Loan ID Seller Loan ID EDGAR 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?
REDACTED   197 D B D B D A D A Closed FCRE8201 REDACTED REDACTED Waived 2 - Non-Material C B Credit Eligibility Loan does not conform to program guidelines

Waived- - Due Diligence Vendor-REDACTED
Acknowledged-Document Uploaded. Lender used 1007 to calculate short term rental income.

Exception in file to allow the use of 1007 rental income vs. short term rental analysis.  - Due

Diligence Vendor-REDACTED
Open- - Due Diligence Vendor-REDACTED

   Acknowledged-Document Uploaded. Lender used 1007 to calculate short term rental income. Exception in file to allow the use of 1007 rental income vs. short term rental analysis.  - Due Diligence Vendor-REDACTED
   FICO REDACTED, no lates housing history,
sufficient reserves		 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA Originator Post-Close Yes
REDACTED   197 D B D B D A D A Closed FCRE5116 REDACTED REDACTED Waived 2 - Non-Material D B Credit Missing Doc Missing VOM or VOR Waived- - Due Diligence Vendor-REDACTED
Acknowledged-Document Uploaded. Exception received for housing history and ownership.  - Due Diligence Vendor-REDACTED
Counter-Updated guidelines received. Borrower is a first time investor per 1003.  Verification of REDACTED months of payment history is required to verify REDACTED (still needed).  Guideline requirement that the borrower must currently own primary residence for at least one year with documented ownership has not been met.  Borrower is ineligible for DSCR loan program per guidelines due to primary housing history. - Due Diligence Vendor-REDACTED
Counter-Verification of REDACTED housing (rent free letter, final CD from closing of the new primary, LOE) needed to document REDACTED months housing history.  - Due Diligence Vendor-REDACTED
Ready for Review-The account was not open until REDACTED so there would not be anything for REDACTED - Seller-REDACTED
Counter-Credit supplement received verifying REDACTED.  Still needed: VOM missing for REDACTED. - Due Diligence Vendor-  REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-DOT received.  Still open: Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Verification of REDACTED months housing history payments required. 1008 states that borrower purchased new primary REDACTED ago. Verification of first lien payment history required for current primary and prior primary. Prior primary housing history appears to be REDACTED which reported until REDACTED. Housing payment verification needed from REDACTED. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Verification of REDACTED months housing history payments required. 1008 states that borrower purchased new primary REDACTED.  Verification of first lien payment history required for current primary and prior primary. Prior primary housing history appears to be REDACTED which reported until REDACTED.  Housing payment verification needed from REDACTED. - Due Diligence Vendor-REDACTED

Ready for Review-The account was not open until REDACTED so there would

not be anything for REDACTED - Seller-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED

 Acknowledged-Document Uploaded. Exception received for housing history and ownership.  - Due Diligence Vendor-REDACTED
   Credit depth - REDACTED satisfactory payment history, FICO 0f REDACTED vs. program min of REDACTED REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA Originator Post-Close Yes
REDACTED   197 D B D B D A D A Closed FCRE1500 REDACTED REDACTED Resolved 1 - Information C A Credit Assets Liquid Funds Post-Close is less than $0 Resolved-Document Uploaded.  - Due Diligence Vendor-REDACTED
Resolved-Liquid Funds Post Close are REDACTED - Due Diligence Vendor-REDACTED
Resolved-Bank account number for debit confirmed with statement in file - funds at closing confirmed.  Reserves not required per REDACTED guidelines. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. The funds were drawn from REDACTED. The funds were wired from REDACTED that acts as a checking acct, not as a separate acct. Its a wire transfer from REDACTED to the REDACTED which than allows him to wire out to the title company.

I have also uploaded the lock confirmation since it would not allow me to upload to the condition.  - Seller-REDACTED
Open-Liquid Funds Post Close are less than REDACTED Reserves are not required per REDACTED guidelines. Cash to close REDACTED. REDACTED verified.  - Due Diligence Vendor-REDACTED
Open-Liquid Funds Post Close are less than REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. The funds were drawn from REDACTED. The funds were wired from REDACTED that acts as a checking acct, not as a separate acct. Its a wire transfer from REDACTED to the REDACTED which than allows him to wire out to the title company.

I have also uploaded the lock confirmation since it would not allow me to upload to the condition.  - Seller-REDACTED		 Resolved-Document Uploaded.  - Due Diligence Vendor-REDACTED
 Resolved-Liquid Funds Post Close are REDACTED - Due Diligence Vendor-REDACTED
 Resolved-Bank account number for debit confirmed with statement in file - funds at closing confirmed.  Reserves not required per REDACTED guidelines. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   197 D B D B D A D A Closed FPRO1242 REDACTED REDACTED Resolved 1 - Information D A Property Missing Doc Appraisal is Missing Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-REDACTED
Resolved-Document Uploaded. Waiver received, applying to credit guidelines finding. Property category is not downgraded due to DSCR calculation. - Due Diligence Vendor-REDACTED
Escalated-Issue escalated - Due Diligence Vendor-REDACTED
Counter-Verification of short term rental monthly income is missing. REDACTED cannot be used. Alternative Short Term Rental Analysis is required. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Verification of short term rental monthly income is missing.  REDACTED cannot be used. Alternative Short Term Rental Analysis is required. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-REDACTED
 Resolved-Document Uploaded. Waiver received, applying to credit guidelines finding. Property category is not downgraded due to DSCR calculation. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   197 D B D B D A D A Closed FCOM1477 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing evidence of rate lock Resolved-Document Uploaded. Received - Due Diligence Vendor-REDACTED
Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED		   Resolved-Document Uploaded. Received - Due Diligence
Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   197 D B D B D A D A Closed FCRE1148 REDACTED REDACTED Resolved 1 - Information C A Credit Title Title Coverage is Less than Subject Lien(s) Total Resolved-Title Coverage Amount of REDACTED is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED
Resolved-Title policy with coverage received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Coverage Amount of REDACTED is Less than Total Amount of Subject Lien(s) - Title policy is missing coverage amount - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Title Coverage Amount of REDACTED is equal to or greater than Total Amount of Subject Lien(s) - Due Diligence Vendor-REDACTED
 Resolved-Title policy with coverage received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   197 D B D B D A D A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-1. Verification the tax lien REDACTED was paid by the REDACTED and removed as a lien from final title is required.  -REDACTED
2. Verification the lien to REDACTED was paid by REDACTED and removed from final title is required - REDACTED. - Page 191 - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   197 D B D B D A D A Closed FCOM5135 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing Required Affiliated Business Disclosure Resolved-. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Required Affiliated Business Disclosure Missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   198 B B B B A A A A Closed FCRE1195 REDACTED REDACTED Waived 2 - Non-Material B B Credit Eligibility Audited CLTV Exceeds Guideline CLTV Waived-MAX LTV REDACTED FOR REDACTED PER LENDER GUIDELINES. EXCEPTION WAIVER IN FILE ON PAGE 295 TO ALLOW REDACTED LTV - Due Diligence Vendor-REDACTED   Waived-MAX LTV REDACTED FOR REDACTED PER LENDER GUIDELINES. EXCEPTION WAIVER IN FILE ON PAGE 295 TO ALLOW REDACTED LTV - Due Diligence Vendor-REDACTED
   STRONG CREDIT SCORES & HISTORY, DSCR REDACTED, EXCELLENT RESERVES REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA Originator Pre-Close Yes
REDACTED   199 C B C B A A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Verification property tax paid received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Verification that the taxes in the amount of REDACTED were paid at or prior to closing as required per title REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Verification property tax paid received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   199 C B C B A A A A Closed FCRE1195 REDACTED REDACTED Acknowledged 2 - Non-Material C B Credit Eligibility Audited CLTV Exceeds Guideline CLTV Acknowledged-Exception waiver form in file to allow REDACTED CLTV on REDACTED vs. REDACTED program max - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Exception approval - Seller-REDACTED
Open-Short term rental income limits CLTV to REDACTED per guidelines. Loan is at REDACTED.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Exception approval - Seller-REDACTED
 Acknowledged-Exception waiver form in file to allow REDACTED on REDACTED vs. REDACTED program max - Due Diligence Vendor-REDACTED
   REDACTED FICO, REDACTED months reserves, DSCR REDACTED REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated Originator Post-Close Yes
REDACTED   204 D A D A A A A A Closed FCRE1146 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document is Partially Present Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED
Resolved-Final Title with lender coverage received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is incomplete or only partially present -PRELIMINARY TITLE IS MISSING LENDER NAME AND TITLE INS COVERAGE OF REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED
 Resolved-Final Title with lender coverage received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   205 D A D A A A A A Closed FCRE1146 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document is Partially Present Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is incomplete or only partially present LENDER'S COVERAGE IS MISSING FROM PRELIMINARY TITLE. LENDER'S COVERAGE SHOULD BE REFLECTED AS REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Title Document is fully Present - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   228 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA    
REDACTED   209 C B C B A A A A Closed FCRE8201 REDACTED REDACTED Waived 2 - Non-Material C B Credit Eligibility Loan does not conform to program guidelines Waived-Exception form received to allow loan to proceed with REDACTED NSFs exceeding max of REDACTED and use of deposits into personal account to be included with business account calculation. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-1. REDACTED MONTHS BANK STATEMENTS USED. NSF FEES EXCEED REDACTED. REDACTED TOTAL PER WORKSHEET. 2) 2 LARGE DEPOSITS WERE DEPOSITED INTO BORROWER'S PERSONAL ACCOOUNT INSTEAD OF BUSINESS ACCOUNT.REDACTED  AND REDACTED. 1008 STATES DISCUSSED WITH INVESTOR, HOWEVER THERE IS NO EXCEPTION APPROVAL FORM FOUND IN FILE. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Waived-Exception form received to allow loan to proceed with REDACTED NSFs exceeding max of REDACTED and use of deposits into personal account to be included with business account calculation. - Due Diligence Vendor-REDACTED
   DTI more than REDACTED below max, REDACTED months reserves, REDACTED/month residual income, REDACTED primary mortgage history REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA Originator Post-Close Yes
REDACTED   232 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA    
REDACTED   213 D A D A D A A A Closed FCOM1274 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Escrow Waiver is Missing Resolved-Disclosure received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. See attached escrow waiver - Seller-REDACTED
Open-Escrow Waiver is Missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. See attached escrow waiver - Seller-REDACTED
 Resolved-Disclosure received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation N/A N/A
REDACTED   213 D A D A D A A A Closed FCRE1152 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Evidence of Property Tax Missing Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED
Resolved-Tax cert received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Missing Evidence of Property Tax There is no Tax cert or evidence of tax amount in the file. The tax amount on the 1008 of REDACTED does not match the tax amount on the Appraisal.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Evidence of Property Tax is present - Due Diligence Vendor-REDACTED
 Resolved-Tax cert received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation N/A N/A
REDACTED   200 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA    
REDACTED   226 C A C A A A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Quit Claim deed transferred at closing received to verify vesting. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached quitclaim.
Thanks! - Buyer-REDACTED
Open-Property Title Issue -TITLE SHOWS VESTING AS REDACTED. ALL DOCS WERE SIGNED AS REDACTED. VESTING ON DOT IS AS : REDACTED. A copy of the deed transferring ownership from REDACTED to REDACTED is needed.
 - Due Diligence Vendor-REDACTED		   Resolved-Quit Claim deed transferred at closing received to verify vesting. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   203 D A D A D A A A Closed FCRE1146 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document is Partially Present Resolved-Title coverage received. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is incomplete or only partially present .  Updated title documents required indicating loan amount/insurance coverage amount of REDACTED. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Title coverage received. - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   203 D A D A D A A A Closed FCOM1477 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing evidence of rate lock Resolved-Rate lock received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Rate lock received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   220 C B B B A A C B Closed FVAL5524 REDACTED REDACTED Acknowledged 2 - Non-Material C B Property Property Ineligible Property Acknowledged-Exception in file to allow REDACTED zoning for subject property.  No REDACTED noted.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
We granted an exception for this. Please see attached.
Thanks! - Buyer-REDACTED
Open-Property is zoned REDACTED - ineligible per guidelines. - Due Diligence Vendor-REDACTED		   Acknowledged-Exception in file to allow REDACTED zoning for subject property.  No REDACTED noted.  - Due Diligence Vendor-REDACTED
    -FICO is REDACTED vs program minimum of REDACTED
-Borrower has REDACTED open and REDACTED closed mortgages all reporting REDACTED since earliest overall inception in REDACTED - No late payments on entire credit report
-Borrower has been self-employed as owner of REDACTED for over REDACTED		 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA Originator Post-Close Yes
REDACTED   220 C B B B A A C B Closed FCRE8611 REDACTED REDACTED Waived 2 - Non-Material B B Credit Income/Employment Income/Employment General Waived-Lender used of business funds with letter from PTIN that works at a firm verifying that use of business funds for reserves won't affect the business vs guideline requirement that it be from a CРА. Loan file contains Guidelines exception approval allowing to process the loan based on the following compensating factors: page 1 - Due Diligence Vendor-REDACTED   Waived-Lender used of business funds with letter from PTIN that works at a firm verifying that use of business funds for reserves won't affect the business vs guideline requirement that it be from a CРА. Loan file contains Guidelines exception approval allowing to process the loan based on the following compensating factors: page 1 - Due Diligence Vendor-REDACTED
    -FICO is REDACTED vs program minimum of REDACTED
-Borrower has REDACTED open and REDACTED closed mortgages all reporting REDACTED since earliest overall inception in REDACTED - No late payments on entire credit report
-Borrower has been self-employed as owner of REDACTED for over REDACTED		 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA Originator Pre-Close Yes
REDACTED   242 D A D A D A C A Closed FCOM8804 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing Loan program disclosure Resolved-Personal Guaranty received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Personal Guaranty missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Personal Guaranty received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   242 D A D A D A C A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Documentation confirming REDACTED paid received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached confirmation of REDACTED paid.
Thanks! - Seller-REDACTED
Open-Missing verification in file that the REDACTED showing past due (as of closing date) were paid - title pg 491 - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
Please see the attached confirmation of REDACTED paid.
Thanks! - Seller-REDACTED
 Resolved-Documentation confirming REDACTED paid received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   242 D A D A D A C A Closed FPRO1253 REDACTED REDACTED Resolved 1 - Information C A Property Data Secondary Valuation or Additional Valuation has not been entered per securitization requirements Resolved-Corrected 1004 received that is in line with field review value - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached. The incorrect appraisal was previously uploaded. We are within the REDACTED variance.
Thanks! - Buyer-REDACTED
Open-Field review in file (pg 447)  is more than REDACTED below full appraisal value. Per guidelines, if the field review is REDACTED or more under the full appraisal value, a second full appraisal is required.  - Due Diligence Vendor-REDACTED		   Resolved-Corrected 1004 received that is in line with field review value - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   242 D A D A D A C A Closed FCRE8611 REDACTED REDACTED Resolved 1 - Information C A Credit Income/Employment Income/Employment General Resolved-REDACTED docs & explanation received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
REDACTED in part of the REDACTED. Please see the attached docs, and then the very last page of this attachment. LLC Articles of Agreement Binder
Thanks! - Seller-REDACTED
Open-Business entity documentation not located in file for - REDACTED.  Borrower signed note as REDACTED. Title reflects property titled inREDACTED only.  Lender to advise on REDACTED.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
REDACTED in part of the REDACTED. Please see the attached docs, and then the very last page of this attachment. LLC Articles of Agreement Binder
Thanks! - Seller-REDACTED		 Resolved-REDACTED docs & explanation received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   242 D A D A D A C A Closed FCRE5116 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing VOM or VOR Resolved-VOM/history on credit received - resolved - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached. the servicer is REDACTED.
Thanks! - Seller-REDACTED
Open-VOM from REDACTED to verify payment history for the mortgage on subject property being paid was not located in file.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
Please see attached. the servicer is REDACTED.
Thanks! - Seller-REDACTED
 Resolved-VOM/history on credit received - resolved - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   242 D A D A D A C A Closed FCOM1220 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc The Deed of Trust is Missing Resolved-The Deed of Trust is Present - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached deed of trust.
Thanks! - Buyer-REDACTED
Open-The Deed of Trust is Missing - Due Diligence Vendor-REDACTED		   Resolved-The Deed of Trust is Present - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   224 D A D A C A A A Closed FCOM9001 REDACTED REDACTED Resolved 1 - Information C A Compliance Disclosure Business Purpose Affidavit Resolved-Bus Purpose Affidavit and Fraud Report received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Business Purpose Affidavit missing from loan file Business purpose affidavit is missing from loan file - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Bus Purpose Affidavit and Fraud Report received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   224 D A D A C A A A Closed FCRE6534 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Fraud Product Resolved-Business Purpose Affidavit & Fraud Product received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open- - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Business Purpose Affidavit & Fraud Product received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   210 D B D B C A C B Closed FCRE1325 REDACTED REDACTED Acknowledged 2 - Non-Material D B Credit Missing Doc Borrower 1 CPA Letter Missing Acknowledged-Exception in file to allow use of REDACTED for third party verification of self employment vs. REDACTED. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached. We granted an exception for this.
Thanks! - Buyer-REDACTED
Open-Borrower 1 CPA Letter Missing - Missing Third party documentation (CPA/CTEC/EA) supporting a REDACTED employment history when REDACTED is used as required by Guidelines dated REDACTED - Due Diligence Vendor-REDACTED		   Acknowledged-Exception in file to allow use of REDACTED for third party verification of self employment vs. REDACTED. - Due Diligence Vendor-REDACTED
   LTV REDACTED vs REDACTED, Borrower self employed with current business since REDACTED and in the same line of work for REDACTED REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Other Originator Post-Close Yes
REDACTED   210 D B D B C A C B Closed FPRO1246 REDACTED REDACTED Acknowledged 2 - Non-Material C B Property Appraisal Second Appraisal is Expired Acknowledged-Exception in file to allow both appraisals to be good for REDACTED vs guideline requirements.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached updated LOE from the underwriting manager.
Thanks! - Seller-REDACTED
Counter-The exception received references the primary value/full appraisal and is accepted.  A secondary valuation is required since this is a first lien. If the exception is also allowing the use of the expired REDACTED, will you please have the verbiage updated to include the secondary valuation is included so it will be documented in the file?  If not, a secondary value that isn't expired is needed.  Thanks! - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached. The REDACTED was completed just within the REDACTED. the exception was approved to extend the appraisal to REDACTED.
Thanks! - Seller-REDACTED
Open-Secondary Value Appraisal is Expired REDACTED report is dated REDACTED vs Note date REDACTED. REDACTED (Not noted on exception form for REDACTED) - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
Please see attached updated LOE from the underwriting manager.
Thanks! - Seller-REDACTED
 Ready for Review-Document Uploaded. Hi,
Please see the attached. The REDACTED was completed just within the REDACTED. the exception was approved to extend the appraisal to REDACTED.
Thanks! - Seller-REDACTED
 Acknowledged-Exception in file to allow both appraisals to be good for REDACTED vs guideline requirements.  - Due Diligence Vendor-REDACTED
   LTV REDACTED vs REDACTED, Borrower self employed with current business since REDACTED and in the same line of work for REDACTED REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Other Originator Post-Close Yes
REDACTED   210 D B D B C A C B Closed FCOM4001 REDACTED REDACTED Resolved 1 - Information C A Compliance Disclosure Missing Proof of Appraisal Delivery or Signed Appraisal Delivery Waiver Resolved-Proof of delivery received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached proof of appraisal delivery.
Thanks! - Seller-REDACTED
Open-Loan is REDACTED- proof of appraisal delivery is required. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
Please see attached proof of appraisal delivery.
Thanks! - Seller-REDACTED
 Resolved-Proof of delivery received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Other N/A N/A
REDACTED   210 D B D B C A C B Closed FPRO1245 REDACTED REDACTED Waived 2 - Non-Material B B Property Appraisal Appraisal is Expired Waived-Primary Value Appraisal is Expired Property appraisal exceeds REDACTED days allowed with Re-Certification of Value per Guidelines dated REDACTED, however, lender provided Guidelines exception allowing to use REDACTEDdays for recertification of value per Guidelines dated REDACTED for loan under review with application date of REDACTED based on the following compensating factors. Page 2 - Due Diligence Vendor-REDACTED   Waived-Primary Value Appraisal is Expired Property appraisal exceeds REDACTED days allowed with Re-Certification of Value per Guidelines dated REDACTED, however, lender provided Guidelines exception allowing to use REDACTEDdays for recertification of value per Guidelines dated REDACTED for loan under review with application date of REDACTED based on the following compensating factors. Page 2 - Due Diligence Vendor-REDACTED
    - LTV is REDACTED vs program max of REDACTED
- Borrower has been self-employed with current business since REDACTED and in the same line of work for REDACTED
 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Other Originator Pre-Close Yes
REDACTED   212 D A D A A A A A Closed FCRE1964 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing income documentation Resolved-REDACTED is not calculating reserves on this loan correctly. (Ticket entered).  Reserves required is REDACTED which is REDACTED.  Cash to bring to closing is REDACTED.  Total required is REDACTED.  Remainder of REDACTED account after subtracting portion for asset depletion  at REDACTED = REDACTED.  REDACTED verified at REDACTED.  Total verified assets = REDACTED. Asset requirement resolved.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Can you please see our calculation and let me know if you agree? If not, let me know, and yes, I can call in.
Thanks! - Buyer-REDACTED
Counter-Thank you, those comments are noted now. Here are our current calculations: REDACTED balance of REDACTED - REDACTED) = REDACTED plus REDACTED account of REDACTED = REDACTED for reserves. This equals REDACTED months reserves. We are still short on reserves by REDACTED months using expanded DTI.  If we are interpreting differently and a quick call would be faster, please let us know.  - Due Diligence Vendor-REDACTED
Ready for Review-Hi,
Please see the notes section of the asset depletion worksheet. We don't have a statement with that ending balance. We are using a small portion of the current balance. Thanks!

 - Buyer-REDACTED
Counter-Reserves issues resolved.  Still needed: there are no statements included that match the original balance of REDACTED used as the original balance on the REDACTED worksheet.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached REDACTED statement to cover the additional reserves.
Thanks! - Buyer-REDACTED
Counter-Asset statements and updated statement received with new 1008 & asset depletion worksheet.  REDACTED added, however, there are no statements included that match the original balance of REDACTED used as the original balance on the REDACTED.  The REDACTED updated statement has decreased in value, and now with increased reserves due to expanded DTI, the borrower is short on reserves (REDACTED months reserves verified vs. REDACTED months required).  Still needed for income - statements that show the REDACTED balance for the account used for asset depletion. (Reserves noted on other finding.)  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached. There is a revised 1008 and asset depletion worksheet. We are hitting for the full payment. Loan still qualifies under expanded DTI guideline. you should already have the assets, so please excuse me uploading the duplicates. I just wanted them to be readily available for you.
Thanks! - Seller-REDACTED
Open-MIssing documentation of REDACTED on REDACTED with mortgage with REDACTED. 1003 showsREDACTED REDACTED which will almost wash the mortgage payment of REDACTED, but no verification of rental income was located in the file or on lender income worksheet. Payment is not being counted in total debt.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Hi,
Please see attached. There is a revised 1008 and REDACTED worksheet. We are hitting for the full payment. Loan still qualifies under expanded DTI guideline. you should already have the assets, so please excuse me uploading the duplicates. I just wanted them to be readily available for you.
Thanks! - Seller-REDACTED
 Resolved-REDACTED is not calculating reserves on this loan correctly. (Ticket entered).  Reserves required is REDACTED which is REDACTED.  Cash to bring to closing is REDACTED.  Total required is REDACTED.  Remainder of REDACTED account after subtracting portion for asset depletion  at REDACTED = REDACTED.  REDACTED verified at REDACTED.  Total verified assets = REDACTED. Asset requirement resolved.  - Due Diligence Vendor-REDACTED
    REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   212 D A D A A A A A Closed FCRE1501 REDACTED REDACTED Resolved 1 - Information C A 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 REDACTED is equal to or greater than Total Required Reserve Amount of REDACTED - Due Diligence Vendor-REDACTED
Resolved-Total Qualified Assets for Reserves Post-Close of REDACTED is less than Total Required Reserve Amount of REDACTED - Due Diligence Vendor-REDACTED
Resolved-Total Qualified Assets for Reserves Post-Close of REDACTED is equal to or greater than Total Required Reserve Amount of REDACTED- Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached REDACTED statement to cover the additional reserves.
Thanks! - Buyer-REDACTED
Open-The REDACTED updated statement has decreased in value, and now with increased reserves due to expanded DTI, the borrower is short on reserves (REDACTED months reserves verified vs. REDACTED months required).  Still needed - assets covering REDACTED months reserves as required (REDACTED months per loan amount + REDACTED months due to expanded DTI).  - Due Diligence Vendor-REDACTED
Open-Total Qualified Assets for Reserves Post-Close of REDACTEDis less than Total Required Reserve Amount of REDACTED - Due Diligence Vendor-REDACTED		   Resolved-Total Qualified Assets for Reserves Post-Close of REDACTED is equal to or greater than Total Required Reserve Amount of REDACTED- Due Diligence Vendor-REDACTED
 Resolved-Total Qualified Assets for Reserves Post-Close of REDACTED is less than Total Required Reserve Amount of REDACTED- Due Diligence Vendor-REDACTED
 Resolved-Total Qualified Assets for Reserves Post-Close of REDACTED is equal to or greater than Total Required Reserve Amount of REDACTED - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   208 D A D A A A A A Closed FCRE7805 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Income - Bank Statements Resolved-Missing statement received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. bank statements uploaded  - Buyer-REDACTED
Open-B2 BANK STATEMENT FOR REDACTED FOR REDACTED  IS MISSING FROM INCOME DOCUMENTATION.  (REDACTED MONTHS BANK STATEMENTS USED FOR INCOME) - Due Diligence Vendor-REDACTED		   Resolved-Missing statement received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   211 D A D A A A A A Closed FCRE1316 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Borrower 1 3rd Party VOE Prior to Close Missing Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED
Resolved-Received VVOE - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached VVOE.
Thanks! - Buyer-REDACTED
Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing documentation verifying business existence within REDACTED days of Note required by Guidelines. CPA letter in file is dated REDACTED vs Note dated REDACTED. Other verification documents in file are not dated. REDACTED - Due Diligence Vendor-REDACTED		   Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED
 Resolved-Received VVOE - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   219 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other    
REDACTED   222 D A D A A A A A Closed FCRE1335 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Borrower 1 IRS Transcripts Missing Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached.
Thanks! - Buyer-REDACTED
Open-Borrower 1 IRS Transcripts Missing REDACTED transcripts are missing from file - Due Diligence Vendor-REDACTED		   Resolved-Borrower 1 IRS Transcripts Provided - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   202 D B A A A A D B Closed FVAL8946 REDACTED REDACTED Waived 2 - Non-Material D B Property Missing Doc Missing Appraisal Waived-CDA dated after note/disbursement date received.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-The same appraisal as is in file was received.  REDACTED Appraisal in file is dated REDACTED. The desk review submitted is dated REDACTED and references an appraisal effective date of REDACTED. Updated desk review required on appraisal submitted dated REDACTED. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-Appraisal submitted is in REDACTED which is not this borrower or subject property. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-REDACTED Appraisal in file is dated REDACTED.  The desk review submitted is dated REDACTED and references an appraisal effective date of REDACTED. Updated desk review required on appraisal submitted dated REDACTED.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Waived-CDA dated after note/disbursement date received.  - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close No
REDACTED   202 D B A A A A D B Closed FVAL9739 REDACTED REDACTED Acknowledged 2 - Non-Material C B Property Appraisal Property/Appraisal General Acknowledged-Exception in file to calculate seasoning of ownership based on closing date of loan vs. application as per program guidelines. Based on closing date, borrower has owned property for REDACTED months.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Subject property was purchased REDACTED for REDACTED.  Current appraised value is REDACTED.  Per lender guidelines REDACTED, If the subject property is owned for less than REDACTED months at the time of application, then the LTV/CLTV will be based on the lesser of the original purchase price.  This is based on the application date, not the closing date as stated on the note.
plus improvements or current appraised value.  Proof of Improvements and proof of purchase price are required. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Acknowledged-Exception in file to calculate seasoning of ownership based on closing date of loan vs. application as per program guidelines. Based on closing date, borrower has owned property for REDACTED months.  - Due Diligence Vendor-REDACTED
   REDACTED FICO, reserves exceed REDACTED months, no mortgage lates in last REDACTED, appraisal report supports improvements and renovations to the subject property. REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close Yes
REDACTED   201 C A C A A A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Title Supplement verifying lender coverage received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Property Title Issue Lender Name is not listed on preliminary title as proposed insured.  Prelim title states proposed insurance is to be determined.  Supplement or FTP required. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Title Supplement verifying lender coverage received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   207 D A A A D A A A Closed FCOM9001 REDACTED REDACTED Resolved 1 - Information C A Compliance Disclosure Business Purpose Affidavit Resolved-Documentation received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-Need CoGS and EIN letter for REDACTED. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Business Purpose Affidavit missing from loan file loan closed in name of REDACTED business purpose affidavit is required but missing from file.  EIN letter REDACTED is for REDACTED, EIN Letter REDACTED is for REDACTED.  CoGS REDACTED is for REDACTED.   Need  CoGS and EIN letter for REDACTED.   - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Documentation received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   207 D A A A D A A A Closed FCOM1477 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing evidence of rate lock Resolved-Lock conf received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Lock conf received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   206 D A D A D A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Title coverage received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-1. Pro forma title shows coverage amount ofREDACTED toREDACTED on REDACTED which must be updated to equal the loan amount.  
Please provide final title or a title supplement that binds coverage with both updates. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Per TITLE - REDACTED  of the commitment does not appear on the Pro Forma policy, but it properly belongs on the commitment because it was still on record on the effective date of the commitment.  The commitment was effective REDACTED and the satisfaction was recorded REDACTED. - Seller-REDACTED
Open-Property Title Issue . Prelim title shows lien with REDACTED originated REDACTED.  Documentation on REDACTED shows mortgage was satisfied. Revised title commitment is required removing REDACTED lien.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded. Per TITLE - REDACTED of the commitment does not appear on the Pro Forma policy, but it properly belongs on the commitment because it was still on record on the effective date of the commitment.  The commitment was effective REDACTED and the satisfaction was recorded REDACTED. - Seller-REDACTED
 Resolved-Title coverage received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   206 D A D A D A A A Closed FCOM9001 REDACTED REDACTED Resolved 1 - Information C A Compliance Disclosure Business Purpose Affidavit Resolved-EIN received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. EIN uploaded - thank you  - Seller-REDACTED
Counter-Business EIN required - Due Diligence Vendor-1REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Business Purpose Affidavit missing from loan file loan closed in name of REDACTED, Business purpose affidavit is required - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. EIN uploaded - thank you  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-EIN received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   206 D A D A D A A A Closed FCRE1202 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Third Party Fraud Report Partially Provided Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-REDACTED
Resolved-Fraud report received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Third Party Fraud Report Partially Provided only OFAC search and SAM. Gov were provided - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-REDACTED
 Resolved-Fraud report received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   206 D A D A D A A A Closed FCOM1477 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing evidence of rate lock Resolved-Lock confirmation received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Evidence of Rate Lock Missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Lock confirmation received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   227 D A D A A A A A Closed FCRE3978 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Letter of Explanation (Credit) Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached cash out letter.
Thanks! - Buyer-REDACTED
Open-USE FOR CASH OUT LETTER IS MISSING FROM FILE. Business Purpose Affidavit (REDACTED) is blank for cash out use explanation.  - Due Diligence Vendor-REDACTED		   Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   229 D B D B A A A A Closed FCRE5786 REDACTED REDACTED Waived 2 - Non-Material B B Credit Missing Doc Borrower 1 Gap Credit Report is Incomplete Waived-Borrower 1 Gap Credit Report is Partially Present. Gap credit report in file is dated after note/disbursement date - Due Diligence Vendor-REDACTED   Waived-Borrower 1 Gap Credit Report is Partially Present. Gap credit report in file is dated after note/disbursement date - Due Diligence Vendor-REDACTED
   Lender acknowledged finding.  Gap credit report in file is dated after note/disbursement date.  GAP credit report was within a week of disbursement, REDACTED FICO, Credit usage REDACTED prior to close, all revolving credit paid off at closing.
 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation Originator Post-Close No
REDACTED   229 D B D B A A A A Closed FCRE8201 REDACTED REDACTED Resolved 1 - Information C A Credit Eligibility Loan does not conform to program guidelines Resolved-Documentation received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Buyer-REDACTED
Open-1. There is no evidence in the file that the borrower has been self employed for at least REDACTED or more.
2. There is  no Cash out letter in the file.  - Due Diligence Vendor-REDACTED		   Resolved-Documentation received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation N/A N/A
REDACTED   229 D B D B A A A A Closed FCRE1316 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Borrower 1 3rd Party VOE Prior to Close Missing Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED
Resolved-Document Uploaded. VVOE received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Buyer-REDACTED
Open-Borrower 1 3rd Party VOE Prior to Close Missing Verification of business existence within REDACTED days of closing required - Due Diligence Vendor-REDACTED		   Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-REDACTED
 Resolved-Document Uploaded. VVOE received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation N/A N/A
REDACTED   215 D B D B B A A A Closed FCRE1764 REDACTED REDACTED Acknowledged 2 - Non-Material D B Credit Missing Doc Missing Verification of Mortgage Acknowledged-Acknowledged - lender LOE does not fulfill guideline requirement - B/2 - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-We agree that REDACTED is fulfilled.  The guideline in question is the requirement listed under REDACTED of lender guidelines - Age of Documents - proof of all mortgages the borrower has that shows paid current within REDACTED days of the note date is required. REDACTED opened REDACTED last report date is REDACTED - proof mortgage is current within REDACTED days of note date is required. - Due Diligence Vendor-REDACTED
Ready for Review-for the REDACTEDL mortgage account, this is not the subject property or primary residence. See REDACTED of our underwriting guidelines. This is not required for verification.  - Seller-REDACTED
Counter-Document Uploaded.  - Due Diligence Vendor-REDACTED
Counter- - Due Diligence Vendor-REDACTED
Ready for Review-Lender uploaded guidelines.  First mortgage on primary residence is with REDACTED. REDACTED statement is on REDACTED dated REDACTED. Subject property is free & clear.  Items needed: Per REDACTED of lender guidelines - Age of Documents - proof of all mortgages the borrower has that shows paid current within REDACTED days of the note date is required.  REDACTED opened REDACTED last report date is REDACTED - proof mortgage is current within REDACTED days of note date is required. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-1. additional mortgage on credit report for REDACTED opened REDACTED last report date isREDACTED updated mortgage history is required on all mortgages within REDACTED days of Note date of REDACTED
2. Primary residence verification of mortgage for REDACTED months payment history required & not in file. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-for th eREDACTED mortgage account, this is not the subject property or primary residence. See REDACTED of our underwriting guidelines. This is not required for verification.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Acknowledged-Acknowledged - lender LOE does not fulfill guideline requirement - B/2 - Due Diligence Vendor-REDACTED
   Lender acknowledged finding. VOM provided is within REDACTED days of closing, not REDACTED.  All mortgages on credit report are REDACTED for life of mortgages, REDACTED CLTV.  REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close No
REDACTED   215 D B D B B A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Final Title Policy showing lien removed & release received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Property Title Issue Preliminary title item REDACTED lien in the amount of REDACTED on REDACTED was not paid on HUD 1 at closing.  Verification this lien is paid in full and removed from final title is required to verify lien position.  REDACTED

(Deed of Trust dated REDACTED, filed REDACTED, recorded in/under Clerk's File No.
REDACTED, Official Public Records, REDACTED, executed by REDACTED aka REDACTED, securing the payment of one note in the original principal amount
ofREDACTED) - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Final Title Policy showing lien removed & release received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   215 D B D B B A A A Closed FCRE7347 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Lease Agreement Resolved-Lease agreement received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Missing lease agreement for property to verify current rental income vs. 1007 as req per guidelines (REDACTED) - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Lease agreement received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   215 D B D B B A A A Closed FCOM8804 REDACTED REDACTED Resolved 1 - Information B A Compliance Missing Doc Missing Loan program disclosure Resolved-Guaranty received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Missing Personal Guaranty  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Guaranty received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   215 D B D B B A A A Closed FCRE5809 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing evidence of self employment Resolved-Document Uploaded. Docs received - Due Diligence Vendor-REDACTED
Open-Missing business entity EIN and entity formation documents - Due Diligence Vendor-REDACTED		   Resolved-Document Uploaded. Docs received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   217 D A D A A A A A Closed FCRE1326 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Borrower 1 YTD Profit & Loss Missing Resolved-REDACTED P&L received - Due Diligence Vendor-REDACTED
Open-Borrower 1 YTD Profit & Loss Missing -The P&L in the file on REDACTED indicates that the P&L covers REDACTED through REDACTED. There is no P&L covering REDACTED. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.REDACTED P&L uploaded  - Buyer-REDACTED		   Resolved-REDACTED YTD P&L received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   216 D B D B A A A A Closed FCRE1163 REDACTED REDACTED Acknowledged 2 - Non-Material C B Credit Insurance Flood Certification Date is greater than Note Date Acknowledged-Flood certificate dated after note/disbursement date.  Lender statement received stating this doesn't change loan details. Acknowledged/B.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Flood Certification Date is greater than REDACTED FLOOD CERT ON REDACTED IS DATED REDACTED AND NOTE DATE IS REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Acknowledged-Flood certificate dated after note/disbursement date.  Lender statement received stating this doesn't change loan details. Acknowledged/B.  - Due Diligence Vendor-REDACTED
   Lender acknowledged finding, property is not in a flood zone, appraisal which was in file prior to closing/disbursement indicated the property was not in a flood zone, REDACTED CLTV.
REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close No
REDACTED   216 D B D B A A A A Closed FCRE3978 REDACTED REDACTED Acknowledged 2 - Non-Material D B Credit Missing Doc Missing Letter of Explanation (Credit) Acknowledged-Lender acknowledged finding. VOM provided is within REDACTED days of closing, not REDACTED.  Credit report reflects current history on all mortgages. All mortgages on credit report are REDACTED for life of mortgages, REDACTED CLTV.
 - Due Diligence Vendor-REDACTED
Acknowledged-Acknowledged - lender LOE does not fulfill guideline requirement - B/2 - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-Per REDACTED of lender guidelines - Age of Documents - proof of all mortgages the borrower has that shows paid current within REDACTED days of the note date is required. REDACTEDL opened REDACTED last report date is REDACTED- proof mortgage is current within REDACTED days of note date is required. - Due Diligence Vendor-REDACTED Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-1-MORTGAGE ON CREDIT REPORT FROM REDACTEDL LAST REPORTED REDACTED-NEED UPDATE WITHIN REDACTED DAYS OF NOTE DATE-NO DOCUMENTATION PROVIDED SHOWING WHAT PROPERTY THIS IS ATTACHED TOO. 2. ALL MORTGAGE HISTORIES NEED TO BE UPDATED WITHIN REDACTED DAYS OF NOTE DATE OF REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Acknowledged-Lender acknowledged finding. VOM provided is within REDACTED days of closing, not REDACTED.  Credit report reflects current history on all mortgages. All mortgages on credit report are REDACTED for life of mortgages, REDACTED CLTV.
 - Due Diligence Vendor-REDACTED
 Acknowledged-Acknowledged - lender LOE does not fulfill guideline requirement - B/2 - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close No
REDACTED   216 D B D B A A A A Closed FCRE1146 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document is Partially Present Resolved-Release of lien received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Ready for Review-what will you accept besides the title policy ... it's not available yet, loan just closed in REDACTED.  will a lien release suffice? - Seller-REDACTED
Counter-Marked up title and LOE received. The final CD does not fulfill title requirement based on language on preliminary title. ***Items still needed: 1. Lenders Title Coverage is not sufficient to cover loan amount. 2. Title REDACTED must be removed and not present on DOT - this statement is extending the first lien that is to be paid off with this loan. Final title policy required. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - SellerREDACTED
Counter-Marked up preliminary title policy received.  Final title policy is required. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is incomplete or only partially present 1. Lenders Title Coverage is not sufficient to cover loan amount.
2. Title REDACTED must be removed and not present on DOT - this statement is extending the first lien that is to be paid off with this loan. Final title policy required.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-what will you accept besides the title policy ... it's not available yet, loan just closed in REDACTED.  will a lien release suffice? - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Release of lien received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   216 D B D B A A A A Closed FCRE1764 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Verification of Mortgage Resolved-VOM for primary residence received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Primary residence verification of mortgage for REDACTED months payment history required & not in file. (Subject property VOM is in file, REDACTED). - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-VOM for primary residence received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   221 D A D A A A C A Closed FCRE6534 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Fraud Product Resolved-Fraud report received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached fraud report.
Thanks! - Buyer REDACTED
Open-FRAUD REDACTED IS MISSING FROM FILE  - Due Diligence Vendor-REDACTED		   Resolved-Fraud report received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   221 D A D A A A C A Closed FVAL2477 REDACTED REDACTED Resolved 1 - Information C A Property Appraisal Appraisal incomplete (missing map, layout, pages, etc.) Resolved-1007 received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see attached 1007 Report.
Thanks! - Buyer-REDACTED
Open-Missing 1007/market rent determination - Due Diligence Vendor-REDACTED		   Resolved-1007 received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   240 B B B B A A A A Closed FCRE8201 REDACTED REDACTED Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-Exception received to allow use of current guidelines dated REDACTED vs. REDACTED guidelines to utilize recertification of appraisal which extends expiration date to REDACTED days vs.REDACTED days. - Due Diligence Vendor-REDACTED   Waived-Exception received to allow use of current guidelines dated REDACTED vs. REDACTED guidelines to utilize recertification of appraisal which extends expiration date to REDACTED days vs.REDACTED days. - Due Diligence Vendor-REDACTED
   REDACTED LTV vs. REDACTED max, REDACTED months reserves vs. REDACTED months required, REDACTED FICO REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated Originator Pre-Close Yes
REDACTED   239 C B B B A A C A Closed FVAL2477 REDACTED REDACTED Resolved 1 - Information C A Property Appraisal Appraisal incomplete (missing map, layout, pages, etc.) Resolved-Unit numbers for subject and comp REDACTED added on REDACTED of appraisal.  Appraiser note for change is on page REDACTED.  Resolved. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. updated appraisal attached.  - Buyer-REDACTED
Open-The appraisal does not indicate the unit numbers for the subject property or comparable REDACTED on the same street.  Please have the unit #s added for the subject property - REDACTED, REDACTED - and for comp REDACTED- so the appraisal can be verified to be for this property. - Due Diligence Vendor-REDACTED		   Resolved-Unit numbers for subject and comp REDACTED added on REDACTED of appraisal.  Appraiser note for change is on page REDACTED.  Resolved. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated N/A N/A
REDACTED   239 C B B B A A C A Closed FCRE8201 REDACTED REDACTED Waived 2 - Non-Material B B Credit Eligibility Loan does not conform to program guidelines Waived-EXCEPTION ON REDACTED TO ALLOW REDACTED PAYMENT FOR REDACTED LOAN TO BE PAID AT TIME OF CLOSING WHEN PAYING OFF EXISTING LIEN - Due Diligence Vendor-REDACTED   Waived-EXCEPTION ON REDACTED TO ALLOW REDACTED PAYMENT FOR REDACTED LOAN TO BE PAID AT TIME OF CLOSING WHEN PAYING OFF EXISTING LIEN - Due Diligence Vendor-REDACTED   REDACTED CLTV vs. REDACTED max, significant verified reserves over program guidelines of REDACTED months, DSCR over REDACTED REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance No Cash Out - Borrower Initiated Originator Pre-Close Yes
REDACTED   238 C A C A A A A A Closed FCRE1159 REDACTED REDACTED Resolved 1 - Information C A Credit Insurance Hazard Insurance Effective Date is after the Note Date Resolved-Hazard Insurance Effective Date of REDACTED is prior to or equal to the Note Date of REDACTED Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-REDACTED
Resolved-HOI received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Previous HOI policy attached  - Buyer-REDACTED
Open-Hazard Insurance Effective Date of REDACTED is after the Note Date of REDACTED Prior year policy not located in file. Verification of HOI in place at time of closing & disbursement needed. - Due Diligence Vendo-rREDACTED		   Resolved-Hazard Insurance Effective Date of REDACTED is prior to or equal to the Note Date of REDACTED Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-REDACTED
 Resolved-HOI received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Other N/A N/A
REDACTED   235 C B C B A A A A Closed FCRE8611 REDACTED REDACTED Resolved 1 - Information C A Credit Income/Employment Income/Employment General Resolved-Received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Evidence of EIN # for REDACTED is missing from file - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   235 C B C B A A A A Closed FCRE1195 REDACTED REDACTED Waived 2 - Non-Material C B Credit Eligibility Audited CLTV Exceeds Guideline CLTV Waived-Exception to allow REDACTED CLTV on REDACTED property with loan amount REDACTED received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-MAX LTV for REDACTED is REDACTED LTV on this transaction is REDACTED with no exception in the file.  Exception form completed with compensating factors and underwriter name required. - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Waived-Exception to allow REDACTED CLTV on REDACTED property with loan amount REDACTED received - Due Diligence Vendor-REDACTED
   REDACTED months reserves, REDACTED FICO, REDACTED DSCR REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA Originator Post-Close Yes
REDACTED   218 D A D A A A A A Closed FCRE2109 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Lender Income Calculation Worksheet Resolved-Self-Employment income worksheet received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Hi,
Please see the attached self-employment worksheet.
Thanks! - Buyer-REDACTED
Counter-Lender income worksheet for REDACTED income received (was also in file). Finding was not clear. The income worksheet for the self-employment income, REDACTED, is needed. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. income calc attached  - Buyer-REDACTED
Open-Missing income worksheet for REDACTED - Due Diligence Vendor-REDACTED		   Resolved-Self-Employment income worksheet received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   218 D A D A A A A A Closed FCRE8201 REDACTED REDACTED Resolved 1 - Information C A Credit Eligibility Loan does not conform to program guidelines Resolved-Updates received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Ho,
Please see attached updated items. Fico is REDACTED and loan doc type is REDACTED. All match now.
Thanks! - Buyer-REDACTED
Open-Lender clarification needed. FICO locked value is REDACTED, however, the highest income earning borrower mid score is REDACTED. Income option shows full doc 2 year, but only one year of income docs are present in file. 1008 indicates REDACTED. - Due Diligence Vendor-REDACTED		   Resolved-Updates received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   225 D B D B D A A A Closed FCRE8611 REDACTED REDACTED Waived 2 - Non-Material C B Credit Income/Employment Income/Employment General Waived-Loan Guaranty received - post-closing and disbursement dates - B/2 - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-fully executed Loan Guaranty is missing from file - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Waived-Loan Guaranty received - post-closing and disbursement dates - B/2 - Due Diligence Vendor-REDACTED
   Lender acknowledged finding, loan guaranty received dated post-closing and disbursement dates, DCSR REDACTED, REDACTED CLTV, REDACTED FICO.
 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other Originator Post-Close No
REDACTED   225 D B D B D A A A Closed FCRE1145 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document Missing Resolved-Updated title with coverage and exceptions removed - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-Title received.  1. Lenders coverage amount is less than loan amount.  Updated title with sufficient lenders coverage needed.  2. Verification of the document having no lien impact or verification that exceptionsREDACTED are removed from final title policy. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is missing preliminary title commitment is missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Updated title with coverage and exceptions removed - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   225 D B D B D A A A Closed FCRE5116 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing VOM or VOR Resolved-Payment history received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. VOM from REDACTED is missing from file - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Payment history received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   225 D B D B D A A A Closed FCRE4001 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing 1008/UW Approval Document Resolved-1008 received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Missing 1008/UW Approval Document 1008 is not in file - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-1008 received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   225 D B D B D A A A Closed FCRE3978 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Letter of Explanation (Credit) Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-USE FOR CASH OUT LETTER IS MISSING FROM FILE.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   225 D B D B D A A A Closed FCOM1477 REDACTED REDACTED Resolved 1 - Information D A Compliance Missing Doc Missing evidence of rate lock Resolved- - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Evidence of Rate Lock Missing FILE IS MISSING LOCK CONFIRMATION.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
     Received REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   230 D A D A A A A A Closed FCRE1325 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Borrower 1 CPA Letter Missing Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-REDACTED
Resolved-CPA letter received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Buyer-REDACTED
Open-Borrower 1 CPA Letter Missing CPA letter missing from file.
A signed letter from the CPA, CTEC (CA Tax Education Council) or EA (Enrolled Agent) on their business letterhead showing address, phone number, and license number is required with the following information:
oCPA/CTEC/EA confirms they have prepared and/or reviewed the most recent year’s business tax return filing; and,
oThe business name, borrower’s name, and percentage of business ownership by the borrower. - Due Diligence Vendor-REDACTED		   Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-REDACTED
 Resolved-CPA letter received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   230 D A D A A A A A Closed FCRE1254 REDACTED REDACTED Resolved 1 - Information C A Credit Title Property Title Issue Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED
Resolved-Lender title coverage received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. title sup uploaded with coverage of REDACTED - Buyer-REDACTED
Open-Lenders coverage amount for title insurance is not indicated on supplement REDACTED- Due Diligence Vendor-REDACTED		   Resolved-Property Title Issue Resolved - Due Diligence Vendor-REDACTED
 Resolved-Lender title coverage received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   230 D A D A A A A A Closed FCRE3653 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing letter of explanation Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Buyer-REDACTED
Open-Missing signed letter from the borrower disclosing the purpose of the cash-out. - Due Diligence Vendor-REDACTED		   Resolved-Cash Out LOE received - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   231 D B D B A A A A Closed FCRE8611 REDACTED REDACTED Waived 2 - Non-Material C B Credit Income/Employment Income/Employment General Waived-. - Due Diligence Vendor-REDACTED
Waived-Guaranty received - dated after note/disbursement date. B/2 - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Individual signed guaranty attached - Seller-REDACTED
Counter-This loan is in the name of the REDACTED.  The Loan Guaranty is the document that indicates the borrower is providing a personal guarantee of repayment. - Due Diligence Vendor-REDACTED
Ready for Review-Can you please provide clarification as to what form you are looking for? We have never provided a Loan Guaranty form on any of the previous loans for REDACTED. Is this new?  - Seller-REDACTED
Open-Loan Guaranty is missing - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Individual signed guaranty attached - Seller-REDACTED
 Ready for Review-Can you please provide clarification as to what form you are looking for? We have never provided a Loan Guaranty form on any of the previous loans for REDACTED. Is this new?  - Seller-REDACTED
 Waived-. - Due Diligence Vendor-REDACTED
 Waived-Guaranty received - dated after note/disbursement date. B/2 - Due Diligence Vendor-REDACTED
   Lender acknowledged finding, loan guaranty received dated post-closing and disbursement dates. REDACTED% CLTV, Mortgage history REDACTED for all mortgage history on credit report, borrower has investor experience.
 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA Originator Post-Close No
REDACTED   231 D B D B A A A A Closed FCRE4989 REDACTED REDACTED Resolved 1 - Information C A Credit Closing Collections, liens or judgments not paid at closing Resolved-Verification REDACTED chargeoff paid in full received. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. The REDACTED account in question was paid off prior to closing.  Attached we have the paid in full letter from REDACTED, the payoff from the attorney handling this, proof that it was paid out of the borrower’s bank account and confirmation from REDACTED that we would not even need to paper trail the assets used as this is a DSCR loan.

Thanks
 - Seller-REDACTED
Open-REDACTED collection in the amount of REDACTED was required to be paid in full at closing. (There is documentation of the monthly payment being made, however, this is not within guideline requirements.  The REDACTED will be in place should the payment arrangement be defaulted.)  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. The REDACTED account in question was paid off prior to closing.  Attached we have the paid in full letter from REDACTED, the payoff from the attorney handling this, proof that it was paid out of the borrower’s bank account and confirmation from REDACTED that we would not even need to paper trail the assets used as this is a DSCR loan.

Thanks
 - Seller-REDACTED		 Resolved-Verification REDACTED chargeoff paid in full received. - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   231 D B D B A A A A Closed FCRE3978 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing Letter of Explanation (Credit) Resolved-Document received - not on subject property - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. The REDACTED is a REDACTED REDACTED that does not require payments.  Their matrix is attached which spells out the terms of the REDACTED

Thanks
 - Seller-REDACTED
Open-Explanation of primary residence REDACTED REDACTED - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. The REDACTED is a REDACTED REDACTED that does not require payments.  Their matrix is attached which spells out the terms of the REDACTED

Thanks
 - Seller-REDACTED		 Resolved-Document received - not on subject property - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA N/A N/A
REDACTED   223 D A D A A A A A Closed FCRE5116 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Missing VOM or VOR Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED
Resolved-VOR received - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. Current lease on the primary is REDACTED a month  - Seller-REDACTED
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. BORROWER HAS BEEN RENTING RESIDENCE FOR REDACTED MONTHS PER 1003, NO VOR OR PAYMENT HISTORY PROVIDED.  CREDIT REPORT DOES SHOW CREDITOR  OF REDACTED REPORTING FOR REDACTED NO DOCUMENTATION SHOWING WHAT PROPERTY THIS IS ATTACHED TOO. CREDIT REFRESH ON REDACTED.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. Current lease on the primary is REDACTED a month  - Seller-REDACTED
 Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-REDACTED
 Resolved-VOR received - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   223 D A D A A A A A Closed FCRE1459 REDACTED REDACTED Resolved 1 - Information C A Credit Assets Asset 5 Less Than 2 Months Verified Resolved-Borrower business account verified - resolved - Due Diligence Vendor-REDACTED
Open-Asset REDACTED Less Than REDACTED Months Verified GIFT LETTERS PROVIDED FOR REDACTED, REDACTED AND REDACTED  INCLUDING WIRES TO TITLE COMPANY. FILE IS MISSING REDACTED GIFT LETTER FOR REDACTED WIRED TO TITLE CO ON REDACTED FROM BORROWER'S BUSINESS ACCOUNT. REDACTED GIFT LETTER FOR REDACTED FROM BUSINESS ACCOUNT  IS MISSING . WIRE IS ON REDACTED - Due Diligence Vendor-REDACTED		   Resolved-Borrower business account verified - resolved - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   233 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA    
REDACTED   214 D A D A D A A A Closed FCRE1146 REDACTED REDACTED Resolved 1 - Information D A Credit Missing Doc Title Document is Partially Present Resolved-Producer contract verified - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-A copy of the recorded solar lien from REDACTED was received.  The subordination of the solar liens to this new first lien is not shown. Verification that this lien is in first lien position and solar liens are subordinated is required. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Counter-Lender coverage is verified, however the subordination of the solar liens to this new first lien is not shown.  Verification that this lien is in first lien position and solar liens are subordinated is required.  - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-Title Document is incomplete or only partially present 1. PRELIMINARY TITLE IS MISSING LENDER AS NAMED INSURED AND LENDERS COVERAGE OF REDACTED
2. VERIFICATION SOLAR LIEN IS SUBORDINATED TO NEW FIRST MORTGAGE.  FINAL TITLE POLICY REQUIRED TO VERIFY.  (NOTE - PER LENDER GUIDELINES, SOLAR IS NOT INCLUDED IN VALUE) - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Producer contract verified - Due Diligence Vendor-REDACTED
     REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other N/A N/A
REDACTED   241 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Refinance Cash Out - Debt Consolidation    
REDACTED   234 C A C A A A A A Closed FCRE8611 REDACTED REDACTED Resolved 1 - Information C A Credit Income/Employment Income/Employment General Resolved-Income documentation and asset statements received - asset depletion resolved - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded. No, we are not using REDACTED for assets depletion and was not considered on qualifying income for that. That account was the one we used for funds to close. Please see attached most recent asset depletion worksheet with notes on the assets we used to qualify. Thank you - Seller-REDACTED
Counter-VOE received.  REDACTED statements from REDACTED received.  Print out through REDACTED  received. Other asset statements received.  ***Still needed - 1. Lender asset depletion worksheet to show lender asset depletion accounts used and income calculation.  2. REDACTED REDACTED statements required to equal REDACTED statements if used for asset depletion. - Due Diligence Vendor-REDACTED
Ready for Review-Document Uploaded.  - Seller-REDACTED
Open-1. Offer letter is missing from REDACTED-only VVOE stating start date of REDACTED is provided
2. Income worksheet missing for  asset depletion income
3. asset depletion-REDACTED months bank statements required. Missing REDACTED months statements for REDACTED - only REDACTED provided.  - Due Diligence Vendor-REDACTED		 Ready for Review-Document Uploaded. No, we are not using REDACTED for assets depletion and was not considered on qualifying income for that. That account was the one we used for funds to close. Please see attached most recent asset depletion worksheet with notes on the assets we used to qualify. Thank you - Seller-REDACTED
 Ready for Review-Document Uploaded.  - Seller-REDACTED
 Resolved-Income documentation and asset statements received - asset depletion resolved - Due Diligence Vendor-REDACTED
     REDACTED Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors REDACTED REDACTED Primary Residence Purchase NA N/A N/A
REDACTED   237 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Purchase NA    
REDACTED   236 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other    
REDACTED   244 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other    
REDACTED   243 A A A A A A A A     REDACTED REDACTED     A A                 REDACTED ATR/QM: Exempt ATR/QM: Exempt REDACTED REDACTED Investment Refinance Cash Out - Other