second Home Refinance - Limited Cash-out GSE   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113877 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-03-26): Received AVM. Exception cleared.


Seller Comment (2026-03-26): Comment fromXXXX (XXXX): AVM with supporting value and YEAR BUILT
03/26/2026     No 1 D A B A D A C A D A   GA Second Home Refinance - Limited Cash-out GSE   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113877 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   GA Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113877 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2   B   B   B   B   B   GA Second Home Refinance - Limited Cash-out GSE   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115268 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI OrderedXXXX       Reviewer Comment (2026-03-21): Received, Clearing.
03/21/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000115268 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation       Reviewer Comment (2026-04-07): Received AVM. Exception cleared.


Seller Comment (2026-04-07): Comment fromXXXX (XXXX): Please see attached
04/07/2026     No 1 D A B A D A C A D A   SC Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000115268 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX + XXXX       Reviewer Comment (2026-03-21): Received, Clearing.


Reviewer Comment (2026-03-20): Valuation Received - XXXX
03/21/2026     No 1   A   A   A   A   A   SC Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000115268 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2   B   B   B   B   B   SC Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000116328 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-22): Received UCDP report. Exception cleared.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): a


Reviewer Comment (2026-04-09): Per 7.3 of the guidelines:
7.3 THIRD PARTY APPRAISAL REVIEW
§ Loans should be submitted to XXXX  fulfillment vendor with completed third-party review that validates the
origination appraisal. Either a XXXX - XXXX "CDA" or a XXXX Valuation - Appraisal Risk
Review "ARR" are acceptable. Loans delivered without a third-party valuation report will have one performed by
XXXX.
- Loans using an Appraisal Waiver will need an AVM as a third-party valuation. If an AVM comes back outside of
tolerance, the next option would be a Brokers Price Opinion "BPO"
- An AVM will be permitted with the following conditions
§ Must be submitted with a property condition report detailing exterior photos. Property condition report to
show the underlying property to be in adequate condition
§ AVM must be dated within 60 days of the Note Date
§ AVM must have an acceptable confidence score
§ AVM must be provided by an acceptable Rating Agency or XXXX approved provider
(see below for partial list)
Approved AVM Vendors
Minimum Confidence
Score
XXXX >=.80
XXXX >=.82
XXXX >=.80
XXXX >=.80
XXXX >=.80
§ The Vendor Appraisal/Value Review final opinion of value must be within -XXXX of the origination appraisal(s) or sales
price
§ The Seller may utilize a Submission Summary Report as a secondary valuation if the score is <=2.5.
- File must include a copy of the Submission Summary Report that coincides with the corresponding AUS utilized
to underwrite the file
§ Desk review is not required for loans with two (2) appraisals


Buyer Comment (2026-04-08): Comment from XXXX (XXXX): Hello,  Can you please clarify why a second evaluation is required?


Reviewer Comment (2026-03-16): Provided Secondary valuation. Exception remains.


Seller Comment (2026-03-16): Comment fromXXXX (XXXX): a
04/22/2026     No 1 D A D A D A D A D A   TX Investment Refinance - Cash-out - Other   D A A A A A D A   N/A No
XXXXX 4000113278 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-18): Accepted as is.
    03/18/2026 No 2 B B B B B B B B B B   KY Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000113278 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Missing Final 1003s for all borrowers on loan.       Reviewer Comment (2026-03-26): Received, Clearing.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): Please see attached
03/26/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000117547 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee. Fee Amount of XXXX exceeds tolerance of XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-22): XXXX Received Corrected pccd and LOE with correct fee name.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): uploaded PCCD and LOE


Reviewer Comment (2026-03-26): XXXX received LOE, however wire fee was disclosed without title prefix. If fee a title fee, corrected PCCD updating title prefix and LOE are required.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded LOE document


Reviewer Comment (2026-03-23): XXXX No New Document received for added the fee and provided XXXX COC in the loan file does not give sufficient information on why the wire protection fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee added and when lender became aware of the change.  A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Buyer Comment (2026-03-19): Comment from XXXX (XXXX): Uploaded LOE, ICD, COC, and Rate Lock Agreement
04/22/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118375 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Provide Hazard Insurance Policy Effective Date XXXX       Reviewer Comment (2026-05-04): Received updated Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-05-03): Comment from XXXX (XXXX): a


Reviewer Comment (2026-03-26): Received CD and First Payment Letter. These items do resolve this exception.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): a


Reviewer Comment (2026-03-20): We need the prior policy to show coverage from XXXX.


Seller Comment (2026-03-20): Comment from XXXX (XXXX): a
05/04/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118375 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Statement is missing forXXXX       Reviewer Comment (2026-05-12): Cleared, insurance received. Statement previously received


Seller Comment (2026-05-12): Comment from XXXX (XXXX): a


Reviewer Comment (2026-05-04): Received Letter of explanation is not signed. Exception remains.


Seller Comment (2026-05-03): Comment from XXXX (XXXX): a


Reviewer Comment (2026-03-20): We need a copy of the mortgage statement for this property.


Seller Comment (2026-03-20): Comment from XXXX (XXXX): a
05/12/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118375 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement not provided       Reviewer Comment (2026-05-04): Received Closing Disclosure and First Payment Letter Confirming the PITIA amount. Exception cleared.


Seller Comment (2026-05-03): Comment from XXXX (XXXX): a


Reviewer Comment (2026-03-20): We need a copy of the mortgage statement for this property.


Seller Comment (2026-03-20): Comment from XXXX (XXXX): a
05/04/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000115731 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003           Reviewer Comment (2026-04-08): Signed final 1003 received


Reviewer Comment (2026-03-25): Require Final 1003 with closing date. Exception remains.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): uploaded signed 1003
04/08/2026     No 1 C A C A C A C A C A   MA Second Home Refinance - Limited Cash-out GSE   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117195 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-03-18): Accepted as is.
    03/18/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117195 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy Mortgage Statement.       Reviewer Comment (2026-04-02): Received HELOC Agreement for the property XXXX. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Please see attached
04/02/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117195 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-18): Accepted as is.
    03/18/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117195 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of XXXX exceeds tolerance ofXXXX. Insufficient or no cure was provided to the borrower. No cure was provided       Reviewer Comment (2026-04-08): XXXX received LOE and LOS snip for changes made on XXXX.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please review the attached


Reviewer Comment (2026-04-03): XXXX received rebuttal comment and updated CD dated XXXX with COC. However, the lender credit decreased on XXXXfinal CD from XXXXand there seems to be no valid COC in the loan file for the credit decreased. Additionally, the fee cannot be re-baselines for increase or decrease of fee post-closing by COC dated XXXX. Provide valid COC for the credit decrease on final CD dated XXXX or Cure would be due to borrower.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): The loan was locked onXXXXand the lender credit disclosed were XXXX, so we will not consider any changes before loan was locked for pricing. Then, Discount Points increased on XXXX and these were disclosed within the three day time frame. Please find attached COC CD stating the same.
04/08/2026     No 1 C A C A C A C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117195 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided       Reviewer Comment (2026-04-08): XXXX received LOE and LOS snip for changes made on XXXX.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please review the attached


Reviewer Comment (2026-04-03): XXXX received rebuttal comment and updated CD dated XXXXwith COC. However, the loan discount point fee added on XXXX final CD and there seems to be no valid COC in the loan file for the fee added. Additionally, the fee cannot be re-baselines for increase or decrease of fee post-closing by COC dated 03/10. Provide valid COC for the fee added on final CD dated 03/09 or Cure would be due to borrower.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): The loan was locked on XXXX and the lender credit disclosed were XXXX, so we will not consider any changes before loan was locked for pricing. Then, Discount Points increased on XXXX and these were disclosed within the three day time frame. Please find attached COC CD stating the same.
04/08/2026     No 1 C A C A C A C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119327 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   Loans using an AUS Appraisal Waiver will need an AVM as a third-party valuation       Reviewer Comment (2026-04-06): Received AVM. Exception cleared.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): Please see attached
04/06/2026     No 1 D A B A D A C A D A   NJ Investment Refinance - Limited Cash-out GSE   D B C A A B D B   N/A No
XXXXX 4000119327 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI Ordered XXXX       Reviewer Comment (2026-03-21): Received, Clearing.
03/21/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Limited Cash-out GSE   D B C A A B D B   N/A No
XXXXX 4000119327 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX - XXXX       Reviewer Comment (2026-03-21): Received, Clearing.


Reviewer Comment (2026-03-20): Valuation Received - XXXX
03/21/2026     No 1 A A A A A A A A A A   NJ Investment Refinance - Limited Cash-out GSE   D B C A A B D B   N/A No
XXXXX 4000119327 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2   B   B   B   B   B   NJ Investment Refinance - Limited Cash-out GSE   D B C A A B D B   N/A No
XXXXX 4000119327 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2   B   B   B   B   B   NJ Investment Refinance - Limited Cash-out GSE   D B C A A B D B   N/A No
XXXXX 4000113731 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year XXXX of  on Final Closing Disclosure provided on XXXX are underdisclosed. Missing page XXXX of Final CD.       Reviewer Comment (2026-04-06): XXXX received updated final CD and non-escrow property costs correctly disclosed to the consumer.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): see all pages of Final CD


Reviewer Comment (2026-04-03): XXXX received CD page 4. However, XXXXalso required fully completed copy of the final CD to reevaluate and re-baseline this exception.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): see attached page 4
04/06/2026     No 1 C A C A C A C A C A   VA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113731 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Overdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX did not disclose the Monthly Escrow Payment. Loan Disclosures: Final Closing Disclosure provided onXXXX did not disclose the Monthly Escrow Payment. (Final/XXXX)       Reviewer Comment (2026-04-06): XXXX received completed copy of the final CD and monthly escrow payment was correctly disclosed to the consumer.
04/06/2026     No 1 A A A A A A A A A A   VA Second Home Purchase Provide the following: Letter of Explanation notifying borrower or error and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114776 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset AUS Findings: Available for Reserves discrepancy.   Calculated Available for Reserves of XXXX is less than AUS Available for Reserves of XXXX       Reviewer Comment (2026-04-28): Additional business assets received


Seller Comment (2026-04-28): Comment fromXXXX (XXXX): misc docs


Reviewer Comment (2026-04-22): Received Bank statements from XXXX #XXXX and #XXXXwere after Note date. Exception remains.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): misc


Reviewer Comment (2026-03-24): Business accounts XXXX and XXXX were used for qualifying per LP however, they are missing from the file. Verified assets are XXXX XXXX$XXXX, XXXX $XXXX, XXXX XXXX$XXXX, XXXX XXXX$XXXX, XXXX $XXXX,XXXX $XXXX, EMD $XXXX.


Buyer Comment (2026-03-24): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX. XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX$XXXX, XXXX #XXXX $XXXX, XXXX#XXXX, XXXX #XXXX $XXXX Total: $XXXX verified assets Final CD $XXXX is the remaining amount for reserves. updated with current XXXX statement even with the corrections we still have more than enough


Reviewer Comment (2026-03-21): The comments have Wells accounts XXXX using the jan statement not the most recent feb that was in the file.


Buyer Comment (2026-03-20): Comment from Julie Robinson (XXXX.): Per DU the required reserve amount is XXXX. XXXX XXXX XXXX XXXX XXXX, XXXX XXXX, XXXX XXXX verified assets

Final CD XXXX

XXXX is the remaining amount for reserves
04/28/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000114776 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS Findings: Qualifying asset balance discrepancy.   Calculated qualifying asset balance of XXXX is less than AUS qualifying asset balance of XXXX       Reviewer Comment (2026-04-28): Additional business assets received


Seller Comment (2026-04-28): Comment from XXXX (XXXX): misc docs


Reviewer Comment (2026-04-22): Received Bank statements from XXXX #XXXX and # XXXX were after Note date. Exception remains.


Seller Comment (2026-04-22): Comment fromXXXX (XXXX): XXXX Assets


Reviewer Comment (2026-03-24): Business accounts XXXX and XXXX were used for qualifying per LP however, they are missing from the file. Verified assets are XXXX XXXX$XXXX, XXXX $XXXX, XXXX $XXXX, XXXX XXXX $XXXX, XXXX XXXX $XXXX, XXXX $XXXX, XXXX $XXXX, EMD $XXXX.


Buyer Comment (2026-03-24): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX. XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX$XXXX, XXXX #XXXX $XXXX, XXXX #XXXX, XXXX #XXXX $XXXX Total: $XXXX verified assets Final CD $XXXX is the remaining amount for reserves. updated with current XXXX statement even with the corrections we still have more than enough


Reviewer Comment (2026-03-21): The comments have Wells accounts XXXX using the jan statement not the most recent feb that was in the file.


Buyer Comment (2026-03-20): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX . XXXX#XXXX $XXXX, XXXX#XXXX, XXXX#XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX, XXXX #XXXX $XXXX Total: $XXXX verified assets Final CD XXXX is the remaining amount for reserves
04/28/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000114776 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of XXXX       Reviewer Comment (2026-04-28): Additional business assets received


Reviewer Comment (2026-04-22): Received Bank statements from XXXX #XXXXXand #XXXXwere after Note date. Exception remains.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): XXXX


Reviewer Comment (2026-03-24): Business accounts XXXX and XXXX were used for qualifying per LP however, they are missing from the file. Verified assets are XXXX XXXX$ XXXX, XXXX $XXXX, XXXX $XXXX, XXXX XXXX $XXXX, XXXX XXXX $XXXX, XXXX $XXXX,XXXX $XXXX, EMD $XXXX.


Buyer Comment (2026-03-24): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX. XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX $XXXX XXXX #XXXX, XXXX #XXXX $XXXX Total: $XXXX verified assets Final CD $XXXX  is the remaining amount for reserves. updated with current XXXX statement even with the corrections we still have more than enough


Reviewer Comment (2026-03-21): The comments have Wells accounts XXXX using the jan statement not the most recent feb that was in the file.


Buyer Comment (2026-03-20): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX. XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX$XXXX, XXXX #XXXX $XXXX, XXXX #XXXX, XXXX #XXXX $XXXX Total: $XXXX verified assets Final CD $XXXX is the remaining amount for reserves
04/28/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000114776 XXXXX   XXXXX     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of XXXX       Reviewer Comment (2026-04-28): Additional business assets received


Reviewer Comment (2026-04-22): Received Bank statements from XXXX #XXXX and XXXX were after Note date. Exception remains.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): XXXX assets


Reviewer Comment (2026-03-24): Business accounts XXXX and XXXX were used for qualifying per LP however, they are missing from the file. Verified assets are XXXX XXXX $XXXX, XXXX $XXXX, XXXX $XXXX, XXXX XXXX $XXXX, XXXX  XXXX $XXXX,XXXX$XXXX, XXXX, EMD $XXXX


Buyer Comment (2026-03-24): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX. XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX$XXXX, XXXX #XXXX $XXXX, XXXX #XXXX, XXXX #XXXX Total: $XXXX verified assets Final CD $XXXX is the remaining amount for reserves. updated with current XXXX statement even with the corrections we still have more than enough


Reviewer Comment (2026-03-21): The comments have Wells accounts XXXX using the jan statement not the most recent feb that was in the file.


Buyer Comment (2026-03-20): Comment from XXXX (XXXX): Per DU the required reserve amount is XXXX XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX $XXXX, XXXX #XXXX, XXXX #XXXX $XXXX verified assets Final CD $XXXX is the remaining amount for reserves
04/28/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000114943 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). It appears the difference in finance charge and amount financed have to do with the counter signature fee in the amount of XXXX. It was not included in the lender's calculation at closing       Reviewer Comment (2026-04-13): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Please see attached cure docs.


Reviewer Comment (2026-03-25): XXXX received lender rebuttal.  XXXX has calculated that Finance Charge was $XXXX underdisclosed.  In reviewing lender's compliance report, it appears lender did not include the following fees which would typically be considered related to the extension of credit.  XXXX Report $XXXX, Social Security Number (verif) $XXXX, Tax Return Verif $XXXX and the Title-Counter Signature Fee.  If lender does not agree these fees are finance charges, XXXX would require a Lender's Attestation giving the specific services/purpose provided for each fee to determine if related to the extension of credit.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): Please cancel invalid condition, this fee is not part of finance testing
  XXXXX   No 2 C B C B C B C B C B   CA Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114943 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). It appears the difference in finance charge and amount financed have to do with the counter signature fee in the amount of XXXX. It was not included in the lender's calculation at closing       Reviewer Comment (2026-04-15): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Reviewer Comment (2026-04-13): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Please see attached PCCD cure docs.


Reviewer Comment (2026-03-25): XXXX received lender rebuttal. XXXX has calculated that Finance Charge was $XXXX underdisclosed.  In reviewing lender's compliance report, it appears lender did not include the following fees which would typically be considered related to the extension of credit.  XXXX Report $XXXX, Social Security Number (verif) $XXXX, Tax Return Verif XXXX and the Title-Counter Signature Fee.  If lender does not agree these fees are finance charges, XXXX would require a Lender's Attestation giving the specific services/purpose provided for each fee to determine if related to the extension of credit.


Buyer Comment (2026-03-24): Comment from XXXX (XXXX): Please cancel invalid condition, this fee is not part of finance testing
  XXXXX   No 2 C B C B C B C B C B   CA Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114943 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-18): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114943 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-03-19): Accepted as is.
    03/19/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114617 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXXexceeds tolerance of XXXX plus XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-17): XXXXreceived Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.


Seller Comment (2026-04-16): Comment from XXXX (XXXX): Please see attached proof cure check and PCCD was delivered.


Reviewer Comment (2026-04-09): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see attached PCCD cure check and docs.


Reviewer Comment (2026-03-31): XXXX received rebuttal comment indicates that need to record additional unanticipated document. However, XXXX also required additional information with documentation of the reason for the additional unanticipated document was recorded. What information was received that required to record the document and when was that information received or Cure would be due to borrower.


Seller Comment (2026-03-27): Comment from XXXX (XXXX): Please see attached COC.
  XXXXX   No 2 C B C B C B C B C B   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117720 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three XXXX business days prior to consummation       Reviewer Comment (2026-03-20): Accepted as is.
    03/20/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000117720 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Sufficient cure provided for increase in appraisal fee. Exception will be revisited once all other tolerance exceptions are addressed.       Reviewer Comment (2026-03-25): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception."


Seller Comment (2026-03-24): Comment from XXXX (XXXX) uploaded LOE
03/25/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000117720 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of XXXXover legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for XXXX. Fee Amount of XXXXexceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower       Reviewer Comment (2026-03-25): XXXX received LOE and valid COC.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded LOE, COC, LE, and rate lock agreement documents
03/25/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000117720 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount ofXXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing       Reviewer Comment (2026-03-25): Sufficient Cure Provided At Closing
  XXXXX   No 1   A   A   A   A   A   FL Second Home Purchase Final CD evidences Cure C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000116347 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-03-23): Received, Clearing.
03/23/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000116347 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   AUS approved with an appraisal waiver. Missing secondary valuation.       Reviewer Comment (2026-04-09): AVM provided. Cleared.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): AVM
04/09/2026     No 1 D A B A D A C A D A   CA Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000116347 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX - XXXX       Reviewer Comment (2026-03-23): Received, Clearing.


Reviewer Comment (2026-03-23): Valuation Received - XXXX
03/23/2026     No 1   A   A   A   A   A   CA Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000116347 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-09): Accepted as is per client.
    04/09/2026 No 2   B   B   B   B   B   CA Investment Refinance - Limited Cash-out GSE   D B C A A A D B   N/A No
XXXXX 4000117086 XXXXX   XXXXX     Credit Asset Asset Documentation Guideline The Earnest Money Deposit is unsourced. Please provide source documentation for the Earnest Money Deposit. - Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 D A D A D A D A D A   MD Second Home Purchase   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117086 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 B A C A B A C A B A   MD Second Home Purchase Lender to provide updated ATR/QM status D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117086 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - Assets General QM: Unable to verify assets using reasonably reliable third-party records. Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 C A C A C A C A C A   MD Second Home Purchase   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115519 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset AUS Findings: Available for Reserves discrepancy.           Reviewer Comment (2026-04-01): Additional assets received


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of $XXXX is less than AUS Available for Reserves of $XXXX.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): uploaded Horace Mann documents
04/01/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115519 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   DTI exceeds AUS value.       Reviewer Comment (2026-04-08): Received AUS. Exception cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): Updated AUS including primary mortgage debt
04/08/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115519 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS Findings: Qualifying asset balance discrepancy.           Reviewer Comment (2026-04-01): Additional assets received


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated qualifying asset balance of $XXXX is less than AUS qualifying asset balance of $XXXX.
04/01/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115519 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.           Reviewer Comment (2026-04-01): Additional assets received


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated Available for Reserves of XXXX is less than Guideline Available for Reserves of $XXXX.
04/01/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115519 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset AUS Findings: Available for Closing discrepancy.           Reviewer Comment (2026-04-01): Additional assets received


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated onXXXX PRIOR Exception Explanation: Documented qualifying Assets of $XXXX is less than AUS Available for Closing of  $XXXX.
04/01/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115519 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2026-04-01): Additional assets received


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of  $XXXX is less than Cash From Borrower $XXXX.
04/01/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000113677 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-04-06): Received AVM. Exception cleared.


Seller Comment (2026-04-03): Comment fromXXXX (XXXX): Please see attached
04/06/2026     No 1 D A B A D A C A D A   VA Second Home Purchase   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113677 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.       Reviewer Comment (2026-03-23): Received, Clearing.
03/23/2026     No 1 C A C A C A C A C A   VA Second Home Purchase   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113677 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-04-07): XXXX received valid rebuttal comment and supporting COC dated XXXX.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): Please note that the loan amount was updated to $XXXX from $XXXX on LE dated XXXX and on the same day the Transfer taxes were updated $XXXX. This serves as a valid reason for the change in transfer taxes and therefore no cure is applicable for the same. Please find the LE dated XXXX attached for your reference
04/07/2026     No 1 C A C A C A C A C A   VA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000113677 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX - XXXX       Reviewer Comment (2026-03-23): Received, Clearing.


Reviewer Comment (2026-03-22): Valuation Received - XXXX
03/23/2026     No 1   A   A   A   A   A   VA Second Home Purchase   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113677 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2   B   B   B   B   B   VA Second Home Purchase   D B C A C A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113668 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-03-20): Accepted as is.
    03/20/2026 No 2 B B B B B B B B B B   PA Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113668 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. -         Reviewer Comment (2026-04-08): Received Lender Exception. Exception cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): exception approval to fvvoe muller


Reviewer Comment (2026-04-02): Exception requests go to the buyers portal. If the request is granted from the buyer of the loan (XXXX) then we would need the approval.


Buyer Comment (2026-04-02): Comment from XXXX (XXXX): I do not understand (the exception has to come from the buyer of the loan) please clarify.


Reviewer Comment (2026-04-01): The exception approval should come from the buyer of the loan.


Buyer Comment (2026-04-01): Comment fromXXXX (XXXX): as stated in my last message we only have the VVOE datedXXXX. Is there an exception or does this loan not qualify with XXXX?


Reviewer Comment (2026-03-31): VVOE must be completed 10 days prior to the note date. Exception remains


Buyer Comment (2026-03-31): Comment fromXXXX (XXXX): Hello - per our loan processor the loan was to close on XXXX (FVVOEs were completed onXXXX) when the closing date changed to XXXX we did not complete another VVOE. Please let me know if this loan is acceptable for purchase. Thank you


Reviewer Comment (2026-03-24): VVOE received for B1 is dated XXXX which is post closing. Please provide VVOE within 10 days of closing to clear.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): XXXX FOR BOTH
04/08/2026     No 1 C A C A C A C A C A   PA Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113668 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. -         Reviewer Comment (2026-03-24): Received, cleared


Seller Comment (2026-03-24): Comment from XXXX (XXXX): XXXX FVVOE
03/24/2026     No 1 C A C A C A C A C A   PA Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116300 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Master Hazard Insurance Policy is missing       Reviewer Comment (2026-03-31): Received Master Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): Please see attached master policy.
03/31/2026     No 1 C A C A C A C A C A   IL Second Home Refinance - Limited Cash-out GSE   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116300 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-01): PDI received
04/01/2026     No 1 C A C A C A C A C A   IL Second Home Refinance - Limited Cash-out GSE   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116300 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-03-31): AVM received and supports value


Reviewer Comment (2026-03-26): Required Secondary valuation from third party, Exception remains.


Seller Comment (2026-03-26): Comment from XXXX: Please see attached from investor guidelines.
03/31/2026     No 1 D A B A D A C A D A   IL Second Home Refinance - Limited Cash-out GSE   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116300 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX - XXXX       Reviewer Comment (2026-04-01): PDI received


Reviewer Comment (2026-04-01): Valuation Received -XXXX
04/01/2026     No 1   A   A   A   A   A   IL Second Home Refinance - Limited Cash-out GSE   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116300 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-01): Client elects to waive
    04/01/2026 No 2   B   B   B   B   B   IL Second Home Refinance - Limited Cash-out GSE   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119833 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   Rider - 1-4 Family is missing borrower signature.       Reviewer Comment (2026-03-25): Received Rider - 1-4 Family. Exception cleared.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): a
03/25/2026     No 1 C A C A C A C A C A   ID Investment Purchase   D A D A A A A A   N/A No
XXXXX 4000119833 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   Rider - PUD is missing borrower signature.       Reviewer Comment (2026-03-25): Received Rider - PUD. Exception cleared.


Seller Comment (2026-03-25): Comment fromXXXX (XXXX): a
03/25/2026     No 1 C A C A C A C A C A   ID Investment Purchase   D A D A A A A A   N/A No
XXXXX 4000119833 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument - Subject Lien is missing borrower signature.       Reviewer Comment (2026-03-25): Received Security Instrument - Subject Lien. Exception cleared.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): a
03/25/2026     No 1 D A D A D A D A D A   ID Investment Purchase   D A D A A A A A   N/A No
XXXXX 4000119833 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the insurance verification for REO, XXXXX.       Reviewer Comment (2026-04-07): Insurance received- cleared


Seller Comment (2026-04-07): Comment from XXXX (XXXX): a


Reviewer Comment (2026-03-25): Received Tax verification. Please provide Insurance Verification. Exception remains.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): a
04/07/2026     No 1 C A C A C A C A C A   ID Investment Purchase   D A D A A A A A   N/A No
XXXXX 4000116868 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the tax and insurance verification for REO, XXXXX.       Reviewer Comment (2026-04-01): Cleared with mortgage statement and hoa docs


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Please see attached Mtg statement with taxes and insurance escrowed. It is confirmed since insurance was disbursed at XXXX which is $XXXX/mo. Also proof of HOA.
04/01/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   C B C B A A A A   N/A No
XXXXX 4000116868 XXXXX   XXXXX     Credit Property - Appraisal Property Eligibility - Subject and Improvements Property - Appraisal Log homes are ineligible per guidelines.     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 Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The qualifying DTI on the loan is less than or equal to 35%.

The representative FICO score exceeds the guideline minimum by at least 40 points.

The representative FICO score is above 680.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-23): Client exception received.


Seller Comment (2026-04-23): Comment from XXXX (XXXX): Please see attached exception approval.
    04/23/2026 Yes 2 C B C B C B C B C B   TN Investment Refinance - Limited Cash-out GSE   C B C B A A A A   N/A No
XXXXX 4000117088 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:PrimaryXXXX)       Reviewer Comment (2026-03-23): Accepted as is.
    03/23/2026 No 2 B B B B B B B B B B   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117088 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Secondary/XXXX)       Reviewer Comment (2026-03-23): Accepted as is.
    03/23/2026 No 2 B B B B B B B B B B   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117088 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - The verification of employment is required and was not found in file.       Reviewer Comment (2026-03-23): Received VVOE. Exception cleared.


Seller Comment (2026-03-23): Comment from Post Closing (XXXX.): VOE - employment letter head showing contact information
03/23/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117256 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided.           Reviewer Comment (2026-04-03): Received, Clearing.


Buyer Comment (2026-04-02): Comment from XXXX (XXXX): Policy is on page XXXX of the loan file please waive
04/03/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000117550 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   LP used to qualify per 1008. DU was provided.       Reviewer Comment (2026-03-24): Received AUS. Exception cleared.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): Uploaded requested LP document
03/24/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117550 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (XXXX): Borrower provided appraisal waiver less than three (XXXX) business days prior to consummation.         Reviewer Comment (2026-03-23): Accepted as is.
    03/23/2026 No 2 B B B B B B B B B B   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000115866 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Certificate Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. no cure was provided.       Reviewer Comment (2026-04-22): XXXX Received Corrected PCCD and LOE.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): uploaded pccd and loe documents


Reviewer Comment (2026-03-26): XXXX received COC dated XXXX and LOE with reason for change is due to product change and updated fee sheet received from title. However, as per file the loan product was not changed from C 30 OBF Ex. and receipt of new title sheet also required reason as to what new changes has been received to lender/title that required the new service fee for Tax Cert.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded LOE, COC, and ICD documents
04/22/2026     No 1 C A C A C A C A C A   AR Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115520 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-23): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   WV Second Home Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115520 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. E-mail (XXXX) reflect Appraisals sent XXXX       Reviewer Comment (2026-03-23): Accepted as is.
    03/23/2026 No 2 B B B B B B B B B B   WV Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115523 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing HOA verification       Reviewer Comment (2026-03-31): Received HOA Verification. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded HOA document


Reviewer Comment (2026-03-24): Provide HOA for -XXXX (XXXX). Exception remains.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded requested HOA document
03/31/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000115606 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-23): Accepted as is.
    03/23/2026 No 2 B B B B B B B B B B   PA Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119751 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Need the mortgage note to verify the LLC is obligated on the property atXXXX       Reviewer Comment (2026-03-31): Received, Clearing.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): see attached
03/31/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000119751 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need twelve months evidence that  XXXX pays the mortgage for the property atXXXX       Reviewer Comment (2026-03-31): Received, Clearing.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): see attached
03/31/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000119751 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   With new payment for REO the AUS needs rerun.       Reviewer Comment (2026-04-01): Rental calculation updated, DTI now within guidelines


Reviewer Comment (2026-04-01): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): see attached Final CD for loan# XXXX


Reviewer Comment (2026-03-31): As per Note document received for the property XXXX, monthly P&I is XXXX. As per 1003, monthly mortgage payment is $XXXX. Please provide Final Closing Disclosure or First Payment Letter to verify PITIA for the property. Exception remains.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): see attached
04/01/2026     No 1   A   A   A   A   A   NJ Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000114542 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-10): Received AVM. Exception cleared.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): avm
04/10/2026     No 1 D A D A D A D A D A   NC Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000116334 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Received security instrument is not fully executed.       Reviewer Comment (2026-04-08): Provided. Cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded recorded docs
04/08/2026     No 1 D A D A D A D A D A   TN Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
XXXXX 4000116334 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided           Reviewer Comment (2026-04-08): Provided. Cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded requested recording docs
04/08/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
XXXXX 4000116334 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided           Reviewer Comment (2026-04-08): Provided. Cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded requested recording docs
04/08/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D A D A A A A A   N/A No
XXXXX 4000120535 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Security Agreement (Co-op) not provided   Provide Legible Signed Copy of Note and Security Instrument for subject property. Provided signed copy of Note and security Instrument is not legible.       Reviewer Comment (2026-05-01): Received signed note. Exception cleared.


Seller Comment (2026-05-01): Comment fromXXXX (XXXX): Note


Reviewer Comment (2026-03-26): Received Signed copy of Security Instrument. Please provide signed copy of Note. Exception remains.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): DOT uploaded, are you able to get an imaged copy of the note from your custodian?
05/01/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000120535 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX)       Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000120535 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing in the file.       Reviewer Comment (2026-03-25): Received Fraud report. Exception cleared.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): Fraud Report
03/25/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-03-24): Accepted as is.
    03/24/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file is missing copy of Fraud Report .       Reviewer Comment (2026-05-01): Fraud report received


Seller Comment (2026-05-01): Comment from XXXX (XXXX): fraud report
05/01/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file is missing copy of Fraud Report .       Reviewer Comment (2026-05-01): Fraud report received


Seller Comment (2026-05-01): Comment fromXXXX (XXXX): fraud report
05/01/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Note document signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-05-01): Received signed note. Exception cleared.


Seller Comment (2026-05-01): Comment from XXXX (XXXX): Note
05/01/2026     No 1 D A D A D A D A D A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Final 1003 document signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-03-26): Received signed copy of  Final 1003. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): URLA
03/26/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business Purpose document signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-05-14): Received, Clearing.


Seller Comment (2026-05-14): Comment from XXXX (XXXX): Business Purpose doc
05/14/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy document Signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-03-26): Received signed copy of Occupancy Certificate. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): Occupancy doc
03/26/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   The XXXX Family Rider document Signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-03-26): Received signed copy of 1-4 Family Rider. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): DOT
03/26/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   PUD  Rider document Signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-03-26): Received signed copy of PUD Rider. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): DOT
03/26/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000119363 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument document Signature is not visible. Please provide a clear and visible signed document.       Reviewer Comment (2026-03-26): Received signed copy of Security Instrument. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): DOT
03/26/2026     No 1 D A D A D A D A D A   TN Investment Refinance - Limited Cash-out GSE   D B D A D B A A   N/A No
XXXXX 4000118197 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Loan Origination Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include XXXX, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-04-22): XXXX received PCCD, LOE, proof of mailing & copy of refund check.


Buyer Comment (2026-04-20): Comment from XXXX (XXXX): Please check the tracking again. The refund check has shipped


Reviewer Comment (2026-04-17): XXXX received PCCD, LOE, Refund Check and Proof of Mailing.    XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2026-04-16): Comment from XXXX (XXXX): Please see attached
  XXXXX   No 2 C B C B C B C B C B   SC Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115763 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000115763 XXXXX   XXXXX     Compliance TRID Document Error TRID Closing Disclosure: Dates are not in chronological order. - Issue Date: ___; Received Date: ___; Signed Date: ___         Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000115763 XXXXX   XXXXX     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.         Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000114142 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -         Reviewer Comment (2026-04-16): Received, Clearing.


Seller Comment (2026-04-15): Comment fromXXXX (XXXX): FINAL INSPECTION SHOWING COMPLETE


Reviewer Comment (2026-04-09): The appraisal is subject to. We need the XXXXshowing it was completed.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): appraisal
04/16/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A A A C A   N/A No
XXXXX 4000114142 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ VOE for W2 income for B2 within XXXX days is missing. AUS permits a paystub within XXXX days, or Bank statement reflecting pay within XXXX business days.       Reviewer Comment (2026-04-09): Received paystub dated within 15 days of closing


Seller Comment (2026-04-09): Comment from XXXX (XXXX): PAYSTUBS ATTACHED.
04/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A A A C A   N/A No
XXXXX 4000117886 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   The signature/notary page of the Security Agreement does not have a date.       Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see date on snip
04/08/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000115401 XXXXX   XXXXX     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.         Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   RI Second Home Refinance - Limited Cash-out GSE   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115710 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy Certificate is missing in file.       Reviewer Comment (2026-03-27): Cleared occupancy cert received


Seller Comment (2026-03-27): Comment from XXXX (XXXX): uploaded requested occupancy document
03/27/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     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. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     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. Borrower not provided First Lien Refinance Notice.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115712 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file.       Reviewer Comment (2026-03-25): Accepted as is.
    03/25/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000115664 XXXXX   XXXXX     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.         Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000118322 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118322 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX or XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-03-31): XXXX received COC dated XXXX.


Seller Comment (2026-03-30): Comment from Post Closing (XXXX.): COC for recording charges
03/31/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118322 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXXover legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-04-14): XXXX Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Uploaded: Check, LOX, label, PCCD


Reviewer Comment (2026-04-08): XXXX Received LOE; however, Cure docs pending for $XXXX. Cure Consists of PCCD, LOE, Refund Check and Proof of Mailing.


Seller Comment (2026-04-07): Comment from Post Closing (XXXX.): loe fee


Reviewer Comment (2026-04-02): XXXX received rebuttal comment that fees was mislabeled on LE. If the fee was intended to disclose on LE and CD are for the same service please provide a LOE for the same.


Buyer Comment (2026-03-31): Comment from Post Closing (XXXX): We initial disclosed with Final inspection, LO knew we would need a CDA or AVM but mislabeled- We did disclose the XXXX on CD - My argument would be, we need to refund borrower XXXX verses the XXXX
  XXXXX   No 2 C B C B C B C B C B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118322 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-04-14): XXXX Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.
  XXXXX   No 2 C B C B C B C B C B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117483 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-03-26): Received Mortgage Statement, Tax, Insurance, HOA Verification. Exception cleared.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): REO Docs XXXX
03/26/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117483 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   1008 DTI is XXXX. It appears the AUS did not include the primary housing expense.       Reviewer Comment (2026-04-01): Updated AUS and 1008 received


Seller Comment (2026-04-01): Comment from XXXX (XXXX): updated AUS & 1008 attached
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117483 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   12 months VOM for XXXX account as required per AUS.       Reviewer Comment (2026-04-23): Received, Clearing.


Buyer Comment (2026-04-23): Comment from XXXX (XXXX): Mortgage statements for XXXX were provided  as requested and this property is in spouse's name only.  Why is this still rejected? - Provide details please as to what was wrong with the mtg statements provided


Reviewer Comment (2026-04-21): 12 months VOM for XXXX Mortgage account as required per AUS.  Exception Remains.


Seller Comment (2026-04-21): Comment fromXXXX (XXXX)  bank statements for VOM provided
04/23/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117483 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.         Reviewer Comment (2026-04-01): Updated AUS and 1008 received


Seller Comment (2026-04-01): Comment from XXXX (XXXX): XXXX attached
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117483 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Missing verification of 12 months mortgage payment for New Rez       Reviewer Comment (2026-04-01): Updated AUS and 1008 received


Seller Comment (2026-04-01): Comment from XXXX (XXXX): updated XXXX attached  as Mtg is in Spouses name only
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117483 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX Missing verification of 12 months mortgage payment for New Rez       Reviewer Comment (2026-04-01): Updated AUS and 1008 received
04/01/2026     No 1 B A C A B A C A B A   NC Investment Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117483 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Borrower receipt of initial CD not provided       Reviewer Comment (2026-04-03): XXXX received earliest receipt of CD.


Seller Comment (2026-04-02): Comment fromXXXX (XXXX): CD tracking information provided


Reviewer Comment (2026-04-02): XXXX received XXXX CD without receipt. Please provide documentation of receipt if available. The mailbox rule is applied therefore receipt date is XXXX. Consummation date is XXXX. XXXX is day 1, XXXX is day 2. Please provide documentation if the CD was received XXXX (day 3) or earlier for review.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): attached
04/03/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other No Defined Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118531 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Disaster Inspection Fee.  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Disaster Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX over legal limit. No cure provided.       Reviewer Comment (2026-04-03): XXXX received COC dated XXXX.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): CIC
04/03/2026     No 1 C A C A C A C A C A   PA Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C A B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118531 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ XXXX AVM in file. Appraisal Waiver XXXX)  also in file.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   PA Second Home Refinance - Limited Cash-out GSE   C B A A C A B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114899 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final 1003 does not indicate that the property will be an Investment Property or the Final 1003 Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. Appraisal indicate Property is occupied by Owner.       Reviewer Comment (2026-04-16): Received, Clearing.


Seller Comment (2026-04-15): Comment from XXXX (XXXX): Please see attached


Reviewer Comment (2026-04-07): The appraisal will need to be corrected.


Seller Comment (2026-04-06): Comment from XXXX (XXXX):  The property was staged for XXXX photos and the property is not listed for sale
04/16/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C A A A C A A A   N/A No
XXXXX 4000116704 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-04-01): XXXX received COC and LOE


Seller Comment (2026-03-30): Comment fromXXXX (XXXX): uploaded LOE, LE, and COC documents
04/01/2026     No 1 C A C A C A C A C A   WI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116533 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-02): CDA received and supports value


Seller Comment (2026-04-02): Comment from XXXX (XXXX): XXXX CDA


Reviewer Comment (2026-03-28): UCDP scores are not within range as needed per guidelines. A Secondary valuation is still needed.


Seller Comment (2026-03-27): Comment from XXXX (XXXX): UCDP Reports
04/02/2026     No 1 D A D A D A D A D A   GA Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000117361 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-03-27): Accepted as is.
    03/27/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000115389 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX)       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   TX Investment Purchase   D B D A B B A A   N/A No
XXXXX 4000115389 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Purchase Contract is missing for Subject Property.       Reviewer Comment (2026-04-01): Received, Clearing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): attached sales contract CF01212
04/01/2026     No 1 D A D A D A D A D A   TX Investment Purchase   D B D A B B A A   N/A No
XXXXX 4000120499 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-03-31): Sch E provided. Cleared


Seller Comment (2026-03-31): Comment fromXXXX (XXXX): Signed 2024 tax rtn
03/31/2026     No 1 C A C A C A C A C A   VT Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120499 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - REO Schedule E Method General QM: Unable to verify Real Estate Owned income (Schedule E Method).  File does not contain most recent year Tax Transcripts, signed and dated 1040's or Schedule E.         Reviewer Comment (2026-03-31): Sch E provided. Cleared


Seller Comment (2026-03-31): Comment from XXXX (XXXX): 2024 tax rtns
03/31/2026     No 1 C A C A C A C A C A   VT Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120499 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount ofXXXX exceeds tolerance ofXXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-30): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   VT Second Home Purchase Final CD evidences Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000120499 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Loan is waterfall due to file does not contain most recent year Tax Transcripts, signed and dated Schedule E.XXXX.       Reviewer Comment (2026-03-31): Sch E provided. Cleared


Seller Comment (2026-03-31): Comment from XXXX (XXXX): 2024 tax rtns
03/31/2026     No 1 B A C A B A C A B A   VT Second Home Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117507 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXXbased on deal settings.         Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   MD Investment Refinance - Limited Cash-out GSE   B B A A B B A A N/A N/A No
XXXXX 4000116040 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXXexceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-06): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Uploaded PCCD, LOE, Check, and XXXX
  XXXXX   No 2 C B C B C B C B C B   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118822 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Mortgage Statement for XXXX. If Taxes and insurances are not escrowed further documentation Required to verify these amounts.       Reviewer Comment (2026-04-06): First Payment Letter provided. Cleared.


Buyer Comment (2026-04-06): Comment from XXXX (XXXX): There is no mortgage statement for this property as they have not made a payment yet. Document uploaded is the first payment letter. Page one has the borrowers mailing address but page two shows for what address its for. Please relook at the document.


Reviewer Comment (2026-04-01): Doc provided is not for REO is question. Please provide Mortgage Statement for XXXX. Exception remains.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): First Payment letter
04/06/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000118822 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   WA Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000116801 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   NH Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000116036 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-01): Desk review received and supports primary appraisal


Seller Comment (2026-04-01): Comment from XXXX (XXXX): uploaded requested document
04/01/2026     No 1 D A D A D A D A D A   FL Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment fromXXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at XXXX       Reviewer Comment (2026-04-08): RCE disclosed on the hazard, cleared


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded requested
04/08/2026     No 1 C A C A C A C A C A   PA Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116806 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-04-01): XXXX received LOE and rate lock for change in program.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded loe, icd, coc, and rate lock agreement documents
04/01/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116806 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-04-01): XXXX received LOE and rate lock for change in program.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded loe, icd, coc, and rate lock agreement documents
04/01/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116885 XXXXX   XXXXX     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. Creditor did not provide a Notice of Special Flood Hazard Disclosure for property located in a flood zone.       Reviewer Comment (2026-03-30): Accepted as is per client
    03/30/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000119087 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided           Reviewer Comment (2026-03-31): Received Occupancy Certificate. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded occupancy document
03/31/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119087 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by XXXX Provide updated policy reflecting minimum coverage of XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-21): RCE provided. Cleared.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): uploaded email with HOI company's response and explanation
04/21/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000118587 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement is missing.       Reviewer Comment (2026-04-10): Note, cleared


Seller Comment (2026-04-09): Comment from XXXX (XXXX): Please see attached note for XXXX (XXXX) that confirms new loan P&I. No mortgage statement available since first payment isnt until May. Also revised DU,1008,1003 with correct PI. Also see attached HOA proof with appraisal and HOI and Property info for Tax.
04/10/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000117362 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Legal Description not provided   Exhibit A of Security Instrument not provided.       Reviewer Comment (2026-03-31): Received Legal Description. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded requested recorded DOT
03/31/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000117468 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ VOE no more than XXXX business days prior to the note was not in file.       Reviewer Comment (2026-04-08): VVOE completed post note date, which is acceptable per AUS


Reviewer Comment (2026-04-03): Received VVOE completed after Note date. Provide VVOE no more than 10 business days prior to the note. Exception remains.


Seller Comment (2026-04-03): Comment from XXXX (XXXX) Please see attached VVOE.
04/08/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000117793 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117793 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-30): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117793 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-30): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117845 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification, Tax Verification is missing.       Reviewer Comment (2026-04-11): Received, Clearing.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Please see attached
04/11/2026     No 1 C A C A C A C A C A   WA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000115282 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX -XXXX       Reviewer Comment (2026-05-08): Received, Clearing.


Reviewer Comment (2026-05-08): Valuation Received - XXXX
05/08/2026     No 1   A   A   A   A   A   HI Investment Refinance - Cash-out - Other   A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115282 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Flood FEMA Disaster Issue: The most recent valuation inspection is dated prior to a FEMA disaster.           Reviewer Comment (2026-05-08): Received, Clearing.
05/08/2026     No 1   A   A   A   A   A   HI Investment Refinance - Cash-out - Other   A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117118 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Combined High loan to value discrepancy.   LTV exceeds guidelines due to value discrepancy. XXXX, while final CD and AUS reflect XXXX
Calculated high loan to value percentage of XXXX exceeds AUS high loan to value percentage of XXXX
      Reviewer Comment (2026-04-06): Udated AUS provided. Cleared.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): New DU with correct numbers and percentage
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000117118 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Combined loan to value discrepancy.   LTV exceeds guidelines due to value discrepancy. XXXX/CDA shows XXXX, while final CD and AUS reflect XXXX.
Calculated high loan to value percentage of XXXX% exceeds AUS high loan to value percentage of XXXX.
      Reviewer Comment (2026-04-06): Updated AUS provided. Cleared.
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000117118 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS Findings: Loan to value discrepancy.   LTV exceeds guidelines due to value discrepancy. XXXX/CDA shows XXXX, while final CD and AUS reflect XXXX
Calculated high loan to value percentage of XXXX exceeds AUS high loan to value percentage of XXXX.
      Reviewer Comment (2026-04-06): Updated AUS provided. Cleared.
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118000 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX.       Reviewer Comment (2026-04-02): Third party confirmation provided. Cleared.
04/02/2026     No 1 B A C A B A C A B A   TN Second Home Purchase Lender to provide updated ATR/QM status D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118000 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Employment - C-Corp 1120 General QM: Unable to verify current C-Corp status using reasonably reliable third-party records. General QM: Unable to verify current C-Corp status using reasonably reliable third-party records. (XXXX       Reviewer Comment (2026-04-02): Third party confirmation provided. Cleared.
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - C-Corp 1120 General QM: Unable to verify C-Corp income using reasonably reliable third-party records. General QM: Unable to verify C-Corp income using reasonably reliable third-party records. (XXXX       Reviewer Comment (2026-04-02): Third party confirmation provided. Cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Third party validation of business
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-04-02): Initial CD provided. Cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): CD attached
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase No Defined Cure D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing in the file.       Reviewer Comment (2026-04-02): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Fraud report attached
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Master Insurance Policy is missing for Subject Property.       Reviewer Comment (2026-04-24): Master Insurance Policy, cleared


Seller Comment (2026-04-24): Comment from XXXX (XXXX): master insurance policy
04/24/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-02): Received UCDP Submission Summary report with CU score less than 2.5. Hence, Secondary Valuation is not required. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): UCDP attached
04/02/2026     No 1 D A D A D A D A D A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Third Party Verification of business "XXXX" was not proivded       Reviewer Comment (2026-04-02): Received Business Entity Listing. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Third party validation on MPE
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.       Reviewer Comment (2026-04-02): Third party confirmation provided. Cleared.
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118000 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Mortgage Statement for this REO       Reviewer Comment (2026-04-02): Associated Credit Report. Exception cleared.


Buyer Comment (2026-04-02): Comment from XXXX (XXXX): Mortgage is reporting on credit report with GreatlakesCU
04/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   D A C A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118366 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-13): Received CDA. Exception cleared.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): see attached CDA
04/13/2026     No 1 D A D A D A D A D A   AZ Second Home Purchase   D B A A B B D A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000118366 XXXXX   XXXXX     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. The date the valuation was provided to the borrower is prior to the date the aprpaisal was performed.       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   D B A A B B D A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000118366 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA - Community Enhancement.  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Community Enhancement fee added to section C of the CD after the initial LE.       Reviewer Comment (2026-04-14): XXXX received corrected PCCD and LOE moving the fee from section C to H.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): see attached
04/14/2026     No 1   A   A   A   A   A   AZ Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B A A B B D A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000118648 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B A A A A   N/A No
XXXXX 4000115949 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX)       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000115949 XXXXX   XXXXX     Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Provide Copy of Permanent Resident Alien Card for borrower "XXXX".       Reviewer Comment (2026-04-01): Permanent Resident Card provided. Cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Permanent Resident ID 2nd upload


Reviewer Comment (2026-04-01): Document provided is illegible.  Please resend.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): PERMANENT RESIDENT ID
04/01/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000113836 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood Certificate is Missing       Reviewer Comment (2026-04-01): Received, cleared


Seller Comment (2026-04-01): Comment from XXXX (XXXX): flood cert
04/01/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000120277 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of Insurance Verification.       Reviewer Comment (2026-04-02): Vacant Land. LOX provided. Cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): LOX
04/02/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120277 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120277 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX       Reviewer Comment (2026-04-10): Received PDI


Reviewer Comment (2026-04-06): A PDI is required per buyer and has been ordered


Buyer Comment (2026-04-06): Comment from XXXX (XXXX): This is not a requirement for a disaster that happened over a year ago per our UW. Please advise.
04/10/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120277 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120277 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-31): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000120277 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / XXXX - XXXX       Reviewer Comment (2026-04-10): Received PDI


Reviewer Comment (2026-04-09): Valuation Received -XXXX
04/10/2026     No 1   A   A   A   A   A   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115498 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:PrimaryXXXX)       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000117083 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy Certificate is missing.       Reviewer Comment (2026-04-01): Received Occupancy Certificate. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): uploaded requested occupancy document
04/01/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Not Tested As Primary The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment).  Determination has not been made as to whether the loan would be High Cost and/or HPML if ran as a Primary Residence.         Reviewer Comment (2026-04-03): Subject tested as primary and not  high cost or HPML


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded requested doc
04/03/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance State Compliance Misc. State Level Minnesota Residential Mortgage Originator and Servicer Licensing Act (Counseling Requirement) XXXX Originator and Servicer Licensing Act: Refinance of a "special mortgage" without evidence that borrower received counseling on advisability of transaction by an authorized independent loan counselor.         Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance State Compliance Misc. State Level Minnesota Tangible Net Benefit Disclosure XXXX Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower.         Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (XXXX) business days of application.         Reviewer Comment (2026-04-09): XXXX Received Initial LE dated XXXX.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): Application date was XXXX but LE attached was sent XXXX
04/09/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within XXXX days of the loan application date. LE was not provided to the borrower within 3 days of application date       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117083 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity in Occupancy - Not High Cost and Not Higher Priced The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). Subject tested as primary and not  high cost or HPML       Reviewer Comment (2026-04-03): Client elects to waive
    04/03/2026 No 2   B   B   B   B   B   MN Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118808 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   AZ Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118808 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at XXXX.       Reviewer Comment (2026-04-02): Received RCE. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX)): Here you go, RCE


Reviewer Comment (2026-04-01): Required Replacement Cost Estimator. Exception remains.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Here is the HOI
04/02/2026     No 1 C A C A C A C A C A   AZ Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118808 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (XXXX) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.         Reviewer Comment (2026-04-06): XXXX received disclosures summary shows the LE sent via other methods.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): LE acknowledgement bottom right hand corner dated XXXX.  disc tracking for file


Reviewer Comment (2026-04-02): XXXX received XXXX disclosures summary but from the disclosures summary alone we are unable to identify if the package sent was for initial LE as on the disclosures summary no fulfilment details are listed. Please provide more information to validate the LE was sent via XXXX.


Seller Comment (2026-04-01): Comment fromXXXX (XXXX): The initial consent was sent XXXX to the borrower please see the attached proof
04/06/2026     No 1 C A C A C A C A C A   AZ Second Home Refinance - Limited Cash-out GSE   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119055 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B A A A A   N/A No
XXXXX 4000118029 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-02): Received CDA. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): CDA attached
04/02/2026     No 1 D A D A D A D A D A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Lease Agreement Is missing.       Reviewer Comment (2026-04-02): Received Lease Agreement for the property XXXX (XXXX). Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): XXXX lease attached
04/02/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-04-02): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): attached
04/02/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - REO 25% Method General QM: Unable to verify Real Estate Owned income (XXXX Method) using reasonably reliable third-party records.         Reviewer Comment (2026-04-02): Received, Clearing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): attached
04/02/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount ofXXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-31): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   TN Investment Refinance - Cash-out - Other Final CD evidences Cure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Property Inspection Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-31): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   TN Investment Refinance - Cash-out - Other Final CD evidences Cure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (XXXX): Unable to verify Real Estate Owned income (XXXX Method) using reasonably reliable third-party records. Please provide Lease Agreement       Reviewer Comment (2026-04-02): Received, Clearing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): lease attached
04/02/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Please provide Lease Agreement       Reviewer Comment (2026-04-02): Received, Clearing.
04/02/2026     No 1 A A A A A A A A A A   TN Investment Refinance - Cash-out - Other   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Please provide Lease Agreement       Reviewer Comment (2026-04-02): Received, Clearing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): subject lease attached
04/02/2026     No 1 B A C A B A C A B A   TN Investment Refinance - Cash-out - Other Lender to provide updated ATR/QM status D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118029 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Missing Initial CD       Reviewer Comment (2026-04-02): XXXX received XXXX CD received 3 business days prior to consummation.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): CD dated 0311 attached
04/02/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other No Defined Cure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117299 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy Certificate is missing in the file.       Reviewer Comment (2026-04-03): NOO Cert provided. Cleared.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded requested occupancy document
04/03/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000117299 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Certificate and Hazard Insurance are missing for REO Property XXXX.       Reviewer Comment (2026-04-07): Received Form XXXX confirming Insurance Verification & Tax Verification. Exception cleared.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): uploaded requested document. These properties are owned by their S Corp
04/07/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000117299 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Certificate and Hazard Insurance are missing for REO Property "XXXX".       Reviewer Comment (2026-04-07): Received Form XXXX confirming Insurance Verification & Tax Verification. Exception cleared.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): uploaded requested document. These properties are owned by their S Corp
04/07/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000117299 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-07): Clearing based on review coming back within tolerances.
04/07/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000120845 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120845 XXXXX   XXXXX     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. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000119516 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of Mortgage Statement.       Reviewer Comment (2026-04-02): Received Closing Disclosure confirming PITIA. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX) Please see attached CD. This property address was a purchase of an investment property and was simultaneous closing with the subject property on XXXX.
04/02/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119516 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - VA Verification of Benefits missing in the file.       Reviewer Comment (2026-04-02): Received VA Verification of Benefits. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Please see attached VA letter.
04/02/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000122107 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.
Appraisal is dated XXXX days prior to closing.
      Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   ID Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
XXXXX 4000120390 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:PrimaryXXXX)       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000120390 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Secondary/XXXX)       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000120390 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement is missing for REO Property XXXX.       Reviewer Comment (2026-04-02): Received Note. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): attached copy of Note. Both properties closed with us on same day and both properties submitted to XXXX.
04/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000122569 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000122569 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial escrow account statement was not provided to the borrower.       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000122569 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset AUS Findings: Available for Reserves discrepancy.   Due to Open XXXX-Day Account excluded from Assets.       Reviewer Comment (2026-04-08): XXXX Statement with payment provided. Cleared.
04/08/2026     No 1 C A C A C A C A C A   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000122569 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   Due to Open XXXX-Day Account excluded from Assets.       Reviewer Comment (2026-04-08): XXXX Statement with payment provided. Cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX)): XXXX


Reviewer Comment (2026-04-06): Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves requirement of $XXXX. Exception remains.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): I am showing DU finding showing $XXXX in reserves
04/08/2026     No 1 C A C A C A C A C A   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000122569 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.         Reviewer Comment (2026-04-08): XXXX Statement with payment provided. Cleared.
04/08/2026     No 1 C A C A C A C A C A   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000122569 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of XXXX. Short funds to close       Reviewer Comment (2026-04-08): XXXX Statement with payment provided. Cleared.
04/08/2026     No 1 B A C A B A C A B A   TX Second Home Purchase Lender to provide updated ATR/QM status C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000122569 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines, Agency Conforming and Agency High-Balance loans are subject to the "Agency Eligible Investor & Agency Eligible 2nd Home Product Matrices" and will be required to obtain mortgage insurance for loans in excess of XXXX CLTV. The loan was approved at XXXX CLTV. 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.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The qualifying DTI on the loan is less than or equal to 35%.

The representative FICO score exceeds the guideline minimum by at least 40 points.

The representative FICO score is above 680.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-29): The client elects to waive with compensating factors


Reviewer Comment (2026-04-24): We need the approved exception if obtained from the buyer of the loan.


Buyer Comment (2026-04-24): Comment from XXXX (XXXX): Submitted online formal exception


Reviewer Comment (2026-04-21): Please submit online via XXXX online seller portal for a formal review. Exception remains. (XXXX)


Seller Comment (2026-04-21): Comment from XXXX (XXXX): exception


Reviewer Comment (2026-04-15): Please submit online via XXXX  online seller portal for a formal review. Exception remains. (XXXX)


Buyer Comment (2026-04-15): Comment from XXXX (XXXX): This applies to primary residents only
    04/29/2026 Yes 2   B   B   B   B   B   TX Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000119321 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000119321 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (XXXX): Borrower provided appraisal waiver less than three (XXXX) business days prior to consummation. Borrower provided appraisal waiver less than three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000119321 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B B B B B A A   N/A No
XXXXX 4000119521 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-04-03): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Fraud report attached
04/03/2026     No 1 C A C A C A C A C A   MT Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000119521 XXXXX   XXXXX     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   MT Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000119509 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   TN Second Home Purchase   C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000119509 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page XXXX that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds theXXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). Provide evidence MI cut off is not life of loan       Reviewer Comment (2026-04-10): XXXX received amortization schedule confirming MI cutoff at XXXX%


Seller Comment (2026-04-09): Comment from XXXX (XXXX): Amortization Schedule - MI cuts off at XXXX ltv
04/10/2026     No 1 C A C A C A C A C A   TN Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000119509 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Fixed Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. Provide evidence MI cut off is not life of loan       Reviewer Comment (2026-04-10): XXXX received amortization schedule confirming MI cutoff at XXXX%


Seller Comment (2026-04-09): Comment from XXXX (XXXX): Amortization Schedule - MI cuts off at XXXX ltv
04/10/2026     No 1 C A C A C A C A C A   TN Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000119509 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page XXXX that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX).  The disclosed Total of Payments in the amount of XXXX is under disclosed by XXXX compared to the calculated total of payments of XXXX which exceeds the XXXX threshold. Provide evidence MI cut off is not life of loan       Reviewer Comment (2026-04-10): XXXX received amortization schedule confirming MI cutoff at XXXX%


Seller Comment (2026-04-09): Comment from XXXX (XXXX): Amortization Schedule - MI cuts off at XXXX ltv
04/10/2026     No 1 C A C A C A C A C A   TN Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000118775 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   AZ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000116065 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification is missing.       Reviewer Comment (2026-04-01): After further review, property is Land Only. Cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): uploaded tax bill for property which is LAND only
04/01/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116065 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided           Reviewer Comment (2026-03-19): Received, cleared


Seller Comment (2026-03-19): Comment from XXXX (XXXX): uploaded requested occupancy documents
03/19/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116065 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___         Reviewer Comment (2026-04-01): Accepted as is per client.
    04/01/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Cash-out - Other   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116065 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. ** NEW EXCEPTION ** Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received valid COC document


Seller Comment (2026-04-06): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock documents
04/07/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116065 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Mortgage Statement.       Reviewer Comment (2026-04-16): Property is vacant land Insurance verification is not required. Exception cleared.


Seller Comment (2026-04-16): Comment from XXXX (XXXX): HOI is not required; this is vacant land


Reviewer Comment (2026-04-14): As per Mortgage Statement Tax and Insurance not escrowed. Provide Insurance Verification. Exception remains.


Seller Comment (2026-04-14): Comment from XXXX (XXXX)): uploaded request statement


Reviewer Comment (2026-04-11): We need a copy of the mortgage statement for the loan on the land.


Buyer Comment (2026-04-10): Comment from XXXX (XXXX)): this is a land loan, the taxes are not escrowed and insurance is not required; full PIT included in dti


Reviewer Comment (2026-04-09): Mortgage Statement is required to confirm Taxes and Insurance are escrowed.  Exception remains.


Buyer Comment (2026-04-09): Comment from XXXX (XXXX): The mortgage is reporting on credit; please advise why a mortgage statement is being conditioned for


Reviewer Comment (2026-04-08): The final 1003 list a mortgage on this property with XXXX.  Please provide the mortgage statement or evidence this loan is paid in full and updated 1003


Buyer Comment (2026-04-08): Comment from XXXX (XXXX): Mortgage statement not required; land loan, provided property tax and HOA verification


Reviewer Comment (2026-04-07): As per final 1003 Mortgage payment is reflecting. Hence provide updated 1003. Exception remains.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Mortgage statement not req, property is land only, property taxes and HOA dues attached
04/16/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000115480 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000116666 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   RI Investment Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121989 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ Wet state. 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.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

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.

The representative FICO score is above 680.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-05-07): Received email from insurance agent indicating no claims on the property


Seller Comment (2026-05-07): Comment from XXXX (XXXX): email from insurance agent
    05/07/2026 Yes 2 C B C B C B C B C B   NC Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000121989 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003           Reviewer Comment (2026-04-13): Received Final 1003 Application. Exception cleared.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Final 1003 attached
04/13/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000121989 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000121989 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial escrow account statement was not provided to the borrower.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000121989 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Initial Closing Disclosure is missing.       Reviewer Comment (2026-04-14): XXXX received CD dated XXXX


Seller Comment (2026-04-13): Comment from XXXX (XXXX): CD with proof of delivery attached
04/14/2026     No 1 C A C A C A C A C A   NC Second Home Purchase No Defined Cure C B C B C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000120750 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   GA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120750 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX)       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   GA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120312 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   The file was missing a copy of 1007 Rent Comparison Schedule.       Reviewer Comment (2026-04-13): Appraisal received containing 1007, cleared


Seller Comment (2026-04-13): Comment from XXXX (XXXX): attached
04/13/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
XXXXX 4000120312 XXXXX   XXXXX     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.         Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   C B C B A A A A   N/A No
XXXXX 4000119571 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-08): Received CDA. Exception cleared.


Seller Comment (2026-04-08): Comment fromXXXX (XXXX): attached.
04/08/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Home Improvement   D A A A A A D A   N/A No
XXXXX 4000116732 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   NC Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000116732 XXXXX   XXXXX     Credit System General System Flood Certificate Subject Address does not match Note address.   Street address reads XXXX Vs Note address of XXXX.       Reviewer Comment (2026-04-07): Received, Clearing.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): attached update
04/07/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000119530 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -         Reviewer Comment (2026-04-10): VA income, cleared


Seller Comment (2026-04-10): Comment fromXXXX (XXXX): VA Income
04/10/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000119530 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-04-20): First payment letter received


Reviewer Comment (2026-04-10): Need mortgage statement for this property


Seller Comment (2026-04-10): Comment from XXXX (XXXX): second page verifies address
04/20/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000119530 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   FL Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000121482 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other   B B A A B B A A   N/A No
XXXXX 4000119411 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   AL Second Home Purchase   C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000119411 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX: Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX Verification of S Corp business within XXXX days of closing is not in file.       Reviewer Comment (2026-04-17): Received articles of organization dated XXXX


Reviewer Comment (2026-04-09): Please provide a business entity listing or CPA letter dated within 120 days of the note in order to clear.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): We have a letter from the CPA for the final, it may need the date added and if so just let me know and I will reach out to the LO, they coordinate everything with the client. We also have the articles of incorporation from where they established their license in OH, they moved it from Florida.
04/17/2026     No 1 B A C A B A C A B A   AL Second Home Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000119411 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - S-Corp General QM: Unable to verify S-Corp income using reasonably reliable third-party records.         Reviewer Comment (2026-04-17): Received articles of organization dated XXXX
04/17/2026     No 1 C A C A C A C A C A   AL Second Home Purchase   C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-06): Received, Clearing.
04/06/2026     No 1 C A C A C A C A C A   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   Secondary valuation is not required.       Reviewer Comment (2026-04-18): Received, Clearing.


Seller Comment (2026-04-17): Comment from XXXX (XXXX): AVM uploaded FSD XXXX and value within XXXX%
04/18/2026     No 1 D A B A D A C A D A   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-06): Received, Clearing.


Reviewer Comment (2026-04-04): Valuation Received - XXXX
04/06/2026     No 1   A   A   A   A   A   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-18): Accepted as is.
    04/18/2026 No 2   B   B   B   B   B   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation Unable to determine if the borrower signed a valuation receipt acknowledgment due to missing information.         Reviewer Comment (2026-04-18): Accepted as is.
    04/18/2026 No 2   B   B   B   B   B   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119510 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX: Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-18): Accepted as is.
    04/18/2026 No 2   B   B   B   B   B   MI Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119622 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy Certificate is missing in the file.       Reviewer Comment (2026-04-03): Received, Clearing.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): Attached
04/03/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C A C A A A C A   N/A No
XXXXX 4000119622 XXXXX   XXXXX     Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   The Desk Review or Field Review effective date does not match the Appraisals effective date.
Effective date is XXXX, and report date is XXXX.
      Reviewer Comment (2026-04-08): Updated CDA, cleared


Seller Comment (2026-04-08): Comment from XXXX (XXXX): PLEASE SEE ATTACHED.


Reviewer Comment (2026-04-03): The appraisal is dated XXXX so the XXXX CDA was earlier than the appraisal.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): middle of report says CD EFFECTIVE DATE XXXX  PERFORMED BY XXXX XXXX
04/08/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C A C A A A C A   N/A No
XXXXX 4000121283 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ Secondary valuation is not required.       Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121283 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121283 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___         Reviewer Comment (2026-04-11): Received, Clearing.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Attached
04/11/2026     No 1 C A C A C A C A C A   AZ Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120308 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   TX Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000119303 XXXXX   XXXXX     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.         Reviewer Comment (2026-04-06): Accepted as is.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): PLEASE REVIEW REVISED TITLE COMMITMENT
    04/06/2026 No 2 B B B B B B B B B B   TX Second Home Refinance - Limited Cash-out GSE   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123564 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Insurance Coverage Amount is insufficient. Coverage is short XXXX       Reviewer Comment (2026-04-10): Received Hazard insurance policy. Exception cleared.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): EOI


Reviewer Comment (2026-04-08): HOI Policy provided is not for subject property. Exception remains.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): EOI with additional coverage


Reviewer Comment (2026-04-06): File did not contain an estimated cost to replace from insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. Exception remains.


Seller Comment (2026-04-06): Comment fromXXXX (XXXX)): Attached copy of EOI and LOX
04/10/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000123564 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide each valuation to the applicant within XXXX business days of closing.       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   OK Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000120987 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Verification(s) of employment is not within XXXX business days of the Note.       Reviewer Comment (2026-04-06): Received VVOE. Exception cleared.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached
04/06/2026     No 1 C A C A C A C A C A   TX Second Home Refinance - Limited Cash-out GSE   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121537 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ The Hazard Insurance Policy Effective Date of XXXX is after the note date of XXXX       Reviewer Comment (2026-04-07): Documentation confirming no claims or damage. provided. Cleared.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): no ins claims


Reviewer Comment (2026-04-03): Wet closing state. The loan needed insurance from the note signing. Insurance needs updated or an LOE of no claims or damage between times is needed from the insurer.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): see attached
04/07/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119422 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX exceeds AUS total debt ratio of XXXX There is a new tradeline with XXXX not included towards liabilities at origination.       Reviewer Comment (2026-04-07): After further review, exception has been cleared.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please refer the to the final 1003 in the file,  section 2c that account was added into the liabilities and the LP  AUS includes that debt.  (see last debt listed)
04/07/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000117835 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-08): Received CDA. Exception cleared.


Seller Comment (2026-04-08): Comment fromXXXX (XXXX): uploaded CDA document
04/08/2026     No 1 D A D A D A D A D A   MO Second Home Purchase   D A A A A A D A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000117835 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-08): Received CDA. Exception cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded CDA document
04/08/2026     No 1 D A D A D A D A D A   MO Second Home Purchase   D A A A A A D A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000120865 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000120865 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000117533 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property is located in a FEMA Disaster area and has not been inspected.       Reviewer Comment (2026-04-07): Received, Clearing.
04/07/2026     No 1 C A C A C A C A C A   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000117533 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Loan is to be securitized. CDA provided. The supporting primary valuation is missing.       Reviewer Comment (2026-04-07): Received, Clearing.


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): uploaded requested appraisal document


Reviewer Comment (2026-04-07): The CDA was provided in the original credit package. The loan is missing the 1004 appraisal


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): uploaded CDA documen
04/07/2026     No 1 D A D A D A D A D A   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000117533 XXXXX   XXXXX     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided           Reviewer Comment (2026-04-07): Received, Clearing.


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): uploaded requested appraisal document
04/07/2026     No 1 D A D A D A D A D A   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000117533 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Need Renewed Hazard Insurance as existing one is having expiry of less than 90 days from Note       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000117533 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000117533 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2   B   B   B   B   B   WA Second Home Refinance - Limited Cash-out GSE   D B D B B B D A Non QM Non QM No
XXXXX 4000116934 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal was made subject to and XXXX is not in images.       Reviewer Comment (2026-04-08): Received Property Inspection Report. Exception cleared.


Seller Comment (2026-04-08): Comment from  XXXX ( XXXX): This file is subject to box 4 which does not require appraisal final
04/08/2026     No 1 C A C A C A C A C A   AL Second Home Purchase   C A A A A A C A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114473 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-06): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   SC Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000121572 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement not provided       Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): VOM attached with insurance and taxes
04/08/2026     No 1 C A C A C A C A C A   MN Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000121572 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - Provide WVOE (1005) or W-2 from prior year as required per AUS       Reviewer Comment (2026-04-14): Received, Clearing.


Seller Comment (2026-04-14): Comment from  XXXX ( XXXX): VOE attached
04/14/2026     No 1 C A C A C A C A C A   MN Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000117960 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   MD Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117960 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy certificate       Reviewer Comment (2026-04-08): Received Occupancy Certificate. Exception cleared.


Seller Comment (2026-04-08): Comment from  XXXX ( XXXX): uploaded occupancy doc
04/08/2026     No 1 C A C A C A C A C A   MD Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000121504 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing in file       Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): Fraud report attached
04/08/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000121504 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy is missing in file       Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-07): Comment from  XXXX ( XXXX): Insurance Policy provided
04/08/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119414 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   GA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120169 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at XXXX       Reviewer Comment (2026-04-08): Received, Clearing.


Seller Comment (2026-04-08): Comment from  XXXX ( XXXX): PLEASE REVIEW THE RCE
04/08/2026     No 1 C A C A C A C A C A   DC Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000122530 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   FL Second Home Refinance - Limited Cash-out GSE   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119714 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the tax verification for REO,XXXX.       Reviewer Comment (2026-04-14): Received Tax Verification for the property  XXXX. Exception cleared.


Seller Comment (2026-04-14): Comment from  XXXX ( XXXX): Please see attached
04/14/2026     No 1 C A C A C A C A C A   NJ Second Home Refinance - Limited Cash-out GSE   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119714 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   NJ Second Home Refinance - Limited Cash-out GSE   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000120021 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-20): CDA, cleared


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): Please see attached
04/20/2026     No 1 D A D A D A D A D A   AR Investment Refinance - Limited Cash-out GSE   D A A A A A D A   N/A No
XXXXX 4000111343 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance and Tax Verification was not provided for REO Property.       Reviewer Comment (2026-04-16): Received Insurance and Tax Verification. Exception cleared.


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX): Please see attached
04/16/2026     No 1 C A C A C A C A C A   KS Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119584 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX       Reviewer Comment (2026-04-13): Received, Clearing.
04/13/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119584 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided   Flood Insurance is missing.       Reviewer Comment (2026-04-09): Flood insurance received


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX: The subject is a Condo and flood insurance is covered and provided  by HOA. The flood insurance is located in Condo master policy
04/09/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119584 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119584 XXXXX   XXXXX     Compliance Compliance Federal Compliance Flood Flood Insurance Policy Missing The subject property is in a flood zone, evidence of flood insurance was not provided/obtained. Failure to obtain and disclose required insurance may result in additional federal and/or state compliance violations. Flood Insurance is Missing       Reviewer Comment (2026-04-09): Flood insurance policy provided


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): The subject is a Condo and flood insurance is covered and provided  by HOA. The flood insurance is located in Condo master policy
04/09/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119584 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119584 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-13): Received, Clearing.


Reviewer Comment (2026-04-12): Valuation Received -  XXXX
04/13/2026     No 1   A   A   A   A   A   FL Second Home Purchase   C B C A C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117227 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117227 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119415 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   GA Second Home Refinance - Limited Cash-out GSE If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119415 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX incorrectly disclosed whether Homeowners Insurance is included in escrow.         Reviewer Comment (2026-04-14): XXXX received correct IEAD.


Seller Comment (2026-04-13): Comment from  XXXX ( XXXX): PLEASE REVIEW REVISION TO THE  ESCROW STATMENT THAT SIGNED BY THE BORROWER.
04/14/2026     No 1 C A C A C A C A C A   GA Second Home Refinance - Limited Cash-out GSE TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000118475 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-20): Received CDA. Exception cleared.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): CDA
04/20/2026     No 1 D A D A D A D A D A   IN Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000121514 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. 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 (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000121514 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000119056 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   NH Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119056 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount ofXXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee increased from XXXXan increase of XXXX. A cure of XXXX was provided.       Reviewer Comment (2026-04-08): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NH Second Home Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000120559 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings. Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings.       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000117574 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided to the borrower .       Reviewer Comment (2026-04-27): XXXX Exception manually cleared. On CD dated  XXXX, discount points fee $ XXXX was seller paid and later on CD dated  XXXX it was split into borrower paid $ XXXX and Seller paid $ XXXX. Received Valid COC showing lock extended and overall, there was no change in fee amount.


Seller Comment (2026-04-24): Comment from  XXXX ( XXXX):  XXXX COC
04/27/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000120933 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   IL Second Home Purchase   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123020 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123020 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123020 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   Permanent Resident Alien is missing for borrower XXXX.       Reviewer Comment (2026-04-10): Received Permanent Resident Card. Exception cleared.


Seller Comment (2026-04-10): Comment from  XXXX ( XXXX): See attached permanent resident to clear condition
04/10/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123020 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123020 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure provided.       Reviewer Comment (2026-04-28): XXXX received valid rebuttal comment and supporting changed circumstance dated  XXXX.


Seller Comment (2026-04-27): Comment from  XXXX ( XXXX): Please see attached COC to clear condition


Reviewer Comment (2026-04-23): XXXX received rebuttal comment however, the COC does not have reason for adding the fee. The explanation provided in rebuttal comment can be accepted in the documented form. Please provide LOX for the same to re-baseline the fee.


Buyer Comment (2026-04-22): Comment from  XXXX ( XXXX): Per our compliance manager please see response to help clear condition please.:
 XXXX, what happened here was as follows:

 

The file was originally disclosed with the amount needed for a full appraisal report.
The loan was eligible for an AUS Appraisal Waiver.
With an AUS Appraisal Waiver, the valuation requirement switches from a full report to an AVM.
When the AVM was added, it was added as a second valuation in error and labelled "Additional Appraisal Fee".  The AVM is serving as the primary valuation for this loan, therefore we should have reduced the original Appraisal Fee from $ XXXX and used the baseline from that amount.
 

With this explanation, please clear condition seeing that the intent was not for a Second or Additional Valuation, rather it was still connected to the original $ XXXX disclosure we made for a Primary valuation.


Reviewer Comment (2026-04-13): XXXX received COC dated  XXXX which was already in file but the reason for adding second appraisal fee was not provided on it. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required.
Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): Please see COC and fee addendum to show that the additional appraisal fee of $ XXXX  was acknowledged this should be re-reviewed and cleared.
04/28/2026     No 1 C A C A C A C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000121145 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-04-09): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): Fraud Rpt attached
04/09/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000121145 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   AL Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000121145 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing HOA verification, insurance verification, and tax verification.       Reviewer Comment (2026-04-09): Received Property History Report & Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): Tax & Ins on  XXXX
04/09/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000121145 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing HOA verification, insurance verification, and tax verification.       Reviewer Comment (2026-04-09): Received HOA Verification, Insurance Verification, Tax Verification. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): Docs for  XXXX attached
04/09/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000122956 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal report dated XXXX is missing evidence of borrower receipt.       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122956 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122956 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Title Commitment or Preliminary title policy amount is blank.       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119154 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Refinance - Limited Cash-out GSE   B B B B B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119154 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Refinance - Limited Cash-out GSE   B B B B B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119154 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Second Home Refinance - Limited Cash-out GSE   B B B B B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121040 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
XXXXX 4000121040 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   The rider on file is not executed       Reviewer Comment (2026-04-09): Received signed Rider - PUD. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): a
04/09/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
XXXXX 4000121040 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The SI on file is not executed or notarized       Reviewer Comment (2026-04-09): Received signed and notarized Security Instrument. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): a
04/09/2026     No 1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
XXXXX 4000121040 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   The rider on file is not executed       Reviewer Comment (2026-04-09): Received signed Rider - 1-4 Family. Exception cleared.


Seller Comment (2026-04-09): Comment from  XXXX ( XXXX): a
04/09/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D B D A B B A A N/A N/A No
XXXXX 4000121609 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   VA Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121609 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount ofXXXXexceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-09): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   VA Second Home Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000121035 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2026-04-10): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure A A A A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000120429 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification was not found in file for REO XXXX .       Reviewer Comment (2026-04-13): Property is vacant land, received letter of explanation. Exception cleared.


Seller Comment (2026-04-13): Comment from  XXXX ( XXXX): uploaded LOE. REO property in question is Land
04/13/2026     No 1 C A C A C A C A C A   GA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000118944 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   PA Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118071 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. XXXX Certified Secure delivery report reflects Appraisal XXXX .       Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000120195 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   CA Second Home Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000113993 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   NJ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000119624 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   1008 reflects the loan was qualified using DU however only AUS in file is LP       Reviewer Comment (2026-04-20): Updated 1008 received


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): uploaded corrected 1008
04/20/2026     No 1 C A C A C A C A C A   GA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000113997 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing a copy of the mortgage statement and tax verification for REO, XXXX.       Reviewer Comment (2026-04-13): Received Note and Tax verification. Exception cleared


Seller Comment (2026-04-13): Comment from  XXXX ( XXXX): Please see attached. This was a simultaneous closing. First payment due date is  XXXX.
04/13/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119347 XXXXX   XXXXX     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.         Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000116749 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000114644 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   ME Second Home Refinance - Limited Cash-out GSE   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114644 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   ME Second Home Refinance - Limited Cash-out GSE   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114644 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   ME Second Home Refinance - Limited Cash-out GSE   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114644 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure provided.       Reviewer Comment (2026-04-15): XXXX: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) appraisal fee increased resulting in a cleared exception.


Seller Comment (2026-04-14): Comment from  XXXX ( XXXX): Please see final CD. The $ XXXX cure was already provided.
04/15/2026     No 1 C A C A C A C A C A   ME Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000114644 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure provided.       Reviewer Comment (2026-04-22): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX.): Please see attached


Reviewer Comment (2026-04-15): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the appraisal review fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Seller Comment (2026-04-14): Comment from  XXXX ( XXXX): Please see attached.
  XXXXX   No 2 C B C B C B C B C B   ME Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000122424 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline Borrower has been on current job less than 2 years, and prior employment history was not documented as required. - Borrower is 19 years old and has started working recently as part-time. We require previous history of education or work, if any.       Reviewer Comment (2026-04-21): Received diploma


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): LOX & Diploma
04/21/2026     No 1 C A C A C A C A C A   NY Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122424 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   NY Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122424 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX.       Reviewer Comment (2026-04-21): Diploma received


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX: LOX
04/21/2026     No 1 B A C A B A C A B A   NY Second Home Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000122424 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. Based on the loan failing one or more guideline components, the loan is at QM risk.       Reviewer Comment (2026-04-21): Diploma received
04/21/2026     No 1 C A C A C A C A C A   NY Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122424 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Missing Document: Mortgage Insurance Certificate (MIC) not provided   Agency Conforming and Agency High-Balance loans are subject to the "Agency Eligible Investor & Agency Eligible 2nd Home Product Matrices" and will be required to obtain mortgage insurance for loans in excess of XXXX % CLTV       Reviewer Comment (2026-05-06): Based on the LTV Ratio Determination in New York State, MI is not required.


Reviewer Comment (2026-05-01): Per XXXX - Agency guidelines: Agency Conforming and Agency High-Balance loans are subject to the "Agency Eligible Investor & Agency Eligible 2nd Home Product Matrices" and will be required to obtain mortgage insurance for loans in excess of 80% CLTV


Seller Comment (2026-05-01): Comment from  XXXX ( XXXX): Please see attached guideline


Reviewer Comment (2026-04-30): LTV is greater than 80%. Per AUS condition 14, mortgage insurance of at least 6% with an MI loan-level adjustment or coverage of 12% is required.


Buyer Comment (2026-04-30): Comment from  XXXX ( XXXX): This is a NY loan. It does not have MI
05/06/2026     No 1   A   A   A   A   A   NY Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118753 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal for the borrower was not found in file.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000118753 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal for the borrower was not found in file.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000118753 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   VOR for current residence not provided.       Reviewer Comment (2026-04-29): VOR provided. Cleared.


Seller Comment (2026-04-29): Comment from  XXXX ( XXXX): Verification of Rent
04/29/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000124772 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-13): Accepted as is.
    04/13/2026 No 2 B B B B B B B B B B   OK Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119296 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least XXXX (XXXX) business days prior to closing.       Reviewer Comment (2026-04-16): XXXX received disclosure tracking for the  XXXX CD


Seller Comment (2026-04-15): Comment from  XXXX ( XXXX): a
04/16/2026     No 1 C A C A C A C A C A   NJ Second Home Refinance - Limited Cash-out GSE No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119296 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   NJ Second Home Refinance - Limited Cash-out GSE If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119260 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   OR Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000119260 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   OR Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000121025 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification of appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   OR Second Home Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116840 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification is missing.       Reviewer Comment (2026-04-16): Received Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX.): Please see attached.
04/16/2026     No 1 C A C A C A C A C A   AK Second Home Refinance - Limited Cash-out GSE   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116840 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-21): XXXX received COC dated  XXXX.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX.): Please see attached.


Reviewer Comment (2026-04-20): XXXX received COC dated  XXXX, however fee increased on CD dated  XXXX. Please provide valid COC dated  XXXX or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-04-17): Comment from  XXXX ( XXXX.): Please see attached.


Reviewer Comment (2026-04-17): XXXX received LOE, however no date of change specified on LOE. Please provide COC with date of change.


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX): Please see attached.
04/21/2026     No 1 C A C A C A C A C A   AK Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116840 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-17): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception."


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX.): Please see attached CD. This has already been cured. The original credit report fee was $ XXXX and then changed to $ XXXX. Lender credit is reflected as  XXXX on the CD.
04/17/2026     No 1 C A C A C A C A C A   AK Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116840 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing
  XXXXX   No 1   A   A   A   A   A   AK Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115351 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-16): Received AVM. Exception cleared.


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX.): Please see attached.
04/16/2026     No 1 D A D A D A D A D A   NY Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000121386 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA Verification document missing for property address XXXX .       Reviewer Comment (2026-04-16): Received, Clearing.


Seller Comment (2026-04-16): Comment from  XXXX ( XXXX): NO HOA  XXXX
04/16/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000121386 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   TX Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000118278 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Title Commitment or Preliminary title policy amount is blank.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000118528 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Combined High loan to value discrepancy.   AUS appraised value $XXXX vs Appraisal value $XXXX       Reviewer Comment (2026-04-17): Received updated AUS with correct LTV/CLTV/HCLTV and Appraisal value. Exception cleared.


Seller Comment (2026-04-17): Comment from  XXXX ( XXXX): Corrected DU
04/17/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118528 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Combined loan to value discrepancy.   AUS appraised value $XXXX vs Appraisal value $XXXX       Reviewer Comment (2026-04-20): Updated AUS provided. Cleared.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): DU
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118528 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS Findings: Loan to value discrepancy.   AUS appraised value $XXXX vs Appraisal value $XXXX       Reviewer Comment (2026-04-20): Updated AUS provided. Exception cleared.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): DU
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000114836 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property is located in a FEMA Disaster area and has not been inspected.       Reviewer Comment (2026-04-15): PDI received
04/15/2026     No 1 C A C A C A C A C A   NJ Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114836 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-04-27): Received AVM. Exception cleared.


Seller Comment (2026-04-27): Comment from  XXXX ( XXXX): Please see attached
04/27/2026     No 1 D A B A D A C A D A   NJ Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114836 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-15): PDI received


Reviewer Comment (2026-04-15): Valuation Received -  XXXX
04/15/2026     No 1   A   A   A   A   A   NJ Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114836 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-28): Accepted as is.
    04/28/2026 No 2   B   B   B   B   B   NJ Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000114836 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-28): Accepted as is.
    04/28/2026 No 2   B   B   B   B   B   NJ Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119346 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-14): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119346 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-14): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Refinance - Limited Cash-out GSE Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119924 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final 100XXXX does not indicate that the property will be an Investment Property or the Final 100XXXX Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. Loan does not qualify for Investment Loans scope because the Valuation indicates the borrower occupies the subject property.       Reviewer Comment (2026-04-29): Received, Clearing.


Seller Comment (2026-04-29): Comment from  XXXX ( XXXX): Please see attached


Reviewer Comment (2026-04-27): The appraisal will need to be corrected.


Buyer Comment (2026-04-24): Comment from  XXXX ( XXXX): The lease agreement for the subject property is on page  XXXX proving the property is an investment. Please waive
04/29/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A A A C A A A   N/A No
XXXXX 4000121314 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   SC Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121314 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Second Home not provided   Second Home Rider is missing Page 1 of 2.       Reviewer Comment (2026-04-17): Received Rider - Second Home. Exception cleared.


Seller Comment (2026-04-17): Comment from  XXXX ( XXXX): attached
04/17/2026     No 1 C A C A C A C A C A   SC Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125307 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not found in file.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000125307 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000125307 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings.         Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000121457 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not found in file.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   PA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000118772 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003/Declarations:  F. Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application? reflects Yes.  Missing  documented and/or does not meet guideline requirements. - Borrower selected "yes" for 'Are you a co-signer or guarantor on any debt or loan that is not disclosed on this application'. Kindly provide supporting documents or a revised 1003 with correct information.       Reviewer Comment (2026-04-21): The primary borrower is obligated on the 30-day XXXX account. This account was not listed on the primary's 1003. Credit supplement received, cleared


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): uploaded requested document
04/21/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000119054 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX  based on deal settings.         Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   DC Investment Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000123546 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX       Reviewer Comment (2026-04-20): PDI received, no damage revealed
04/20/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123546 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123546 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not found in file.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123546 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-20): PDI received revealing no damage


Reviewer Comment (2026-04-20): Valuation Received - XXXX
04/20/2026     No 1   A   A   A   A   A   FL Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000122887 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   TX Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000121099 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-04-20): Received Fraud report. Exception cleared.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX.): Please see attached.
04/20/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
XXXXX 4000121587 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121587 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-05-21): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-20): Comment from  XXXX ( XXXX): Pccd with letter, label and check


Reviewer Comment (2026-05-08): XXXX received COC dated  XXXX, However, the fee increased on Sequence 2 CD dated  XXXX for $ XXXX Kindly provide a valid COC for the fee increased or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.


Seller Comment (2026-05-07): Comment from  XXXX ( XXXX): CD with COC on  XXXX for loan increase. Loan amount did not change until this CD as the  XXXX CD had the same loan amount of $ XXXX as the LE in March


Reviewer Comment (2026-04-22): XXXX received COC dated  XXXX, however loan amount changed on CD dated  XXXX and fee increased on  XXXX CD. Please provide valid COC for CD dated  XXXX or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): COC's attached
  XXXXX   No 2 C B C B C B C B C B   MN Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000121587 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-05-21): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-20): Comment from  XXXX ( XXXX): Refund letter, check, PCCD and XXXX label


Reviewer Comment (2026-05-08): XXXX received COC dated  XXXX stating loan amount increase which is invalid since the loan amount didn't increase from CD dated XXXX to CD dated XXXX.Kindly provide a valid COC for the fee increase on CD dated  XXXX or cure due to borrower. Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing.


Seller Comment (2026-05-07): Comment from  XXXX ( XXXX): CD with COC attached


Reviewer Comment (2026-04-22): XXXX received COC dated  XXXX, however loan amount changed on CD dated XXXX and fee increased on  XXXX CD. Please provide valid COC for CD dated  XXXX or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): COC for transfer tax
  XXXXX   No 2 C B C B C B C B C B   MN Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125071 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %. Retained property, XXXX , included HOI and Taxes in DTI.       Reviewer Comment (2026-04-17): Received evidence mortgage on primary is not in borrower name. Excluded from DTI


Reviewer Comment (2026-04-17): EXCEPTION HISTORY - Exception Explanation was updated on  XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of  XXXX exceeds AUS total debt ratio of  XXXX.


Reviewer Comment (2026-04-17): EXCEPTION HISTORY - Exception Explanation was updated on  XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX  exceeds AUS total debt ratio of  XXXX.


Seller Comment (2026-04-17): Comment from  XXXX ( XXXX): The  XXXX mortgage already added to DTI for that property.
04/17/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000123406 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123406 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123406 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. No valid Change of Circumstance provided for change in fee.       Reviewer Comment (2026-04-29): XXXX received detailed COC dated  XXXX.


Buyer Comment (2026-04-28): Comment from  XXXX ( XXXX): From the title company, It's a processing fee the county charges for releasing an electronic recording


Reviewer Comment (2026-04-24): XXXX received updated COC dated  XXXX indicates that the additional release required that increased the recording fee. But it does not give sufficient information and documentation of the reason for the additional releases was required to increase the recording fee. What information was received that required the additional release required that increase the recording fee and when was that information received or Cure would be due to borrower.


Seller Comment (2026-04-23): Comment from XXXX ( XXXX): CIC


Reviewer Comment (2026-04-22): XXXX received COC dated XXXX, but it does not give sufficient information on why the fee was increased. We require additional information why release recording fee added and why page count was increased. Please provide additional information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): added a CIC to the ICD after we balanced. There was an additional release required that increased the recording fee
04/29/2026     No 1 C A C A C A C A C A   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119532 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing document to verify monthly payment of $XXXX  as listed on 1003.       Reviewer Comment (2026-04-24): Cleared with LOE from LO


Seller Comment (2026-04-24): Comment from  XXXX ( XXXX): uploaded email of explanation
04/24/2026     No 1 C A C A C A C A C A   WA Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117957 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal that was delivered to the borrower was not found in file.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   NC Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120943 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - 1003 states owner will occupy, provide updated signed final 1003.       Reviewer Comment (2026-04-28): Executed and corrected 1003 provided. Cleared.


Seller Comment (2026-04-28): Comment from  XXXX ( XXXX): CORRECTED 1003 SIGNED
04/28/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125500 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Legal Description not provided   Legal description is missing.       Reviewer Comment (2026-04-20): Received Legal Description. Exception cleared.


Seller Comment (2026-04-20): Comment from  XXXX ( XXXX): Legal Description
04/20/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. XXXX reflects appraisal sent XXXX .       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   OK Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Originator loan designation of Safe Harbor QM (APOR) updated from guidelines.       Reviewer Comment (2026-04-21): Discount Point Acknowledgement disclosure doc provided. Cleared.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): LOX on Bona Fide Discount Point exclusion of  XXXX%


Reviewer Comment (2026-04-20): Points and fees on subject loan of  XXXX is in excess of the allowable maximum of  XXXX of the Federal Total Loan Amount. Points and fees total $ XXXX on a Federal Total Loan Amount of $ XXXX versus an allowable total of $ XXXX an overage of $ XXXX or  XXXX. Exception remains.


Buyer Comment (2026-04-20): Comment from  XXXX ( XXXX): Loan amount is XXXX   XXXX% =  XXXX.  Please review and advise
04/21/2026     No 1 B A C A B A C A B A   OK Second Home Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees 2021 Qualified Mortgage (XXXX): Points and Fees on subject loan of XXXX % is in excess of the allowable maximum of  XXXX % of the Federal Total Loan Amount. Points and Fees total $XXXX on a Federal Total Loan Amount of $XXXX vs. an allowable total of $XXXX (an overage of $XXXXor .XXXX%). Points and fees on subject loan of XXXX % is in excess of the allowable maximum of XXXX.XXXX % of the Federal Total Loan Amount. Points and fees total $XXXX on a Federal Total Loan Amount of $XXXX versus an allowable total of $XXXX , an overage of $XXXX or XXXX %.       Reviewer Comment (2026-04-21): Discount Point Acknowledgement disclosure doc provided. Cleared.
04/21/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Title - Survey Fee.  Fee Amount of $XXXX  exceeds tolerance of $XXXX  .  Sufficient or excess cure was provided to the borrower at Closing. Title - Survey fee increased from $XXXX to $XXXX . A cure of $XXXX was provided.       Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   OK Second Home Purchase Final CD evidences Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Title - Title Update.  Fee Amount of $XXXX  exceeds tolerance of $XXXX  .  Sufficient or excess cure was provided to the borrower at Closing. Title - Title update increased from $XXXX to $XXXX . A cure of $XXXX was provided.       Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   OK Second Home Purchase Final CD evidences Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125500 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Title - ALTA 9-06 Restriction, Encroachments, Minerals.  Fee Amount of $XXXX exceeds tolerance of $XXXX  .  Sufficient or excess cure was provided to the borrower at Closing. Title - ALTA 9-06 restriction, encroachments, minerals. Fee increased from $XXXX to $XXXX . A cure of $XXXX was provided.       Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   OK Second Home Purchase Final CD evidences Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119151 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus 10% or $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No Cure provided.       Reviewer Comment (2026-04-17): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   CO Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119151 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ HOA Verification is missing.       Reviewer Comment (2026-04-21): HOA Verification, cleared


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): please review the  hoa document
04/21/2026     No 1 C A C A C A C A C A   CO Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Preliminary Title Report does not list coverage amount.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset AUS Findings: Available for Reserves discrepancy.           Reviewer Comment (2026-04-22): XXXX account already included in AUS reserve requirement, therefore does not need to be deducted from available reserves. Sufficient reserves verified


Buyer Comment (2026-04-22): Comment from  XXXX ( XXXX: As you mentioned, the Amex balance of $ XXXX was already deducted from the total assets, which is how you arrived at the total assets $ XXXX. However, that same $ XXXX is also being included in the reserve requirement. This results in double counting.
If the XXXX balance is included in the reserve requirement, it should not be deducted from the total assets. The correct calculation should instead be as follows:
Available funds for closing: $ XXXX) - total cash from borrower: $ XXXX (cash to close $ XXXX)
= $ XXXX available for reserves. The required reserves are $ XXXX, which are sufficiently covered.


Reviewer Comment (2026-04-22): Received Bank statement # XXXX with balance of  XXXX is already included in assets. However, $ XXXX of XXXX 30-day Open debt balance is deducted from assets as it is excluded from DTI. Available funds for Closing $ XXXX- Cash From Borrower $ XXXX (Final CD, Cash to Close $ XXXX)=  XXXX Available for Reserves. Reserves required are $ XXXX.Please provide additional assets. Exception remains.


Seller Comment (2026-04-21): Comment from  XXXX ( XXXX): Please see my comment on attached document.


Reviewer Comment (2026-04-21): Total verified funds are $ XXXX, calculated cash to close is $ XXXX. Verified assets $ XXXX = XXXX. Reserves required are $ XXXX


Buyer Comment (2026-04-21): Comment from  XXXX ( XXXXs): We have already included the XXXX balance in the required reserves and still have enough funds to cover reserves. Total assets = $ XXXX. Funds required to close= $ XXXX. Reserves required= $ XXXX.   $XXXX= $ XXXX which is enough to cover $ XXXX.  Please provide your total asset calculation.


Reviewer Comment (2026-04-21): Open 30-Day XXXX account with a $XXXX balance was excluded from Assets. Exception remains.


Buyer Comment (2026-04-21): Comment from XXXX( XXXX): Total assets are $ XXXX. Please provide a breakdown of how your total was calculated.
04/22/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.           Reviewer Comment (2026-04-22): XXXX account already included in AUS reserve requirement, therefore does not need to be deducted from available reserves. Sufficient reserves verified
04/22/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. Loan is short reserve requirements. Open XXXX Day XXXX account excluded.       Reviewer Comment (2026-04-22): AMEX account already included in AUS reserve requirement, therefore does not need to be deducted from available reserves. Sufficient reserves verified
04/22/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000125830 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Loan comes back in testing as Higher Priced QM (APOR) but was submitted as XXXX.       Reviewer Comment (2026-04-27): Loan restated to Higher Priced QM APOR


Reviewer Comment (2026-04-23): Loan comes back in testing as Higher Priced QM (APOR) but was submitted as XXXX.


Buyer Comment (2026-04-23): Comment from  XXXX ( XXXX): There are sufficient assets to cover the reserves. Please waive this condition.


Reviewer Comment (2026-04-22): EXCEPTION HISTORY - Exception Detail was updated on  XXXX PRIOR Exception Detail:  XXXX  XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX.
04/27/2026     No 1 B A C A B A C A B A   CA Second Home Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000125830 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (XXXX): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of XXXX. Loan restated to Higher Priced QM APOR       Reviewer Comment (2026-04-27): Client elects to waive
    04/27/2026 No 2   A   B   B   B   A   CA Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Higher Priced QM (APOR) No
XXXXX 4000119270 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX ) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal delivered to borrower was not found in file.       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   NC Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000123603 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX ) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX) business days prior to closing, and appraisal was not provided at or before closing       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   TN Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126001 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   NV Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119840 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX ) business days prior to closing, and appraisal was not provided at or before closing. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   IN Second Home Refinance - Limited Cash-out GSE   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119840 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX   exceeds tolerance of $XXXX plus XXXX  % or $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX .  $XXXX over legal limit. No cure provided.       Reviewer Comment (2026-04-24): Closing protection letter was initially disclosed on the LE. Ten percent fee tolerance not exceeded
04/24/2026     No 1 C A C A C A C A C A   IN Second Home Refinance - Limited Cash-out GSE Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000119783 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   IN Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000123787 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation.         Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   D B B B B B D A   N/A No
XXXXX 4000123787 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   D B B B B B D A   N/A No
XXXXX 4000123787 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-23): Received CDA. Exception cleared.


Reviewer Comment (2026-04-22): UCDP CU score is >2.5. Required secondary valuation. Exception remains.


Seller Comment (2026-04-22): Comment from  XXXX ( XXXX): Hello, please see attached.
04/23/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Limited Cash-out GSE   D B B B B B D A   N/A No
XXXXX 4000123787 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation.         Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2   B   B   B   B   B   CA Investment Refinance - Limited Cash-out GSE   D B B B B B D A   N/A No
XXXXX 4000124345 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Ineligible property type, the subject is a log home, RCE verifies log home.       Reviewer Comment (2026-05-01): After further review, property has XXXX. Cleared.


Buyer Comment (2026-05-01): Comment from  XXXX ( XXXX): Hello- we are working on getting you the updated insurance with the coverage needed.  Did you see my comments on property type condition, we do not agree with this, this is not a log home as evidenced on the appraisal and insurance. the structure of the home is your typical wood frame
05/01/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124345 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage is short by $XXXX .       Reviewer Comment (2026-05-29): Updated policy and RCE provided. Cleared.


Seller Comment (2026-05-29): Comment from  XXXX ( XXXX): Please see the attached Postclosing Cert and Dec page to satisfy this condition.  thank you for your patience
05/29/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000121388 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-22): Accepted as is.
    04/22/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120689 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-22): Accepted as is.
    04/22/2026 No 2 B B B B B B B B B B   MT Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000120689 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-04-27): Taxes and insurance, cleared


Seller Comment (2026-04-27): Comment from XXXX (XXXX): ALL DOCS FOR XXXX.
04/27/2026     No 1 C A C A C A C A C A   MT Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000119252 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX  Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at closing. (XXXX ) Remove/Clear Exceptions       Reviewer Comment (2026-04-22): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000120688 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Security instrument to be executed by both the individual borrowers.       Reviewer Comment (2026-04-23): Security instrument received by both as individual and trustee


Seller Comment (2026-04-23): Comment from XXXX (XXXX): please review page 14 of the dot. The borrowers did sign
04/23/2026     No 1 C A C A C A C A C A   MD Second Home Refinance - Limited Cash-out GSE   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126259 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-27): Received, Clearing.
04/27/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D B C A B B D B Safe Harbor QM (APOR) N/A No
XXXXX 4000126259 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-05-01): Received AVM. Exception cleared.


Seller Comment (2026-05-01): Comment from XXXX: Please review the attached.  Thank you.


Reviewer Comment (2026-04-29): The PDI does not suffice as a secondary valuation, exception remains


Seller Comment (2026-04-29): Comment from XXXX): Please review the attached.  Thank you.


Reviewer Comment (2026-04-27): The documentation provided was not a secondary valuation.  Please provide


Seller Comment (2026-04-27): Comment from XXXX): Please review the attached.  Thank you.
05/01/2026     No 1 D A B A D A C A D A   CA Investment Refinance - Cash-out - Other   D B C A B B D B Safe Harbor QM (APOR) N/A No
XXXXX 4000126259 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX  based on deal settings. Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX  based on deal settings.       Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   D B C A B B D B Safe Harbor QM (APOR) N/A No
XXXXX 4000126259 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-27): Received, Clearing.


Reviewer Comment (2026-04-26): Valuation Received - XXXX
04/27/2026     No 1   A   A   A   A   A   CA Investment Refinance - Cash-out - Other   D B C A B B D B Safe Harbor QM (APOR) N/A No
XXXXX 4000126259 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2   B   B   B   B   B   CA Investment Refinance - Cash-out - Other   D B C A B B D B Safe Harbor QM (APOR) N/A No
XXXXX 4000126435 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2 B B B B B B B B B B   OK Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126516 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed.       Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000122939 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2026-04-24): Accepted as is.
    04/24/2026 No 2 B B B B B B B B B B   TN Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000116999 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-04-28): Received Insurance Verification. Exception cleared.


Seller Comment (2026-04-28): Comment from XXXX (XXXX.): XXXX
04/28/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000116999 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-04-28): Received Insurance Verification. Exception cleared.


Seller Comment (2026-04-28): Comment from XXXX (XXXX.): provided all REO docs, the condition should reflect that more than the insurance is required.
04/28/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000123187 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Unable to determine insurance and ownership status of REO.       Reviewer Comment (2026-04-29): Received statement and confirming tax and insurance were escrowed. Exception cleared.


Seller Comment (2026-04-29): Comment from XXXX: Please see attached clarification regarding PITIA for XXXX along with loan servicing details and tax cert.
04/29/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C B A A A A   N/A No
XXXXX 4000123187 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B A A A A   N/A No
XXXXX 4000123491 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   CA Investment Purchase   D B D A B B A A   N/A No
XXXXX 4000123491 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   The file is missing a copy of the Purchase Contract document.       Reviewer Comment (2026-04-28): Received Purchase Agreement / Sales Contract. Exception cleared.


Seller Comment (2026-04-28): Comment from XXXX): Purchase Agreement
04/28/2026     No 1 D A D A D A D A D A   CA Investment Purchase   D B D A B B A A   N/A No
XXXXX 4000123847 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-05-06): AVM, cleared


Seller Comment (2026-05-06): Comment from XXXX): AVM
05/06/2026     No 1 D A B A D A C A D A   AZ Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123847 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-29): Received, Clearing.
04/29/2026     No 1 C A C A C A C A C A   AZ Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123847 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-29): Received, Clearing.


Reviewer Comment (2026-04-28): Valuation Received - XXXX
04/29/2026     No 1   A   A   A   A   A   AZ Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123847 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 Note Date:  ___; Lien Position: ___ *New exception after entering the AVM       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2   B   B   B   B   B   AZ Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123723 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ AUS/DU verified an Appraisal Waiver.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123723 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123723 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Initial Escrow Payment By All Parties TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX  disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. Loan Disclosures: Final Closing Disclosure provided on XXXX  disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127011 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-28): Accepted as is.
    04/28/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000127011 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Borrower waived the right to a copy of Appraisal three days prior to consummation.       Reviewer Comment (2026-04-28): Accepted as is.
    04/28/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000116738 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX  Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX  exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-28): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125472 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36           Reviewer Comment (2026-05-04): AVM, cleared


Seller Comment (2026-05-04): Comment from XXXX: AVM
05/04/2026     No 1 D A B A D A C A D A   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___         Reviewer Comment (2026-05-04): Letter confirming there were no claims on the hazard policy from the note date to the hazard effective date, cleared


Seller Comment (2026-05-04): Comment from XXXX: No claims
05/04/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-29): Received, Clearing.
04/29/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage is short by $XXXX .       Reviewer Comment (2026-04-29): Received Replacement Cost Estimator and the shortfall is covered. Exception cleared.


Seller Comment (2026-04-29): Comment from XXXX: RCE
04/29/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-29): Received, Clearing.


Reviewer Comment (2026-04-29): Valuation Received -XXXX
04/29/2026     No 1   A   A   A   A   A   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation.         Reviewer Comment (2026-05-04): Accepted as is
    05/04/2026 No 2   B   B   B   B   B   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125472 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ *New exception after entering the AVM       Reviewer Comment (2026-05-04): Accepted as is
    05/04/2026 No 2   B   B   B   B   B   OK Second Home Purchase   D B C A A B D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119871 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final 100XXXX does not indicate that the property will be an Investment Property or the Final 100XXXX Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. Valuation reflects owner-occupied in comment addendum.       Reviewer Comment (2026-05-07): Received corrected appraisal reflecting vacant occupancy


Seller Comment (2026-05-07): Comment from XXXX: a


Reviewer Comment (2026-05-05): Appraisal stating Tenant Occupied is required. Exception remains.


Seller Comment (2026-05-05): Comment from XXXX: a


Reviewer Comment (2026-05-04): The discrepancy is in the appraisal which reflects the property is owner occupied, while the 1003 reflects the property will be held as an investment property


Seller Comment (2026-05-03): Comment from XXXX: Page 4 and 12 are marked investment property. Can you tell me what/how needs to be corrected?
05/07/2026     No 1 C A C A C A C A C A   NM Investment Refinance - Limited Cash-out GSE   C A A A C A A A   N/A No
XXXXX 4000127418 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B A A B B B B N/A N/A No
XXXXX 4000127418 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation.         Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B A A B B B B N/A N/A No
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Irregular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XXXX  contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (XXXX ) business days prior to consummation. The APR increased from XXXX % on the XXXX  CD to XXXX % on the final CD dated XXXX .       Reviewer Comment (2026-05-18): XXXX received interim CD.


Seller Comment (2026-05-15): Comment from XXXX: CD redisclosed XXXX. Loan amount increase
05/18/2026     No 1 C A C A C A C A C A   MN Second Home Purchase No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX XXXX )       Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   MN Second Home Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX  exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-29): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   MN Second Home Purchase Final CD evidences Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal fee increased without a valid COC and insufficient cure provided       Reviewer Comment (2026-05-21): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-20): Comment from XXXX: Appraisal fee tolerance cure
  XXXXX   No 2 C B C B C B C B C B   MN Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX  over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal review fee increased without a valid COC and insufficient cure provided       Reviewer Comment (2026-05-21): XXXX Received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-20): Comment from XXXX: Appraisal review fee tolerance cure
  XXXXX   No 2 C B C B C B C B C B   MN Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125096 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Sufficient cure provided. Exception will be revisited once all other tolerance violations are addressed.       Reviewer Comment (2026-05-18): Cured at closing or within 60 days of consummation prior to TPR review


Seller Comment (2026-05-15): Comment from XXXX: Final CD. $XXXX tolerance cure at consummation
  XXXXX   No 1 C B C B C B C B C B   MN Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125058 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   Secondary valuation required.       Reviewer Comment (2026-05-05): AVM, cleared


Seller Comment (2026-05-05): Comment from XXXX: Please see attached XXXX AVM report to clear condition.


Reviewer Comment (2026-05-04): Report provided is a property data report. For securitization purposes, a secondary valuation is required to support the PIW value (AVM or BPO or Drive-by )


Seller Comment (2026-05-01): Comment from XXXX: Please note this should be waived we had the clear capital report as per guidelinesXXXX third party appraisal review, XXXX is an acceptable form, and the report was found on pages 15-52 of the shipping package, please re-review and waive.
05/05/2026     No 1 D A B A D A C A D A   CA Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125058 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-04-30): Received, Clearing.
04/30/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125058 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-04-30): Received, Clearing.


Reviewer Comment (2026-04-29): Valuation Received -XXXX
04/30/2026     No 1   A   A   A   A   A   CA Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125058 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ *New exception after entering the AVM       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2   B   B   B   B   B   CA Second Home Purchase   D B C A A A D B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125441 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125441 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125428 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   NJ Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000125428 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA is missing for property XXXX .       Reviewer Comment (2026-05-01): Received HOA verification. Exception cleared.


Seller Comment (2026-05-01): Comment from XXXX: HOA LOX
05/01/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000121414 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation.         Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   NH Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000125420 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000125540 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided   Business Purpose Certificate was not found in file.       Reviewer Comment (2026-04-30): Received, Clearing.


Seller Comment (2026-04-30): Comment from XXXX: BPOA DOC
04/30/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125540 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX ) business days prior to consummation. Verification appraisal delivered to borrower three (XXXX) business days prior to consummation was not provided.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123374 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-15): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-14): Comment from XXXX: Please see attached borrower docs for refund.
  XXXXX   No 2 C B C B C B C B C B   CA Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
XXXXX 4000123676 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No Cure Provided       Reviewer Comment (2026-04-30): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   SC Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000123460 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-01): Accepted as is.
    05/01/2026 No 2 B B B B B B B B B B   NJ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000122734 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was not provided.       Reviewer Comment (2026-05-04): Appraisal receipt doc provided. Cleared.


Seller Comment (2026-05-04): Comment from XXXX: Appraisal acknowledgement - XXXX print showing only 1 appraisal - and appraisal report
05/04/2026     No 1 B A B A B A B A B A   FL Second Home Purchase   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126071 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ The state mortgage statement for XXXX , was not provided in the file.       Reviewer Comment (2026-05-12): Received CDs to verify new PITI payments from mortgages on refinanced REO properties


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated onXXXX PRIOR Exception Explanation: Statement, Tax Verification
Statement


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Insurance Verification
Statement, Tax Verification
Statement


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Insurance Verification, Tax Verification
Statement, Tax Verification
Statement


Seller Comment (2026-05-12): Comment from XXXX: Schedule E of tax returns can be used to determine taxes, insurance amount for any and all rental properties 2024


Reviewer Comment (2026-05-07): Still pending HOI Verification for XXXX; Mortage Statement for XXXX; Statement and Tax Verifcation for XXXX and Tax Verfication for XXXX.


Seller Comment (2026-05-07): Comment from XXXX: MTG Statements
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000126071 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The property tax and insurance document for XXXX , was not provided in the file.       Reviewer Comment (2026-05-12): Taxes taken from 1040s


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Insurance Verification, Tax Verification


Seller Comment (2026-05-12): Comment from XXXX misc


Reviewer Comment (2026-05-07): Tax Verification not provided for this REO.


Seller Comment (2026-05-07): Comment from XXXX: XXXX, mtg stmt, taxes, insurance, hoa
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal sent XXXX/XXXX/XXXX.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard policy is missing.       Reviewer Comment (2026-05-08): Received, Clearing.


Seller Comment (2026-05-07): Comment from XXXX: misc docs; taxes and insurance on schedule e
05/08/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard policy is missing.       Reviewer Comment (2026-05-08): Received, Clearing.


Seller Comment (2026-05-07): Comment from XXXX: misc
05/08/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. AVM supports value. Vendor/FSD do not meet Fitch criteria. Sec ID: 10   ICE CA Value AVM shows value of $XXXX . XXXX in file reflects $XXXX .       Reviewer Comment (2026-05-15): CDA provided. Cleared.


Seller Comment (2026-05-15): Comment from XXXX: CDA


Reviewer Comment (2026-05-12): The AVM  FSD score of .16 does not meet Fitch criteria. A CDA or higher tier valuation would be required to support the primary value of $XXXX


Seller Comment (2026-05-12): Comment from XXXX: AVM must have an acceptable confidence score
Must be submitted with a property condition report detailing exterior photos. Property condition report to
show the underlying property to be in adequate condition


Reviewer Comment (2026-05-08): The FSD of 0.16 doesn't meet Fitch criteria.


Seller Comment (2026-05-07): Comment from XXXX: CCM used the lower value which is supported on the 1025; XXXX
05/15/2026     No 1 A A D A A A A A A A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %.       Reviewer Comment (2026-05-12): Using the new PITI payments from mortgages on refinanced REO properties, DTI meets guidelines


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXXexceeds AUS total debt ratio of XXXX.


Seller Comment (2026-05-12): Comment from XXXX: This part of a multi pack and this condition has been cleared


Reviewer Comment (2026-05-08): Please advise what mortgage statements provide. The statements include the borrowers and they don't show why they should be excluded.


Seller Comment (2026-05-07): Comment from XXXX: income calc provided and  1008
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Mortgage statement is required for this property.       Reviewer Comment (2026-05-12): Received CD to verify new PITI payments from mortgages on refinanced REO property


Seller Comment (2026-05-12): Comment from XXXX: docs


Reviewer Comment (2026-05-08): Mortgage statement for XXXX, XXXX, XXXX was not in the documents received.


Seller Comment (2026-05-07): Comment from XXXX: No mortgage real quest attached
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126076 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Documentation is needed to exclude the mortgage payments for XXXX -XXXX , XXXX , and XXXX Place.       Reviewer Comment (2026-05-12): Received CDs from refinance transactions of REO properties


Reviewer Comment (2026-05-08): Please advise what mortgage statements provide. The statements include the borrowers and they don't show why they should be excluded.


Seller Comment (2026-05-07): Comment from XXXX: mtg statements
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000125453 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119534 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Initial Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-05-08): XXXX received initial CD


Seller Comment (2026-05-07): Comment from XXXX: CD
05/08/2026     No 1 C A C A C A C A C A   TN Second Home Purchase No Defined Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000119534 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $XXXX may be required. Loan Estimate not provided.       Reviewer Comment (2026-05-08): XXXX received LE


Seller Comment (2026-05-07): Comment from XXXX: LE
05/08/2026     No 1 C A C A C A C A C A   TN Second Home Purchase No Defined Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125974 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000125974 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %.       Reviewer Comment (2026-05-12): Received CDs to verify new PITI payments from mortgages on refinanced REO properties


Reviewer Comment (2026-05-12): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.


Reviewer Comment (2026-05-08): Please advise what mortgage statements provide. The statements include the borrowers and they don't show why they should be excluded.


Seller Comment (2026-05-07): Comment from XXXX): please advise or provide income calculation, 1008 provided
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000125974 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Documentation is needed to exclude the mortgage payments for XXXX -XXXX , XXXX -XXXX , XXXX -XXXX , and XXXX Cone Place.       Reviewer Comment (2026-05-12): Received CDs to verify new PITI payments from mortgages on refinanced REO properties


Reviewer Comment (2026-05-08): Please advise what mortgage statements provide. The statements include the borrowers and they don't show why they should be excluded.


Seller Comment (2026-05-07): Comment from XXXX: mtg stmts
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000128188 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Post Disaster Inspection Report is missing.       Reviewer Comment (2026-05-06): Received, Clearing.
05/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C B B B B B   N/A No
XXXXX 4000128188 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is $XXXX . The loan amount is $XXXX .       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B B B B B   N/A No
XXXXX 4000128188 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Receipt of Appraisal is missing.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B B B B B   N/A No
XXXXX 4000128188 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B B B B B   N/A No
XXXXX 4000128188 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-06): Received, Clearing.


Reviewer Comment (2026-05-05): Valuation Received - XXXX
05/06/2026     No 1   A   A   A   A   A   CA Investment Refinance - Limited Cash-out GSE   C B C B B B B B   N/A No
XXXXX 4000126080 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126080 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %.       Reviewer Comment (2026-05-11): Southeast mortgage payment paid off with transaction


Reviewer Comment (2026-05-11): EXCEPTION HISTORY - Exception Explanation was updated onXXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.


Reviewer Comment (2026-05-11): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.


Reviewer Comment (2026-05-07): Please provide documentation to support no mortgage on XXXX, as 1003 reflects a new CCM loan with a payment of $XXXX


Reviewer Comment (2026-05-07): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.


Seller Comment (2026-05-07): Comment from XXXX XXXX (XXXX): 1008
05/11/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126080 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Required Statement for the property located at: XXXX .       Reviewer Comment (2026-05-12): Received CD from refinance


Seller Comment (2026-05-12): Comment from XXXX (XXXX.): P&I XXXX;HOI XXXX; tax $XXXX total PITI XXXX


Reviewer Comment (2026-05-11): Please provide statement reflecting if taxes and insurance are included in escrows. Exception remains.


Seller Comment (2026-05-11): Comment from XXXX: mortage statement, coupon has been provided


Reviewer Comment (2026-05-07): The final 1003 reflects a new mortgage with CCM in the amount of $XXXX and payment of $XXXX. Please provide clarification and supporting documents.


Seller Comment (2026-05-07): Comment from XXXX: no mortgage
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126080 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. AVM supports value. Vendor/FSD do not meet Fitch criteria. Sec ID: 10           Reviewer Comment (2026-05-15): CDA provided. Cleared.


Seller Comment (2026-05-15): Comment from XXXX: cda


Reviewer Comment (2026-05-12): AVM received in trailing documents already in file. The exception is due to the FSD score on the AVM being .17. An FSD score of .15 or lower is acceptable. A CDA or higher tier valuation is required to support the primary value for securitization purposes.


Seller Comment (2026-05-12): Comment from XXXX: AVM provided


Reviewer Comment (2026-05-07): Appraisal received in trailing documents already in file. The exception is due to the FSD score on the AVM being .17. An FSD score of .15 or lower is acceptable. A CDA or higher tier valuation is required to support the primary value for securitization purposes.


Seller Comment (2026-05-07): Comment from XXXX: appraisal
05/15/2026     No 1 A A D A A A A A A A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126080 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   This property is listed on Schedule E as primary and rental.: Rental income was considered on the borrower's primary residence. The Schedule E lists this as a single-family. Provide supporting documentation to confirm this is a multi-unit property.       Reviewer Comment (2026-05-12): Received appraisal reflecting property is a duplex


Seller Comment (2026-05-12): Comment from XXXX: appraisal duplex


Reviewer Comment (2026-05-11): Documentation provided lists property as a condo. Not a 2-unit property.  Exception remains.


Seller Comment (2026-05-11): Comment from XXXX  The initial condition did not reference the property address


Reviewer Comment (2026-05-07): Received property report, however the report is for XXXX. Please provide property detail report for 134 Edinburg.


Seller Comment (2026-05-07): Comment from XXXX: real quest provided and it shows this is a duplex
05/12/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Limited Cash-out GSE   D B C A B B D A   N/A No
XXXXX 4000126069 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000126069 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000126069 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 Note Date:  ___; Lien Position: ___ Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 A A A A A A A A B B   GA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000126069 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   This property is listed on Schedule E as primary and rental.: Rental income was considered on the borrower's primary residence. The Schedule E lists this as a single-family. Provide supporting documentation to confirm this is a multi-unit property.       Reviewer Comment (2026-05-08): Received, Clearing.


Seller Comment (2026-05-07): Comment from XXXX: XXXX
05/08/2026     No 1   A   A   A   A   A   GA Investment Refinance - Limited Cash-out GSE   B B A A B B B B   N/A No
XXXXX 4000125092 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127405 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   1025 Valuation in file. A secondary valuation was not located in file.       Reviewer Comment (2026-05-15): CDA provided.  Cleared.


Seller Comment (2026-05-15): Comment from XXXX: CDA
05/15/2026     No 1 D A D A D A D A D A   GA Investment Purchase   D A C A A A D A   N/A No
XXXXX 4000127405 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Lease Agreement missing for REO property.       Reviewer Comment (2026-05-12): Lease Agreement, cleared


Seller Comment (2026-05-12): Comment from XXXX: lease
05/12/2026     No 1 C A C A C A C A C A   GA Investment Purchase   D A C A A A D A   N/A No
XXXXX 4000126201 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126552 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126552 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (XXXX): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX . The file is missing the XXXX personal and business tax returns. The file contained a copy of the XXXX XXXX .       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126552 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126552 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX . Tax returns not due at the time of application       Reviewer Comment (2026-05-07): Client elects to waive
    05/07/2026 No 2   B   B   B   B   B   CA Investment Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127244 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX ).  The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. Sufficient PCCD provided. Please provide: Letter of Explanation, Proof of Delivery, Refund check for under disclosed equivalent amount, and Re-open Rescission (required on rescindable transactions)       Reviewer Comment (2026-05-18): XXXX received PCCD and LOE.


Seller Comment (2026-05-15): Comment from XXXX: Please see the updated requested documentation. Thank you.


Reviewer Comment (2026-05-13): XXXX received XXXX CD with updated fees on page 2 and matching to Final CD.  However, the Final Settlement Statement, see doc ID 0200 does not match to the fees.  FSS matches to the XXXX PCCD which reflects higher Section D fees and an underdisclosed TOP calculation. As FYI, there was no LE provided with the XXXX PCCD.  However,   Cure would be Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing.


Seller Comment (2026-05-12): Comment from XXXX: Please see the updated PCCD which matches the original Final CD figures.


Reviewer Comment (2026-05-12): XXXX received rebuttal that fees change and compliance report pass.  However, at closing, the final CD had the Total of Payments (TOP) underdisclosed to borrower by $XXXX  which is over threshold tolerance.  Fees in Section D total increased over by this amount and cure would be due to borrower.  Corrected CD, LOE to borrower, copy of cure refund for $XXXX, proof of mailing and proof of reopening of rescission.


Seller Comment (2026-05-11): Comment from XXXX: Please see the attached compliance documentation as requested. Thank you.
05/18/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127244 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud report is missing.       Reviewer Comment (2026-05-06): Fraud Report provided. Cleared.


Seller Comment (2026-05-06): Comment from XXXX: Please see the attached fraud report.
05/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127244 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   FEMA Disaster Issue: Property is located in a FEMA disaster area and has not been inspected.       Reviewer Comment (2026-05-06): Appraisal provided. Cleared.


Seller Comment (2026-05-06): Comment from XXXX: Please see the attached appraisal report which is dated XXXX. This was completed after the disaster period ending and shows no issues.
05/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127244 XXXXX   XXXXX     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Appraisal report is missing.       Reviewer Comment (2026-05-06): Appraisal provided. Cleared.


Seller Comment (2026-05-06): Comment from XXXX: Please see the attached Appraisal Report.
05/06/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127244 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-05-06): Receipt doc provided
05/06/2026     No 1   A   A   A   A   A   CA Investment Refinance - Cash-out - Other   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128327 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128327 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX       Reviewer Comment (2026-05-09): Received, Clearing.


Reviewer Comment (2026-05-06): PDI has been ordered. Nothing needed at this time.


Buyer Comment (2026-05-06): Comment from XXXX: Is anything needed on our end?
05/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128327 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128327 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   Clear Capital / Post Disaster Inspection + ClearMap - XXXX  Days       Reviewer Comment (2026-05-09): Received, Clearing.


Reviewer Comment (2026-05-08): Valuation Received - XXXX
05/09/2026     No 1   A   A   A   A   A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000124029 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation.       Reviewer Comment (2026-05-11): CDA, cleared


Seller Comment (2026-05-11): Comment from XXXX: PLEASE REVIEW AND ADVISE.
05/11/2026     No 1 D A D A D A D A D A   FL Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000128328 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived the right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and the appraisal was not provided at or before closing.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128328 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ Secondary valuation not required in file.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128328 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-05-06): Received, Clearing.
05/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000128328 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-06): Received, Clearing.


Reviewer Comment (2026-05-06): Valuation Received - XXXX
05/06/2026     No 1   A   A   A   A   A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000125450 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   RI Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000128600 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   MO Second Home Purchase   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128600 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-05-14): Received CDA. Exception cleared.


Seller Comment (2026-05-14): Comment from XXXX: CDA
05/14/2026     No 1 D A D A D A D A D A   MO Second Home Purchase   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125768 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-12): Clearing based on review coming back within tolerances.
05/12/2026     No 1   A   A   A   A   A   VA Investment Purchase   A A A A A A A A   N/A No
XXXXX 4000123064 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   WI Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120826 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   Hazard Insurance effective date is XXXX . Note Date XXXX . Wet state.       Reviewer Comment (2026-05-12): Received Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-05-12): Comment from XXXX: Corrected Policy
05/12/2026     No 1 C A C A C A C A C A   UT Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123042 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127625 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Account Statements - Personal is missing from XXXX account #XXXX.       Reviewer Comment (2026-05-07): Statement provided. Cleared.


Seller Comment (2026-05-07): Comment from XXXX: XXXX statement
05/07/2026     No 1 C A C A C A C A C A   WI Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000127625 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   WI Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000127357 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000127357 XXXXX   XXXXX     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.         Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000126192 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   D B A A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126192 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX  exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-05-13): XXXX received valid changed circumstance.


Seller Comment (2026-05-12): Comment from XXXX: COC Reason


Reviewer Comment (2026-05-12): XXXX received rebuttal and compliance report, however we require valid COC for increase of transfer tax. Please provide valid COC with sufficient information why fee increased or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-05-08): Comment fromXXXX: Compliance Report/XXXX
05/13/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B A A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126192 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-05-28): CDA received and supports value


Seller Comment (2026-05-28): Comment from XXXX: Collateral Desktop Analysis (CDA)


Reviewer Comment (2026-05-27): Need a secondary valuation or a UCDP with acceptable risk score


Seller Comment (2026-05-27): Comment from XXXX: Appraisal and Final Inspection and SSRs
05/28/2026     No 1 D A D A D A D A D A   FL Second Home Purchase   D B A A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126482 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX  exceeds tolerance of $XXXX  .  $XXXX  over legal limit.  Insufficient or no cure was provided to the borrower. XXXX Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . $XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-22): XXXX received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-05-21): Comment from XXXX (XXXX.): Please see attached docs


Reviewer Comment (2026-05-15): XXXX: The receipt of an invoice is not a valid changed circumstance in order for a fee to be re-baselined. A valid COC on reason for the fee increased or Cure is required to borrower. Cure consists of corrected CD, LOE to borrower, proof of mailing, and copy of refund check.


Seller Comment (2026-05-14): Comment from XXXX): Please see attached.
  XXXXX   No 2 C B C B C B C B C B   AZ Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126017 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Purchase Agreement is missing for the Subject Property.       Reviewer Comment (2026-05-11): Purchase Agreement, cleared


Seller Comment (2026-05-11): Comment from XXXX: purchase contract
05/11/2026     No 1 D A D A D A D A D A   AZ Investment Purchase   D A D A A A A A   N/A No
XXXXX 4000124058 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. Disaster Name: ___
Disaster Declaration Date: ___
Disaster End Date:  ___
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 (2026-05-11): Property built in 1998 per AVM and XXXX. The disaster is dated XXXX, cleared
05/11/2026     No 1 C A C A C A C A C A   WA Second Home Refinance - Cash-out - Other   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124058 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. AVM supports value. Sec ID: 26 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   WA Second Home Refinance - Cash-out - Other   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124058 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   WA Second Home Refinance - Cash-out - Other   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124058 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-11): Property built in XXXX AVM and XXXX. The disaster dates from XXXX, cleared
05/11/2026     No 1   A   A   A   A   A   WA Second Home Refinance - Cash-out - Other   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126010 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2026-05-11): PDI received and confirms no damage
05/11/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000126010 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing. Sec ID: 36   Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.       Reviewer Comment (2026-05-20): Received, Clearing.


Seller Comment (2026-05-19): Comment from XXXX: Please see attached
05/20/2026     No 1 D A B A D A C A D A   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000126010 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000126010 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-11): Received, cleared


Reviewer Comment (2026-05-11): Valuation Received - XXXX
05/11/2026     No 1   A   A   A   A   A   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000126010 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2   B   B   B   B   B   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000126010 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2   B   B   B   B   B   KY Investment Refinance - Limited Cash-out GSE   D B C B A B D B   N/A No
XXXXX 4000129281 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Secondary/XXXX )       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   CA Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000129281 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report missing in file.       Reviewer Comment (2026-05-11): Fraud Report provided. Cleared.


Seller Comment (2026-05-11): Comment from XXXX: Fraud Report
05/11/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000126915 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B B B A A   N/A No
XXXXX 4000126915 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B B B A A   N/A No
XXXXX 4000125987 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125987 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (XXXX) business days of application.         Reviewer Comment (2026-05-14): XXXX received XXXX initial LE within 3 business days of application.


Seller Comment (2026-05-13): Comment from XXXX: see attached
05/14/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125987 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Loan Estimate Seven Day Waiting Period TILA-RESPA Integrated Disclosure: Loan Estimate was not delivered or placed in the mail to the borrower at least seven (XXXX ) business days prior to closing. Loan Estimate was not delivered or placed in the mail to the borrower at least seven (XXXX ) business days prior to closing.       Reviewer Comment (2026-05-14): XXXX received initial LE.


Seller Comment (2026-05-13): Comment from XXXX: see attached
05/14/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125987 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Provided COC in the loan file does not give sufficient information on reason for the fee added. A valid COC for the fee added or Cure is required to borrower.       Reviewer Comment (2026-05-18): XXXX received COC dated XXXX


Seller Comment (2026-05-15): Comment from XXXX: see attached


Reviewer Comment (2026-05-15): XXXX received COC dated XXXX for increase in fee but the reason provided is not sufficient as to why the appraisal review is required. Please provide information as to what changed circumstance occurred (as defined under 1026.19(e)(4)(A)-(F) that resulted in an increase in closing costs or cure would be required.
Cure requirements include LOE, corrected CD, proof of mailing and copy of refund check.


Seller Comment (2026-05-14): Comment from XXXX): see attached
05/18/2026     No 1   A   A   A   A   A   IL Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127229 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (XXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Creditor did not provide List of Homeownership Counseling Organizations to borrower.       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   PA Second Home Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127229 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX  exceeds tolerance of $XXXX plus XXXX % or $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No cure was provided to the borrower.       Reviewer Comment (2026-05-11): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   PA Second Home Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127229 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX  exceeds tolerance of $XXXX  .  Sufficient or excess cure was provided to the borrower at Closing. No cure was provided to the borrower.       Reviewer Comment (2026-05-11): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   PA Second Home Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127229 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX  exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No cure was provided to the borrower.       Reviewer Comment (2026-05-11): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   PA Second Home Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125102 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided       Reviewer Comment (2026-05-12): Accepted as is.
    05/12/2026 No 2 B B B B B B B B B B   IN Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127636 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure provided.       Reviewer Comment (2026-05-15): XXXX Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.


Seller Comment (2026-05-13): Comment from XXXX (XXXX): Provided final CD and ALTA that reflects $XXXX tolerance cure
05/15/2026     No 1 C A C A C A C A C A   MT Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127636 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property is located in a FEMA disaster area and has not been inspected.       Reviewer Comment (2026-05-20): Received, Clearing.


Reviewer Comment (2026-05-15): Pending PDI ordered XXXX.


Buyer Comment (2026-05-15): Comment from XXXX: Your compliance dept is in the process of ordering the disaster inspection. Thank you


Reviewer Comment (2026-05-13): Disaster inspection is required per buyer and has been ordered on their behalf.


Buyer Comment (2026-05-13): Comment from XXXX: Disaster end date is over XXXX days from the application date, a disaster inspection should not be required
05/20/2026     No 1 C A C A C A C A C A   MT Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127636 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-12): Accepted as is.
    05/12/2026 No 2 B B B B B B B B B B   MT Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127636 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-05-12): Accepted as is.
    05/12/2026 No 2 B B B B B B B B B B   MT Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127636 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-20): Received, Clearing.


Reviewer Comment (2026-05-19): Valuation Received - XXXX
05/20/2026     No 1   A   A   A   A   A   MT Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127636 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-15): Sufficient Cure Provided At Closing
  XXXXX   No 1   A   A   A   A   A   MT Second Home Purchase Final CD evidences Cure C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127636 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has been affected by the disaster. Disaster Name: ___;
Disaster Declaration Date: ___;
Most Recent Disaster End Date: ___
PDI shows damage at under 1k.Exception from buyer of the loan is needed. 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.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The qualifying DTI on the loan is less than or equal to 35%.

The representative FICO score exceeds the guideline minimum by at least 40 points.

The representative FICO score is above 680.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-05-21): The buyer accepts the PDI with less than 1k in possible damage.
    05/21/2026 Yes 2   B   B   B   B   B   MT Second Home Purchase   C B C B C B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126238 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. The date the valuation was provided to applicant is prior to the date when the valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-05-12): Accepted as is.
    05/12/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000124526 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $XXXX .  Provide updated policy reflecting minimum coverage of $XXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-05-15): RCE provided. Cleared.


Seller Comment (2026-05-15): Comment from XXXX: RCE
05/15/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124526 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-12): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000124526 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-12): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NC Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000124913 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to the applicant XXXX business days prior to consummation.       Reviewer Comment (2026-05-13): Accepted as is.
    05/13/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127282 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Field Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-05-27): XXXX received LOX and as per COC dated XXXX.


Seller Comment (2026-05-26): Comment from XXXX: LOX detailing valid change of circumstance


Reviewer Comment (2026-05-22): XXXX received COC dated XXXX but the reason is not provided for adding appraisal field review fee also, the email log provided for property inspection is datedXXXX but the Final inspection fee was added on CD dated XXXX. Please provide more information as to why the field review was required or cure would be due to the borrower.


Seller Comment (2026-05-20): Comment from XXXX: Valid COC - no cure needed for Appraisal review fee
05/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B C A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127282 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal was made subject to, and XXXX is not in the images.       Reviewer Comment (2026-05-20): Received Property Inspection Report. Exception cleared.


Seller Comment (2026-05-20): Comment from XXXX appraisal was subject only to confirmation by inspector regarding seepage
05/20/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other   C B A A C B C A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127282 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-06-02): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-06-01): Comment from XXXX: PCCD and refund


Reviewer Comment (2026-05-27): XXXX received corrected PCCD and LOE removing the Final inspection fee of $XXXX but refund check to borrower and proof of mailing is missing in file. Please provide check and mailing details to cure this exception.


Seller Comment (2026-05-26): Comment from XXXX: PCCD
  XXXXX   No 2 C B C B C B C B C B   MI Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B C A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125045 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage Statement missing for REO property.       Reviewer Comment (2026-05-19): Received Closing Disclosure, Exception Cleared.


Seller Comment (2026-05-19): Comment from XXXX: REO payment
05/19/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127012 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX % of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient by $XXXX       Reviewer Comment (2026-05-15): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-05-15): Comment from XXXX: RCE attached
05/15/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000129162 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - VVOE was not found in file.       Reviewer Comment (2026-05-16): Received, Clearing.


Seller Comment (2026-05-15): Comment from XXXX: Borrower works for defense and the uploaded payslip verifies the employment of borrower and it is valid for XXXX days.
05/16/2026     No 1 C A C A C A C A C A   NV Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000129162 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need the mortgage statements for XXXX  and XXXX  XXXX , XXXX .       Reviewer Comment (2026-05-22): Cleared Notee received for statements.


Seller Comment (2026-05-21): Comment from XXXX: Providing DOT and NOTE in lieu of Mortgage Statement for other properties


Reviewer Comment (2026-05-16): If not being paid off then mortgage statement to provided proof of the payment is required.


Buyer Comment (2026-05-15): Comment from XXXX: Both the mortgage is not getting paid off and hence no mortgage statement is available.
05/22/2026     No 1 C A C A C A C A C A   NV Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000126518 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need the Insurance Verification for this property.       Reviewer Comment (2026-05-18): Received Insurance Verification. Exception cleared.


Seller Comment (2026-05-18): Comment from XXXX: HOi for XXXX new 1008 and AUS
05/18/2026     No 1 C A C A C A C A C A   UT Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128173 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-05-22): Received Disclosure Summary. Exception cleared.


Seller Comment (2026-05-22): Comment from XXXX: Disclosure tracking Uploaded
05/22/2026     No 1 C A C A C A C A C A   OK Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128173 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at closing.       Reviewer Comment (2026-05-13): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   OK Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126799 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-05-14): Accepted as is.
    05/14/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B A A A A   N/A No
XXXXX 4000127027 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2026-05-14): Accepted as is.
    05/14/2026 No 2 B B B B B B B B B B   ID Second Home Refinance - Cash-out - Other If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126787 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification that the appraisal was delivered to the borrower was not provided.       Reviewer Comment (2026-05-14): Accepted as is.
    05/14/2026 No 2 B B B B B B B B B B   TX Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127207 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-14): Accepted as is.
    05/14/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126230 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   SC Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000129276 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   NV Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000129276 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report was not found in file.       Reviewer Comment (2026-05-18): Received Fraud report. Exception cleared.


Seller Comment (2026-05-18): Comment from XXXX: Fraud Report
05/18/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000129276 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report was not found in file.       Reviewer Comment (2026-05-18): Received Fraud report. Exception cleared.


Seller Comment (2026-05-18): Comment from XXXX: Fraud Report
05/18/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000129276 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX .XXXX %.       Reviewer Comment (2026-05-18): Received updated AUS. Exception cleared.


Seller Comment (2026-05-18): Comment from XXXX: Corrected AUS #6 is attached for review.
Please note that the primary tax and insurance expenses did not populate in the calculation.
05/18/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000125887 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   NJ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126375 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   AZ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127904 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127904 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Initial Escrow Payment By All Parties TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX  disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127904 XXXXX   XXXXX     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.         Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000130488 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-05-18): Accepted as is.
    05/18/2026 No 2 B B B B B B B B B B   OK Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000125849 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   MA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000125849 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   MA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000125849 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___         Reviewer Comment (2026-05-22): Received, cleared


Seller Comment (2026-05-22): Comment from XXXX. Please see attached.


Reviewer Comment (2026-05-19): The schedule E list HOA fees, please provide HOA statement to verify payment amount.


Seller Comment (2026-05-19): Comment from XXXX: Please see attached.
05/22/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000125849 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___         Reviewer Comment (2026-05-22): Received, cleared


Seller Comment (2026-05-22): Comment from XXXX: Please see attached.


Reviewer Comment (2026-05-19): The schedule E list HOA fees, please provide HOA statement to verify payment amount.


Seller Comment (2026-05-19): Comment from XXXX: Please see attached.
05/22/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000125849 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___         Reviewer Comment (2026-05-22): Received, cleared


Seller Comment (2026-05-22): Comment from XXXX: Please see attached.


Reviewer Comment (2026-05-19): The schedule E list HOA fees, please provide HOA statement to verify payment amount.


Seller Comment (2026-05-19): Comment from XXXX: Please see attached.
05/22/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000127837 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-18): Accepted as is.
    05/18/2026 No 2 B B B B B B B B B B   PA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127837 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-18): Accepted as is.
    05/18/2026 No 2 B B B B B B B B B B   PA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000127392 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   CA Investment Purchase   C B C B A A A A   N/A No
XXXXX 4000127392 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -         Reviewer Comment (2026-05-22): Received, cleared


Seller Comment (2026-05-22): Comment from XXXX: XXXX was the original company.  In 2025 XXXX merged with a new company XXXX.  This business was started XXXX. Statement of Information and Articles of Incorporation uploaded.  On XXXX is when the two companies Merged; also uploaded is the Certificate of Merger.   The 1120s is now XXXX and XXXX.
05/22/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C B C B A A A A   N/A No
XXXXX 4000125908 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   KY Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000125762 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX % of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient by $XXXX .       Reviewer Comment (2026-05-20): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-05-20): Comment fromXXXX : RCE
05/20/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000125762 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-05-19): Vacant Lot. Tax doc provided. Cleared.


Seller Comment (2026-05-19): Comment from XXXX: XXXX is an empty lot next to our subject. With that being said- he does not carry insurance on it and there is no mortgage. We separated it with this transaction. I attached the taxes.
05/19/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000125820 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   OH Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000125820 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Need the mortgage statement and HOA documentation, if applicable, for this property.       Reviewer Comment (2026-05-26): Received, Clearing.


Seller Comment (2026-05-22): Comment from XXXX: Please see attached
05/26/2026     No 1 C A C A C A C A C A   OH Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000126002 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-05-19): Fraud report received


Seller Comment (2026-05-19): Comment from XXXX: fraudguard
05/19/2026     No 1 C A C A C A C A C A   IL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000130849 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-05-27): CDA, cleared


Seller Comment (2026-05-27): Comment from XXXX: Desk Review


Reviewer Comment (2026-05-21): Looking for the secondary valuation as required by the guidelines.


Seller Comment (2026-05-20): Comment from XXXX: Appraisal
05/27/2026     No 1 D A D A D A D A D A   AR Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000127124 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000126563 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126563 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property is located in a FEMA disaster area and has not been inspected.       Reviewer Comment (2026-05-27): Received, Clearing.
05/27/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126563 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126563 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-27): Received, Clearing.


Reviewer Comment (2026-05-27): Valuation Received - XXXX
05/27/2026     No 1   A   A   A   A   A   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125780 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of XXXX % exceeds AUS total debt ratio of XXXX %.       Reviewer Comment (2026-05-28): Received, Clearing.


Seller Comment (2026-05-27): Comment from XXXX: updated LP


Reviewer Comment (2026-05-26): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX%.
05/28/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000125780 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   NC Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000125999 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA Verification was not found in file.       Reviewer Comment (2026-05-27): Received HOA Verification. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: REO Docs
05/27/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other   C A C A A A A A N/A N/A No
XXXXX 4000128226 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification is missing in file.       Reviewer Comment (2026-05-26): Received Hazard Insurance policy. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: Attached
05/26/2026     No 1 C A C A C A C A C A   AZ Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128226 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX   Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX . The business or personal tax returns provided are not the most recent.       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128226 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX  . The business or personal tax returns provided are not the most recent.       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000124736 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-05-20): Received Lease Agreement. Exception cleared.


Seller Comment (2026-05-20): Comment from XXXX: Lease REO
05/20/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000124736 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   TX Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000126285 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. Cure provided at closing.       Reviewer Comment (2026-05-20): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   NV Investment Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A N/A N/A Yes
XXXXX 4000126285 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   NV Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000128083 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Secondary/XXXX ).       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   AL Second Home Purchase   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128083 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   AL Second Home Purchase   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125580 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of HOA Verification.       Reviewer Comment (2026-05-20): Received HOA verification. Exception cleared.


Seller Comment (2026-05-20): Comment from XXXX: Please see attached HOA verification of $XXXX HOA on XXXX
05/20/2026     No 1 C A C A C A C A C A   VA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000128695 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification is misisng.       Reviewer Comment (2026-06-01): Received Insurance Verification. Exception cleared.


Seller Comment (2026-06-01): Comment from XXXX: XXXX Insurance


Reviewer Comment (2026-05-27): The policy provided was not for this property, provide policy for XXXX.


Seller Comment (2026-05-27): Comment from XXXX: Fair Rental Value: $XXXX
06/01/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000128695 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   SC Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000128695 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings. Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings.       Reviewer Comment (2026-06-04): Testing not required, loan is for business purpose


Reviewer Comment (2026-06-04): Reopened


Reviewer Comment (2026-05-20): Accepted as is.
06/04/2026     No 1 B A B A B A B A B A   SC Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000131145 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX .       Reviewer Comment (2026-05-22): PDI received and reflects no damage
05/22/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000131145 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___ Clear AVM in file. A secondary valuation was not located in file.       Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000131145 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Receipt of appraisal is missing.       Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000131145 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-22): Received, cleared


Reviewer Comment (2026-05-21): Valuation Received -XXXX
05/22/2026     No 1   A   A   A   A   A   CA Investment Refinance - Limited Cash-out GSE   C B C A B B B B   N/A No
XXXXX 4000126277 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX )       Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127607 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Insurance verification is missing.       Reviewer Comment (2026-05-21): Received, Clearing.


Seller Comment (2026-05-20): Comment from XXXX: after review this address  is land only.  no insurance will be listed.  per our loan processor.  tax cert no hoa and google search attached.
05/21/2026     No 1 C A C A C A C A C A   CO Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000127607 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-20): Accepted as is.
    05/20/2026 No 2 B B B B B B B B B B   CO Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000129326 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B B B A A   N/A No
XXXXX 4000129326 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B B B B B A A   N/A No
XXXXX 4000127008 XXXXX   XXXXX     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.         Reviewer Comment (2026-05-21): Accepted as is.
    05/21/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000129397 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-22): Client elects to waive
    05/22/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000129397 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Investment Property Submitted as QM Test Ability-to-Repay (XXXX): Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings. Improper Originator Loan Designation. Investment property not subject to TILA Ability-to-Repay requirements under XXXX based on deal settings.       Reviewer Comment (2026-05-22): Client elects to waive
    05/22/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) N/A No
XXXXX 4000127121 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. XXXX reflects Appraisal sent XXXX .       Reviewer Comment (2026-05-22): Client elects to waive
    05/22/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other   C B A A C B A A N/A N/A No
XXXXX 4000127121 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points increased from $XXXX to $XXXX a difference of $XXXX . No cure provided.       Reviewer Comment (2026-06-01): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-29): Comment from XXXX: Please see attached HOA verification of $0 HOA on XXXX
  XXXXX   No 2 C B C B C B C B C B   OH Investment Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A N/A N/A Yes
XXXXX 4000125575 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-05-27): Received Fraud Report. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: fraud report
05/27/2026     No 1 C A C A C A C A C A   WI Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125575 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower, but was not provided.       Reviewer Comment (2026-05-22): Client elects to waive
    05/22/2026 No 2 B B B B B B B B B B   WI Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125575 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $XXXX + XXXX % replacement is sufficient to cover the mortgage amount of $XXXX ; however, the appraiser did not provide an estimated cost new. Please provide a letter from the insurer stating the maximum insurable amount and/or a replacement cost estimator from the insurer. Coverage shortfall based on XXXX % of the appraised value is $XXXX ,XXXX .       Reviewer Comment (2026-06-02): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-06-02): Comment from XXXX: replacement cost value


Reviewer Comment (2026-05-28): Please provide reference to the FNMA guidelines that state loan amount makes coverage sufficient.


Seller Comment (2026-05-28): Comment from XXXX: Insurance rebuttal
06/02/2026     No 1 C A C A C A C A C A   WI Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125686 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Disparity In Occupancy - Investment Loans Loan does not qualify for Investment Loans scope because the Final XXXX does not indicate that the property will be an Investment Property or the Final XXXX Declarations, Valuation or Occupancy Certificate indicates the borrower intends to occupy the subject property. Loan does not qualify for Investment Loans scope because the Final XXXX does not indicate that the property will be an Investment Property or the Final XXXX Declarations, Valuation, or Occupancy Certificate indicates the borrower intends to occupy the subject property.       Reviewer Comment (2026-06-01): Received, Clearing.


Seller Comment (2026-06-01): Comment from XXXX: updated appraisal


Reviewer Comment (2026-05-26): The issue is the appraisal lists the occupant as Owner.


Seller Comment (2026-05-26): Comment from XXXX: final 1003
06/01/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
XXXXX 4000125686 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud report was missing from the file.       Reviewer Comment (2026-05-26): Received Fraud report. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: fraudguard
05/26/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Limited Cash-out GSE   C A C A C A A A   N/A No
XXXXX 4000131662 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - HOA Verification and Mortgage Statement was not found in file.       Reviewer Comment (2026-05-26): Received statement and HOA verification. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: Please review the attached.  Thank you.
05/26/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125572 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX   Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX . The business or personal tax returns provided are not the most recent. Application Date XXXX , Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX .       Reviewer Comment (2026-05-22): Client elects to waive
    05/22/2026 No 2 B B B B B B B B B B   MT Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125572 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-22): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   MT Second Home Purchase Final CD evidences Cure C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125572 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-22): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   MT Second Home Purchase Final CD evidences Cure C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000125572 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2026-05-26): Received Fraud Report. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: fraudguard
05/26/2026     No 1 C A C A C A C A C A   MT Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000125572 XXXXX   XXXXX     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 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 reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

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.

The representative FICO score is above 680.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-06-01): LOE of no claims or damage received.


Seller Comment (2026-06-01): Comment from XXXX: insurance lox


Reviewer Comment (2026-05-28): The buyer will accept a LOE of the insurer that there was no damage between ownership and coverage date.


Seller Comment (2026-05-28): Comment from XXXX: insurance rebuttal


Reviewer Comment (2026-05-27): Wet State. Effective Date must be prior to or on date of consummation.  Exception remains.


Seller Comment (2026-05-27): Comment from XXXX: insurance
    06/01/2026 Yes 2 C B C B C B C B C B   MT Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126314 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   PDI ordered XXXX       Reviewer Comment (2026-05-28): Received, Clearing.
05/28/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126314 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Secondary/XXXX )       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126314 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126314 XXXXX   XXXXX     Property Valuation General Valuation Valuation Product pending   XXXX / Post Disaster Inspection + XXXX - XXXX       Reviewer Comment (2026-05-28): Received, Clearing.


Reviewer Comment (2026-05-27): Valuation Received - XXXX
05/28/2026     No 1   A   A   A   A   A   NC Second Home Purchase   C B C A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000129897 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   RI Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000129926 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   CT Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000129836 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three business days prior to consummation. (Type:Primary/XXXX )       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   SC Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000129836 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Homeowners Association Verification is missing for Real Estate Owned Property "XXXX ".       Reviewer Comment (2026-06-01): Received HOA Verification. Exception cleared.


Seller Comment (2026-05-31): Comment from XXXX: please see HOA on the last page


Reviewer Comment (2026-05-27): HOA Verification not received, Exception remains.


Seller Comment (2026-05-27): Comment from XXXX: HOA
06/01/2026     No 1 C A C A C A C A C A   SC Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000130122 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000130122 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No cure provided in file.       Reviewer Comment (2026-05-22): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000130122 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $1,XXXX .  Sufficient or excess cure was provided to the borrower at Closing. No cure provided in file.       Reviewer Comment (2026-05-22): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000130122 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The title policy amount of $XXXX  is less than the note amount of $XXXX based on the commitment in file.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000130122 XXXXX   XXXXX     Credit Credit Transaction Error Credit Transaction Error: Total Cash-out on a purchase transaction. Borrower is receiving total cash-out of ___ on a purchase transaction. Borrower is receiving total cash-out of $XXXX  on a purchase transaction.       Reviewer Comment (2026-05-27): Received, Clearing.


Seller Comment (2026-05-26): Comment from XXXX: Please see attached rebuttal. Thank you!
05/27/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127254 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126440 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   OK Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000126440 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX % of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient by $XXXX .       Reviewer Comment (2026-05-27): Received Replacement Cost Estimator and the shortfall is covered. Exception cleared.


Seller Comment (2026-05-27): Comment from XXXX: RCE
05/27/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000126520 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to the applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126520 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to the applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126520 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX  Tax Return Due Date 0XXXX . The file contains the tax extension for 2025 returns.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126520 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX  Tax Return Due Date XXXX . The file contains the tax extension for 2025 returns.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127578 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   WI Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000128979 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is not found in the file.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   TN Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000128979 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Tax Cert was not found in file.       Reviewer Comment (2026-05-28): Received, Clearing.


Seller Comment (2026-05-27): Comment from XXXX: tax receipt XXXX
05/28/2026     No 1 C A C A C A C A C A   TN Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000127051 XXXXX   XXXXX     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.         Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000127301 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NV Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126877 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NC Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000128336 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. XXXX Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX % or $XXXX . A cure of $XXXX  was provided.       Reviewer Comment (2026-05-27): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   AR Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000128336 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. Transfer Tax Fee increased from $XXXX to $XXXX , an increase of $XXXX . A cure of $XXXX was provided.       Reviewer Comment (2026-05-27): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   AR Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126804 XXXXX   XXXXX     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Received unsigned Note document.       Reviewer Comment (2026-05-29): Note - Subject Lien, cleared


Seller Comment (2026-05-29): Comment from XXXX: Note
05/29/2026     No 1 D A D A D A D A D A   AZ Investment Purchase   D B D A D B A A   N/A No
XXXXX 4000126804 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   Received unsigned 1-4 family Rider.       Reviewer Comment (2026-05-29): Rider - 1-4 Family, cleared


Seller Comment (2026-05-29): Comment from XXXX: Family Rider
05/29/2026     No 1 C A C A C A C A C A   AZ Investment Purchase   D B D A D B A A   N/A No
XXXXX 4000126804 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   Received unsigned PUD rider.       Reviewer Comment (2026-05-29): Rider - PUD, cleared


Seller Comment (2026-05-29): Comment from XXXX: PUD Rider
05/29/2026     No 1 C A C A C A C A C A   AZ Investment Purchase   D B D A D B A A   N/A No
XXXXX 4000126804 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security instrument is not fully executed.       Reviewer Comment (2026-05-29): Security Instrument - Subject Lien, cleared


Seller Comment (2026-05-29): Comment from XXXX: DOT
05/29/2026     No 1 D A D A D A D A D A   AZ Investment Purchase   D B D A D B A A   N/A No
XXXXX 4000126804 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   AZ Investment Purchase   D B D A D B A A   N/A No
XXXXX 4000128072 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   OH Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126199 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The Hazard Insurance Policy Effective Date is after the later of the note or transaction date.       Reviewer Comment (2026-05-28): Corrected HOI Policy provided. Cleared.


Seller Comment (2026-05-28): Comment from XXXX: HOI effective date XXXX
05/28/2026     No 1 C A C A C A C A C A   VA Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000126199 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. (Type:Primary/XXXX )       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   VA Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000126199 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Need a statement for the second mortgage on the  XXXX property.       Reviewer Comment (2026-05-29): Received HELOC Agreement. Exception cleared.


Seller Comment (2026-05-29): Comment from XXXX: heloc
05/29/2026     No 1 C A C A C A C A C A   VA Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000127981 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX) business days prior to closing, and appraisal was not provided at or before closing       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000125706 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Initial Escrow Payment By All Parties TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX  disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts. Loan Disclosures: Final Closing Disclosure provided on XXXX  disclosed an Initial Escrow Payment that includes both borrower and non-borrower paid amounts.       Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   GA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000126562 XXXXX   XXXXX     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Note Date:  ___; Lien Position: ___         Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   MN Second Home Refinance - Limited Cash-out GSE   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000126562 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   MN Second Home Refinance - Limited Cash-out GSE   B B A A B B B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000129553 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   GA Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000126510 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing.       Reviewer Comment (2026-06-01): Received, Clearing.


Seller Comment (2026-06-01): Comment from XXXX: fraud report
06/01/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000126510 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. XXXX  E-mail in file reflects Appraisals sent XXXX .       Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   WI Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000127679 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Verification is missing.       Reviewer Comment (2026-06-02): Received Tax Verification. Exception cleared.


Seller Comment (2026-06-02): Comment from XXXX: tax bill
06/02/2026     No 1 C A C A C A C A C A   IL Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127679 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-06-02): Received Fraud Report. Exception cleared.


Seller Comment (2026-06-02): Comment from XXXX: fraud report
06/02/2026     No 1 C A C A C A C A C A   IL Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000127679 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Desk Review fee increased from $XXXX to $XXXX .  A cure of $XXXX was provided.       Reviewer Comment (2026-05-28): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   IL Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000127410 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000127410 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000127410 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The Fraud Report is missing in the file.       Reviewer Comment (2026-05-29): Fraud Report, cleared


Seller Comment (2026-05-29): Comment from XXXX: FRAUD REPORT
05/29/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000132224 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. XXXX reflects Secondary Appraisal was send XXXX .       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   WA Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000132224 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-06-01): Received E-Sign Consent Agreement. Exception cleared.


Seller Comment (2026-06-01): Comment from XXXX): E-Consent
06/01/2026     No 1 C A C A C A C A C A   WA Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000129758 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   AUS is missing for AUS Conforming loan.       Reviewer Comment (2026-06-01): Received AUS. Exception cleared.


Seller Comment (2026-06-01): Comment from XXXX: AUS
06/01/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000129758 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Verification is missing for REO.       Reviewer Comment (2026-06-01): Received Tax Verification. Exception cleared.


Seller Comment (2026-06-01): Comment from XXXX: tax bill
06/01/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000129373 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-05-28): Accepted as is.
    05/28/2026 No 2 B B B B B B B B B B   CA Investment Purchase   C B C B A A A A   N/A No
XXXXX 4000129373 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing for both borrowers.       Reviewer Comment (2026-05-28): Fraud Report, cleared


Seller Comment (2026-05-28): Comment from XXXX: fraud report
05/28/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C B C B A A A A   N/A No
XXXXX 4000128348 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX.         Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX.         Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX ,  Most Recent Tax Return End Date XXXX , Tax Return Due Date XXXX.         Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (XXXX): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX,  Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. The business or personal tax returns provided are not the most recent.  There is an approved tax return extension for 2025 in file.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (XXXX): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX,  Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. The business or personal tax returns provided are not the most recent.  There is an approved tax return extension in file for 2025.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Self-Employed Tax Return Recency - ATR Ability to Repay (XXXX): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date XXXX,  Most Recent Tax Return End Date XXXX, Tax Return Due Date XXXX. The business or personal tax returns provided are not the most recent.  There is an approved tax return extension in file for 2025.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000131431 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-06-01): Received AVM. Exception cleared.


Seller Comment (2026-06-01): Comment from XXXX: AVM
06/01/2026     No 1 D A D A D A D A D A   AZ Investment Refinance - Cash-out - Other   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000132181 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. The date the valuation was provided to the applicant is prior to the date the appraisal was performed.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000126293 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Certification Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing. XXXX Percent Fee Tolerance was exceeded for Certification Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-05-29): Sufficient Cure Provided At Closing
  XXXXX   No 1 A A A A A A A A A A   AR Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000130317 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (XXXX): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-06-02): Accepted as is.
    06/02/2026 No 2 B B B B B B B B B B   AZ Investment Purchase   B B A A B B A A   N/A No