GS Mortgage Securities Corp. ABS-15G

Exhibit 99.1 - Schedule 3

 

 

 

Exception Grades
Run Date - 7/9/2026 4:27:27 PM

SitusAMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Unique Loan ID 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 Originator QM ATR Status TPR QM ATR Status Is Curable
[redacted] [redacted] [redacted] [redacted] 56625196 35070510     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-21): XXXXX
01/21/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56625196 35072650     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             11/28/2025 No 2 B B B B B B B B B B   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56625196 35072667     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-02): XXXXX
12/02/2025     No 1 D A D A D A D A D A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56625196 35137676     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2025-12-02): XXXXX
    12/02/2025 Yes 2   B   B   B   B   B   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55546500 34806158     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2025-11-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54441239 35133882     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             12/04/2025 No 2 B B B B B B B B B B   KY Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54441239 35133883     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.84080% or Final Disclosure APR of 8.90300% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.84023% or Final Disclosure APR of 8.90300% is equal to or greater than the threshold of APOR 6.22% + 1.5%, or 7.72000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-23): XXXXX


Seller Comment (2025-12-23): XXXXX


Reviewer Comment (2025-12-19): XXXXX


Seller Comment (2025-12-17): XXXXX


Reviewer Comment (2025-12-09): XXXXX


Seller Comment (2025-12-09): XXXXX
01/27/2026     No 1 C A C A C A C A C A   KY Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54441239 35133884     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-23): XXXXX


Seller Comment (2025-12-23): XXXXX


Reviewer Comment (2025-12-18): XXXXX


Seller Comment (2025-12-17): XXXXX


Reviewer Comment (2025-12-09): XXXXX


Seller Comment (2025-12-09): XXXXX
01/27/2026     No 1 C A C A C A C A C A   KY Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54441239 35133885     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32939% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,148.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,638.68 (an overage of $509.32 or .32939%). XXXXX Points and Fees exceed allowable threshold by $509.08 or .32922%.             12/04/2025 No 2 B B B B B B B B B B   KY Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54441239 35133903     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 $886.00 exceeds tolerance of $766.00 plus 10% or $842.60.  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of $886.00 exceeds tolerance of $766.00 plus 10% or $842.60. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-02): XXXXX
  12/02/2025   No 1 A A A A A A A A A A   KY Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54441239 35133904     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 Flood Certification (Initial Fee).  Fee Amount of $8.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Flood Certification (Initial Fee). Fee Amount of $8.00 exceeds tolerance of $0.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-02): XXXXX
  12/02/2025   No 1 A A A A A A A A A A   KY Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54441239 35633277     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
    01/28/2026 No 2   B   B   B   B   B   KY Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57810356 35964245     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55085193 35731113     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.30710% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,244.34 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,349.33 (an overage of $1,895.01 or 1.30710%). XXXXX Points and Fees exceed allowable threshold by $1,895.01 or 1.30710%.             02/09/2026 No 2 B B B B B B B B B B   GA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55085193 35731116     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 (2026-02-12): XXXXX
    02/12/2026 No 2 B B B B B B B B B B   GA Primary 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.
Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52085162 35246951     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.         Reviewer Comment (2025-12-22): XXXXX
    12/22/2025 No 2 B B B B B B B B B B   IA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52085162 35246955     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-16): XXXXX
  12/16/2025   No 1 A A A A A A A A A A   IA Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52085162 35246956     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). RTC disclosed incorrect transaction and/or expiration date.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX
  01/13/2026   No 2 C B C B C B C B C B   IA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52085162 35262865     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    12/18/2025 No 2 B B B B B B B B B B   IA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56306368 35476295     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.61719% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,921.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,740.08 (an overage of $1,180.92 or .61719%). XXXXX Points and Fees exceed allowable threshold by $1,180.92 or .61719%.             01/16/2026 No 2 B B B B B B B B B B   MA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56306368 35476297     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 7.91710% or Final Disclosure APR of 7.92400% is equal to or greater than the threshold of APOR 6.29% + 1.5%, or 7.79000% Compliant Higher Priced Loan.         Reviewer Comment (2026-01-21): XXXXX
    01/21/2026 No 2 B B B B B B B B B B   MA Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56306368 35476428     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ The file was missing the two (2) months of business bank statements must be provided to validate borrower utilizes separate bank accounts for personal and business banking transactions. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly mortgage payment has decreased by at least 20%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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%.
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Reviewer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
    01/27/2026 Yes 2 C B C B C B C B C B   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56306368 35476505     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-21): XXXXX
01/27/2026     No 1 B A C A B A C A B A   MA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56306368 35476506     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-21): XXXXX
01/27/2026     No 1 C A C A C A C A C A   MA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53850273 35258787     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.64032% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,853.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,663.37 (an overage of $4,190.13 or 1.64032%). XXXXX Points and Fees exceed allowable threshold by $ $4,190.13 or 1.64032%.             12/19/2025 No 2 B B B B B B B B B B   OH Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53850273 35258793     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 $92.70 exceeds tolerance of $0.00.  $92.70 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee last disclosed as $00.00 on LE but disclosed as $92.70 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $92.70 , 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 (2025-12-23): XXXXX
12/23/2025     No 1 C A C A C A C A C A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53850273 35258794     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 $1,802.00 exceeds tolerance of $901.00.  $901.00 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer Tax last disclosed as $901.00 on LE but disclosed as $1802.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $901.00 , 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 (2025-12-23): XXXXX
12/23/2025     No 1 C A C A C A C A C A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53850273 35294931     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.         Reviewer Comment (2025-12-23): XXXXX
  12/23/2025   No 1   A   A   A   A   A   OH Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53850273 35294932     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $1,802.00 exceeds tolerance of $901.00.  Sufficient or excess cure was provided to the borrower.         Reviewer Comment (2025-12-23): XXXXX
  12/23/2025   No 1   A   A   A   A   A   OH Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58124639 35287360     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.88649% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,332.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,729.51 (an overage of $3,602.89 or 1.88649%). XXXXX Points and Fees exceed allowable threshold by $3,602.89 or 1.88649%.             12/24/2025 No 2 B B B B B B B B B B   WI Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58124639 35287363     Compliance Compliance Federal Compliance TRID Defect TRID Additional 3-Day Waiting Period Timing Test - Regular Transaction TILA-RESPA Integrated Disclosure - Most recent Closing Disclosure received at least 3 days prior to closing dated XX/XX/XX disclosed an inaccurate APR of 9.03900%  compared to the actual APR at consummation of 8.80107% and a revised CD disclosing an accurate APR was not received by borrower at least three (3) business days prior to consummation. APR became inaccurate from XX/XX/XX interim CD to APR on XX/XX/XX CD at closing.   Additional 3-day waiting period required after providing revised CD with accurate APR.  Note, while APR decreased from earlier CDs to closing, it is considered to have become inaccurate as a decreased or overstated APR is considered accurate under 1026.22(a)(4) if the overstated APR was based on a finance charge that is considered accurate under 1026.18 and 1026.23.  In the case of this loan, the overstated APR was based on a finance charge that is not overstated or considered accurate compared to actual finance charge at consummation, therefore, the overstated APR is considered to have become inaccurate requiring a new 3-day waiting period.  If consumer was provided with another interim CD  reflecting accurate APR and received 3 days prior to consummation, please provide copy for review.       Reviewer Comment (2025-12-29): XXXXX


Seller Comment (2025-12-26): XXXXX
12/29/2025     No 1 C A C A C A C A C A   WI Primary Refinance - Cash-out - Other TRID timing exception, no remediation available. Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58124639 35287365     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-22): XXXXX
  12/22/2025   No 1 A A A A A A A A A A   WI Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58124639 35287366     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 Verification Of Employment Fee.  Fee Amount of $66.45 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Verification Of Employment Fee. Fee Amount of $66.45 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-22): XXXXX
  12/22/2025   No 1 A A A A A A A A A A   WI Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57183670 35181354     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-17): XXXXX
12/17/2025     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57183670 35181705     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification revised appraisal was received by borrower three (3) business days prior to consummation was not provided.             12/11/2025 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59136135 35281282     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX 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 XX/XX/XX).  The disclosed Total of Payments in the amount of $1,077,106.23 is under disclosed by $200.00 compared to the calculated total of payments of $1,077,306.23 which exceeds the $100.00 threshold. Final Closing Disclosure provided on XX/XX/XX 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 XX/XX/XX). The disclosed Total of Payments in the amount of $1,077,106.23 is under disclosed by $200.00 compared to the calculated total of payments of $1,077,306.23 which exceeds the $100.00 threshold.       Reviewer Comment (2025-12-29): XXXXX
  12/29/2025   No 2 C B C B C B C B C B   NC 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54726145 36166995     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-04): XXXXX


Seller Comment (2026-04-01): XXXXX
04/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54726145 36167158     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54373405 34945284     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $22,400. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-20): XXXXX


Reviewer Comment (2025-11-21): XXXXX


Seller Comment (2025-11-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54373405 34945383     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.       Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/26/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54373405 34945384     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $13,156.00. Threshold maximum is $11,969.02. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.       Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/26/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54373405 34945385     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/26/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54373405 34945386     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.49585% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $13,156.00 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,186.98 or .49585%).  Non-Compliant High Cost Loan. XXXXX Points and Fees exceed allowable threshold by $1,186.98 or .49585%.       Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/26/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54373405 34945387     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.       Reviewer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
01/26/2026     No 1 C A C A C A C A C A   OK Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54373405 34945388     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.49585% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,156.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,181.41 (an overage of $5,974.59 or 2.49585%). XXXXX Points and Fees exceed allowable threshold by $5,974.59 or 2.49585%.             11/12/2025 No 2 B B B B B B B B B B   OK Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57273407 35245767     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   The file was missing a copy of the final Note.       Reviewer Comment (2026-01-02): XXXXX
01/02/2026     No 1 D A D A D A D A D A   WA Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57030446 35132896     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/04/2025 No 2 B B B B B B B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57030446 35132897     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/04/2025 No 2 B B B B B B B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57030446 35132898     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.12883% or Final Disclosure APR of 9.15700% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met.  Subject appraisal does not  reflect correct address for subject property.  Lender to provide updated appraisal reflecting correct address.       Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-18): XXXXX


Seller Comment (2025-12-18): XXXXX


Seller Comment (2025-12-12): XXXXX
01/29/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57030446 35132899     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Reviewer Comment (2025-12-30): XXXXX


Seller Comment (2025-12-29): XXXXX


Reviewer Comment (2025-12-15): XXXXX
01/29/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54426070 35346557     Property Property - Appraisal General Appraisal Requirements Property - Appraisal Appraisal was provided. The secondary valuation does not support the Appraisal within a 10% tolerance           Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-09): XXXXX
01/13/2026     No 1   A   A   A   A   A   WA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52016835 35252825     Compliance Compliance State Compliance State Defect XXXXX SB 1894 XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.       Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-02): XXXXX
01/21/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52016835 35252942     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-22): XXXXX
12/22/2025     No 1 D A D A D A D A D A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52016835 35253306     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ The file was missing the required business bank statements for the two most recent months. Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX
    01/09/2026 Yes 2 C B C B C B C B C B   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52016835 35253350     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non-QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-09): XXXXX
01/09/2026     No 1 B A C A B A C A B A   IL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52016835 35253351     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-09): XXXXX
01/09/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52016835 35291555     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2025-12-22): XXXXX
    12/22/2025 Yes 2   B   B   B   B   B   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53600889 35235514     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   File is missing a copy of 1007 Rent Comparison Schedule document.       Reviewer Comment (2025-12-30): XXXXX
12/30/2025     No 1 C A C A C A C A C A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53600889 35235521     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/12/2026     No 1 D A D A D A D A D A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53600889 35250424     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $10,000.00 is less than Cash From Borrower $106,233.25. Evidence to Access of Funds letter missing to verify that withdrawal of funds will not impact the business.       Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/22/2026     No 1 C A C A C A C A C A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53600889 35250426     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. Evidence to Access of funds missing.       Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/22/2026     No 1 C A C A C A C A C A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53600889 35250429     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided           Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/22/2026     No 1 C A C A C A C A C A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53600889 35250430     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided           Reviewer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-30): XXXXX
01/22/2026     No 1 C A C A C A C A C A   HI Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51127901 35914782     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55049832 35168177     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2025-12-11): XXXXX


Seller Comment (2025-12-10): XXXXX
12/11/2025     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53438812 35443787     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/14/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53438812 35443804     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/14/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58275551 35235761     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    12/17/2025 No 2 B B B B B B B B B B   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58275551 35235959     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $843,407.24 is under disclosed by $413.22 compared to the calculated Finance Charge of $843,820.46 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $843,407.24. Calculated finance charge is $843,820.46. Variance of $413.22. Based on review, The Date received for CD with Issue date XX/XX/XX are not in chronological order. Date Issued should be prior to Date Received and Date Received should be prior to Signed Date. Provide the following: Letter of Explanation, Proof of Delivery, Refund check for under disclosed amount, Corrected CD, and Re-open Rescission if Applicable.       Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35235960     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Principal and Interest TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan. Final Closing Disclosure provided on XX/XX/XX disclosed a Principal and Interest Payment that does not match the actual payment for the loan.       Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35235961     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Payment Min Payment Fixed Rate Initial Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. Final Closing Disclosure provided on XX/XX/XX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan       Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35235962     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX 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 XX/XX/XX).  The disclosed Total of Payments in the amount of $1,483,180.94 is under disclosed by $1,002.82 compared to the calculated total of payments of $1,484,183.76 which exceeds the $35.00 threshold. Loan Calculations: Final Closing Disclosure provided on XX/XX/XX 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 XX/XX/XX). The disclosed Total of Payments in the amount of $1,483,180.94 is under disclosed by $1,002.82 compared to the calculated total of payments of $1,484,183.76 which exceeds the $35.00 threshold       Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term 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 i(required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35236047     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 $6,785.01 exceeds tolerance of $6,780.75.  $4.26 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Origination Fee was last disclosed as $6,780.75 on LE but disclosed as $6,785.01 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $4.26, 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 (2026-02-02): XXXXX


Seller Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35236049     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 $3,504.50 exceeds tolerance of $3,465.00.  $39.50 over legal limit.  Insufficient or no cure was provided to the borrower. Transfer Tax Fee was last disclosed as $3,465.00 on LE but disclosed as $3,504.50 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $39.50, 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 (2026-02-02): XXXXX


Seller Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58275551 35705474     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 $3,504.50 exceeds tolerance of $3,502.30.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing       Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   No 1   A   A   A   A   A   FL Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57938669 35249137     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 $65.00 exceeds tolerance of $35.00.  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance was exceeded by $35.00 due to increase in Credit Report Fee. However, the File does contain the Cure in the amount of $135.00 which is sufficient.       Reviewer Comment (2025-12-16): XXXXX
  12/16/2025   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57938669 35249138     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 Copy/Rush Fee.  Fee Amount of $100.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance was exceeded by $100.00 due to increase in Appraisal Copy/Rush Fee. However, the File does contain the Cure in the amount of $135.00 which is sufficient.       Reviewer Comment (2025-12-16): XXXXX
  12/16/2025   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57902593 36285071     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57902593 36285369     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 the 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/17/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51916968 35300776     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - Subject is Purchase of Second home. Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.       Reviewer Comment (2026-01-09): XXXXX
01/09/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51916968 35304070     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.43221% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,221.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,564.49 (an overage of $2,656.51 or 1.43221%). XXXXX Points and Fees exceed allowable threshold by $2,656.51 or 1.43221%.             12/29/2025 No 2 B B B B B B B B B B   NC Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51916968 35304072     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 $128.00 exceeds tolerance of $120.00.  $8.00 over legal limit.  Insufficient or no cure was provided to the borrower. Credit Report Fee was disclosed as $120.00 on LE but disclosed as $128.00 in Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $8.00, 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 (2026-01-02): XXXXX


Seller Comment (2025-12-31): XXXXX
01/02/2026     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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51916968 35304074     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 Administration Fee.  Fee Amount of $30.00 exceeds tolerance of $0.00.  $30.00 over legal limit.  Insufficient or no cure was provided to the borrower. Administration Fee was last disclosed as $0.00 on LE but disclosed as $30.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-01-02): XXXXX


Seller Comment (2025-12-31): XXXXX
01/02/2026     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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51916968 35304598     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Evidence of Access to Funds document missing in file. 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 amount required based on the guidelines by at least 4 months.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX


Reviewer Comment (2026-01-02): XXXXX


Seller Comment (2025-12-31): XXXXX
    01/09/2026 Yes 2 C B C B C B C B C B   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51916968 35304599     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $51,411.23 is less than Cash From Borrower $56,532.84.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX


Reviewer Comment (2026-01-02): XXXXX
01/09/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51916968 35335429     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 $128.00 exceeds tolerance of $120.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-02): XXXXX
  01/02/2026   No 1   A   A   A   A   A   NC Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51916968 35335431     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 Administration Fee.  Fee Amount of $30.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-02): XXXXX
  01/02/2026   No 1   A   A   A   A   A   NC Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56590919 35605914     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower at least three 3 business days prior to closing.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/28/2026     No 1 C A C A C A C A C A   TX Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56590919 35605916     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 $2,296.80 exceeds tolerance of $510.00.  $1,786.80 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points was last disclosed as $510.00 on LE but disclosed as $2,296.80 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $1,786.80, 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 (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/28/2026     No 1 C A C A C A C A C A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59590268 35278173     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Reviewer Comment (2025-12-31): XXXXX
    12/31/2025 No 2 B B B B B B B B B B   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59590268 35278174     Compliance Compliance Federal Compliance Flood Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post XXXXX, the subject property is in a flood zone, flood insurance is not escrowed. Loan originated post XXXXX, the subject property is in a flood zone, flood insurance is not escrowed.       Reviewer Comment (2025-12-31): XXXXX
    12/31/2025 No 2 B B B B B B B B B B   CO Second Home Purchase Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59590268 35278175     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 $-380.00 exceeds tolerance of $-385.00. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $-380.00 exceeds tolerance of $-385.00. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-01-06): XXXXX
01/06/2026     No 1 C A C A C A C A C A   CO Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59590268 35278209     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   1003 Final is missing.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56153339 35890302     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52015685 35314229     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of ___ is greater than Guideline maximum loan amount of ___. Note loan amount of $XXXXX is greater than Guideline maximum loan amount of $XXXXX 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 amount required based on the guidelines by at least 4 months.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-09): XXXXX


Seller Comment (2026-01-07): XXXXX


Seller Comment (2026-01-05): XXXXX
    01/13/2026 Yes 2 C B C B C B C B C B   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56596177 35297203     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): 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.               12/23/2025 No 2 B B B B B B B B B B   CA Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58915187 35233795     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2025-12-15): XXXXX
  12/15/2025   No 1 A A A A A A A A A A   IL Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59005776 35244599     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/18/2025 No 2 B B B B B B B B B B   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244601     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2025-12-22): XXXXX
01/12/2026     No 1 B A C A B A C A B A   VA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59005776 35244602     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Commission Ability to Repay (Dodd-Frank XXXXX): Unable to verify current Commission employment status using reasonably reliable third-party records. Third Party verification was not provided for Borrower XXXXX for commission income.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244603     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Commission Ability to Repay (Dodd-Frank XXXXX):  Unable to verify Commission income due to, missing the most recent W2. Unable to verify Commission income due to, missing the most recent W2.       Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Reviewer Comment (2025-12-22): XXXXX
01/12/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244605     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     No 1 A A A A A A A A A A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244649     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $162,194.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2025-12-22): XXXXX


Reviewer Comment (2025-12-22): XXXXX


Seller Comment (2025-12-19): XXXXX
01/06/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244677     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Bonus/OT income used to qualify, with 1 year verification.  Based on guidelines, a full Written VOE must be obtained and must state that the bonus, overtime, and/or commission income is likely to continue. Only XXXXX W2 was provided.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Reviewer Comment (2025-12-22): XXXXX
01/12/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35244721     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35272325     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.       Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-22): XXXXX
01/12/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59005776 35451587     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Wages Ability to Repay (Dodd-Frank XXXXX):  Unable to verify income due to, missing  W-2, Paystub, LES, ETS or WVOE. The file was missing a copy of the recent Paystub or WVOE.       Reviewer Comment (2026-01-12): XXXXX
01/12/2026     No 1   A   A   A   A   A   VA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53718165 35853922     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50944646 35335939     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Statement is missing in the file for the property XXXXX.       Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-07): XXXXX
01/08/2026     No 1 C A C A C A C A C A   OH Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50944646 35335941     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Statement is missing in the file for the property XXXXX.       Reviewer Comment (2026-01-08): XXXXX


Seller Comment (2026-01-07): XXXXX
01/08/2026     No 1 C A C A C A C A C A   OH Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56442379 35279986     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 $120.00 exceeds tolerance of $0.00.  $120.00 over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis was disclosed as $0.00 on LE but disclosed as $120.00 in Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $120.00, 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 (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX


Reviewer Comment (2026-01-02): XXXXX
  01/05/2026   No 2 C B C B C B C B C B   VA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58628380 35261925     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-05): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX
03/05/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51564864 35341098     Credit Loan Package Documentation Application / Processing Loan Package Documentation Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy. - Subject is refinance of Primary home. Final 1003 declaration section 5a-A reflects the borrower does not intend to occupy the property as their primary residence.       Reviewer Comment (2026-01-14): XXXXX
01/14/2026     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51564864 35342547     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/07/2026 No 2 B B B B B B B B B B   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236939     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file is missing a copy of Account Statements from XXXXX through XXXXX for XXXXX.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236940     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file is missing a copy of Account Statements from XXXXX through XXXXX for XXXXX.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236942     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file is missing 2 months of Account Statements for XXXXX.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236944     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file is missing 2 months of Account Statements for XXXXX.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236947     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file was missing a copy of Business Account Statement.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236948     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ The file was missing a copy of Business Account Statement.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236963     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34472% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,607.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,823.44 (an overage of $784.06 or .34472%). XXXXX Points and Fees exceed allowable threshold by $784.06 or .34472%.             12/17/2025 No 2 B B B B B B B B B B   MI Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52299125 35236965     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-09): XXXXX
01/09/2026     No 1 B A C A B A C A B A   MI Primary Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52299125 35236966     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank XXXXX): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. Failing ATR due to missing business account statements for income.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35236967     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Bank Statement Guidelines Number of Bank Statements Requirement not met Ability to Repay (Dodd-Frank XXXXX): The number of bank statements provided for borrower's bank statement income was less than the number required by guidelines. Failing ATR due to missing business account statements for income.       Reviewer Comment (2026-01-08): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2025-12-31): XXXXX


Reviewer Comment (2025-12-26): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52299125 35237002     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56451433 36011288     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59256520 35236681     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00622% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,107.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $10,086.59 (an overage of $20.91 or .00622%). XXXXX Points and Fees exceed allowable threshold by $20.91 or .00622%.             12/17/2025 No 2 B B B B B B B B B B   FL Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59256520 35236690     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 $1,312.50 exceeds tolerance of $875.00.  $437.50 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was last disclosed as $875.00 on LE but disclosed as $1,312.50 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2025-12-22): XXXXX
12/22/2025     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 Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59256520 35236693     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Tax Verification.       Reviewer Comment (2025-12-22): XXXXX
12/22/2025     No 1 C A C A C A C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56139274 35318471     Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   File is missing Verification of Non-US Citizen document.       Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
01/07/2026     No 1 C A C A C A C A C A   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56139274 35318473     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   File is missing Evidence of Access to fund document. 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 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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
    01/30/2026 Yes 2 C B C B C B C B C B   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56139274 35318505     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/02/2026 No 2 B B B B B B B B B B   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56139274 35318506     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 6.92708% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $42,428.38 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $11,803.38 or 1.92708%). XXXXX Points and Fees on subject loan of 6.92708% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $42,428.38 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $11,803.38 or 1.92708%).             01/02/2026 No 2 B B B B B B B B B B   NY Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 56139274 35318550     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for Securitization purpose.       Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-09): XXXXX
01/09/2026     No 1 D A D A D A D A D A   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56139274 35318791     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 3.11 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Seller Comment (2026-01-06): XXXXX
01/30/2026     No 1 C A C A C A C A C A   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55586417 35192237     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 $120.00 exceeds tolerance of $0.00.  $120.00 over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis Fee was last disclosed as $0.00 on LE but disclosed as $120.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $120.00, 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 (2026-01-15): XXXXX


Seller Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-05): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX


Reviewer Comment (2025-12-19): XXXXX


Seller Comment (2025-12-18): XXXXX
  01/15/2026   No 2 C B C B C B C B C B   NH Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50422632 35252849     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38877% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,354.23 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $17,133.87 (an overage of $2,220.36 or .38877%). XXXXX Points and Fees exceed allowable threshold by $2,220.36 or .38877%.             12/19/2025 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55507638 35230086     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   XXXXX business returns are missing from loan file.       Reviewer Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX
01/14/2026     No 1 C A C A C A C A C A   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55507638 35230120     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-14): XXXXX
01/14/2026     No 1 B A C A B A C A B A   CO Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55507638 35230121     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-14): XXXXX
01/14/2026     No 1 C A C A C A C A C A   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55507638 35230124     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - XXXXX Business return is missing from loan file.       Reviewer Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX
01/14/2026     No 1 C A C A C A C A C A   CO Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50663150 35286960     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-31): XXXXX
12/31/2025     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50663150 35289028     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $26,420. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-01-06): XXXXX
01/06/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50663150 35289032     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-01-05): XXXXX
01/05/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50663150 35289048     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The file was missing a copy of the Note Addendum Prepayment.       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-06): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-05): XXXXX
03/10/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A Yes
[redacted] [redacted] [redacted] [redacted] 50663150 35289059     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.       Reviewer Comment (2025-12-31): XXXXX
    12/31/2025 No 2 B B B B B B B B B B   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50663150 35304387     Compliance Compliance State Compliance State Late Charge XXXXX Late Charge Percent and Amount Testing Unable to determine if late charge exceeds state maximum due to missing information.         Reviewer Comment (2025-12-31): XXXXX
    12/31/2025 No 2 B B B B B B B B B B   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59457358 35826803     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-04): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59457358 35827217     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-25): XXXXX
02/26/2026     No 1 D A D A D A D A D A   MO Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58578790 35324903     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 Verification Of Employment Fee.  Fee Amount of $68.95 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Verification Of Employment Fee was last disclosed as $0.00 on LE but disclosed as $68.95 on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-31): XXXXX
  12/31/2025   No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58578790 35341320     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 11.28 is less than Guideline PITIA months reserves of 12.00.       Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-08): XXXXX
01/09/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58578790 35341329     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Guidelines allow only 60% of 401K Accounts       Reviewer Comment (2026-01-09): XXXXX


Seller Comment (2026-01-08): XXXXX
01/09/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58578790 35341330     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Guidelines allow only 60% of 401K Accounts       Reviewer Comment (2026-01-09): XXXXX
01/09/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58578790 35347905     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank XXXXX): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5).         Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-14): XXXXX
    01/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50178914 35261179     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 HOA/Condo Questionnaire.  Fee Amount of $412.00 exceeds tolerance of $400.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-18): XXXXX
  12/18/2025   No 1 A A A A A A A A A A   NJ Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51894396 35364639     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-13): XXXXX
01/14/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51894396 35364640     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51894396 35364641     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). RTC disclosed incorrect transaction and/or expiration date.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-15): XXXXX
01/23/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54886256 35369167     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 $217.00 exceeds tolerance of $181.00 plus 10% or $199.10.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-08): XXXXX
  01/08/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59530576 35952905     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53119273 35243945     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-22): XXXXX
12/22/2025     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53119273 35245452     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   The file is missing a copy of Approval Document.       Reviewer Comment (2025-12-31): XXXXX
12/31/2025     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53119273 35245469     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX Mortgage statement is missing in file.       Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-30): XXXXX
12/31/2025     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 58359611 35355545     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.91423% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,180.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,569.31 (an overage of $2,611.45 or .91423%). XXXXX Points and Fees exceed allowable threshold by $2,611.45 or .91423%..             01/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58359611 35355547     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 $0.00 exceeds tolerance of $-1,964.00. Insufficient or no cure was provided to the borrower. Final Lender Credit was last disclosed as $1,964.00 on the Loan Estimate but Disclosed as $0 on Final Closing Disclosure. No Valid Change of circumstance, sufficient or excess cure was provided to the borrower at closing.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX
01/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58359611 35355548     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 $1,525.76 exceeds tolerance of $810.56.  $715.20 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Point was last disclosed $0 on the Loan Estimate but disclosed as $1,525.76 on Final Closing Disclosure. No Valid change of circumstance, sufficient or excess cure was provided to the borrower at closing.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX
01/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55738832 35310224     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 (2025-12-31): XXXXX
    12/31/2025 No 2 B B B B B B B B B B   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55738832 35310227     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow. Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether property taxes are included in escrow.       Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2026-01-02): XXXXX
  01/05/2026   No 2 C B C B C B C B C B   NY Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55738832 35310239     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 $125.00 exceeds tolerance of $45.00 plus 10% or $49.50.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $75.50 due to increase of recording fee. No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $75.50, 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 (2025-12-26): XXXXX
  12/26/2025   No 1 A A A A A A A A A A   NY Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53215477 35232367     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 10.42494% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $34,027.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $17,707.00 or 5.42494%). XXXXX Points and Fees exceed allowable threshold by $17,707.00 or 5.42494%.             12/16/2025 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM N/A Yes
[redacted] [redacted] [redacted] [redacted] 53215477 35248375     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   FL Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53215477 35248394     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. 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 qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
    01/09/2026 Yes 2 C B C B C B C B C B   FL Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53215477 35248423     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $48,381.96 is less than Cash from Borrower $105,382.94. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   FL Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 50330395 35289952     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   The file is missing a copy of flood certificate.       Reviewer Comment (2025-12-30): XXXXX
12/30/2025     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56742633 35746116     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-12): XXXXX
02/12/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 35746290     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   "The file is missing a copy of the secondary valuation required for securitization purposes.
"
      Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 35746788     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception approved or single entity owner/ Investor concentration. LLPA .25 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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX
    03/06/2026 Yes 2 C B C B C B C B C B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 35834311     Credit Credit Miscellaneous Guideline Credit Exception:   File appears to have been submitted with appraisal photos that are the same ones used for the borrower's other property being closed at XXXXX.  Lender to provided updated/corrected appraisal photos with clear differentiation between the subjects.       Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-03): XXXXX
03/06/2026     No 1   A   A   A   A   A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 35993907     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. 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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-06): XXXXX
    03/06/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 36031017     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. -   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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
    03/20/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56742633 36031018     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. -   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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
    03/20/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54948299 35747359     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-12): XXXXX
02/12/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54948299 35747817     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54948299 35993908     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines loan amounts < $2,000,000 require a secondary valuation product. Secondary valuation must be within -10% tolerance of appraised value. Acceptable products are: CDA or Enhanced Desk Review OR Field Review OR A 2nd full appraisal. Lender provided CU score as secondary valuation. 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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-06): XXXXX
    03/06/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54948299 36031012     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. -   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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
    03/20/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54948299 36031013     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. -   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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
    03/20/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54636732 35487106     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. Final Closing Disclosure XX/XX/XX on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2.       Reviewer Comment (2026-01-27): XXXXX
  01/27/2026   No 2 C B C B C B C B C B   CO Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56271234 35200036     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.19785% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,412.89 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,156.23 (an overage of $3,256.66 or 1.19785%). XXXXX Points and Fees exceed allowable threshold by $3,256.66 or 1.19785%.             12/15/2025 No 2 B B B B B B B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56271234 35200057     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 Survey Fee.  Fee Amount of $520.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Survey Fee was  last disclosed as $0.00 on LE but disclosed as $520.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-11): XXXXX
  12/11/2025   No 1 A A A A A A A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56271234 35200058     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 Title - Processing Fee.  Fee Amount of $15.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Title - Processing Fee was  last disclosed as $0.00 on LE but disclosed as $15.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2025-12-11): XXXXX
  12/11/2025   No 1 A A A A A A A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50084579 35253157     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
    01/09/2026 Yes 2 C B C B C B C B C B   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50084579 35253242     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $10,000.00are insufficient to meet cash to close of $302,367.72. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50084579 35253255     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50084579 35253321     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 B A C A B A C A B A   SC Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50084579 35253322     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Ability  to repay impacted due to missing letter from company's CPA providing a statement indicating withdrawal of the funds will
not negatively impact the business OR meet XXXXX guidance for cash flow analysis.
      Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   SC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57857186 35116049     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-08): XXXXX
12/08/2025     No 1 C A C A C A C A C A   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57857186 35116737     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $527,500.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57857186 35116741     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/03/2025 No 2 B B B B B B B B B B   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50343854 35321368     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50343854 35321370     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/02/2026 No 2 B B B B B B B B B B   ID Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58474002 35127767     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.14346% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $61,065.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $44,213.08 (an overage of $16,851.92 or 1.14346%). XXXXX Points and Fees exceed allowable threshold by $16,851.92 or 1.14346%.             12/04/2025 No 2 B B B B B B B B B B   NY Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58474002 35127825     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2025-12-01): XXXXX
  12/01/2025   No 1 A A A A A A A A A A   NY Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58474002 35127877     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 $660.00 exceeds tolerance of $272.00 plus 10% or $299.20.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $360.80 due to increase in fees. However, evidence of cure in file for $644.50       Reviewer Comment (2025-12-01): XXXXX
  12/01/2025   No 1 A A A A A A A A A A   NY Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54757708 35202512     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/15/2025 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54757708 35202515     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2025-12-17): XXXXX


Seller Comment (2025-12-16): XXXXX
12/17/2025     No 1 C A C A C A C A C A   FL Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54757708 35202516     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-21): XXXXX


Reviewer Comment (2025-12-19): XXXXX


Seller Comment (2025-12-16): XXXXX
  01/23/2026   No 2 C B C B C B C B C B   FL Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54757708 35687033     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-03): XXXXX
02/03/2026     No 1   A   A   A   A   A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51502234 35247072     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.14418% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $58,515.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,640.00 or .14418%). XXXXX Points and Fees exceed allowable threshold by $1,640.00 or .14418%.             12/18/2025 No 2 B B B B B B B B B B   HI Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 54200916 35314033     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-01-21): XXXXX
01/21/2026     No 1 C A C A C A C A C A   PA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56310719 36060349     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/17/2026 No 2 B B B B B B B B B B   SC Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56310719 36060353     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-13): XXXXX
  03/13/2026   No 1 A A A A A A A A A A   SC Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54227308 35233257     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/16/2025 No 2 B B B B B B B B B B   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35233258     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.73805% or Final Disclosure APR of 7.96200% is equal to or greater than the threshold of APOR 6.26% + 1.5%, or 7.76000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met. Subject appraisal does not  reflect correct address for subject property.  Lender to provide updated appraisal reflecting correct address.       Reviewer Comment (2025-12-31): XXXXX


Seller Comment (2025-12-29): XXXXX


Reviewer Comment (2025-12-24): XXXXX


Seller Comment (2025-12-23): XXXXX


Seller Comment (2025-12-18): XXXXX
12/31/2025     No 1 C A C A C A C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35233259     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2025-12-31): XXXXX


Reviewer Comment (2025-12-24): XXXXX


Seller Comment (2025-12-23): XXXXX


Reviewer Comment (2025-12-19): XXXXX


Seller Comment (2025-12-18): XXXXX
12/31/2025     No 1 C A C A C A C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35233262     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2025-12-19): XXXXX


Seller Comment (2025-12-18): XXXXX
12/19/2025     No 1 C A C A C A C A C A   NJ Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35233280     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX 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. Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower.  Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2025-12-18): XXXXX


Seller Comment (2025-12-18): XXXXX
12/18/2025     No 1 C A C A C A C A C A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35233301     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-22): XXXXX


Seller Comment (2025-12-19): XXXXX
12/22/2025     No 1 D A D A D A D A D A   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54227308 35327739     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-01-06): XXXXX


Reviewer Comment (2025-12-31): XXXXX
    01/06/2026 No 2   B   B   B   B   B   NJ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52520726 35478263     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399. No evidence of required counseling disclosure language per XXXXX HB 1399.       Reviewer Comment (2026-01-21): XXXXX
    01/21/2026 No 2 B B B B B B B B B B   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52520726 35478418     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $24,464.40 is less than Cash From Borrower $298,028.97.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-19): XXXXX
01/20/2026     No 1 C A C A C A C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52520726 35478856     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52520726 35478869     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 B A C A B A C A B A   MD Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52520726 35478870     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52520726 35509037     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   Lender used proceeds from sale of XXXXX for closing, however missing closing statement.       Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-19): XXXXX
01/20/2026     No 1 C A C A C A C A C A   MD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50237284 35695647     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-10): XXXXX
03/10/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50237284 35699299     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Loan is to be securitized. Appraisal is missing.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX
02/12/2026     No 1 D A D A D A D A D A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50237284 35699336     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Appraisal document was missing in the file.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX
02/12/2026     No 1 D A D A D A D A D A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50237284 35712087     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   1007 missing from file.       Reviewer Comment (2026-02-12): XXXXX


Seller Comment (2026-02-11): XXXXX
02/12/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58261363 35579358     Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy. - Subject is purchase of Investment home. Final and initial 1003 declaration section 5a-A reflects the borrower does intend to occupy the property as their primary residence.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   OH Investment Purchase   N/A Non QM No
[redacted] [redacted] [redacted] [redacted] 58261363 35604012     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).         Reviewer Comment (2026-01-28): XXXXX
    01/28/2026 No 2 B B B B B B B B B B   OH Investment Purchase   N/A Non QM No
[redacted] [redacted] [redacted] [redacted] 57527159 35316549     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 $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $123.60.       Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-05): XXXXX
01/06/2026     No 1 C A C A C A C A C A   MI Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57527159 35346841     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing       Reviewer Comment (2026-01-06): XXXXX
  01/06/2026   No 1   A   A   A   A   A   MI Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51813021 35341955     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.   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 (2026-01-30): XXXXX
01/30/2026     No 1 C A C A C A C A C A   DE Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51813021 35341970     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   DE Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51813021 35348168     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - This file was missing a copy of VVOE.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   DE Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51813021 35358578     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 B A C A B A C A B A   DE Second Home Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51813021 35358579     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank XXXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. Missing VVOE.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   DE Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51813021 35358580     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 A A A A A A A A A A   DE Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52945070 35260890     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 52945070 35260906     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Issue:  Ineligible borrower   Business Entity is not an eligible borrower for this loan type. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC
Reviewer Comment (2025-12-31): XXXXX


Reviewer Comment (2025-12-30): XXXXX


Seller Comment (2025-12-30): XXXXX


Reviewer Comment (2025-12-26): XXXXX


Seller Comment (2025-12-24): XXXXX
    12/31/2025 Yes 2 C B C B C B C B C B   MA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56335071 35445064     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/15/2026 No 2 B B B B B B B B B B   KY Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56335071 35445144     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.96 is less than Guideline PITIA months reserves of 6.00. 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.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-27): XXXXX
    01/30/2026 Yes 2 C B C B C B C B C B   KY Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56335071 35446285     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared. Due to insufficient assets for reserves.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-27): XXXXX
01/30/2026     No 1 B A C A B A C A B A   KY Second Home Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56335071 35446286     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     No 1 C A C A C A C A C A   KY Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54146608 35337086     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.22033% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,534.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,620.56 (an overage of $3,913.44 or 1.22033%). XXXXX Points and Fees exceed allowable threshold by $3,913.44 or 1.22033%.             01/06/2026 No 2 B B B B B B B B B B   GA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50201925 35258943     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/19/2025 No 2 B B B B B B B B B B   OR Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50201925 35258946     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Contact Information - Lender TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XX/XX/XX did not disclose the required  Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). The Contact Information section of the final CD did not disclose the Lender's Contact or Contact's NMLS ID.  Provide a post-close CD correcting the section and a copy of the letter of explanation to the borrower disclosing the changes made or an attestation from the lender stating that no individual contact was used on the transaction.       Reviewer Comment (2026-01-05): XXXXX


Reviewer Comment (2025-12-29): XXXXX
  01/05/2026   No 2 C B C B C B C B C B   OR Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58184802 35296999     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.       Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2025-12-29): XXXXX
01/05/2026     No 1 C A C A C A C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58184802 35297000     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2025-12-29): XXXXX
01/05/2026     No 1 C A C A C A C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58184802 35297001     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.93027% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,090.28 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,112.24 or .93027%).  Non-Compliant High Cost Loan. Points and Fees exceed allowable threshold by $1,112.24 or .93027%.       Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2025-12-29): XXXXX
01/05/2026     No 1 C A C A C A C A C A   TN Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58184802 35297002     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.       Reviewer Comment (2026-01-05): XXXXX


Seller Comment (2025-12-29): XXXXX
01/05/2026     No 1 C A C A C A C A C A   TN Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58184802 35297003     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.93027% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00 (XXXXX). Points and Fees total $7,090.28 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00 (XXXXX) (an overage of $3,045.28 or 5.93027%). XXXXX Points and Fees exceed allowable threshold by $3,045.28 or 5.93027%.             12/26/2025 No 2 B B B B B B B B B B   TN Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58184802 35309090     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-26): XXXXX
  12/26/2025   No 1 A A A A A A A A A A   TN Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55545802 35318202     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-07): XXXXX
01/07/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55545802 35318405     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.82336% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $27,311.58 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $3,861.58 or .82336%). XXXXX Points and Fees exceed allowable threshold by $3,861.58 or .82336%.             01/02/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 58190959 35319163     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/02/2026 No 2 B B B B B B B B B B   WI Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58190959 35339850     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Bank statement for account ending in XXXXX reflects a large unsourced deposit of $132,146.07 that was not included in available funds by review.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Seller Comment (2026-01-06): XXXXX
01/13/2026     No 1 C A C A C A C A C A   WI Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58190959 35339851     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank statement for account ending in XXXXX reflects a large unsourced deposit of $132,146.07 that was not included in available funds by review.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Seller Comment (2026-01-09): XXXXX
01/13/2026     No 1 C A C A C A C A C A   WI Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58190959 35339852     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-13): XXXXX
01/13/2026     No 1 B A C A B A C A B A   WI Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58190959 35339853     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-13): XXXXX
01/13/2026     No 1 C A C A C A C A C A   WI Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58190959 35473253     Credit Guideline Guideline Issue Guideline Funds From Business Account used, and borrower owns less than 100% of business.   Lender used business funds for EMD and reserves, however per guidelines borrower must be sole owner of the company in order to use business funds for downpayment or reserves. Per CPA letter in file borrower only owns 99% of the business. 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 amount required based on the guidelines by at least 4 months.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-13): XXXXX
    01/13/2026 Yes 2   B   B   B   B   B   WI Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50625968 35263894     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2025-12-24): XXXXX
12/24/2025     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50625968 35263955     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.35667% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $20,087.50 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,337.50 or .35667%). XXXXX Points and Fees on subject loan of 5.35667% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $20,087.50 on a Original Loan Amount of $XXXXX vs. an allowable total of $18,750.00 and $1000.00.             12/23/2025 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 50625968 35263985     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    12/23/2025 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50625968 35264062     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2025-12-30): XXXXX


Seller Comment (2025-12-29): XXXXX
12/30/2025     No 1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59229814 35290086     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Contact Information - Lender TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XX/XX/XX did not disclose the required  Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). Final Closing Disclosure provided on XX/XX/XX did not disclose the required Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID).       Reviewer Comment (2026-02-16): XXXXX


Seller Comment (2026-02-13): XXXXX
02/16/2026     No 1 C A C A C A C A C A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51484932 35310319     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Insurance Coverage Amount is insufficient.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-01-20): XXXXX
03/13/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51484932 35321576     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank account ending in XXXXX reflects a large unsourced deposit of $65931.46 that was not included by review in available assets.       Reviewer Comment (2026-01-22): XXXXX
01/22/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56865282 35339155     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-02-04): XXXXX
02/04/2026     No 1 D A D A D A D A D A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56865282 35339158     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Preliminary title document does not state the coverage amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/06/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56865282 35339189     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/06/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52928954 35363530     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/09/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52928954 35363563     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 $5,045.29 exceeds tolerance of $0.00.  $5,045.29 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was last disclosed as $0.00 on LE but disclosed as $5,045.29 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $5,045.29, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-01-28): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52928954 35363564     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 $205.00 exceeds tolerance of $0.00.  $205.00 over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis Fee was last disclosed as $0.00 on LE but disclosed as $205.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $205.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-10): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52928954 35367371     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Lender to provide blanket insurance policy.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58041977 35696055     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55942117 35363149     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-15): XXXXX
01/15/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55942117 35363929     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/12/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55942117 35363974     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification of appraisal was delivered to borrower was not provided.             01/12/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55942117 35364018     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Mortgage statement property located at XXXXX.       Reviewer Comment (2026-01-15): XXXXX


Seller Comment (2026-01-14): XXXXX
01/15/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59860717 35304099     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.98424% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,324.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,009.09 (an overage of $1,315.31 or .98424%). XXXXX Points and Fees exceed allowable threshold by $1,315.31 or .98424%.             12/29/2025 No 2 B B B B B B B B B B   AZ Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54427374 35478149     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 $200.00 exceeds tolerance of $160.00 plus 10% or $176.00.  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $160.00 plus 10% or $176.00. Sufficient cure was provided to the borrower at Closing.       Reviewer Comment (2026-01-14): XXXXX
  01/14/2026   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55760463 35341875     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34666% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $15,835.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $14,194.73 (an overage of $1,640.27 or .34666%). XXXXX Points and Fees exceed allowable threshold by $1,640.27 or .34666%.             01/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55760463 35341877     Compliance Compliance Federal Compliance TRID Defect TRID Post Close Closing Disclosure Timing Regular Transactions TILA-RESPA Integrated Disclosure - Three-Day Waiting Period Timing Violation.  Post Closing Disclosure reflects a change in APR, loan product, or addition of prepayment penalty which would have triggered an additional 3-day waiting period had it been correctly disclosed on the Final Closing Disclosure. Three-Day Waiting Period Timing Violation. Post Closing Disclosure reflects a change in APR, loan product, or addition of prepayment penalty which would have triggered an additional 3-day waiting period had it been correctly disclosed on the Final Closing Disclosure.       Reviewer Comment (2026-01-13): XXXXX


Seller Comment (2026-01-12): XXXXX
01/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55760463 35341878     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 $2,148.00 exceeds tolerance of $1,723.00 plus 10% or $1,895.30.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $2,148.00 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $252.70 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 (2026-01-05): XXXXX
  01/05/2026   No 1 A A A A A A A A A A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50321433 35623852     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53870822 35310525     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was received by borrower applicant three (3) business days prior to consummation was not provided.             12/30/2025 No 2 B B B B B B B B B B   TX Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53870822 35310527     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 $860.00 exceeds tolerance of $685.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $685.00 on LE but disclosed as $860.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.       Reviewer Comment (2025-12-26): XXXXX
  12/26/2025   No 1 A A A A A A A A A A   TX Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53870822 35310540     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file was missing a copy of the E-Sign Consent Agreement.       Reviewer Comment (2026-01-15): XXXXX
01/15/2026     No 1 C A C A C A C A C A   TX Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52581262 35362694     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-15): XXXXX
01/15/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59468767 35310208     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception approving Co-op Board's Assessment letter outlining Building Repairs and estimated repair costs for the nest 3 years; repairs not yet completed. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC
Reviewer Comment (2025-12-31): XXXXX


Reviewer Comment (2025-12-26): XXXXX
    12/31/2025 Yes 2 C B C B C B C B C B   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52821988 35469618     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 (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52821988 35469619     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 10 business days of the Note.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/12/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52821988 35469641     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-20): XXXXX
02/12/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52821988 35469642     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank XXXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. File is missing the Verification of employment document for the Borrowers wage income from XXXXX.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-29): XXXXX
02/12/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52821988 35469643     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-12): XXXXX
02/12/2026     No 1 A A A A A A A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52821988 35751694     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-12): XXXXX
02/12/2026     No 1   A   A   A   A   A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51460128 35319051     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/02/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51460128 35319052     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.             01/02/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51460128 35339304     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $51,171.49 is less than Cash From Borrower $500,119.80.       Reviewer Comment (2026-01-16): XXXXX
01/16/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56525130 35805285     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Seller Comment (2026-02-17): XXXXX
02/25/2026     No 1 D A D A D A D A D A   UT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56525130 35824750     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-23): XXXXX
02/23/2026     No 1 C A C A C A C A C A   UT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57065233 35747441     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-11): XXXXX
02/11/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53728401 35802020     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-18): XXXXX
02/18/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53728401 35803926     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Note Addendum - Prepayment document is missing in the file.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A Yes
[redacted] [redacted] [redacted] [redacted] 53728401 35822573     Credit Asset Asset Documentation Asset Missing Document: Asset Documentation not provided   Bank statements were provided to support the borrower's rental payment history for the primary residence.  File is missing the XXXXX bank statement to show rent was paid on time.       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-19): XXXXX
02/24/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53049964 35965852     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/06/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57190448 35235300     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             12/17/2025 No 2 B B B B B B B B B B   IL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57190448 35235354     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - File does not have Mortgage Statement document available in file.       Reviewer Comment (2026-01-05): XXXXX
01/05/2026     No 1 C A C A C A C A C A   IL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57634171 35605794     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   The file is missing a copy of Appraisal Document.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/30/2026     No 1 D A D A D A D A D A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57634171 35605800     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   The file is missing a copy of 1003 Initial - Lender's Document.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX
01/30/2026     No 1 B A B A B A B A B A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57634171 35606050     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/30/2026     No 1 D A D A D A D A D A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57634171 35606058     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.   The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after XX/XX/XX declared end date.       Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/30/2026     No 1 C A C A C A C A C A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57634171 35687497     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1   A   A   A   A   A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57634171 35700798     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/02/2026 No 2   B   B   B   B   B   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56142450 35595268     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX
02/27/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57341795 35995969     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57341795 35998804     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.       Reviewer Comment (2026-03-19): XXXXX
    03/19/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51572883 35337427     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 $2,000.00 exceeds tolerance of $0.00.  $2,000.00 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $2,000.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $2,000.00, 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 (2026-01-27): XXXXX
  01/27/2026   No 2 C B C B C B C B C B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50638039 35924722     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54563804 35788016     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54563804 35790815     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX
03/12/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54563804 35790819     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $4,070.05 is less than Cash From Borrower $14,219.27. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX
03/12/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54563804 35790824     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX
03/12/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51087747 35847961     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 Compliance Audit / Quality Control Fee.  Fee Amount of $20.00 exceeds tolerance of $0.00.  $20.00 over legal limit.  Insufficient or no cure was provided to the borrower. Scanning/Reporting/Audit Fee (captured by review as Compliance Audit / Quality Control Fee) was previously disclosed to the borrower on the Loan estimate as $0.00 but it increased on the closing disclosure as $20.00. No valid Change of Circumstance found in file and the cure provided at closing was not sufficient to cure all of the tolerance issues.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-25): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54234704 35389648     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99028% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $15,933.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,578.87 (an overage of $6,354.88 or 1.99028%). XXXXX Points and Fees exceed allowable threshold by $6,354.88 or 1.99028%.             01/13/2026 No 2 B B B B B B B B B B   MS Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50156983 35605377     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/26/2026 No 2 B B B B B B B B B B   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50156983 35605384     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-06): XXXXX
    02/06/2026 Yes 2 C B C B C B C B C B   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50156983 35605386     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.03 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50156983 35605390     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     No 1 B A C A B A C A B A   MI Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50156983 35605391     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     No 1 C A C A C A C A C A   MI Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56871199 35326196     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-09): XXXXX
01/09/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59181915 35488961     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX
03/02/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59181915 35489831     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/20/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58817630 35363271     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98818% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $37,400.18 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $22,493.28 (an overage of $14,906.90 or 1.98818%). XXXXX Points and Fees exceed allowable threshold by $14,906.90 or 1.98818%.             01/12/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58817630 35363328     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 $452.00 exceeds tolerance of $266.00 plus 10% or $292.60.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $159.40 due to increase of recording fee. File does not contain a valid COC for this fee, however evidence of cure in file in the amount of $159.40.       Reviewer Comment (2026-01-08): XXXXX
  01/08/2026   No 1 A A A A A A A A A A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58817630 35363625     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Require Cash From Borrower $2,159.27.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-19): XXXXX
01/27/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58817630 35363667     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable.   The file is missing a copy of mortgage being paid off for $500,000.00       Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-15): XXXXX
01/16/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58817630 35363761     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   The file is falling short on reserves as XXXXX is not provided. Hence Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Seller Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-19): XXXXX
01/27/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58817630 35363961     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-19): XXXXX
01/27/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58817630 35363962     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-19): XXXXX
01/27/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50620409 35608057     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50620409 35608332     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $77,203.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-02-25): XXXXX
03/18/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50856048 35605763     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX
03/23/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50856048 35606687     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/26/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50856048 35628962     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): 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. Evidence the revised appraisal was sent to the borrower was not in file.             01/26/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56750784 35356475     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/09/2026 No 2 B B B B B B B B B B   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56750784 35391477     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated investor qualifying total debt ratio of 45.63492% exceeds Guideline total debt ratio of 45.00000%. Lender approved loan with 45.63% DTI per DU. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-16): XXXXX
    01/20/2026 Yes 2 C B C B C B C B C B   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56750784 35391541     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.49765% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,709.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,897.22 (an overage of $812.38 or .49765%). XXXXX Points and Fees exceed allowable threshold by $812.38 or .49765%.             01/09/2026 No 2 B B B B B B B B B B   CT Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56750784 35391542     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 B A C A B A C A B A   CT Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56750784 35391543     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56750784 35391544     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 45.63492% moderately exceeds the guideline maximum of 45.00%. (DTI Exception is eligible to be regraded with compensating factors.) The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 45.63492% moderately exceeds the guideline maximum of 45.00%. 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 amount required based on the guidelines by at least 4 months.

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 or equal to 70%.

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

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
Reviewer Comment (2026-01-20): XXXXX
    01/20/2026 Yes 2 C B C B C B C B C B   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59582011 35362185     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/12/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59582011 35367969     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 $700.00 exceeds tolerance of $575.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-08): XXXXX
  01/08/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59582011 35367970     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 $257.58 exceeds tolerance of $225.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-08): XXXXX
  01/08/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50065122 35318897     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/02/2026 No 2 B B B B B B B B B B   WA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50065122 35318899     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-01-28): XXXXX
01/28/2026     No 1 C A C A C A C A C A   WA Primary Refinance - Rate/Term No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59330560 35853974     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59330560 35856815     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided           Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50148086 36152907     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50148086 36152910     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the OFAC.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53418881 35580052     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.44968% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,752.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $15,438.68 (an overage of $2,314.16 or .44968%). XXXXX Points and Fees exceed allowable threshold by $2,314.16 or .44968%.             01/22/2026 No 2 B B B B B B B B B B   NY Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52243024 35608048     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-04): XXXXX
03/20/2026     No 1 C A C A C A C A C A   NY Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52243024 35608193     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Lender to provide master policy.       Reviewer Comment (2026-02-04): XXXXX
02/04/2026     No 1 C A C A C A C A C A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53445272 35363741     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-13): XXXXX
01/14/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53445272 35363742     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing Test TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing. Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing.       Reviewer Comment (2026-01-14): XXXXX


Seller Comment (2026-01-13): XXXXX
    01/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53445272 35363743     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of letter of explanation sent to borrower, and proof of delivery. Note: This exception will not be cleared until expiration of new recission period.       Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-13): XXXXX
02/10/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53445272 35363744     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). RTC disclosed incorrect transaction and/or expiration date.       Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-24): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-13): XXXXX
  02/24/2026   No 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55117594 35478592     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/16/2026 No 2 B B B B B B B B B B   MD Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55117594 35478597     Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File XXXXX HB1399 - No evidence of required counseling disclosure language per XXXXX HB 1399.         Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-18): XXXXX
01/20/2026     No 1 B A B A B A B A B A   MD Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55117594 35478598     Compliance Compliance State Compliance Misc. State Level Maryland Mortgage Lending Regulations (Tangible Net Benefit Worksheet Not Provided) XXXXX Mortgage Lending Regulations: Net Tangible Benefit Worksheet not provided to borrower.         Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-18): XXXXX
01/20/2026     No 1 B A B A B A B A B A   MD Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55117594 35478833     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA letter is missing from file. Lender used 15% expense ratio for income calculation and no evidence in file to support expense ratio used. Also, missing verification of percentage of ownership in business.       Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-27): XXXXX


Seller Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Seller Comment (2026-01-21): XXXXX
02/02/2026     No 1 C A C A C A C A C A   MD Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55117594 35478842     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 B A C A B A C A B A   MD Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55117594 35478843     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   MD Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55117594 35504817     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 $112.00 exceeds tolerance of $76.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-16): XXXXX
  01/16/2026   No 1 A A A A A A A A A A   MD Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55117594 35504818     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 $150.50 exceeds tolerance of $119.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-16): XXXXX
  01/16/2026   No 1 A A A A A A A A A A   MD Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53368826 35968130     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54654012 35686071     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $47,375.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-02-05): XXXXX
02/05/2026     No 1 C A C A C A C A C A   NC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54654012 35686158     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 $899.00 exceeds tolerance of $768.00 plus 10% or $844.80.  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $899.00 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $54.20, 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 (2026-01-30): XXXXX
  01/30/2026   No 1 A A A A A A A A A A   NC Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54654012 35688766     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Regular APR Change TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation. Corrected Closing Disclosure issued on XX/XX/XX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation.       Reviewer Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-05): XXXXX
02/09/2026     No 1 C A C A C A C A C A   NC Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54654012 35708105     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-02-05): XXXXX
02/05/2026     No 1 D A D A D A D A D A   NC Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54657784 35389416     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.12071% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,014.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,378.86 (an overage of $1,635.82 or 1.12071%). XXXXX Points and Fees exceed allowable threshold by $1,635.82 or 1.12071%.             01/13/2026 No 2 B B B B B B B B B B   PA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54657784 35389419     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was disclosed as $0.00 on LE but disclosed as $123.60 in Final Closing Disclosure. Sufficient or Excess cure was provided to the borrower at closing.       Reviewer Comment (2026-01-09): XXXXX
  01/09/2026   No 1 A A A A A A A A A A   PA Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59460524 35924822     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51268728 35338300     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/07/2026 No 2 B B B B B B B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55393831 35840214     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55393831 35845346     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/20/2026 No 2 B B B B B B B B B B   VA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55393831 35845393     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.25 is less than Guideline PITIA months reserves of 6.00. Final 1008 reflects $142,060.06 verified, however asset statements provided does not reflect sufficient reserves. Final 1003 reflects XXXXX account, however no bank statements were provided for this account.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59211084 35470028     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-22): XXXXX
01/29/2026     No 1 B A C A B A C A B A   FL Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59211084 35470029     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank XXXXX): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. The file is missing a copy of reliable third-party Documents.       Reviewer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-26): XXXXX


Seller Comment (2026-01-22): XXXXX
01/29/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35470031     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-01-29): XXXXX
01/29/2026     No 1 A A A A A A A A A A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35470062     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $2,991.58 is less than Cash From Borrower $210,417.00. Available for Closing is insufficient to cover Cash From Borrower.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35470369     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 3.00.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35470423     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35477527     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/16/2026 No 2 B B B B B B B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35477590     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   Missing evidence of proceeds from sale of real estate property to meet asset requirements.       Reviewer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59211084 35490521     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-22): XXXXX
01/23/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35468294     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35477606     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Two months of business bank statements must be provided to validate borrower utilizes separate bank accounts for personal and business banking transactions.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-19): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35477611     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Two months of business bank statements must be provided to validate borrower utilizes separate bank accounts for personal and business banking transactions.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-16): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35477630     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
02/13/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57532368 35477631     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Missing 2-month Business Bank Statements for Co Borrower.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Seller Comment (2026-01-19): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35499218     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal delivery confirmation shows the revised appraisal was provided after the note date.             01/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57532368 35499219     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   EMD was not sourced and not included in available assets.       Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-04): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Seller Comment (2026-01-16): XXXXX
02/05/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35504503     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/21/2026 No 2 B B B B B B B B B B   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35504540     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 7.61 is less than Guideline Available for Reserves of 9.       Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Seller Comment (2026-01-28): XXXXX
02/13/2026     No 1 C A C A C A C A C A   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35504566     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-13): XXXXX
02/13/2026     No 1 B A C A B A C A B A   AZ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50801703 35504567     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient assets for reserves.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-13): XXXXX
02/13/2026     No 1 C A C A C A C A C A   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35673768     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2026-02-13): XXXXX
02/13/2026     No 1   A   A   A   A   A   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35687081     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-04): XXXXX
02/04/2026     No 1   A   A   A   A   A   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50801703 35711471     Credit Guideline Guideline Issue Guideline Funds From Business Account used, and borrower owns less than 100% of business.   Lender used business funds for cash to close and reserves, however per guidelines borrower must be sole owner of the company in order to use business funds for downpayment or reserves. Per CPA letter in file borrower only owns 99% of the business. Borrower has been employed in the same industry for more than 5 years.

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

SitusAMC
Reviewer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-08): XXXXX


Reviewer Comment (2026-02-03): XXXXX
    02/13/2026 Yes 2   B   B   B   B   B   AZ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59756378 35687756     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 10 business days of the Note. VVOE provided is dated XX/XX/XX.       Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-04): XXXXX
02/05/2026     No 1 C A C A C A C A C A   CO Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 59272494 35633625     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.41640% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,409.41 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,657.74 (an overage of $3,751.67 or 2.41640%). XXXXX Points and Fees exceed allowable threshold by $3,751.67 or 2.41640%             01/29/2026 No 2 B B B B B B B B B B   MI Second Home Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59272494 35633627     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $200.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Re-Inspection Fee was last disclosed as $0.00 on LE but disclosed as $200.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-01-27): XXXXX
  01/27/2026   No 1 A A A A A A A A A A   MI Second Home Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54847380 35614331     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54847380 35614454     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file was missing a copy of the Articles of organization.       Reviewer Comment (2026-02-02): XXXXX
02/02/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54847380 35614456     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The file was missing a copy of the Certificate of Good Standing.       Reviewer Comment (2026-02-03): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54847380 35614458     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The file was missing a copy of the Operating Agreement.       Reviewer Comment (2026-02-03): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54847380 35710655     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The file was missing a copy of Corporate resolution.       Reviewer Comment (2026-02-09): XXXXX
02/09/2026     No 1   A   A   A   A   A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57302407 35634199     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $45,474.62. Final 1008 reflects $52,806.17 verified, however, Bank statement is missing on the file.       Reviewer Comment (2026-02-18): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-09): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
02/18/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57302407 35634217     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $45,474.62. Final 1008 reflects $52,806.17 verified, however, Bank statement is missing on the file.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Seller Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX
03/17/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56034039 35803612     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $37,869.66 are insufficient to meet cash to close of $42,888.46.   Proceeds from liquidated stock, retirement accounts, certificates of deposit, pension or other savings plan were used to meet the cash to close requirement, however borrower's actual receipt of funds is missing.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Seller Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59921535 35811117     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Copy of Operating Agreement is missing. The representative FICO score exceeds the guideline minimum by at least 40 points.

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

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX
    02/27/2026 Yes 2 C B C B C B C B C B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56513129 35626699     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             01/28/2026 No 2 B B B B B B B B B B   SD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56513129 35626700     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.56299% or Final Disclosure APR of 8.59400% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%.  Non-Compliant Higher Priced Mortgage Loan. Waterfall exception due to ECOA Appraisal violation: APR on subject loan of 8.56299% or Final Disclosure APR of 8.59400% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-29): XXXXX
03/12/2026     No 1 C A C A C A C A C A   SD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56513129 35626701     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Seller Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-03): XXXXX


Seller Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-29): XXXXX
03/12/2026     No 1 C A C A C A C A C A   SD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56513129 35654833     Credit Guideline Guideline Issue Guideline More than 3 NSFs/Overdraft Transfers occurred in the most recent 12-month period.   Max NSFs are 3 within the most current 12 months or 6 in the last 24 months. Borrower had 8 NSF in XXXXX. Lender exception provided in file. 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.

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

SitusAMC

SitusAMC
Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Seller Comment (2026-01-29): XXXXX
    02/03/2026 Yes 2 C B C B C B C B C B   SD Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50335061 35605600     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. No CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.       Reviewer Comment (2026-01-28): XXXXX


Seller Comment (2026-01-27): XXXXX
01/28/2026     No 1 C A C A C A C A C A   IL Primary Refinance - Cash-out - Other No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55782465 35708703     Compliance Compliance State Compliance State HPML XXXXX HPML Threshold Test Compliant XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 9.91391% or Final Disclosure APR of 9.91400% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000% Compliant Higher Priced Loan. APR on subject loan of 9.91391% or Final Disclosure APR of 9.91400% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000% Compliant Higher Priced Loan.       Reviewer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-09): XXXXX


Seller Comment (2026-02-06): XXXXX
    02/12/2026 No 2 B B B B B B B B B B   MA Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53078645 36253517     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55432636 35827163     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53032380 35444438     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 $318.80 exceeds tolerance of $299.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-12): XXXXX
  01/12/2026   No 1 A A A A A A A A A A   AZ Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58768359 35643867     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-04): XXXXX
02/04/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58768359 35646230     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - The file was missing a copy of the 442.       Reviewer Comment (2026-02-11): XXXXX


Seller Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-06): XXXXX


Seller Comment (2026-02-05): XXXXX
02/11/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51030921 35389938     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-01-20): XXXXX
01/20/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 51030921 35390367     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-01-16): XXXXX


Seller Comment (2026-01-15): XXXXX
01/16/2026     No 1 D A D A D A D A D A   AZ Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 51030921 35391574     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided             01/13/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 51041240 35954191     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52349673 35942389     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51863376 35869139     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52496706 36143176     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/27/2026 No 2 B B B B B B B B B B   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52496706 36143178     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52496706 36143183     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52496706 36143191     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $118,477.06.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58008504 35995961     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58008504 35997784     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-12): XXXXX
03/12/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52088674 35996144     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52088674 35996643     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document is missing       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57207325 35987520     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/10/2026 No 2 B B B B B B B B B B   OH Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57207325 35987521     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00942% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $21,817.42 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $21,749.09 (an overage of $68.33 or .00942%). XXXXX Points and Fees exceed allowable threshold by $68.33 or .00942%.             03/10/2026 No 2 B B B B B B B B B B   OH Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56781460 35995963     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56781460 35996023     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-12): XXXXX
03/12/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53411458 35952684     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56134717 35673754     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-05): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58646723 35802815     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/16/2026 No 2 B B B B B B B B B B   ME Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59709627 35768544     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 Flood Certification (Life Of Loan).  Fee Amount of $7.50 exceeds tolerance of $7.00.  Sufficient or excess cure was provided to the borrower at Closing. Flood Certification (Life Of Loan) Fee was last disclosed as $7.00 on LE but disclosed as $7.50 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-10): XXXXX
  02/10/2026   No 1 A A A A A A A A A A   OR Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58009067 35699715     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 6.43238% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $27,016.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $6,016.00 or 1.43238%). XXXXX Points and Fees exceed allowable threshold by $2,320.00 or .55238%.             02/04/2026 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 54723680 35846890     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51677870 35696297     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57907635 35951517     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52757627 35626466     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 8.34353% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $33,634.44 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $13,478.44 or 3.34353%). XXXXX Points and Fees on subject loan of 8.34353% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $33,634.44 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $13,478.44 or 3.34353%).             01/28/2026 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM N/A Yes
[redacted] [redacted] [redacted] [redacted] 52757627 35626470     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - File is missing Tax return 1040 for year XXXXX.       Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-30): XXXXX
02/04/2026     No 1 C A C A C A C A C A   FL Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 56863747 35699382     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/04/2026 No 2 B B B B B B B B B B   TX Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56863747 35699383     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             02/04/2026 No 2 B B B B B B B B B B   TX Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 58906524 35699583     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.88847% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,003.26 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $8,489.15 (an overage of $2,514.11 or .88847%). XXXXX Points and Fees exceed allowable threshold by $2,514.11 or .88847%.             02/04/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52720263 35998827     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52720263 36001364     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of 525.00.  Final 1008 reflects $44,089.81 verified, however asset IRA is 60% usability excluded from closing per guidelines.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56385319 35836249     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-25): XXXXX
04/02/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55202215 36033190     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823410     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Insurance Verification document property located at XXXXX.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823420     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Insurance and Tax Verification document property located at XXXXX.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823422     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Insurance and Tax Verification document property located at XXXXX.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
03/03/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823424     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file was missing a copy of the Lease Agreement and Tax Verification document property located at XXXXX.       Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/26/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823472     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $531,324.73 are insufficient to meet cash to close of $825,386.55. Final 1008 reflects $1,440093.03 verified.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
04/01/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823478     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Third party business verification is missing for XXXXX and XXXXX.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
04/06/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823526     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Per guidelines under P&L program compare the two most recent months bank statements with the third party prepared 12-month P&L. Gross deposits on the 2 months bank statements must support gross revenue on the P&L. Missing the two most recent months bank statements.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
03/17/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823527     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Per guidelines under P&L program compare the two most recent months bank statements with the third party prepared 12-month P&L. Gross deposits on the 2 months bank statements must support gross revenue on the P&L. Missing the two most recent months bank statements.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823528     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Per guidelines under P&L program compare the two most recent months bank statements with the third party prepared 12-month P&L. Gross deposits on the 2 months bank statements must support gross revenue on the P&L. Missing the two most recent months bank statements.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823529     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Per guidelines under P&L program compare the two most recent months bank statements with the third party prepared 12-month P&L. Gross deposits on the 2 months bank statements must support gross revenue on the P&L. Missing the two most recent months bank statements.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823533     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines under P&L program compare the two most recent months bank statements with the third party prepared 12-month P&L. Gross deposits on the 2 months bank statements must support gross revenue on the P&L. Missing the two most recent months bank statements.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-16): XXXXX
03/30/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 35823541     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 6.05689% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $136,280.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $23,780.00 or 1.05689%). Points and Fees exceed allowable threshold by $23,780.00 or 1.05689%.             02/18/2026 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 59919514 35824448     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 56.90276% exceeds Guideline total debt ratio of 50.00000%. Difference is due to Lender qualifying rental income for XXXXX without Lease Agreement or tax returns.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-25): XXXXX
03/16/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59919514 36074949     Credit Credit Miscellaneous Guideline Credit Exception:   Third party verification missing for XXXXX and XXXXX       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/08/2026     No 1   A   A   A   A   A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53822089 35988787     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   The file was missing a copy of the Flood Certificate.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54958508 35948396     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   1003 Final is missing       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58777008 36054602     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53759003 35933553     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34536% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $18,766.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $16,829.13 (an overage of $1,937.35 or .34536%). XXXXX Points and Fees exceed allowable threshold by $1,937.35 or .34536%.             03/03/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59717096 35932291     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56120474 35964420     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56120474 35985677     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Guides require 3rd party verification STR are legally permissible (city, county etc) and licensed.  Documentation is missing.       Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX
03/12/2026     No 1 C A C A C A C A D A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56120474 35985683     Credit Missing Document General Missing Document Missing Document: Vacation Rental Website Listing not provided     Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC
Reviewer Comment (2026-04-02): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX
    04/02/2026 Yes 2 C B C B C B C B C B   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58608939 35624618     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Seller Comment (2026-01-29): XXXXX
02/03/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 58608939 35625093     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    01/28/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55828676 35647343     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $37,479.98 is less than Cash From Borrower $592,261.02.       Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX
02/19/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35647955     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35647974     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             01/30/2026 No 2 B B B B B B B B B B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35647975     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.00809% or Final Disclosure APR of 8.03400% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met.  Subject appraisal does not  reflect correct address for subject property.  Lender to provide updated appraisal reflecting correct address.       Reviewer Comment (2026-02-13): XXXXX
02/13/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35647976     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-02-13): XXXXX


Seller Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-05): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Seller Comment (2026-02-03): XXXXX
02/13/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35647977     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 B A C A B A C A B A   GA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55828676 35647978     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55828676 35816345     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-18): XXXXX
    02/18/2026 No 2   B   B   B   B   B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57878003 35728020     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX


Buyer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-11): XXXXX
04/06/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56773394 35862012     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   1003 indicates the borrower currently rents.  Guides state if the Borrower previously paid rent for their residence, then the Borrower's rental housing payment history
is required. Payments must be documented via an institutional Verification of Rent (VOR)/ credit supplement, or cancelled checks/bank records. A VOR from an individual or a private party landlord does not meet the requirement of verifying the Borrower's prior housing payment history.
      Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50764593 36143057     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50764593 36143590     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 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 report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/27/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54284531 35768451     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.72160% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $18,055.99 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $14,555.02 (an overage of $3,500.97 or .72160%). XXXXX Points and Fees exceed allowable threshold by $3,500.97 or .72160%.             02/12/2026 No 2 B B B B B B B B B B   AZ Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54284531 35768453     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $485,769.38 is over disclosed by $406.76 compared to the calculated Amount Financed of $485,362.62 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 XX/XX/XX). Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $485,769.38 is over disclosed by $406.76 compared to the calculated Amount Financed of $485,362.62 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 XX/XX/XX)       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-22): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-18): XXXXX
  03/24/2026   No 2 C B C B C B C B C B   AZ Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54284531 35768454     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $1,122,759.78 is under disclosed by $406.76 compared to the calculated Finance Charge of $1,123,166.54 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $1,122,759.78 is under disclosed by $406.76 compared to the calculated Finance Charge of $1,123,166.54 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). (Final/XX/XX/XX)       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-22): XXXXX


Reviewer Comment (2026-03-19): XXXXX
  03/24/2026   No 2 C B C B C B C B C B   AZ Primary 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54284531 35768456     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 $75.00 exceeds tolerance of $60.00 plus 10% or $66.00.  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total amount of $75.00 exceeds tolerance of $60.00 plus 10% or $66.00. Sufficient cure was provided to the borrower at Closing       Reviewer Comment (2026-02-10): XXXXX
  02/10/2026   No 1 A A A A A A A A A A   AZ Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54284531 35769295     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 3.75 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-22): XXXXX


Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX
03/24/2026     No 1 C A C A C A C A C A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54284531 35769314     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-22): XXXXX
03/24/2026     No 1 B A C A B A C A B A   AZ Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54284531 35769315     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-22): XXXXX
03/24/2026     No 1 C A C A C A C A C A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55998701 35854606     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54622961 35836164     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55455734 36011432     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55497639 35889882     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53296651 36253512     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56438859 35765412     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56438859 35766249     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/12/2026 No 2 B B B B B B B B B B   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56438859 35766289     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   The file was missing a copy of the note addendum prepayment document.       Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX
02/19/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A Yes
[redacted] [redacted] [redacted] [redacted] 56438859 35797181     Credit Missing Document General Missing Document Missing Document: Vacation Rental Income Statement (XXXXX, XXXXX, etc.) not provided   Subject is a short-term rental, per guides DSCR would be calculated based on average actual rental income calculated over 12 months. No market
rents are used in calculations. Income statement is required.
      Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/12/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56438859 35797190     Credit Missing Document General Missing Document Missing Document: Vacation Rental Website Listing not provided           Reviewer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Seller Comment (2026-03-02): XXXXX


Reviewer Comment (2026-03-02): XXXXX
03/16/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56438859 35797191     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   3rd party verification STR are legally permissible (city, county etc) and licensed where applicable is missing.       Reviewer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/16/2026     No 1 C A C A C A C A D A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54193530 35585884     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing in file.       Reviewer Comment (2025-12-16): XXXXX


Buyer Comment (2025-12-15): XXXXX
12/16/2025     No 1 C A C A C A C A C A   IN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54193530 35585885     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA letter not stating that withdrawal of the funds will not negatively impact the business required updated CPA letter.       Reviewer Comment (2025-12-17): XXXXX


Buyer Comment (2025-12-16): XXXXX
12/17/2025     No 1 C A C A C A C A C A   IN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58980631 35586456     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $165.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2025-12-10): XXXXX
  12/10/2025   No 1 A A A A A A A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59655441 35926335     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56945137 35998421     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35853923     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854033     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application The initial loan application was missing from the loan file. The initial loan application was missing from the loan file.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854034     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Testing No evidence of application date located in file.  Compliance tests were run using an application date of XX/XX/XX which is 1 months prior to consummation.  A lookback was performed to determine this application date using the following dates: XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX.  Lookback testing performed up to one of the following: TRID start date, TIL/MDIA XXXXX start date, RESPA XXXXX start date,  TIL/MDIA XXXXX start date, LOS Application Date, Broker Application Date, or six months prior to consummation. The initial loan application was missing from the loan file.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854037     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Appraisal is missing from file.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854052     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.   The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the property must be re-inspected on or after XX/XX/XX declared end Date.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854055     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit Report is missing in the file.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854057     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC document is missing in the file.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854063     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Appraisal is missing from file.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854066     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854067     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.   The file was missing a copy of the final title policy.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-02-27): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35854069     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   Title Preliminary document is missing in the file.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35856371     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Right To Receive Appraisal Disclosure Timing XXXXX ECOA Test: Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.             02/24/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35945969     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The file was missing a copy of the Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application.             03/02/2026 No 2   B   B   B   B   B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35970464     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX
03/05/2026     No 1   A   A   A   A   A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59465776 35970468     Credit Missing Document General Missing Document Missing Document: Lease Agreement - Real Estate Owned (REO) not provided   Exception opened per client request.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX
04/17/2026     No 1   A   A   A   A   A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56866882 35804414     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 2.03 is less than Guideline PITIA months reserves of 6.00. Due to inadequately documented business funds.       Reviewer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-19): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CO Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56866882 35804434     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Funds from a business account (if the Borrower is the sole owner or other owner is non-borrowing spouse) of the company may be used for down payment and reserves if the company's CPA provides a statement indicating withdrawal of the funds will not negatively impact the business OR a cash flow analysis that meets XXXXX guidance.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CO Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56866882 35804506     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 B A C A B A C A B A   CO Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56866882 35804507     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the asset guideline components, the loan is at ATR risk.       Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CO Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56866882 35804921     Credit Loan Package Documentation Closing / Title Loan Package Documentation Security Instrument Error: Security instrument maturity date and note maturity date do not concur.   Security Instrument Maturity Date and Note Maturity Date do not concur.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX
03/04/2026     No 1 C A C A C A C A C A   CO Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52578797 35915053     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52796991 35769367     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $419,815.00 is over disclosed by $135.00 compared to the calculated Amount Financed of $419,680.00 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 XX/XX/XX). APR on subject loan of 8.25326% or Final Disclosure APR of 8.25000% is equal to or greater than the threshold of APOR 6.06% + 1.5%, or 7.56000%. Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-27): XXXXX
  02/27/2026   No 2 C B C B C B C B C B   AR Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52796991 35769368     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $716,099.95 is under disclosed by $135.00 compared to the calculated Finance Charge of $716,234.95 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $716,099.95 is under disclosed by $135.00 compared to the calculated Finance Charge of $716,234.95 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). (Final/XX/XX/XX)       Reviewer Comment (2026-02-27): XXXXX
  02/27/2026   No 2 C B C B C B C B C B   AR Primary 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52796991 35769370     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 $675.00 exceeds tolerance of $525.00.  $150.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Fee was last disclosed as $525.00 on LE but disclosed as $675.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $$150.00 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 (2026-02-27): XXXXX


Reviewer Comment (2026-02-20): XXXXX
02/27/2026     No 1 C A C A C A C A C A   AR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52618578 35925625     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58357048 35934758     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58357048 35936154     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54612695 36284339     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50603569 35854653     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54125092 36011804     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50813742 35786497     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50813742 35786564     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/12/2026 No 2 B B B B B B B B B B   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57336948 35827663     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/19/2026 No 2 B B B B B B B B B B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57336948 35827664     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.55496% or Final Disclosure APR of 9.63200% is equal to or greater than the threshold of APOR 6.14% + 2.5%, or 8.64000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 9.55496% or Final Disclosure APR of 9.63200% is equal to or greater than the threshold of APOR 6.14% + 2.5%, or 8.64000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57336948 35827665     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-02): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX
03/02/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57336948 35827666     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrow Costs Year 1 Underdisclosed - XXXXX TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over Year 1 of  on Final Closing Disclosure provided on XX/XX/XX are underdisclosed. Loan Disclosures: Non Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on XX/XX/XX are under disclosed.       Reviewer Comment (2026-03-06): XXXXX
  03/06/2026   No 2 C B C B C B C B C B   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57336948 35827668     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 $750.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was  last disclosed as $650.00 on LE but disclosed as $750.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-17): XXXXX
  02/17/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59792160 35747715     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided             02/10/2026 No 2 B B B B B B B B B B   NC Investment Purchase   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 58968351 35866556     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58968351 35866837     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/25/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58968351 35871787     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/25/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58219647 35915817     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52286071 36055642     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57316699 35827040     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57316699 35829368     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/19/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51433855 36071041     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58324151 36071040     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58324151 36071140     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation document is missing in the file. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-19): XXXXX
    03/27/2026 Yes 2 C B C B C B C B C B   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58324151 36071141     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Corporate Resolution document is missing in the file. Borrower has owned the subject property for at least 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
    03/27/2026 Yes 2 C B C B C B C B C B   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58324151 36071142     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement document is missing in the file.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58324151 36071916     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): 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.               03/18/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56610269 35824385     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Borrower is using a stock account to cover cash to close, guidelines require proof of liquidation and receipt for use of these funds.  File is missing the required documentation.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-24): XXXXX


Seller Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
03/30/2026     No 1 C A C A C A C A C A   NJ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53096055 35766934     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53096055 35767420     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/12/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53096055 35767793     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $7,000.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Seller Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-18): XXXXX
02/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56136574 35973628     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   File is missing the H-O6 Policy       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-12): XXXXX
04/01/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51748049 35864759     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50295797 35952298     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50295797 35952615     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/05/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53833445 35951866     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53833445 35952072     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 Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/05/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53833445 35952083     Compliance Compliance State Compliance Misc. State Level Minnesota Residential Mortgage Originator and Servicer Licensing Act - Financed Points and Fees Exceeds 5% Threshold XXXXX Residential Originator and Servicer Licensing Act: Financed Fees on subject loan in excess of 5% of Total Loan Amount. XXXXX Residential Originator and Servicer Licensing Act: Financed Fees on subject loan in excess of 5% of Total Loan Amount.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-06): XXXXX
    03/11/2026 No 2 B B B B B B B B B B   MN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51074908 36233525     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55500547 35924730     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56148759 35952352     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56148759 35952527     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 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/05/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59043796 35802024     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53506219 36259944     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52838231 35857887     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower.       Reviewer Comment (2026-02-20): XXXXX
  02/20/2026   No 1 A A A A A A A A A A   MI Primary Refinance - Cash-out - Other Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55347771 35945390     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2026-03-10): XXXXX
03/10/2026     No 1 D A D A D A D A D A   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55347771 35945441     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Copy of Rate Lock is missing.       Reviewer Comment (2026-03-26): XXXXX


Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-10): XXXXX
03/26/2026     No 1 C A C A C A C A C A   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55347771 35945464     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/04/2026 No 2 B B B B B B B B B B   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51871373 35868447     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-23): XXXXX
  02/23/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51871373 35868448     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 $132.00 exceeds tolerance of $125.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-23): XXXXX
  02/23/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54283664 35995409     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50987976 35973209     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   DE Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53993317 35835940     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50197566 35964204     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59511637 35805429     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 Copy/Rush Fee.  Fee Amount of $100.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Copy/Rush Fee.  Fee Amount of $100.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-02-12): XXXXX
  02/12/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57304494 35848158     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.28093% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,950.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,098.03 (an overage of $851.97 or .28093%). XXXXX Points and Fees exceed allowable threshold by $851.97 or .28093%.             02/23/2026 No 2 B B B B B B B B B B   TN Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52555821 35848250     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52555821 35848441     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/23/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52555821 35851959     Compliance TRID Document Error TRID Closing Disclosure: Dates are not in chronological order. - Issue Date: ___; Received Date: ___; Signed Date: ___ Final Closing Disclosure was signed XX/XX/XX, but issued XX/XX/XX.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
    02/25/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50662519 35926578     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57339196 36081595     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal / Valuation Report Date: XX/XX/XX: Appraisal was made subject to and 442 is not in images.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57339196 36081707     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/19/2026 No 2 B B B B B B B B B B   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57374893 35954074     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   N/A Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 57374893 35954162     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/10/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   N/A Exempt from ATR No
[redacted] [redacted] [redacted] [redacted] 59372644 36220105     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 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  report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/07/2026 No 2 B B B B B B B B B B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52377538 35915819     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59415631 36117854     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/25/2026 No 2 B B B B B B B B B B   WA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59415631 36117866     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/25/2026 No 2 B B B B B B B B B B   WA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57751438 35865390     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57751438 35866031     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock rate date is blank. Rate Lock document is missing from the file.       Reviewer Comment (2026-02-26): XXXXX


Seller Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59183193 35701454     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-06): XXXXX
02/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 59183193 35702040     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The doucment containing the info regarding Inital Rate lock is missing in the file.       Reviewer Comment (2026-02-05): XXXXX


Seller Comment (2026-02-05): XXXXX
02/05/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 54094526 35891773     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/26/2026 No 2 B B B B B B B B B B   VA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53680025 36118952     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 Survey Fee.  Fee Amount of $649.50 exceeds tolerance of $0.00.  $649.50 over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $649.50 exceeds tolerance of $0.00.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include $649.50, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-08): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53680025 36118976     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 B A C A B A C A B A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53680025 36118977     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 61.40127% significantly exceeds the guideline maximum of 55.00%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) DTI % Exceeds the guideline maximum as there is a REO property present in the 1003 with status Pending Sale, However there is no supporting document i.e. CD or HUD-1 / Closing statement present in the file.       Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53680025 36118979     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 $-7,375.00 exceeds tolerance of $-9,500.00. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Lender Credits. Fee Amount of -$7,375.00 exceeds tolerance of -$9,500.00.  No valid COC provided, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include -$2125.00, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-08): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53680025 36118993     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance document for Property "XXXXX" is missing in the file       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-27): XXXXX
03/27/2026     No 1 C A C A C A C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53680025 36119004     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 61.40127% exceeds Guideline total debt ratio of 55.00000%. as there is a REO property present in the 1003 with status Pending Sale, However there is no supporting document i.e. CD or HUD-1 / Closing statement present in the file.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     No 1 C A C A C A C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53680025 36119020     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     No 1 C A C A C A C A C A   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51142245 35915122     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51689729 36174576     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51689729 36208117     Credit Credit Miscellaneous Guideline Credit Exception:   Provide verification of which street address is associated with each unit. The appraisal shows both units with a street number of XXXXX, but the lease in file shows a street number of XXXXX. There are also XXXXX listings for XXXXX and XXXXX. It is unclear, which of these units is being used for STR.       Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-08): XXXXX
04/14/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51689729 36208138     Credit Credit Miscellaneous Guideline Credit Exception:   XXXXX statement does not show a property address or unit number so the STR income can not be tied to a specific property. Provide evidence of STR income that shows the specific address that generated the income.       Reviewer Comment (2026-04-14): XXXXX
04/14/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55773657 35964055     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55773657 35985573     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing HUD/CD. HUD provided in file reflects for settlement agent only and does not reflect the mortgage payoff.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-12): XXXXX
03/16/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52391399 35842248     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file is missing a copy of 2-month Business statements to validate borrower utilizes separate bank accounts for personal and business banking transactions.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-03): XXXXX
03/11/2026     No 1 C A C A C A C A C A   KS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52391399 35842328     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 B A C A B A C A B A   KS Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52391399 35842329     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   KS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59812916 35854282     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51517974 35973273     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51986991 35918428     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51986991 35920395     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.17923% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $47,390.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,640.00 or .17923%). Points and Fees exceed allowable threshold by $1,640.00 or .17923%.             02/27/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 51986991 35920646     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax, insurance, and HOA verification is missing for the property at XXXXX.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-04): XXXXX
03/10/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51170497 35916394     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51170497 35916640     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/27/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51170497 35916642     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/27/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51170497 35916657     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 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 report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/27/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54282224 35866977     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/25/2026 No 2 B B B B B B B B B B   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54282224 35867093     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
03/03/2026     No 1 D A D A D A D A D A   NY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58493913 35890167     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56745773 35973073     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/09/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57038325 36294501     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56739941 36055085     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56739941 36055514     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58596663 35921374     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53276624 36062073     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00526% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,185.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,628.89 (an overage of $2,556.36 or 1.00526%). XXXXX Points and Fees exceed allowable threshold by $2,556.36 or 1.00526%.             03/17/2026 No 2 B B B B B B B B B B   NJ Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53276624 36062083     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-13): XXXXX
  03/13/2026   No 1 A A A A A A A A A A   NJ Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53276624 36062336     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59795841 35847401     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/23/2026 No 2 B B B B B B B B B B   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50568057 36112113     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50568057 36112332     Property Collateral General Collateral Appraiser has disciplinary action with an end date within a year of appraisal effective date. - Valuation Effective Date:
___
___
from: ___
to: ___
Appraiser has disciplinary action with a start date within a year of appraisal effective date.       Reviewer Comment (2026-03-24): XXXXX
    03/24/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53390587 35790186     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 XX/XX/XX does not match the Appraisals effective date XX/XX/XX.       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53390587 35949252     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   File is missing a copy of the appraisal used at the time of closing.  The appraisal in file as a report date of XX/XX/XX and the note is dated XX/XX/XX.       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1   A   A   A   A   A   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53390587 35958086     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/03/2026 No 2   B   B   B   B   B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58873270 36011204     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58873270 36013561     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document missing in file.       Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56139261 36014044     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56139261 36016104     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank XXXXX): 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 (2026-03-19): XXXXX
    03/19/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58883826 35905666     Compliance Compliance State Compliance Misc. State Level (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) XXXXX Constitution Section 50(a)(6): Acceptable XXXXX title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the XXXXX T-42 endorsement or the T-42.1 endorsement. (The loan is a XXXXX Section 50 (a)(6) home equity loan.) Acceptable XXXXX title insurance endorsements not obtained for home equity loan       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-03): XXXXX
    03/05/2026 No 2 B B B B B B B B B B   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59767328 35855433     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54434720 35865195     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53786165 36293238     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53786165 36293267     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/20/2026 No 2 B B B B B B B B B B   AR Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54178195 35915808     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   ME Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52639600 35827870     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50479288 35942618     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-11): XXXXX
04/08/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50479288 35944667     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX
03/09/2026     No 1 D A D A D A D A D A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50479288 35944686     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation missing in file.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-09): XXXXX
04/01/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58882007 36088309     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51667635 36221003     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51667635 36221036     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/07/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51667635 36221037     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             04/07/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50798069 36010747     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50662231 35943522     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The file was missing evidence the "Right to Receive a Copy" was provided to borrower within 3 days of initial application.             03/04/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50662231 35943528     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. Calculated loan to value percentage of 75.00000% exceeds Guideline loan to value percentage of 70.00000%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-05): XXXXX
    03/06/2026 Yes 2 C B C B C B C B C B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50662231 35943529     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. Calculated combined loan to value percentage of 75.00000% exceeds Guideline combined loan to value percentage of 70.00000%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-05): XXXXX
    03/06/2026 Yes 2 C B C B C B C B C B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50662231 35943543     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57218392 35957188     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57218392 35958598     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-03-09): XXXXX


Seller Comment (2026-03-06): XXXXX
03/09/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57218392 35959172     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/05/2026 No 2 B B B B B B B B B B   OK Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57218392 35959173     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 9.46530% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $25,083.05 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $11,833.05 or 4.46530%). XXXXX Points and Fees exceed allowable threshold by $11,833.05 or 4.46530%).             03/05/2026 No 2 B B B B B B B B B B   OK Investment Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 58406419 35972703     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58406419 35974239     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the document required to confirm Initial Rate Lock Date.       Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/10/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58406419 35974263     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
    03/20/2026 Yes 2 C B C B C B C B C B   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58406419 35974270     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-10): XXXXX
03/20/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58406419 35999158     Credit Guideline Guideline Issue Guideline Funds From Business Account used, and borrower owns less than 100% of business.   Lender used business funds for EMD and reserves, however per guidelines borrower must be sole owner of the company in order to use business funds for downpayment or reserves. Per operating agreement in file borrower only owns 49% of the business (XXXXX). The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-10): XXXXX
    03/20/2026 Yes 2 C B C B C B C B C B   AL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52509921 35934136     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52509921 35934371     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the OFAC.       Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-03-05): XXXXX
03/05/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52509921 35934488     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
03/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52509921 35934490     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53984276 35915521     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53984276 35917037     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the rate lock document.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53984276 35917040     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/27/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53984276 35917060     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the OFAC document.       Reviewer Comment (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54700076 36052544     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54700076 36052654     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock rate date is  missing       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54700076 36052723     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               03/16/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54700076 36052724     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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.               03/16/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59903209 36211043     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38866% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,504.62 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,529.18 (an overage of $975.44 or .38866%). XXXXX Points and Fees exceed allowable threshold by $975.44 or .38866%.             04/06/2026 No 2 B B B B B B B B B B   NC Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59903209 36211047     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 $0.00 exceeds tolerance of $-128.18. Insufficient or no cure was provided to the borrower. Lender Credits Fee was  last disclosed as $128.18 on LE but disclosed as $0.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $128.18, 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 (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NC Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59903209 36211048     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 $1,964.62 exceeds tolerance of $0.00.  $1,964.62 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was  last disclosed as $0.00 on LE but disclosed as $1,964.62 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $1,964.62, 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 (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NC Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59903209 36211049     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). RTC disclosed incorrect transaction and/or expiration date.       Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX


Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
  04/14/2026   No 2 C B C B C B C B C B   NC Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56448902 36070998     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56437170 35891975     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58045551 36068808     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59747642 35850085     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55480315 35866020     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54063494 36078096     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54063494 36094010     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.   DSCR less than 1.0 not allowed with LTV above 70%.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
03/25/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54848259 36240700     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50906734 36252230     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank statement reflects a large unsourced deposit of $216,974.03, without the funds the borrower is short assets for closing.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX
04/13/2026     No 1 C A C A C A C A C A   NJ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50906734 36252235     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Bank statement reflects a large unsourced deposit of $216,974.03, without the funds the borrower is short assets for reserves.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX
04/13/2026     No 1 C A C A C A C A C A   NJ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57349208 36121054     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57349208 36121132     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/26/2026 No 2 B B B B B B B B B B   KY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50733366 36087466     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57671778 35916567     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51386682 36082190     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.         Reviewer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
    03/25/2026 No 2 B B B B B B B B B B   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53609099 36105500     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53609099 36106099     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/24/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53609099 36106176     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated Available for Reserves of 3.94 is less than Guideline Available for Reserves of 6.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51099423 35953382     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $64,756.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     No 1 C A C A C A C A C A   WA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59115122 36044358     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/16/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52734342 36076975     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53704144 35942974     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54147235 35866927     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57552412 35952401     Credit Insurance Insurance Documentation Insurance Missing Document: Flood Insurance Policy not provided   The file is missing a copy of Flood Insurance Policy.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50499393 35933373     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50499393 35933388     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/03/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56068657 35985018     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/09/2026 No 2 B B B B B B B B B B   CA Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 56068657 35985028     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.46200% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $163,860.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $13,860.00 or .46200%). XXXXX Points and Fees exceed allowable threshold by $13,860.00 or .46200%.             03/09/2026 No 2 B B B B B B B B B B   CA Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 56570233 35935527     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 56570233 35935564     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.44615% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $31,860.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,610.00 or .44615%). XXXXX Points and Fees exceed allowable threshold by $2,610.00 or .44615%.             03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM N/A Yes
[redacted] [redacted] [redacted] [redacted] 56570233 35935581     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 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53843239 36121847     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53843239 36128496     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file is missing a copy of initial rate lock document.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50578407 35935707     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50578407 35936547     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50578407 35936583     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.45156% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $31,510.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,610.00 or .45156%). Points and Fees exceed allowable threshold by $2,610.00 or .45156%             03/03/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 50578407 35938243     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Verification not provided for XXXXX.       Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX
03/06/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50578407 35938248     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification not provided for XXXXX       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX
03/10/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50578407 35938272     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report not provided       Reviewer Comment (2026-03-05): XXXXX
03/05/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 54146270 35926692     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $1,000.00 are insufficient to meet cash to close of $35,425.85. Final 1008 reflects $48,814.69 verified, however, Borrower is the sole owner of the company, a CPA letter indicating withdrawal of the funds will not negatively impact the business is required as funds are used for down payment and reserves.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
03/17/2026     No 1 C A C A C A C A C A   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54146270 35926696     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Borrower is the sole owner of the company, a CPA letter indicating withdrawal of the funds will not negatively impact the business is required as funds are used for down payment and reserves. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
    03/17/2026 Yes 2 C B C B C B C B C B   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54146270 35926706     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/02/2026 No 2 B B B B B B B B B B   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54146270 35926711     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-06): XXXXX
03/17/2026     No 1 C A C A C A C A C A   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54146270 35927990     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock is missing from the file. Initial Loan Estimate issued XX/XX/XX indicates a rate lock.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-06): XXXXX
03/06/2026     No 1 C A C A C A C A C A   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56040965 36103263     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50971561 35821136     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-23): XXXXX
02/23/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55813917 35968133     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55813917 35968455     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.92132% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $38,192.50 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $5,942.50 or .92132%). XXXXX Points and Fees exceed allowable threshold by $5,942.50 or .92132%.             03/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 55813917 35968483     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 58263660 36152050     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57121298 36153113     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57121298 36153278     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/30/2026 No 2 B B B B B B B B B B   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36211841     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36211944     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/06/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36238632     Credit Guideline Guideline Issue Guideline Minimum of 600 square feet of gross living area required per company guidelines.     Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-09): XXXXX
    04/10/2026 Yes 2 C B C B C B C B C B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36239073     Credit Missing Document General Missing Document Missing Document: Vacation Rental Website Listing not provided           Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36239088     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Guides require 3rd party verification STR are legally permissible.  File is missing the required dodumentaiton.       Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A D A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52644237 36239139     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Total cash-out discrepancy.   Final HUD-1/settlement statement is missing from loan file supporting the mortgage noted to be paid was paid.  Documentation in file shows borrower receiving excess cash back.       Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
04/07/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50222233 36106158     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54539761 36166773     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/31/2026 No 2 B B B B B B B B B B   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54539761 36166774     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.01019% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,710.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,677.37 (an overage of $32.88 or .01019%). XXXXX Points and Fees exceed allowable threshold by $32.88 or .01019%.             03/31/2026 No 2 B B B B B B B B B B   CO Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58812703 36073411     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation confirming the condo project is warrantable.       Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-03): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
04/03/2026     No 1 C A C A C A C A C A   NY Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 54601778 35972128     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54601778 35974106     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/09/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54601778 35999643     Credit Guideline Guideline Issue Guideline Short Term Rental property consistently used as a seasonal or vacation rental (i.e., XXXXX) and evidence of at least 12 months of Operating History is not present in the loan file.     Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC
Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-09): XXXXX
    03/10/2026 Yes 2 C B C B C B C B C B   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50906026 36088974     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51298449 35812180     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51298449 35812460     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock.       Reviewer Comment (2026-02-20): XXXXX


Seller Comment (2026-02-19): XXXXX
02/20/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51298449 35812481     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification revised appraisal was delivered to borrower was not provided.             02/18/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51298449 35812482     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 7.53273% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $70,619.38 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $23,744.38 or 2.53273%). XXXXX Points and Fees exceed allowable threshold by $23,744.38 or 2.53273%.             02/18/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 52507777 35820565     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52507777 35822446     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/18/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52507777 35822451     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Total cash-out discrepancy.   HUD-1 total cash-out of $1,235,421.77 is greater than Guideline total cash-out of $1,000,000.00.       Reviewer Comment (2026-02-20): XXXXX


Seller Comment (2026-02-19): XXXXX
02/20/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52507777 35822470     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-02-19): XXXXX


Seller Comment (2026-02-19): XXXXX
02/19/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50507325 36153572     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52516252 36189486     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56670765 36011093     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56670765 36014319     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/12/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52865007 36054599     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52865007 36082862     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing HUD/ CD reflecting existing lien being paid off.       Reviewer Comment (2026-03-20): XXXXX
03/20/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59009629 36036645     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 Flood Certification (Life Of Loan).  Fee Amount of $7.50 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Flood Certification (Life Of Loan) Fee was last disclosed as $0.00 on LE but disclosed as $7.50 on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-11): XXXXX
  03/11/2026   No 1 A A A A A A A A A A   SC Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55803528 35995773     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59422007 36047746     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing evidence the Borrower is the sole owner of the company (XXXXX) and missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
03/18/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59422007 36047779     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $0.00 is less than Cash From Borrower $21,345.56. Lender used funds from business account that is not held in the same vesting entity name as subject loan. Missing evidence the Borrower is the sole owner of the company (XXXXX) and missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
03/18/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59422007 36047781     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Lender used funds from business account that is not held in the same vesting entity name as subject loan. Missing evidence the Borrower is the sole owner of the company (XXXXX) and missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
03/18/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58979134 36055747     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 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 report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50680340 35924265     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50680340 35926756     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/02/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55429075 36057016     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55429075 36057342     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55429075 36157665     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated investor qualifying total debt ratio of 53.25574% exceeds Guideline total debt ratio of 50.00000%. Borrower qualified under alternative document program per guidelines section 103.2 and max DTI allowed per guidelines is 50%. Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The refinance has decreased the borrower's monthly debt payments by 20% or more.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-16): XXXXX


Seller Comment (2026-04-16): XXXXX
    04/28/2026 Yes 2   B   B   B   B   B   CA Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 52158070 36071190     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52158070 36073852     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/18/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58630441 36211253     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58279325 36070374     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50831268 36044451     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-23): XXXXX
03/25/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58158762 36210548     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58614722 35942614     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53565389 35952240     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) HOEPA Assignment Notice is not located in file.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53565389 35952242     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53565389 35952243     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. Total fees financed by lender is $9,741.05. Threshold maximum is $8,742.61. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53565389 35952244     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53565389 35952245     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.57102% is in excess of the allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $9,741.05 on a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $998.44 or .57102%).  Non-Compliant High Cost Loan. Total fees financed by lender is $9,741.05. Threshold maximum is $5,245.56.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53565389 35952246     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-06): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MT Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53565389 35952247     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.57102% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,741.05 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,245.56 (an overage of $4,495.49 or 2.57102%). XXXXX Points and Fees exceed allowable threshold by $4,495.49 or 2.57102%.             03/05/2026 No 2 B B B B B B B B B B   MT Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53565389 35952250     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 $725.00 exceeds tolerance of $650.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was last disclosed as $650.00 on LE but disclosed as $725.00 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $198.60.       Reviewer Comment (2026-03-03): XXXXX
  03/03/2026   No 1 A A A A A A A A A A   MT Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53565389 35952251     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure. File does not contain a valid COC for this fee, However evidence of cure in file in the amount of $198.60.       Reviewer Comment (2026-03-03): XXXXX
  03/03/2026   No 1 A A A A A A A A A A   MT Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59840399 36254384     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51370023 36113899     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59039271 36037711     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00 as bank statement are missing.       Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-18): XXXXX
03/20/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59039271 36037782     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $0.00 is less than Cash from Borrower $25,194.22 as Bank statements are missing.       Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-18): XXXXX
03/20/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51079194 35995370     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51079194 35997483     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/11/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51079194 35998256     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Calculated Debt Service Coverage Ratio (Subject DSCR) of 0.96 does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) 1.00. Must use lesser of $1,350 vs. $1,400 because no evidence of rent deposits by tenants. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-17): XXXXX
    03/20/2026 Yes 2 C B C B C B C B C B   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57050559 36166712     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/08/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51161810 35966803     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51161810 35967561     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $27,000.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX
04/02/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 55636710 36088308     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55636710 36089016     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/20/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58034438 36144222     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52974639 36210639     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57947304 36042927     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55426514 35972623     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-16): XXXXX
03/16/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55426514 35974180     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $110,000.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
04/06/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52762705 35975279     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     No 1 B A B A B A B A B A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59442709 35964495     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   ME Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54292486 36334838     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51144384 35995966     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51144384 35996573     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock rate date is blank. Rate Lock document is missing from the file.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX
03/13/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56156215 36104003     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56156215 36104859     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Rate Lock document.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56156215 36104864     Compliance Compliance State Compliance State Defect XXXXX Prepayment Penalty XXXXX Prepayment Penalty:  Loan contains an impermissible prepayment penalty of greater than 6 months.  Prepay language states prepay will not exceed maximum permitted by applicable law. Loan contains an impermissible prepayment penalty of greater than 6 months. Prepay language states prepay will not exceed maximum permitted by applicable law.       Reviewer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX
    04/01/2026 Yes 2 B B B B B B B B B B   KS Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54550468 36088670     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54550468 36089718     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/20/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54550468 36089740     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock is missing.       Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57371065 36235887     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57371065 36235957     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock rate date is blank. Rate Lock document missing from file.       Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57371065 36237168     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 5.85 is less than Guideline PITIA months reserves of 6.00. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-04-15): XXXXX
    04/15/2026 Yes 2 C B C B C B C B C B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52058282 35891236     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52058282 35891751     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-02-27): XXXXX


Seller Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55133092 36175125     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Testing inconclusive. The rescission period starts when the latest of three things occurs: (1) RTC signed; (2) consummation OR  (3) borrower receipt of accurate material disclosures.  Executed Final CD was not provided, we are unable to determine date Final CD was received by borrower.  Lender to provide executed Final CD or verification of date received.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX
04/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55133092 36175126     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Testing inconclusive. The rescission period starts when the latest of three things occurs: (1) RTC signed; (2) consummation OR  (3) borrower receipt of accurate material disclosures.  Executed Final CD was not provided, we are unable to determine date Final CD was received by borrower.  Lender to provide executed Final CD or verification of date received.       Reviewer Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-09): XXXXX
04/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55133092 36175130     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 $18,608.00 exceeds tolerance of $0.00.  $18,608.00 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Origination Fee was last disclosed as $0.00 on LE but disclosed as $18,608.00 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $18,608.00, 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 (2026-04-03): XXXXX


Seller Comment (2026-04-02): XXXXX
04/03/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55133092 36175131     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 $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $123.60 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $123.60, 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 (2026-04-03): XXXXX


Seller Comment (2026-04-02): XXXXX
04/03/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55133092 36220197     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-03): XXXXX
  04/03/2026   No 1   A   A   A   A   A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51666443 35937813     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58537843 36262248     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58537843 36262386     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/14/2026 No 2 B B B B B B B B B B   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54767593 35838971     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2025-12-11): XXXXX
12/11/2025     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54767593 35838973     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity "XXXXX".       Reviewer Comment (2025-12-17): XXXXX


Buyer Comment (2025-12-16): XXXXX
12/17/2025     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50385625 35839225     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003           Reviewer Comment (2025-12-19): XXXXX


Buyer Comment (2025-12-18): XXXXX
12/19/2025     No 1 C A C A C A C A C A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50962234 35839400     Credit Missing Document General Missing Document Missing Document: Telephone Listing / Internet Search / Directory Assistance not provided   Missing : Verification that the business is active and operating no more than 10 calendar days prior to the Note Date is required with one of the following:

o Evidence of current work (executed contracts or signed invoices)
o Evidence of current business receipts
o Business website demonstrating activity supporting current business
operations

Credit related
      Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   KS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50962234 35839401     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing : Verification that the business is active and operating no more than 10 calendar days prior to the Note Date is required with one of the following:

o Evidence of current work (executed contracts or signed invoices)
o Evidence of current business receipts
o Business website demonstrating activity supporting current business
operations

Compliance related
      Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   KS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50962234 35839402     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 B A C A B A C A B A   KS Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50962234 35839403     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   KS Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58146927 35839434     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Required mortgage statement to identify the escrow status of REO property XXXXX. Also, required HOA verification document with monthly payment of $168.00       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58146927 35839435     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ As per provided CPA letter co-borrower is 100% owner of business. However lender has considered P&L income as borrower's income (as per final 1003 & 1008), also VVOE for business is in the name of borrower. Need updated CPA letter confirming accurate ownership of borrower and co-borrower in business.       Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/07/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58146927 35839436     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Required additional assets to meet the closing requirement of $110,534.77 as 401k accounts cannot be used for closing as per guide without evidence of liquidation.  . Missing CPA Letter to use business funds but loan will still be short funds to close.       Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/07/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53017771 35839879     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $729,664.98 is over disclosed by $1,029.41 compared to the calculated Amount Financed of $728,635.57 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 XX/XX/XX). Amount Financed disclosed is $729,664.98 Calculated Amount Financed of $728,635.57, It is Over disclosed by $1,029.41       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-06): XXXXX
  01/09/2026   No 2 C B C B C B C B C B   NC Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53017771 35839880     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $1,317,863.09 is under disclosed by $1,029.41 compared to the calculated Finance Charge of $1,318,892.50 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $1,317,863.09 Calculated finance charge is $1,318,892.50 it is under disclosed by $-1,029.41       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX


Reviewer Comment (2026-01-07): XXXXX


Buyer Comment (2026-01-06): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-05): XXXXX
  01/09/2026   No 2 C B C B C B C B C B   NC Primary 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59741136 35839959     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Provide Mortgage statement to confirm PITIA of the primary property located at "XXXXX". if payment are not escrowed then additional document to confirm the tax amount, Insurance amount and association dues will be requested.       Reviewer Comment (2025-12-30): XXXXX


Buyer Comment (2025-12-30): XXXXX
12/30/2025     No 1 C A C A C A C A C A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59741136 35839960     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Address on CDA is missing unit 14. Provided corrected CDA with updated address.       Reviewer Comment (2025-12-30): XXXXX


Buyer Comment (2025-12-30): XXXXX
12/30/2025     No 1 C A C A C A C A C A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59741136 35839962     Credit System General System Flood Certificate Subject Address does not match Note address.   Address on Flood certificate is missing Unit XXXXX. Provide corrected Flood certificate with updated address.       Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/08/2026     No 1 C A C A C A C A C A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59741136 35839964     Credit Credit Miscellaneous Credit Missing Document: Credit Payoff Statement(s) not provided   Mortgage Payoff statement for XXXXX #XXXXX is missing in file.       Reviewer Comment (2025-12-29): XXXXX


Buyer Comment (2025-12-29): XXXXX
12/29/2025     No 1 C A C A C A C A C A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59741136 35839965     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   Mortgage with XXXXX #XXXXX reflects DLA as XX/XX/XX and Bank statement confirms payment on XX/XX/XX. Provide verification of mortgage / housing history to confirm XXXXX payment (Look Back Date XX/XX/XX).       Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/08/2026     No 1 C A C A C A C A C A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59741136 35839966     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report date is XX/XX/XX which is within 3 day of the note date XX/XX/XX. Provide Prior appraisal report which is more than 3 days prior to the note date or a waiver.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     No 1 B A B A B A B A B A   TX Second Home Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59986194 35840020     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.06960% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,374.69 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,162.12 (an overage of $212.57 or .06960%). EV2 informational       Buyer Comment (2026-01-13): XXXXX
    01/13/2026 No 2 B B B B B B B B B B   AR Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57445311 36043703     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58549700 36143164     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56736927 36059042     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/17/2026 No 2 B B B B B B B B B B   TX Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52846060 36148458     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58642638 36143527     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53643899 36212712     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/06/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53643899 36213030     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $90.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee  was  last disclosed as $0.00 on LE but disclosed as $90.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-02): XXXXX
  04/02/2026   No 1 A A A A A A A A A A   FL Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57647836 35855427     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-27): XXXXX
02/27/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57647836 35858169     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 (2026-03-02): XXXXX


Seller Comment (2026-03-02): XXXXX
03/02/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57647836 35858197     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             02/24/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57647836 35858198     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. The file was missing a copy of the Right to Receive a Copy appraisal       Reviewer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-03-03): XXXXX
    03/05/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58624054 36120833     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51592814 35952119     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51592814 35952508     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/05/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58873254 36144764     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51949809 36093255     Credit Guideline Guideline Issue Guideline Gift Funds not allowable per guidelines.   Per guidelines gift funds permitted for down payment. 5% on LTV's <= 80% or 10% on LTV's <70%. Lender approved loan with LTV of 28%. Gift funds of $355,807.17 exceed max allowed of $125,000 since LTV <70% only 10% of purchase price may be used. 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 representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX
    03/20/2026 Yes 2 C B C B C B C B C B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51949809 36093264     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $787,161.37 is less than Cash From Borrower $910,035.06. Lender used gift funds exceeding max 10% allowed.       Reviewer Comment (2026-03-20): XXXXX
03/20/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51949809 36093329     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. Lender used gift funds exceeding max 10% allowed.       Reviewer Comment (2026-03-20): XXXXX
03/20/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51983587 35970667     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-12): XXXXX
03/13/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51983587 35993482     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification revised appraisal was provided to the borrower.             03/06/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53874950 36113651     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970789     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970846     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/06/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970852     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.       Reviewer Comment (2026-03-26): XXXXX


Seller Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-19): XXXXX
03/26/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970859     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/06/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970860     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The file was missing evidence the "Right to Receive a Copy" was provided to borrower within 3 days of initial application.             03/06/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54198852 35970861     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-11): XXXXX
    03/11/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52916107 36104022     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58995335 36170441     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51569455 35986510     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-16): XXXXX
03/16/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51569455 35988906     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 Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/10/2026 No 2 B B B B B B B B B B   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53327868 36103478     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53480679 35974686     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX 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. Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower. Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2026-03-11): XXXXX


Seller Comment (2026-03-10): XXXXX
03/11/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53480679 35974688     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 $925.00 exceeds tolerance of $805.00.  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Fee was disclosed as $805.00 on LE but disclosed as $925.00 in Final Closing Disclosure. File does not contain a valid COC for this fee, sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-05): XXXXX
  03/05/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59092511 36103499     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59092511 36109748     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/24/2026 No 2 B B B B B B B B B B   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59092511 36216060     Credit Guideline Guideline Issue Guideline Aged document: Credit Report  is more than 120 days prior to the note date.   Credit report is 122 days old as of Note date. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-13): XXXXX
    04/16/2026 Yes 2   B   B   B   B   B   RI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55110691 36069225     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58404773 36080846     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit report is missing for XXXXX.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
03/25/2026     No 1 D A D A D A D A D A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58404773 36081510     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/19/2026 No 2 B B B B B B B B B B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50107373 36102826     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50107373 36105220     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX
03/27/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50107373 36105230     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing evidence the Borrower is the sole owner of the company and missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57850721 36034635     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51181460 36016186     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/12/2026 No 2 B B B B B B B B B B   MO Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50139955 36105173     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 50139955 36105296     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 6.65164% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $8,164.89 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,027.39 or 1.65164%). XXXXX Points and Fees on subject loan of 6.65164% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $8,164.89 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $2,027.39 or 1.65164%).             03/24/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM N/A Yes
[redacted] [redacted] [redacted] [redacted] 50139955 36105342     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/24/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Rate/Term   Non QM N/A No
[redacted] [redacted] [redacted] [redacted] 53294974 35873457     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53294974 35914875     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The file was missing a copy of the final title policy. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    02/25/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55309217 35873459     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55309217 35890249     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation. Borrower provided appraisal waiver less than three (3) business days prior to consummation.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55309217 35890250     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation. Borrower provided appraisal waiver less than three (3) business days prior to consummation.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-24): XXXXX
02/25/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59242555 35873460     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50667731 35873462     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50667731 35915199     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Seller Comment (2026-02-27): XXXXX
    03/10/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51600940 35873465     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51600940 35924247     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. The file was missing evidence the "Right to Receive a Copy" was provided to borrower within 3 days of initial application.       Reviewer Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-02-26): XXXXX
    03/10/2026 No 2 B B B B B B B B B B   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51600940 35924264     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-02-26): XXXXX
03/03/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51600940 35924266     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. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Seller Comment (2026-03-10): XXXXX


Reviewer Comment (2026-03-10): XXXXX


Seller Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-02-27): XXXXX
03/17/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51600940 36084276     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines for loan amounts <= $2,000,000 a secondary valuation is required and must be within -10% tolerance of appraised value. Acceptable products are:
• CDA or Enhanced Desk Review OR • Field Review OR • A 2nd full appraisal - The lower of the two (2) appraisal values will be used to determine LTV, unless the sales price is lower than both appraisals (in which case the sales price will be used to determine loan to value). Appraisals must be completed by two (2) different, independent appraisers. Lender provided CU score as secondary valuation.
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-03-17): XXXXX
    03/17/2026 Yes 2   B   B   B   B   B   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55564853 35873467     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55564853 35914952     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The file was missing evidence the "Right to Receive a Copy" was provided to borrower within 3 days of initial application.             02/25/2026 No 2 B B B B B B B B B B   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50202033 35873471     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50202033 35914848     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Copy of Rate lock is missing.       Reviewer Comment (2026-03-04): XXXXX


Seller Comment (2026-02-27): XXXXX
03/04/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50202033 35914854     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/26/2026 No 2 B B B B B B B B B B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35873472     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35890123     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             02/24/2026 No 2 B B B B B B B B B B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35890125     Compliance Compliance Federal Compliance Missing Non-Required Data Missing Final HUD-1 Not Subject to APL Testing (Business Purpose Loan) Missing Final HUD-1:  No document containing points and fees provided.  Investment occupancy with business purpose cert in file.  Loan is not subject to APL tests in scope requiring points and fees.         Reviewer Comment (2026-02-25): XXXXX
02/25/2026     No 1 A A A A A A A A A A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35890237     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of $25,068.69 is less than Cash From Borrower $98,020.40.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35890251     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.       Reviewer Comment (2026-03-03): XXXXX


Seller Comment (2026-03-02): XXXXX
03/03/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35906148     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing HUD/CD. Closing statement in file is for Seller only. Missing Borrower closing statement or HUD/CD.       Reviewer Comment (2026-02-25): XXXXX


Seller Comment (2026-02-25): XXXXX
02/25/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53384386 35906152     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             02/24/2026 No 2 B B B B B B B B B B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57864287 36177308     Compliance Compliance Federal Compliance Flood Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post XXXXX, the subject property is in a flood zone, flood insurance is not escrowed. Loan originated post XXXXX, the subject property is in a flood zone, flood insurance is not escrowed.       Reviewer Comment (2026-04-08): XXXXX
    04/08/2026 No 2 B B B B B B B B B B   FL Second Home Purchase Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57184562 36007120     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.77403% or Final Disclosure APR of 8.77400% is equal to or greater than the threshold of APOR 5.99% + 2.5%, or 8.49000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.77403% or Final Disclosure APR of 8.77400% is equal to or greater than the threshold of APOR 5.99% + 2.5%, or 8.49000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57184562 36007121     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation, documentation in file supports the revised appraisal was sent to borrower on XX/XX/XX but confirmation of receipt is not in file.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57184562 36007124     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 $293.50 exceeds tolerance of $147.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee. Fee was  last disclosed as $147.00 on LE but disclosed as $293.50 on Final Closing Disclosure.  File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $146.50, a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2026-03-09): XXXXX
  03/09/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57184562 36072753     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-17): XXXXX
    03/19/2026 No 2   B   B   B   B   B   OH Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56236954 35973712     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/09/2026 No 2 B B B B B B B B B B   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52321657 36200874     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on LE but disclosed as $92.70 on Final Closing Disclosure. File does not contain a valid COC for this fee, evidence of cure in file.       Reviewer Comment (2026-04-01): XXXXX
  04/01/2026   No 1 A A A A A A A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51037396 36286668     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.             04/17/2026 No 2 B B B B B B B B B B   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36054487     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36054742     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The file is missing a copy of Security Instrument - Subject Lien Document.       Reviewer Comment (2026-03-18): XXXXX


Seller Comment (2026-03-18): XXXXX
03/18/2026     No 1 D A D A D A D A D A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36054747     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $6,268.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-09): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
04/10/2026     No 1 C A C A C A C A C A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36054757     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36092542     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   The file was missing a copy of 1-4 family rider.       Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
03/20/2026     No 1   A   A   A   A   A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50272725 36092543     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Rider - Prepayment not provided   The file was missing a copy of Prepayment rider.       Reviewer Comment (2026-03-20): XXXXX


Seller Comment (2026-03-20): XXXXX
03/20/2026     No 1   A   A   A   A   A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52511520 36054884     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58176204 36089218     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58176204 36089774     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/20/2026 No 2 B B B B B B B B B B   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55638750 36272668     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   IA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55638750 36273045     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/15/2026 No 2 B B B B B B B B B B   IA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55638750 36273060     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   Rider - 1-4 Family missing from file.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   IA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57205537 36088159     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/20/2026 No 2 B B B B B B B B B B   NC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57205537 36088199     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $7,280.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX
03/30/2026     No 1 C A C A C A C A C A   NC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50783492 35925964     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50783492 35927141     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The file was missing a copy of the final title policy.             03/02/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52976263 36200100     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52976263 36203240     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower three (3) business days prior to consummation was not provided, waiver not present.             04/03/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52976263 36203272     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document is missing in file.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52976263 36231023     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   File is missing the operating agreement for the borrowing entity.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52976263 36231060     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided           Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57578550 36068988     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57578550 36069880     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Copy of Rate lock is missing.       Seller Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50402012 35995774     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53339672 36079435     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57072345 36113349     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   ME Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57072345 36113643     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/25/2026 No 2 B B B B B B B B B B   ME Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50209903 36230593     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50209903 36231253     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Note - Subject Lien is missing       Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-13): XXXXX
04/14/2026     No 1 D A D A D A D A D A   KS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55849361 36121216     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55849361 36151229     Credit Credit Miscellaneous Guideline Credit Exception:   Missing 3rd party verification STR are legally permissible (city, county etc) and licensed where applicable.       Reviewer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-30): XXXXX
04/01/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51952653 36153648     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.37273% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $23,640.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,640.00 or .37273%). XXXXX Points and Fees exceed allowable threshold by $1,640.00 or .37273%.             03/30/2026 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 52241485 36247670     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/09/2026 No 2 B B B B B B B B B B   NV Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52241485 36247680     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document missing in file.       Reviewer Comment (2026-04-24): XXXXX


Seller Comment (2026-04-24): XXXXX
04/24/2026     No 1 C A C A C A C A C A   NV Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50668019 36167292     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50668019 36167353     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - The file was missing a copy of 442 completion or update report.       Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-02): XXXXX
04/03/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50568988 35995986     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified liquid assets in the amount of $35,000.52 are insufficient to meet cash to close of $35,241.06.  Final 1008 reflects $41,000.52.       Reviewer Comment (2026-03-17): XXXXX


Seller Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   SC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57474876 36263856     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.35527% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,560.63 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,442.43 (an overage of $1,118.20 or .35527%). XXXXX Points and Fees exceed allowable threshold by $1,118.20 or .35527%.             04/13/2026 No 2 B B B B B B B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57474876 36263871     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/13/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57473320 36220716     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.       Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 D A D A D A D A D A   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57473320 36220729     Compliance Note General Missing, Incorrect, or Incomplete Note Prepayment Penalty Discrepancy   Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum. Missing prepay data may result in invalid high cost, XXXXX, and/or QM points and fees findings.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 B A B A B A B A B A   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53302091 36235888     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   MT Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52934868 36013683     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52934868 36016196     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/12/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52934868 36016935     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/12/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52934868 36034927     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 5.97 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-04-02): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-26): XXXXX
04/02/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52934868 36170434     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/27/2026 No 2   B   B   B   B   B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51499747 36011427     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51499747 36011971     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/12/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52103364 36033990     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/13/2026 No 2 B B B B B B B B B B   AZ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52103364 36033991     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The file was missing evidence the "Right to Receive a Copy" was provided to borrower within 3 days of initial application.             03/13/2026 No 2 B B B B B B B B B B   AZ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51323790 36154318     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Available for Closing is insufficient to cover Cash From Borrower.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-10): XXXXX
04/22/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52875736 36210210     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57938211 36043840     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-24): XXXXX
03/24/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54615344 36254467     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/10/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55107672 36250242     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/09/2026 No 2 B B B B B B B B B B   AL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55168075 36251068     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59337911 36146404     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.06224% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,535.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $13,260.08 (an overage of $275.12 or .06224%). XXXXX Points and Fees exceed allowable threshold by $275.12 or .06224%.             03/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59337911 36147087     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59337911 36148013     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Correct amount is provided in Escrow Instructions, please override Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57934654 36166419     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock rate date is blank. Rate Lock document missing from file.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57934654 36166437     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 442 is not in images.       Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57934654 36166450     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  ___ is less than Cash From Borrower ___. Verified liquid assets in the amount of $11,463.89 are insufficient to meet cash to close of $48,661.38. Final 1008 reflects $429,473.18 verified. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
    04/15/2026 Yes 2 C B C B C B C B C B   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57934654 36198090     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing source of wire received in the amount of $45,311.25. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-04-01): XXXXX
    04/15/2026 Yes 2 C B C B C B C B C B   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55104459 36193257     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document is missing in file       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55104459 36193464     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File is missing documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   NC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59136124 36045877     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $21,605.79 is less than Cash From Borrower $24,809.10.       Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
03/23/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59136124 36045884     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 5.71 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-19): XXXXX


Seller Comment (2026-03-19): XXXXX
03/23/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50422041 36144934     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56639049 36276254     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36276277     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36276278     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36276279     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 8.72254% or Final Disclosure APR of 8.75500% is equal to or greater than the threshold of APOR 6.12% + 2.5%, or 8.62000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 8.72254% or Final Disclosure APR of 8.75500% is equal to or greater than the threshold of APOR 6.12% + 2.5%, or 8.62000%.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36276280     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was not provided to the borrower (3) business days prior to consummation. Note date is XX/XX/XX. Please provide evidence the final appraisal was sent to the borrower. Disclosure in file reflects appraisal was sent to the borrower 3 days prior to consummation., however the report date was not 3 days prior to consummation.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36276281     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal report dated XX/XX/XX was not provided to the borrower (3) business days prior to consummation. Note date is XX/XX/XX. Please provide evidence the final appraisal was sent to the borrower. Disclosure in file reflects appraisal was sent to the borrower 3 days prior to consummation., however the report date was not 3 days prior to consummation.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36310920     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-20): XXXXX
    04/22/2026 No 2   B   B   B   B   B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56639049 36310921     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-20): XXXXX
    04/22/2026 No 2   B   B   B   B   B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58809407 36236175     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   NE Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51618321 36115859     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/25/2026 No 2 B B B B B B B B B B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58203455 36166173     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58203455 36166195     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/31/2026 No 2 B B B B B B B B B B   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53026437 36089231     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51311055 36210739     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51989631 36197275     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51989631 36197767     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/03/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51989631 36197768     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.13690% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $70,170.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,870.00 or .13690%). XXXXX Points and Fees exceed allowable threshold by $1,870.00 or .13690%.             04/03/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 51989631 36200533     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57687705 36036325     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $14,928.56 are insufficient to meet cash to close of $203,756.50. Final 1008 reflects $1,402,725.81 verified.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX
04/02/2026     No 1 C A C A C A C A C A   NC Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50205091 36176190     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.   The file was missing a copy of the final title policy.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50205091 36176192     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   Evidence of title is missing.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55397026 36121134     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55397026 36121801     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock.       Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55397026 36139365     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): 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.               03/26/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52124503 35953192     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-11): XXXXX
03/11/2026     No 1 C A C A C A C A C A   NH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52124503 35954008     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock Agreement is missing.       Reviewer Comment (2026-03-06): XXXXX


Seller Comment (2026-03-05): XXXXX
03/06/2026     No 1 C A C A C A C A C A   NH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54720596 36070584     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54720596 36070973     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - The file is missing documentation confirming the condo project is warrantable.       Reviewer Comment (2026-03-23): XXXXX


Seller Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54284715 36211393     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             04/06/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54284715 36240550     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Bank statement ending in XXXXX reflects a large unsourced deposit of $85,000 that was not included in available funds causing the borrower to be short funds for reserves. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.   SitusAMC Reviewer Comment (2026-04-21): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-14): XXXXX
    04/21/2026 Yes 2 C B C B C B C B C B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53166764 36149123     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/27/2026 No 2 B B B B B B B B B B   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56636407 36327056     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification of appraisal delivery to the borrower was not provided.             04/27/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56636407 36332190     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification of the borrower's receipt of the appraisal is missing from the file.             04/27/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54568149 35963951     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54568149 35964484     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $98,840.Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-27): XXXXX
    04/02/2026 Yes 2 C B C B C B C B C B   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55217283 36152699     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59216482 36189995     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58628689 36202775     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58628689 36203414     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   The file was missing a copy of the Articles of Organization/Formation document.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX


Reviewer Comment (2026-04-06): XXXXX
04/08/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58628689 36203415     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   The file was missing a copy of the Certificate of Good Standing document.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56826312 36285990     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56826312 36286054     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.       Reviewer Comment (2026-04-22): XXXXX
    04/22/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59978583 36088084     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/20/2026 No 2 B B B B B B B B B B   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59978583 36088094     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   PA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55742490 36071247     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified assets in the amount of $18,213.80 are insufficient to meet reserves requirement of $41,233.44.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-24): XXXXX
03/25/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55742490 36072356     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk due to reserve requirement not being met.       Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 B A C A B A C A B A   CT Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55742490 36072357     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-03-25): XXXXX
03/25/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55742490 36091868     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Borrower was previously renting and per guidelines, If the Borrower previously paid rent for their residence, then the Borrower's rental housing payment history
is required. Payments must be documented via an institutional Verification of Rent (VOR)/ credit supplement, or cancelled checks/bank records. A VOR from an individual or a private party landlord does not meet the requirement of verifying the Borrower's prior housing payment history.
      Reviewer Comment (2026-03-24): XXXXX


Seller Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58716672 36068790     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   MO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57759561 36166137     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51781036 36193137     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.48299% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,569.65 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,687.94 (an overage of $1,881.71 or .48299%). XXXXX Points and Fees exceed allowable threshold by $1,881.71 or .48299%             04/02/2026 No 2 B B B B B B B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51781036 36193140     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 $2,227.50 exceeds tolerance of $1,760.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-31): XXXXX
  03/31/2026   No 1 A A A A A A A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52446193 36304190     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal delivered to the borrower was not provided.             04/22/2026 No 2 B B B B B B B B B B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52391589 36200057     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52391589 36201044     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52391589 36206087     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             04/03/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50403768 36226791     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50403768 36230424     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. 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.             04/07/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212012     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212611     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212612     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-04-08): XXXXX
    04/08/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212613     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-04-08): XXXXX
    04/08/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212637     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $0.00 is less than Cash From Borrower $11,040.38.       Reviewer Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-24): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-09): XXXXX
04/28/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51289408 36212653     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59067309 36248741     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59067309 36248749     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the document require to Confirm Initial Rate Lock Date.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX
04/13/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59067309 36248775     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $740.00 are insufficient to meet cash to close of $5,191.25. Final 1008 reflects $0.00 verified, however, Bank statement with account #XXXXX is missing in the file.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-14): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59067309 36248777     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   The file was missing a copy of the final HUD-1       Reviewer Comment (2026-04-29): XXXXX


Reviewer Comment (2026-04-24): XXXXX


Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-21): XXXXX
04/29/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59067309 36248779     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/09/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52615998 36328274     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52615998 36329151     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not found in file.             04/27/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58607792 36152693     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58607792 36153292     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/30/2026 No 2 B B B B B B B B B B   KY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52822834 36232038     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   File was submitted with a cash flow analysis to support the use of business funds will not have a negative impact on the business from which the funds are being drawn.  The CFA was not dated and does not reflect statement dates for the data used to complete the document.  As such the funds from the business were not included in available assets.  Additionally, the third-party business verification supporting the borrower is the owner of the business noted on statements is not dated.       Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52822834 36232087     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   File was submitted with a cash flow analysis to support the use of business funds will not have a negative impact on the business from which the funds are being drawn.  The CFA was not dated and does not reflect statement dates for the data used to complete the document.  As such the funds from the business were not included in available assets.  Additionally, the third-party business verification supporting the borrower is the owner of the business noted on statements is not dated.       Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50430329 35959726     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax Certificate provided has a different amount than what lender has considered for tax amount. Need updated Tax Cert.       Reviewer Comment (2025-12-26): XXXXX


Buyer Comment (2025-12-24): XXXXX
12/26/2025     No 1 C A C A C A C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50430329 35959727     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2025-12-24): XXXXX


Buyer Comment (2025-12-23): XXXXX
12/24/2025     No 1 B A B A B A B A B A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50430329 35959730     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $214,638.92 is over disclosed by $55.00 compared to the calculated Amount Financed of $214,583.92 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 XX/XX/XX). Amount Financed disclosed is $214,638.92 Calculated Amount Financed is $214,583.92 Variance of $55.00. Tax Cert Fee of $30.00 is being included in amount financed.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Buyer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Buyer Comment (2025-12-30): XXXXX
  01/27/2026   No 2 C B C B C B C B C B   NJ Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50430329 35959731     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $305,651.64 is under disclosed by $55.00 compared to the calculated Finance Charge of $305,706.64 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Finance Charge disclosed is $305,651.64 Calculated finance charge is $305,706.64.  Variance of -$55.00. Tax Cert Fee of $30.00 is being included in finance charges.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-15): XXXXX


Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX


Reviewer Comment (2026-01-14): XXXXX


Buyer Comment (2026-01-13): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-08): XXXXX


Reviewer Comment (2026-01-06): XXXXX


Buyer Comment (2026-01-06): XXXXX


Reviewer Comment (2025-12-31): XXXXX


Buyer Comment (2025-12-30): XXXXX
  01/27/2026   No 2 C B C B C B C B C B   NJ Primary Refinance - Cash-out - Other 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50430329 35959732     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. E-sign consent is dated XX/XX/XX.       Reviewer Comment (2025-12-24): XXXXX


Buyer Comment (2025-12-23): XXXXX
12/24/2025     No 1 C A C A C A C A C A   NJ Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959736     Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Bank statement for the business *XXXXX) #XXXXX for the month of XXXXX is missing in file.       Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/12/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959737     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   CPA letter or any reliable third party verification is required to confirm percentage of ownership.       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959738     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Business Narrative provided is completed by non-borrower (XXXXX) as per guide, A business narrative is required from the borrower (XXXXX) to describe the type of business and number of employees.       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959740     Compliance Compliance Federal Compliance ATR/QM Defect General Ability to Repay - Bank Statement Guidelines Require Less than 12 Months Ability to Repay (Dodd-Frank XXXXX): Guidelines require less than 12 consecutive months bank statements. 12 Months bank statement is provided per guidelines.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     No 1 B A B A B A B A B A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959741     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR Failure). This exception will be cleared once all ATR specific Exceptions have been cured/Cleared.       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/20/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58635822 35959742     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient Income. This exception will be cleared once all ATR specific exceptions have been cured/cleared       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/20/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959743     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/09/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959744     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   XXXXX #XXXXX reflects DLA as XX/XX/XX, look back date is XX/XX/XX. Provide Verification of Mortgage / housing history to confirm payment for XXXX XXXXX. Mortgage statement dated XX/XX/XX shows overdue payment for XXXXX. All payment histories must reflect 0X30 measured from the credit report date.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/28/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959745     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - City Name on Note and Security instrument is incorrect. Hence corrected Note and Security instrument is requested with updated city name of the address.  Should match title, City should be XXXXX.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959746     Credit System General System Flood Certificate Subject Address does not match Note address.   City Name on Note and Security instrument is incorrect. Hence corrected Note and Security instrument is requested with updated city name of the address. Should match title, City should be XXXXX.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/16/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959747     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   City Name on Note and Security instrument is incorrect. Hence corrected Note and Security instrument is requested with updated city name of the address. Should match title, City should be XXXXX.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/16/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959748     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Provide corrected appraisal with updated City name..Should match title, City should be XXXXX.       Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/08/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959749     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   City name on Note and Security Instrument reflects as "XXXXX" Provide Corrected Note and Security Instrument with updated city name as "XXXXX".       Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-07): XXXXX
01/08/2026     No 1 D A D A D A D A D A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635822 35959751     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $456,649.98 is over disclosed by $160.00 compared to the calculated Amount Financed of $456,489.98 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 XX/XX/XX). Title - Signing fee under section C for $160 in finance charge testing causing the issue.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
  01/15/2026   No 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58635822 35959752     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $576,479.59 is under disclosed by $160.00 compared to the calculated Finance Charge of $576,639.59 which exceeds the $35.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Title - Signing fee under section C for $160 in finance charge testing causing the issue.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
  01/15/2026   No 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50316962 35959758     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Notice of Right to cancel was signed XX/XX/XX and the Final Closing Disclosure was signed XX/XX/XX.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/22/2026     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50316962 35959759     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). Notice of Right to cancel was signed XX/XX/XX and the Final Closing Disclosure was signed XX/XX/XX.       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-21): XXXXX


Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-20): XXXXX
01/22/2026     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50316962 35959760     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Payoff Statement Missing Missing Payoff Statement: Unable to determine if a prepayment penalty was included in the pay-off which may impact high cost findings. Missing Payoff Statement       Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/20/2026     No 1 B A B A B A B A B A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635412 35959795     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Require updated Hazard insurance document with Subject property city name reflecting as "XXXXX" as in the current Hazard insurance document Subject property City name is reflecting as "XXXXX"       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635412 35959796     Credit System General System Flood Certificate Subject Address does not match Note address.   Require updated Flood Certificate Document with Subject property city name reflecting as "XXXXX" as in the current Flood Certificate Document Subject property City name is reflecting as "XXXXX"       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635412 35959797     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Require updated CDA document with Subject property city name reflecting as "XXXXX" as in the current CDA document Subject property City name is reflecting as "XXXXX"       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635412 35959798     Credit Insurance Insurance Documentation Insurance Hazard Insurance Error: Subject address is missing from evidence of insurance.   Require updated Replacement Cost Estimator document with Subject property city name reflecting as "XXXXX" as in the current Replacement Cost Estimator document Subject property City name is reflecting as "XXXXX"       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58635412 35959799     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 $304.14 exceeds tolerance of $151.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-01-20): XXXXX
  01/20/2026   No 1 A A A A A A A A A A   CT Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58635412 35959800     Credit Guideline Guideline Issue Guideline Borrower does not have the minimum active tradelines per guidelines.   Co-Borrower does not meet a minimum of three (3) trade lines from traditional credit sources that reported for 24 months or more. Co-Borrower has one (1) open and active trade line for the last 28 months and a VOR for 3 years and 11 months.       Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/28/2026     No 1 C A C A C A C A C A   CT Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53359969 36258691     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50523260 36210254     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/06/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56888955 36152852     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56888955 36152932     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/30/2026 No 2 B B B B B B B B B B   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56888955 36188236     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception in file for square footage less than 600. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-03-31): XXXXX
    03/31/2026 Yes 2 C B C B C B C B C B   IN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57505981 36073685     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-26): XXXXX
03/26/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57344437 36307464     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/23/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51861710 36114824     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.       Reviewer Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51861710 36114825     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). RTC disclosed incorrect transaction and/or expiration date.       Reviewer Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-09): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51861710 36114854     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-09): XXXXX
04/10/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58657930 36081958     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97925% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,755.29 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $11,902.56 (an overage of $7,852.73 or 1.97925%). XXXXX Points and Fees exceed allowable threshold by $7,852.73 or 1.97925%.             03/19/2026 No 2 B B B B B B B B B B   NC Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58657930 36081962     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-17): XXXXX
  03/17/2026   No 1 A A A A A A A A A A   NC Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58515530 36147344     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/27/2026 No 2 B B B B B B B B B B   MS Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58515530 36147345     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation. Borrower provided appraisal waiver less than three (3) business days prior to consummation. (Type:Primary/XX/XX/XX)       Reviewer Comment (2026-04-01): XXXXX
    04/01/2026 No 2 B B B B B B B B B B   MS Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58515530 36147346     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to consummation. Borrower provided appraisal waiver less than three (3) business days prior to consummation. (Type:Secondary/XX/XX/XX)       Reviewer Comment (2026-04-01): XXXXX
    04/01/2026 No 2 B B B B B B B B B B   MS Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50030597 36294788     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   The file was missing a copy of the final title policy.       Reviewer Comment (2026-04-24): XXXXX
04/24/2026     No 1 A A A A A A A A A A   HI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50030597 36295150     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.   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 (2026-04-24): XXXXX


Seller Comment (2026-04-22): XXXXX
04/24/2026     No 1 C A C A C A C A C A   HI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53627484 36334348     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/28/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54295004 36103538     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54295004 36103595     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/24/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54371021 36174828     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50777802 36174812     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58207838 36113562     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   DE Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54460705 36296443     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/20/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55550151 36254678     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58843321 36327576     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58843321 36327583     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.             04/27/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59718055 36250147     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 $675.00 exceeds tolerance of $640.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $675.00 exceeds tolerance of $640.00.  Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-07): XXXXX
  04/07/2026   No 1 A A A A A A A A A A   TX Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59718055 36250636     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57829766 36267279     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57829766 36267547     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/14/2026 No 2 B B B B B B B B B B   NV Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55456466 35989846     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - File is missing a copy of Lease Agreement for REO.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989847     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - File is missing a copy of Lease Agreement for REO.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989848     Credit Title Document Error Title The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-01-26): XXXXX


Buyer Comment (2026-01-25): XXXXX
01/26/2026     No 1 B A B A B A B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989849     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-01-26): XXXXX
01/26/2026     No 1 A A A A A A A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989850     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed. Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___   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 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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-26): XXXXX


Buyer Comment (2026-01-25): XXXXX
    01/26/2026 Yes 2 C B C B C B C B C B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989851     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan Designation is ATR fail due to missing lease agreements.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55456466 35989852     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank XXXXX): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. File is missing a copy of the Lease Agreement       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989853     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank XXXXX): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. File is missing a copy of the Lease Agreement       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55456466 35989856     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 $258.00 exceeds tolerance of $181.00 plus 10% or $199.10.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-23): XXXXX
  12/23/2025   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55456466 35989857     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Waterfall finding due to the missing Lease Agreement.       Reviewer Comment (2026-01-30): XXXXX
01/30/2026     No 1 A A A A A A A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51992492 35989859     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 $90.00 exceeds tolerance of $80.00 plus 10% or $88.00.  $2.00 over legal limit.  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $10.00 due to increase of recording fee.  No valid COC provided, nor evidence of cure in file.       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
  02/18/2026   No 2 C B C B C B C B C B   NV Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51992492 35989860     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Provide the RCE       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-12): XXXXX
02/13/2026     No 1 C A C A C A C A C A   NV Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51992492 35989861     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   The appraisal in file has a completion date of XX/XX/XX which is post close- Provide the pre-close appraisal prior to any updates.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     No 1 D A D A D A D A D A   NV Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989882     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Appraisal provided dated XX/XX/XX is post-closing. Provide the origination appraisal prior to any updates.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/13/2026     No 1 D A D A D A D A D A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989884     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.94333% or Final Disclosure APR of 7.97500% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.94333% or Final Disclosure APR of 7.97500% is equal to or greater than the threshold of APOR 6.17% + 1.5%, or 7.67000%. Non-Compliant Higher Priced Mortgage Loan       Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/23/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989885     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied. Appraisal provided dated XX/XX/XX is post-closing. Provide the origination appraisal prior to any updates.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/13/2026     No 1 B A B A B A B A B A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989886     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Evidence of earlier receipt not provided       Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-20): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/23/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989890     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   A letter from a CPA must be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business. If a CPA letter is not provided, a cash flow analysis of the business assets and liabilities (balance sheet) must be completed by the client to determine if the withdrawal of funds from the business is acceptable.(accounts XXXXX, XXXXX). Borrower has verified disposable income of at least $2500.00.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC
Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
    02/18/2026 Yes 2 C B C B C B C B C B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989891     Compliance Compliance Federal Compliance Federal HPML TIL HPML Appraisal Not Obtained Prior to Closing Test TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Appraisal not obtained prior to consummation. Appraisal provided dated XX/XX/XX is post-closing. Provide the origination appraisal prior to any updates.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989892     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-02-13): XXXXX
02/13/2026     No 1   A   A   A   A   A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55711617 35989894     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of revised valuation to applicant three (3) business days prior to consummation.         Buyer Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-23): XXXXX
    02/23/2026 No 2   B   B   B   B   B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989922     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 $26,620.00 exceeds tolerance of $26,400.00.  $220.00 over legal limit.  Insufficient or no cure was provided to the borrower. Cure nor valid COC provided       Reviewer Comment (2026-02-22): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/22/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57617961 35989923     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 $0.00 exceeds tolerance of $-5,600.00. Insufficient or no cure was provided to the borrower. Cure nor valid COC provided       Reviewer Comment (2026-02-22): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/22/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57617961 35989924     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The VVOE for B2 is not dated within 5 days prior to closing.       Buyer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989925     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   XXXXX: Policy does not reflect 100% replacement cost nor verified by the agent. RCE in file is too old.       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989926     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   The business tax returns for all businesses are not signed and dated by the borrower.       Reviewer Comment (2026-02-23): XXXXX
02/23/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989927     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to insufficient income documentation.       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX
02/24/2026     No 1 B A C A B A C A B A   FL Primary Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57617961 35989928     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Partnership Ability to Repay (Dodd-Frank XXXXX): Unable to verify Partnership income using reasonably reliable third-party records. The XXXXX in file does not have date of when the business started and the additional SOS in file does not have a pull date. Further, the business and personal returns are not signed and dated by the borrower.       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-21): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989929     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - S-Corp Ability to Repay (Dodd-Frank XXXXX): Unable to verify S-Corp income using reasonably reliable third-party records. The XXXXX in file does not have date of when the business started. Further, the business and personal returns are not signed and dated by the borrower.       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-21): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989930     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - S-Corp Ability to Repay (Dodd-Frank XXXXX): Unable to verify S-Corp income using reasonably reliable third-party records. The XXXXX in file does not have date of when the business started and the additional SOS in file does not have a pull date. Further, the business and personal returns are not signed and dated by the borrower.       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-21): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989931     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - S-Corp Ability to Repay (Dodd-Frank XXXXX): Unable to verify S-Corp income using reasonably reliable third-party records. The XXXXX in file does not have date of when the business started and the additional SOS in file does not have a pull date. Further, the business and personal returns are not signed and dated by the borrower. .       Buyer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-23): XXXXX


Buyer Comment (2026-02-21): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989932     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Due to insufficient income documentation       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX
02/24/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989933     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Due to insufficient income documentation       Reviewer Comment (2026-02-24): XXXXX


Reviewer Comment (2026-02-23): XXXXX
02/24/2026     No 1 A A A A A A A A A A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57617961 35989934     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Due to missing income documents       Reviewer Comment (2026-02-24): XXXXX
02/24/2026     No 1   A   A   A   A   A   FL Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50296817 36115141     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   The file was missing a copy of the Credit Report.       Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX
04/09/2026     No 1 D A D A D A D A D A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50296817 36115191     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.38281% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,734.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,609.37 (an overage of $2,124.63 or 1.38281%). XXXXX Points and Fees exceed allowable threshold by $2,124.63 or 1.38281%.             03/25/2026 No 2 B B B B B B B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50296817 36115192     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. Full credit report is missing.       Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 B A C A B A C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50296817 36115193     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared. Full credit report is missing.       Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59136808 35991454     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   The Resolution of Company is not signed by the owners.       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/24/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59136808 35991456     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   The Operating Agreement is not signed by the owners.       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/24/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59136808 35991457     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX
02/19/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59136808 35991458     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Coverage short fall by $860 -RCE's for both main dwelling and ADU in file, however coverage is still short.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56436416 35991473     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/19/2026     No 1 B A B A B A B A B A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56436416 35991474     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the clear title policy. Blanket mortgage on title encumbering multiple properties. Full balance not paid through closing.       Reviewer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56436416 35991475     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Estimated only in file.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/19/2026     No 1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55785009 35991477     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   Dry State: The Hazard Insurance Policy Effective Date is after the later of the disbursement, note or transaction date       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55785009 35991478     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Estimate only in file       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/19/2026     No 1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55785009 35991479     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the clear title policy. Blanket mortgage on title encumbering multiple properties. Full balance not paid through closing.       Reviewer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59900012 35991481     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Estimate only in file.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/19/2026     No 1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59900012 35991482     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the clear title policy. Blanket mortgage on title encumbering multiple properties. Full balance not paid through closing.       Reviewer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59900012 35991483     Credit Credit Miscellaneous Guideline Credit Exception:   Title Policy: Address reflects XXXXX & XXXXX vs. all other documents which do not Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.
  SitusAMC

SitusAMC
Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
    02/20/2026 Yes 2 B B B B B B B B B B   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59900012 35991484     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   HOI: Address reflects XXXXX vs. all other documents which do not.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59613150 35991487     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the clear title policy. Blanket mortgage on title encumbering multiple properties. Full balance not paid through closing.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54154604 35991488     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54154604 35991490     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54154604 35991491     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Estimate only in file       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX
02/20/2026     No 1 D A D A D A D A D A   WA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55539113 35991504     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   HUD in file is not signed/stamped certified       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX
02/20/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56445090 35995511     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-18): XXXXX
03/31/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56445090 35995812     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file is missing a copy of Rate Lock Document.       Reviewer Comment (2026-03-13): XXXXX


Seller Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57235635 36153534     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57235635 36154047     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the OFAC.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57235635 36154157     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57235635 36154407     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 is after the later of the note or transaction date.       Reviewer Comment (2026-04-16): XXXXX


Seller Comment (2026-04-15): XXXXX


Seller Comment (2026-04-01): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Seller Comment (2026-03-31): XXXXX
04/16/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59276895 36262140     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59276895 36263861     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/13/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56148130 36293607     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   OR Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59357810 36308043     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal delivered to borrower was not provided.             04/22/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59357810 36308044     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure. This exception will be cleared once all ATR-specific exceptions have been cured or cleared.       Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59357810 36308045     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank XXXXX): Unable to verify assets using reasonably reliable third-party records. Unable to verify assets using reasonably reliable third-party records. (Net Proceeds from Sale of Real Estate/Equity on Sold Property)       Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59357810 36308048     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Loan designation failure due to ATR failure. This exception will be cleared once all ATR-specific exceptions have been cured or cleared.       Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 A A A A A A A A A A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59357810 36308049     Compliance Compliance State Compliance State Late Charge XXXXX Primary Residence Late Charge Grace Period Testing XXXXX Late Charge: Note grace period of 1 days is less than the state minimum of 10 days. Note grace period of 1 day is less than the state minimum of 10 days.       Reviewer Comment (2026-04-29): XXXXX
    04/29/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59357810 36308071     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified assets in the amount of $396,096.88 are insufficient to meet the reserves requirement of $425,064.67. Final 1008 reflects $797,818.24 verified; however, asset documents are insufficient.       Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57701576 36094677     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57701576 36095804     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 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  report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/23/2026 No 2 B B B B B B B B B B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54028276 36182327     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 3 days of the loan application date. File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date.       Reviewer Comment (2026-04-08): XXXXX
    04/08/2026 No 2 B B B B B B B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54028276 36182329     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 (3) business days of application. Disclosures were sent to borrower prior to obtain consent for electronic disclosure from borrower.  Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2026-04-21): XXXXX


Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-16): XXXXX


Reviewer Comment (2026-04-13): XXXXX
04/21/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57694519 36151306     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Bank statement reflects an unsourced large deposit of $79,996.38.  Funds were not included by review, without these funds the borrower is short assets for reserves.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   MO Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57694519 36151307     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Bank statement reflects an unsourced large deposit of $79,996.38.  Funds were not included by review, without these funds the borrower is short assets for closing.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-31): XXXXX
03/31/2026     No 1 C A C A C A C A C A   MO Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50839449 36247338     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   AK Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50888354 36335441     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $123.60 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-24): XXXXX
  04/24/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50888354 36335442     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 $132.00 exceeds tolerance of $120.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $132.00 exceeds tolerance of $120.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-24): XXXXX
  04/24/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 54118297 36298848     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50919684 36033948     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50919684 36034477     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/13/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50919684 36034488     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file is missing a copy of Rate Lock Document.       Reviewer Comment (2026-03-16): XXXXX


Seller Comment (2026-03-16): XXXXX
03/16/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57353253 36213289     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $484,403.05 are insufficient to meet cash to close of $615,402.90.  Final 1008 reflects $665,745.56 verified, However, the file reflects an Earnest Money Deposit of $140,000.00, for which the source of funds is missing. Additionally, a gift amount of $40,000.00 is noted, but the source of funds documentation is also missing. Furthermore, XXXXX accounts ending in #XXXXX, #XXXXX, and #XXXXX are joint accounts, and evidence of access to funds is missing for all three accounts.       Reviewer Comment (2026-04-27): XXXXX


Seller Comment (2026-04-24): XXXXX
04/27/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57353253 36213314     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified assets in the amount of $484,403.05 are insufficient to meet reserves requirement of $38,222.82. Verified assets in the amount use for closing Final 1008 reflects $665,745.56 verified, However, the file reflects an Earnest Money Deposit of $140,000.00, for which the source of funds is missing. Additionally, a gift amount of $40,000.00 is noted, but the source of funds documentation is also missing. Furthermore, XXXXX accounts ending in #XXXXX, #XXXXX, and #XXXXX are joint accounts, and evidence of access to funds is missing for all three accounts. 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 representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-28): XXXXX


Buyer Comment (2026-04-27): XXXXX


Reviewer Comment (2026-04-27): XXXXX


Seller Comment (2026-04-24): XXXXX
    04/28/2026 Yes 2 C B C B C B C B C B   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59036846 36217187     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.               04/02/2026 No 2 B B B B B B B B B B   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58001475 36082084     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   AZ Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50313168 36082085     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   NV Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50608090 36082086     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   MA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56148054 36033420     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/13/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56148054 36082092     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55862032 36268538     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55862032 36270510     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.             04/14/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57189325 36114217     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57189325 36116890     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.               03/25/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57189325 36116891     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application The initial loan application was missing from the loan file.         Reviewer Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-27): XXXXX
03/30/2026     No 1 B A B A B A B A B A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57189325 36116892     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Testing No evidence of application date located in file.  Compliance tests were run using an application date of XX/XX/XX which is 1 months prior to consummation.  A lookback was performed to determine this application date using the following dates: XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX, XX/XX/XX.  Lookback testing performed up to one of the following: TRID start date, TIL/MDIA XXXXX start date, RESPA XXXXX start date,  TIL/MDIA XXXXX start date, LOS Application Date, Broker Application Date, or six months prior to consummation.         Reviewer Comment (2026-03-30): XXXXX


Seller Comment (2026-03-30): XXXXX
03/30/2026     No 1 B A B A B A B A B A   NC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57219877 36120992     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59024308 36322950     Compliance Compliance State Compliance Misc. State Level Minnesota Residential Mortgage Originator and Servicer Licensing Act - Financed Points and Fees Exceeds 5% Threshold XXXXX Residential Originator and Servicer Licensing Act: Financed Fees on subject loan in excess of 5% of Total Loan Amount. XXXXX Residential Originator and Servicer Licensing Act: Financed Fees on subject loan in excess of 5% of Total Loan Amount.       Reviewer Comment (2026-04-29): XXXXX
    04/29/2026 No 2 B B B B B B B B B B   MN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50382899 36113556     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50382899 36115520     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/25/2026 No 2 B B B B B B B B B B   LA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51490767 36051092     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/12/2026 No 2 B B B B B B B B B B   NJ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51490767 36082067     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   NJ Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51995637 36032163     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             03/12/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51995637 36082068     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55590329 36082069     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   MO Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55563574 36031894     Compliance Compliance State Compliance State Defect District of Columbia Prepayment Penalty District of Columbia Prepayment Penalty: Maximum calculated prepay of $16,957.50 exceeds the state maximum of 2 months interest calculated on 2/3 of the original balance ($XXXXX). Prepay language states prepay will not exceed maximum permitted by applicable law.         Reviewer Comment (2026-03-25): XXXXX
    03/25/2026 Yes 2 B B B B B B B B B B   DC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55563574 36082036     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   DC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54373708 36082077     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1   A   A   A   A   A   MS Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54509797 36272090     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/15/2026 No 2 B B B B B B B B B B   IN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54509797 36272104     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood certificate was not found in file.       Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   IN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54509797 36272398     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $4,588.80. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   IN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51256700 36035419     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/03/2026     No 1 B A B A B A B A B A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51256700 36035420     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51256700 36035424     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Payee reflects TBD. Provide the corrected PC-CD and LOE to cure.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
  03/04/2026   No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51256700 36035425     Credit Credit Miscellaneous Guideline Credit Exception:   The Final Title policy provided post review does not have the PUD endorsement checked.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-09): XXXXX
03/09/2026     No 1   A   A   A   A   A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58614085 36323676     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $200.00 exceeds tolerance of $0.00.  $200.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Re-Inspection 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 Closing Disclosure disclosing the tolerance cure to include $200.00, 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 (2026-04-29): XXXXX


Seller Comment (2026-04-28): XXXXX
04/29/2026     No 1 C A C A C A C A C A   MI Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58614085 36323771     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Issue:  Ineligible borrower   Borrowers who have lived in a rent-free situation are ineligible. Per LOE in file, borrower has been living rent-free since XXXXX. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-27): XXXXX


Seller Comment (2026-04-27): XXXXX
    04/28/2026 Yes 2 C B C B C B C B C B   MI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59433900 36219885     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36219898     Compliance Note General Missing, Incorrect, or Incomplete Note Prepayment Penalty Discrepancy   Final TIL / CD indicates loan has PPP, however file does not contain prepayment penalty addendum.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 B A B A B A B A B A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36219910     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/07/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36219924     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36219925     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $6,697.67. Final 1008 reflects $20,016.00 verified, however, for funds to use from Business account, letter from company's CPA providing a statement indicating withdrawal of the funds will not negatively impact the business OR meet XXXXX guidance for cash flow analysis is required.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36219930     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX
04/22/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59433900 36220118     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Loan has prepayment penalty and the file was missing a copy of the Note Addendum - Prepayment.       Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A Yes
[redacted] [redacted] [redacted] [redacted] 58025473 36323070     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 Camp Rent Schedule (1007).  Fee Amount of $90.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-22): XXXXX
  04/22/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52480544 36286115     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $92.70 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-15): XXXXX
  04/15/2026   No 1 A A A A A A A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52480544 36286148     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. Closing instructions show correct loan amount, please override. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/17/2026 No 2 B B B B B B B B B B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50885472 36279760     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50449453 36113739     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50449453 36115474     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/25/2026 No 2 B B B B B B B B B B   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50449453 36115524     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   HOI coverage is insufficient by $56,160.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50449453 36115537     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Rate Lock document missing in the file.       Reviewer Comment (2026-03-31): XXXXX


Seller Comment (2026-03-30): XXXXX
03/31/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50761041 36176072     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50761041 36177003     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was missing in this file.       Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-03): XXXXX
04/03/2026     No 1 D A D A D A D A D A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51960375 36284795     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/17/2026 No 2 B B B B B B B B B B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51960375 36285975     Credit Credit Miscellaneous Guideline Credit Exception:   Borrowers who have lived in a rent-free situation are ineligible. Per LOE in file borrower is living rent free for more than 3 months in the prior 12 months. Lender exception provided. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-04-21): XXXXX


Reviewer Comment (2026-04-16): XXXXX
    04/21/2026 Yes 2 C B C B C B C B C B   MI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54359931 36257117     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 54359931 36257141     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. Escrow instructions show the correct amount, please override. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/10/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 54359931 36257179     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file was missing a copy of the signed and DATED final 1003.       Reviewer Comment (2026-04-24): XXXXX


Seller Comment (2026-04-24): XXXXX
04/24/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51507168 36104541     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51507168 36109669     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   The file was missing a copy of the Credit report.       Reviewer Comment (2026-03-25): XXXXX


Seller Comment (2026-03-25): XXXXX
03/25/2026     No 1 D A D A D A D A D A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51507168 36110507     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank XXXXX): 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. Document not provided to borrower within 3 business days from application date.             03/24/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58034754 36205769     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal was delivered to borrower was not provided.             04/03/2026 No 2 B B B B B B B B B B   WI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58034754 36205770     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.95073% or Final Disclosure APR of 7.97200% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.95073% or Final Disclosure APR of 7.97200% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-16): XXXXX


Seller Comment (2026-04-14): XXXXX
04/22/2026     No 1 C A C A C A C A C A   WI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58034754 36205771     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-09): XXXXX


Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
04/22/2026     No 1 C A C A C A C A C A   WI Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57022673 36285539     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   AL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57022673 36285541     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   File is missing a copy of HUD/CD document.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-20): XXXXX
04/21/2026     No 1 C A C A C A C A C A   AL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57022673 36285544     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   AL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57022673 36285549     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/17/2026 No 2 B B B B B B B B B B   AL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55971313 36266376     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53128157 36343587     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement missing from file.       Reviewer Comment (2026-05-01): XXXXX
05/01/2026     No 1 C A C A C A C A C A   VA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50875354 36293511     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50875354 36293868     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/20/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50875354 36293876     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/20/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50875354 36294965     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   A copy of the OFAC document was not found in file.       Reviewer Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58879050 36251300     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will
not negatively impact the business OR meet XXXXX guidance for cash flow analysis.
      Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58879050 36251303     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will
not negatively impact the business OR meet XXXXX guidance for cash flow analysis.
      Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58879050 36251306     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Missing letter from company's CPA providing a statement indicating withdrawal of the funds will
not negatively impact the business OR meet XXXXX guidance for cash flow analysis.
The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-04-17): XXXXX
    04/17/2026 Yes 2 C B C B C B C B C B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50713381 36257326     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52848247 36285231     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52596707 36155184     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 $260.00 exceeds tolerance of $134.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $260.00 exceeds tolerance of $134.00. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-03-26): XXXXX
  03/26/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52596707 36155191     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    03/30/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52258713 36235053     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57515448 36235907     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-04-09): XXXXX


Seller Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58409056 36247390     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53046617 36278466     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53046617 36278805     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/16/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57639735 36146426     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.79414% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $20,684.73 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,943.77 (an overage of $7,740.96 or 1.79414%). XXXXX Points and Fees exceed allowable threshold by $7,926.36 or 1.83787%.             03/27/2026 No 2 B B B B B B B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51005992 36177060     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51005992 36177185     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - 442 is missing.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56375238 36205715     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/06/2026 No 2 B B B B B B B B B B   WA Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 52455871 36254582     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52455871 36255893     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/10/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52455871 36255894     Compliance Compliance State Compliance State Defect XXXXX Prepayment Penalty First Lien XXXXX Prepayment Penalty: A prepayment penalty not permissible on a first lien loan less than or equal to $329,411.00.  Prepay language states prepay will not exceed maximum permitted by applicable law. A prepayment penalty is not permissible on a first lien loan less than or equal to $329,411.00. Prepayment language states prepayment will not exceed the maximum permitted by applicable law.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-14): XXXXX
    04/15/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53717485 36254454     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53717485 36254579     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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/10/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53717485 36254592     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/10/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53717485 36254593     Compliance Compliance State Compliance State Defect XXXXX Prepayment Penalty First Lien XXXXX Prepayment Penalty: A prepayment penalty not permissible on a first lien loan less than or equal to $329,411.00.  Prepay language states prepay will not exceed maximum permitted by applicable law. A prepayment penalty not permissible on a first lien loan less than or equal to $329,411.00. Prepay language states prepay will not exceed maximum permitted by applicable law.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-09): XXXXX
    04/15/2026 No 2 B B B B B B B B B B   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53717485 36254623     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage is insufficient by $88,400.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-05-01): XXXXX


Reviewer Comment (2026-04-20): XXXXX
05/01/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52474068 36166138     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51803214 36294956     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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 document does not state the coverage amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/20/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51803214 36294969     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82435% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,355.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,036.41 (an overage of $7,319.55 or 1.82435%). XXXXX Points and Fees exceed allowable threshold by $7,319.55 or 1.82435%.             04/20/2026 No 2 B B B B B B B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51803214 36294972     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. : Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58054358 36190322     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - The file was missing a copy of the 442.       Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
04/07/2026     No 1 C A C A C A C A C A   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58054358 36190338     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/02/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58680587 36313666     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Partial Payments TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan allows for Partial Payments. Final Closing Disclosure provided on XX/XX/XX disclosed that partial payments are both accepted and not accepted.       Reviewer Comment (2026-04-28): XXXXX
  04/28/2026   No 2 C B C B C B C B C B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53083544 36246066     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   File is missing CPA letter to confirm the use of business funds will not have a negative impact on the business. Without the use of business funds, the borrower is short assets for reserves.       Reviewer Comment (2026-04-30): XXXXX


Reviewer Comment (2026-04-28): XXXXX


Seller Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
04/30/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53083544 36246075     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   File is missing CPA letter to confirm the use of business funds will not have a negative impact on the business.       Reviewer Comment (2026-04-30): XXXXX


Reviewer Comment (2026-04-28): XXXXX


Seller Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-22): XXXXX


Seller Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-07): XXXXX
04/30/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53083544 36246080     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   File is missing CPA letter to confirm the use of business funds will not have a negative impact on the business. Without the use of business funds, the borrower is short assets for closing.       Reviewer Comment (2026-04-30): XXXXX


Reviewer Comment (2026-04-28): XXXXX


Seller Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-07): XXXXX
04/30/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53083544 36246081     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Based on the loan failing one or more guideline components, the loan is at ATR risk. Once all guideline exceptions are met, exception will be updated.       Reviewer Comment (2026-04-30): XXXXX


Seller Comment (2026-04-28): XXXXX
04/30/2026     No 1 B A C A B A C A B A   IL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53083544 36246082     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-30): XXXXX


Seller Comment (2026-04-28): XXXXX
04/30/2026     No 1 C A C A C A C A C A   IL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50113532 36307359     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50113532 36307579     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial Rate Lock is missing.       Reviewer Comment (2026-04-23): XXXXX


Seller Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50113532 36307583     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 5.70 is less than Guideline PITIA months reserves of 6.00. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
    04/24/2026 Yes 2 C B C B C B C B C B   NJ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58663749 36299499     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58079686 36254270     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   IA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54139388 36211424     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54139388 36211579     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-07): XXXXX
04/08/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54139388 36215616     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52269917 36201214     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52054233 36254949     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54297062 36299090     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58311577 36106389     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 A A A A A A A A A A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58311577 36106390     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/19/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51727046 36106391     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-03-19): XXXXX
03/19/2026     No 1 A A A A A A A A A A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51727046 36106392     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/19/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50017063 36294323     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/20/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50887259 36331967     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 Administration Fee.  Fee Amount of $250.00 exceeds tolerance of $0.00.  $250.00 over legal limit.  Insufficient or no cure was provided to the borrower. Administration Fee was last disclosed as $0.00 on Loan Estimate but disclosed as $250.00 on Final Closing Disclosure. File does not contain a valid Change of Circumstance for this fee, nor evidence of cure in file. Provide a post-close Closing Disclosure disclosing the tolerance cure to include 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 (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50887259 36332077     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $1,824,560.81 is over disclosed by $145.00 compared to the calculated Amount Financed of $1,824,415.81 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 XX/XX/XX). Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $1,824,560.81 is over-disclosed by $145.00 compared to the calculated Amount Financed of $1,824,415.81 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 XX/XX/XX).       Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50887259 36332078     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $3,101,627.91 is under disclosed by $145.00 compared to the calculated Finance Charge of $3,101,772.91 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX). Final Closing Disclosure provided on XX/XX/XX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $3,101,627.91 is under-disclosed by $145.00 compared to the calculated Finance Charge of $3,101,772.91 which exceeds the $100.00 threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XX/XX/XX).       Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary 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) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50887259 36332487     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated investor qualifying total debt ratio of 51.81569% exceeds guideline total debt ratio of 50.00000%. Included payment to XXXX on previously disputed account, now resolved.       Reviewer Comment (2026-04-29): XXXXX


Seller Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50887259 36332490     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50887259 36332491     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.81569% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)         Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50887259 36332540     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55429196 36230572     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.11270% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,945.89 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $13,440.93 (an overage of $504.96 or .11270%). XXXXX Points and Fees exceed allowable threshold by $504.96 or .11270%.             04/07/2026 No 2 B B B B B B B B B B   FL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55429196 36230575     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 $181.85 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $150.00 on LE but disclosed as $181.85 on Final Closing Disclosure. File does not contain a valid COC for this fee, Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-03): XXXXX
  04/03/2026   No 1 A A A A A A A A A A   FL Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58247616 36278721     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Evidence of earlier borrower receipt was not found in file.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-17): XXXXX
04/20/2026     No 1 C A C A C A C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56393875 36174573     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56393875 36175488     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.             04/01/2026 No 2 B B B B B B B B B B   TN Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54623093 36121726     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54623093 36127881     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/26/2026 No 2 B B B B B B B B B B   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54623093 36127906     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   The file was missing a copy of the OFAC report.       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-27): XXXXX
03/27/2026     No 1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54623093 36127912     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the Initial Rate Lock rate date.       Reviewer Comment (2026-03-27): XXXXX


Seller Comment (2026-03-27): XXXXX
03/27/2026     No 1 C A C A C A C A C A   CT Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55704639 36278876     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55704639 36279399     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of the initial rate lock.       Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51587780 36260442     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57560693 36279107     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.84610% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,780.70 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,673.83 (an overage of $4,106.87 or 1.84610%). XXXXX Points and Fees exceed allowable threshold by $4,106.87 or 1.84610%.             04/16/2026 No 2 B B B B B B B B B B   GA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57560693 36279113     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $653.60 exceeds tolerance of $150.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $150.00 on LE but disclosed as $50.60 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-14): XXXXX
  04/14/2026   No 1 A A A A A A A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57560693 36279114     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 Title - Recording Service Fee.  Fee Amount of $10.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Title - Recording Service Fee was last disclosed as $0.00 on LE but disclosed as $10.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-14): XXXXX
  04/14/2026   No 1 A A A A A A A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57560693 36279115     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 $133.00 exceeds tolerance of $1.00.  Sufficient or excess cure was provided to the borrower at Closing. Credit Report Fee was last disclosed as $1.00 on LE but disclosed as $133.00 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-14): XXXXX
  04/14/2026   No 1 A A A A A A A A A A   GA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57560693 36281882     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines all Borrowers must also provide evidence that business has been in existence for at least two (2) years. Per CPA letter business has been incorporated for 23 months.  Lender exception provided in file. Borrower has verified disposable income of at least $2500.00.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-21): XXXXX


Reviewer Comment (2026-04-17): XXXXX
    04/21/2026 Yes 2 C B C B C B C B C B   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53667836 36156197     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             03/30/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53667836 36156198     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.05960% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $28,551.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $27,995.34 (an overage of $556.14 or .05960%). XXXXX Points and Fees exceed allowable threshold by  $556.14 or .05960%.             03/30/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53667836 36158689     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53667836 36158690     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank XXXXX): Unable to verify assets using reasonably reliable third-party records. Gift Funds received after the note date.       Reviewer Comment (2026-04-06): XXXXX


Seller Comment (2026-04-06): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Seller Comment (2026-04-01): XXXXX
04/06/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53667836 36158692     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. Waterfall exception - General Ability-to-Repay requirements not satisfied.       Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57115988 36301027     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Copy of each valuation to applicant three (3) business days prior to consummation, waiver not in file.             04/22/2026 No 2 B B B B B B B B B B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52255139 36145277     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   The file was missing a copy of the final title policy.       Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 A A A A A A A A A A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52255139 36145424     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated XX/XX/XX 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. Disclosures were sent to borrower prior to obtaining consent for electronic disclosure from borrower.  Lender to provide proof of consent within initial 3 days of application OR proof of disclosure sent to borrower using another method within 3 days of application.       Reviewer Comment (2026-04-01): XXXXX
04/01/2026     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52255139 36253315     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Contact Information - Broker TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on XX/XX/XX did not disclose the required  Broker  Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). The loan is broker originated and the broker contact NMLS ID is missing on page 05 of Final CD and Post CD. Provide corrected CD with LOX to complete remediation.       Reviewer Comment (2026-04-13): XXXXX


Seller Comment (2026-04-10): XXXXX


Reviewer Comment (2026-04-10): XXXXX
  04/13/2026   No 2   B   B   B   B   B   TX Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53487490 36152966     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - The file was missing a copy of the 442 document.       Reviewer Comment (2026-04-02): XXXXX


Seller Comment (2026-04-01): XXXXX
04/02/2026     No 1 C A C A C A C A C A   CO Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55977350 36279008     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $17,288.07 are insufficient to meet cash to close of $45,579.94. Final 1008 reflects $53,288.07 verified; however, there was a large deposit of $36,000 which has no explanation in the file.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   NE Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55977350 36279018     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 6.00.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-21): XXXXX
04/21/2026     No 1 C A C A C A C A C A   NE Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57258096 36168232     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57258096 36168280     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated Available for Reserves of 2.08 is less than Guideline Available for Reserves of 6. The representative FICO score exceeds the guideline minimum by at least 40 points.   SitusAMC Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX
    04/07/2026 Yes 2 C B C B C B C B C B   VA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156476     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification and  Mortgage Statement is missing in file for XXXXX.       Reviewer Comment (2026-01-15): XXXXX


Buyer Comment (2026-01-14): XXXXX
01/15/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156477     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - -Required CPA letter providing the expense ratio of the business and verifying the business has been in existence
for at least two years.
      Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-16): XXXXX
02/02/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156478     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA Impact Letter is missing for the Funds from Business Account #XXXXX.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
01/30/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156481     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   XXXXX - 30 months mortgage payment history verified with  XXXXX from XX/XX/XX to XX/XX/XX. No delinquency noted. (XXXXX & XXXXX Months Payment Information are missing )

XXXXX 27 months mortgage payment history verified with  XXXXX from XX/XX/XX to XX/XX/XX. No delinquency noted. (XXXXX & XXXXX Months Payment Information are missing )
      Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-16): XXXXX
02/02/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156482     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   Required CPA letter providing the expense ratio of the business and verifying the business has been in existence
for at least two years.
      Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
01/30/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58079904 36156483     Property Property - Appraisal General Appraisal Requirements Property - Appraisal The appraisal revealed property damage. - Exposed wood and damaged trim reflected on appraisal, appraiser to provide a cost to cure , update appraisal comments under "overall condition of the property" where it states no deferred maintenance to reflect deferred maintenance and explain how the condition affects the property's value and marketability.       Reviewer Comment (2026-01-21): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/21/2026     No 1   A   A   A   A   A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56559479 36156485     Credit Credit Credit Documentation Credit No evidence of fraud report in file - -Business entity fraud report is required for XXXXX.       Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-23): XXXXX
01/23/2026     No 1 C A C A C A C A C A   WA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56559479 36156486     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement is missing in file.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-28): XXXXX
01/30/2026     No 1 D A D A D A D A D A   WA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56559479 36156487     Credit Loan Package Documentation Closing / Title Loan Package Documentation Security Instrument Error: County was not provided   Security instrument reflects county as XXXX County and appraisal reflects XXXXX.  Both must match. A scrivener's and intent to re-record can be used to update the Security Instrument.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX


Reviewer Comment (2026-01-29): XXXXX


Buyer Comment (2026-01-28): XXXXX
02/02/2026     No 1   A   A   A   A   A   WA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54171327 36156505     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-09): XXXXX
02/09/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50592759 36156561     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX
02/19/2026     No 1 B A B A B A B A B A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50592759 36156562     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.32318% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,442.94 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,104.23 (an overage of $5,338.71 or 1.32318%).         Buyer Comment (2026-01-02): XXXXX
    01/02/2026 No 2 B B B B B B B B B B   NC Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50592759 36156563     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.         Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-29): XXXXX
02/02/2026     No 1 B A B A B A B A B A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50592759 36156565     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Require Approval document as it is missing in file.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX


Reviewer Comment (2026-01-09): XXXXX


Buyer Comment (2026-01-09): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-08): XXXXX
01/30/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50592759 36156566     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Require updated 1008 document with Borrower: XXXXX Income Reflecting as Base Income $3,120.00 and Overtime Income as $656.52 Total Wage Income = $3,776.52 and Asset Depletion Income Reflecting as $3,770.36 and for Co-Borrower: XXXXX Non-Employment Income - Pension reflecting as $5,303.61 as in the current 1008 document Lender has not considered any income for Co-Borrower.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/30/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50592759 36156567     Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   Require updated Final 1003 document with Borrower: XXXXX Income Reflecting as Base Income $3,120.00 and Overtime Income as $656.52 Total Wage Income = $3,776.52 and Asset Depletion Income Reflecting as $3,770.36 and for Co-Borrower: XXXXX Non-Employment Income reflecting as $5,303.61 as in the current Final 1003 document Lender has not considered any income for Co-Borrower as the Non-employment income is for Co-Borrower and the Non-Employment Income - Pension of $5,303.61 reflects under Borrower: XXXXX's name.       Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-28): XXXXX


Reviewer Comment (2026-01-12): XXXXX


Buyer Comment (2026-01-12): XXXXX
02/03/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50592759 36156569     Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XX/XX/XX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. Require Complete Initial CD as the current Initial CD is incomplete as date issued, product and also Loan Calculation on page 5 is missing Doc Id #D412       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
02/18/2026     No 1 C A C A C A C A C A   NC Primary Purchase Good Faith Redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50592759 36156570     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. No CD Issued less than 6 days prior to closing and received by the borrower less than 3 business days prior to closing.       Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
01/30/2026     No 1 C A C A C A C A C A   NC Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52779675 36156588     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 $123.60 exceeds tolerance of $0.00.  $123.60 over legal limit.  Insufficient or no cure was provided to the borrower. Collateral Desktop Analysis was disclosed as $0 on Initial CD and $123.60 on Final CD.  No Evidence of cure and no valid COC provided in file. $0 cure already provided on CD. Provide a post-close CD disclosing the tolerance cure to include $123.60 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 (2026-02-03): XXXXX


Buyer Comment (2026-02-02): XXXXX


Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
02/03/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52779675 36156589     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. List of Homeowner Counseling Organizations list disclosure not provided.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     No 1 B A B A B A B A B A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52779675 36156591     Compliance Compliance Federal Compliance Missing Non-Required Data (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Initial Rate Lock doc not provided.       Reviewer Comment (2026-01-13): XXXXX


Buyer Comment (2026-01-12): XXXXX
01/13/2026     No 1 B A B A B A B A B A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52779675 36156594     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA or licensed tax preparer statement indicating withdrawal of the funds from XXXXX will not negatively impact the business or meets XXXXX guidance for cash flow analysis) may be used for down payment and closing costs.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-27): XXXXX
01/27/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156794     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156796     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File is missing Right to Receive Copy of Appraisal       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 B A B A B A B A B A   NC Primary Purchase Good faith redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56089383 36156797     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Acknowledgement of receipt of appraisal is missing in file.       Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/06/2026     No 1 B A B A B A B A B A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156798     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 10.27825% or Final Disclosure APR of 10.31600% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 10.27825% or Final Disclosure APR of 10.31600% is equal to or greater than the threshold of APOR 6.18% + 1.5%, or 7.68000%.       Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/06/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156799     Compliance Compliance Federal Compliance TRID TIL HPML Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Right to receive a copy of the Appraisal Disclosure is missing in file.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 C A C A C A C A C A   NC Primary Purchase Good faith redisclosure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156800     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Acknowledgement of receipt of appraisal is missing in file.       Reviewer Comment (2026-02-06): XXXXX
02/06/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156801     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32893% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $26,179.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $23,592.28 (an overage of $2,586.72 or .32893%). EV2 informational       Buyer Comment (2026-01-28): XXXXX
    01/28/2026 No 2 B B B B B B B B B B   NC Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56089383 36156803     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Homeownership Counseling List is missing in file.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 B A B A B A B A B A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156805     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure provided to borrower three (3) business days prior to closing not found       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 C A C A C A C A C A   NC Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156806     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 $30,520.04 may be required. Loan Estimate is missing in file.       Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-30): XXXXX
02/02/2026     No 1 C A C A C A C A C A   NC Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156808     Credit Asset Asset Eligibility Asset Guideline Issue: Seller concessions exceeds the amount allowed per credit guidelines   Excessive contributions IPC of $30,000.00 for seller credit is more than 3% of purchase price, need to remediate with a principal reduction prior to loan delivery.       Reviewer Comment (2026-02-06): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-03): XXXXX
02/06/2026     No 1 C A C A C A C A C A   NC Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 56089383 36156809     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 of $97.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   No 1   A   A   A   A   A   NC Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 56089383 36156810     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 $1,000.00 exceeds tolerance of $750.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-02): XXXXX
  02/02/2026   No 1   A   A   A   A   A   NC Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52809490 36156972     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 $1,725.00 exceeds tolerance of $0.00.  $1,725.00 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Points Fee was disclosed as $0.00 on Initial LE and $1,725.00 on Final CD.  No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     No 1 C A C A C A C A C A   NJ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58949650 36156982     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156984     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 B A B A B A B A B A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156985     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.65890% or Final Disclosure APR of 7.71500% is equal to or greater than the threshold of APOR 6.14% + 1.5%, or 7.64000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.65890% or Final Disclosure APR of 7.71500% is equal to or greater than the threshold of APOR 6.14% + 1.5%, or 7.64000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156986     Compliance Compliance Federal Compliance TRID TIL HPML Appraisal Disclosure - HPML Status HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase Good faith redisclosure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156987     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156989     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     No 1 B A B A B A B A B A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156990     Compliance Compliance State Compliance State HPML (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 7.65890% or Final Disclosure APR of 7.71500% is equal to or greater than the threshold of APOR 6.14% + 1.5%, or 7.64000%.  Compliant Higher Priced Loan.         Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
    02/19/2026 No 2 B B B B B B B B B B   OK Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156991     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Initial Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156992     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 $6,252.00 may be required. File is missing the required Loan Estimate provided to borrower within 3 days of application date.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156994     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Unapproved Lender Exception. Please review for acceptance. Exception Requested: Borrower currently lives rent free. Exception request to proceed. Compensating Factors: Low DTI, 768 FICO-no lates on credit profile, 7 months reserves, Property appraised over sales price-stable market, Operating business for 3.5 years. Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

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.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-13): XXXXX
    02/17/2026 Yes 2 C B C B C B C B C B   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58949650 36156995     Compliance Compliance Federal Compliance TRID ECOA Appraisal Disclosure - ECOA Status ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure. Right to receive a copy of the appraisal not provided       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 B A B A B A B A B A   OK Primary Purchase Good faith redisclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57344474 36327585     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52370741 36311533     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Verification appraisal delivered to borrower was not provided.             04/22/2026 No 2 B B B B B B B B B B   CA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52370741 36311534     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93301% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $19,776.15 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $12,026.81 (an overage of $7,749.34 or 1.93301%). XXXXX Points and Fees exceed allowable threshold by $7,749.34 or 1.93301%.             04/22/2026 No 2 B B B B B B B B B B   CA Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52370741 36311537     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $123.60 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second Appraisal Fee was last disclosed as $0.00 on Loan Estimate but disclosed as $123.60 on Final Closing Disclosure. Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2026-04-21): XXXXX
  04/21/2026   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58730638 36314301     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-28): XXXXX
04/28/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58730638 36314417     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.             04/24/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57339792 36275670     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.-             04/15/2026 No 2 B B B B B B B B B B   DC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57339792 36275672     Compliance Compliance State Compliance State Defect District of Columbia Prepayment Penalty District of Columbia Prepayment Penalty: Maximum calculated prepay of $28,320.00 exceeds the state maximum of 2 months interest calculated on 2/3 of the original balance ($XXXXX). Prepay language states prepay will not exceed maximum permitted by applicable law. Maximum calculated prepay of $28,320.00 exceeds the state maximum of 2 months interest calculated on 2/3 of the original balance ($XXXXX). Prepay language states prepay will not exceed maximum permitted by applicable law.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-17): XXXXX
    04/22/2026 Yes 2 B B B B B B B B B B   DC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56866675 36300869     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.19663% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,235.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,728.90 (an overage of $506.58 or .19663%). XXXXX Points and Fees exceed allowable threshold by $506.58 or .19663%.             04/21/2026 No 2 B B B B B B B B B B   AL Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55516351 36247718     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/09/2026 No 2 B B B B B B B B B B   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55516351 36247832     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $32,177.30.  Final 1008 reflects $281,428.54.       Reviewer Comment (2026-04-10): XXXXX


Seller Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   FL Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54637579 36285149     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52931997 36299210     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 report in the 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 report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/21/2026 No 2 B B B B B B B B B B   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50867872 36210231     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-10): XXXXX
04/10/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50867872 36210577     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   File is missing a copy of Initial Rate Lock Date document.       Reviewer Comment (2026-04-07): XXXXX


Seller Comment (2026-04-07): XXXXX
04/07/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56384506 36324202     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 $-24.80 exceeds tolerance of $-172.00. Insufficient or no cure was provided to the borrower. Final Lender Credit of $-24.80 exceeds tolerance of $-172.00. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-28): XXXXX
04/28/2026     No 1 C A C A C A C A C A   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51988630 36286175     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/17/2026 No 2 B B B B B B B B B B   VA Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 57382224 36370073     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-05-06): XXXXX
05/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54216451 36333901     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/28/2026 No 2 B B B B B B B B B B   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54216451 36352789     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower. Documented qualifying Assets for Closing of  ___ is less than Cash From Borrower ___. File is missing evidence the funds from the secured loan borrower was taking funded and loan proceeds were received.       Reviewer Comment (2026-04-30): XXXXX


Seller Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   OH Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55767084 36321020     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51261940 36272643     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/15/2026 No 2 B B B B B B B B B B   CA Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 51261940 36272644     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 6.35447% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $17,335.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $3,695.00 or 1.35447%). XXXXX Points and Fees exceed allowable threshold by $3,695.00 or 1.35447%.             04/15/2026 No 2 B B B B B B B B B B   CA Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 51261940 36272698     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file was missing a copy of initial rate lock document.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   CA Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 53267479 36322155     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC report was not found in file.       Reviewer Comment (2026-04-27): XXXXX


Seller Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53267479 36322161     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   Initial rate lock document was not found in file.       Reviewer Comment (2026-04-28): XXXXX


Seller Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-27): XXXXX


Seller Comment (2026-04-27): XXXXX
04/28/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51754677 36268352     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51754677 36268870     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The file is missing a copy of initial rate lock document.       Reviewer Comment (2026-04-15): XXXXX


Seller Comment (2026-04-15): XXXXX
04/15/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56148908 36391128     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-05-07): XXXXX
05/07/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53282603 36280081     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.23910% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,559.36 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,349.73 (an overage of $2,209.63 or 1.23910%). XXXXX Points and Fees exceed allowable threshold by $2,209.63 or 1.23910%.             04/16/2026 No 2 B B B B B B B B B B   OH Primary Refinance - Cash-out - Other LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58883123 36299089     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58883123 36302552     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception approving Borrower who has not been on title for up to 6 months prior to closing for a Cashout loan. Compensating factors are DSCR of 1.11, FICO of 729 and history of owning 3 investment properties. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC
Reviewer Comment (2026-04-24): XXXXX


Seller Comment (2026-04-24): XXXXX
    04/24/2026 Yes 2 C B C B C B C B C B   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51276008 36321606     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54579372 36237784     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.             04/08/2026 No 2 B B B B B B B B B B   NC Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56019878 36298846     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58001698 36248575     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage is insufficient by $640,000.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate supporting current coverage amount.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-14): XXXXX


Seller Comment (2026-04-14): XXXXX
04/21/2026     No 1 C A C A C A C A C A   FL Investment Purchase   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 58001698 36248583     Compliance Compliance Federal Compliance GSE FNMA Points and Fees XXXXX Points and Fees on subject loan of 5.06613% is in excess of the allowable maximum of the greater of 5.00000% of the Original Loan Amount and $1000.00 (XXXXX). XXXXX Finance Charge total $125,640.00 on a Original Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,640.00 or .06613%). XXXXX Points and Fees exceed allowable threshold by $1,640.00 or .06613%.             04/09/2026 No 2 B B B B B B B B B B   FL Investment Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. N/A N/A Yes
[redacted] [redacted] [redacted] [redacted] 51720694 36323046     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.63436% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,350.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,892.87 (an overage of $1,457.53 or .63436%). XXXXX Points and Fees exceed allowable threshold by $1,457.53 or .63436%.             04/24/2026 No 2 B B B B B B B B B B   FL Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 50519679 36321603     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-29): XXXXX
04/29/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51927065 36293018     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59766399 36299194     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Borrower did not execute the 72-hour waiver of receipt of appraisal and appraisal was provided at closing.             04/21/2026 No 2 B B B B B B B B B B   WI Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58984851 36293290     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51719096 36299027     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51719096 36301693     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification secondary appraisal product was delivered to the borrower was not provided.             04/21/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55706419 36365106     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.78 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-29): XXXXX
  04/29/2026   No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57170140 36398539     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.02890% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,418.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,779.59 (an overage of $1,639.25 or 1.02890%). XXXXX Points and Fees exceed allowable threshold by $1,639.25 or 1.02890%.             05/07/2026 No 2 B B B B B B B B B B   OH Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57170140 36398541     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 $120.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Collateral Desktop Analysis was last disclosed as $0.00 on Loan Estimate but disclosed as $120.00 on Final Closing Disclosure. Sufficient cure was provided to the borrower at closing.       Reviewer Comment (2026-05-05): XXXXX
  05/05/2026   No 1 A A A A A A A A A A   OH Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53911372 36299162     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-23): XXXXX
04/23/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56423026 36314403     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $92.70 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-21): XXXXX
  04/21/2026   No 1 A A A A A A A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51098831 36282971     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51098831 36283858     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation are missing.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-17): XXXXX
04/17/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 58802524 36266511     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51465765 36327562     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-30): XXXXX
04/30/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51465765 36327955     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 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 report verifying title insurance of at least the loan amount. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/27/2026 No 2 B B B B B B B B B B   AZ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51490688 36344695     Credit Title Document Error Title The Commitment or Preliminary title policy is within XXXXX or XXXXX 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 the 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. Final Title Policy will be provided as a trailing document. Final Title Policy will be provided as a trailing document SitusAMC,Aggregator Reviewer Comment (2026-06-29): XXXXX
    04/29/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51490688 36345329     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank XXXXX): 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. The verification appraisal delivered to the borrower was not provided.             04/29/2026 No 2 B B B B B B B B B B   CA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59080237 36272430     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. The file is missing a copy of the Notice of Special Flood Hazard Disclosure Document.       Reviewer Comment (2026-04-21): XXXXX


Seller Comment (2026-04-20): XXXXX


Reviewer Comment (2026-04-20): XXXXX


Seller Comment (2026-04-17): XXXXX


Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-15): XXXXX
04/21/2026     No 1 B A B A B A B A B A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59080237 36272431     Compliance Compliance Federal Compliance Flood Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post XXXXX, the subject property is in a flood zone, flood insurance is not escrowed. Loan originated post-XXXXX, the subject property is in a flood zone, and flood insurance is not escrowed.       Reviewer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-15): XXXXX
    04/22/2026 No 2 B B B B B B B B B B   FL Second Home Purchase Provide evidence the escrow account was established for the flood insurance, LOE, Corrected IEAD, corrected PCCD (if applicable) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59080237 36272432     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan designation failure due to ATR failure. This exception will be cleared once all ATR-specific exceptions have been cured or cleared.       Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 B A C A B A C A B A   FL Second Home Purchase Lender to provide updated ATR/QM status Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 59080237 36272433     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank XXXXX): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. The file is missing a copy of reliable third-party documents.       Seller Comment (2026-04-17): XXXXX


Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-15): XXXXX
04/17/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59080237 36272434     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank XXXXX): General Ability-to-Repay requirements not satisfied. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR-specific exceptions have been cured or cleared.       Reviewer Comment (2026-04-17): XXXXX
04/17/2026     No 1 A A A A A A A A A A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59080237 36272443     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The file is missing a copy of the E-Sign Consent Agreement Document.       Reviewer Comment (2026-04-16): XXXXX


Seller Comment (2026-04-15): XXXXX
04/16/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 59080237 36272460     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 10 business days of the Note.       Reviewer Comment (2026-04-17): XXXXX


Seller Comment (2026-04-17): XXXXX


Reviewer Comment (2026-04-16): XXXXX


Seller Comment (2026-04-15): XXXXX
04/17/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58955887 36321021     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-28): XXXXX
04/28/2026     No 1 C A C A C A C A C A   IL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51051533 36345761     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99311% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,681.13 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $13,283.74 (an overage of $4,397.39 or .99311%). XXXXX Points and Fees exceed allowable threshold by $4,397.39 or .99311%.             04/29/2026 No 2 B B B B B B B B B B   TX Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52896388 36312910     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.             04/23/2026 No 2 B B B B B B B B B B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50060056 36369482     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-05-06): XXXXX
05/06/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50060056 36369818     Compliance Compliance State Compliance State Defect XXXXX Prepayment Penalty - Business Entity XXXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXXX under N.J.S.A. 46:10B-2.  Prepay language states prepay will not exceed maximum permitted by applicable law. No prepayment penalties are permissible in the state of XXXXX under N.J.S.A. 46:10B-2. Prepay language states prepay will not exceed maximum permitted by applicable law.       Reviewer Comment (2026-05-06): XXXXX


Seller Comment (2026-05-05): XXXXX
    05/06/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59847086 36342336     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-05-04): XXXXX
05/04/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51581121 36342482     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-05-04): XXXXX
05/04/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52916328 36325509     Property Property - Appraisal General Appraisal Requirements Property - Appraisal The appraisal revealed property damage.   Per appraisal pictures damage to gutters with wood rot and appraiser stated they were in avg/fair condition and no repairs required. We will clear if client accepts.       Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-01-28): XXXXX


Buyer Comment (2026-01-27): XXXXX
02/27/2026     No 1 B A B A B A B A B A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325526     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity XXXXX.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325527     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete Note Missing Document: Note - Subject Lien not provided   Provided document shows date as XX/XX/XX which is incorrect.
Require revised Note with correct date i,e XX/XX/XX.
      Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/03/2026     No 1 D A D A D A D A D A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325528     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Provided document shows date as XX/XX/XX which is incorrect.
Require revised Note-Addendum-Prepayment with correct date i,e XX/XX/XX.
      Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/03/2026     No 1 C A C A C A C A C A   CT Investment Purchase     N/A Yes
[redacted] [redacted] [redacted] [redacted] 59936515 36325529     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   Provided document shows date as XX/XX/XX which is incorrect.
Require revised 1-4 Family rider with correct date i,e XX/XX/XX.
      Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 C A C A C A C A C A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325530     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Rider - Prepayment not provided   Provided document shows date as XX/XX/XX which is incorrect.
Require revised Prepayment rider with correct date i,e XX/XX/XX.
      Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/18/2026     No 1 C A C A C A C A C A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325531     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Provided document shows date as XX/XX/XX which is incorrect.
Require revised Security Instrument with correct date i,e XX/XX/XX.
      Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/18/2026     No 1 D A D A D A D A D A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59936515 36325532     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Require updated HOI to reflect correct property address as "XXXXX" instead of "XXXXX"       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/13/2026     No 1 C A C A C A C A C A   CT Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55234696 36325537     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-01-21): XXXXX
01/21/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55234696 36325539     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Cash-Out Utilization is missing       Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX
01/22/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55234696 36325540     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument does not reflect prepayment rider as applicable; however, loan does have PPP. Require updated Security Instrument reflecting PPP Rider.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/04/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55234696 36325541     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Business Purpose Certificate is missing       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-03): XXXXX


Reviewer Comment (2026-01-23): XXXXX


Buyer Comment (2026-01-22): XXXXX
03/03/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56435028 36325542     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud report required for both Individual borrower "XXXXX" and "XXXXX"       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/12/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56435028 36325543     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. - OFAC document required for both Individual borrower "XXXXX" and "XXXXX"       Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/12/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56435028 36325546     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Documented qualifying Assets for Closing of  $239,254.61 is less than Cash From Borrower $300,917.37. Require Liquidation for stock Acc XXXXX and #XXXXX or provide additional assets to meet the closing requirement.       Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-12): XXXXX


Reviewer Comment (2026-02-11): XXXXX


Buyer Comment (2026-02-10): XXXXX
03/12/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53638031 36325565     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Spousal Consent Form not provided   Personal guarantees from community property states must be accompanied with a Spousal Consent to Pledge.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/03/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53638031 36325566     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-03): XXXXX
02/03/2026     No 1 C A C A C A C A C A   WI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53648809 36325616     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Business Entity fraud report is missing in file for XXXXX.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53648809 36325617     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Provide fully executed purchase contract including seller signature.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1   A   A   A   A   A   OK Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 53065449 36325629     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53065449 36325631     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security instrument must be a true and certified stamped copy of the original recorded security instrument.       Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-27): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/02/2026     No 1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53065449 36325632     Credit Credit Miscellaneous Credit Missing Document: Credit Payoff Statement(s) not provided   Mortgage payoff statement is missing in file for Blanket mortgage of property XXXXX.       Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53065449 36325633     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Business entity fraud report is missing in file for  XXXXX.       Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/18/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53065449 36325636     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   On subject property there is a blanket mortgage therefore as per guide, if a borrower is refinancing a privately held mortgage the following payment verification requirements apply:
o The privately held mortgage payments must be verified with either cancelled checks or bank statements.
      Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
03/12/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53248385 36325637     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54994190 36325640     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54994190 36325642     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Unapproved Lender Exception. Exception Requested: Property listed for sale within the last 6 month, listed for 126 days last listing terminated XX/XX/XX. Compensating Factors: 2x Reserves. Please review for acceptance. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-26): XXXXX
    03/02/2026 Yes 2 C B C B C B C B C B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54994190 36325643     Credit Guideline Guideline Issue Guideline Experience level does not meet the guideline requirements for an experienced investor.   Experience through subject property however only 11 months verified. Must have a minimum of twelve (12) months ownership and management of income-producing residential or commercial real estate within the past 24 months. At least one borrower must meet the experience requirement       Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-04): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/06/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 53458156 36325657     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53458156 36325659     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Copy of the security instrument submitted in the file must be a true and certified stamped copy of the original recorded security instrument, not provided.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/03/2026     No 1 D A D A D A D A D A   PA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56224738 36325667     Credit Guideline Guideline Issue Guideline Red flag warning list hit. Additional review of county required.

Security Instrument County: ___.
Additional review of county required.
Security Instrument County: XXXXX.
      Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-05): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/06/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56224738 36325669     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.         Buyer Comment (2026-02-23): XXXXX
    02/23/2026 No 2 B B B B B B B B B B   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56899275 36325730     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56899275 36325731     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - Require Condo Warrantable documentation as File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-11): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/12/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59351141 36325770     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided   Signed and dated copy of 1-4 Family rider missing in file.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 C A C A C A C A C A   OR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59351141 36325771     Credit Missing Document General Missing Document Missing Document: Rider - MERS not provided   Signed and dated copy of MERS rider missing in file.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 C A C A C A C A C A   OR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59351141 36325772     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The security instrument in file is missing " true and certified stamped copy of the original recorded."       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 D A D A D A D A D A   OR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59351141 36325773     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument provided is not signed or notarized.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 D A D A D A D A D A   OR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55321307 36325836     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ 1. Require Income Worksheet/1084 document as it is missing in file for 12 months bank statement income, as for Borrower: XXXXX 12 months bank statement income has been calculated from two accounts for business - XXXXX as per Underwriter Summary-addendum given in 1008 document one account handles XXXXX and other handles Store front sales.

2. Require CPA Letter as Borrower for both entities- must also provide evidence that business has been in existence for at least two years via CPA/Tax Preparer Letter, confirmation from regulatory or state agency, or applicable licensing bureau.

3.and to Verify percentage of ownership via reliable third party document.
      Reviewer Comment (2026-02-03): XXXXX


Buyer Comment (2026-02-03): XXXXX


Reviewer Comment (2026-02-02): XXXXX


Buyer Comment (2026-01-29): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-08): XXXXX


Buyer Comment (2026-01-08): XXXXX


Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-05): XXXXX
02/03/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325837     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - For Property XXXXX require Insurance verification document as it is missing in file for the amount of $194.17 per month.       Reviewer Comment (2026-01-05): XXXXX


Buyer Comment (2026-01-05): XXXXX
01/05/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325839     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.72005% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,679.16 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $9,329.88 (an overage of $5,349.28 or 1.72005%). EV2 informational       Buyer Comment (2025-12-18): XXXXX
    12/18/2025 No 2 B B B B B B B B B B   TN Second Home Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55321307 36325843     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 $655.00 exceeds tolerance of $575.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2025-12-16): XXXXX
  12/16/2025   No 1 A A A A A A A A A A   TN Second Home Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55321307 36325844     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-05): XXXXX
02/17/2026     No 1 B A C A B A C A B A   TN Second Home Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 55321307 36325845     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to Insufficient income documentation the CPA/Tax Preparer Letter, confirmation from regulatory or state agency required per Investor Guidelines was not provided causing the loan to waterfall through the ATR Testing.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-05): XXXXX
02/17/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325846     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 51.49712% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Lender Qualifying DTI is 48.888% as per 1008 however, clarity is reflecting DTI as 51.49718% and Lender Qualifying HTI is 11.758% as per 1008 however, clarity is reflecting HTI as 14.36708% there is HTI and DTI variance as For Co-Borrower: XXXXX Primary Rent Expense of $200.00 was not considered by Lender and after considering the rent expense DTI exceeded 50% and current calculated DTI is 51.49718% and HTI Exceeded to 14.36708%.       Reviewer Comment (2026-01-26): XXXXX
01/26/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325847     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA Impact letter confirming that the use of business funds from XXXXX business bank account #XXXXX and #XXXXX and XXXXX account #XXXXX will not negatively impact the business.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-05): XXXXX


Buyer Comment (2026-02-05): XXXXX


Reviewer Comment (2026-01-22): XXXXX


Buyer Comment (2026-01-22): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-16): XXXXX
02/17/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325849     Credit Credit Credit Calculation / Analysis Credit Guideline Issue:  Insufficient tradelines per credit guidelines   For Borrower: XXXXX as per guidelines a minimum of three (3) trade lines from traditional credit sources that reported for 24 months or more are required and considering XXXXX #XXXXX and XXXXX #XXXXX there are only 2 tradelines out of which 1 is active meeting active tradelines requirement however require 1 more tradeline reported for 24 months or more as per guidelines.       Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/16/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325850     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Lender Qualifying DTI is 48.888% as per 1008 however, clarity is reflecting DTI as 51.49718% and Lender Qualifying HTI is 11.758% as per 1008 however, clarity is reflecting HTI as 14.36708% there is HTI and DTI variance as for Co-Borrower: XXXXX Primary Rent Expense of $200.00 was not considered and after considering the rent expense DTI exceeded 50% and current calculated DTI is 51.49718% and HTI Exceeded to 14.36708%.       Reviewer Comment (2026-01-26): XXXXX


Buyer Comment (2026-01-26): XXXXX


Reviewer Comment (2026-01-16): XXXXX


Buyer Comment (2026-01-16): XXXXX
01/26/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 55321307 36325851     Credit Missing Document General Missing Document Missing Document: Transcripts not provided   Please provide XXXXX and XXXXX transcripts for Co-Borrower XXXXX for wage income used to qualify.       Reviewer Comment (2025-12-22): XXXXX


Buyer Comment (2025-12-19): XXXXX
12/22/2025     No 1 C A C A C A C A C A   TN Second Home Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52670316 36326026     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX. Subject loan transaction disbursed on XX/XX/XX per final CD, prior to three (3) business days from transaction date of XX/XX/XX. Provide PCCD reflecting disbursement date of XX/XX/XX.       Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
02/16/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326027     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XX/XX/XX incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on XX/XX/XX disclosed that "will not have an escrow account and the reason was not selected on Page 4 Final CD.       Reviewer Comment (2026-02-16): XXXXX


Buyer Comment (2026-02-13): XXXXX
  02/16/2026   No 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326028     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank XXXXX): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of 53.12233% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Lender has considered wage Income as $16,000 for qualifying however as per Income documents and Final 1003 document in file Calculated wage income is $13,783.47 due to which there is a breach and Variance in DTI% as Lender Qualifying DTI is 45.76300% and calculated Original DTI is 53.12233%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly mortgage payment has decreased by at least 20%.

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 representative FICO score exceeds the guideline minimum by at least 40 points.
14 vs 6 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-17): XXXXX
    02/17/2026 Yes 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52670316 36326029     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326030     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Require supporting document for additional income considered as Lender has considered wage Income as $16,000 for qualifying however as per Income documents and Final 1003 document in file Calculated wage income is $13,783.47 due to which there is a breach and Variance in DTI% as Lender Qualifying DTI is 45.76300% and calculated Original DTI is 53.12233%. Income to be recalculated upon receipt of supporting income documents. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly mortgage payment has decreased by at least 20%.

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 representative FICO score exceeds the guideline minimum by at least 40 points.
14 vs 6 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
    02/17/2026 Yes 2 C B C B C B C B C B   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52670316 36326031     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Lender has considered wage Income as $16,000 for qualifying reflecting on 1008 however as per Income documents and Final 1003 document in file Calculated wage income is $13,783.47 due to which there is a breach and Variance in DTI% as Lender Qualifying DTI is 45.76300% and calculated Original DTI is 53.12233%.       Reviewer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52670316 36326032     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 $408.00 exceeds tolerance of $336.00 plus 10% or $369.60.  $38.40 over legal limit.  Insufficient or no cure was provided to the borrower. XXXXX Recording fee increased to $408 on PCCD dated XX/XX/XX. Provide Cure Docs for $38.40. Cure Doc Consists of PCCD, LOE, Refund Check and Proof of Mailing.       Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
  02/19/2026   No 2   B   B   B   B   B   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326033     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 $280.90 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. XXXXX Received PCCD dated XX/XX/XX showing principal reduction under section H and lender credit as $280.90 in inner column section J. Provide corrected PCCD and LOE with principal reduction updated under payoff section on page 03 along with payment history.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-19): XXXXX


Buyer Comment (2026-02-18): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
  02/20/2026   No 2   B   B   B   B   B   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326034     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XX/XX/XX 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 XX/XX/XX).  The disclosed Total of Payments in the amount of $1,773,565.59 is under disclosed by $127.50 compared to the calculated total of payments of $1,773,693.09 which exceeds the $35.00 threshold. XXXXX received XX/XX/XX PCCD & LOE to borrower.  Fees in Section D increased over final CD and Final CD was underdisclosed on TOP calculation.  Cure with Corrected CD, LOE to borrower, copy of cure refund for total underdisclosure of  $127.50, proof of mailing and proof of reopening of rescission to all parties.       Reviewer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-20): XXXXX


Buyer Comment (2026-02-19): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/20/2026     No 1   A   A   A   A   A   CA Primary 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 i(required on rescindable transactions) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52670316 36326035     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $408.00 exceeds tolerance of $336.00 plus 10% or $369.60.  Sufficient or excess cure was provided to the borrower. Sufficient cure at closing       Reviewer Comment (2026-02-20): XXXXX
  02/20/2026   No 1   A   A   A   A   A   CA Primary Refinance - Cash-out - Other Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57401023 36326050     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 3 days of the loan application date. The file was missing the Right To Receive Copy of Appraisal disclosure or proof of the borrower's receipt within 3 days of originator application date.       Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/27/2026     No 1 B A B A B A B A B A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57401023 36326051     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 7.62509% or Final Disclosure APR of 7.66400% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%.  Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of 7.62509% or Final Disclosure APR of 7.66400% is equal to or greater than the threshold of APOR 6.10% + 1.5%, or 7.60000%. Non-Compliant Higher Priced Mortgage Loan.       Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/27/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57401023 36326054     Compliance Compliance Federal Compliance TRID TIL HPML Appraisal Disclosure - HPML Timing HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. The file was missing the Right To Receive Copy of Appraisal disclosure or proof of the borrower's receipt within 3 days of originator application date.       Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/27/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57401023 36326056     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 $11,170.35 may be required. File is missing the required Loan Estimate.       Reviewer Comment (2026-03-03): XXXXX


Buyer Comment (2026-02-27): XXXXX
03/03/2026     No 1 C A C A C A C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57401023 36326057     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-02-27): XXXXX


Buyer Comment (2026-02-26): XXXXX
02/27/2026     No 1 B A B A B A B A B A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57401023 36326059     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 (3) business days of application. Initial LE was disclosed on XX/XX/XX while the e-consent from borrower was received on XX/XX/XX. In the event the consumer had not provided eConsent , then the lender should have sent the consumer the Loan Estimate through another means in accordance with the official interpretation reflected in Comment 19(e)(1)(iv)-2.  Provide proof borrower was sent Initial LE via other means than electronic delivery, as the e-consent was over 3 business days and acknowledged over 3 business days.  The LE would not have been provided electronically if borrower had not e-consented with the 3 business days after application.       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-09): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/10/2026     No 1   A   A   A   A   A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53120940 36326119     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Property type discrepancy. Appraisal property type of ___ does not match Guideline property type of ___. Subject property is located adjacent to high-pressure transmission pipeline (HPTP) which is a specialized infrastructure system designed for the bulk transportation of hazardous liquids or gases, primarily natural gas, crude oil, or hydrogen, at high pressure. Lender to confirm the acceptance.       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-05): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/10/2026     No 1 C A C A C A C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 53120940 36326121     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 $293.57 exceeds tolerance of $250.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-26): XXXXX
  02/26/2026   No 1 A A A A A A A A A A   LA Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 53120940 36326122     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   Per 1008, AUS/Approve Eligible XXXXX is not provided in file at time of review.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 C A C A C A C A C A   LA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 52684412 36326156     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 $165.00 exceeds tolerance of $0.00.  $165.00 over legal limit.  Insufficient or no cure was provided to the borrower. Appraisal Desk Review Fee was was increased on  the LE dated XX/XX/XX,  No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX
03/19/2026     No 1 C A C A C A C A C A   ID Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 52850450 36326179     Credit Income Document Error Income Bank statement page number is blank. - Business / Account Num: XXXXX month bank statement is missing in file.       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52850450 36326180     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Mortgage statement(s) missing in file for the following to confirm PITI payments.
1. XXXXX,
2. XXXXX
3. XXXXX,
4.  XXXXX,
5.  XXXXX,
6.  XXXXX,
7.  XXXXX.
      Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52850450 36326183     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   CPA impact Letter or lender cash flow analysis is missing for Truist Funds from Business Account# XXXXX.       Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-25): XXXXX


Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/25/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52850450 36326184     Compliance Loan Package Documentation Loan File Incomplete File (Missing Doc) Loan images/file not provided   Rental photo Rental 1, Rental 2 & Rental 3  is missing in appraisal document.       Reviewer Comment (2026-02-18): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/18/2026     No 1 D A D A D A D A D A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52850450 36326185     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   New exception as result of documentation provided, Credit Supplement Noted XXXXX with no delinquency in last 12 months however  XXXXX Statement noted Payment due date of XX/XX/XX with past due amount of $1294.26.. Further clarification and/or supporting Documents require       Reviewer Comment (2026-02-26): XXXXX


Buyer Comment (2026-02-25): XXXXX
02/26/2026     No 1   A   A   A   A   A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54978726 36328665     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-05): XXXXX
03/05/2026     No 1   A   A   A   A   A   NY Investment Refinance - Cash-out - Other   N/A N/A No
[redacted] [redacted] [redacted] [redacted] 50648397 36329084     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   XXXXX Rate Lock is missing.       Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/06/2026     No 1 C A C A C A C A D A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50804096 36492250     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Require Certificate of Good Standing should be within 120 days of Note date.       Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/13/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50804096 36492251     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement is required for Entity.       Reviewer Comment (2026-02-24): XXXXX


Buyer Comment (2026-02-23): XXXXX


Reviewer Comment (2026-02-13): XXXXX


Buyer Comment (2026-02-13): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-11): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
02/24/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50804096 36492253     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Mortgage reflected on Credit for XXXXX #XXXXX shows the last date active is XX/XX/XX but is still showing a balance. Need updated VOM to verify monthly payments have been 0x30. Also acct #XXXXX statement shows late charge and partial payment made, need verification XXXXX through Nov payments made on time. Also Need verif of acct# XXXXX.       Reviewer Comment (2026-03-18): XXXXX


Buyer Comment (2026-03-17): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-10): XXXXX


Reviewer Comment (2026-02-04): XXXXX


Buyer Comment (2026-02-03): XXXXX
03/18/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50804096 36492254     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-04): XXXXX
02/04/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54548519 36492256     Credit Guideline Guideline Issue Guideline Short Term Rental property consistently used as a seasonal or vacation rental (i.e., XXXXX) and evidence of at least 12 months of Operating History is not present in the loan file.   Short Term Rental used consistently as a seasonal or vacation rental requires at least 12 months of Operating History.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-10): XXXXX
03/25/2026     No 1 C A C A C A C A C A   UT Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54548519 36492257     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-19): XXXXX


Reviewer Comment (2026-01-30): XXXXX
03/19/2026     No 1 C A C A C A C A C A   UT Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54548519 36492258     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   DSCR loan. Third party verification (city, county, etc.) required to confirm short term rentals are legally permissible and licensed where applicable.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-02-12): XXXXX


Buyer Comment (2026-02-10): XXXXX
03/20/2026     No 1   A   A   A   A   A   UT Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54548519 36492259     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Provide fully executed Business Purpose & Occupancy Affidavit.  Document located in Seller Guide as Appendix B - Business Purpose & Occupancy Affidavit (the "Affidavit"). Document provided is generic in nature and also reflects borrower may intend to occupy the property for short periods.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-02-10): XXXXX


Buyer Comment (2026-02-10): XXXXX
03/19/2026     No 1   A   A   A   A   A   UT Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52089736 36492301     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-01-27): XXXXX
01/27/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52089736 36492302     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy.   Appraisal report and 1008 reflects property as tenant occupied however lease is missing in file. LTV reduction by 5% (75%-5% = 70%) considered as unleased property.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
01/27/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52089736 36492303     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy.   Appraisal report and 1008 reflects property as tenant occupied however lease is missing in file. CLTV reduction by 5% (75%-5% = 70%) considered as unleased property.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
01/27/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52089736 36492304     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Address on appraisal report reflects as XXXXX instead of XXXXX. Provide Corrected appraisal report with updated address as per Note.       Reviewer Comment (2026-01-27): XXXXX


Buyer Comment (2026-01-26): XXXXX
01/27/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52089736 36492307     Credit Loan Package Documentation Closing / Title Loan Package Documentation Loan has a Prepayment Penalty and the Prepayment Penalty Rider is missing   Prepayment penalty rider is missing in file.       Reviewer Comment (2026-04-13): XXXXX


Buyer Comment (2026-04-10): XXXXX


Reviewer Comment (2026-01-30): XXXXX


Buyer Comment (2026-01-29): XXXXX
04/13/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54408387 36492335     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-02-26): XXXXX
02/26/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54408387 36492339     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of 2.43 is less than Guideline PITIA months reserves of 6.00. Lender exception was noted, please review for acceptability and downgrade consideration. The representative FICO score exceeds the guideline minimum by XX points. 679 vs 640 Originator,SitusAMC,Aggregator Buyer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-13): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
    03/25/2026 Yes 2 C B C B C B C B C B   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54408387 36492340     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Require corrected VOM - Mortgage originated XX/XX/XX paid till XX/XX/XX  as per VOM. Document date is XX/XX/XX However next pay date is incorrectly reflecting as XX/XX/XX instead of XX/XX/XX.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/04/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54408387 36492341     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity XXXXX       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/09/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54408387 36492343     Credit Asset Asset Documentation Asset Asset documentation is missing from the file and required per guidelines.   For Business bank account # XXXXX bank name not reflecting in bank statement. Require updated Copy reflecting bank name.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/04/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 56027728 36492356     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56027728 36492357     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Fraud Report is missing for XXXXX.       Reviewer Comment (2026-03-13): XXXXX


Buyer Comment (2026-03-12): XXXXX
03/13/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56027728 36492358     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Employer Identification Number (EIN) is require for XXXXX.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-24): XXXXX


Buyer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/31/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55297278 36492376     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55297278 36492378     Credit Missing Document General Missing Document Missing Document: Explanation Letter not provided   Unsourced large deposit $ 23,830.72 from account #XXXXX - Require evidence to source the large deposit.       Reviewer Comment (2026-03-12): XXXXX


Buyer Comment (2026-03-10): XXXXX
03/12/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55297278 36492379     Credit Credit Credit Eligibility Credit Credit Issue:  Judgments on credit/title report were not satisfied at closing per loan approval.   As per Title report there are multiple judgments against borrower. We have Email chain where it says few judgments are removed by LOI and only one judgement may be payable. As per Guide - judgments must be paid off prior to or at closing. Title must insure the lien position without exception. Any item secured against the subject must be paid in full or provide updated title omitting them.       Reviewer Comment (2026-03-13): XXXXX


Buyer Comment (2026-03-11): XXXXX
03/13/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492391     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-08): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
04/08/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492392     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   Title Prelim/Commitment is missing.       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-08): XXXXX


Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
04/08/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492393     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided   Closing Protection Letter is required as per guide.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492394     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy is required for the subject property.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492395     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Purchase Agreement / Sales Contract is required for the subject property.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/17/2026     No 1 D A D A D A D A D A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492396     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided   Tax Certificate required for the subject property.       Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
03/17/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492397     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Prepayment Penalty structure Discrepancy noted on Rate lock vs Note Add and Rider. As per Note Add and rider reflects PPP structure as 6 months interest however Rate lock reflects as Declining - 5%/4%/3%. Lender to confirm the correct structure and provide updated doc accordingly.       Reviewer Comment (2026-03-13): XXXXX


Buyer Comment (2026-03-13): XXXXX
03/13/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A Yes
[redacted] [redacted] [redacted] [redacted] 50549865 36492398     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require source to confirm borrower's ownership percent into business XXXXX. Additionally, per Guide , need to confirm unfettered access.       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-07): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX
04/08/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492399     Credit Guideline Guideline Issue Guideline Experience level does not meet the guideline requirements for an experienced investor.   There is no investment property in Final 1003 and Fraud Report. Borrower is a First-time investor. As per Guide - Borrower Must have a minimum of twelve (12) months ownership and management of income-producing residential or commercial real estate within the past 24 months. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

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

SitusAMC

SitusAMC
Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-17): XXXXX
    03/19/2026 Yes 2 C B C B C B C B C B   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50549865 36492400     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   BPC provided was not initialed "property will not be occupied by me or family member"       Reviewer Comment (2026-04-08): XXXXX


Seller Comment (2026-04-08): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX
04/08/2026     No 1 C A C A C A C A C A   AR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58182543 36492402     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58182543 36492404     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   Fraud report not in file for entity XXXXX.       Reviewer Comment (2026-04-13): XXXXX


Buyer Comment (2026-04-10): XXXXX
04/13/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492409     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492410     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-19): XXXXX
03/20/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492412     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Borrower LOX Confirmed No formal Operating agreement Available, however require 1. ownership verification from third party documents like CPA. (Certification of Formation not acceptable source of document for ownership). 2. And evidence that XXXXX does not require an operating agreement for LLC's. i       Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/03/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492413     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazards insurance Coverage Amount is insufficient and does not meet XXXXX  Requirements. Loan amount Can be used provided it equals no less than 80% of the replacement cost value of the improvements. ERC not provided.       Reviewer Comment (2026-03-26): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/26/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492414     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. EV2       Buyer Comment (2026-03-17): XXXXX
    03/17/2026 No 2 B B B B B B B B B B   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58850683 36492415     Credit Property - Appraisal General Appraisal Requirements Property - Appraisal Valuation Error: Appraiser's  state certification or license number not provided.   Appraiser License copy is missing.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-24): XXXXX
03/25/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55367475 36492416     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55367475 36492418     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Business Purpose Cert/Cash-Out Utilization is missing for the subject property.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/25/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55367475 36492419     Credit Credit Miscellaneous Credit Missing Document: Credit Payoff Statement(s) not provided   Mortgage Loan Payoff Statement required for subject mortgage.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/25/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55367475 36492420     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity XXXXX.       Reviewer Comment (2026-03-19): XXXXX


Buyer Comment (2026-03-18): XXXXX
03/19/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52169254 36492427     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52169254 36492429     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   The fraud report provided is for the borrower "individually". Guides require a fraud report for the entity XXXXX.       Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52169254 36492430     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Statement(s) not provided   Missing mortgage statements to verify XXXXX payments paid within month due for XXXXX #XXXXX and XXXXX #XXXXX.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-30): XXXXX
03/31/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59060643 36492446     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-13): XXXXX
04/13/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 59060643 36492449     Credit Credit Credit Documentation Credit Background check is missing. - Fraud report not in file for entity XXXXX.       Reviewer Comment (2026-04-14): XXXXX


Buyer Comment (2026-04-13): XXXXX
04/14/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51784117 36492450     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-17): XXXXX
03/17/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51784117 36492452     Credit Loan Package Documentation Closing / Title Loan Package Documentation Mising Document: Closing Protection Letter not provided.   Closing Protection Letter is missing.       Reviewer Comment (2026-03-24): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51784117 36492454     Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Permanent Resident Aliens with an Alien Registration Card (Green Card) are eligible for financing. Require Alien Registration Card (Green Card) for XXXXX.       Reviewer Comment (2026-03-24): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51784117 36492456     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   For rental verification, a credit supplement, standard VOR completed by a professional management company or 12 months bank statements or canceled
checks are required. Require rental verification for XXXXX and XXXXX as they are staying on rent from past 10 months.
      Reviewer Comment (2026-03-24): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/24/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 51784117 36492457     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Unapproved exception (D0006) available in file stating we feel we meet guidelines. We asked UW help desk for any additional guidance on borrower involved in lawsuit/pending litigation outside of guidelines V8 and we were told to put in for an exception request. Loan file meets all other guidelines, and it does not state in guidelines that these are reviewed on an exception basis. Please advise if any additional documentation is required. Please confirm investor acceptability for downgrade consideration. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-13): XXXXX
    03/16/2026 Yes 2 C B C B C B C B C B   TX Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55034448 36492458     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53164161 36492463     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53164161 36492467     Credit Guideline Guideline Issue Guideline Loan does not meet guideline requirements regarding ADUs.   ADU is acceptable only when requirements are met as per guide. As per Guide - Appraisal does not contain three (3) comparable properties with similar additional accessory units
The subject has guest house. No value has been given to guest house, as its permit could not verified.
      Reviewer Comment (2026-03-30): XXXXX


Buyer Comment (2026-03-30): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX
03/30/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492468     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-04): XXXXX
03/04/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492470     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The security instrument in file is missing " true and certified stamped copy of the original recorded".       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 D A D A D A D A D A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492471     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy.   Lease agreement is missing in file, hence LTV reduction 5% for unleased property 75% - 5% = 70% as per Guideline's requirement.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/25/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492472     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy.   Lease agreement is missing in file, hence LTV reduction 5% for unleased property 75% - 5% = 70% as per Guideline's requirement.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX
03/25/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492473     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Properties are privately held - XXXXX and XXXXX - The privately held mortgage payments must be verified with either cancelled checks or bank statements (if the payment is automatically withdrawn from the borrower's account). XXXXX-No verification provided..       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-02): XXXXX
03/04/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 56845496 36492474     Credit Guideline Guideline Issue Guideline Experience level does not meet the guideline requirements for an experienced investor.   Borrower does not have other investment property, that cover 12 months ownership to meet experience requirement. per subject property was acquired in XX/XX/XX in borrower business name XXXXX, which also does not cover 12 months till closing  per chain of title subject property acquired on XX/XX/XX by XXXXX and per fraud report XXXXX business associated with borrower, however unable to confirm borrower ownership in business, require supporting document of  ownership for  XXXXX or required document supporting 12 months  ownership and management of income-producing residential       Reviewer Comment (2026-04-06): XXXXX


Buyer Comment (2026-04-06): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-12): XXXXX


Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-02): XXXXX
04/06/2026     No 1 C A C A C A C A C A   LA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492488     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Borrower current address is XXXXX, First United #XXXXX, 11  months paid till XX/XX/XX as per Credit report, no delinquency noted, 12-month housing history require as per guidelines.       Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-13): XXXXX
03/16/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492489     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   BPC is missing in file.       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-03): XXXXX
03/04/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492491     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file. No Closing/Escrow Instructions provided.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 B A B A B A B A B A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492492     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Address mismatch, As per note document "XXXXX", as per 1004 appraisal document "XXXXX", Lender to ensure all required documents match property address reflected on title report.
 - Address is missing in title document, hence compared with note document.
      Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492493     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Address mismatch, As per note document "XXXXX", as per CDA document "XXXXX", Lender to ensure all required documents match property address reflected on title report.
 - Address is missing in title document, hence compared with note document.
      Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX
03/27/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492494     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Address mismatch, As per note document "XXXXX", as per insurance document " XXXXX", Lender to ensure all required documents match property address reflected on title report.
 - Address is missing in title document, hence compared with  note document.
      Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
04/03/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492495     Credit System General System Flood Certificate Subject Address does not match Note address.   Address mismatch, As per note document "XXXXX", as per Flood certificate document " XXXXX", Lender to ensure all required documents match property address reflected on title report.
- Address is missing in title document, hence compared with note document.
      Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX


Reviewer Comment (2026-04-01): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX


Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
04/07/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492496     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Closing Statement or Settlement statement is require as a supporting document for Equity On Pending Sale for $74,553.47.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492497     Credit Asset Asset Documentation Asset Insufficient funds for Reserves. Guidelines require   Closing Statement or Settlement statement is require as a supporting document for Equity On Pending Sale for $74,553.47.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492498     Credit Business Purpose General Business Purpose Insufficient funds for Reserves.   Closing Statement or Settlement statement is require as a supporting document for Equity On Pending Sale for $74,553.47.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492499     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Closing Statement or Settlement statement is require as a supporting document for Equity On Pending Sale for $74,553.47.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492500     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Closing Statement or Settlement statement is require as a supporting document for Equity On Pending Sale for $74,553.47.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57154095 36492501     Credit System General System Security Instrument address does not match Note address.   Duplicate exception, please override.       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/07/2026     No 1   A   A   A   A   A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52761889 36492520     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-30): XXXXX
03/30/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 52004290 36492527     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Require updated HOI to reflect correct address as per title "XXXXX" instead of "XXXXX"       Reviewer Comment (2026-03-30): XXXXX


Buyer Comment (2026-03-27): XXXXX
03/30/2026     No 1 C A C A C A C A C A   MA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52004290 36492528     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Guide requires a 12-month housing history on primary residence. As per 1003 borrower resides at "XXXXX" on rent $825 from last 13 years.
However, we do not have rental history for the same.
      Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/08/2026     No 1 C A C A C A C A C A   MA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 55925891 36492529     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-18): XXXXX
03/18/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55925891 36492531     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud report required for both borrower XXXXX & XXXXX.       Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   MA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58027032 36492558     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX: Insurance Verification is missing.       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-09): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
03/10/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492559     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - XXXXX: Insurance Verification & Tax Verification document is missing.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492560     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA Letter is missing to Verify percentage of ownership via reliable third party for XXXXX.

Compliance related
      Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
03/25/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492561     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes. No CU Score provided.       Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
02/17/2026     No 1 D A D A D A D A D A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492563     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Flood Certificate is missing for subject property.       Reviewer Comment (2026-02-09): XXXXX


Buyer Comment (2026-02-06): XXXXX
02/09/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492564     Credit Missing Document General Missing Document Missing Document: CPA Letter not provided   CPA Letter is missing to Verify percentage of ownership via reliable third party for XXXXX.

Credit related
      Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
03/25/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492566     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing. Revised Loan Estimate provided on XX/XX/XX not received by borrower at least four (4) business days prior to closing.       Reviewer Comment (2026-03-09): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/09/2026     No 1 C A C A C A C A C A   FL Primary Purchase No Defined Cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492568     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan designation failure due to ATR failure. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
03/25/2026     No 1 B A C A B A C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58027032 36492569     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to insufficient income documentation. This exception will be cleared once all ATR specific exceptions have been cured/cleared.       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-02-17): XXXXX


Buyer Comment (2026-02-17): XXXXX
03/25/2026     No 1 C A C A C A C A C A   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58027032 36492570     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   LENDER EXCEPTION request due to Mortgage/Rental history in section 8.3 of select 5 guideline but does not have some mortgage history paid through a business account. Compensating Factors are strong reserves & credit. Not a First-Time Homebuyer. Review for acceptance. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

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 representative FICO score exceeds the guideline minimum by at least 40 points.
43 vs 3 SitusAMC,Aggregator

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-01-20): XXXXX


Buyer Comment (2026-01-15): XXXXX
    01/20/2026 Yes 2 C B C B C B C B C B   FL Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 50573833 36492652     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 54382247 36492699     Credit Credit Credit Documentation Credit Credit Report Error: Missing source document for credit/housing history.   Require Mortgage Statement/Payment history for the month of XXXXX for Primary Address - XXXXX XXXXX Mortgage #XXXXX as it is missing in file,
45 days lookback housing history requirement not met.
      Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX
03/27/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 54382247 36492703     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 Underwriting Fee.  Fee Amount of $1,395.00 exceeds tolerance of $1,095.00.  $300.00 over legal limit.  Insufficient or no cure was provided to the borrower. Underwriting Fee was disclosed as $1,095.00 on Initial LE and $1,395.00 on Final CD.  No Evidence of cure and no valid COC provided in file.       Reviewer Comment (2026-03-30): XXXXX


Buyer Comment (2026-03-27): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-26): XXXXX
03/30/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58438101 36492717     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-09): XXXXX
03/09/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492719     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing is missing for XXXXX.       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-06): XXXXX
03/10/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492720     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The security instrument in file is missing " true and certified stamped copy of the original recorded".       Reviewer Comment (2026-03-03): XXXXX
03/03/2026     No 1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492722     Compliance Compliance State Compliance State Defect XXXXX Prepayment Penalty - Business Entity XXXXX Prepayment Penalty: No prepayment penalties are permissible in the state of XXXXX under N.J.S.A. 46:10B-2.  Prepay language states prepay will not exceed maximum permitted by applicable law. XXXXX: restricted to corporations only. EV2 and may be waived       Reviewer Comment (2026-03-04): XXXXX


Buyer Comment (2026-03-04): XXXXX
03/04/2026     No 1 B A B A B A B A B A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492723     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Final 1003 is missing for "XXXXX" 1003 Final changes to be made for Co-borrower in section 3b. Since its mentioned as Primary residence, however it should be investment.       Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-17): XXXXX


Buyer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-06): XXXXX


Buyer Comment (2026-03-05): XXXXX
03/20/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492725     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Title Preliminary not provided   Provide revised title commitment omitting Item #XXXXX and #XXXXX       Reviewer Comment (2026-03-10): XXXXX


Buyer Comment (2026-03-09): XXXXX
03/10/2026     No 1   A   A   A   A   A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58438101 36492726     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Missing fraud report for entity or evidence referenced on the loan participant list with no issue's       Reviewer Comment (2026-03-25): XXXXX


Buyer Comment (2026-03-23): XXXXX


Reviewer Comment (2026-03-20): XXXXX


Buyer Comment (2026-03-18): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-13): XXXXX
03/25/2026     No 1   A   A   A   A   A   NJ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58499784 36492761     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-03-23): XXXXX
03/23/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58499784 36492763     Credit Documents Missing Document Documents File does not contain documentation from lender/seller confirming the condo is warrantable. - Require Condo Warrantable documentation as File does not contain documentation from lender/seller confirming the condo is warrantable.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-03-31): XXXXX


Reviewer Comment (2026-03-27): XXXXX


Buyer Comment (2026-03-25): XXXXX
04/02/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58499784 36492764     Credit System General System Flood Certificate Subject Address does not match Note address.   Require updated Flood certificate to reflect address as per Title "XXXXX" Instead of "XXXXX"       Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58499784 36492765     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Require updated CDA to reflect address as per Title "XXXXX" Instead of "XXXXX"       Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-20): XXXXX
03/23/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 51358116 36492802     Property Valuation Valuation Issue Valuation XXXXX program guidelines require a CDA (Desk Review)   CDA is required, since no score in CU and no two appraisals in file.       Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/03/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51358116 36492805     Credit Guideline Guideline Issue Guideline Red flag warning list hit. Additional review of county required.

Security Instrument County: ___.
Additional review of county required. Security Instrument County: XXXXX.       Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-14): XXXXX
04/16/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51358116 36492806     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty Test XXXXX Investment Test XXXXX SB270: Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law. Mortgage loan contains an impermissible prepayment penalty; however Note or Prepay Addendum provides specific language that prepayment penalty will not exceed maximum permitted by applicable law.       Buyer Comment (2026-03-31): XXXXX
    03/31/2026 No 2 B B B B B B B B B B   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51358116 36492807     Credit Guideline General Guideline DSCR does not meet guideline requirements.   Borrower must have a minimum of twelve (12) months ownership and management of income-producing residential or commercial real estate within the past 24 months. At least one borrower must meet the experience requirement.       Reviewer Comment (2026-04-14): XXXXX


Buyer Comment (2026-04-13): XXXXX


Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-07): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/14/2026     No 1 C A C A C A C A C A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 51358116 36492808     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The report on XXXX is just a credit report-based report and does not include OFAC and exclusionary checks.       Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/03/2026     No 1   A   A   A   A   A   MD Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57763509 36492810     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   File must have a Collateral Desktop Analysis (CDA) with or without MLS from XXXXX, an Appraisal Risk Review (AAR) from XXXXX
or an Interior/Exterior Broker Price Opinion (BPO) for each loan with no collateral underwriter (CU) score or score greater than 2.5 that does not include two
appraisals. other property CDA provided.
      Reviewer Comment (2026-04-16): XXXXX


Buyer Comment (2026-04-15): XXXXX
04/16/2026     No 1 D A D A D A D A D A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57763509 36492812     Credit Loan Package Documentation Closing / Title Loan Package Documentation Title search shows negative impact on title.   Title Report noted XXXXX Tax lien IAO $2,525.60 and XXXXX Tax lien IAO $2,803.84. Per Guideline  must be paid off Prior to or at closing. Paid off or released evidence is missing       Reviewer Comment (2026-04-17): XXXXX


Buyer Comment (2026-04-15): XXXXX
04/17/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 54072989 36492862     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 54072989 36492864     Compliance Note General Missing, Incorrect, or Incomplete Note Prepayment Penalty Discrepancy   There is no Prepayment addendum and prepayment rider and also on Security Instrument Prepayment rider is not marked as yes, however rate lock and final cd shows that there is prepayment.       Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-13): XXXXX
04/15/2026     No 1 B A B A B A B A B A   NV Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 50795781 36492992     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50795781 36492994     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   Require updated HOI to reflect correct city name as per Title "XXXXX" Instead of "XXXXX"       Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/03/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 50254690 36493002     Credit Guideline General Guideline DSCR does not meet guideline requirements.   As per appraisal photos and comments there is Damaged Siding & Peeling Paint. Lender to confirm acceptance.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-07): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 50254690 36493003     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Per guidelines, funds from a business account #XXXXX (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business or meets and missing evidence of access to funds for XXXXX. Evidence of unfettered access.       Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/09/2026     No 1 C A C A C A C A C A   TX Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52214373 36493004     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Fraud Report is missing for XXXXX.       Reviewer Comment (2026-04-07): XXXXX


Buyer Comment (2026-04-03): XXXXX
04/07/2026     No 1 C A C A C A C A C A   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 52214373 36493006     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   XXXXX, Investment, XXXXX #XXXXX, 59 months open dt XX/XX/XX paid till XX/XX/XX as per Credit Report. XX/XX/XX mortgage statement, missing payment history for months XX/XX/XX and XX/XX/XX.       Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/03/2026     No 1 C A C A C A C A C A   TN Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58044210 36493013     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   Collateral Desktop Analysis (CDA)  is required as there is no  CU risk score in the file.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/02/2026     No 1 D A D A D A D A D A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58044210 36493015     Credit Guideline Guideline Issue Guideline "Other" housing history reflects lates that do not meet guidelines.   XXXXX - New mortgage with acct #XXXXX 1 Month Mortgage statement dated XX/XX/XX is verified. Missing XX/XX/XX and 0XX/XX/XX Previous mortgage possible private party per property report for 50k not documented .       Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/15/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 59929564 36493067     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-06): XXXXX
04/06/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59929564 36493070     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.   HOI Noted address "XXXXX" whereas title report and Note reflects address "XXXXX" Lender to ensure all required documents match property address reflected on title report.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-01): XXXXX
04/02/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59929564 36493071     Credit Credit Credit Documentation Credit No evidence of fraud report in file   For loans vested in an entity, a report is required for all members of the entity and the entity should be included as a participant that is compared against industry watch and exclusionary lists. Individual Fraud report did not list entity as participant.       Reviewer Comment (2026-04-02): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/02/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 59929564 36493072     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided           Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-15): XXXXX


Reviewer Comment (2026-04-03): XXXXX


Buyer Comment (2026-04-02): XXXXX
04/15/2026     No 1   A   A   A   A   A   OH Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53742915 36493083     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53742915 36493084     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-04-08): XXXXX
04/08/2026     No 1 A A A A A A A A A A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53742915 36493085     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   Fraud report or participating list is missing for business entity XXXXX.       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/08/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53742915 36493086     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   The preliminary title report in file disclosed $XXXXX of title insurance coverage; however, this is less than the loan amount of $XXXXX.  Provide a copy of the final title policy or a supplemental title report verifying title insurance of at least the loan amount. No full loan amount in Closing Instructions and no Escrow Instructions provided       Reviewer Comment (2026-04-08): XXXXX


Buyer Comment (2026-04-06): XXXXX
04/08/2026     No 1 B A B A B A B A B A   NY Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 58958342 36493150     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-16): XXXXX
04/16/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 52068523 36493177     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   DSCR Calculation Worksheet is missing in file.       Reviewer Comment (2026-03-31): XXXXX


Buyer Comment (2026-03-30): XXXXX
03/31/2026     No 1 C A C A C A C A D A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57196498 36493187     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   As per guide, a third-party fraud report is required for the entity XXXXX.       Reviewer Comment (2025-12-10): XXXXX


Buyer Comment (2025-12-08): XXXXX
12/10/2025     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57196498 36493188     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Note Addendum - Prepayment not provided   Prepayment Penalty Addendum shows prepayment period as 60 months and 2 years term; however, Closing Disclosure & Rate lock shows 5 years declining structure and 5 years term. Require updated prepayment penalty addendum with correct prepayment penalty structure & term. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-03-23): XXXXX


Buyer Comment (2026-03-20): XXXXX


Reviewer Comment (2026-03-16): XXXXX


Buyer Comment (2026-03-16): XXXXX


Reviewer Comment (2026-03-02): XXXXX


Buyer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-26): XXXXX


Reviewer Comment (2026-02-25): XXXXX


Buyer Comment (2026-02-25): XXXXX
03/23/2026     No 1 C A C A C A C A C A   GA Investment Purchase     N/A Yes
[redacted] [redacted] [redacted] [redacted] 57196498 36493189     Credit Credit Guideline Issue Credit Taxes are not appropriately escrowed.   Per the CD and First payment letter county taxes are $XXXXX and city taxes are $XXXXX=$XXXXX. Per tax certs provided county taxes are $XXXXX and city taxes are $XXXXX=$XXXXX. Please clarify taxes.       Reviewer Comment (2025-11-24): XXXXX


Buyer Comment (2025-11-20): XXXXX
11/24/2025     No 1 C A C A C A C A C A   GA Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56660186 36827628     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Guidelines require $7,196.34 of reserves, and verified reserves are $6,037.58. Require additional funds to meet the reserves requirement. HOI was paid outside of closing but we do not have proof of payment, just an invoice showing it was paid with a check. Client to review for acceptability. The representative FICO score exceeds the guideline minimum by at least 40 points. 739 vs 680 SitusAMC,Aggregator Reviewer Comment (2026-04-28): XXXXX


Buyer Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-20): XXXXX


Buyer Comment (2026-04-16): XXXXX
    04/28/2026 Yes 2 C B C B C B C B C B   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 56660186 36827629     Credit Guideline Guideline Issue Guideline Experience level does not meet the guideline requirements for an experienced investor.   REO property is given on Fraud report however unable to identify Occupancy for the same. Borrower must have a minimum of twelve (12) months ownership and management of
income-producing residential or commercial real estate within the past 24 months.
      Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-09): XXXXX


Buyer Comment (2026-04-08): XXXXX
04/15/2026     No 1 C A C A C A C A C A   NY Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 57071637 36827759     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-27): XXXXX
04/27/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57071637 36827761     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Cash-Out Utilization is required.       Reviewer Comment (2026-04-22): XXXXX


Buyer Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 57071637 36827762     Credit Credit Credit Documentation Credit Absence of Business Purpose Certificate and/or Non-Owner Occupancy Declaration and/or UW Business Purpose Analysis and thus casts doubt on the business purpose of the loan.   Business Purpose Certificate provided but is not signed       Reviewer Comment (2026-04-22): XXXXX


Buyer Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 53319645 36827834     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-22): XXXXX
04/24/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other     N/A No
[redacted] [redacted] [redacted] [redacted] 55251552 36827908     Credit Guideline Guideline Issue Guideline Enhanced diligence review is being conducted on this loan.           Reviewer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55251552 36827910     Compliance Compliance State Compliance State Defect XXXXX SB270 Prepayment Penalty XXXXX Investment Test XXXXX SB270:  Alternate prepayment penalty testing methodology utilized under §12-105(c)(4) allowing prepays over prescribed limits to be treated as interest, with amounts under the limit not as interest.  Alternate testing was deemed acceptable by XXXXX outside counsel given the ambiguity in the state law.         Buyer Comment (2026-04-17): XXXXX
    04/17/2026 No 2 B B B B B B B B B B   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55251552 36827911     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Lender Exception Requested: First 3 months of rent were discounted to the tenant for carpet cleaning. Lease in place is $1,900 so first 3 months should have totaled $5,600. Rents received for the first 3 months is $5,000 ($1,667). Rents moving forward will be at the full amount.
Compensating Factors: Experienced investor 11+ yrs, over 100K in reserves, excellent credit, over 1.2 DSCR, long-term lease in place, Deal still works and has over a 1.1 DSCR if we used lower ($1,667) rent received. Lender to confirm acceptance.
      Reviewer Comment (2026-04-20): XXXXX


Buyer Comment (2026-04-20): XXXXX
04/20/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 55251552 36827912     Credit Credit Credit Documentation Credit No evidence of fraud report in file   Missing entity fraud report.Not found on participating list.       Reviewer Comment (2026-04-22): XXXXX


Buyer Comment (2026-04-21): XXXXX
04/22/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Rate/Term     N/A No
[redacted] [redacted] [redacted] [redacted] 57506836 36827917     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Require CPA letter :Funds from a business account (if the Borrower is the sole owner of the company or the other owner is the non-borrowing spouse and the company's CPA or licensed tax preparer provides a statement indicating withdrawal of the funds will not negatively impact the business, account #XXXXX & #XXXXX.       Reviewer Comment (2026-04-29): XXXXX


Buyer Comment (2026-04-28): XXXXX
04/29/2026     No 1 C A C A C A C A C A   OR Investment Purchase     N/A No
[redacted] [redacted] [redacted] [redacted] 58692511 36828016     Compliance Compliance Federal Compliance GSE XXXXX - 3% Points and Fees XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97506% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4139.00 (XXXXX). Points and Fees total $4,784.98 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,139.00 and $4139.00 (XXXXX) (an overage of $645.98 or 4.97506%). EV2 informational       Buyer Comment (2026-04-20): XXXXX
    04/20/2026 No 2 B B B B B B B B B B   NE Primary Purchase LOE, copy of check and proof of mailing/delivery. Note: Testing is optional based on deal settings. Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58692511 36828019     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of $175.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-16): XXXXX
  04/16/2026   No 1 A A A A A A A A A A   NE Primary Purchase Final CD evidences Cure Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 58692511 36828021     Credit Loan Package Documentation Closing / Title Loan Package Documentation Loan Title Outstanding Lien   Seller's Mortgage in the amount of $5,595.10 dated XX/XX/XX recorded XX/XX/XX Bk. XXXXX reflecting on Sch B Requirements section. Need release/satisfaction copy to check if its been paid in full. Mortgage is not reflected on the Seller CD as being paid off.       Reviewer Comment (2026-04-22): XXXXX


Buyer Comment (2026-04-21): XXXXX
04/22/2026     No 1 B A B A B A B A B A   NE Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51125058 36828075     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 $8,157.05 exceeds tolerance of $8,100.00.  $57.05 over legal limit.  Insufficient or no cure was provided to the borrower. Loan Discount Fee was disclosed as $8,100 on Initial LE and $8157.05 on Final CD. No COC or cure provided.       Reviewer Comment (2026-04-21): XXXXX


Buyer Comment (2026-04-20): XXXXX
04/21/2026     No 1 C A C A C A C A C A   OK Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51125058 36828076     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 Extension Fee.  Fee Amount of $2,039.26 exceeds tolerance of $2,025.00.  $14.26 over legal limit.  Insufficient or no cure was provided to the borrower. Lock extension Fee was disclosed as $2,025  on Initial CD and $2,039.26. on Final CD. No COC or cure provided.       Reviewer Comment (2026-04-21): XXXXX


Buyer Comment (2026-04-20): XXXXX
04/21/2026     No 1 C A C A C A C A C A   OK Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 51125058 36828077     Compliance Compliance State Compliance State HPML (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) XXXXX Higher-Priced Mortgage Loan: APR on subject loan of 10.29038% or Final Disclosure APR of 10.37100% is equal to or greater than the threshold of APOR 6.02% + 1.5%, or 7.52000%.  Compliant Higher Priced Loan. Compliant Higher Priced Loan.       Buyer Comment (2026-04-21): XXXXX
    04/21/2026 No 2 B B B B B B B B B B   OK Primary Purchase No obvious cure Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51125058 36828078     Credit Credit Credit Documentation Credit No Housing History or Less Than 12 Months Verified. 6 Months reserves required per guidelines. Review data and set applicable exception.   Borrower current primary housing verification is less than 12 months , as per guidelines  requires a 12-month housing history on primary residence.       Reviewer Comment (2026-04-28): XXXXX


Buyer Comment (2026-04-24): XXXXX
04/28/2026     No 1 C A C A C A C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 51125058 36828079     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   1008 reflects debts total 12,612 and we have 10,435. Difference = $2,177 XXXX, XXXX, and XXXX shows deposits into business bank statement for this amount from XXXXX.  Can not locate any other documentation showing it is a debt. Did not add to DTI. Need updated 1008 or proof of debt.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 C A C A C A C A C A   OK Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57750052 36828108     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Require XXXXX checking account ending with #XXXXX to meet the closing and reserve.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-24): XXXXX


Reviewer Comment (2026-04-23): XXXXX


Buyer Comment (2026-04-22): XXXXX


Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/24/2026     No 1 C A C A C A C A C A   KY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 57750052 36828109     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank XXXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-24): XXXXX


Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/24/2026     No 1 B A C A B A C A B A   KY Primary Purchase Lender to provide updated ATR/QM Loan Designation Non QM Non QM Yes
[redacted] [redacted] [redacted] [redacted] 57750052 36828110     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank XXXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-24): XXXXX


Reviewer Comment (2026-04-15): XXXXX


Buyer Comment (2026-04-14): XXXXX


Reviewer Comment (2026-04-10): XXXXX


Buyer Comment (2026-04-09): XXXXX
04/24/2026     No 1 C A C A C A C A C A   KY Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828121     Credit System General System Flood Certificate Subject Address does not match Note address.   Flood Certificate Subject Address XXXXX does not match Title address XXXXX. Lender to ensure all required documents match property address reflected on title report.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828122     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Appraisal Transfer Letter is missing.       Reviewer Comment (2026-04-29): XXXXX


Buyer Comment (2026-04-28): XXXXX


Reviewer Comment (2026-04-27): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/29/2026     No 1 B A B A B A B A B A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828123     Property Property - Appraisal Appraisal Data Integrity Property - Appraisal Appraiser's license or certification was not active at the time of the appraisal.   Appraiser's renewed license is required for appraiser XXXXX (doc id 0144 ).       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX


Buyer Comment (2026-04-22): XXXXX
04/24/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828124     Credit Guideline Guideline Issue Guideline Housing history reflects lates that do not meet guidelines   1. XXXXX, Investment, XXXXX #XXXXX: missing payment document for XX/XX/XX.
2. Primary VOM required and 1003 reflects rent free. Unable to determine if the property is owned free & clear. Per guidelines, Borrowers who have lived in a rent-free situation are ineligible. If a Borrower has lived in a temporarily rent-free situation for a time period of three (3) months or less, and the prior twelve (12) months can be documented, this is acceptable (example: Borrower sold residence then lived with family rent-free until a new home was available).  Borrowers whose spouse has the mortgage in only their name but can verify payments are coming from a joint account or who have other mortgaged properties with satisfactory most recent 12 month pay histories are excluded from rent free restrictions.  Borrowers with a primary home that is owned free and clear are also exempt from this requirement.
      Reviewer Comment (2026-04-29): XXXXX


Buyer Comment (2026-04-27): XXXXX


Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-22): XXXXX
04/29/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828125     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 B A B A B A B A B A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828126     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower within 3 days of closing was not provided.  Waiver not provided.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 B A B A B A B A B A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828127     Compliance Compliance Federal Compliance Federal HPML Federal HPML XXXXX Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 9.43969% or Final Disclosure APR of 9.48800% is equal to or greater than the threshold of APOR 6.12% + 2.5%, or 8.62000%.  Non-Compliant Higher Priced Mortgage Loan. HPML requirements not met.  Subject address and lender on appraisal are incorrect.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828128     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank XXXXX): Safe Harbor requirements not satisfied.         Reviewer Comment (2026-04-29): XXXXX


Reviewer Comment (2026-04-27): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/29/2026     No 1 B A B A B A B A B A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828129     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828130     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 C A C A C A C A C A   GA Primary Purchase   Non QM Non QM No
[redacted] [redacted] [redacted] [redacted] 58032327 36828132     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-04-24): XXXXX


Buyer Comment (2026-04-23): XXXXX
04/24/2026     No 1 B A B A B A B A B A   GA Primary Purchase   Non QM Non QM No