| Exception Grades |
| Run Date - 7/15/2026 4:13:57 PM |
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| [redacted] | 10001 | [redacted] | 35030703 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Is Curable | |||||||||||||
| [redacted] | 10001 | [redacted] | 35030704 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10002 | [redacted] | 35030711 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10002 | [redacted] | 35030712 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/20/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10002 | [redacted] | 35030713 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-20): Seller acknowledges exception, no change to grading. |
10/20/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10003 | [redacted] | 35030715 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10003 | [redacted] | 35030716 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/20/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10004 | [redacted] | 35030745 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, no change to grading. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10004 | [redacted] | 35030746 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10004 | [redacted] | 35030747 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10005 | [redacted] | 35030758 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10005 | [redacted] | 35030759 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10005 | [redacted] | 35030760 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, no change to grading. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10006 | [redacted] | 35030779 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | VT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10006 | [redacted] | 35030780 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/20/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | VT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10007 | [redacted] | 35030787 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10007 | [redacted] | 35030788 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/20/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10007 | [redacted] | 35030789 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-20): Seller acknowledges exception, no change to grading. |
10/20/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10008 | [redacted] | 35030794 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10008 | [redacted] | 35030795 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10008 | [redacted] | 35030796 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower's income documentation shows the borrower at [redacted]. Please provide evidence the borrower does not own this property. | Reviewer Comment (2025-10-23): Documentation received verifying the borrower does not have any ownership in the indicated property. Exception cleared. Buyer Comment (2025-10-22): Please see attached county records confirming borrower does not own the non-subject property. |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10009 | [redacted] | 35030805 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10009 | [redacted] | 35030806 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10009 | [redacted] | 35030807 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10010 | [redacted] | 35030812 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10010 | [redacted] | 35030813 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10011 | [redacted] | 35030816 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10011 | [redacted] | 35030817 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10012 | [redacted] | 35030820 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10012 | [redacted] | 35030821 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10013 | [redacted] | 35030836 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10013 | [redacted] | 35030837 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10013 | [redacted] | 35030840 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-10-27): Seller acknowledges the exception, no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10014 | [redacted] | 35030861 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10014 | [redacted] | 35030862 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10015 | [redacted] | 35030880 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10015 | [redacted] | 35030881 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10015 | [redacted] | 35030885 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | The file was missing the current VVOE for the borrower within [redacted] business days of closing. Please provide for review. | Reviewer Comment (2025-10-23): VVOE received with Time Stamp within [redacted] business days from the Note date. Exception cleared. Buyer Comment (2025-10-22): Please see attached, VOE with internal time stamp. The date listed on the VOE is a typo, the correct date is now listed on the top right hand corner; [redacted] |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10016 | [redacted] | 35030925 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10016 | [redacted] | 35030926 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AL | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10016 | [redacted] | 35030929 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The credit report reflects a real estate loan with [redacted] Bank not associated to a property in file. Please provide documentation to verify the real estate this is associated with to verify there is no additional REO that has not been considered in qualifying. | Reviewer Comment (2025-11-03): Added adjacent parcel to the primary. As this is separately mortgaged but not attached to the subject, it has been added as an additional REO. Did not align with lender adding it as non-real estate debt as there is a mortgage securing the land. Mortgage and taxes considered, nothing further required due to being land only. Exception cleared. Buyer Comment (2025-10-30): Please see the attached prop searches, the borrowers owns adjacent land to one of his propertys with the parcel of [redacted] that is what this real estate loan is based on. We included a full prop search showing all the borrowers owns, and proof the borrower doesn't own the [redacted]th prop listed. |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10017 | [redacted] | 35030940 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10017 | [redacted] | 35030941 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10018 | [redacted] | 35030945 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10018 | [redacted] | 35030946 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10019 | [redacted] | 35030949 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10019 | [redacted] | 35030950 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10020 | [redacted] | 35030967 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SD | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10020 | [redacted] | 35030968 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | SD | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10021 | [redacted] | 35030985 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10021 | [redacted] | 35030986 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10021 | [redacted] | 35030990 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | B | B | D | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10022 | [redacted] | 35030997 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10022 | [redacted] | 35030998 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10022 | [redacted] | 35031001 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | The file was missing the verbal verification of employment obtained within [redacted] business days of closing. | Reviewer Comment (2025-10-24): Received latest WVOE. Exception Cleared. Buyer Comment (2025-10-23): Please see the post-close WVOE confirming active employment with [redacted] Buyer Comment (2025-10-23): Please see attached |
10/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10023 | [redacted] | 35031016 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10023 | [redacted] | 35031017 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10023 | [redacted] | 35031018 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10024 | [redacted] | 35031020 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10024 | [redacted] | 35031021 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10024 | [redacted] | 35031024 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-24): Seller acknowledges the exception, no change to grading. |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | WI | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10025 | [redacted] | 35031036 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10025 | [redacted] | 35031037 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10026 | [redacted] | 35031040 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10026 | [redacted] | 35031041 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TX | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10026 | [redacted] | 35031042 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The third-party verification for the borrower's Schedule-C was not timestamped. Please provide evidence of when this was obtained by the lender for review. | Reviewer Comment (2025-10-27): Timestamped document was provided to satisfy exception. Exception cleared Buyer Comment (2025-10-27): Please see the attached confirmation the self-employment verification was completed within the required timeframe prior to closing. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10027 | [redacted] | 35031061 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10027 | [redacted] | 35031062 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10028 | [redacted] | 35031069 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10028 | [redacted] | 35031070 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | TX | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10029 | [redacted] | 35031075 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/21/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10029 | [redacted] | 35031076 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10029 | [redacted] | 35031077 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, no change to grading. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10030 | [redacted] | 35031087 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10030 | [redacted] | 35031088 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10030 | [redacted] | 35031089 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, no change to grading. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10031 | [redacted] | 35031091 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10031 | [redacted] | 35031092 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | D | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10031 | [redacted] | 35031093 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, no change to grading. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10031 | [redacted] | 35031097 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-10-23): seller accepts; no change to grading. |
10/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | D | B | A | A | B | B | D | B | Non QM | Non QM | No | ||||||||||
| [redacted] | 10032 | [redacted] | 35031109 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10032 | [redacted] | 35031110 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10033 | [redacted] | 35031116 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10033 | [redacted] | 35031117 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10034 | [redacted] | 35031120 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10034 | [redacted] | 35031121 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10034 | [redacted] | 35031125 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-23): Seller acknowledges the exception, no change to grading. |
10/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10035 | [redacted] | 35031145 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | RI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10035 | [redacted] | 35031146 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | RI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10035 | [redacted] | 35031148 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | RI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10036 | [redacted] | 35031153 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10036 | [redacted] | 35031154 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10036 | [redacted] | 35031157 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10036 | [redacted] | 35031158 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10037 | [redacted] | 35031174 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10037 | [redacted] | 35031175 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10037 | [redacted] | 35031176 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10038 | [redacted] | 35031183 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10038 | [redacted] | 35031184 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10039 | [redacted] | 35031214 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10039 | [redacted] | 35031215 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10039 | [redacted] | 35031216 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10040 | [redacted] | 35031232 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10040 | [redacted] | 35031233 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10040 | [redacted] | 35031234 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10040 | [redacted] | 35031236 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]: The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 10/23/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10041 | [redacted] | 35031249 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10041 | [redacted] | 35031250 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10042 | [redacted] | 35031262 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10042 | [redacted] | 35031263 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10043 | [redacted] | 35031271 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10043 | [redacted] | 35031272 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10043 | [redacted] | 35031275 | Compliance | Compliance | State Compliance | Misc. State Level | [redacted] Tangible Net Benefit Disclosure | [redacted] Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | Buyer Comment (2025-10-24): Seller acknowledges exception, no change in grading |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10044 | [redacted] | 35031285 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10044 | [redacted] | 35031288 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10045 | [redacted] | 35031294 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10045 | [redacted] | 35031295 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10045 | [redacted] | 35031296 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10046 | [redacted] | 35031302 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10046 | [redacted] | 35031303 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | MN | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10046 | [redacted] | 35031306 | Compliance | Compliance | State Compliance | Misc. State Level | [redacted] Tangible Net Benefit Disclosure | [redacted] Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower. | Buyer Comment (2025-10-24): Seller acknowledges the exception, no change to grading. |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10047 | [redacted] | 35031307 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10047 | [redacted] | 35031308 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10047 | [redacted] | 35031309 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10048 | [redacted] | 35031321 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10048 | [redacted] | 35031322 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10048 | [redacted] | 35031326 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-27): seller accepts; no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10049 | [redacted] | 35031343 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10049 | [redacted] | 35031344 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10050 | [redacted] | 35031358 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10050 | [redacted] | 35031359 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10051 | [redacted] | 35031372 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10051 | [redacted] | 35031373 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10051 | [redacted] | 35031374 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10052 | [redacted] | 35031402 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10052 | [redacted] | 35031403 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10052 | [redacted] | 35031404 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10053 | [redacted] | 35031414 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10053 | [redacted] | 35031415 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10054 | [redacted] | 35031421 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10054 | [redacted] | 35031422 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10054 | [redacted] | 35031423 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10055 | [redacted] | 35031425 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10055 | [redacted] | 35031426 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | KY | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10055 | [redacted] | 35031427 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | KY | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10056 | [redacted] | 35031441 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10056 | [redacted] | 35031442 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10057 | [redacted] | 35031449 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10057 | [redacted] | 35031450 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | ID | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10058 | [redacted] | 35031460 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10058 | [redacted] | 35031461 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10058 | [redacted] | 35031462 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10058 | [redacted] | 35031464 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]: The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 10/22/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10059 | [redacted] | 35031472 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10059 | [redacted] | 35031473 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10060 | [redacted] | 35031476 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10060 | [redacted] | 35031477 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10061 | [redacted] | 35031480 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10061 | [redacted] | 35031481 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10062 | [redacted] | 35031484 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10062 | [redacted] | 35031485 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10063 | [redacted] | 35031492 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10063 | [redacted] | 35031493 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10063 | [redacted] | 35031496 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | All the [redacted]'s in the file for the pension incomes were blank. Please provide the [redacted] [redacted]'s or equivalent for both the pension incomes considered for the borrower. | Reviewer Comment (2025-10-27): [redacted] [redacted]R's were provided to satisfy exception. Exception cleared. Buyer Comment (2025-10-23): Please see attached [redacted]'s. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10063 | [redacted] | 35031497 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | All the [redacted]'s in the file for the pension incomes were blank. Please provide the [redacted] [redacted]'s or equivalent for both the pension incomes considered for the co-borrower. | Reviewer Comment (2025-10-27): [redacted] [redacted]R's were provided to satisfy exception. Exception cleared. Buyer Comment (2025-10-23): Please see attached [redacted]'s. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10064 | [redacted] | 35031503 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10064 | [redacted] | 35031504 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10064 | [redacted] | 35031505 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10065 | [redacted] | 35031523 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10065 | [redacted] | 35031524 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10065 | [redacted] | 35031525 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10066 | [redacted] | 35031526 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10066 | [redacted] | 35031527 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10067 | [redacted] | 35031539 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10067 | [redacted] | 35031540 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10067 | [redacted] | 35031541 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10068 | [redacted] | 35031552 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10068 | [redacted] | 35031553 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10068 | [redacted] | 35031554 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10069 | [redacted] | 35031567 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10069 | [redacted] | 35031568 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | MO | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10070 | [redacted] | 35031570 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10070 | [redacted] | 35031571 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10070 | [redacted] | 35031572 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10070 | [redacted] | 35031574 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]: The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 10/22/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10071 | [redacted] | 35031575 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10071 | [redacted] | 35031576 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10072 | [redacted] | 35031590 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10072 | [redacted] | 35031591 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10072 | [redacted] | 35031592 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10073 | [redacted] | 35031621 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10073 | [redacted] | 35031622 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10074 | [redacted] | 35031635 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10074 | [redacted] | 35031636 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10075 | [redacted] | 35031639 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10075 | [redacted] | 35031640 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10075 | [redacted] | 35031641 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10075 | [redacted] | 35031643 | Compliance | Compliance | Miscellaneous Compliance | Compliance | Other Compliance Exception (Manual Add) | Please provide evidence of the final rate event which occurred on [redacted] per lender's QM Findings. Note - if the rate set date considered of [redacted] is not documented, additional compliance exceptions will apply. | Reviewer Comment (2025-10-27): Client's internal [redacted]confirms last rate date of [redacted]. Exception cleared. Buyer Comment (2025-10-24): Please see attached confirming the rate set date of [redacted]. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||||
| [redacted] | 10076 | [redacted] | 35031652 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10076 | [redacted] | 35031653 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10077 | [redacted] | 35031659 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10077 | [redacted] | 35031660 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10078 | [redacted] | 35031671 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10078 | [redacted] | 35031672 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10078 | [redacted] | 35031673 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10079 | [redacted] | 35031675 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10079 | [redacted] | 35031676 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10080 | [redacted] | 35031684 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10080 | [redacted] | 35031685 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10080 | [redacted] | 35031686 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10081 | [redacted] | 35031692 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10081 | [redacted] | 35031693 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10082 | [redacted] | 35031701 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10082 | [redacted] | 35031702 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10082 | [redacted] | 35031703 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10083 | [redacted] | 35031708 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan | Reviewer Comment (2025-10-22): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan |
No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | D | B | A | A | B | B | D | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10083 | [redacted] | 35031710 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10083 | [redacted] | 35031711 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NY | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10084 | [redacted] | 35031712 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10084 | [redacted] | 35031713 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | WI | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10085 | [redacted] | 35031716 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10085 | [redacted] | 35031717 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10085 | [redacted] | 35031718 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10086 | [redacted] | 35031726 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10086 | [redacted] | 35031727 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10087 | [redacted] | 35031730 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10087 | [redacted] | 35031731 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10087 | [redacted] | 35031734 | Compliance | Compliance | State Compliance | State HPML | (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Loan. | Buyer Comment (2025-10-23): Seller acknowledges exception, no change in grading |
10/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OK | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10088 | [redacted] | 35031735 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10088 | [redacted] | 35031736 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10088 | [redacted] | 35031737 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10089 | [redacted] | 35031749 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10089 | [redacted] | 35031750 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10090 | [redacted] | 35031752 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10090 | [redacted] | 35031753 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10090 | [redacted] | 35031756 | Compliance | Compliance | State Compliance | State HPML | (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Loan. | Buyer Comment (2025-10-23): seller accepts; no change to grading. |
10/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OK | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10091 | [redacted] | 35031766 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10091 | [redacted] | 35031767 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10091 | [redacted] | 35031768 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10092 | [redacted] | 35031786 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10092 | [redacted] | 35031787 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10092 | [redacted] | 35031790 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Third Circuit) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Reviewer Comment (2025-11-06): Proof of borrower's receipt of letter of explanation along with re-opened rescission on correct RTC form has been provided to cure exception. Buyer Comment (2025-11-04): Please see the new RoR package attached |
11/06/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | PA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10093 | [redacted] | 35031792 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10093 | [redacted] | 35031793 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10093 | [redacted] | 35031794 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, no change to grading. |
10/22/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10094 | [redacted] | 35031803 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10094 | [redacted] | 35031804 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10095 | [redacted] | 35031812 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10095 | [redacted] | 35031813 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | KY | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10095 | [redacted] | 35031816 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The [redacted] W-[redacted] provided for the borrower was blank. Please provided the [redacted] W2 or equivalent income documentation for review. | Reviewer Comment (2025-10-27): [redacted] W-[redacted] was provided to satisfy exception. Exception cleared. Buyer Comment (2025-10-24): Please see the attached W2 from dept of treasury. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10096 | [redacted] | 35031817 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10096 | [redacted] | 35031818 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10097 | [redacted] | 35031821 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10097 | [redacted] | 35031822 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10098 | [redacted] | 35031832 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/22/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10098 | [redacted] | 35031833 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-22): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/22/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10099 | [redacted] | 35031836 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10099 | [redacted] | 35031837 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10100 | [redacted] | 35031839 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10100 | [redacted] | 35031840 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10101 | [redacted] | 35031848 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10101 | [redacted] | 35031849 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10102 | [redacted] | 35031857 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10102 | [redacted] | 35031858 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10103 | [redacted] | 35031895 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10103 | [redacted] | 35031896 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10103 | [redacted] | 35031897 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10104 | [redacted] | 35031908 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10104 | [redacted] | 35031909 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10105 | [redacted] | 35031916 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10105 | [redacted] | 35031917 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10106 | [redacted] | 35031941 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10106 | [redacted] | 35031942 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10106 | [redacted] | 35031943 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10107 | [redacted] | 35031945 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10107 | [redacted] | 35031946 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10108 | [redacted] | 35031949 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10108 | [redacted] | 35031950 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10109 | [redacted] | 35031953 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10109 | [redacted] | 35031954 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10110 | [redacted] | 35031957 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10110 | [redacted] | 35031958 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10110 | [redacted] | 35031959 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10111 | [redacted] | 35031961 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10111 | [redacted] | 35031962 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10111 | [redacted] | 35031963 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10111 | [redacted] | 35031966 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-24): seller accepts; no change to grading. |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | B | B | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10112 | [redacted] | 35031977 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10112 | [redacted] | 35031978 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10113 | [redacted] | 35031981 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | ND | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10113 | [redacted] | 35031982 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | ND | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10113 | [redacted] | 35031983 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | ND | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10114 | [redacted] | 35031989 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10114 | [redacted] | 35031990 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10114 | [redacted] | 35031991 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): ERRONEOUS EXCEPTION: Renewal HOI policy is only required on first mortgage. Not CES |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10115 | [redacted] | 35031993 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10115 | [redacted] | 35031994 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10115 | [redacted] | 35031995 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10116 | [redacted] | 35031997 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10116 | [redacted] | 35031998 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10116 | [redacted] | 35031999 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10117 | [redacted] | 35032009 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10117 | [redacted] | 35032010 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10117 | [redacted] | 35032011 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10118 | [redacted] | 35032013 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10118 | [redacted] | 35032014 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10119 | [redacted] | 35032018 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10119 | [redacted] | 35032019 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10120 | [redacted] | 35032023 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | OK | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10120 | [redacted] | 35032024 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | OK | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10120 | [redacted] | 35032025 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10121 | [redacted] | 35032034 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10121 | [redacted] | 35032035 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | D | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10121 | [redacted] | 35032036 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10121 | [redacted] | 35032038 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10121 | [redacted] | 35032039 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10121 | [redacted] | 35032040 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10121 | [redacted] | 35032041 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10121 | [redacted] | 35032042 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | Please provide the appraisal invoice breaking out the appraisal and appraisal management fees for consideration. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10121 | [redacted] | 35032043 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10121 | [redacted] | 35032045 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | QM Points and Fees [redacted] | Qualified Mortgage (Dodd Frank [redacted]): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). | Please provide the appraisal invoice breaking out the appraisal and appraisal management fees for consideration. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10121 | [redacted] | 35032046 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Loan designation failure due to QM failure. This exception will be cleared when all QM related exceptions are cleared. | Reviewer Comment (2025-10-28): Received appraisal invoice breaking out the appraisal management and appraisal fees. Exception cleared. Buyer Comment (2025-10-28): Please see the attached appraisal invoice with breakdown. |
10/28/2025 | No | 1 | B | A | C | A | B | A | C | A | B | A | AL | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10122 | [redacted] | 35032047 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10122 | [redacted] | 35032048 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10122 | [redacted] | 35032049 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10123 | [redacted] | 35032051 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10123 | [redacted] | 35032052 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10124 | [redacted] | 35032066 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10124 | [redacted] | 35032067 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10124 | [redacted] | 35032068 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10124 | [redacted] | 35032070 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file was missing evidence of the social security income for the borrower. Please provide the documentation that was obtained to support the $[redacted] a month considered in qualifying. Income will be reviewed/calculated upon receipt of the documentation. | Reviewer Comment (2025-10-27): Bank statements were provided to confirm SSI earnings. Exception cleared. Buyer Comment (2025-10-27): Please see attached, Bank statement in B1s name confirming a deposit of $[redacted] in SSA income. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10125 | [redacted] | 35032075 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10125 | [redacted] | 35032076 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10125 | [redacted] | 35032077 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | IN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10126 | [redacted] | 35032085 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10126 | [redacted] | 35032086 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | UT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10126 | [redacted] | 35032087 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | UT | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10127 | [redacted] | 35032089 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10127 | [redacted] | 35032090 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10127 | [redacted] | 35032091 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10128 | [redacted] | 35032097 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10128 | [redacted] | 35032098 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | D | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10128 | [redacted] | 35032099 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10129 | [redacted] | 35032105 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10129 | [redacted] | 35032106 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10130 | [redacted] | 35032110 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10130 | [redacted] | 35032111 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10131 | [redacted] | 35032120 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10131 | [redacted] | 35032121 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NC | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10131 | [redacted] | 35032122 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10132 | [redacted] | 35032172 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10132 | [redacted] | 35032173 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NY | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10132 | [redacted] | 35032176 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-27): seller accepts; no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | B | B | D | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10132 | [redacted] | 35032177 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The third-party verification for the borrower's 1120S was not timestamped. Please provide evidence of when this was obtained by the lender for review. | Reviewer Comment (2025-10-27): Timestamped third party was provided to confirm document was obtained within [redacted] days of note date. Exception cleared. Buyer Comment (2025-10-27): Please see the attached evidence of when the proof was obtained ([redacted]) |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | D | B | C | A | B | B | D | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10133 | [redacted] | 35032182 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10133 | [redacted] | 35032183 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10133 | [redacted] | 35032186 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-24): Seller acknowledges the exception, no change to grading. |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10134 | [redacted] | 35032205 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10134 | [redacted] | 35032206 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10134 | [redacted] | 35032207 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10135 | [redacted] | 35032209 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10135 | [redacted] | 35032210 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10135 | [redacted] | 35032211 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10136 | [redacted] | 35032213 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10136 | [redacted] | 35032214 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | OR | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10136 | [redacted] | 35032217 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The [redacted] W2 in the file was blank. Please provide the W2 or equivalent [redacted] income documentation for review. | Reviewer Comment (2025-10-27): [redacted] W-[redacted] was provided to satisfy exception. Exception cleared Buyer Comment (2025-10-24): Please see attached |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10137 | [redacted] | 35032228 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10137 | [redacted] | 35032229 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10137 | [redacted] | 35032230 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10138 | [redacted] | 35032233 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10138 | [redacted] | 35032234 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10139 | [redacted] | 35032237 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10139 | [redacted] | 35032238 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10139 | [redacted] | 35032239 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10139 | [redacted] | 35032241 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | HOA Dues were not documented or included in qualifying and the AVM reflects the HOA indicator as Yes. Please provide evidence the property is not subject to HOA Dues. | Reviewer Comment (2025-10-27): Received Property Report reflecting as Single Family with no HOA dues. Exception Cleared. Buyer Comment (2025-10-24): Please see the attachment verifying home is a single family and no hoa dues. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10140 | [redacted] | 35032251 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10140 | [redacted] | 35032252 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10140 | [redacted] | 35032253 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10141 | [redacted] | 35032255 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10141 | [redacted] | 35032256 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10141 | [redacted] | 35032257 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10142 | [redacted] | 35032263 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10142 | [redacted] | 35032264 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10142 | [redacted] | 35032265 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10143 | [redacted] | 35032267 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10143 | [redacted] | 35032268 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10143 | [redacted] | 35032269 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10144 | [redacted] | 35032274 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10144 | [redacted] | 35032275 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10145 | [redacted] | 35032276 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10145 | [redacted] | 35032277 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10146 | [redacted] | 35032284 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10146 | [redacted] | 35032285 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10146 | [redacted] | 35032286 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10147 | [redacted] | 35032297 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/23/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10147 | [redacted] | 35032298 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AL | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10148 | [redacted] | 35032301 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10148 | [redacted] | 35032302 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10148 | [redacted] | 35032305 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-10-27): Seller acknowledges the exception, no change to grading. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10149 | [redacted] | 35032306 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10149 | [redacted] | 35032307 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10149 | [redacted] | 35032308 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10150 | [redacted] | 35032310 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10150 | [redacted] | 35032311 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10150 | [redacted] | 35032312 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10151 | [redacted] | 35032334 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, no change to grading. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10151 | [redacted] | 35032335 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10151 | [redacted] | 35032336 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10152 | [redacted] | 35032351 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10152 | [redacted] | 35032352 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10153 | [redacted] | 35032363 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MT | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10153 | [redacted] | 35032364 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MT | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10153 | [redacted] | 35032367 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-10-27): Seller acknowledges exception, no change in grading |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MT | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10154 | [redacted] | 35032368 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | WA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10154 | [redacted] | 35032369 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10155 | [redacted] | 35032372 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10155 | [redacted] | 35032373 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10155 | [redacted] | 35032374 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10156 | [redacted] | 35032376 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10156 | [redacted] | 35032377 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | ID | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10157 | [redacted] | 35032393 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10157 | [redacted] | 35032394 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10158 | [redacted] | 35032400 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10158 | [redacted] | 35032401 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10159 | [redacted] | 35032406 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10159 | [redacted] | 35032407 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10160 | [redacted] | 35032413 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10160 | [redacted] | 35032414 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10161 | [redacted] | 35032417 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10161 | [redacted] | 35032418 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10162 | [redacted] | 35032426 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10162 | [redacted] | 35032427 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10163 | [redacted] | 35032450 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10163 | [redacted] | 35032451 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10163 | [redacted] | 35032452 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10164 | [redacted] | 35032466 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10164 | [redacted] | 35032467 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10164 | [redacted] | 35032470 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Loan designation failure due to QM failure. This exception will be cleared when all other QM related exceptions are cleared. | Reviewer Comment (2025-10-29): Received third party verification as per guidelines. Exception cleared. Buyer Comment (2025-10-28): Please see the attached proof of self-employment that was uploaded that shows its for a business. |
10/29/2025 | No | 1 | B | A | C | A | B | A | C | A | B | A | NC | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10164 | [redacted] | 35032471 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Employment - Schedule C | General QM: Unable to verify current [redacted] status using reasonably reliable third-party records. | The file was missing the third party verification for the borrower' business. Please provide evidence of the third party verification for the business obtained within [redacted] days of the Note date for review. | Reviewer Comment (2025-10-29): Received third party verification as per guidelines. Exception cleared. Buyer Comment (2025-10-28): Please see the attached proof of self-employment that was uploaded that shows its for a business. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10165 | [redacted] | 35032480 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10165 | [redacted] | 35032481 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10166 | [redacted] | 35032483 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10166 | [redacted] | 35032484 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10167 | [redacted] | 35032494 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10167 | [redacted] | 35032495 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10168 | [redacted] | 35032499 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10168 | [redacted] | 35032500 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10168 | [redacted] | 35032501 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10169 | [redacted] | 35032508 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10169 | [redacted] | 35032509 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NY | Primary | Refinance - Cash-out - Other | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10169 | [redacted] | 35032513 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. | Reviewer Comment (2025-10-31): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Reviewer Comment (2025-10-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Buyer Comment (2025-10-27): This is compliant with regulations, as the [redacted] High-Cost Loan Counseling Disclosure was signed on [redacted]-the same date the [redacted] was disclosed and executed. The application date is determined by when the [redacted] was taken, not by the TRID definition of the [redacted] data point. Page [redacted] contains the signed Intent to Proceed, confirming the borrower did not consent to financing until [redacted], the date the application was taken. Please escalate this for clearance, as there is no material issue |
10/31/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | D | B | A | A | B | B | D | A | Non QM | Non QM | Yes | |||||||||
| [redacted] | 10169 | [redacted] | 35032514 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided within Three Days of Application) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower within [redacted] days of application. | Counseling Disclosure not provided to borrower within [redacted] days of application. | Reviewer Comment (2025-10-28): Initial [redacted] dated [redacted], same day as Counseling Disclosure provided. Buyer Comment (2025-10-27): This is compliant with regulations, as the [redacted] High-Cost Loan Counseling Disclosure was signed on [redacted]-the same date the [redacted] was disclosed and executed. The application date is determined by when the [redacted] was taken, not by the TRID definition of the [redacted] data point. Page [redacted] contains the signed Intent to Proceed, confirming the borrower did not consent to financing until [redacted], the date the application was taken. Please escalate this for clearance, as there is no material issue Reviewer Comment (2025-10-24): Compliance response - The [redacted] Subprime Counseling Disclosure was not provided until [redacted]. Although the initial [redacted] application date is [redacted], there are LE's issued between [redacted] and [redacted]. Please provide information about what occurred during that period of time as the loan would have tested as a Subprime loan. |
10/28/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | NY | Primary | Refinance - Cash-out - Other | No obvious cure | D | B | A | A | B | B | D | A | Non QM | Non QM | No | |||||||||
| [redacted] | 10170 | [redacted] | 35032515 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | ND | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10170 | [redacted] | 35032516 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | ND | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10171 | [redacted] | 35032525 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10171 | [redacted] | 35032526 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10171 | [redacted] | 35032527 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2025-10-27): Seller acknowledges the exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10171 | [redacted] | 35032529 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The HOA Indicator on the AVM indicates the property is subject to HOA dues and none were included in qualifying. Please provide documentation to verify the property is not subject to HOA Dues and verify it is not in a PUD. | Reviewer Comment (2025-10-27): Property Hub confirms subject is not subject to HOA expenses. Exception cleared. Buyer Comment (2025-10-27): Please see attached property report confirming the home to be a SFR and no HOA dues |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10172 | [redacted] | 35032530 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10172 | [redacted] | 35032531 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10172 | [redacted] | 35032532 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10173 | [redacted] | 35032535 | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | The file was missing evidence of the master flood insurance policy for the condo, please provide for review. | Reviewer Comment (2025-10-27): Flood Insurance policy received. Exception cleared. Buyer Comment (2025-10-27): Please see the attached master flood and hazard insurance policies. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10173 | [redacted] | 35032536 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | The file was missing evidence of the master hazard insurance policy for the condo. Please provide for review. | Reviewer Comment (2025-10-27): Master Insurance policy received. Exception cleared. Buyer Comment (2025-10-27): Please see the attached master flood and hazard insurance policies. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10173 | [redacted] | 35032537 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10173 | [redacted] | 35032541 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10174 | [redacted] | 35032542 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10174 | [redacted] | 35032543 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10175 | [redacted] | 35032546 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10175 | [redacted] | 35032547 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10176 | [redacted] | 35032562 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | ME | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10176 | [redacted] | 35032563 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | ME | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10176 | [redacted] | 35032567 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Property acreage of [redacted] exceeds guideline maximum of [redacted] acres. Lender exception provided does not contain appropriate comp factors for a guideline exception. Please provide acceptable credit compensating factors (LTV, DTI, Years on the job, etc.) for review. | The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. | Please apply the following comp factors: [redacted]. FICO [redacted] [redacted]. CLTV: [redacted]% [redacted]. No agricultural activity present |
SitusAMC,Aggregator | Reviewer Comment (2025-10-27): Please apply the following comp factors: [redacted]. CLTV: [redacted]% Reviewer Comment (2025-10-27): Downgrading for following comp factor: [redacted]. CLTV of [redacted]% Buyer Comment (2025-10-27): Please apply the following comp factors: [redacted]. FICO [redacted] [redacted]. CLTV: [redacted]% [redacted]. No agricultural activity present |
10/27/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | ME | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||
| [redacted] | 10177 | [redacted] | 35032572 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10177 | [redacted] | 35032573 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10178 | [redacted] | 35032583 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | MI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10178 | [redacted] | 35032584 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | MI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10178 | [redacted] | 35032585 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10179 | [redacted] | 35032605 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10179 | [redacted] | 35032606 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10179 | [redacted] | 35032609 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file was missing the [redacted]C for the co-borrower, please provide for review. | Reviewer Comment (2025-10-27): 4506C for coborrower was provided to satisfy exception. Exception cleared. Buyer Comment (2025-10-27): Please see executed 4506C for the co-borrower attached |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10180 | [redacted] | 35032613 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10180 | [redacted] | 35032614 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10180 | [redacted] | 35032615 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10181 | [redacted] | 35032623 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10181 | [redacted] | 35032624 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10182 | [redacted] | 35032658 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10182 | [redacted] | 35032659 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10183 | [redacted] | 35032665 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10183 | [redacted] | 35032666 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10184 | [redacted] | 35032673 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10184 | [redacted] | 35032674 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | MD | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10185 | [redacted] | 35032681 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10185 | [redacted] | 35032682 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10185 | [redacted] | 35032686 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Buyer Comment (2025-10-29): Seller acknowledges the exception, no change to grading. Reviewer Comment (2025-10-27): Loan is [redacted] Subprime Compliant. |
10/29/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10185 | [redacted] | 35032687 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within [redacted] days of application. | Counseling disclosure was provided on [redacted] | Buyer Comment (2025-10-29): Seller acknowledges the exception, no change to grading. |
10/29/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||
| [redacted] | 10186 | [redacted] | 35032698 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10186 | [redacted] | 35032699 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10187 | [redacted] | 35032706 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10187 | [redacted] | 35032707 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10188 | [redacted] | 35032715 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10188 | [redacted] | 35032716 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10189 | [redacted] | 35032719 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10189 | [redacted] | 35032720 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10190 | [redacted] | 35032722 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10190 | [redacted] | 35032723 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10191 | [redacted] | 35032732 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10191 | [redacted] | 35032733 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10191 | [redacted] | 35032734 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10192 | [redacted] | 35032748 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10192 | [redacted] | 35032749 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10193 | [redacted] | 35032772 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10193 | [redacted] | 35032773 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10194 | [redacted] | 35032777 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NE | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10194 | [redacted] | 35032778 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NE | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10195 | [redacted] | 35032785 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10195 | [redacted] | 35032786 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10196 | [redacted] | 35032804 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10196 | [redacted] | 35032805 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10197 | [redacted] | 35032810 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10197 | [redacted] | 35032811 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10198 | [redacted] | 35032813 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10198 | [redacted] | 35032814 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10198 | [redacted] | 35032815 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, no change to grading. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10199 | [redacted] | 35032818 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10199 | [redacted] | 35032819 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | ID | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10200 | [redacted] | 35032829 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10200 | [redacted] | 35032830 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10201 | [redacted] | 35032832 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10201 | [redacted] | 35032833 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NY | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10201 | [redacted] | 35032836 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The internet business entity search for the co-borrower's S-Corp was not timestamped. Please provide evidence of when the verification was obtained. | Reviewer Comment (2025-10-29): Received evidence of the date the verification was obtained. Exception cleared. Buyer Comment (2025-10-28): Please see the attached voe with timestamp. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | D | A | C | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10202 | [redacted] | 35032838 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10202 | [redacted] | 35032839 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10203 | [redacted] | 35032851 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10203 | [redacted] | 35032852 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | IA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10204 | [redacted] | 35032856 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10204 | [redacted] | 35032857 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AL | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10205 | [redacted] | 35032870 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10205 | [redacted] | 35032871 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10206 | [redacted] | 35032879 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10206 | [redacted] | 35032880 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10207 | [redacted] | 35032904 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10207 | [redacted] | 35032905 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10207 | [redacted] | 35032906 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10208 | [redacted] | 35032912 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10208 | [redacted] | 35032913 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10209 | [redacted] | 35032917 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10209 | [redacted] | 35032918 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10210 | [redacted] | 35032930 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10210 | [redacted] | 35032931 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10211 | [redacted] | 35032962 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. | Reviewer Comment (2025-10-31): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Buyer Comment (2025-10-28): Please be advised that the loan was not considered [redacted] Subprime until [redacted] when the disclosure was provided to the borrower in a timely manner. Initial CD APR of [redacted]% and Loan Estimate APR of [redacted]% did not exceed. This loan is compliant. |
No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10211 | [redacted] | 35032957 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10211 | [redacted] | 35032958 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-31): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/31/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10211 | [redacted] | 35032963 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided within Three Days of Application) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower within [redacted] days of application. | Counseling Disclosure not provided to borrower within [redacted] days of application. Per [redacted] Compliance, [redacted] Subprime exceptions cannot be downgraded because disclosure does not meet timing. | Reviewer Comment (2025-10-31): Loan did not become a [redacted] Subprime until [redacted] which is when the APR exceeded the [redacted] Subprime rate threshold. Counseling Disclosure provided on the same day. Exception cleared. Buyer Comment (2025-10-28): Please be advised that the loan was not considered [redacted] Subprime until [redacted] when the disclosure was provided to the borrower in a timely manner. Initial CD APR of [redacted]% and Loan Estimate APR of [redacted]% did not exceed. This loan is compliant. |
10/31/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | NY | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||
| [redacted] | 10212 | [redacted] | 35032964 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10212 | [redacted] | 35032965 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10212 | [redacted] | 35032966 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10213 | [redacted] | 35032973 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10213 | [redacted] | 35032974 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | PA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10214 | [redacted] | 35032984 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10214 | [redacted] | 35032985 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10215 | [redacted] | 35032987 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/30/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10215 | [redacted] | 35032988 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/30/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | ID | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10215 | [redacted] | 35032989 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Seller acknowledges exception, no change to grading. |
10/30/2025 | No | 2 | A | A | A | A | A | A | B | B | ID | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10216 | [redacted] | 35032999 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10216 | [redacted] | 35033000 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10217 | [redacted] | 35033007 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10217 | [redacted] | 35033008 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | WA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10218 | [redacted] | 35033010 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10218 | [redacted] | 35033011 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10219 | [redacted] | 35033018 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10219 | [redacted] | 35033019 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10219 | [redacted] | 35033020 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10220 | [redacted] | 35033022 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10220 | [redacted] | 35033023 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-29): Seller acknowledges exception, no change to grading. Reviewer Comment (2025-10-29): Re-opened to waive versus override exception. Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/29/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | D | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10220 | [redacted] | 35033024 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10220 | [redacted] | 35033027 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Exception is result of Appraisal invoice not breaking down Appraiser Fee and [redacted] fee. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10220 | [redacted] | 35033028 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Exception is result of Appraisal invoice not breaking down Appraiser Fee and [redacted] fee. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10220 | [redacted] | 35033029 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10220 | [redacted] | 35033030 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10220 | [redacted] | 35033031 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10220 | [redacted] | 35033032 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | QM Points and Fees [redacted] | Qualified Mortgage (Dodd Frank [redacted]): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10220 | [redacted] | 35033033 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Exception is result of Appraisal invoice not breaking down Appraiser Fee and [redacted] fee. | Reviewer Comment (2025-10-29): Received the additional appraisal invoice verifying the affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2025-10-28): Please see attached appraisal invoice breaking out the [redacted] fee for correct testing. Please review. |
10/29/2025 | No | 1 | B | A | C | A | B | A | C | A | B | A | MO | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | D | B | A | A | C | A | D | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10221 | [redacted] | 35033038 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10221 | [redacted] | 35033039 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10222 | [redacted] | 35033042 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10222 | [redacted] | 35033043 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10222 | [redacted] | 35033044 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10223 | [redacted] | 35033046 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 10/27/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10223 | [redacted] | 35033047 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-10-27): Seller acknowledges exception, secondary valuation not required per product guidelines. |
10/27/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10223 | [redacted] | 35033048 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-27): Seller acknowledges exception, no change to grading. |
10/27/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10224 | [redacted] | 35267135 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10224 | [redacted] | 35267136 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10224 | [redacted] | 35267137 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10225 | [redacted] | 35267146 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/24/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10225 | [redacted] | 35267147 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/24/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10226 | [redacted] | 35267152 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10226 | [redacted] | 35267153 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10227 | [redacted] | 35267186 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10227 | [redacted] | 35267187 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10228 | [redacted] | 35267201 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10228 | [redacted] | 35267202 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10228 | [redacted] | 35267203 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10229 | [redacted] | 35267236 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided within Three Days of Application) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower within [redacted] days of application. | Counseling Disclosure was provided [redacted]. | Reviewer Comment (2025-12-05): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Buyer Comment (2025-12-02): Statute [redacted] [redacted] § [redacted], which requires the counseling disclosure within [redacted] days of application went into effect prior to the CFPB defining the application date as the colelction of the [redacted] data points. Thus the 'application' date in the state statute refers to the [redacted] date. The counseling disclosure meets the requirements as it was disclosed within [redacted] days of the application. Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10229 | [redacted] | 35267230 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10229 | [redacted] | 35267231 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10229 | [redacted] | 35267235 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
11/28/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10230 | [redacted] | 35267237 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10230 | [redacted] | 35267238 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10230 | [redacted] | 35267239 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10230 | [redacted] | 35267241 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section[redacted]: The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 11/28/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10231 | [redacted] | 35267242 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10231 | [redacted] | 35267243 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10232 | [redacted] | 35267250 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10232 | [redacted] | 35267251 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10232 | [redacted] | 35267252 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10232 | [redacted] | 35267253 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10233 | [redacted] | 35267271 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10233 | [redacted] | 35267272 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10234 | [redacted] | 35267273 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10234 | [redacted] | 35267274 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10234 | [redacted] | 35267278 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10235 | [redacted] | 35267315 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/24/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10235 | [redacted] | 35267316 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/24/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10235 | [redacted] | 35267319 | Compliance | Compliance | State Compliance | State HPML | (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Loan. | Buyer Comment (2025-11-25): Seller acknowledges exception, no change in grading |
11/25/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OK | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10236 | [redacted] | 35267332 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10236 | [redacted] | 35267333 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10236 | [redacted] | 35267336 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | Please provide the third party verification from [redacted] dated [redacted] as reflected on the [redacted] VVOE. | Reviewer Comment (2025-12-03): Received Most recent Third-Party Verification document. Exception Cleared. Buyer Comment (2025-12-02): Please see attached VOE confirming employment, |
12/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10237 | [redacted] | 35267337 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10237 | [redacted] | 35267338 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10237 | [redacted] | 35267339 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10238 | [redacted] | 35267346 | Compliance | Compliance | State Compliance | Compliance | [redacted] Day [redacted] has been discontinued effective [redacted] [redacted], [redacted]. Most recent available index value used for bona fide discount point testing. | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10238 | [redacted] | 35267347 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10238 | [redacted] | 35267348 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10239 | [redacted] | 35267351 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10239 | [redacted] | 35267352 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10240 | [redacted] | 35267370 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10240 | [redacted] | 35267371 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10240 | [redacted] | 35267372 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10241 | [redacted] | 35267386 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10241 | [redacted] | 35267387 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10241 | [redacted] | 35267388 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10242 | [redacted] | 35267411 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10242 | [redacted] | 35267412 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | OK | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10242 | [redacted] | 35267416 | Compliance | Compliance | State Compliance | State HPML | (State HPML) Oklahoma Higher-Priced Mortgage Loan (APR Exceeds HPML Threshold) | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OK | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10243 | [redacted] | 35267435 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10243 | [redacted] | 35267436 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10243 | [redacted] | 35267437 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10244 | [redacted] | 35267440 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10244 | [redacted] | 35267441 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10244 | [redacted] | 35267445 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
11/28/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10244 | [redacted] | 35267446 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within [redacted] days of application. | Counseling disclosure was provided on [redacted] | Buyer Comment (2025-12-02): Seller acknowledges the exception, no change to grading. Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
12/02/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| [redacted] | 10244 | [redacted] | 35267447 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | The file is missing the verbal verification of employment obtained within [redacted] business days of closing. | Reviewer Comment (2025-12-03): Received future dated VVOE so considered Note dated as document date to clear the Exception. Exception cleared. Buyer Comment (2025-12-03): Please see attached VOE confirming the borrower is actively employed. |
12/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10244 | [redacted] | 35267448 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing the HOA dues documentation for the subject property. Please provide for review. | Reviewer Comment (2025-12-03): Received revised [redacted] & [redacted] confirming No HOA dues for the subject property. Exception Cleared Buyer Comment (2025-12-03): Please see attached updated [redacted] and [redacted] Reviewer Comment (2025-12-02): Please provide updated [redacted] & [redacted] with no HOA dues. Exception remains. Buyer Comment (2025-12-02): Please see attached property report confirming there are no HOA dues. Note that the change to the DTI does not constitute the need for any additional/updated documenation as there is not a material change to the DTI. Further note that the property address is in the URL. |
12/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10245 | [redacted] | 35267450 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10245 | [redacted] | 35267451 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10246 | [redacted] | 35267457 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10246 | [redacted] | 35267458 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10247 | [redacted] | 35267468 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10247 | [redacted] | 35267469 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10248 | [redacted] | 35267478 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10248 | [redacted] | 35267479 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10248 | [redacted] | 35267480 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10249 | [redacted] | 35267483 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10249 | [redacted] | 35267487 | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) New York Subprime Loan (Escrow Not Established) | [redacted] Subprime Loan: Mandatory escrow account not established for the collection of property taxes and insurance. (Note: Does not apply to a subordinate lien when the taxes and insurance are escrowed through another home loan. It also does not apply if the borrower can demonstrate a record of [redacted] months of timely payments of taxes and insurance on a previous home loan.) | Please provide a recent mortgage statement or equivalent documentation to verify taxes and insurance were included in the senior lien. | Reviewer Comment (2025-12-04): The senior lien has been confirmed as escrowed. Exception cleared. Buyer Comment (2025-12-02): Please see the attached document |
12/04/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10249 | [redacted] | 35267488 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | This will be reviewed once documentation is received verifying taxes and insurance were included in the senior lien. | Reviewer Comment (2025-12-05): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Reviewer Comment (2025-12-05): Regraded to EV1-B based on client override request. Reviewer Comment (2025-12-04): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. Buyer Comment (2025-12-02): Please see attached document |
12/05/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | C | B | C | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10249 | [redacted] | 35267489 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within [redacted] days of application. | The disclosure was provided within [redacted] business days. This exception will be waived once loan has obtained a status of Compliant [redacted] Subprime loan. | Reviewer Comment (2025-12-05): Cleared in error. Disclosure provided within [redacted] days. Exception to remain an EV2-B. Reviewer Comment (2025-12-05): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Buyer Comment (2025-12-02): Please see page [redacted] of the loan file. This was provided within [redacted] days of application. |
12/05/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | C | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||
| [redacted] | 10249 | [redacted] | 35267490 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Please provide a mortgage statement or equivalent documentation to verify the senior lien P&I payment in the monthly amount of $[redacted]. | Reviewer Comment (2025-12-03): Received Mortgage statement for senior lien P&I payment. Exception cleared. Buyer Comment (2025-12-02): Please see attached, Mortgage statement has requested |
12/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10250 | [redacted] | 35267491 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10250 | [redacted] | 35267492 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10250 | [redacted] | 35267495 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change in grading |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10251 | [redacted] | 35267510 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10251 | [redacted] | 35267511 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10252 | [redacted] | 35267519 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10252 | [redacted] | 35267520 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10253 | [redacted] | 35267530 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10253 | [redacted] | 35267531 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10254 | [redacted] | 35267537 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10254 | [redacted] | 35267539 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10254 | [redacted] | 35267540 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10255 | [redacted] | 35267549 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10255 | [redacted] | 35267550 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10255 | [redacted] | 35267555 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The third-party verification of employment for the borrower's [redacted] was not time stamped. Please provide evidence of when the lender obtained the verification for review. | Reviewer Comment (2025-12-03): Client provided third party verification with date and time stamp, exception cleared. Buyer Comment (2025-12-01): Please see the attached timestamp. |
12/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10256 | [redacted] | 35267589 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) | [redacted] Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within [redacted] days of application. | Counseling Disclosure was provided [redacted]. | Reviewer Comment (2025-12-05): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Buyer Comment (2025-12-02): The disclosure provided on [redacted] is within [redacted] business days of application. Please clarify Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10256 | [redacted] | 35267583 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10256 | [redacted] | 35267584 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10256 | [redacted] | 35267588 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-11-28): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. |
11/28/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10257 | [redacted] | 35267608 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10257 | [redacted] | 35267609 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10258 | [redacted] | 35267622 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10258 | [redacted] | 35267623 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10258 | [redacted] | 35267627 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]% Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change in grading |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Refinance - Cash-out - Other | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10259 | [redacted] | 35267628 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OH | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10259 | [redacted] | 35267629 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | OH | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10260 | [redacted] | 35267632 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10260 | [redacted] | 35267633 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10260 | [redacted] | 35267635 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10261 | [redacted] | 35267650 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10261 | [redacted] | 35267651 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10262 | [redacted] | 35267667 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10262 | [redacted] | 35267668 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10263 | [redacted] | 35267674 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10263 | [redacted] | 35267675 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10263 | [redacted] | 35267676 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10264 | [redacted] | 35267678 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10264 | [redacted] | 35267679 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10264 | [redacted] | 35267683 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The [redacted] W2 provided for the borrower disclose wages that does not support the monthly average income for the wages provided for YTD. Please provide updated W2 with complete wages earned by the borrower in [redacted] with current employer or documentation to support the lower earnings. The income may be subject to recalculation which may cause a difference in DTI. | Reviewer Comment (2025-12-05): Explanation confirms low W-[redacted] earnings due to disability leave confirmed by employer in [redacted] & [redacted]. Exception cleared. Buyer Comment (2025-12-03): Please see attached confirmation of leave dates, borrower was on leave from [redacted], leave return date confirmed on the VOE from an associated loan, see the VOE attached. |
12/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10265 | [redacted] | 35267696 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10265 | [redacted] | 35267697 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10266 | [redacted] | 35267704 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10266 | [redacted] | 35267705 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10267 | [redacted] | 35267711 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10267 | [redacted] | 35267712 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10267 | [redacted] | 35267713 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10268 | [redacted] | 35267717 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10268 | [redacted] | 35267718 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10269 | [redacted] | 35267722 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10269 | [redacted] | 35267723 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10270 | [redacted] | 35267727 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | HI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10270 | [redacted] | 35267728 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | HI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10270 | [redacted] | 35267731 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change in grading |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10271 | [redacted] | 35267750 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10271 | [redacted] | 35267751 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10272 | [redacted] | 35267760 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). | Loan designation failure due to rate set date. The date considered by the lender was not documented in the file. Please provide evidence of the relock that occurred on [redacted]. | Reviewer Comment (2025-12-05): Client confirmed relock on [redacted]. Loan designation testing confirms HPQM. Exception cleared. Buyer Comment (2025-12-03): Please see the attached confirmation the rate changed for the last time on [redacted]. |
12/05/2025 | No | 1 | B | A | C | A | B | A | C | A | B | A | GA | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | |||||||||
| [redacted] | 10272 | [redacted] | 35267761 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10272 | [redacted] | 35267762 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10273 | [redacted] | 35267766 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10273 | [redacted] | 35267767 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10274 | [redacted] | 35267778 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges the exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | IN | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10274 | [redacted] | 35267779 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10274 | [redacted] | 35267780 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10275 | [redacted] | 35267781 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10275 | [redacted] | 35267782 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10275 | [redacted] | 35267783 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10276 | [redacted] | 35267785 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10276 | [redacted] | 35267786 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||
| [redacted] | 10276 | [redacted] | 35267787 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10277 | [redacted] | 35267790 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10277 | [redacted] | 35267791 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10278 | [redacted] | 35267811 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10278 | [redacted] | 35267812 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10279 | [redacted] | 35267826 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10279 | [redacted] | 35267827 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10280 | [redacted] | 35267851 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10280 | [redacted] | 35267852 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10280 | [redacted] | 35267853 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10280 | [redacted] | 35267854 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Security Instrument Error: County was not provided | The Security Instrument reflects the county as [redacted] versus [redacted]. Please provide a corrected page [redacted] reflecting the county as [redacted] and an intent to re-record. | Reviewer Comment (2025-12-08): Per client rebuttal, they are aware the county as reflected on page [redacted] of the mortgage is incorrect. It is noted the Security instrument has already been recorded, the county was correct on the legal description attachment, and the county accepted it. Exception cleared. Buyer Comment (2025-12-05): The lien is enforced based on the legal descpription. Page [redacted] of the mortgage confirms the proper county of [redacted]. The typo in the body of the mortgage does not need to be updated so long as it doesnt impact the enforcability. |
12/08/2025 | No | 1 | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| [redacted] | 10281 | [redacted] | 35267860 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10281 | [redacted] | 35267861 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10282 | [redacted] | 35267866 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10282 | [redacted] | 35267867 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10283 | [redacted] | 35267903 | Compliance | Compliance | State Compliance | Compliance | [redacted] Day [redacted] has been discontinued effective [redacted] [redacted], [redacted]. Most recent available index value used for bona fide discount point testing. | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10283 | [redacted] | 35267904 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10283 | [redacted] | 35267905 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10284 | [redacted] | 35267908 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10284 | [redacted] | 35267909 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10284 | [redacted] | 35267912 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2025-12-03): seller accepts; no change to grading. |
12/03/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10284 | [redacted] | 35267913 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2025-12-03): seller accepts; no change to grading. |
12/03/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10285 | [redacted] | 35267928 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10285 | [redacted] | 35267929 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10286 | [redacted] | 35267939 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10286 | [redacted] | 35267940 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10287 | [redacted] | 35267945 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10287 | [redacted] | 35267946 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10288 | [redacted] | 35267949 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10288 | [redacted] | 35267950 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10288 | [redacted] | 35267951 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10289 | [redacted] | 35267953 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10289 | [redacted] | 35267954 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10289 | [redacted] | 35267955 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10290 | [redacted] | 35267962 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10290 | [redacted] | 35267963 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10291 | [redacted] | 35267976 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10291 | [redacted] | 35267977 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10292 | [redacted] | 35267983 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10292 | [redacted] | 35267984 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10293 | [redacted] | 35267985 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10293 | [redacted] | 35267986 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10293 | [redacted] | 35267987 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10294 | [redacted] | 35267990 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10294 | [redacted] | 35267991 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10294 | [redacted] | 35267992 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10295 | [redacted] | 35268028 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10295 | [redacted] | 35268029 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10295 | [redacted] | 35268030 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10296 | [redacted] | 35268037 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10296 | [redacted] | 35268038 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10296 | [redacted] | 35268039 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10296 | [redacted] | 35268041 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]([redacted])([redacted]): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 12/02/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10297 | [redacted] | 35268071 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10297 | [redacted] | 35268072 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10297 | [redacted] | 35268073 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, no change to grading. |
12/02/2025 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10297 | [redacted] | 35268075 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | A VVOE within [redacted] business days was not found in the file. It was noted a WVOE was provided that was within [redacted] business days. Although [redacted] guidelines allow the use of a paystub or bank statement within [redacted] business days as an alternate form of verification, a WVOE is not included as an acceptable alternate form. If client guidelines allow, please provide a copy of the guideline for review. | Reviewer Comment (2025-12-08): Post close VVOE received so Note date considered to clear the exception. Exception cleared. Buyer Comment (2025-12-08): Please see the post close VOE attached confirming active full time employment to remedy, thanks |
12/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10298 | [redacted] | 35268081 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10298 | [redacted] | 35268082 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10299 | [redacted] | 35268096 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10299 | [redacted] | 35268097 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10300 | [redacted] | 35268102 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10300 | [redacted] | 35268103 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10300 | [redacted] | 35268104 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10301 | [redacted] | 35268112 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NE | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10301 | [redacted] | 35268113 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NE | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10302 | [redacted] | 35268120 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10302 | [redacted] | 35268121 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10302 | [redacted] | 35268125 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-01): Loan meets all [redacted] Subprime requirements and is [redacted] Subprime compliant. |
12/01/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | Yes | ||||||||||
| [redacted] | 10303 | [redacted] | 35268135 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]([redacted])([redacted]): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 12/01/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10303 | [redacted] | 35268136 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10303 | [redacted] | 35268137 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10303 | [redacted] | 35268138 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10303 | [redacted] | 35268139 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The verbal verification of employment provided in the file is does not disclose the source used to obtain the employer's phone number and address. Please provide for review. | Reviewer Comment (2025-12-02): Received updated VVOE verifying the source of the employer's telephone number. Exception cleared. Buyer Comment (2025-12-02): Please see the updated voe attachment. |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10304 | [redacted] | 35268140 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10304 | [redacted] | 35268141 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-02): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/02/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10305 | [redacted] | 35268151 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10305 | [redacted] | 35268152 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10305 | [redacted] | 35268153 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10306 | [redacted] | 35268160 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10306 | [redacted] | 35268161 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10307 | [redacted] | 35268165 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10307 | [redacted] | 35268166 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10308 | [redacted] | 35268174 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/01/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10308 | [redacted] | 35268175 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-12-01): Seller acknowledges exception, secondary valuation not required per product guidelines. |
12/01/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10308 | [redacted] | 35268176 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10309 | [redacted] | 35268182 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10309 | [redacted] | 35268183 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10309 | [redacted] | 35268186 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10309 | [redacted] | 35268187 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10310 | [redacted] | 35268200 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10310 | [redacted] | 35268201 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10310 | [redacted] | 35268203 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10311 | [redacted] | 35268204 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10311 | [redacted] | 35268205 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10311 | [redacted] | 35268206 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10311 | [redacted] | 35268208 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]([redacted])([redacted]): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 11/28/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10312 | [redacted] | 35268241 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10312 | [redacted] | 35268242 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10313 | [redacted] | 35268255 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10313 | [redacted] | 35268256 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10313 | [redacted] | 35268257 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10313 | [redacted] | 35268260 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower's [redacted]and [redacted] W2's provided in the file were blank. Please provide the W2's or equivalent documentation for review. | Reviewer Comment (2025-12-05): [redacted] W-[redacted] was provided. Exception cleared. Buyer Comment (2025-12-03): Please see the attached [redacted] W2. Reviewer Comment (2025-12-02): Received [redacted] W-[redacted]. Please provide [redacted] W-[redacted]. Exception remains. Buyer Comment (2025-12-01): Please see attached, w2 with information filled in |
12/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10314 | [redacted] | 35268261 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10314 | [redacted] | 35268262 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | AZ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10315 | [redacted] | 35268266 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10315 | [redacted] | 35268267 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10315 | [redacted] | 35268268 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10316 | [redacted] | 35268282 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10316 | [redacted] | 35268283 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10316 | [redacted] | 35268284 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10317 | [redacted] | 35268292 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10317 | [redacted] | 35268293 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10317 | [redacted] | 35268294 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2025-12-02): Client confirm last rate set date with internal [redacted]printout conforming loan designation of [redacted]. Exception cleared. |
12/02/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10317 | [redacted] | 35268296 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of [redacted]r QM (APOR) does not match Due Diligence Loan Designation of Non QM. | Loan designation failure due to the rate set date. Please provide evidence of the final rate lock event which occurred [redacted]. | Reviewer Comment (2025-12-02): Client confirm last rate set date with internal [redacted]printout conforming loan designation of [redacted]. Exception cleared. Buyer Comment (2025-12-01): Please see the screen shots attached confirming the borrowers credit score increased on [redacted]. This caused pricing adjustments that impacted the rate and caused it to change from [redacted] to [redacted]. The rate lock that occured on [redacted] didnt change and rate didnt not expire until [redacted] |
12/02/2025 | No | 1 | B | A | C | A | B | A | C | A | B | A | GA | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [redacted] | 10317 | [redacted] | 35268297 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | QM (APOR) Threshold Fail | Qualified Mortgage: QM APR on subject loan of [redacted]% is equal to or greater than the threshold of [redacted]%. | Reviewer Comment (2025-12-02): Client confirm last rate set date with internal [redacted]printout conforming loan designation of [redacted]. Exception cleared. Buyer Comment (2025-12-01): Please see the screen shots attached confirming the borrowers credit score increased on [redacted]. This caused pricing adjustments that impacted the rate and caused it to change from [redacted] to [redacted]. The rate lock that occured on [redacted] didnt change and rate didnt not expire until [redacted] |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10318 | [redacted] | 35268300 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10318 | [redacted] | 35268301 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10318 | [redacted] | 35268302 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10318 | [redacted] | 35268303 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | The file was missing evidence of the HOA dues considered for the subject property. Please provide for review. | Reviewer Comment (2025-12-01): HOA document received. Exception cleared. Buyer Comment (2025-12-01): Please see the attached hoa verification. |
12/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10319 | [redacted] | 35268304 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10319 | [redacted] | 35268305 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10320 | [redacted] | 35268319 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10320 | [redacted] | 35268320 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10320 | [redacted] | 35268321 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10321 | [redacted] | 35268323 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10321 | [redacted] | 35268324 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10321 | [redacted] | 35268325 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10322 | [redacted] | 35268343 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10322 | [redacted] | 35268344 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10323 | [redacted] | 35268351 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NE | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10323 | [redacted] | 35268352 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | NE | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| [redacted] | 10323 | [redacted] | 35268355 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-11-26): Seller acknowledges exception, no change in grading |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NE | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10324 | [redacted] | 35268360 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | A | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10324 | [redacted] | 35268361 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | A | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10324 | [redacted] | 35268363 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file is missing evidence of the originator of the existing [redacted] lien that was paid off to [redacted] through closing. Please provide an updated title search that discloses the second lien or origination documents of the prior existing [redacted] lien to determine if the correct Right to Cancel form was provided. | Reviewer Comment (2025-11-28): Received CD indicating the original existing lien holder was [redacted]. Subsequent exception set. This exception cleared. Buyer Comment (2025-11-26): Please see attached CD confirming [redacted] to be the originator of the existing second lien. |
11/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Primary | Refinance - Cash-out - Other | C | B | C | A | A | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10324 | [redacted] | 35268364 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges the exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | A | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||||||||
| [redacted] | 10325 | [redacted] | 35268399 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10325 | [redacted] | 35268400 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10326 | [redacted] | 35268403 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10326 | [redacted] | 35268404 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10327 | [redacted] | 35268407 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10327 | [redacted] | 35268408 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10327 | [redacted] | 35268409 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10328 | [redacted] | 35268422 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10328 | [redacted] | 35268423 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10329 | [redacted] | 35268425 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10329 | [redacted] | 35268426 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10329 | [redacted] | 35268427 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10330 | [redacted] | 35268431 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10330 | [redacted] | 35268432 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10331 | [redacted] | 35268434 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10331 | [redacted] | 35268435 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10332 | [redacted] | 35268444 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10332 | [redacted] | 35268445 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10332 | [redacted] | 35268446 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10333 | [redacted] | 35268448 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MS | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10333 | [redacted] | 35268449 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MS | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10333 | [redacted] | 35268450 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file was missing the borrower's [redacted] W2 or equivalent documentation. Please provide for review. | Reviewer Comment (2025-12-02): Received [redacted] W2. Exception cleared. Buyer Comment (2025-12-01): Please see the [redacted] W2 attached |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MS | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10334 | [redacted] | 35268455 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10334 | [redacted] | 35268456 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10335 | [redacted] | 35268457 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10335 | [redacted] | 35268458 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10335 | [redacted] | 35268459 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10336 | [redacted] | 35268472 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10336 | [redacted] | 35268473 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10337 | [redacted] | 35268478 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10337 | [redacted] | 35268479 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10337 | [redacted] | 35268480 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10338 | [redacted] | 35268510 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10338 | [redacted] | 35268511 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10339 | [redacted] | 35268513 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10339 | [redacted] | 35268514 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10339 | [redacted] | 35268515 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10340 | [redacted] | 35268533 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10340 | [redacted] | 35268534 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10340 | [redacted] | 35268535 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10341 | [redacted] | 35268544 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10341 | [redacted] | 35268545 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10342 | [redacted] | 35268554 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 12/02/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10342 | [redacted] | 35268558 | Compliance | Compliance | State Compliance | State HPML | [redacted] Subprime Home Loan Threshold Fixed Non-Compliant | [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Non-Compliant SubPrime Loan. | Reviewer Comment (2025-12-02): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan. Reviewer Comment (2025-12-02): Loan satisfies all [redacted] Subprime conditions, and the loan is a Compliant [redacted] Subprime Loan |
12/02/2025 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10343 | [redacted] | 35268571 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10343 | [redacted] | 35268572 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10343 | [redacted] | 35268573 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | DE | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10344 | [redacted] | 35268588 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10344 | [redacted] | 35268589 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10344 | [redacted] | 35268590 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, no change to grading. |
11/28/2025 | No | 2 | A | A | A | A | A | A | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10344 | [redacted] | 35268592 | Compliance | Compliance | State Compliance | State Defect | [redacted] [redacted] [redacted] | [redacted] Predatory Lending Database Program ([redacted] [redacted]) - Certificate of Compliance or Exemption not attached to mortgage for recording. | Reviewer Comment (2025-12-02): Received the [redacted] Certificate of Compliance. Exception cleared. Buyer Comment (2025-12-01): Please see the attached predatory lending cert. |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10345 | [redacted] | 35268604 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10345 | [redacted] | 35268605 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10345 | [redacted] | 35268608 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges the exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10346 | [redacted] | 35268618 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10346 | [redacted] | 35268619 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10346 | [redacted] | 35268622 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): Seller acknowledges exception, no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | UT | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| [redacted] | 10347 | [redacted] | 35268636 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10347 | [redacted] | 35268639 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-28): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/28/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10348 | [redacted] | 35268649 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10348 | [redacted] | 35268650 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10348 | [redacted] | 35268651 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10349 | [redacted] | 35268703 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2025-12-01): seller accepts; no change to grading. |
12/01/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10349 | [redacted] | 35268704 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10349 | [redacted] | 35268705 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10349 | [redacted] | 35268706 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10350 | [redacted] | 35268736 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10350 | [redacted] | 35268737 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10350 | [redacted] | 35268738 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10351 | [redacted] | 35268740 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10351 | [redacted] | 35268741 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10352 | [redacted] | 35268749 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10352 | [redacted] | 35268750 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10353 | [redacted] | 35268754 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10353 | [redacted] | 35268755 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NM | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10354 | [redacted] | 35268771 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10354 | [redacted] | 35268772 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10355 | [redacted] | 35268782 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10355 | [redacted] | 35268783 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10356 | [redacted] | 35268786 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10356 | [redacted] | 35268787 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10356 | [redacted] | 35268788 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | SC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10357 | [redacted] | 35268798 | Compliance | Compliance | State Compliance | Compliance | [redacted]Day [redacted] has been discontinued effective [redacted]. Most recent available index value used for bona fide discount point testing. | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10357 | [redacted] | 35268799 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10357 | [redacted] | 35268800 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10357 | [redacted] | 35268801 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10358 | [redacted] | 35268823 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10358 | [redacted] | 35268824 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10359 | [redacted] | 35268825 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10359 | [redacted] | 35268826 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10359 | [redacted] | 35268827 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10360 | [redacted] | 35268829 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10360 | [redacted] | 35268830 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10360 | [redacted] | 35268831 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10361 | [redacted] | 35268837 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10361 | [redacted] | 35268838 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10362 | [redacted] | 35268848 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10362 | [redacted] | 35268849 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10362 | [redacted] | 35268850 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10363 | [redacted] | 35268858 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10363 | [redacted] | 35268859 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10364 | [redacted] | 35268863 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10364 | [redacted] | 35268864 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10364 | [redacted] | 35268865 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10365 | [redacted] | 35268899 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10365 | [redacted] | 35268900 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10365 | [redacted] | 35268901 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10366 | [redacted] | 35268917 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/26/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10366 | [redacted] | 35268918 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10366 | [redacted] | 35268919 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10367 | [redacted] | 35268932 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/28/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10367 | [redacted] | 35268933 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10367 | [redacted] | 35268934 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-26): Seller acknowledges exception, no change to grading. |
11/26/2025 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10368 | [redacted] | 35268937 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10368 | [redacted] | 35268938 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10368 | [redacted] | 35268939 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | IN | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10369 | [redacted] | 35268956 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10369 | [redacted] | 35268957 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10369 | [redacted] | 35268958 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10370 | [redacted] | 35268963 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10370 | [redacted] | 35268964 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||||
| [redacted] | 10370 | [redacted] | 35268965 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10371 | [redacted] | 35268980 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | KS | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10371 | [redacted] | 35268981 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | KS | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10371 | [redacted] | 35268982 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | KS | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10372 | [redacted] | 35268985 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10372 | [redacted] | 35268986 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||||
| [redacted] | 10372 | [redacted] | 35268987 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10373 | [redacted] | 35268999 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10373 | [redacted] | 35269000 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 2 | N/A | N/A | A | A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||||
| [redacted] | 10374 | [redacted] | 35269017 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10374 | [redacted] | 35269018 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10374 | [redacted] | 35269019 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10375 | [redacted] | 35269021 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-25): Seller acknowledges exception, no change to grading. |
11/25/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10375 | [redacted] | 35269022 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2025-11-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
11/25/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10375 | [redacted] | 35269023 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 11/25/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10376 | [redacted] | 36049614 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10376 | [redacted] | 36049615 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10377 | [redacted] | 36049637 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10377 | [redacted] | 36049638 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10377 | [redacted] | 36049639 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10378 | [redacted] | 36049641 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10378 | [redacted] | 36049642 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-03): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/03/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10378 | [redacted] | 36049646 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-04): Seller acknowledges exception, no change in grading |
02/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10379 | [redacted] | 36049647 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-03): Seller acknowledges exception, no change to grading. |
02/03/2026 | No | 2 | A | A | A | A | A | A | B | B | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10379 | [redacted] | 36049648 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-03): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/03/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10379 | [redacted] | 36049649 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/03/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10379 | [redacted] | 36049653 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Please provide the co-borrower's SSI Award Letter or equivalent documentation to verify monthly income in the amount of $[redacted]as utilized in qualifying. | Reviewer Comment (2026-02-06): [redacted] SSI award letter was provided to confirm benefit amount. Exception cleared. Buyer Comment (2026-02-04): Please see the attached SSI documentation, SSI was grossed up within the allowable limits based off just this document to result in qualifying amount of [redacted]. |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10380 | [redacted] | 36049654 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10380 | [redacted] | 36049655 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10380 | [redacted] | 36049656 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10381 | [redacted] | 36049667 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10381 | [redacted] | 36049668 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10381 | [redacted] | 36049669 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10382 | [redacted] | 36049672 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10382 | [redacted] | 36049673 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10383 | [redacted] | 36049694 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10383 | [redacted] | 36049695 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10383 | [redacted] | 36049696 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10384 | [redacted] | 36049699 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The HOA indicator on the AVM reflects yes, however, no HOA dues were considered in qualifying. Please provide evidence that the property is not subject to HOA dues for review. | Reviewer Comment (2026-02-09): Received HOA document for subject property confirming that no HOA dues. Exception cleared. Buyer Comment (2026-02-09): Please see the attached hoa verification from [redacted]. |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10384 | [redacted] | 36049700 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10384 | [redacted] | 36049701 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10384 | [redacted] | 36049702 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10385 | [redacted] | 36049706 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10385 | [redacted] | 36049707 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10386 | [redacted] | 36049710 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10386 | [redacted] | 36049711 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10387 | [redacted] | 36049735 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10387 | [redacted] | 36049736 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10387 | [redacted] | 36049739 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2026-02-09): Seller acknowledges exception, no change in grading |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10387 | [redacted] | 36049740 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2026-02-09): Seller acknowledges exception, no change in grading |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10388 | [redacted] | 36049741 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10388 | [redacted] | 36049742 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10389 | [redacted] | 36049745 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NH | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10389 | [redacted] | 36049746 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NH | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10390 | [redacted] | 36049765 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10390 | [redacted] | 36049766 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, no change to grading. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10390 | [redacted] | 36049767 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10390 | [redacted] | 36049769 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Third Party Verification of self employment for the borrower, was not dated to verify it was provided within [redacted]calendar days from closing. Please provide evidence of the date it was verified. | Reviewer Comment (2026-02-23): No further comment, see below. Exception cleared. Reviewer Comment (2026-02-23): Reopening for further comment. Reviewer Comment (2026-02-23): Evidence of when the lender obtained the third-party verification was provided. Note - the submission reflected a listing updated on [redacted] which coincides with the search that was done by the client right after the letter was received on [redacted]. Listing was pulled to [redacted], and whom the letter was provided by, is active. Schedule C lists [redacted]. This meets the client's guidelines for alternative documentation for a self-employed borrower. Exception cleared. Buyer Comment (2026-02-18): Please see attached additional verification from a real estate listing where our borrower [redacted] listed a property on [redacted] under [redacted]Real Estate which confirms active employment. Please review to clear this condition. Reviewer Comment (2026-02-18): The third party verification used was a letter from the employer where the borrower is a [redacted]employee. This letter was not dated. Although client received the documentation on [redacted], it was not possible if it was received by the employer that date or the borrower. Diligence has no way of knowing when the letter was written to verify it was within the required timing. Please provide attestation the letter was received directly from the employer on that date, if applicable. Buyer Comment (2026-02-16): Please see attached confirming when the VOE was received. |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10391 | [redacted] | 36049770 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10391 | [redacted] | 36049771 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10391 | [redacted] | 36049772 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10392 | [redacted] | 36049777 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10392 | [redacted] | 36049778 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10393 | [redacted] | 36049815 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10393 | [redacted] | 36049816 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10393 | [redacted] | 36049817 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10394 | [redacted] | 36049824 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, no change to grading. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10394 | [redacted] | 36049825 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10394 | [redacted] | 36049826 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10394 | [redacted] | 36049828 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted]: The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10395 | [redacted] | 36049833 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10395 | [redacted] | 36049834 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10396 | [redacted] | 36049838 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10396 | [redacted] | 36049839 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10396 | [redacted] | 36049841 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. | Buyer Comment (2026-02-09): Seller acknowledges. No change to grading. |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10397 | [redacted] | 36049847 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10397 | [redacted] | 36049848 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10397 | [redacted] | 36049849 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10398 | [redacted] | 36049865 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10398 | [redacted] | 36049866 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10398 | [redacted] | 36049867 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10399 | [redacted] | 36049876 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10399 | [redacted] | 36049877 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10400 | [redacted] | 36049881 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | HI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10400 | [redacted] | 36049882 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | HI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10401 | [redacted] | 36049895 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10401 | [redacted] | 36049896 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10401 | [redacted] | 36049897 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10402 | [redacted] | 36049911 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10402 | [redacted] | 36049912 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10402 | [redacted] | 36049913 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | KS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10403 | [redacted] | 36049940 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10403 | [redacted] | 36049941 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10403 | [redacted] | 36049942 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10404 | [redacted] | 36049960 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | IA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10404 | [redacted] | 36049961 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10404 | [redacted] | 36049962 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | IA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10404 | [redacted] | 36049964 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted]form should have been used. | Buyer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10405 | [redacted] | 36049969 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10405 | [redacted] | 36049970 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10406 | [redacted] | 36049975 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10406 | [redacted] | 36049976 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10406 | [redacted] | 36049977 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10406 | [redacted] | 36049978 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The HOA indicator on the AVM reflects yes and HOA dues were not utilized in qualifying. Please provide documentation verifying the property is not subject to HOA dues. | Reviewer Comment (2026-02-09): Received HOA document for subject property confirming that no HOA dues. Exception cleared. Buyer Comment (2026-02-09): Please see the attached HOA verification from [redacted]. |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10407 | [redacted] | 36049983 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10407 | [redacted] | 36049984 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10407 | [redacted] | 36049985 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10408 | [redacted] | 36049994 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10408 | [redacted] | 36049995 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10408 | [redacted] | 36049996 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10409 | [redacted] | 36049998 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WV | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10409 | [redacted] | 36049999 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WV | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10409 | [redacted] | 36050002 | Compliance | Compliance | State Compliance | State Defect | West Virginia Residential Mortgage Lender, Broker, and Servicer Act - Points and Fees Exceeds State Thresholds | Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of Total Loan Amount of $[redacted]. Points and Fees total $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). | Reviewer Comment (2026-02-25): [redacted] Fee excluded using alternate testing method to treat fee as an appraisal type fee which is approved by [redacted] outside counsel conditioned upon an EV2/B exception being cited for use of alternate method. Buyer Comment (2026-02-24): Per new deal settings concluded on email on [redacted] its confirmed this should be re-tested and graded as an EV2 for excluding the [redacted] fee from this test. Please re-test and regrade as an EV2. Reviewer Comment (2026-02-20): Documents provided was for property in [redacted] not subject Buyer Comment (2026-02-18): Please see attached HOI, Taxes, Updated [redacted] and [redacted] updating the REO entry for this property to include taxes and insurance. Please review to clear this condition. |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WV | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10409 | [redacted] | 36050003 | Compliance | Compliance | Miscellaneous Compliance | Compliance | Other Compliance Exception (Manual Add) | [redacted] Points and Fees Without YSP Test: Alternate points and fees testing methodology utilized under §[redacted](m)([redacted]) allowing for exclusion of the [redacted] fee as an appraisal fee. Alternate testing was deemed acceptable by [redacted] outside counsel given the ambiguity in the state law. | Buyer Comment (2026-02-25): Seller acknowledges the exception, no change to grading. |
02/25/2026 | No | 2 | B | B | B | B | B | WV | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||||||
| [redacted] | 10410 | [redacted] | 36050010 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/10/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10410 | [redacted] | 36050011 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10411 | [redacted] | 36050018 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10411 | [redacted] | 36050019 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10412 | [redacted] | 36050038 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/10/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10412 | [redacted] | 36050039 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10412 | [redacted] | 36050040 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10413 | [redacted] | 36050052 | Compliance | Compliance | State Compliance | Compliance | [redacted]Day [redacted] has been discontinued effective [redacted]. Most recent available index value used for bona fide discount point testing. | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10413 | [redacted] | 36050053 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10413 | [redacted] | 36050054 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10413 | [redacted] | 36050055 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10414 | [redacted] | 36050064 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10414 | [redacted] | 36050065 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10414 | [redacted] | 36050066 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-10): Seller acknowledges the exception, no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10415 | [redacted] | 36050072 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10415 | [redacted] | 36050073 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10416 | [redacted] | 36050099 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10416 | [redacted] | 36050100 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10417 | [redacted] | 36050107 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10417 | [redacted] | 36050108 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10418 | [redacted] | 36050110 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10418 | [redacted] | 36050111 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10418 | [redacted] | 36050112 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10419 | [redacted] | 36050127 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10419 | [redacted] | 36050128 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10419 | [redacted] | 36050129 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10420 | [redacted] | 36050131 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10420 | [redacted] | 36050132 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10421 | [redacted] | 36050140 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10421 | [redacted] | 36050141 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10422 | [redacted] | 36050145 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10422 | [redacted] | 36050146 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10422 | [redacted] | 36050148 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. | Buyer Comment (2026-02-10): Seller acknowledges exception, no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10423 | [redacted] | 36050149 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NE | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10423 | [redacted] | 36050150 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NE | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10423 | [redacted] | 36050151 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | NE | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10423 | [redacted] | 36050153 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. | Buyer Comment (2026-02-10): Seller acknowledges the exception, no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NE | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10424 | [redacted] | 36050201 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10424 | [redacted] | 36050202 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10425 | [redacted] | 36050203 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10425 | [redacted] | 36050204 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10426 | [redacted] | 36050229 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10426 | [redacted] | 36050230 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10426 | [redacted] | 36050234 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||
| [redacted] | 10427 | [redacted] | 36050254 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Second Home | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10427 | [redacted] | 36050255 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Second Home | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10427 | [redacted] | 36050256 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Second Home | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10428 | [redacted] | 36050274 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10428 | [redacted] | 36050275 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10429 | [redacted] | 36050327 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10429 | [redacted] | 36050328 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10430 | [redacted] | 36050340 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10430 | [redacted] | 36050341 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10431 | [redacted] | 36050346 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10431 | [redacted] | 36050347 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10431 | [redacted] | 36050348 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10432 | [redacted] | 36050372 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10432 | [redacted] | 36050373 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10433 | [redacted] | 36050376 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10433 | [redacted] | 36050377 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10433 | [redacted] | 36050378 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10434 | [redacted] | 36050386 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10434 | [redacted] | 36050387 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10434 | [redacted] | 36050388 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10435 | [redacted] | 36050414 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10435 | [redacted] | 36050415 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10435 | [redacted] | 36050416 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10436 | [redacted] | 36050425 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10436 | [redacted] | 36050426 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10437 | [redacted] | 36050471 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10437 | [redacted] | 36050472 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10438 | [redacted] | 36050481 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10438 | [redacted] | 36050482 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10439 | [redacted] | 36050493 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10439 | [redacted] | 36050494 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10439 | [redacted] | 36050495 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10440 | [redacted] | 36050504 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10440 | [redacted] | 36050505 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10441 | [redacted] | 36050519 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10441 | [redacted] | 36050520 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10442 | [redacted] | 36050523 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10442 | [redacted] | 36050524 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10442 | [redacted] | 36050525 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10442 | [redacted] | 36050527 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted](a)([redacted]): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10443 | [redacted] | 36050546 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10443 | [redacted] | 36050547 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10444 | [redacted] | 36050550 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10444 | [redacted] | 36050551 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10444 | [redacted] | 36050553 | Credit | Insurance | Insurance Documentation | Insurance | Hazard Insurance Error: Missing [redacted] policy, blanket hazard insurance policy provided does not contain unit interior coverage. | The subject is located in a condo project. The file is missing the [redacted] insurance policy, or evidence the master policy includes walls-in coverage for the subject unit. | Reviewer Comment (2026-02-17): Master Insurance policy received. Exception cleared. Buyer Comment (2026-02-17): Please see the attached condo master policy |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10445 | [redacted] | 36050572 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10445 | [redacted] | 36050573 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10445 | [redacted] | 36050574 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10446 | [redacted] | 36050603 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10446 | [redacted] | 36050604 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10446 | [redacted] | 36050606 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. (The property state is in the [redacted].) | Buyer Comment (2026-02-10): seller accepts; no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10447 | [redacted] | 36050616 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10447 | [redacted] | 36050617 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10448 | [redacted] | 36050618 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/10/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10448 | [redacted] | 36050619 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-10): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/10/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10449 | [redacted] | 36050623 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/10/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10449 | [redacted] | 36050624 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-10): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/10/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10450 | [redacted] | 36050635 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10450 | [redacted] | 36050636 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10450 | [redacted] | 36050637 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10450 | [redacted] | 36050639 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. | Buyer Comment (2026-02-10): Seller acknowledges. No change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10451 | [redacted] | 36050667 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10451 | [redacted] | 36050668 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2026-02-10): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/10/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10451 | [redacted] | 36050669 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-10): Seller acknowledges exception, no change to grading. |
02/10/2026 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10452 | [redacted] | 36050681 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10452 | [redacted] | 36050682 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10452 | [redacted] | 36050683 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10453 | [redacted] | 36050702 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10453 | [redacted] | 36050703 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10453 | [redacted] | 36050707 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Please provide clarification for the borrower's most recent paystub reflecting a "severance" pay. Diligence acknowledges the fact the VVOE is dated after the paystub indicating borrower is active. However, since the VVOE was provided through a third party vendor, it is possible they have not yet been updated if the borrower was terminated. | Reviewer Comment (2026-02-19): Received explanation from borrower providing clarification for the severance pay on the paystub. Exception cleared. Buyer Comment (2026-02-18): Please see the attached LOX from the borrower confirming they are still employed with the company, just working out of a different location. |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10454 | [redacted] | 36050711 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10454 | [redacted] | 36050712 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10455 | [redacted] | 36050729 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10455 | [redacted] | 36050730 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10455 | [redacted] | 36050731 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10456 | [redacted] | 36050734 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10456 | [redacted] | 36050735 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10457 | [redacted] | 36050754 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10457 | [redacted] | 36050755 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10457 | [redacted] | 36050756 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10458 | [redacted] | 36050766 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10458 | [redacted] | 36050767 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10459 | [redacted] | 36050771 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10459 | [redacted] | 36050772 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10460 | [redacted] | 36050773 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10460 | [redacted] | 36050774 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10461 | [redacted] | 36050782 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10461 | [redacted] | 36050783 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10462 | [redacted] | 36050786 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10462 | [redacted] | 36050787 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10462 | [redacted] | 36050788 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10463 | [redacted] | 36050789 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10463 | [redacted] | 36050790 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10464 | [redacted] | 36050811 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10464 | [redacted] | 36050812 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10464 | [redacted] | 36050813 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | MS | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10465 | [redacted] | 36050827 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10465 | [redacted] | 36050828 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10465 | [redacted] | 36050831 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-16): Seller acknowledges. No change to grading. |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WI | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10466 | [redacted] | 36050837 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10466 | [redacted] | 36050838 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10466 | [redacted] | 36050839 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, no change to grading. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10466 | [redacted] | 36050840 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Diligence utilized borrower's base income of $[redacted] versus $[redacted]. WVOE in file indicates borrower only works [redacted] hours each bi-weekly pay period. Therefore, diligence calculated monthly income at $[redacted] X $[redacted] X [redacted] = $[redacted] which is also supported by the [redacted] earnings. Lender calculated income at a full [redacted] hour workweek over [redacted] months. Note, the WVOE indicates the borrower is paid for [redacted] months only. Although the only paystub in file did reflect [redacted] hours, it appears this was not a normal pay period as it was not supported by [redacted] earnings. Diligence did not consider the [redacted] YTD earnings of $[redacted] thru [redacted] due to the multiple discrepancies on the WVOE and the earnings do not appear accurate based on current and prior earnings. There were several discrepancies noted on the WVOE: [redacted] earnings not matching the [redacted] paystub in file. [redacted] earnings of $[redacted] thru [redacted] does not appear accurate, [redacted] reflects [redacted] yet the letter from the [redacted] states [redacted]. This discrepancy appears to be due to a change in position to his current [redacted] as he received a raise on [redacted]. Please provide documentation to support the higher amount utilized in qualifying. | Reviewer Comment (2026-02-17): Borrower is [redacted] months employed in a year, so income has been calculated as per provided document as $[redacted]=$[redacted]month. Exception cleared. Buyer Comment (2026-02-17): Please be advised the borrower was a [redacted] for [redacted] starting [redacted] and was converted to a full time [redacted] on [redacted] at a rate of [redacted]hour. Using the contract year-to-date earnings on the paystub, calculated as follows: $[redacted]= $[redacted]month [redacted] = [redacted] paystub multiplier/time worked for monthly income of $[redacted]. It appears the WVOE was incorrectly completed with the [redacted] earnings ($[redacted]) swapped with the [redacted] YTD earnings ($[redacted]). Income has been updated, please see the corrected [redacted] and [redacted]. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10466 | [redacted] | 36050841 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. | Loan designation failure due to QM failure. This exception will be cleared when all other QM related exceptions are cleared. | Reviewer Comment (2026-02-17): Borrower is [redacted] months employed in a year, so income has been calculated as per provided document as $[redacted]=$[redacted]month. Exception cleared. Buyer Comment (2026-02-17): Please be advised the borrower was a [redacted] for [redacted] starting [redacted] and was converted to a full time [redacted] on [redacted] at a rate of [redacted]hour. Using the contract year-to-date earnings on the paystub, calculated as follows: $[redacted]= $[redacted]month [redacted] = [redacted] paystub multiplier/time worked for monthly income of $[redacted]. It appears the WVOE was incorrectly completed with the [redacted] earnings ($[redacted]) swapped with the [redacted] YTD earnings ($[redacted]). Income has been updated, please see the corrected [redacted] and [redacted]. |
02/17/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | OK | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||
| [redacted] | 10466 | [redacted] | 36050842 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General QM Provision Investor and QM DTIs don't match and both significantly exceed Guidelines | General QM: The DTIs calculated in accordance with the Lenders Guidelines of [redacted]% and based on [redacted](e) of [redacted]% significantly exceed the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) | Reviewer Comment (2026-02-17): Borrower is [redacted] months employed in a year, so income has been calculated as per provided document as $[redacted]=$[redacted]month. Exception cleared. Buyer Comment (2026-02-17): Please be advised the borrower was a [redacted] for [redacted] starting [redacted] and was converted to a full time [redacted] on [redacted] at a rate of [redacted]hour. Using the contract year-to-date earnings on the paystub, calculated as follows: $[redacted]= $[redacted]month [redacted] = [redacted] paystub multiplier/time worked for monthly income of $[redacted]. It appears the WVOE was incorrectly completed with the [redacted] earnings ($[redacted]) swapped with the [redacted] YTD earnings ($[redacted]). Income has been updated, please see the corrected [redacted] and [redacted]. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10466 | [redacted] | 36050843 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | General QM: Based on the loan failing one or more guideline components, the loan is at QM risk. | Reviewer Comment (2026-02-17): Borrower is [redacted] month employed in a year so income has been calculated as per provided document as $[redacted]=$[redacted]month. Exception cleared. Buyer Comment (2026-02-17): Please be advised the borrower was a [redacted] for [redacted] starting [redacted] and was converted to a full time [redacted] on [redacted] at a rate of [redacted]hour. Using the contract year-to-date earnings on the paystub, calculated as follows: $[redacted]= $[redacted]month [redacted] = [redacted] paystub multiplier/time worked for monthly income of $[redacted]. It appears the WVOE was incorrectly completed with the [redacted] earnings ($[redacted]) swapped with the [redacted] YTD earnings ($[redacted]). Income has been updated, please see the corrected [redacted] and [redacted]. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10467 | [redacted] | 36050845 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10467 | [redacted] | 36050846 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10468 | [redacted] | 36050850 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10468 | [redacted] | 36050851 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10469 | [redacted] | 36050868 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10469 | [redacted] | 36050869 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10469 | [redacted] | 36050870 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10470 | [redacted] | 36050877 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10470 | [redacted] | 36050878 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10471 | [redacted] | 36050893 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10471 | [redacted] | 36050894 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10472 | [redacted] | 36050897 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10472 | [redacted] | 36050898 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10472 | [redacted] | 36050901 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2026-02-16): seller accepts; no change to grading. |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10472 | [redacted] | 36050902 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2026-02-16): seller accepts; no change to grading. |
02/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10473 | [redacted] | 36050912 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10473 | [redacted] | 36050913 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10473 | [redacted] | 36050914 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10474 | [redacted] | 36050921 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10474 | [redacted] | 36050922 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided [redacted]and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10474 | [redacted] | 36050923 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower [redacted][redacted]in the file was blank. Please provide the most recent year [redacted]or equivalent documentation for review. | Reviewer Comment (2026-02-19): Received the [redacted]W2. Exception cleared. Buyer Comment (2026-02-17): Please see attached |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||
| [redacted] | 10475 | [redacted] | 36050925 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10475 | [redacted] | 36050926 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10475 | [redacted] | 36050927 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10476 | [redacted] | 36050943 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10476 | [redacted] | 36050944 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10476 | [redacted] | 36050945 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10477 | [redacted] | 36050946 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10477 | [redacted] | 36050947 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10478 | [redacted] | 36050960 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10478 | [redacted] | 36050961 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10478 | [redacted] | 36050962 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10479 | [redacted] | 36050965 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10479 | [redacted] | 36050966 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10479 | [redacted] | 36050967 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10480 | [redacted] | 36050975 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10480 | [redacted] | 36050976 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10480 | [redacted] | 36050977 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10481 | [redacted] | 36050987 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10481 | [redacted] | 36050988 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-11): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/11/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10481 | [redacted] | 36050989 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Seller acknowledges exception, no change to grading. |
02/11/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10482 | [redacted] | 36051015 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10482 | [redacted] | 36051016 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10483 | [redacted] | 36051036 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10483 | [redacted] | 36051037 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10483 | [redacted] | 36051038 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | AR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10484 | [redacted] | 36051053 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10484 | [redacted] | 36051054 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10484 | [redacted] | 36051055 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10485 | [redacted] | 36051080 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10485 | [redacted] | 36051081 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10485 | [redacted] | 36051082 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10486 | [redacted] | 36051098 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10486 | [redacted] | 36051099 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10487 | [redacted] | 36051110 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10487 | [redacted] | 36051111 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AZ | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10487 | [redacted] | 36051112 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10487 | [redacted] | 36051114 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted]form should have been used. | Buyer Comment (2026-02-17): Seller acknowledges exception, no change to grading. |
02/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10488 | [redacted] | 36051115 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10488 | [redacted] | 36051116 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10488 | [redacted] | 36051119 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-17): Seller acknowledges exception, no change to grading. |
02/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10489 | [redacted] | 36051140 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10489 | [redacted] | 36051141 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10489 | [redacted] | 36051142 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | WI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10490 | [redacted] | 36051181 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10490 | [redacted] | 36051182 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10491 | [redacted] | 36051192 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing [redacted]valuation. The provided [redacted]and/or [redacted]provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10491 | [redacted] | 36051193 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10492 | [redacted] | 36051197 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10492 | [redacted] | 36051198 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10493 | [redacted] | 36051201 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10493 | [redacted] | 36051202 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10493 | [redacted] | 36051203 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10494 | [redacted] | 36051208 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10494 | [redacted] | 36051209 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing [redacted]valuation. The provided [redacted]and/or [redacted]provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10495 | [redacted] | 36051210 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10495 | [redacted] | 36051211 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10495 | [redacted] | 36051212 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10496 | [redacted] | 36051260 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10496 | [redacted] | 36051261 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10496 | [redacted] | 36051262 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10497 | [redacted] | 36051297 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10497 | [redacted] | 36051298 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10497 | [redacted] | 36051299 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10498 | [redacted] | 36051308 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10498 | [redacted] | 36051309 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10498 | [redacted] | 36051312 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-02-10): Seller acknowledges exception, no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10499 | [redacted] | 36051314 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10499 | [redacted] | 36051315 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10499 | [redacted] | 36051316 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10500 | [redacted] | 36051345 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10500 | [redacted] | 36051346 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NY | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10500 | [redacted] | 36051349 | Compliance | Compliance | State Compliance | State HPML | [redacted] [redacted] [redacted]Loan Threshold Fixed Compliant | [redacted] [redacted] Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%. Compliant SubPrime Loan. | 02/09/2026 | No | 1 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Refinance - Cash-out - Other | No obvious cure. Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10501 | [redacted] | 36051354 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10501 | [redacted] | 36051355 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10502 | [redacted] | 36051375 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10502 | [redacted] | 36051376 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10503 | [redacted] | 36051397 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10503 | [redacted] | 36051398 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10504 | [redacted] | 36051403 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10504 | [redacted] | 36051404 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10504 | [redacted] | 36051405 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, no change to grading. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10505 | [redacted] | 36051409 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10505 | [redacted] | 36051410 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10506 | [redacted] | 36051439 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10506 | [redacted] | 36051440 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MI | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10507 | [redacted] | 36051444 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10507 | [redacted] | 36051445 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing [redacted]valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10508 | [redacted] | 36051448 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10508 | [redacted] | 36051449 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-12): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/12/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10508 | [redacted] | 36051452 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | Reviewer Comment (2026-02-17): VVOE received. Exception cleared. Buyer Comment (2026-02-17): Please see attached confirming the VOE was recertified on [redacted]. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10509 | [redacted] | 36051472 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, no change to grading. |
02/13/2026 | No | 2 | A | A | A | A | A | A | B | B | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10509 | [redacted] | 36051473 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10509 | [redacted] | 36051474 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/16/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10510 | [redacted] | 36051508 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10510 | [redacted] | 36051509 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | SC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10511 | [redacted] | 36051522 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10511 | [redacted] | 36051523 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10512 | [redacted] | 36051526 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-13): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/13/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10512 | [redacted] | 36051527 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10512 | [redacted] | 36051530 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Guidelines require a [redacted] month mortgage history. Only [redacted] months was verified for the current senior lien and no prior mortgages were reflected on the credit report. Please provide documentation to verify the remaining months or evidence the property did not have a lien prior to the senior lien opened [redacted]. | Reviewer Comment (2026-02-23): Guidelines require no more than [redacted] on the credit report, which was met in the initial file submission. [redacted] reflects [redacted] years at the subject, however, nothing further is reported on credit and the lien in [redacted] [redacted] was a purchase. Nothing else is required per guidelines. Exception cleared. Buyer Comment (2026-02-20): Please see the final CD for [redacted]#[redacted] confirming it was a purchase transaction, there is no additional payment history Reviewer Comment (2026-02-20): Guidelines require a [redacted] month mortgage history, if applicable. If borrower did not have a prior mortgage, please provide a copy of the title commitment from the senior lien refinance with [redacted] that was opened on [redacted] to evidence no prior lien. If borrower had a prior mortgage, evidence of timely payments to meet the minimum [redacted] months would be required. Exception remains. Buyer Comment (2026-02-18): There is only [redacted] lien in REO for the subject property and it is present on the credit report with [redacted], balance of $[redacted] and $[redacted] payment. The credit report confirms a "date opened" of [redacted] so there is missing payment history as credit was pulled [redacted]. Please escalate for this to be cleared as there is no material issue. |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10513 | [redacted] | 36051556 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10513 | [redacted] | 36051557 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10513 | [redacted] | 36051558 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10514 | [redacted] | 36051561 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10514 | [redacted] | 36051562 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10514 | [redacted] | 36051563 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | TN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10515 | [redacted] | 36051578 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10515 | [redacted] | 36051579 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10515 | [redacted] | 36051580 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10516 | [redacted] | 36051587 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10516 | [redacted] | 36051588 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10517 | [redacted] | 36051591 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10517 | [redacted] | 36051592 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10517 | [redacted] | 36051593 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, no change to grading. |
02/05/2026 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10518 | [redacted] | 36051595 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10518 | [redacted] | 36051596 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided [redacted]and/or [redacted]provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10519 | [redacted] | 36051598 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10519 | [redacted] | 36051599 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10520 | [redacted] | 36051611 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10520 | [redacted] | 36051612 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| [redacted] | 10521 | [redacted] | 36051620 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10521 | [redacted] | 36051621 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-05): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/05/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10522 | [redacted] | 36051654 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10522 | [redacted] | 36051655 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10522 | [redacted] | 36051656 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10523 | [redacted] | 36051664 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10523 | [redacted] | 36051665 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10523 | [redacted] | 36051666 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-06): Seller acknowledges exception, no change to grading. |
02/06/2026 | No | 2 | A | A | A | A | A | A | B | B | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10524 | [redacted] | 36051671 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10524 | [redacted] | 36051672 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. Secondary valuation from subject transaction is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-06): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/06/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10524 | [redacted] | 36051675 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2026-02-10): seller accepts; no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10524 | [redacted] | 36051676 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2026-02-10): seller accepts; no change to grading. |
02/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||
| [redacted] | 10525 | [redacted] | 36051699 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10525 | [redacted] | 36051700 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10525 | [redacted] | 36051701 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | LA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10526 | [redacted] | 36051721 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 02/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10526 | [redacted] | 36051722 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. The supporting secondary valuation is missing. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, secondary valuation not required per product guidelines. |
02/09/2026 | No | 3 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10526 | [redacted] | 36051723 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-09): Seller acknowledges exception, no change to grading. |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | KY | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10527 | [redacted] | 36347835 | Compliance | Compliance | State Compliance | Compliance | [redacted]Day [redacted] has been discontinued effective [redacted]. Most recent available index value used for bona fide discount point testing. | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10527 | [redacted] | 36347836 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10527 | [redacted] | 36347837 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided [redacted]and/or [redacted]provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10528 | [redacted] | 36347863 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10528 | [redacted] | 36347864 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/20/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10528 | [redacted] | 36347865 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/20/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10529 | [redacted] | 36347871 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10529 | [redacted] | 36347872 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purpose. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10529 | [redacted] | 36347873 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | WV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10530 | [redacted] | 36347914 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10530 | [redacted] | 36347915 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10531 | [redacted] | 36347927 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AK | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10531 | [redacted] | 36347928 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AK | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10531 | [redacted] | 36347931 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Schedule C Test | Ability-to-Repay (Dodd-Frank [redacted]): Unable to verify current [redacted] status using reasonably reliable third-party records. | The file is missing the third-party verification for the borrower's business. Please provide evidence of the third-party verification for the business obtained within [redacted] days of the Note date for review. | Reviewer Comment (2026-03-30): Received active business liability policy allowed per clients for third party verification of self employment. Exception cleared. Buyer Comment (2026-03-26): Please see attached confirming the business to be open and active. |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AK | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10531 | [redacted] | 36347932 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Loan designation failure due to ATR failure. This exception will be cleared when all ATR related exceptions are cleared. | Reviewer Comment (2026-03-30): Received active business liability policy allowed per clients for third party verification of self employment. Exception cleared. |
03/30/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | AK | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| [redacted] | 10531 | [redacted] | 36347933 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | ATR failure due to missing third party verification. This exception will be cleared when all ATR related exceptions are cleared. | Reviewer Comment (2026-03-30): Received active business liability policy allowed per clients for third party verification of self employment. Exception cleared. |
03/30/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | AK | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| [redacted] | 10532 | [redacted] | 36347943 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10532 | [redacted] | 36347944 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10532 | [redacted] | 36347945 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10533 | [redacted] | 36347948 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10533 | [redacted] | 36347949 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10533 | [redacted] | 36347950 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10534 | [redacted] | 36348009 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10534 | [redacted] | 36348010 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10534 | [redacted] | 36348011 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, no change to grading. |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10535 | [redacted] | 36348028 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10535 | [redacted] | 36348029 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10535 | [redacted] | 36348030 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10536 | [redacted] | 36348117 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10536 | [redacted] | 36348118 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10536 | [redacted] | 36348119 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10536 | [redacted] | 36348121 | Compliance | Compliance | State Compliance | Misc. State Level | (TX50(a)(6)) Texas Cash-out Loan (The lender/Assignee cannot conclusively rely on the Value on the Acknowledgement of Fair Market Value as the loan file does not contain an Appraisal) | [redacted] Constitution Section [redacted](a)([redacted]): The lender/Assignee cannot conclusively rely on the Value on Acknowledgement of Fair Market Value. Test performed using stated value or other valuation method in file other than appraisal. | 04/01/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10537 | [redacted] | 36348162 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10537 | [redacted] | 36348163 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10537 | [redacted] | 36348164 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10538 | [redacted] | 36348222 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, no change to grading. |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10538 | [redacted] | 36348223 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10538 | [redacted] | 36348224 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10539 | [redacted] | 36348241 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10539 | [redacted] | 36348242 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10539 | [redacted] | 36348243 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, no change to grading. |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10540 | [redacted] | 36348252 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TN | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10540 | [redacted] | 36348253 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TN | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10540 | [redacted] | 36348256 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The third-party verification of employment for the [redacted] was not time stamped. Please provide evidence of when the lender obtained the verification for review. | Reviewer Comment (2026-04-01): Screenshot of client's [redacted]confirms [redacted] was received on [redacted] within [redacted] days of note date. Exception cleared. Buyer Comment (2026-03-31): Please see the attached timestamp verification. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| [redacted] | 10541 | [redacted] | 36348258 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/20/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10541 | [redacted] | 36348259 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10542 | [redacted] | 36348284 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10542 | [redacted] | 36348285 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, no change to grading. |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10542 | [redacted] | 36348286 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10542 | [redacted] | 36348287 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The AVM indicates the subject is in a PUD. The PUD Rider was attached to the mortgage, but HOA dues were not verified. Please provide supporting documentation for review. | Reviewer Comment (2026-03-31): Received HOA verification document subject property has no HOA dues. Exception cleared Buyer Comment (2026-03-31): Please see the attached third party verification that there are no HOA dues. |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10543 | [redacted] | 36348346 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10543 | [redacted] | 36348347 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-25): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/25/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10543 | [redacted] | 36348348 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-25): Seller acknowledges exception, no change to grading. |
03/25/2026 | No | 2 | A | A | A | A | A | A | B | B | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10544 | [redacted] | 36348374 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10544 | [redacted] | 36348375 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided [redacted] and/or [redacted]provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | VA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10545 | [redacted] | 36348456 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10545 | [redacted] | 36348457 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-26): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/26/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10545 | [redacted] | 36348458 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-26): Seller acknowledges exception, no change to grading. |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10546 | [redacted] | 36348479 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10546 | [redacted] | 36348480 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10546 | [redacted] | 36348481 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, no change to grading. |
03/24/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10547 | [redacted] | 36348487 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10547 | [redacted] | 36348488 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10547 | [redacted] | 36348489 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10548 | [redacted] | 36348602 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | ND | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10548 | [redacted] | 36348603 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | ND | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10548 | [redacted] | 36348604 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | ND | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10549 | [redacted] | 36348613 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10549 | [redacted] | 36348614 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the [redacted] valuation required for securitization purposes. | Reviewer Comment (2026-03-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/20/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | AL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10550 | [redacted] | 36348635 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/25/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10550 | [redacted] | 36348636 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-20): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/20/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10551 | [redacted] | 36348713 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/30/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10551 | [redacted] | 36348714 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10551 | [redacted] | 36348715 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, no change to grading. |
03/24/2026 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10552 | [redacted] | 36348843 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10552 | [redacted] | 36348844 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10553 | [redacted] | 36348869 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-04-02): Seller acknowledges exception, no change in grading |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10553 | [redacted] | 36348870 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10553 | [redacted] | 36348871 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10553 | [redacted] | 36348872 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10554 | [redacted] | 36348896 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10554 | [redacted] | 36348897 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No [redacted]valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10555 | [redacted] | 36348923 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. No secondary valuation was provided. Sec ID: [redacted] | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||||
| [redacted] | 10555 | [redacted] | 36348924 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal from prior transaction was in file. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | IL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10555 | [redacted] | 36348925 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10555 | [redacted] | 36348927 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - QM | Qualified Mortgage (Dodd-Frank [redacted]): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. | Loan designation failure due to QM failure. This exception will be cleared when all QM related exceptions are cleared. | Reviewer Comment (2026-04-03): Received appraisal invoice breaking out affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2026-04-01): Please see the attached appraisal invoice from the loan that the appraisal come from, on the subject property. |
04/03/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | IL | Primary | Refinance - Cash-out - Other | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | |||||||||
| [redacted] | 10555 | [redacted] | 36348928 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | QM Points and Fees [redacted] | Qualified Mortgage (Dodd Frank [redacted]): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). | Please provide the appraisal invoice breaking out the appraisal fee and appraisal management fees. | Reviewer Comment (2026-04-03): Received appraisal invoice breaking out affiliate and non-affiliate fees. Exception cleared. Buyer Comment (2026-04-01): Please see the attached appraisal invoice from the loan that the appraisal come from, on the subject property. |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10556 | [redacted] | 36348958 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10556 | [redacted] | 36348959 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10556 | [redacted] | 36348960 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10556 | [redacted] | 36348962 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | [redacted]. Please provide a recent mortgage statement or equivalent documentation to verify the P&I payment utilized in qualifying, for the senior lien. [redacted]. Please provide documentation to verify the subject HOA dues as utilized in qualifying. | Reviewer Comment (2026-04-01): Received verification of HOA Dues. Received revised [redacted]and [redacted]reflecting entire payment on the credit report for the senior lien as the P&I. Exception cleared. Buyer Comment (2026-04-01): Please see the attached documentation. The HOA dues are verified with [redacted], and the mortgage statement is no longer required as we are assuming the mortgage is non-escrowed and including tax/insurance separately in qualifying. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10557 | [redacted] | 36349024 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10557 | [redacted] | 36349025 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10557 | [redacted] | 36349026 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10557 | [redacted] | 36349028 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-04-01): seller accepts; no change to grading. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10558 | [redacted] | 36349037 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10558 | [redacted] | 36349038 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10558 | [redacted] | 36349039 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10558 | [redacted] | 36349040 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing the HOA dues for this property. Please provide for review. | Reviewer Comment (2026-04-01): Received HOA verification document subject property does not have any HOA dues. Exception cleared Buyer Comment (2026-04-01): **$[redacted] was used to qualify in HOA due to be conservative. However, removing the dues would not cause a DTI change greater than [redacted]% so a corrected [redacted] and [redacted] is not required Buyer Comment (2026-04-01): Please see the screen shot and link attached from [redacted] supporting the $[redacted] used to qualify in HOA dues for subject property [redacted] [redacted] |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10559 | [redacted] | 36349051 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10559 | [redacted] | 36349052 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | PA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10560 | [redacted] | 36349096 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10560 | [redacted] | 36349097 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10561 | [redacted] | 36349154 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10561 | [redacted] | 36349155 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10561 | [redacted] | 36349156 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, no change to grading. |
03/24/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10561 | [redacted] | 36349158 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-[redacted] form was used, the H-[redacted] form should have been used. | Buyer Comment (2026-04-01): Seller acknowledges. No change to grading. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10562 | [redacted] | 36349185 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10562 | [redacted] | 36349186 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10562 | [redacted] | 36349187 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, no change to grading. |
03/24/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10563 | [redacted] | 36349302 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-23): Seller acknowledges exception, no change to grading. |
03/23/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10563 | [redacted] | 36349303 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-23): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/23/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10563 | [redacted] | 36349304 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10563 | [redacted] | 36349306 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) | Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The [redacted] form was used, the [redacted] form should have been used. | Buyer Comment (2026-04-01): Seller acknowledges exception, no change in grading |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | B | B | A | A | B | B | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | Yes | ||||||||||
| [redacted] | 10564 | [redacted] | 36349332 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10564 | [redacted] | 36349333 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10565 | [redacted] | 36349344 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 03/31/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10565 | [redacted] | 36349345 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. AVM provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||||
| [redacted] | 10565 | [redacted] | 36349346 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, no change to grading. |
03/24/2026 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | |||||||||||||
| [redacted] | 10565 | [redacted] | 36349347 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing the HOA dues documentation for this property, please provide for review. | Reviewer Comment (2026-04-01): Please see the screen shot and link attached from [redacted] supporting the $[redacted]in HOA dues for subject property [redacted]. [redacted] was conservative and used $[redacted]in HOA dues but a corrected [redacted]and [redacted]should not be required as it does not change DTI more than [redacted]% [redacted] Buyer Comment (2026-04-01): Please see the screen shot and link attached from [redacted] supporting the $[redacted]in HOA dues for subject property [redacted]. [redacted] was conservative and used $[redacted]in HOA dues but a corrected [redacted]and [redacted]should not be required as it does not change DTI more than [redacted]% [redacted] |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Safe Harbor QM (APOR) | Safe Harbor QM (APOR) | No | ||||||||||
| [redacted] | 10566 | [redacted] | 36349405 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/01/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | |||||||||||||
| [redacted] | 10566 | [redacted] | 36349406 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal was provided. No secondary valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | NC | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Higher Priced QM (APOR) | Higher Priced QM (APOR) | No | ||||||||||||
| [redacted] | 10567 | [redacted] | 36349615 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | 04/02/2026 | Yes | 2 | A | A | A | A | A | A | A | A | A | A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No | |||||||||||||
| [redacted] | 10567 | [redacted] | 36349616 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. No secondary valuation was provided. The provided CU and/or LCA provide relief. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Seller acknowledges exception, secondary valuation not required per product guidelines. |
03/24/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | MO | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Non QM | Non QM | No |