TPR Firm:		Report Date:	7/9/2026
Client Name:	Loan Funding Structure IX LLC	Report:	Exception Report
Deal Name:	BRAVO 2026-NQM7	Loans in report:	72

Incenter Loan ID

Client Loan ID

Seller Loan ID

Investor Loan ID

Overall Initial Loan Grade

Overall Final Loan Grade

Credit Initial Loan Grade

Credit Current/Final Loan Grade

Compliance Initial Loan Grade

Compliance Current/Final Loan Grade

Property Initial Loan Grade

Property Current/Final Loan Grade

Queue

Finding Code

Date Created

Date Modified

Finding Status

Event Level

Initial Finding Grade

Current/Final Finding Grade

Finding Category

Finding Sub Category

Finding Name

Finding Comments

Seller Comments

Resolution Comments

Reviewer Comp Factor

Originator Comp Factors

Finding Documents

Originator QM Status

Final Reviewed QM Status

Loan Amount

Property State

Occupancy

Loan Purpose

Refinance Purpose

Acknowledged / WaivedBy

Waiver in File?

XXX

Closed

FCRE6737

2026-01-16 17:07

2026-01-29 16:03

Resolved

1 - Information

Credit

Missing Doc

Missing Letter of
Explanation (Income)

Resolved-Received Lender LOX regarding lack of deposits. - Due Diligence Vendor-01/29/2026
Ready for Review-Document Uploaded. please see attached and let us know if anything further is
needed. Thank you. - Seller-01/28/2026
Open-Missing Letter of Explanation reflection the reason for the absence of deposits in Account #XXX
for the months of XXX, XXX, XXX, XXX, and XXX. - Due Diligence Vendor-01/16/2026

Ready for Review-Document Uploaded. please see attached and let us know if anything further is needed. Thank
you. - Seller-01/28/2026

Resolved-Received Lender LOX regarding lack of deposits. - Due Diligence Vendor-01/29/2026

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90%

XXX Business Analysis.pdf

Non-QM: Lender
documented all ATR UW
factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM8805

2026-01-16 16:57

2026-01-28 16:58

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/28/2026
Ready for Review-Document Uploaded. please see attached. authorization prior to XXX credit report and then reauthorization was obtained on XXX. let us know if you need anything else.
thank you. - Seller-01/28/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/16/2026

Ready for Review-Document Uploaded. please see attached. authorization prior to November credit report
and then reauthorization was obtained on XXX. let us know if you need anything else.
thank you. - Seller-01/28/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/28/2026

XXXCreditAuthorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE5116

2026-01-20 19:36

2026-01-26 21:30

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Received documentation to support borrower considered living rent free - rent free letter provided. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. see attached to explain rent free letter and LOX from borrower for $XXX to support taxes and insurance
where he currently rents. also provided exception form to explain why letter in file along with rent free letter. - Seller-01/26/2026
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOR. Provided LOE from the borrower reflect the
borrower pays $XXX in rent which contradicts the LOE from another reflecting the borrower lives rent free. - Due Diligence Vendor-01/21/2026

Ready for Review-Document Uploaded. see attached to explain rent free letter and LOX from borrower for $XXX to support taxes and insurance where he currently rents. also provided exception form to explain why letter in file along with rent free letter. - Seller-01/26/2026

Resolved-Received documentation to support borrower considered living rent free - rent free letter provided. - Due Diligence Vendor-01/27/2026

XXXRentFreeLetterLOX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM1003

2025-12-30 13:36

2026-01-08 11:44

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Special Warranty Deed that reflects XXX as Grantor and XXX as Grantee. - Due Diligence Vendor-01/08/2026
Ready for Review-Document Uploaded. warranty deed from XXX to XXX - Seller-01/08/2026
Open-As per the title, currently vested entity is XXX. However, property seller on warranty deed & contract of sale is XXX. Missing warranty deed from XXX to XXX to confirm vesting. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. warranty deed from XXX to XXX - Seller-01/08/2026

Resolved-Received Special Warranty Deed that reflects XXX as Grantor and XXX as Grantee. - Due Diligence Vendor-01/08/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90%

350 deed recorded.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1168

2025-12-30 12:57

2026-01-08 10:05

Resolved

1 - Information

Credit

Insurance

Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided

Resolved-Received master insurance policy. - Due Diligence Vendor-01/08/2026
Ready for Review-Document Uploaded. property is townhome and has Master Insurance for the project. Buyer only needed the walls in coverage (HO6). See master insurance policy. - Seller-01/07/2026
Open-Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage Amount of $XXX is less than all Subject Lien(s) and/or Replacement Cost Estimator is provided but Hazard Insurance Coverage Amount is less than Replacement Cost Value of $ Missing evidence of sufficient Hazard Insurance. Documentation submitted reflects dwelling coverage in the amount of $XXX with a loan amount of $XXX. Replacement Cost Estimator not submitted. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. property is townhome and has Master Insurance for the project. Buyer only needed the walls in coverage (HO6). See master insurance policy. - Seller-01/07/2026

Resolved-Received master insurance policy. - Due Diligence Vendor-01/08/2026

XXX-Townhomes-Owners-Association-Inc-_25-26-EOI_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE6843

2026-01-05 17:45

2026-01-07 15:07

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Documentation received, funds to close updated.  - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. XXX and XXX CD's from closing showing cash to close.  Buyer has sufficient funds to closing in his XXX #XXX and XXX #XXX accounts - Seller-01/07/2026
Open-Missing evidence of Funds required for closing for 2 Simultaneous Loans Closing for new financing with XXX, xxXXX & xxXXX. Unable to determine if sufficient assets are available for funds to close and reserves.  - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded.XXX and XXX CD's from closing showing cash to close. Buyer has sufficient funds to closing in his XXX #XXX and XXX #XXX accounts - Seller-01/07/2026

Resolved-Documentation received, funds to close updated. - Due Diligence Vendor-01/07/2026

XXX_CD.pdf
XXX_CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE7497

2025-12-30 16:28

2026-01-07 15:06

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. XXX credit supplement verifying PITI and HOA dues. XXX and XXX CD's showing PITIA. - Seller-01/07/2026
Open-1) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. Subject to recalculation of DTI.
2) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI.
3) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. XXX credit supplement verifying PITI and HOA dues. XXX and XXX CD's showing PITIA. - Seller-01/07/2026

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026

Credit supplement_PITI_XXX_XXX.pdf
XXX_CD.pdf
XXX_CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1296

2026-01-05 17:32

2026-01-07 15:06

Resolved

1 - Information

Credit

Income/Employment

Income 5 Months Income Verified is Missing

Resolved-Documentation received.  Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. updated 1008 & URLA adding Mtg debt for XXX.  No rental income used.  Please note vesting for XXX is in LLC name. - Seller-01/07/2026
Open-Income 5 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX.  If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.)  - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. updated 1008 & URLA adding Mtg debt for XXX. No rental income used. Please note vesting for XXX is in LLC name. - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1295

2026-01-05 17:32

2026-01-07 15:05

Resolved

1 - Information

Credit

Income/Employment

Income 4 Months Income Verified is Missing

Resolved-Documentation received.  Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. updated 1008 & URLA adding Mtg debt for XXX.  No rental income used.  Please note vesting for XXX is in LLC name. - Seller-01/07/2026
Open-Income 4 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX.  If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.)  - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. updated 1008 & URLA adding Mtg debt for XXX No rental income used. Please note vesting for XXX is in LLC name. - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1223

2026-01-05 17:13

2026-01-07 11:34

Resolved

1 - Information

Compliance

Closing

The Deed of Trust is Not Executed

Resolved-Received fully executed Mortgage. - Due Diligence Vendor-01/07/2026

Ready for Review-Document Uploaded. executed MTG - Seller-01/07/2026

Open-The Deed of Trust is Not Executed - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. executed MTG - Seller-01/07/2026

Resolved-Received fully executed Mortgage. - Due Diligence Vendor-01/07/2026

XXX recorded MTG.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1003

2026-01-05 18:13

2026-01-08 11:42

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Special Warranty Deed that reflects XXX as Grantor and XXX as Grantee. - Due Diligence Vendor-01/08/2026
Ready for Review-Document Uploaded. warranty deed from XXX to XXX - Seller-01/08/2026
Open-As per the title, currently vested entity is XXX However, property seller on warranty deed & contract of sale is XXX. Missing warranty deed from XXX to XXX to confirm vesting. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. warranty deed from XXX to XXX - Seller-01/08/2026

Resolved-Received Special Warranty Deed that reflects XXX as Grantor and XXX as Grantee.
- Due Diligence Vendor-01/08/2026

XXX deed recorded.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1168

2025-12-30 14:21

2026-01-08 10:06

Resolved

1 - Information

Credit

Insurance

Inadequate Hazard Insurance Coverage - Hazard Insurance Coverage is less than all Subject Lien(s) and Replacement Cost Value Provided

Ready for Review-Document Uploaded. property is townhome and has Master Insurance for the project. Buyer only needed the walls in coverage (HO6). See master insurance policy. - Seller-01/07/2026

Resolved-Received master insurance policy. - Due Diligence Vendor-01/08/2026

XXX-Townhomes-Owners-Association-Inc-_25-26-EOI_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE6843

2026-01-05 18:14

2026-01-07 15:20

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Documentation received, funds to close updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. CD's for XXX and XXX Buyer has sufficient funds to close on these and subject property with funds from his XXX #XXX and XXX #XXX accounts. - Seller-01/07/2026
Open-Missing evidence of Funds required for closing for 2 Simultaneous Loans Closing for new financing with XXX, xxXXX & xxXXX. Unable to determine if sufficient assets are available for funds to close and reserves. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. CD's for XXX and XXX. Buyer has sufficient funds to close on these and subject property with funds from his XXX #XXX and XXX #XXX accounts. - Seller-01/07/2026

Resolved-Documentation received, funds to close updated. - Due Diligence Vendor-01/07/2026

XXX_CD.pdf
XXX_CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE7497

2025-12-30 15:45

2026-01-07 15:20

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. XXX credit supplement for XXX showing PITI. XXX CD showing PITIA and XXX CD showing PITIA - Seller-01/07/2026
Open-1) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. Subject to recalculation of DTI.
2) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI.
3) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. XXX credit supplement for XXX showing PITI. XXX CD showing PITIA and XXX CD showing PITIA - Seller-01/07/2026

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026

Credit supplement_PITI_XXX_XXX.pdf
XXX_CD.pdf
XXX_CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1296

2026-01-05 18:07

2026-01-07 15:18

Resolved

1 - Information

Credit

Income/Employment

Income 5 Months Income Verified is Missing

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX, not using rental income. Please note XXX has vesting in LLC - Seller-01/07/2026
Open-Income 5 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX. If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.) - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX, not using rental income. Please note XXX has vesting in LLC - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1295

2026-01-05 18:07

2026-01-07 15:18

Resolved

1 - Information

Credit

Income/Employment

Income 4 Months Income Verified is Missing

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mtg, not using rental income. Please note XXX has vesting in LLC - Seller-01/07/2026
Open-Income 4 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX. If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.) - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mtg, not using rental income. Please note XXX has vesting in LLC - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1637

2025-12-30 15:03

2026-01-13 09:29

Resolved

1 - Information

Credit

Insurance

Loss Rent Insurance is required

Resolved-Received HOI policy reflecting sufficient Rent Loss coverage. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded. Homeowners insurance showing rent loss coverage of $XXX - Seller-01/13/2026
Open-Loss Rent Insurance is required Missing evidence of rent loss coverage. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. Homeowners insurance showing rent loss coverage of $XXX - Seller-01/13/2026

Resolved-Received HOI policy reflecting sufficient Rent Loss coverage. - Due Diligence Vendor-01/13/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

XXX 5069 hazard eoi.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FSER1174

2026-01-05 18:45

2026-01-09 14:25

Resolved

1 - Information

Servicing

Additional Information

Property is in a flood zone, however flood insurance is not impounded and is not maintained by the master insurer

Resolved-Received revised closing documentation reflecting flood insurance as escrowed. - Due Diligence Vendor-01/09/2026
Ready for Review-Document Uploaded. see post close CD including flood insurance in escrow and proof of delivery to borrower. - Seller-01/09/2026
Counter-Received duplicate information already included in loan file which is insufficient to clear condition as Flood insurance must be escrowed regardless of escrow waiver or LTV. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. flood insurance - Seller-01/07/2026
Open-Missing evidence Flood Insurance is escrowed with subject transaction. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. see post close CD including flood insurance in escrow and proof of delivery to borrower. - Seller-01/09/2026

Ready for Review-Document Uploaded. flood insurance - Seller-01/07/2026

Resolved-Received revised closing documentation reflecting flood insurance as escrowed. - Due Diligence Vendor-01/09/2026

Flood Insurance.pdf

correct closing documents.pdf

delivery receipt.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1296

2026-01-05 18:36

2026-01-07 15:31

Resolved

1 - Information

Credit

Income/Employment

Income 5 Months Income Verified is Missing

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mortgage and 0 rental income. Please note XXX is vesting in LLC - Seller-01/07/2026
Open-Income 5 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX. If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.) - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mortgage and 0 rental income. Please note XXX is vesting in LLC - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1295

2026-01-05 18:36

2026-01-07 15:31

Resolved

1 - Information

Credit

Income/Employment

Income 4 Months Income Verified is Missing

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mortgage and 0 rental income. Please note XXX is vesting in LLC - Seller-01/07/2026
Open-Income 4 Months Income Verified is Missing Missing supporting documentation used to calculate rental income/loss for property located at XXX. If lender is not using rental income, the total PITIA for property is to be used as a negative for DTI calculation (updated 1008 & URLA would be required.) - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. Updated 1008 & URLA with XXX mortgage and 0 rental income. Please note XXX is vesting in LLC - Seller-01/07/2026

Resolved-Documentation received. Rental Loss Income for XXX updated. - Due Diligence Vendor-01/07/2026

1008_URLA_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE7497

2025-12-30 16:36

2026-01-07 15:30

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. XXX credit supplement for XXX mtg showing payment is PITI. CD for XXX and XXX showing PITI payment. - Seller-01/07/2026
Open-1) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. Subject to recalculation of DTI.
2) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI.
3) Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for property located at: XXX. This is new financing with XXX xxXXX. Subject to recalculation of DTI. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. XXX credit supplement for XXX showing payment is PITI. CD for XXX and XXX showing PITI payment. - Seller-01/07/2026

Resolved-Documentation received, information for REO updated. - Due Diligence Vendor-01/07/2026

Credit supplement_PITI_XXX_XXX.pdf
XXX_CD.pdf
XXX_CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE8611

2026-01-05 18:44

2026-01-07 11:18

Resolved

1 - Information

Credit

Income/Employment

Income/Employment General

Resolved-Received Certificate of Good Standing and EIN documentation. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. EIN approval letter and Cert of Status/Good Standing for XXX - Seller-01/07/2026
Open-Missing the following documentation for a Business/LLC Entity for XXX per guidelines 1) Tax Identification Number, and 2) Certificate of Good Standing. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. EIN approval letter and Cert of Status/Good Standing for XXX - Seller-01/07/2026

Resolved-Received Certificate of Good Standing and EIN documentation. - Due Diligence Vendor-01/07/2026

XXX_EIN letter.pdf
Certificate of Status_XXX LLC - 2025.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM8807

2025-12-24 17:23

2026-01-07 20:29

Resolved

1 - Information

Compliance

Missing Doc

Missing Appraisal Acknowledgement

Resolved-Borrower waived right to have a minimum of three business days after receipt to review Appraisal Report.  - Due Diligence Vendor-01/08/2026
Ready for Review-Borrower waived his right to receive a copy of the appraisal at least 3 days prior to closing.  I uploaded the document for your review. - Seller-01/07/2026
Counter-Appraisal is in file and according to the Final Closing Disclosure in file Issued XXX an Appraisal Fee was charged to the Borrower. Need Appraisal Acknowledgement.  - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Please see attached - borrower waived right to receive appraisal - Seller-01/07/2026
Open- - Due Diligence Vendor-12/24/2025

Ready for Review-Borrower waived his right to receive a copy of the appraisal at least 3 days prior to closing. I uploaded the document for your review. - Seller-01/07/2026

Ready for Review-Document Uploaded. Please see attached - borrower waived right to receive appraisal - Seller-01/07/2026

Resolved-Borrower waived right to have a minimum of three business days after receipt to review Appraisal Report. - Due Diligence Vendor-01/08/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90%
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

XXX WAIVED right to receive appraisal.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE2371

2025-12-29 17:36

2025-12-30 18:06

Resolved

1 - Information

Credit

Missing Doc

Missing final HUD-1 from sale of non-subject property

Resolved-Received CD from sale of XXX reflecting proceeds of $XXX. - Due Diligence Vendor-12/30/2025
Ready for Review-Document Uploaded. - Seller-12/30/2025
Open-Missing CD for the sale of XXX reflecting $XXX. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/30/2025

Resolved-Received CD from sale of XXX reflecting proceeds of $XXX. - Due Diligence Vendor-12/30/2025

XXX CD from sale of XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FVAL9739

2025-12-26 13:09

2025-12-30 18:05

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting evidence of AIR Compliance. - Due Diligence Vendor-12/30/2025
Ready for Review-Document Uploaded. - Seller-12/30/2025
Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser. - Due Diligence Vendor-12/26/2025

Ready for Review-Document Uploaded. - Seller-12/30/2025

Resolved-Received supporting evidence of AIR Compliance. - Due Diligence Vendor-12/30/2025

AIR Cert.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM8805

2025-12-30 11:06

2026-01-22 14:08

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026
Ready for Review-Document Uploaded.  - Seller-01/22/2026
Counter-Lender commentary received, however insufficient to clear condition. Reached out to Lender via email. - Due Diligence Vendor-01/20/2026
Ready for Review-The credit report was ordered XXX and later reissued on XXX  - Seller-01/20/2026
Counter-Received lender authorization, however it is dated after the date of the credit pull. Still missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded.  - Seller-01/12/2026
Counter-Received lender authorization, however it is dated after the date of the credit pull. Still missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/06/2026
Ready for Review-Document Uploaded.  - Seller-01/06/2026
Open-Credit report dated XXX pulled by XXX. is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded.  - Seller-01/22/2026
Ready for Review-The credit report was ordered XXX and later reissued on XXX  - Seller-01/20/2026
Ready for Review-Document Uploaded.  - Seller-01/12/2026
Ready for Review-Document Uploaded.  - Seller-01/06/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months

XXX LOE.pdf
XXX LOE.pdf
XXX LOE 2.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCOM1221

2025-12-29 17:49

2026-01-06 13:30

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received Mortgage inclusive of Schedule A Legal Description. - Due Diligence Vendor-01/06/2026
Ready for Review-Document Uploaded. - Seller-01/06/2026
Open-The Deed of Trust is Incomplete The Mortgage is missing the legal description attached as Exhibit A. Mortgage in file dated XXX reflects "SEE ATTACHED LEGAL DESCRIPTION" on Page 3, however, Exhibit A is missing. Need full copy of Mortgage inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-01/06/2026

Resolved-Received Mortgage inclusive of Schedule A Legal Description. - Due Diligence Vendor-01/06/2026

Mtg.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FVAL9739

2025-12-30 10:50

2026-01-06 13:28

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/06/2026
Ready for Review-Document Uploaded. - Seller-01/06/2026
Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. - Seller-01/06/2026

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/06/2026

Air Cert.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FPRO1136

2025-12-09 11:25

2025-12-12 13:12

Resolved

1 - Information

Property

Appraisal

Subject property appraisal is not on an as-is basis (Primary Value)

Resolved-Received photos reflecting the installation of the smoke detectors. - Due Diligence Vendor-12/12/2025

Ready for Review-Document Uploaded. - Seller-12/12/2025

Open-Primary Value Subject Property Appraisal is not on an As-Is Basis Missing Final Inspection 1004D. - Due Diligence Vendor-12/11/2025

Ready for Review-Document Uploaded. - Seller-12/12/2025

Resolved-Received photos reflecting the installation of the smoke detectors. - Due Diligence Vendor-12/12/2025

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

Condition#1.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM8805

2025-12-09 13:31

2025-12-12 11:37

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-12/12/2025
Ready for Review-Document Uploaded. - Seller-12/12/2025
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-12/09/2025

Ready for Review-Document Uploaded. - Seller-12/12/2025

Resolved-Received borrower authorization. - Due Diligence Vendor-12/12/2025

Borrowers' Certification and Authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE1456

2025-12-30 21:17

2026-01-02 17:29

Resolved

1 - Information

Credit

Assets

Asset 2 Less Than 2 Months Verified

Resolved-Received evidence of ownership percentage (33.33%) of business assets used to qualify. - Due Diligence Vendor-01/02/2026
Ready for Review-Document Uploaded. - Seller-01/02/2026
Open-Asset 2 Less Than 2 Months Verified Funds used for closing came from business account in the name of XXX. Missing Operating Agreement for XXX to confirm the borrower's ownership in the business. - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-01/02/2026

Resolved-Received evidence of ownership percentage (33.33%) of business assets used to qualify. - Due Diligence Vendor-01/02/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

Operating Agreement - XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1254

2025-12-30 21:36

2026-01-02 17:26

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received title commitment signed by an authorized signatory. - Due Diligence Vendor-01/02/2026

Ready for Review-Document Uploaded. - Seller-01/02/2026

Open-Property Title Issue Missing an updated title policy signed by and Authorized Signatory. - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-01/02/2026

Resolved-Received title commitment signed by an authorized signatory. - Due Diligence Vendor-01/02/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

Title Commitment.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE9549

2025-12-17 14:55

2025-12-31 12:55

Resolved

1 - Information

Credit

Missing Doc

Missing Credit Report Supplement

Resolved-Received Lender LOX for addresses reflected on credit report. - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded. Explanation email - Seller-12/31/2025
Counter-Credit information provided, however insufficient to clear condition as 3 different addresses are reflected. Missing supporting documentation to determine acceptable housing residence history. The credit supplement in the file indicates a prior housing history at XXX, while the final URLA lists the borrower’s previous residence as XXX - Due Diligence Vendor-12/18/2025
Ready for Review-Document Uploaded. - Seller-12/18/2025
Open-The credit supplement in the file indicates a prior housing history at XXX, while the final URLA lists the borrower’s previous residence as XXX - Due Diligence Vendor-12/17/2025

Ready for Review-Document Uploaded. Explanation email - Seller-12/31/2025

Ready for Review-Document Uploaded. - Seller-12/18/2025

Resolved-Received Lender LOX for addresses reflected on credit report. - Due Diligence Vendor-12/31/2025

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%

Credit Report.pdf
XXX - Explanation Email of Different Addresses.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM8805

2025-12-12 14:39

2025-12-18 13:26

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-12/18/2025
Ready for Review-Document Uploaded. - Seller-12/18/2025
Counter-Received borrower authorization, however it is dated after the date of the credit pull of XXX. Still missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/18/2025
Ready for Review-Document Uploaded. - Seller-12/18/2025
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/12/2025

Ready for Review-Document Uploaded. - Seller-12/18/2025

Ready for Review-Document Uploaded. - Seller-12/18/2025

Resolved-Received borrower authorization. - Due Diligence Vendor-12/18/2025

Borrower's Certification & Authorization -Wet Sign.pdf

Borrower's Certification & Authorization -Wet Sign.pdf

Borrower's Certification & Authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

50001252-Fees-Limited

2025-12-12 13:02

2025-12-18 13:24

Resolved

1 - Information

Compliance

Mavent

Fees: Limited

Resolved-Resolved - Due Diligence Vendor-12/18/2025
Ready for Review-Document Uploaded. - Seller-12/18/2025
Open-On the Revised Loan Estimate Issued XXX "Points" were added without a valid Change of Circumstance, resulting in the following Fail: The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). - Due Diligence Vendor-12/12/2025
Open- - Due Diligence Vendor-12/12/2025

Ready for Review-Document Uploaded. - Seller-12/18/2025

Resolved-Resolved - Due Diligence Vendor-12/18/2025

COC XXX.pdf
COC XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCOM1477

2025-12-12 14:33

2025-12-18 13:16

Resolved

1 - Information

Compliance

Missing Doc

Missing evidence of rate lock

Resolved-Received Revised Loan Estimate Issued XXX and corresponding Notice of Change Circumstances Reasons that reflect Loan Locked.  - Due Diligence Vendor-12/18/2025
Ready for Review-Document Uploaded. XXX utilizes our rate lock LE as evidence of LOCK- it expressly details the date of the lock and they date the lock is good through - the signed LE along with the COC should clear the condition  - Seller-12/18/2025
Open-Revised Loan Estimate (LE) in file Issued XXX reflects loan as locked, however, the earliest form of rate lock confirmation reflects the rate was locked XXX.  - Due Diligence Vendor-12/12/2025

Ready for Review-Document Uploaded. XXX utilizes our rate lock LE as evidence of LOCK- it expressly details the date of the lock and they date the lock is good through - the signed LE along with the COC should clear the condition - Seller-12/18/2025

Resolved-Received Revised Loan Estimate Issued XXX and corresponding Notice of Change Circumstances Reasons that reflect Loan Locked. - Due Diligence Vendor-12/18/2025

Loan Estimate lock.pdf
Loan Estimate lock.pdf
COC XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE1118

2025-12-30 10:36

2026-01-12 14:40

Resolved

1 - Information

Credit

Closing

Borrower 1 Deed of Trust Signature does not match Note

Resolved-Received revised Note signed by XXX. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded. - Seller-01/12/2026
Open-Deed of Trust reflects loan closed under XXX however the note was signed under XXX. Missing note executed XXX. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received revised Note signed by XXX. - Due Diligence Vendor-01/12/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 06 months.

XXX resign.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCOM8805

2025-12-29 11:57

2026-01-12 13:30

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded. - Seller-01/12/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/12/2026

XXX auth.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FVAL9739

2025-12-29 11:47

2026-01-12 13:29

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded. - Seller-01/12/2026
Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/12/2026

air.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE1676

2025-12-24 13:06

2026-01-07 13:23

Resolved

1 - Information

Credit

Missing Doc - Credit

Credit General

Resolved-Received supporting documentation reflecting modifications greater than 12 months from the Note Date. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. Could you please find attached and kindly be noted that modification was done with previous servicer? Current servicer for both mtg has no modification reported on the CR, and both accounts have been with current servicer for almost 2 years. I hope this would fully explain the issue. - Seller-01/07/2026
Counter-Lender commentary and pay history received, however insufficient to clear condition as documentation does not reflect the date of Deferment to determine if it meets guidelines. Still missing modification agreements for both the subject and property located at XXX. Both have a mortgage with XXX in which they both have a non interest bearing balance. - Due Diligence Vendor-12/30/2025
Ready for Review-Document Uploaded. Per the credit report, the XXX HL xxXXX reflects consistent payments with principal and interest made in the same amount for well over the most recent 12 months, with no delinquency history. This payment history supports that the obligation has been satisfactorily maintained and does not indicate an outstanding unpaid balance requiring additional payoff documentation. Based on this verified credit evidence, we respectfully request consideration to clear the condition without DTI recalculation. - Seller-12/30/2025
Open-Missing modification agreements for both the subject and property located at XXX. Both have a mortgage with XXX in which they both have a non interest bearing balance. Per lender guidelines If completed or reinstated greater than 12 months from the Note date of the subject transaction, no restrictions apply. • If completed or reinstated within 12 months of the Note date of the subject transaction, borrower is not eligible for this program. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. Could you please find attached and kindly be noted that modification was done with previous servicer? Current servicer for both mtg has no modification reported on the CR, and both accounts have been with current servicer for almost 2 years. I hope this would fully explain the issue. - Seller-01/07/2026
Ready for Review-Document Uploaded. Per the credit report, the XXX HL xxXXX reflects consistent payments with principal and interest made in the same amount for well over the most recent 12 months, with no delinquency history. This payment history supports that the obligation has been satisfactorily maintained and does not indicate an outstanding unpaid balance requiring additional payoff documentation. Based on this verified credit evidence, we respectfully request consideration to clear the condition without DTI recalculation. - Seller-12/30/2025

Resolved-Received supporting documentation reflecting modifications greater than 12 months from the Note Date. - Due Diligence Vendor-01/07/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

PAYMENT HISTORY - XXX.pdf
PAYMENT HISTORY - SUBJ.pdf
958_XXX - PAYMENT DEFERRAL XXX.pdf
958_SUBJ PAYMENT DEFERRAL XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE8611

2025-12-17 19:34

2025-12-23 16:05

Resolved

1 - Information

Credit

Income/Employment

Income/Employment General

Resolved-Received paystub reflecting YTD earnings. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. Could you please be noted that borrower Paystub provides XXX YTD. This is sufficient to clear the requirements. Please kindly review and waive the conditions. - Seller-12/23/2025
Open-Missing YTD earnings supporting the ongoing receipt of income shown on the 1099 by: checks or single check stub(s) with YTD totals if available, or Bank Statement YTD. As required by guidelines. Provided bank statement only support recent 1-month payment. - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. Could you please be noted that borrower Paystub provides 2025 YTD. This is sufficient to clear the requirements. Please kindly review and waive the conditions. - Seller-12/23/2025

Resolved-Received paystub reflecting YTD earnings. - Due Diligence Vendor-12/23/2025

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660.
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $3000
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months.
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%.

959_960_PAYSTUB.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1477

2025-12-12 11:14

2025-12-23 08:52

Resolved

1 - Information

Compliance

Missing Doc

Missing evidence of rate lock

Resolved-Received Lock Confirmation Sheet that reflects Date Locked XXX. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. Please find attached lock confirmation sheet. - Seller-12/23/2025
Open-Evidence of Rate Lock Missing - Due Diligence Vendor-12/12/2025

Ready for Review-Document Uploaded. Please find attached lock confirmation sheet. - Seller-12/23/2025

Resolved-Received Lock Confirmation Sheet that reflects Date Locked XXX. - Due Diligence Vendor-12/23/2025

XXX_internal.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1676

2025-12-24 10:13

2026-01-07 13:07

Resolved

1 - Information

Credit

Missing Doc - Credit

Credit General

Resolved-Received executed Occupancy Affidavit. - Due Diligence Vendor-01/07/2026

Ready for Review-Document Uploaded. - Seller-01/07/2026

Open-Missing executed Occupancy Affidavit. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-01/07/2026

Resolved-Received executed Occupancy Affidavit. - Due Diligence Vendor-01/07/2026

XXX Occupancy Affidavit.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE7347

2025-12-24 10:14

2026-01-06 16:21

Resolved

1 - Information

Credit

Missing Doc

Missing Lease Agreement

Resolved-Received Lender LOX reflecting property is vacant and was not leased. - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/06/2026

Open-Lease agreement appears to be between the borrowers and a relative which is considered a Non-arm's length transaction which is not allowed on a cash out refinance. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-01/06/2026

Resolved-Received Lender LOX reflecting property is vacant and was not leased. - Due Diligence Vendor-01/06/2026

lease cancelled.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE1201

2025-12-22 08:58

2025-12-29 12:41

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Received Cleared fraud report reflecting explanation for clearance of high alert items. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Counter-Received fraud report, however missing supporting documentation used to address high alert items. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-12/24/2025

Open-Missing Third Party Fraud Report. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/24/2025

Resolved-Received Cleared fraud report reflecting explanation for clearance of high alert items. - Due Diligence Vendor-12/29/2025

FG.pdf
XXX.XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE1437

2026-01-20 16:07

2026-02-03 16:17

Resolved

1 - Information

Credit

Income/Employment

Income and Employment Do Not Meet Guidelines

Resolved-Supporting documentation received as RSU schedule is sufficient. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded. There is future vesting, this is also required to support the income per the guidelines, so I am not understating the problem? - Seller-02/03/2026
Counter-Received evidence stock is publicly traded. Paystub end date XXX reflects YTD RSU $XXX and is contradictory to vesting schedule showing $XXX (vested RSU amount). Paystub value appears to include future vested values which is unable to be used. - Due Diligence Vendor-01/28/2026
Ready for Review-Document Uploaded.  - Seller-01/28/2026
Counter-Received documentation to show vesting schedule, and distribution however, not sufficient to clear condition. Guidelines also require evidence that stock is publicly traded. Paystub end date XXX reflects YTD RSU $XXX and is contradictory to vesting schedule showing $XXX (vested RSU amount). Paystub value appears to include future vested values. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded.  - Seller-01/26/2026
Open-Income and Employment Do Not Meet Guidelines Missing all documentation for RSU's per guidelines.  Missing Schedule of Distribution and Vesting Schedule.
- Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. There is future vesting, this is also required to support the income per the guidelines, so I am not understating the problem? - Seller-02/03/2026

Ready for Review-Document Uploaded. - Seller-01/28/2026

Ready for Review-Document Uploaded. - Seller-01/26/2026

Resolved-Supporting documentation received as RSU schedule is sufficient. - Due Diligence Vendor-02/03/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

XXX #XXX RSU Distribution and Vesting.pdf
XXX XXX publically traded.pdf
RSU Guidelines.png

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE5116

2026-01-20 16:05

2026-01-26 15:51

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Received Verification of Rent with alternative documentation via payment history with rental statements from rental intuition. Bor has resided at current Primary rental for 6 months & previous rental history we have 12 months. - Due Diligence Vendor-01/26/2026

Ready for Review-Document Uploaded. Payment history for borrower's current and previous address attached. - Seller-01/26/2026

Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing Verification of Rent for current Housing History. 6 months cancelled checks submitted, however, does not reflect payee and no lease submitted to confirm. Guidelines state, 12 months sufficient Housing History is required. - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. Payment history for borrower's current and previous address attached. - Seller-01/26/2026

Rent Payments - XXX.pdf
Rent Payments - XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE1176

2026-01-16 11:12

2026-01-26 15:39

Resolved

1 - Information

Credit

Insurance

HO6 Insurance Policy Effective Date is after the Note Date

Resolved-Received - Due Diligence Vendor-01/26/2026
Ready for Review-Document Uploaded. - Seller-01/26/2026
Open-HO-6 Insurance Policy Effective Date of XXX is after the Note Date of XXX Missing evidence of sufficient HO6 policy as of the date of Closing/Disbursement Date. Effective dates are XXX-XXX. However, Closing Date is XXX with a disbursement date of XXX. - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. - Seller-01/26/2026

Resolved-Received - Due Diligence Vendor-01/26/2026

Final Statement.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE1200

2025-12-23 13:18

2026-01-21 11:38

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-01/21/2026
Ready for Review-Document Uploaded. this is XXX form and our exception to make- for XXX to dictate what is needed on that form seems like a bit of an overreach - Seller-01/21/2026
Counter-Received exception screenshot. Missing lenders internal exception waiver to include Comp Factors, signed by the approving party. - Due Diligence Vendor-01/13/2026
Ready for Review-exception was already granted on this - Seller-01/13/2026
Open-Audited Loan Amount of $XXX is less than the Guideline Minimum Loan Amount of $150000 - Due Diligence Vendor-12/23/2025

Ready for Review-Document Uploaded. this is XXX form and our exception to make- for XXX to dictate what is needed on that form seems like a bit of an overreach - Seller-01/21/2026
Ready for Review-exception was already granted on this - Seller-01/13/2026

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-01/21/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

1) XXX FICO is greater than 740 minimum
2) DSCR of XXX is greater than 1
3) 0x30x24

Exception Request.pdf

exception request form.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

Originator Post-Close

Yes

XXX

Closed

FCRE1254

2025-12-24 10:51

2026-01-14 16:28

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received Clear final title policy. - Due Diligence Vendor-01/14/2026
Ready for Review-Document Uploaded. per the Title escrow officer- they cannot remove the schedule B item 10e. XXX has a T-1 that will cover schedule B item 1, Schedule C deed was taken care of at closing and will not show on final policy- Final policy is in line to be submitted-
XXX Escrow Officer T -XXX C XXX XXX - Seller-01/14/2026
Open-Property Title Issue 1) Title Commitment and Survey submitted reflect easements and encroachments in Schedule B, #10 (e) & (n). All items are required to be addressed, corrected, removed from title per guidelines.
2) Schedule C, #5 (c) reflects issues with deed conveying property to borrower. Missing evidence this item has been addressed. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. per the Title escrow officer- they cannot remove the schedule B item 10e. XXX has a T-1 that will cover schedule B item 1, Schedule C deed was taken care of at closing and will not show on final policy- Final policy is in line to be submitted-
XXX Escrow Officer T -XXX C XXX XXX - Seller-01/14/2026

Resolved-Received Clear final title policy. - Due Diligence Vendor-01/14/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

Title Mortgagees Title Policy XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCOM8805

2025-12-23 13:26

2026-01-08 12:10

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/08/2026
Ready for Review-Document Uploaded.  - Seller-01/08/2026
Counter-Correction - Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit on XXX. - Due Diligence Vendor-01/05/2026
Ready for Review-Please review your condition as the dates dont match  up
if the credit report was pulled on XXX and the authorization was signed on XXX - what is the issue?   - Seller-01/05/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-12/23/2025

Ready for Review-Document Uploaded.  - Seller-01/08/2026
Ready for Review-Please review your condition as the dates dont match  up
if the credit report was pulled on XXX and the authorization was signed on XXX- what is the issue?   - Seller-01/05/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/08/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

Borrower's Certification & Authorization.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE1204

2025-12-24 10:59

2026-01-05 15:03

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-Received supporting documentation used to address high alert items. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/05/2026

Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed the high impact items reflected on the fraud report per guidelines. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-01/05/2026

Resolved-Received supporting documentation used to address high alert items. - Due Diligence Vendor-01/05/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

fraud with comments and sam.gov.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCOM1221

2025-12-23 15:24

2026-01-05 14:47

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received complete DOT/Mortgage inclusive of Exhibit A and applicable Riders. - Due Diligence Vendor-01/05/2026
Ready for Review-Document Uploaded.  - Seller-01/05/2026
Resolved-Received complete DOT/Mortgage inclusive of Exhibit A and applicable Riders.      - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded.  - Seller-12/31/2025
Open-The Deed of Trust is Incomplete The Deed of Trust is missing the legal description attached as Exhibit A. Deed of Trust in file dated XXX reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 3, however, Exhibit A is missing. Need full copy of Deed of Trust inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-12/23/2025

Ready for Review-Document Uploaded. - Seller-01/05/2026

Ready for Review-Document Uploaded. - Seller-12/31/2025

Resolved-Received complete DOT/Mortgage inclusive of Exhibit A and applicable Riders. - Due Diligence Vendor-01/05/2026

Resolved-Received complete DOT/Mortgage inclusive of Exhibit A and applicable Riders. - Due Diligence Vendor-12/31/2025

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

XXX - Mortgage with legal.pdf
Deed of trust.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

Closed

FCRE8012

2025-12-30 09:38

2026-01-02 09:31

Resolved

1 - Information

Credit

Missing Doc

Missing Purchase Contract

Resolved-Received contract addendum reflecting Borrowers LLC "XXX" as the purchaser. - Due Diligence Vendor-01/02/2026
Ready for Review-Document Uploaded. - Seller-01/02/2026
Open-Missing purchase contract reflecting Borrowers LLC "XXX" as the purchaser since borrower is closing in her business name. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. - Seller-01/02/2026

Resolved-Received contract addendum reflecting Borrowers LLC "XXX" as the purchaser. - Due Diligence Vendor-01/02/2026

Addendum for buyer.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE6843

2025-12-30 09:36

2025-12-31 09:45

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Received PCCD reflecting gift funds in the amount of $XXX. - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded. - Seller-12/31/2025
Open-Missing the PCCD reflecting the receipt of the gift funds in the amount of $XXX. - Due Diligence Vendor-12/30/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Resolved-Received PCCD reflecting gift funds in the amount of $XXX. - Due Diligence Vendor-12/31/2025

PCCD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1231

2025-12-26 10:51

2025-12-31 09:44

Resolved

1 - Information

Compliance

Missing Doc

The Initial 1003 is Missing

Resolved-Received initial URLA. - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Open-The Initial 1003 is Missing - Due Diligence Vendor-12/26/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Resolved-Received initial URLA. - Due Diligence Vendor-12/31/2025

Initial 1003.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE6843

2025-12-18 14:52

2025-12-29 16:57

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Received supporting documentation for qualifying assets. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded. we have provided: XXX BUSINESS ACCOUNT WITH BALANCE OF $XXX.  SINCE IT'S BUSINESS ACCT WE'RE USING 50% OF THE BALANCE WHICH IS $XXX. NOTING ON 1003 THAT BORROWER NEEDS 12 MONTHS RESERVES, WHICH IS $XXX.24 - Seller-12/29/2025
Counter-Received revised URLA and updated XXX and XXX statements. Revised URLA reflects qualifying assets used in the amount of $XXX, however file does not include these asset statements to verify funds. - Due Diligence Vendor-12/26/2025
Ready for Review-XXX statement for account ending in #XXX showing $XXX ( please also see attached revised 1003 to reflect that amount for qualifying purposes) - Seller-12/26/2025
Ready for Review-Document Uploaded.  - Seller-12/26/2025
Ready for Review-Document Uploaded.  - Seller-12/26/2025
Counter-Received screenshot of XXX account XXX, however date is not reflected. Additionally, missing history from last full statement date of XXX through current. Lastly, missing XXX #XXX statement, as $XXX appears to be used for qualifying, however no statement was provided to support this balance. - Due Diligence Vendor-12/24/2025
Ready for Review-Document Uploaded.  - Seller-12/24/2025
Open-The lender applied a balance of $XXX from the XXX #XXX account; however, no transaction history was provided to account for activity since the last statement dated XXX. In addition, the lender used a balance of $XXX from the XXX #XXX account, but no statement was provided to support this balance. - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. we have provided: XXX BUSINESS ACCOUNT WITH BALANCE OF $XXX.  SINCE IT'S BUSINESS ACCT WE'RE USING 50% OF THE BALANCE WHICH IS $XXX. NOTING ON 1003 THAT BORROWER NEEDS 12 MONTHS RESERVES, WHICH IS $XXX - Seller-12/29/2025
Ready for Review-XXX statement for account ending in #XXX showing $XXX ( please also see attached revised 1003 to reflect that amount for qualifying purposes) - Seller-12/26/2025
Ready for Review-Document Uploaded.  - Seller-12/26/2025
Ready for Review-Document Uploaded.  - Seller-12/26/2025
Ready for Review-Document Uploaded.  - Seller-12/24/2025

Resolved-Received supporting documentation for qualifying assets. - Due Diligence Vendor-12/29/2025

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

XXX transaction.pdf
XXX XXX bank statment.pdf
XXX transaction XXX.pdf
XXX statement XXX.pdf
XXX_loanapp.pdf
uw cert.pdf
XXX bank (002).pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE5782

2025-12-18 13:24

2025-12-29 14:20

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded. - Seller-12/29/2025
Counter-Received Lender LOX, however missing Lender's internal exception waiver form to include Comp Factors and authorized party signature. - Due Diligence Vendor-12/26/2025
Ready for Review-Document Uploaded. Please see underwriter's letter regarding the gap credit exception. - Seller-12/26/2025
Counter-Received borrower LOX reflecting no new debt, however gap credit is still outside of 30 days of closing as required per guidelines. - Due Diligence Vendor-12/26/2025
Ready for Review-Document Uploaded. XXX statement for account ending in #XXX showing $XXX ( please also see attached revised 1003 to reflect that amount for qualifying purposes) - Seller-12/26/2025
Counter-Received gap credit report, however missing borrower's letter of explanation for new inquiry with XXX on XXX. If new debt obtained, supporting documentation to be provided. Additionally, gap credit is outside of 30 days of closing as required per guidelines. - Due Diligence Vendor-12/24/2025
Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/24/2025
Ready for Review-Document Uploaded. - Seller-12/24/2025
Open-Borrower 1 Gap Credit Report is Missing . - Due Diligence Vendor-12/18/2025

1) XXX% DTI is less than 50% maximum
2) Established business operation since XXX - 12/29/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025
Ready for Review-Document Uploaded. Please see underwriter's letter regarding the gap credit exception. - Seller-12/26/2025
Ready for Review-Document Uploaded. XXX statement for account ending in #XXX showing $XXX ( please also see attached revised 1003 to reflect that amount for qualifying purposes) - Seller-12/26/2025
Ready for Review-Document Uploaded. - Seller-12/24/2025

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/29/2025

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

credit refresh.pdf
XXX_loanapp.pdf
_Letter_of_Explanation_Address_Inquiries -XXX.pdf
uw cert.pdf
Internal exception waiver.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

Originator Post-Close

Yes

XXX

Closed

FCOM8805

2025-12-16 16:57

2025-12-26 15:14

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-12/26/2025
Ready for Review-Document Uploaded. - Seller-12/26/2025
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/16/2025

Ready for Review-Document Uploaded. - Seller-12/26/2025

Resolved-Received borrower authorization. - Due Diligence Vendor-12/26/2025

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

credit auth.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE6618

2025-12-18 14:47

2025-12-24 16:35

Resolved

1 - Information

Credit

Borrower

Borrower information on 1003 is incomplete

Resolved-Received revised URLA reflecting corrected Declarations. - Due Diligence Vendor-12/24/2025
Ready for Review-Document Uploaded. - Seller-12/24/2025
Open-The terms of the newly acquired loan are missing. as Section 5a, “About this Property and Your Money for this Loan”, on the Declaration page of the final URLA indicates the following:
- D1: The borrower will be applying for a mortgage loan on another property on or before closing this transaction, which is not disclosed on the current loan application.
- D2: The borrower will be applying for new credit on or before closing this loan, which is also not disclosed on the application. - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. - Seller-12/24/2025

Resolved-Received revised URLA reflecting corrected Declarations. - Due Diligence Vendor-12/24/2025

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

XXX_loanapp.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

Closed

FCRE1335

2025-12-31 06:31

2026-01-20 09:36

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Resolved-Received XXX/XXX W-2 transcripts. - Due Diligence Vendor-01/20/2026
Ready for Review-Document Uploaded. - Seller-01/16/2026
Counter-Documentation received is not applicable to this condition. Still missing W-2 transcripts for W-2 borrowers. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Borrower 1 IRS Transcripts Missing Missing W-2 transcripts for W-2 borrowers - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-01/16/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received 2023/2024 W-2 transcripts. - Due Diligence Vendor-01/20/2026

cda.pdf

w2 transd.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

Closed

FPRO1243

2026-01-05 10:37

2026-01-15 17:09

Resolved

1 - Information

Property

Missing Doc

Second Appraisal is Missing

Resolved-Received CDA reflecting low risk - value in line. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Missing the XXX CU valuation, per lender guidelines an additional Collateral Valuation is required OR XXX CU Risk Score of 2.5 or less is required in addition to appraisal. Guidelines do not state we can use the XXX SSR report as a secondary valuation. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received CDA reflecting low risk - value in line. - Due Diligence Vendor-01/15/2026

cda.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

Closed

FVAL9739

2026-01-05 10:33

2026-01-12 09:43

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Open-Missing documentation to Confirm if AIR compliance is met, appraisal reflects no AMC, and payment was made directly to the appraiser. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/12/2026

air.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

Closed

FCOM1229

2025-12-18 09:52

2025-12-25 08:39

Resolved

1 - Information

Compliance

Missing Doc

1-4 Family Rider is Missing

Resolved-The 1-4 Family Rider is Present - Due Diligence Vendor-12/22/2025

Resolved-Received 1-4 Family Rider inclusive of Page 2.  - Due Diligence Vendor-12/22/2025

Ready for Review-Document Uploaded.  - Seller-12/20/2025

Open-1-4 Family Rider is in file, however, it is missing Page 2.  - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. - Seller-12/20/2025

Resolved-The 1-4 Family Rider is Present - Due Diligence Vendor-12/22/2025

Resolved-Received 1-4 Family Rider inclusive of Page 2. - Due Diligence Vendor-12/22/2025

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700

1-4 Family Rider.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE5790

2025-12-17 17:25

2025-12-25 08:35

Waived

2 - Non-Material

Credit

Closing

Borrower 1 Gap Credit Report is Expired (Greater than 10 Days from Closing/Settlement Date)

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/25/2025
Ready for Review-Document Uploaded. - Seller-12/25/2025
Counter-Lender commentary received. As gap credit report is outside of 20 days as required per guidelines, exception must be granted. Missing completed exception waiver, to include Comp Factors and approving party signature. - Due Diligence Vendor-12/24/2025
Ready for Review-The soft credit check pulled on XXX is the most recent gap report available.
Please advise if any alternative documentation would be acceptable to clear this condition, or if an exception may be considered. - Seller-12/24/2025
Counter-Received gap credit report reflecting no new debt or inquiries, however it is outside of 20 days from the Note Date as required by guidelines. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. - Seller-12/23/2025
Open-Borrower 1 Gap Credit Report is Expired (Greater than 10 days from Closing/Settlement Date). - Due Diligence Vendor-12/17/2025

Ready for Review-Document Uploaded. - Seller-12/25/2025
Ready for Review-The soft credit check pulled on XXX is the most recent gap report available.
Please advise if any alternative documentation would be acceptable to clear this condition, or if an exception may be considered. - Seller-12/24/2025
Ready for Review-Document Uploaded. - Seller-12/23/2025

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/25/2025

1) XXX% DTI is less than 50% maximum
2) XXX FICO is greater than 700 minimum
3) XXX months of Reserves are greater than 2 month minimum

Soft Report-LI.pdf

Exception Guide-LI.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

Originator Post-Close

Yes

XXX

Closed

FCRE5116

2025-12-17 17:25

2025-12-23 16:16

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Received supporting documentation for non-subject properties.  - Due Diligence Vendor-12/23/2025
Ready for Review- - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded.      For #XXX, the first payment date is XXX;
     For #XXX, the first payment date is XXX;
A VOM is not available at this time, as the payments for these loans have not yet been completed. - Seller-12/23/2025
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Verification of mortgage is missing for account #XXX, which has a monthly payment of $XXX for the primary property located at XXX. Additionally, Missing VOM for account #XXX which has a monthly payment $XXX for the non-subject property located at ‘XXX’. - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. For #XXX, the first payment date is XXX;
For #XXX, the first payment date is XXX;
A VOM is not available at this time, as the payments for these loans have not yet been completed. - Seller-12/23/2025

Resolved-Received supporting documentation for non-subject properties. - Due Diligence Vendor-12/23/2025

#XXX Mortgage Note 1st Pmt Date XXX.pdf
#XXX Mortgage Note 1st Pmt Date XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1159

2025-12-17 16:52

2025-12-23 10:06

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Lender commentary and Final Settlement Statement received - HOI was effective at the time of funding. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. The Hazard Insurance Effective Date only needs to be on or before the funding date. This loan should be fine. - Seller-12/23/2025
Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX - Due Diligence Vendor-12/17/2025

Ready for Review-Document Uploaded. The Hazard Insurance Effective Date only needs to be on or before the funding date. This loan should be fine. - Seller-12/23/2025

Resolved-Lender commentary and Final Settlement Statement received - HOI was effective at the time of funding. - Due Diligence Vendor-12/23/2025

final closing statement.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCRE1201

2025-12-18 10:04

2025-12-23 10:04

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Received Cleared fraud report. Supporting documentation included in loan file. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. - Seller-12/23/2025
Open-Missing Third Party Fraud Report A fraud report has been provided; however, it pertains to a different property located at XXX, rather than the subject property at XXX. - Due Diligence Vendor-12/18/2025

Ready for Review-Document Uploaded. - Seller-12/23/2025

Resolved-Received Cleared fraud report. Supporting documentation included in loan file. - Due Diligence Vendor-12/23/2025

Fraud Report-Final (1).pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1544

2025-12-18 22:34

2025-12-23 08:49

Resolved

1 - Information

Compliance

Missing Doc

TRID: Missing Closing Disclosure

Resolved-Received Final Closing Disclosure Issued XXX. - Due Diligence Vendor-12/23/2025
Ready for Review-Document Uploaded. - Seller-12/23/2025
Open-TRID: Missing Final Closing Disclosure - Due Diligence Vendor-12/19/2025

Ready for Review-Document Uploaded. - Seller-12/23/2025

Resolved-Received Final Closing Disclosure Issued XXX. - Due Diligence Vendor-12/23/2025

Final CD.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

Closed

FCOM1225

2025-12-17 16:16

2025-12-22 12:53

Resolved

1 - Information

Compliance

Missing Doc

Second Home Rider is Missing

Resolved-The Second Home Rider is Present or Not Applicable (Occupancy is Investment) - Due Diligence Vendor-12/22/2025

Resolved-Updated 1008 reflects Occupancy Status as Investment Property, Second Home Rider is not required. - Due Diligence Vendor-12/22/2025

Ready for Review-Document Uploaded. Please see attached.The Occupancy Type should be Investment. - Seller-12/20/2025

Open-Second Home Rider is Missing - Due Diligence Vendor-12/17/2025

Ready for Review-Document Uploaded. Please see attached.The Occupancy Type should be Investment. - Seller-12/20/2025

1008-updated.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

100

XXX

Closed

FCOM8805

2026-01-15 15:15

2026-01-21 16:39

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/21/2026
Ready for Review-Document Uploaded. - Seller-01/21/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/15/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/21/2026

borrower's authorization.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

101

XXX

Closed

FCRE5782

2025-12-24 17:11

2026-01-02 15:37

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received additional updated gap credit report reflecting no new debt from inquiries dated 8/29/25. No new inquiries or debt. - Due Diligence Vendor-01/02/2026
Ready for Review-Document Uploaded.  - Seller-01/02/2026
Counter-Lender commentary received - Borrower LOX is not attached per lender commentary. Borrower LOX regarding credit inquiries is dated XXX, which is prior to the new credit inquiries dated XXX. Still missing borrower LOX for the following inquiries: 1) XXX on XXX) XXX on XXX 3) XXX on XXX. If new debt opened, supporting documentation to be provided. - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded. Hello, please attached.  Borrower reached out to both credit unions regarding potential mortgage as per their letter.    NO new debt was opened.  - Seller-12/31/2025
Counter-Received credit supplement, however insufficient to clear condition as supplement reflects XXX and XXX accounts were already reporting on credit as opened in XXX and XXX which does not account for recent inquiries. Missing borrower LOX for the following inquiries: 1) XXX on XXX 2) XXX on XXX 3) XXX on XXX. If new debt opened, supporting documentation to be provided. - Due Diligence Vendor-12/30/2025
Ready for Review-Document Uploaded.  - Seller-12/29/2025
Counter-Received duplicate documentation already included in loan file which is insufficient to clear condition. Missing borrower LOX for the following inquiries: 1) XXX on XXX 2) XXX on XXX 3) XXX on XXX. XXX and XXX accounts were already reporting on credit as opened in XXX and XXX and do not explain account for recent inquiries. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded.  - Seller-12/29/2025
Counter-Received UDN report and Lender LOX, however only XXX inquiries were addressed. Missing borrower LOX for all other credit inquiries. If new debt incurred, supporting documentation to be provided. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded.  - Seller-12/29/2025
Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded.  - Seller-01/02/2026

Ready for Review-Document Uploaded. Hello, please attached.  Borrower reached out to both credit unions regarding potential mortgage as per their letter.    NO new debt was opened.  - Seller-12/31/2025

Ready for Review-Document Uploaded.  - Seller-12/29/2025

Ready for Review-Document Uploaded.  - Seller-12/29/2025

Ready for Review-Document Uploaded.  - Seller-12/29/2025

Resolved-Received additional updated gap credit report reflecting no new debt from inquiries dated XXX. No new inquiries or debt. - Due Diligence Vendor-01/02/2026

UDN - Borrower 1.pdf
B1 - Credit supp and LOE.pdf
Credit Supp.pdf
UDN XXX.pdf
XXX - Credit Refresh.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

101

XXX

Closed

FCRE1198

2025-12-29 12:08

2025-12-31 13:39

Waived

2 - Non-Material

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded. - Seller-12/31/2025
Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of 9 month(s) - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-12/31/2025

1) Over 8 and 12 years on the job between borrowers
2) 7 years of acceptable mortgage history
3) $0 open debt

Excecption.pdf

Exception.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

Originator Pre-Close

Yes

XXX

101

XXX

Closed

FCRE1499

2025-12-29 12:02

2025-12-31 13:38

Waived

2 - Non-Material

Credit

Assets

Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount

Waived-Upon additional review, Client elects to waive condition with Comp Factors. - Due Diligence Vendor-12/31/2025
Ready for Review-Document Uploaded. - Seller-12/31/2025
Counter-Received income calculation worksheet, however not sufficient to clear condition. Original condition remains: Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX Short reserves in the amount of $XXX. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded. - Seller-12/29/2025
Open-Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX Short reserves in the amount of $XXX. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Waived-Upon additional review, Client elects to waive condition with Comp Factors. - Due Diligence Vendor-12/31/2025

1) Over 8 and 12 years on the job between borrowers
2) 7 years of acceptable mortgage history
3) $0 open debt

income calcs.pdf

Excecption.pdf

Exception.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

Originator Pre-Close

Yes

XXX

101

XXX

Closed

1000594-1001944

2025-12-26 09:35

2025-12-30 09:38

Resolved

1 - Information

Compliance

Tolerance:Disclosure

Federal - Loan Estimate Disclosure Date on or after Closing Disclosure Date

Resolved-Disclosure Tracking Details in file reflects Closing Disclosure was Sent XXX. - Due Diligence Vendor-12/30/2025
Ready for Review-Document Uploaded. CD was sent onXXX - please see attached proof. - Seller-12/30/2025
Open-The Last Loan Estimate was provided on (XXX) which is on or after (XXX), the date on which the Initial Closing Disclosure was provided. Under Regulation Z, a creditor shall not provide a revised version of the Loan Estimate on or after the date on which a creditor provides the Closing Disclosure. (12 CFR 1026.19(e)(4)(ii)) - Due Diligence Vendor-12/26/2025
Open- - Due Diligence Vendor-12/26/2025
Open- - Due Diligence Vendor-12/26/2025

Ready for Review-Document Uploaded. CD was sent on XXX - please see attached proof. - Seller-12/30/2025

Resolved-Disclosure Tracking Details in file reflects Closing Disclosure was Sent XXX. - Due Diligence Vendor-12/30/2025

XXX Disclosure Tracking.pdf
XXX - CD.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

101

XXX

Closed

FCRE5783

2025-12-24 17:11

2025-12-29 14:07

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 Gap Credit Report is Missing

Resolved-Received UDN report reflecting no new debt or inquiries. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded. - Seller-12/29/2025
Counter-Received UDN report and Lender LOX, however only XXX inquiries were addressed. Missing borrower LOX for all other credit inquiries. If new debt incurred, supporting documentation to be provided. - Due Diligence Vendor-12/29/2025
Ready for Review-Document Uploaded. - Seller-12/29/2025
Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Resolved-Received UDN report reflecting no new debt or inquiries. - Due Diligence Vendor-12/29/2025

UDN - Borrower 2.pdf

B2 - Credit supp and LOE.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

101

XXX

Closed

FCOM1003

2025-12-26 09:54

2025-12-29 12:48

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received fully executed and notarized Deed.  - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded.  - Seller-12/29/2025

Open-Deed is in file, however, it is not fully executed or notarized.  - Due Diligence Vendor-12/26/2025

Ready for Review-Document Uploaded. - Seller-12/29/2025

Resolved-Received fully executed and notarized Deed. - Due Diligence Vendor-12/29/2025

Deed.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

102

XXX

Closed

FCRE5782

2026-01-14 10:44

2026-01-22 09:51

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received gap credit report reflecting no new debt. Inquiry letter provided by borrower for new inquiry-no new debt opened. - Due Diligence Vendor-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Open-Borrower 1 Gap Credit Report is Missing Missing GAP Credit Report dated within 30 days of Note Date. Subject to possible recalculation of DTI. - Due Diligence Vendor-01/15/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Resolved-Received gap credit report reflecting no new debt. Inquiry letter provided by borrower for new inquiry-no new debt opened. - Due Diligence Vendor-01/22/2026

XXX Credit Refresh.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

102

XXX

Closed

FCOM1003

2026-01-14 12:05

2026-01-21 16:57

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-01/21/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Resolved-Received Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-01/21/2026

XXX - DEED.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

102

XXX

Closed

FCOM1221

2026-01-14 12:07

2026-01-21 16:56

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received the Mortgage inclusive of Exhibit A Legal Description.  - Due Diligence Vendor-01/21/2026
Ready for Review-Document Uploaded.  - Seller-01/21/2026
Open-The Deed of Trust is Incomplete The Mortgage is missing the legal description attached as Exhibit A. Mortgage in file dated XXX reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 3, however, Exhibit A is missing. Need full copy of Mortgage inclusive of Exhibit A Legal Description and any Riders.  - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Resolved-Received the Mortgage inclusive of Exhibit A Legal Description. - Due Diligence Vendor-01/21/2026

XXX - MTG.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

103

XXX

Closed

FCOM3527

2026-01-05 15:39

2026-01-13 09:01

Resolved

1 - Information

Compliance

TRID

Post Consummation CD issued improperly

Resolved-Received Post Consummation Closing Disclosure Issued XXX that reflects $XXX Gift. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded. - Seller-01/12/2026
Open-Missing PCCD reflecting the $XXX gift provided at closing. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received Post Consummation Closing Disclosure Issued XXX that reflects $XXX Gift. - Due Diligence Vendor-01/13/2026

XXX PCCD.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

103

XXX

Closed

FCOM8807

2026-01-02 10:25

2026-01-13 08:50

Resolved

1 - Information

Compliance

Missing Doc

Missing Appraisal Acknowledgement

Resolved-Received Disclosure Tracking Details that reflects Appraisal was Sent to and Received by Borrower.  - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded.  - Seller-01/12/2026

Counter-Received Non-Influence & Compliance Certificate, however, need Acknowledgment of Receipt of Appraisal Report.  - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded.  - Seller-01/12/2026

Open- - Due Diligence Vendor-01/02/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received Disclosure Tracking Details that reflects Appraisal was Sent to and Received by Borrower. - Due Diligence Vendor-01/13/2026

air.pdf

appraisal ack.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

104

XXX

Closed

FCRE1161

2026-01-20 10:17

2026-01-22 10:47

Resolved

1 - Information

Credit

Missing Doc

Flood Certificate Missing

Resolved-Received Life of Loan Flood Certificate. - Due Diligence Vendor-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Open-Missing Flood Certificate - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Resolved-Received Life of Loan Flood Certificate. - Due Diligence Vendor-01/22/2026

XXX Flood Cert.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

105

XXX

Closed

FCRE5782

2025-12-31 05:37

2026-01-05 10:18

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/05/2026

Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-01/05/2026

Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-01/05/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.

credit refresh.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

106

XXX

Closed

FCRE0360

2026-01-02 10:42

2026-01-07 18:23

Resolved

1 - Information

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Resolved-Lender LOX received. VOR included in loan file is acceptable. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. - Seller-01/07/2026
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Missing updated VOR for property located at XXX as the one in the file was completed on XXX and reflects borrower still resides in the property. - Due Diligence Vendor-01/02/2026

Ready for Review-Document Uploaded. - Seller-01/07/2026

Resolved-Lender LOX received. VOR included in loan file is acceptable. - Due Diligence Vendor-01/07/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85%

XXX Notes on Post Close Conditions - XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

108

XXX

Closed

FCRE1676

2026-01-13 20:33

2026-02-13 14:04

Resolved

1 - Information

Credit

Missing Doc - Credit

Credit General

Resolved-Received Personal Guaranty. - Due Diligence Vendor-02/13/2026

Ready for Review-Document Uploaded. Personal Guaranty attached - Seller-02/13/2026

Counter-Received Ability to Repay, however unacceptable to use in lieu of a Personal Guaranty. Still missing executed copy of the Personal Guaranty agreement. - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. Please see attached Ability to Repay document used in place of the Personal Guaranty - Seller-01/16/2026

Open-Loan closed in the name of an LLC. Missing executed copy of the Personal Guaranty agreement. - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. Personal Guaranty attached - Seller-02/13/2026

Ready for Review-Document Uploaded. Please see attached Ability to Repay document used in place of the Personal Guaranty - Seller-01/16/2026

Resolved-Received Personal Guaranty. - Due Diligence Vendor-02/13/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months

XXX Ability to Repay.pdf
XXX Personal Guaranty.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

109

XXX

Closed

FCRE1193

2026-01-06 09:22

2026-01-08 10:46

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/08/2026
Resolved-Received lease extension reflecting updated rental amount. Audited DTI of XXX% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/08/2026
Ready for Review-Audited DTI of XXX% exceeds Guideline DTI of 50% - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. - Seller-01/06/2026
Open-Audited DTI of XXX% exceeds Guideline DTI of 50% Audited DTI of XXX% is much higher than lenders DTI of XXX% due to rental income for XXX. Lender used $XXX for rental income however there are 3 units with a total lease amount of $XXX. - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/06/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%

LEASE AGREEMENT NOT SHIPPED.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

109

XXX

Closed

FCRE5782

2026-01-02 09:54

2026-01-08 10:11

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received borrower explanation regarding credit inquiries-no new debt obtained. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. - Seller-01/07/2026
Counter-Received gap credit report, however missing explanation from borrower regarding new credit inquiry on XXX and XXX with XXX. If new debt opened, supporting documentation to be provided. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. - Seller-01/06/2026
Open-Borrower 1 Gap Credit Report is Missing Missing Gap report which is required if Note date is greater than 30 days after the date of the original credit report of XXX. - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/07/2026

Ready for Review-Document Uploaded. - Seller-01/06/2026

Resolved-Received borrower explanation regarding credit inquiries-no new debt obtained. - Due Diligence Vendor-01/07/2026

credit refresh.pdf

LOE NEW CREDIT INQUIRIES.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

109

XXX

Closed

FCOM1233

2026-01-02 11:58

2026-01-07 11:04

Resolved

1 - Information

Compliance

Missing Doc

The Final 1003 is Incomplete

Resolved-Received revised 1008/URLA reflecting updated Section 2c and section 3a. - Due Diligence Vendor-01/07/2026
Ready for Review-Document Uploaded. - Seller-01/06/2026
Open-The Final 1003 is Incomplete Section 3: Financial Information-Real Estate owned Section is missing subject property "XXX". reflecting paying off a 1st & 2nd mtg with XXX. Also URLA reflects borrower is paying off 3 accounts however per the CD these accounts were not paid off. Missing Final URLA reflecting the 3 accounts not being paid off. - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/06/2026

Resolved-Received revised 1008/URLA reflecting updated Section 2c and section 3a. - Due Diligence Vendor-01/07/2026

XXX_loanapp.pdf
XXX_1008 form.pdf
FINAL SETTLEMENT STATEMENT.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

110

XXX

Closed

FCRE1201

2026-01-16 12:20

2026-01-23 16:26

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Received report - high impact items addressed. - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/23/2026

Counter-Received fraud report and Cleared fraud report, however insufficient to clear condition as cleared report does not address the individual high alerts that were cleared and does not reflect how the alerts were cleared. Missing supporting documentation used to address high alert items. - Due Diligence Vendor-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Open-Missing Third Party Fraud Report. - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. - Seller-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Resolved-Received report - high impact items addressed. - Due Diligence Vendor-01/23/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700

Fraud.pdf
XXX.XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

110

XXX

Closed

FCOM1003

2026-01-16 11:32

2026-01-22 10:14

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Special Warranty Deed that confirms Vesting on Mortgage in file. - Due Diligence Vendor-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-01/16/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Resolved-Received Special Warranty Deed that confirms Vesting on Mortgage in file. - Due Diligence Vendor-01/22/2026

XXX Deed.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

110

XXX

Closed

FCOM8805

2026-01-16 13:39

2026-01-22 09:56

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026
Ready for Review-Document Uploaded. - Seller-01/22/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/16/2026

Ready for Review-Document Uploaded. - Seller-01/22/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026

XXX borrower's authorization.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

111

XXX

Closed

FCRE3653

2025-12-29 09:44

2026-01-23 12:52

Waived

2 - Non-Material

Credit

Missing Doc

Missing letter of explanation

Waived-Exception approval received for lack of housing history for property at XXX.  - Due Diligence Vendor-01/23/2026
Ready for Review-Document Uploaded.  - Seller-01/23/2026
Counter-Received letter of explanation however per lender guidelines mortgage and rental payments on the subject and Primary Residence not reflected on the original credit report must be documented via an institutional third-party (Verification of Rent or Verification of Mortgage (VOR/VOM). Missing the Verification of Mortgage from XXX acct #XXX in order to mee the housing history guideline.  - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded.  - Seller-01/15/2026
Counter-Received documentation, however it does not reflect property is owned free and clear, only a quit claim deed from the borrower(s) to a trust. Still missing evidence XXX is free and clear. - Due Diligence Vendor-01/05/2026
Ready for Review-Document Uploaded.  - Seller-01/05/2026
Open-Missing evidence XXX is free and clear. - Due Diligence Vendor-12/29/2025

Ready for Review-Document Uploaded.  - Seller-01/23/2026

Ready for Review-Document Uploaded.  - Seller-01/15/2026

Ready for Review-Document Uploaded.  - Seller-01/05/2026

Waived-Exception approval received for lack of housing history for property at XXX. - Due Diligence Vendor-01/23/2026

DSCRR > 1.15
Borrower contribution exceeds program requirement by >= 5%
LTV is XXX% below program maximum

XXX XXX XXX.pdf
LOX XXX Address.pdf
scan.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

Originator Post-Close

Yes

XXX

111

XXX

Closed

FCOM8805

2025-12-24 13:10

2026-01-22 10:00

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026
Ready for Review-Document Uploaded. - Seller-01/22/2026
Counter-Received borrower authorization dated XXX which is after the date of the credit pulled on XXX. Still missing documentation to support borrower's authorization to pull credit on XXX. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026

E-Sign_XXX-XXX_XXX-XXX-XXX.pdf
E-Sign_XXX-XXX_XXX-XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

111

XXX

Closed

FCRE1158

2025-12-24 12:38

2026-01-05 15:36

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI policy reflecting annual premium and policy number. - Due Diligence Vendor-01/05/2026

Ready for Review-Document Uploaded. - Seller-01/05/2026

Open-Hazard Insurance Policy Partially Provided Missing Hazard Insurance Policy Number & premium amount. - Due Diligence Vendor-12/24/2025

Ready for Review-Document Uploaded. - Seller-01/05/2026

Resolved-Received HOI policy reflecting annual premium and policy number. - Due Diligence Vendor-01/05/2026

HOI - XXX - XXX.pdf
Invoice - 1XXX_ XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

111

XXX

Closed

FCOM6618

2025-12-23 13:18

2025-12-31 13:43

Resolved

1 - Information

Credit

Missing Doc

MRD Missing Final Uniform Transmittal Summary -1008

Resolved- - Due Diligence Vendor-12/31/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

Open- - Due Diligence Vendor-12/23/2025

Open- - Due Diligence Vendor-12/23/2025

Ready for Review-Document Uploaded. - Seller-12/31/2025

XXX XXX - 1008.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

112

XXX

Closed

FVAL9739

2026-01-08 12:05

2026-01-15 14:57

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Counter-Lender commentary received, however insufficient to clear condition as AIR Compliance is applicable to Non-QM loans. - Due Diligence Vendor-01/13/2026
Ready for Review-This requirement is not applicable to Non-QM loan. - Seller-01/13/2026
Open-"Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser." - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Ready for Review-This requirement is not applicable to Non-QM loan. - Seller-01/13/2026

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/15/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

XXX AIR cert 2.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

112

XXX

Closed

FCRE1158

2026-01-08 12:15

2026-01-13 14:20

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received revised HOI policy reflecting corrected Mortgagee. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Open-Hazard Insurance Policy Partially Provided Missing updated hazard policy to reflect lender's name. The mortgage clause listed on the homeowner’s insurance does not match the lender’s name. - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Resolved-Received revised HOI policy reflecting corrected Mortgagee. - Due Diligence Vendor-01/13/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

homeowner's insurance XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

112

XXX

Closed

FCRE1500

2026-01-08 12:01

2026-01-13 14:18

Resolved

1 - Information

Credit

Missing Doc

MRD Missing 1008 or loan approval

Resolved-Received revised 1008 reflecting corrected loan terms. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Open-Missing updated/final 1008 to match loan terms reflected on Note. - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Resolved-Received revised 1008 reflecting corrected loan terms. - Due Diligence Vendor-01/13/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

XXX 1008 XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

112

XXX

Closed

FPRO1244

2026-01-08 20:27

2026-01-12 09:33

Resolved

1 - Information

Property

Missing Doc

3rd Party Valuation Product is Required and Missing

Resolved-Received Low Risk CDA-value in line. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded. - Seller-01/09/2026
Open-Missing copy of required secondary valuation method per guidelines. Invoice for XXX CDA in file, missing associated document. - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. - Seller-01/09/2026

Resolved-Received Low Risk CDA-value in line. - Due Diligence Vendor-01/12/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

XXX CDA XXX property.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FPRO1635

2026-01-09 10:32

2026-01-26 08:25

Resolved

1 - Information

Property

Property Issue

Property Issues are Present

Resolved-Received revised appraisal reflecting appraiser commentary for Deferred Maintenance. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. please see appraiser comments on the 11th page of the appraisal addressing this in section titled Small Income: Improvements - Condition of the Property. - Seller-01/13/2026

Open-Property Issues are Present Missing Appraiser commentary regarding the deferred maintenance items reflected in picture. 1) Rotting Wood on Exterior Property, no comments from the appraiser located in the Appraisal Report. 2) Evidence of Water leak in Unit 2, no comments from the appraiser located in the Appraisal Report. - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. please see appraiser comments on the 11th page of the appraisal addressing this in section titled Small Income: Improvements - Condition of the Property. - Seller-01/13/2026

Resolved-Received revised appraisal reflecting appraiser commentary for Deferred Maintenance. - Due Diligence Vendor-01/13/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

XXX XXX Appraisal.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FCRE1637

2026-01-06 10:45

2026-01-23 12:24

Resolved

1 - Information

Credit

Insurance

Loss Rent Insurance is required

Resolved-Documentation received, rent loss included in policy.  - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. We disagree with your request for the insurance to reflect the number of months of coverage. Per the insurance agent, typically the loss of use is 10% of the dwelling coverage.  You can see where she starred the loss of use on the policy attached. - Seller-01/23/2026

Counter-Received HOI policy, however Rent Loss coverage does not reflect number of months of coverage or amount of coverage. - Due Diligence Vendor-01/15/2026

Ready for Review-Document Uploaded.  - Seller-01/15/2026

Open-Loss Rent Insurance is required Missing Rent Loss Coverage on Hazard Policy.  - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. We disagree with your request for the insurance to reflect the number of months of coverage. Per the insurance agent, typically the loss of use is 10% of the dwelling coverage. You can see where she starred the loss of use on the policy attached. - Seller-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Documentation received, rent loss included in policy. - Due Diligence Vendor-01/23/2026

XXX hoi.pdf
XXX loss of use is a % not months.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FVAL9739

2026-01-06 12:39

2026-01-15 15:03

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Counter-Lender commentary received, however insufficient to clear condition as AIR Compliance is applicable to Non-QM loans. Still missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser." - Due Diligence Vendor-01/13/2026
Ready for Review-This requirement is not applicable to Non-QM loans - Seller-01/13/2026
Open-"Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser." - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Ready for Review-This requirement is not applicable to Non-QM loans - Seller-01/13/2026

Resolved-Received supporting documentation of AIR Compliance. - Due Diligence Vendor-01/15/2026

XXX AIR cert.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FCRE1158

2026-01-09 10:31

2026-01-15 14:40

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI policy reflecting coverage information. - Due Diligence Vendor-01/15/2026

Ready for Review-Document Uploaded. HOI attached - Seller-01/15/2026

Counter-Lender commentary received - no documentation attached. - Due Diligence Vendor-01/13/2026

Ready for Review-HOI attached - Seller-01/13/2026

Open-Hazard Insurance Policy Partially Provided Missing Hazard Insurance Policy reflecting types of coverage. Temporary Binder submitted with loan file is not complete. - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. HOI attached - Seller-01/15/2026

Ready for Review-HOI attached - Seller-01/13/2026

Resolved-Received HOI policy reflecting coverage information. - Due Diligence Vendor-01/15/2026

XXX XXX HOI.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FCRE7879

2026-01-06 11:14

2026-01-13 14:17

Resolved

1 - Information

Credit

Data

Final 1008 Qualifying LTV Variance

Resolved-Received revised 1008 reflecting corrected LTV of XXX%. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded. 1008 - Seller-01/13/2026
Open-“The 1008 LTV shows XXX%, while the calculated LTV is XXX%.” - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. 1008 - Seller-01/13/2026

Resolved-Received revised 1008 reflecting corrected LTV of XXX%. - Due Diligence Vendor-01/13/2026

XXX 1008 XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FCRE7871

2026-01-06 11:13

2026-01-13 14:16

Resolved

1 - Information

Credit

Data

Final 1008 Loan Amount Variance

Resolved-Received revised 1008 reflecting corrected Loan Amount. - Due Diligence Vendor-01/13/2026
Ready for Review-1008 attached - Seller-01/13/2026
Open-The Final Note lists the loan amount as $XXX, while Form 1008 shows a loan amount of $XXX. - Due Diligence Vendor-01/06/2026

Ready for Review-1008 attached - Seller-01/13/2026

Resolved-Received revised 1008 reflecting corrected Loan Amount. - Due Diligence Vendor-01/13/2026

XXX 1008 XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FCRE7872

2026-01-06 11:12

2026-01-13 14:16

Resolved

1 - Information

Credit

Data

Final 1008 Interest Rate Variance

Resolved-Received revised 1008 reflecting corrected Interest Rate. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded. - Seller-01/13/2026
Open-“The interest rate listed on document 1008 is XXX%, whereas the interest rate stated in the Final Note is XXX%.” - Due Diligence Vendor-01/06/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Resolved-Received revised 1008 reflecting corrected Interest Rate. - Due Diligence Vendor-01/13/2026

XXX 1008 XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

113

XXX

Closed

FPRO1244

2026-01-09 10:42

2026-01-12 09:28

Resolved

1 - Information

Property

Missing Doc

3rd Party Valuation Product is Required and Missing

Resolved-Received Low Risk CDA-value in line. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/09/2026

Open-Missing copy of Appraisal Review Report per guidelines. Evidence a CDA was ordered, however, CDA was not submitted with loan file. Re-review required. - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. - Seller-01/09/2026

Resolved-Received Low Risk CDA-value in line. - Due Diligence Vendor-01/12/2026

XXX CDA.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

114

XXX

Closed

FVAL9739

2026-01-02 16:49

2026-01-13 13:20

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received CDA reflecting Low Risk-value in line. - Due Diligence Vendor-01/13/2026
Ready for Review-Document Uploaded.  - Seller-01/13/2026
Counter-Received supporting documentation of AIR Compliance. Still missing an Appraisal Review (AVM) or XXX CU Risk Score of 2.5 or less is required in addition to appraisal. As required by guidelines. - Due Diligence Vendor-01/12/2026
Ready for Review-Document Uploaded.  - Seller-01/12/2026
Open-Missing documentation to support appraisal order meets AIR compliance. Appraisal completed for XXX reflects "No AMC" and payment was made directly to appraiser.Additionally, missing an Appraisal Review (AVM) or XXX CU Risk Score of 2.5 or less is required in addition to appraisal. As required by guidelines.  - Due Diligence Vendor-01/02/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/12/2026

Resolved-Received CDA reflecting Low Risk-value in line. - Due Diligence Vendor-01/13/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 12 months.
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is 1.

XXX AIR.pdf
CDA.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

114

XXX

Closed

FCRE1158

2026-01-07 16:56

2026-01-13 12:52

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI policy reflecting the policy number. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Open-Hazard Insurance Policy Partially Provided Missing and active policy reflecting the policy number. - Due Diligence Vendor-01/07/2026

Ready for Review-Document Uploaded. - Seller-01/13/2026

Resolved-Received HOI policy reflecting the policy number. - Due Diligence Vendor-01/13/2026

EOI w Pol #.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

115

XXX

Closed

FCRE8611

2026-01-26 17:15

2026-01-30 16:08

Resolved

1 - Information

Credit

Income/Employment

Income/Employment General

Resolved-Sales Proceeds from home owned more than 12 months are eligible for asset depletion. - Due Diligence Vendor-01/30/2026
Ready for Review-Document Uploaded. We confirmed with XXX in advance this is permissible. See the attached. - Seller-01/30/2026
Counter-Received XXX statements for XXX, XXX and XXX however, insufficient to meet guidelines.  File already contained statements for XXX, XXX and XXX.  Missing months of XXX and XXX to meet 6 month requirement (Note: sale proceeds reflected in XXX statement do not meet 6 month requirement on it's own). - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded.  - Seller-01/27/2026
Open-Missing additional 3 months bank statements from XXX Bank account ending #XXX. Per guidelines for60 months assets statements are required for asset Depedtion.  - Due Diligence Vendor-01/26/2026

Ready for Review-Document Uploaded. We confirmed with XXX in advance this is permissible. See the attached. - Seller-01/30/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Sales Proceeds from home owned more than 12 months are eligible for asset depletion. - Due Diligence Vendor-01/30/2026

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months.
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700

XXX XXX XXX.pdf
XXX XXX XXX.pdf
XXX XXX_XXX.pdf
XXX exception guidance.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

115

XXX

Closed

FCRE9500

2026-01-26 17:21

2026-01-27 16:07

Resolved

1 - Information

Credit

Missing Doc

Missing Letter of Explanation (Assets)

Resolved-Received copy of property settlement statement showing sale proceeds to borrower - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026
Open-Missing letter of explanation and source for the XXX large deposit/transfer of $XXX into XXX #XX. - Due Diligence Vendor-01/26/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received copy of property settlement statement showing sale proceeds to borrower - Due Diligence Vendor-01/27/2026

CD from sale of XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

115

XXX

Closed

FCRE7497

2026-01-26 18:19

2026-01-27 16:06

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Received copy of sale HUD1/settlement statement. Property sold. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026
Open-Missing final closing disclosure/HUD 1 from the sale of XXX. Alternatively, if still currently owned please provide all PITIA. Subject to additional conditions upon receipt. - Due Diligence Vendor-01/26/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received copy of sale HUD1/settlement statement. Property sold. - Due Diligence Vendor-01/27/2026

CD from sale of XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

115

XXX

Closed

FCRE5782

2026-01-16 16:42

2026-01-27 16:04

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received gap report. No increased or new tradelines. - Due Diligence Vendor-01/27/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received gap report. No increased or new tradelines. - Due Diligence Vendor-01/27/2026

XXX Credit Refresh.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

115

XXX

Closed

FCOM8805

2026-01-23 15:18

2026-01-27 15:49

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received documentation supporting verbal authorization on XXX. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX- Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received documentation supporting verbal authorization on XXX. - Due Diligence Vendor-01/27/2026

XXX borrower's authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

116

XXX

Closed

FCOM8805

2026-01-30 12:13

2026-02-03 17:13

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded. - Seller-02/03/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/30/2026

Ready for Review-Document Uploaded. - Seller-02/03/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-02/03/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,500.

XXX Borrower's Authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

117

XXX

Closed

FCOM8805

2026-02-03 13:36

2026-02-04 10:59

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-02/04/2026
Ready for Review-Document Uploaded. - Seller-02/04/2026
Open-Credit report dated XXX and XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX and XXX - Due Diligence Vendor-02/03/2026

Ready for Review-Document Uploaded. - Seller-02/04/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-02/04/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

XXX Authorization Form_XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

118

XXX

Closed

FCRE1158

2026-02-17 16:58

2026-02-19 09:56

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI policy. - Due Diligence Vendor-02/19/2026

Ready for Review-Document Uploaded.  - Seller-02/18/2026

Counter-Received HOI binder, however Mortgagee is not reflected. - Due Diligence Vendor-02/18/2026

Ready for Review-Document Uploaded.  - Seller-02/18/2026

Open-Hazard Insurance Policy Partially Provided  The provided hazard binder is a temporary binder. Missing an active policy binder reflecting the loan number, policy number and an effective term.  - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/18/2026

Ready for Review-Document Uploaded. - Seller-02/18/2026

Resolved-Received HOI policy. - Due Diligence Vendor-02/19/2026

DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is 1.
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 06 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85%

HOI - binder coverage.pdf

HOI - Binder.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

118

XXX

Closed

FCOM1003

2026-02-13 16:11

2026-02-18 09:59

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Warranty Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-02/18/2026

Ready for Review-Document Uploaded. - Seller-02/18/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-02/13/2026

Ready for Review-Document Uploaded. - Seller-02/18/2026

Resolved-Received Warranty Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-02/18/2026

CL-DP.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

119

XXX

Closed

FCRE7878

2026-01-13 13:07

2026-01-16 12:31

Resolved

1 - Information

Credit

Data

Final 1008 Total Debt income Ratio Variance

Resolved-Received lenders rental income calculation worksheet that matches the audited rental income calculation, and the audited DTI remains the same at XXX%. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Audited DTI of XXX% exceeds the lenders DTI of XXX% due to the rental income calculation was calculated incorrectly. Missing rental income calculation worksheet. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received lenders rental income calculation worksheet that matches the audited rental income calculation, and the audited DTI remains the same at XXX%. - Due Diligence Vendor-01/16/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

Rental Income WS.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

119

XXX

Closed

FCRE1442

2026-01-14 09:57

2026-01-15 17:04

Resolved

1 - Information

Credit

Assets

Asset 1 Expired

Resolved-Received updated XXX statement. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Asset 1 Expired Missing the XXX statement reflecting the balance of $XXX per final URLA in file, and current statement in file expired on XXX. - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received updated Vanguard statement. - Due Diligence Vendor-01/15/2026

XXX THRU XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

119

XXX

Closed

FCRE6843

2026-01-14 10:22

2026-01-15 16:58

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Received updated URLA reflecting corrected gift funds and REO information. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. Revised 1003 correcting the Gift amount and Mortgage statements for REOs - Seller-01/15/2026
Open-Missing the final URLA showing the gift amount of $XXX. The current final URLA in the file indicates the borrower received $XXX. Additionally, the file is missing the URLA that reflects the mortgages associated with the borrower’s prospective REOs - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. Revised 1003 correcting the Gift amount and Mortgage statements for REOs - Seller-01/15/2026

Resolved-Received updated URLA reflecting corrected gift funds and REO information. - Due Diligence Vendor-01/15/2026

XXX Mortgage Statements.pdf
XXX Revised 1003.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

120

XXX

Closed

FCOM8805

2026-01-08 11:16

2026-01-21 11:23

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/21/2026
Ready for Review-Document Uploaded.  - Seller-01/21/2026
Counter-Received duplicate Lender LOX previously provided which is for the wrong borrower. Still missing documentation to support borrower's authorization to pull credit on XXX. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded.  - Seller-01/16/2026
Counter-Received Lender LOX, however it is for the wrong borrower. Still missing documentation to support borrower's authorization to pull credit on XXX. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded.  - Seller-01/16/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded.  - Seller-01/21/2026

Ready for Review-Document Uploaded.  - Seller-01/16/2026

Ready for Review-Document Uploaded.  - Seller-01/16/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/21/2026

XXX LOE.pdf
XXX LOE.pdf
XXX LOE.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

120

XXX

Closed

FCOM1209

2026-01-08 10:06

2026-01-16 13:24

Resolved

1 - Information

Compliance

Closing

Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty

Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. - Seller-01/16/2026
Counter-Note and Prepayment Addendum to Note attached are for another Loan #. Need Prepayment Addendum to Note for Loan # XXX. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. The note & prepayment addendum attached and were in the file. Can you please rereview and waive? - Seller-01/16/2026
Open-Note Does Not Indicate a Prepayment Penalty but CD Indicates a Prepayment Penalty Prepayment Addendum to Note is missing from the file, subject to re-calculation of qualifying Note terms upon receipt. - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded. - Seller-01/16/2026

Ready for Review-Document Uploaded. The note & prepayment addendum attached and were in the file. Can you please rereview and waive? - Seller-01/16/2026

Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-01/16/2026

XXX Note & prepay.pdf
XXX Note & prepay.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

120

XXX

Closed

FCOM3596

2026-01-08 10:19

2026-01-16 13:20

Resolved

1 - Information

Compliance

Missing Doc

Missing Prepayment Rider

Resolved-Received Prepayment Rider. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. - Seller-01/16/2026
Counter-Prepayment Rider attached is for another Loan #. Need Prepayment Rider for Loan # XXX. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. Prepayment rider attached and was in file. Can you please re review and waive? - Seller-01/16/2026
Open-Mortgage Prepayment Rider is missing from the file, subject to re-calculation of qualifying Note terms upon receipt. - Due Diligence Vendor-01/08/2026

Ready for Review-Document Uploaded. - Seller-01/16/2026

Ready for Review-Document Uploaded. Prepayment rider attached and was in file. Can you please re review and waive? - Seller-01/16/2026

Resolved-Received Prepayment Rider. - Due Diligence Vendor-01/16/2026

XXX Prepay rider.pdf
XXX Prepay rider.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

120

XXX

Closed

FCRE1148

2026-01-08 09:45

2026-01-16 13:19

Resolved

1 - Information

Credit

Title

Title Coverage is Less than Subject Lien(s) Total

Resolved-Received revised title commitment reflecting correct loan amount coverage. - Due Diligence Vendor-01/16/2026
Ready for Review-Document Uploaded. - Seller-01/16/2026
Counter-Lender commentary received, however insufficient to clear condition as loan amount is $XXX. Title commitment reflects title coverage of $XXX. Missing updated title commitment or title supplement reflecting sufficient title coverage. - Due Diligence Vendor-01/16/2026
Ready for Review-Please advise as the title report shows loan amount as $XXX & that is correct - Seller-01/16/2026
Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing an updated title report or supplement reflecting the policy coverage equal to or greater than the loan amount. - Due Diligence Vendor-01/13/2026

Ready for Review-Document Uploaded. - Seller-01/16/2026
Ready for Review-Please advise as the title report shows loan amount as $XXX & that is correct - Seller-01/16/2026

Resolved-Received revised title commitment reflecting correct loan amount coverage. - Due Diligence Vendor-01/16/2026

XXX Commitment XXX revised.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

121

XXX

Closed

FCRE1158

2026-01-09 12:22

2026-01-12 10:24

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received confirmation of hazard insurance premium. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. Please see the insurance agent’s email confirmation about Premium - Seller-01/10/2026

Open-Hazard Insurance Policy Partially Provided Hazard Policy submitted is missing Annual Poly Premium. Subject to recalculation of DSCR Ratio upon receipt. - Due Diligence Vendor-01/09/2026

Ready for Review-Document Uploaded. Please see the insurance agent’s email confirmation about Premium - Seller-01/10/2026

Resolved-Received confirmation of hazard insurance premium. - Due Diligence Vendor-01/12/2026

Insurance Agent confirm about Premium.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

122

XXX

Closed

FCRE7551

2026-01-29 12:28

2026-02-17 16:29

Resolved

1 - Information

Credit

Missing Doc

Missing Divorce Decree

Resolved-Received updated 1008 reflecting $XXX monthly payment included in qualifying. - Due Diligence Vendor-02/17/2026
Ready for Review-Document Uploaded.  - Seller-02/16/2026
Counter-Received revised 1008/1003 removing child support payment, however insufficient to clear condition. Missing supporting documentation for $XXX payment to XXX reflected on multiple bank statements as it is not listed as a debt on the borrower's credit report. - Due Diligence Vendor-02/10/2026
Ready for Review-Document Uploaded.  - Seller-02/09/2026
Counter-Lender commentary received, however it is not pertinent to this condition as no child or spousal support is required per Divorce Decree. Unable to determine where $XXX child support payment Lender included in DTI is derived from. - Due Diligence Vendor-02/06/2026
Ready for Review-The divorce decree shows the child's age at the time of child support, which is now XXX. - Seller-02/06/2026
Counter-Received Divorce Decree, however no child or spousal support is required. Unable to determine where $XXX child support payment is coming from. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded.  - Seller-02/03/2026
Open-Missing supporting documentation evidencing the borrower pays $XXX in child support, lender added an $XXX child support obligation however there isn't any supporting documentation other than borrower's bank statement reflecting a payout of $XXX. - Due Diligence Vendor-01/29/2026

Ready for Review-Document Uploaded.  - Seller-02/16/2026
Ready for Review-Document Uploaded.  - Seller-02/09/2026
Ready for Review-The divorce decree shows the child's age at the time of child support, which is now XXX. - Seller-02/06/2026
Ready for Review-Document Uploaded.  - Seller-02/03/2026

Resolved-Received updated 1008 reflecting $XXX monthly payment included in qualifying. - Due Diligence Vendor-02/17/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 70%
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620

XXX Divorce.pdf
XXX 1003 AND 1008.pdf
1008 updated XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

122

XXX

Closed

FCRE4989

2026-01-29 12:26

2026-02-03 11:41

Resolved

1 - Information

Credit

Closing

Collections, liens or judgments not paid at closing

Resolved-Received Clear final title policy reflecting no liens or judgements. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded. - Seller-02/03/2026
Open-Missing evidence the judgement on title with xxx Case Number xxx in the amount of $XXX has been paid in full. - Due Diligence Vendor-01/29/2026

Ready for Review-Document Uploaded. - Seller-02/03/2026

Resolved-Received Clear final title policy reflecting no liens or judgements. - Due Diligence Vendor-02/03/2026

FINAL TITLE WITH NO JUDGEMENTS AND REFERENCED THAT THEY REMOVED ON FINAL.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

123

XXX

Closed

FVAL9739

2026-01-27 18:12

2026-02-24 16:45

Resolved

1 - Information

Property

Appraisal

Property/Appraisal General

Resolved-Received HOI policy effective at time of loan closing. - Due Diligence Vendor-02/24/2026
Ready for Review-Document Uploaded. Please updated HOI with effective date prior to closing - file now qualifies - Seller-02/24/2026
Counter-Received new HOI policy, however policy was not in effect at time of loan closing and is unable to be used to qualify. Original condition remains. Calculated DSCR of .XXX does not meet minimum of 1.0 - existing exception waiver for first time homebuyer also requires minimum DSCR of 1.0. Calculation: P&I $XXX + tax $XXX/12 = $XXX + Hazard $XXX/12 = $XXX + HOA $XXX/12 = $XXX full pitia $XXX vs rents $XXX = DSCR .XXX. - Due Diligence Vendor-02/04/2026
Ready for Review-Document Uploaded. Please find attached the updated HOI policy and the updated URLA that takes our DSCR back over 1.0 - Seller-02/04/2026
Open-NEW: Calculated DSCR of .XXX does not meet minimum of 1.0 - existing exception waiver for first time homebuyer also requires minimum DSCR of 1.0. Calculation: P&I $XXX + tax $XXX/12 = $XXX + Hazard $XXX/12 = $XXX + HOA $XXX/12 = $XXX full pitia $XXX vs rents $XXX = DSCR .XXX. - Due Diligence Vendor-01/27/2026

Ready for Review-Document Uploaded. Please updated HOI with effective date prior to closing - file now qualifies - Seller-02/24/2026

Ready for Review-Document Uploaded. Please find attached the updated HOI policy and the updated URLA that takes our DSCR back over 1.0 - Seller-02/04/2026

Resolved-Received HOI policy effective at time of loan closing. - Due Diligence Vendor-02/24/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.

Policy Documents XXX.XXX.pdf
XXX updated urla.pdf
XXX.HOA.Dec.Page.endorsed.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

123

XXX

Closed

FCRE1858

2026-01-14 10:31

2026-01-21 13:34

Waived

2 - Non-Material

Credit

Borrower

First time Home-Buyer but Mtg on credit history

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-01/21/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Open-Missing Lenders exception for borrower being a First Time Home Buyer. Per lender guidelines FTHB is on an exception basis. - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded. - Seller-01/21/2026

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-01/21/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.

1) XXX FICO is greater than 680 minimum
2) XXX months of Reserves are greater than 3 month minimum
3) 0x30x24

XXX Exception Form.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

Originator Post-Close

Yes

XXX

123

XXX

Closed

FCOM1221

2026-01-12 15:53

2026-01-14 13:08

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received Deed of Trust inclusive of Exhibit "A" Legal Description. - Due Diligence Vendor-01/14/2026
Ready for Review-Document Uploaded. - Seller-01/14/2026
Open-The Deed of Trust is Incomplete The Deed of Trust is missing the legal description attached as Exhibit A. Deed of Trust in file dated XXX reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 3, however, Exhibit A is missing. Need full copy of Deed of Trust inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/14/2026

Resolved-Received Deed of Trust inclusive of Exhibit "A" Legal Description. - Due Diligence Vendor-01/14/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.

deed of trust.pdf

Prepayment_Rider.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

123

XXX

Closed

FCOM3596

2026-01-12 15:48

2026-01-14 13:06

Resolved

1 - Information

Compliance

Missing Doc

Missing Prepayment Rider

Resolved-Received Prepayment Rider to Deed of Trust.  - Due Diligence Vendor-01/14/2026

Ready for Review-Document Uploaded.  - Seller-01/14/2026

Open-Missing Prepayment Rider to Deed of Trust.  - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/14/2026

Resolved-Received Prepayment Rider to Deed of Trust. - Due Diligence Vendor-01/14/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.

Prepayment_Rider.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

124

XXX

Closed

FCRE1458

2026-01-20 22:45

2026-01-23 11:31

Resolved

1 - Information

Credit

Assets

Asset 4 Less Than 2 Months Verified

Resolved-Received prior months full statement and month-to-date to 1/10/2026. - Due Diligence Vendor-01/23/2026
Ready for Review-Document Uploaded. Printout pages 3-8 should not be needed as the activity history starts from XXX to XXX and the Dec full statement ends XXX so we have overlap on the account history. - Seller-01/23/2026
Open-Asset 4 Less Than 2 Months Verified The XXX, XXX #XXX, account details printout is incomplete, missing pages 3 through 8. - Due Diligence Vendor-01/21/2026

Ready for Review-Document Uploaded. Printout pages 3-8 should not be needed as the activity history starts from XXX to XXX and the Dec full statement ends XXX so we have overlap on the account history. - Seller-01/23/2026

Resolved-Received prior months full statement and month-to-date to XXX. - Due Diligence Vendor-01/23/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 90%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680.
Residual Income greater than minimum required - $$XXX residual income is greater than minimum residual income required per guidelines $2,500.

Account Details _ XXX.pdf
XXX XXX to XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

124

XXX

Closed

FCRE7497

2026-01-20 13:18

2026-01-23 11:28

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Loan terms, tax, hazard and hoa provided. - Due Diligence Vendor-01/23/2026
Ready for Review-Document Uploaded. Home on XXX was refinanced. See CD from refinance showing PITI and HOA dues docs. - Seller-01/23/2026
Open-Missing taxes, insurance and HOA for non-subject property XXX from loan file. - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. Home on XXX was refinanced. See CD from refinance showing PITI and HOA dues docs. - Seller-01/23/2026

Resolved-Loan terms, tax, hazard and hoa provided. - Due Diligence Vendor-01/23/2026

XXX_refi closing.pdf
HOA current res.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

124

XXX

Closed

FCRE7871

2026-01-20 13:04

2026-01-23 11:25

Resolved

1 - Information

Credit

Data

Final 1008 Loan Amount Variance

Resolved-Updated 1008 received. - Due Diligence Vendor-01/23/2026
Ready for Review-Document Uploaded. 1008 at XXX - Seller-01/23/2026
Open-As per Note final loam amount is $XXX, however 1008 reflected $XXX - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. 1008 at XXX- Seller-01/23/2026

Resolved-Updated 1008 received. - Due Diligence Vendor-01/23/2026

1008.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

124

XXX

Closed

FCOM1329

2026-01-20 11:08

2026-01-23 08:47

Resolved

1 - Information

Compliance

Missing Doc

Missing Anti-Steering Disclosure

Resolved-Received Loan Options Disclosure. - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. LOD - Seller-01/23/2026

Open- - Due Diligence Vendor-01/20/2026

Ready for Review-Document Uploaded. LOD - Seller-01/23/2026

Resolved-Received Loan Options Disclosure. - Due Diligence Vendor-01/23/2026

Loan option disclosure is missing.

2015 anti steering loan option disclosure.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

125

XXX

Closed

FCRE6843

2026-01-30 13:40

2026-02-05 12:14

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Received Gift Letter reflecting Donor signature. - Due Diligence Vendor-02/05/2026
Ready for Review-The gift letter that was uploaded does have XXX signature. Please review again - Seller-02/05/2026
Counter-Received same gift letter already included in loan file which is insufficient to clear condition as it is missing the Donor's signature. Still missing fully executed Gift Letter from XXX. - Due Diligence Vendor-02/04/2026
Ready for Review-Document Uploaded. - Seller-02/04/2026
Open-Missing the executed gift letter from XXX. One in file is not executed by Giftor. - Due Diligence Vendor-01/30/2026

Ready for Review-The gift letter that was uploaded does have XXX signature. Please review again - Seller-02/05/2026
Ready for Review-Document Uploaded. - Seller-02/04/2026

Resolved-Received Gift Letter reflecting Donor signature. - Due Diligence Vendor-02/05/2026

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

125

XXX

Closed

FCOM1003

2026-01-29 17:17

2026-02-03 13:08

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-02/03/2026

Ready for Review-Document Uploaded. - Seller-02/03/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-01/29/2026

Ready for Review-Document Uploaded. - Seller-02/03/2026

Resolved-Received Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-02/03/2026

Deed copy for buyers.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

126

XXX

Closed

FCOM8805

2026-02-03 16:23

2026-02-05 12:20

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-02/05/2026
Ready for Review-Document Uploaded. - Seller-02/05/2026
Open-Credit report dated XXX pulled by XXX. is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-02/03/2026

Ready for Review-Document Uploaded. - Seller-02/05/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-02/05/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680

Credit Auth LOE- XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

127

XXX

Closed

FCOM8805

2026-01-12 14:48

2026-01-22 10:01

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026
Ready for Review-Document Uploaded. please see the attached signed  LOX from the LO stating that he received verbal authorization from XXX to pull credit  - Seller-01/22/2026
Counter-Received borrower authorization previously provided; however, it is not signed by the co-borrower. Still missing authorization from both borrowers to pull credit on XXX and XXX. - Due Diligence Vendor-01/21/2026
Ready for Review-Document Uploaded.  - Seller-01/21/2026
Counter-Received borrower authorization previously provided; however, it is not signed by the co-borrower. Still missing authorization from both borrowers to pull credit on XXX. - Due Diligence Vendor-01/20/2026
Ready for Review-Document Uploaded.  - Seller-01/20/2026
Counter-Received borrower authorization, however it is not signed by the co-borrower. Still missing borrower authorization to pull credit on XXX. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded.  - Seller-01/15/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. please see the attached signed  LOX from the LO stating that he received verbal authorization from XXX to pull credit  - Seller-01/22/2026
Ready for Review-Document Uploaded.  - Seller-01/21/2026
Ready for Review-Document Uploaded.  - Seller-01/20/2026
Ready for Review-Document Uploaded.  - Seller-01/15/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/22/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 18 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 740

XXX = XXX.pdf
XXX = XXX.pdf
XXX = XXX.pdf
credrep_auth_verbal_XXX (003).pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

127

XXX

Closed

FCRE1158

2026-01-12 14:29

2026-01-15 11:58

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received updated HOI policy reflecting correct Mortgagee. - Due Diligence Vendor-01/15/2026
Ready for Review-Document Uploaded. - Seller-01/15/2026
Open-Hazard Insurance Policy Partially Provided According to the note, the lender is XXX, doing business as XXX, a Limited Liability Company. However, the mortgagee clause on the HOI policy lists ‘XXX XXX/XXX’. - Due Diligence Vendor-01/12/2026

Ready for Review-Document Uploaded. - Seller-01/15/2026

Resolved-Received updated HOI policy reflecting correct Mortgagee. - Due Diligence Vendor-01/15/2026

HOI - XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

128

XXX

Closed

FCRE1491

2026-02-11 16:55

2026-04-15 08:53

Resolved

1 - Information

Credit

Assets

Asset Qualification Does Not Meet Guideline Requirements

Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-04/08/2026
Resolved-Received supporting documentation for percentage of ownership. See NEW condition as file is short funds to close and Reserves based on 40% ownership. - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded. - Seller-04/03/2026
Counter-Emailed Lender to provide additional clarification. - Due Diligence Vendor-03/16/2026
Ready for Review-Document Uploaded. I wanted to confirm that you have the LLC in your file as well - Seller-03/16/2026
Counter-Received documentation previously provided which is insufficient to clear condition as entity name is the sole owner of the account and does not support borrower is the sole owner of the entity. - Due Diligence Vendor-02/25/2026
Ready for Review-Document Uploaded. Can you clarify why the attached is not acceptable as it states she is the sole owner? - Seller-02/25/2026
Counter-Received XXX statement, however insufficient to clear condition. Still missing acceptable evidence of borrower's percentage of ownership in XXX - Due Diligence Vendor-02/19/2026
Ready for Review-Document Uploaded. The above statement from XXX reflects XXX with XXX as the sole owner/signer. She is the only one on the business account. Please forward to investor. Thanks. - Seller-02/19/2026
Open-Missing evidence of percentage of ownership of XXX., account owner of XXX xxXXX. Per guidelines, the business funds credited to the borrower cannot exceed the borrower’s ownership percentage. - Due Diligence Vendor-02/11/2026

Ready for Review-Document Uploaded. - Seller-04/03/2026
Ready for Review-Document Uploaded. I wanted to confirm that you have the LLC in your file as well - Seller-03/16/2026
Ready for Review-Document Uploaded. Can you clarify why the attached is not acceptable as it states she is the sole owner? - Seller-02/25/2026
Ready for Review-Document Uploaded. The above statement from XXX reflects XXX with XXX as the sole owner/signer. She is the only one on the business account. Please forward to investor. Thanks. - Seller-02/19/2026

statement.pdf
Sole owner.pdf
LLC.pdf
llcs.pdf
LLC docs.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

128

XXX

Closed

FCRE1499

2026-04-06 13:23

2026-04-15 08:53

Resolved

1 - Information

Credit

Assets

Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount

Resolved-Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $XXX - Due Diligence Vendor-04/15/2026
Resolved-Documentation received to support bororwer is sole principal for XXX - Due Diligence Vendor-04/14/2026
Ready for Review-I believe we may be mixing up companies with XXX. This is a DSCR and the funds used was thru the business XXX and I provided the certificate that shows brw is 100 % owner. Brw has 100% access to the funds used at XXX. - Seller-04/14/2026
Counter-Per Operating Agreement, borrower is 52% owner, therefore only 52% of assets can be used from the business account. File is short Total Required Reserve Amount of $XXX. Additionally, assets are insufficient for funds to close by $XXX Total funds shortage = $XXX. - Due Diligence Vendor-04/08/2026
Ready for Review-Brw is 100% owner and 100% access to funds - Seller-04/08/2026
Counter-Received assets already included in loan file which are insufficient as borrower is only able to use 40% of funds available due to ownership percentage. - Due Diligence Vendor-04/08/2026
Ready for Review-Document Uploaded. Please clarify as there is $XXX - Seller-04/08/2026
Open-Total Qualified Assets for Reserves Post-Close of $0 is less than Total Required Reserve Amount of $XXX. Additionally, assets are insufficient for funds to close by $XXX. Total funds shortage = $XXX. - Due Diligence Vendor-04/06/2026

Ready for Review-I believe we may be mixing up companies with XXX. This is a DSCR and the funds used was thru the business XXX and I provided the certificate that shows brw is 100 % owner. Brw has 100% access to the funds used at XXX. - Seller-04/14/2026
Ready for Review-Brw is 100% owner and 100% access to funds - Seller-04/08/2026
Ready for Review-Document Uploaded. Please clarify as there is $XXX - Seller-04/08/2026

Assets.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

128

XXX

Closed

FCOM1003

2026-02-10 14:20

2026-02-27 13:09

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-02/27/2026

Ready for Review-Document Uploaded. - Seller-02/27/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-02/10/2026

Ready for Review-Document Uploaded. - Seller-02/27/2026

Resolved-Received Deed to confirm Vesting on Mortgage in file. - Due Diligence Vendor-02/27/2026

XXX deed.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

129

XXX

Closed

FCRE3653

2026-02-17 11:10

2026-02-20 15:32

Resolved

1 - Information

Credit

Missing Doc

Missing letter of explanation

Resolved-Received borrower cash out letter. - Due Diligence Vendor-02/20/2026

Ready for Review-Document Uploaded. - Seller-02/20/2026

Open-Missing cash out letter of explanation. - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/20/2026

Resolved-Received borrower cash out letter. - Due Diligence Vendor-02/20/2026

cash out XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

129

XXX

Closed

FCRE5809

2026-02-17 11:10

2026-02-19 16:44

Resolved

1 - Information

Credit

Missing Doc

Missing evidence of self employment

Resolved-Received income calculation worksheet. - Due Diligence Vendor-02/19/2026
Ready for Review-Document Uploaded. - Seller-02/19/2026
Open-Missing bank statement income calculation worksheet for XXX - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/19/2026

Resolved-Received income calculation worksheet. - Due Diligence Vendor-02/19/2026

XX.WAC - blown up.pdf
XXX.WAC - legal size.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

129

XXX

Closed

FCRE4104

2026-02-17 11:14

2026-02-19 15:22

Resolved

1 - Information

Credit

Missing Doc

Missing explanation and supporting documentation for large deposit(s)

Resolved-Received supporting documentation for large deposits. - Due Diligence Vendor-02/19/2026
Ready for Review-Document Uploaded. - Seller-02/19/2026
Open-Missing the source of large deposit listed as follows...XXX Wire Deposit Wires XXX XXX XXX $XXX XXX Deposit $XXX XXX Deposit $XXX XXX5 Deposit $XXX XXX Deposit $XXX XXX Deposit $XXX XXX Deposit $XXX XXX Wire Deposit Wires XXX XXX XXX $XXX XXX Wire Deposit Wires XXX XXX XXX $XXX XXX Deposit $XXX XXX Wire Deposit Wires XXX XXX XXX $XXX XXX Wire Deposit WiresXXX XXX XXX $XXX - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/19/2026

Resolved-Received supporting documentation for large deposits. - Due Diligence Vendor-02/19/2026

source of deposits.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

129

XXX

Closed

FCRE8611

2026-02-17 11:09

2026-02-19 14:23

Resolved

1 - Information

Credit

Income/Employment

Income/Employment General

Resolved-Received Social Security Income Award Letters. - Due Diligence Vendor-02/19/2026
Ready for Review-Document Uploaded. - Seller-02/19/2026
Open-Missing social security awards letter reflecting an income amount of $XXX for Borrower & $XXX for Co-Borrower. - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/19/2026

Resolved-Received Social Security Income Award Letters. - Due Diligence Vendor-02/19/2026

XXX sse2.pdf
XXX ssi.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

130

XXX

Closed

FCRE1158

2026-03-20 16:44

2026-04-08 15:53

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI policy reflecting borrower as an Insured. - Due Diligence Vendor-04/08/2026
Ready for Review-Document Uploaded.  - Seller-04/08/2026
Ready for Review-the borrower was added to the policy- her name is listed to the right of the entity  - Seller-04/08/2026
Counter-Received HOI policy reflected Insured as XXX. HOI to reflect Insured as the borrower as the loan closed in the borrower's individual name and not the business entity. - Due Diligence Vendor-04/08/2026
Ready for Review-Document Uploaded.  - Seller-04/08/2026
Open-Hazard Insurance Policy Partially Provided Missing evidence Hazard Insurance is in the borrower's name as Name Insured.  Currently named insured XXX.  - Due Diligence Vendor-03/20/2026

Ready for Review-Document Uploaded.  - Seller-04/08/2026

Ready for Review-the borrower was added to the policy- her name is listed to the right of the entity  - Seller-04/08/2026

Ready for Review-Document Uploaded.  - Seller-04/08/2026

Resolved-Received HOI policy reflecting borrower as an Insured. - Due Diligence Vendor-04/08/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

Evidence+of+Property+Insurance+XXX+XXX (12).pdf
HOI.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

130

XXX

Closed

FCRE1148

2026-03-20 16:44

2026-04-06 11:51

Resolved

1 - Information

Credit

Title

Title Coverage is Less than Subject Lien(s) Total

Resolved-Received revised title commitment reflecting sufficient title coverage. - Due Diligence Vendor-04/06/2026
Ready for Review-Document Uploaded.  - Seller-04/06/2026
Counter-Received revised title commitment, however Schedule B, #4 reflects loan amount of $XXX. Still missing revised title reflecting sufficient title coverage. - Due Diligence Vendor-03/23/2026
Ready for Review-Document Uploaded.  - Seller-03/23/2026
Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Missing Title Supplemental Report/revised Schedule A reflecting correct loan amount coverage.  - Due Diligence Vendor-03/20/2026

Ready for Review-Document Uploaded. - Seller-04/06/2026

Ready for Review-Document Uploaded. - Seller-03/23/2026

Resolved-Received revised title commitment reflecting sufficient title coverage. - Due Diligence Vendor-04/06/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

2021 RESPA Commitment.docx - XXX.pdf
2021 RESPA Commitment.docx - XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

130

XXX

Closed

FCOM1221

2026-03-18 15:59

2026-03-30 14:45

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received Mortgage inclusive of all Pages.  - Due Diligence Vendor-03/30/2026
Ready for Review-Document Uploaded.  - Seller-03/30/2026
Open-The Deed of Trust is Incomplete Mortgage in file dated XXX is missing Page 10 of 13.  - Due Diligence Vendor-03/18/2026

Ready for Review-Document Uploaded. - Seller-03/30/2026

Resolved-Received Mortgage inclusive of all Pages. - Due Diligence Vendor-03/30/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

XXX - XXX - Recorded Mortgage.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

130

XXX

Closed

FCRE1204

2026-03-18 16:22

2026-03-23 13:17

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-Lender LOX received. - Due Diligence Vendor-03/23/2026

Ready for Review-Document Uploaded. fraud comments are listed and were attached to the upload. attaching here again - Seller-03/23/2026

Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed and cleared all the high impact items reflected on the fraud report. - Due Diligence Vendor-03/20/2026

Ready for Review-Document Uploaded. fraud comments are listed and were attached to the upload. attaching here again - Seller-03/23/2026

Resolved-Lender LOX received. - Due Diligence Vendor-03/23/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%

fraud with comments.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

131

XXX

Closed

FCRE5782

2026-02-10 10:46

2026-02-17 10:12

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-02/17/2026

Ready for Review-Document Uploaded. - Seller-02/16/2026

Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-02/10/2026

Ready for Review-Document Uploaded. - Seller-02/16/2026

Resolved-Received gap credit report reflecting no new debt or inquiries. - Due Diligence Vendor-02/17/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

Credit refresh.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

131

XXX

Closed

FCOM8805

2026-02-11 14:39

2026-02-17 10:08

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-02/17/2026
Ready for Review-Document Uploaded. - Seller-02/16/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-02/11/2026

Ready for Review-Document Uploaded. - Seller-02/16/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-02/17/2026

XXX borrower's authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

131

XXX

Closed

FCOM1221

2026-02-11 14:52

2026-02-17 08:59

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received Mortgage inclusive of Legal Description. - Due Diligence Vendor-02/17/2026
Ready for Review-Document Uploaded. - Seller-02/16/2026
Open-The Deed of Trust is Incomplete The Mortgage is missing the legal description attached as Exhibit A. Mortgage in file dated XXX reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A"." on Page 3, however, Exhibit A is missing. Need full copy of Mortgage inclusive of Exhibit A Legal Description and any Riders. - Due Diligence Vendor-02/11/2026

Ready for Review-Document Uploaded. - Seller-02/16/2026

Resolved-Received Mortgage inclusive of Legal Description. - Due Diligence Vendor-02/17/2026

XXX MTG with LD.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

132

XXX

Closed

FCOM8805

2026-01-22 16:44

2026-01-27 13:12

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received signed borrower authorization. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-01/22/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received signed borrower authorization. - Due Diligence Vendor-01/27/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720

XX - Dated XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

132

XXX

Closed

FCRE1204

2026-01-22 16:04

2026-01-26 21:12

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-Received copy of report reflecting lender's comments for cleared high alert items. - Due Diligence Vendor-01/27/2026

Ready for Review-Document Uploaded. - Seller-01/26/2026

Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed and cleared all the high impact items reflected on the fraud report. - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/26/2026

Resolved-Received copy of report reflecting lender's comments for cleared high alert items. - Due Diligence Vendor-01/27/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720

XXX.XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCOM8805

2026-01-23 12:37

2026-01-28 16:29

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-01/28/2026
Ready for Review-Document Uploaded. - Seller-01/28/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. - Seller-01/28/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-01/28/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

XXX autorization to pull credit.pdf
XXX autorization to pull credit.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCRE1764

2026-01-23 12:02

2026-01-28 16:14

Resolved

1 - Information

Credit

Missing Doc

Missing Verification of Mortgage

Resolved-Received credit supplement reflecting pay history. - Due Diligence Vendor-01/28/2026
Ready for Review-Document Uploaded. XXX supplement for correct loan number - Seller-01/28/2026
Counter-Received copies of credit report mortgage items. None match the Mortgage statement with XXX xxXXX $XXX x $XXX/month. Missing 12 month re-payment history. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. XXX is on this credit supplement attached - Seller-01/27/2026
Open-Missing mortgage payment history for property located at XXX. Mortgage statement submitted from XXX xxXXX does not reflect payment history. Payment history for all mortgages is required to be verified per guidelines. - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. XXX supplement for correct loan number - Seller-01/28/2026
Ready for Review-Document Uploaded. XXX is on this credit supplement attached - Seller-01/27/2026

Resolved-Received credit supplement reflecting pay history. - Due Diligence Vendor-01/28/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

Supplement 2 XXX.pdf
Supplement 1 XXX.pdf
Supplement XXX #XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCRE7497

2026-01-23 19:42

2026-01-28 10:20

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Received PITIA for additional REOs. - Due Diligence Vendor-01/28/2026
Ready for Review-Document Uploaded. Muy apologies - please see letter from borrower addressing HOA fees on all propertis - Seller-01/28/2026
Counter-Received mortgage statements for additional properties reflecting accounts are escrowed, however missing HOA statements for all properties (if applicable.) 1) XXX; 2) XXX; 3) XXX; 4) XXX; 5) XXX; 6) XXX; 7) XXX; 8) XXX. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026
Open-Missing evidence of PITIA (mortgage coupon; insurance; property taxes; HOA coupon) for 8 additional financed properties located at:
1) XXX; 2) XXX; 3) XXX; 4) XXX; 5) XXX; 6) XXX; 7) XXX; 8) XXX. Credit Report does not show evidence taxes or insurance are included in payment. Subject to recalculation of DTI. - Due Diligence Vendor-01/24/2026

Ready for Review-Document Uploaded. My apologies - please see letter from borrower addressing HOA fees on all propertis - Seller-01/28/2026
Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received PITIA for additional REOs. - Due Diligence Vendor-01/28/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

Mtg Statament- XXX.pdf
Mtg Statement- XXX.pdf
Mtg Statement- XXX.pdf
Mtg Statement- XXX (Most recent)  XXX.pdf
Mtg Statetment- XXX  XXX.pdf
Mtg Statement- XXX   XXX.pdf
Mtg Statement- XXX  XXX.pdf
Mtg Statement- XXX  XXX.pdf
no hoa lettere signed   XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCRE5782

2026-01-23 11:53

2026-01-27 17:16

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Gap report received - one inquiry buy existing lender. - Due Diligence Vendor-01/27/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Open-Borrower 1 Gap Credit Report is Missing Missing GAP Credit Report dated within 30 days of Note Date. Subject to recalculation of DTI. - Due Diligence Vendor-01/24/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Gap report received - one inquiry buy existing lender. - Due Diligence Vendor-01/27/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

XXX Gap Credit Report.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCRE2052

2026-01-23 12:03

2026-01-27 17:08

Resolved

1 - Information

Credit

Missing Doc

Missing Tax Cert

Resolved-Received tax cert for property located at XXX. - Due Diligence Vendor-01/27/2026
Ready for Review-Document Uploaded. Please see attached Tax Cert for XXX - Seller-01/27/2026
Open-Missing tax cert for property owned free & clear located at XXX. Subject to recalculation of DTI. - Due Diligence Vendor-01/23/2026

Ready for Review-Document Uploaded. Please see attached Tax Cert for XXX - Seller-01/27/2026

Resolved-Received tax cert for property located at XXX. - Due Diligence Vendor-01/27/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

Property Search- XXX XXX.pdf
Tax Cert- XXX XXX.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

133

XXX

Closed

FCRE1204

2026-01-23 19:33

2026-01-27 13:03

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-Received Lender addressed high impact items. - Due Diligence Vendor-01/27/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender cleared all the high impact items reflected on the fraud report. - Due Diligence Vendor-01/24/2026

Ready for Review-Document Uploaded. - Seller-01/27/2026

Resolved-Received Lender addressed high impact items. - Due Diligence Vendor-01/27/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%

XXX Fraud Report.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Other

N/A

XXX

134

XXX

Closed

FCRE1440

2026-02-02 13:29

2026-02-02 19:58

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-02/03/2026

Open-Housing History Does Not Meet Guideline Requirements - Due Diligence Vendor-02/02/2026

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-02/03/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,500.

Non-QM: Lender documented all ATR UW factors

XXX

Second Home

Refinance

Cash Out - Other

N/A

XXX

134

XXX

Closed

FCRE5116

2026-02-02 13:29

2026-02-02 19:58

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-02/03/2026

Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. - Due Diligence Vendor-02/02/2026

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-02/03/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,500.

Non-QM: Lender documented all ATR UW factors

XXX

Second Home

Refinance

Cash Out - Other

N/A

XXX

135

XXX

Closed

FCRE1158

2026-01-28 14:24

2026-02-03 09:54

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Partial

Resolved-Received HOI reflecting policy number. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded. Please see Attached EOI with Policy Number XXX - Seller-02/03/2026
Open-Hazard Insurance Policy Partially Provided The policy number is not provided on the document. - Due Diligence Vendor-01/28/2026

Ready for Review-Document Uploaded. Please see Attached EOI with Policy Number XXX - Seller-02/03/2026

Resolved-Received HOI reflecting policy number. - Due Diligence Vendor-02/03/2026

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 85%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months.

Declarations (3).PDF

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

135

XXX

Closed

FCRE7497

2026-01-30 20:19

2026-02-02 16:07

Resolved

1 - Information

Credit

Missing Doc

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

Resolved-Received supporting documentation for additional fees on non-subject properties. - Due Diligence Vendor-02/02/2026
Ready for Review-Document Uploaded. - Seller-01/31/2026
Open-Missing HOA/Other feeds for non-subject properties: XXX (HOA $XXX) and XXX (Other Fees $XXX) - Due Diligence Vendor-01/31/2026

Ready for Review-Document Uploaded. - Seller-01/31/2026

Resolved-Received supporting documentation for additional fees on non-subject properties. - Due Diligence Vendor-02/02/2026

HOA document.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

136

XXX

Closed

FCRE1198

2026-02-10 15:37

2026-02-11 17:16

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/11/2026
Resolved-Lender using Reduced Reserves of XXX months. Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of 3 month(s) - Due Diligence Vendor-02/11/2026
Ready for Review-Document Uploaded. - Seller-02/11/2026
Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of 6 month(s) Borrower is short XXX months in reserves. - Due Diligence Vendor-02/11/2026

Ready for Review-Document Uploaded. - Seller-02/11/2026

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%

XXX_XXXMemo Style.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

No Cash Out - Borrower Initiated

N/A

XXX

136

XXX

Closed

FCRE1499

2026-02-10 15:31

2026-02-11 17:13

Resolved

1 - Information

Credit

Assets

Total Qualified Assets for Reserves Post-Close is less than Total Required Reserve Amount

Resolved-Lender using Reduced Reserves of XXX months. Total Qualified Assets for Reserves Post-Close of $XXX is equal to or greater than Total Required Reserve Amount of $XXX - Due Diligence Vendor-02/11/2026
Ready for Review-Document Uploaded. Exception Form - Seller-02/11/2026
Open-Total Qualified Assets for Reserves Post-Close of $XXX is less than Total Required Reserve Amount of $XXX Missing sufficient reserves in the amount of $XXX. - Due Diligence Vendor-02/11/2026

Ready for Review-Document Uploaded. Exception Form - Seller-02/11/2026

Qualifying DTI below max allowed. - XXX% calculated DTI is XXX percent below the maximum DTI per guidelines of 50%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 620
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%

XXX_XXXExceptionWaiverForm.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

No Cash Out - Borrower Initiated

N/A

XXX

138

XXX

Closed

FCRE1148

2026-01-30 16:08

2026-02-03 14:19

Resolved

1 - Information

Credit

Title

Title Coverage is Less than Subject Lien(s) Total

Resolved-Received revised title commitment reflecting correct title coverage of $XXX. - Due Diligence Vendor-02/03/2026
Ready for Review-Document Uploaded. - Seller-02/03/2026
Open-Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien(s) of $XXX required title supplement report. - Due Diligence Vendor-02/02/2026

Ready for Review-Document Uploaded. - Seller-02/03/2026

Resolved-Received revised title commitment reflecting correct title coverage of $XXX. - Due Diligence Vendor-02/03/2026

COMMIT.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Home Improvement/Reno

N/A

XXX

138

XXX

Closed

FCOM8805

2026-02-02 12:09

2026-02-03 14:18

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Ready for Review-Document Uploaded. - Seller-02/03/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-02/03/2026

Borrower's Certification & Authorization.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Home Improvement/Reno

N/A

XXX

139

XXX

Closed

FCRE8611

2026-04-28 16:28

2026-05-04 09:14

Resolved

1 - Information

Credit

Income/Employment

Income/Employment General

Resolved- - Due Diligence Vendor-05/04/2026
Cured-The provided documentation is sufficient to clear the condition.  - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded.  - Seller-05/01/2026
Open-Missing updated retirement assets statements used for asset depletion from XXX Deferred Compensation Plan Acct #XXX, Provided statements are outed dated/expired. (Expired XXX) (Loan closed XXX).  - Due Diligence Vendor-04/28/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Cured-The provided documentation is sufficient to clear the condition. - Due Diligence Vendor-05/01/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months.
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,800.
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700.

XXX XXX XXX Deferred.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

139

XXX

Closed

FCRE1254

2026-04-28 09:03

2026-05-01 17:24

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received updated title commitment. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Open-Property Title Issue Provided Title report in file is expired. Missing and updated title report or title supplement reflecting an active date. - Due Diligence Vendor-04/28/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Resolved-Received updated title commitment. - Due Diligence Vendor-05/01/2026

XXX Title Commitment (XXX).pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

140

XXX

Closed

FVAL1310

2026-05-12 13:42

2026-05-26 16:02

Resolved

1 - Information

Property

Missing Doc

Missing HOA/Condo Certification

Resolved-Received revised Condo Questionnaire correcting question #23. - Due Diligence Vendor-05/26/2026
Ready for Review-Document Uploaded. Here is the updated HOA Cert.  - Seller-05/26/2026
Counter-Received Condo Questionnaire, however question #23 regarding priority lien for unpaid HOA Fees in excess of 6 months. If lender does not retain 1st lien position, loan is ineligible.  - Due Diligence Vendor-05/14/2026
Ready for Review-Document Uploaded. We provided the HOA CERT in the closed package. Please see attached and waive the condition. - Seller-05/14/2026
Open-Missing HOA questionnaire full review form provided by XXX.  - Due Diligence Vendor-05/12/2026

Ready for Review-Document Uploaded. Here is the updated HOA Cert. - Seller-05/26/2026

Ready for Review-Document Uploaded. We provided the HOA CERT in the closed package. Please see attached and waive the condition. - Seller-05/14/2026

Resolved-Received revised Condo Questionnaire correcting question #23. - Due Diligence Vendor-05/26/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 4 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%

HOA Cert.pdf
HOA Cert_XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

140

XXX

Closed

FCRE1146

2026-05-12 13:43

2026-05-19 09:36

Resolved

1 - Information

Credit

Missing Doc

Title Document is Partially Present

Resolved-Received revised title commitment reflecting sufficient title coverage. - Due Diligence Vendor-05/19/2026
Ready for Review-Document Uploaded. Here is the updated Title Commitment. - Seller-05/19/2026
Counter-Received duplicate title commitment already included in loan file which is insufficient as Schedule B Part I #4 reflects a loan amount of $XXX vs. actual loan amount of $XXX. - Due Diligence Vendor-05/15/2026
Ready for Review-Document Uploaded. Here you are. - Seller-05/15/2026
Open-Schedule B Part I #4 reflects a loan amount of $XXX vs. actual loan amount of $XXX. - Due Diligence Vendor-05/12/2026

Ready for Review-Document Uploaded. Here is the updated Title Commitment. - Seller-05/19/2026

Ready for Review-Document Uploaded. Here you are. - Seller-05/15/2026

Resolved-Received revised title commitment reflecting sufficient title coverage. - Due Diligence Vendor-05/19/2026

title.pdf

title (1).pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

140

XXX

Closed

FCOM1003

2026-05-11 13:07

2026-05-15 13:56

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received grant deed. - Due Diligence Vendor-05/15/2026

Ready for Review-Document Uploaded. Here you are. - Seller-05/15/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-05/11/2026

Ready for Review-Document Uploaded. Here you are. - Seller-05/15/2026

Resolved-Received grant deed. - Due Diligence Vendor-05/15/2026

DEED (1).pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

140

XXX

Closed

FCRE1468

2026-05-12 13:44

2026-05-14 16:04

Resolved

1 - Information

Credit

Missing Doc

Asset 2 Missing

Resolved-Received updated URLA and applicable XXX bank statement. - Due Diligence Vendor-05/14/2026
Ready for Review-The most recent 1003 reflects the most current balance of $XXX for the account. - Seller-05/14/2026
Open-Missing the XXX bank statement reflecting the balance of $XXX. - Due Diligence Vendor-05/12/2026

Ready for Review-The most recent 1003 reflects the most current balance of $XXX for the account. - Seller-05/14/2026

Resolved-Received updated URLA and applicable XXX bank statement. - Due Diligence Vendor-05/14/2026

XXX XXX XXX.pdf
1003.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

141

XXX

Closed

FCRE1254

2026-04-30 18:16

2026-05-11 10:45

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received updated title commitment reflecting clearance of required items. - Due Diligence Vendor-05/11/2026
Ready for Review-Document Uploaded. per title- Requirements #8 and 9 were deleted by our underwriter, see attached title commitment.  They were cleared.  Requirement #11 – there was Notice of Termination and Contractors Affidavit recorded, copy attached, clearing this requirement.  Please let me know if you need anything further.Thank you.
- Seller-05/11/2026
Counter-Received duplicate title commitment already included in loan file which is insufficient. Still missing documentation to support title items on Schedule B part 1 are satisfied: #8 (mortgage $XXX to XXX), #9 (Orig Note from XXX) #10 (release of assignment of rents to XXX) and #11 Notice of commencement. Seller side of Settlement statement does not show payoff for XXX items. - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded.  - Seller-05/01/2026
Open-Property Title Issue Missing documentation to support title items on Schedule B part 1 are satisfied:  #8 (mortgage $XXX to XXX), #9 (Orig Note from XXX) #10 (release of assignment of rents to XXX) and #11 Notice of commencement.  Seller side of Settlement statement does not show payoff for XXX items. - Due Diligence Vendor-04/30/2026

Ready for Review-Document Uploaded. per title- Requirements #8 and 9 were deleted by our underwriter, see attached title commitment. They were cleared. Requirement #11 – there was Notice of Termination and Contractors Affidavit recorded, copy attached, clearing this requirement. Please let me know if you need anything further. Thank you. - Seller-05/11/2026
Ready for Review-Document Uploaded. - Seller-05/01/2026

Resolved-Received updated title commitment reflecting clearance of required items. - Due Diligence Vendor-05/11/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
LTV is less than guideline maximum - XXX% LTV is XXX% less than guideline maximum of 80%

TITLE.pdf
Title Commitment - XXX.pdf
Termination of Notice of Commencement.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

141

XXX

Closed

FCRE1204

2026-04-24 17:03

2026-05-06 11:37

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-Received Lender LOX for clearance of high alerts on fraud report. - Due Diligence Vendor-05/06/2026
Ready for Review-Document Uploaded.  - Seller-05/06/2026
Counter-Lender LOX received, however unable to determine which high alerts are being addressed as only two items are reflected on the Lender LOX. Fraud report reflects 8 high alerts. - Due Diligence Vendor-05/05/2026
Ready for Review-Fraud comments were made and supplies - please detail why they were not sufficient  - Seller-05/05/2026
Counter-Four copies of fraud report provided.  All still showing the high impact items without resolution - missing supplement report showing lender addressed all high impact items - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded.  - Seller-05/01/2026
Open-Fraud Report Shows Uncleared Alerts Missing documentation to support lender addressed all high impact alerts around the following: 1)NMLS search results,  2) property repeated sale transfer, and  3) additional loan applications on additional properties identified.  - Due Diligence Vendor-04/30/2026

Ready for Review-Document Uploaded.  - Seller-05/06/2026

Ready for Review-Fraud comments were made and supplies - please detail why they were not sufficient  - Seller-05/05/2026

Ready for Review-Document Uploaded.  - Seller-05/01/2026

Resolved-Received Lender LOX for clearance of high alerts on fraud report. - Due Diligence Vendor-05/06/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
LTV is less than guideline maximum - XXX% LTV is XXX% less than guideline maximum of 80%

Fraud with comments.pdf

Memo to file - Fraud Comments.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

141

XXX

Closed

FCRE1637

2026-04-24 15:00

2026-05-01 12:32

Resolved

1 - Information

Credit

Insurance

Loss Rent Insurance is required

Resolved-Received HOI policy reflecting sufficient Rent Loss coverage. - Due Diligence Vendor-05/01/2026

Ready for Review-Fair rental value is listed under property coverage - section D - Seller-05/01/2026

Open-Loss Rent Insurance is required Missing copy of the hazard policy pages referencing rent loss coverage values. The insurance page provided states "see policy" for information. Unable to determine if minimum 6 months rent loss coverage is provided. - Due Diligence Vendor-04/30/2026

Ready for Review-Fair rental value is listed under property coverage - section D - Seller-05/01/2026

Resolved-Received HOI policy reflecting sufficient Rent Loss coverage. - Due Diligence Vendor-05/01/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
LTV is less than guideline maximum - XXX% LTV is XXX% less than guideline maximum of 80%

_BINDER XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

141

XXX

Closed

FCOM1221

2026-04-24 19:23

2026-05-01 11:58

Resolved

1 - Information

Compliance

Missing Doc

The Deed of Trust is Incomplete

Resolved-Received Mortgage inclusive of Exhibit "A" Property Description.  - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded.  - Seller-05/01/2026

Open-The Mortgage is missing the legal description attached as Exhibit A.  A mortgage in file dated 04/0/2026 reflects "SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEROF AS EXHIBIT "A" on page 13, however, Exhibit A is missing.  Need full copy of Mortgage inclusive of Exhibit A" Legal Description and any Riders. - Due Diligence Vendor-04/24/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Resolved-Received Mortgage inclusive of Exhibit "A" Property Description. - Due Diligence Vendor-05/01/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 680
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
LTV is less than guideline maximum - XXX% LTV is XXX% less than guideline maximum of 80%

mortgage.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

143

XXX

Closed

FCRE1676

2026-05-04 12:03

2026-05-12 16:09

Resolved

1 - Information

Credit

Missing Doc - Credit

Credit General

Resolved-Clarification received - borrower is first time investor. - Due Diligence Vendor-05/12/2026
Ready for Review-There are none to add. The Borrowers had one mortgage on their property that was reflected on their credit report. They split out and sold half of the land and paid off their mortgage for their entire property. There are no mortgage or other properties until these 5 properties were obtain the same day as this one. Please see attached LOE from the borrowers - Seller-05/12/2026
Counter-Received snippet of credit report which is insufficient to clear condition as Section 8.11.3 (last bullet) requires a complete schedule of real estate owned, including free and clear properties. Still missing updated Final URLA reflecting all REO properties the borrower owns. - Due Diligence Vendor-05/11/2026
Ready for Review-Document Uploaded. - Seller-05/11/2026
Open-Missing 1003 reflecting all REO properties borrower owns in order to determine if borrower is a first-time investor. - Due Diligence Vendor-05/04/2026

Ready for Review-There are none to add. The Borrowers had one mortgage on their property that was reflected on their credit report. They split out and sold half of the land and paid off their mortgage for their entire property. There are no mortgage or other properties until these 5 properties were obtain the same day as this one. Please see attached LOE from the borrowers - Seller-05/12/2026
Ready for Review-Document Uploaded. - Seller-05/11/2026

Resolved-Clarification received - borrower is first time investor. - Due Diligence Vendor-05/12/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720.
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months

farm mid credit.pdf
XXX LOE.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

143

XXX

Closed

FCRE7569

2026-05-04 12:05

2026-05-08 16:08

Resolved

1 - Information

Credit

Debt

Mortgage history for primary residence less than 12 months

Resolved-Received supporting documentation. - Due Diligence Vendor-05/08/2026
Ready for Review-Document Uploaded. - Seller-05/08/2026
Open-Missing evidence borrowers primary home located at XXX is free in clear in order to meet the housing history guidelines. - Due Diligence Vendor-05/04/2026

Ready for Review-Document Uploaded. - Seller-05/08/2026

Resolved-Received supporting documentation. - Due Diligence Vendor-05/08/2026

Free and Clear XXX.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

143

XXX

Closed

FCRE1455

2026-05-01 12:19

2026-05-08 15:46

Resolved

1 - Information

Credit

Assets

Asset 1 Less Than 2 Months Verified

Resolved-Received consecutive bank statement for XXX accounts. - Due Diligence Vendor-05/08/2026
Ready for Review-Document Uploaded. - Seller-05/08/2026
Open-The consecutive Truist account statements are incomplete. The last full statement on file ends on XXX, and the next document provided is a bank transaction history beginning on XXX, leaving a gap in required coverage. - Due Diligence Vendor-05/04/2026

Ready for Review-Document Uploaded. - Seller-05/08/2026

Resolved-Received consecutive bank statement for XXX accounts. - Due Diligence Vendor-05/08/2026

XXX XXX statement .pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

143

XXX

Closed

FCRE1157

2026-05-01 10:06

2026-05-08 15:43

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-Received Hazard Insurance Policy. - Due Diligence Vendor-05/08/2026

Ready for Review-Document Uploaded. - Seller-05/08/2026

Open-Missing Hazard Insurance Policy The hazard insurance policy is missing. The document currently in the file is only an insurance application, not an active policy. - Due Diligence Vendor-05/04/2026

Ready for Review-Document Uploaded. - Seller-05/08/2026

Resolved-Received Hazard Insurance Policy. - Due Diligence Vendor-05/08/2026

XXX Agent Issued.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

143

XXX

Closed

FCOM8805

2026-05-01 12:53

2026-05-07 12:33

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-05/07/2026
Ready for Review-Document Uploaded. - Seller-05/07/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. - Seller-05/07/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-05/07/2026

XXX AUTH.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

144

XXX

Closed

FCOM8805

2026-04-24 12:47

2026-05-06 13:05

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-05/06/2026
Ready for Review-Document Uploaded.  - Seller-05/06/2026
Counter-Received borrower authorization dated XXX which is after the date of the credit report of XXX. Still missing borrowers' authorization to pull credit on or before XXX. - Due Diligence Vendor-05/05/2026
Ready for Review-Document Uploaded.  - Seller-05/05/2026
Counter-Recevied intent to proceed which is insufficient to clear condition. Still missing borrowers' authorization to pull credit on or before XXX. - Due Diligence Vendor-05/01/2026
Ready for Review-Document Uploaded.  - Seller-05/01/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX. - Due Diligence Vendor-04/24/2026

Ready for Review-Document Uploaded.  - Seller-05/06/2026

Ready for Review-Document Uploaded.  - Seller-05/05/2026

Ready for Review-Document Uploaded.  - Seller-05/01/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-05/06/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,500.

intent to proceed.pdf
borr auth.pdf
XXX LOX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

144

XXX

Closed

FCOM1003

2026-04-24 12:35

2026-04-30 10:31

Resolved

1 - Information

Compliance

Missing Doc

Grant/Warranty Deed is missing

Resolved-Received Warranty Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-04/30/2026

Ready for Review-Document Uploaded. - Seller-04/30/2026

Open-Missing Grant/Warranty Deed to confirm Vesting on Deed of Trust/Mortgage document in file. - Due Diligence Vendor-04/24/2026

Ready for Review-Document Uploaded. - Seller-04/30/2026

Resolved-Received Warranty Deed to confirm Vesting on Mortgage. - Due Diligence Vendor-04/30/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months
Residual Income greater than minimum required - $XXX residual income is greater than minimum residual income required per guidelines $2,500.

XXX File #XXX_Warranty Deed.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Purchase

N/A

XXX

145

XXX

Closed

FCRE6843

2026-05-22 16:35

2026-06-01 14:39

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Received revised Gift Letter. - Due Diligence Vendor-06/01/2026
Ready for Review-Document Uploaded. - Seller-06/01/2026
Open-Missing gift letter for $XXX received as reflected on the final CD. Provided gift letter is from the borrower's domestic partner and reflects a different amount to be gifted at closing through XXX. ($XXX) - Due Diligence Vendor-05/22/2026

Ready for Review-Document Uploaded. - Seller-06/01/2026

Resolved-Received revised Gift Letter. - Due Diligence Vendor-06/01/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720

gl.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

145

XXX

Closed

FCOM8805

2026-05-22 16:43

2026-06-01 09:35

Resolved

1 - Information

Compliance

Missing Doc

Missing Borrower Authorization

Resolved-Received borrower authorization. - Due Diligence Vendor-06/01/2026
Ready for Review-Document Uploaded. - Seller-05/29/2026
Open-Credit report dated XXX pulled by XXX is dated prior to the borrower's authorization dated XXX. Missing documentation to support borrower's authorization to pull credit pulled on XXX - Due Diligence Vendor-05/22/2026

Ready for Review-Document Uploaded. - Seller-05/29/2026

Resolved-Received borrower authorization. - Due Diligence Vendor-06/01/2026

Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720

brw auth.pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

146

XXX

Closed

FCRE1159

2026-04-22 10:41

2026-04-27 09:35

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Received current HOI policy in effect at loan closing. - Due Diligence Vendor-04/27/2026
Ready for Review-Document Uploaded. Please see current Insurance attached :) Thank you! - Seller-04/27/2026
Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Documentation submitted is for the Renewal HOI Policy. Current sufficient HOI Policy at the time of closing is required. - Due Diligence Vendor-04/24/2026

Ready for Review-Document Uploaded. Please see current Insurance attached :) Thank you! - Seller-04/27/2026

Resolved-Received current HOI policy in effect at loan closing. - Due Diligence Vendor-04/27/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 70%
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660

XXX_Broker Uploads _Updated EOI Current.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

Cash Out - Home Improvement/Reno

N/A

XXX

148

XXX

Closed

FCOM3596

2026-04-28 10:48

2026-05-01 12:02

Resolved

1 - Information

Compliance

Missing Doc

Missing Prepayment Rider

Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Open-Prepayment addendum to note is missing - Due Diligence Vendor-04/28/2026

Ready for Review-Document Uploaded. - Seller-05/01/2026

Resolved-Received Prepayment Addendum to Note. - Due Diligence Vendor-05/01/2026

LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 720
Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 6 months

XXX - Prepayment Note Addendum (Percentage).pdf

ATR/QM: Exempt

XXX

Investment

Purchase

N/A

XXX

149

XXX

Closed

FCRE1159

2026-04-28 10:45

2026-05-08 11:53

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Received supporting documentation. - Due Diligence Vendor-05/08/2026
Ready for Review-Document Uploaded. Please see attached.The insurance agent is unable to locate the 2025-2026 policy at this time, but confirmed there were no claims for the subject property from XXX to XXX. Per the agent, the carrier would not have issued the policy if there had been prior claims before XXX.  Other investors also typically accept a No Claim statement from the insurance agent. Based on the above, could you please clear this condition? - Seller-05/08/2026
Counter-Received Settlement Statement reflecting COE of XXX, however insufficient to clear condition as transaction is a refinance and a hazard insurance policy should already have been in effect.  - Due Diligence Vendor-05/04/2026
Ready for Review-Document Uploaded. Please see attached final SS. The disbursement date of XXX is after the Hazard Insurance Effective Date of XXX.  So there should be no problem. - Seller-05/02/2026
Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Missing evidence there was sufficient coverage from XXX to XXX. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. Please see attached.The insurance agent is unable to locate the 2025-2026 policy at this time, but confirmed there were no claims for the subject property from XXX to XXX Per the agent, the carrier would not have issued the policy if there had been prior claims before XXX.
Other investors also typically accept a No Claim statement from the insurance agent. Based on the above, could you please clear this condition? - Seller-05/08/2026
Ready for Review-Document Uploaded. Please see attached final SS. The disbursement date of XXX is after the Hazard Insurance Effective Date of XXX. So there should be no problem. - Seller-05/02/2026

Resolved-Received supporting documentation. - Due Diligence Vendor-05/08/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 2 months
DSCR ratio greater than guideline requirement - Calculated DSCR XXX, minimum DSCR per guidelines is 1.
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 660
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 80%

Buyer or Borrowers Statement_CDF.pdf

No Claim Statement.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

No Cash Out - Borrower Initiated

N/A

XXX

149

XXX

Closed

FCRE5116

2026-04-28 10:56

2026-05-04 16:06

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Received pay history for lien on subject property. - Due Diligence Vendor-05/04/2026
Ready for Review-Document Uploaded. - Seller-05/02/2026
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing VOM to verify housing history for a lien on the subject property not reflected on the borrower’s credit report. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. - Seller-05/02/2026

Resolved-Received pay history for lien on subject property. - Due Diligence Vendor-05/04/2026

VOM.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

No Cash Out - Borrower Initiated

N/A

XXX

149

XXX

Closed

FCRE1254

2026-05-01 15:45

2026-05-04 09:40

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-05/04/2026

Ready for Review-Document Uploaded. - Seller-05/02/2026

Open-Property Title Issue Missing an updated title or title supplement reflecting the tile policy amount. - Due Diligence Vendor-05/01/2026

Ready for Review-Document Uploaded. - Seller-05/02/2026

Resolved-Received title supplement reflecting sufficient title coverage. - Due Diligence Vendor-05/04/2026

Supplemental.pdf

ATR/QM: Exempt

XXX

Investment

Refinance

No Cash Out - Borrower Initiated

N/A

XXX

150

XXX

Closed

FCRE8202

2026-01-28 16:55

2026-02-06 16:36

Waived

2 - Non-Material

Credit

Eligibility

Unable to Determine if Loan is Eligible within Loan Program Guidelines

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-02/06/2026
Ready for Review-Document Uploaded. - Seller-02/05/2026
Counter-Lender commentary received. Missing internal exception waiver form to include Compensating Factors and approving party signature. - Due Diligence Vendor-02/05/2026
Ready for Review-As per XXX our credit manager, XXX did this as an exception. - Seller-02/05/2026
Open-Guidelines do not show a program code for 7/6 ARM with interest only feature, The Note is not eligible nor does it show how to qualify an ARM with an interest only feature. ARM Program appears to be for fixed rate products only. - Due Diligence Vendor-01/28/2026

Ready for Review-Document Uploaded. - Seller-02/05/2026
Ready for Review-As per XXX our credit manager, XXX did this as an exception. - Seller-02/05/2026

Waived-Upon additional review, Client elects to waive with Comp Factors. - Due Diligence Vendor-02/06/2026

Months Reserves exceed minimum required - XXX months reserves, minimum reserves required per guidelines is 9 months
Qualifying DTI below max allowed. - XXX% calculated DTI is XXX% percent below the maximum DTI per guidelines of 50%
LTV is less than guideline maximum - XXX% LTV is XXX% less than maximum LTV per guidelines 75%
Credit Score greater than minimum FICO - XXX credit score is XXX points above the minimum FICO per guidelines of 700

1) XXX% LTV is less than 75% maximum
2) XXX% DTI is less than 50% maximum
3) XXX months of reserves are greater than 9 month maximum

XXX_EXCEPTION INTERNAL WAIVER.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

Originator Pre-Close

Yes

XXX

150

XXX

Closed

FCRE1254

2026-01-30 11:16

2026-02-04 13:39

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Received supporting documentation. - Due Diligence Vendor-02/04/2026

Ready for Review-Document Uploaded. - Seller-02/04/2026

Counter-Received Plat Map/Survey already included in loan file which is insufficient to clear condition. Still missing the easement for Parcel 2 that is recorded with the county to determine if eligible. - Due Diligence Vendor-02/03/2026

Ready for Review-Document Uploaded. - Seller-02/02/2026

Open-Property Title Issue Missing copy of recorded Easement per Title Report and Appraisal Report. Subject to review. - Due Diligence Vendor-01/30/2026

Ready for Review-Document Uploaded. - Seller-02/04/2026

Ready for Review-Document Uploaded. - Seller-02/02/2026

Resolved-Received supporting documentation. - Due Diligence Vendor-02/04/2026

XXX_SURVEY.pdf
XXX_TITLE AGENT RESPONSE.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A

XXX

150

XXX

Closed

FCOM1270

2026-01-28 13:51

2026-01-30 16:23

Resolved

1 - Information

Compliance

Disclosure

ARM Disclosure Not Provided Within 3 Days of Application Date

Resolved-Received ARM Disclosure signed XXX. - Due Diligence Vendor-01/30/2026
Ready for Review-Document Uploaded. - Seller-01/30/2026
Open-ARM Disclosure Not Provided Within 3 Days of Application Date Adjustable Rate Mortgage (ARM) Disclosure is in file, however, the signature reflects a date of XXX. Need ARM Disclosure provided within 3 business days of application date. - Due Diligence Vendor-01/28/2026

Ready for Review-Document Uploaded. - Seller-01/30/2026

Resolved-Received ARM Disclosure signed XXX. - Due Diligence Vendor-01/30/2026

XXX_ARM DISCLOSURE.pdf

Non-QM: Lender documented all ATR UW factors

XXX

Primary Residence

Refinance

Cash Out - Other

N/A