Exhibit 99.01 Schedule 2
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| XXXXX | 131386773 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Reviewer Comment (2022-08-03): Received, Clearing. |
08/03/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | A | A | A | A | No | |||||||||||||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | The file is missing Approval. | Reviewer Comment (2022-06-06): Received required
documentation. Cleared. Buyer Comment (2022-06-02): Approval uploaded for your review. |
06/06/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Compliance Report (XXX, XXX, etc.) not provided | The file is missing Compliance Report. | Reviewer Comment (2022-06-06): Received required
documentation. Cleared. Buyer Comment (2022-06-02): XXX uploaded for your review. |
06/06/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided | The file is missing 1008. | Reviewer Comment (2022-06-06): Received required
documentation. Cleared. Buyer Comment (2022-06-02): 1008 uploaded for your review. |
06/06/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. | Loan Discount Points was last disclosed on Loan Estimate as XXXX but disclosed as XXXX on Final Closing Disclosure, nor evidence of cure. | Reviewer Comment (2022-06-06): XXXX received CD & COC
hence no further action required. Buyer Comment (2022-06-03): XXXX CD with XXXX interest rate uploaded for your review. Reviewer Comment (2022-06-03): XXXX received COC dated XXXX, XXXX,XXXX,XXXX and XXXX. However the COC provided for XXXX states that the Interest rate changed to XXXX from XXXX. On previous CD dated XXXX the Interest rate is XXXX and on the fee increased CD dated XXXX the Interest rate is XXXX so there is no change of increase or decrease in the Interest rate. Please provide any missing CD/LE if available prior to the CD dated XXXX to match the Interest rate XXXX as provided in the COC or we require an updated corrected valid COC or cure required. Cure document consist of PCCD/ LOX/ Copy of Check refund and Mailing proof. Buyer Comment (2022-06-02): Please see all the change of circumstances that contributed to many changes from the initial LE to the final CD uploaded for your review. |
06/06/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | C | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. | Appraisal Fee was last disclosed on Loan Estimate as XXXX but disclosed as XXXX on Final Closing Disclosure, nor evidence of cure. | Reviewer Comment (2022-06-06): XXXX received PCCD, LOE,
proof of mailing & copy of refund check. Buyer Comment (2022-06-03): PCCD/LOE/Refund/Tracking uploaded for your review. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | OR | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | C | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 6000078802 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | Reviewer Comment (2022-06-06): Received required
documentation. Cleared. Buyer Comment (2022-06-02): 1004D uploaded for your review. |
06/06/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | C | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000004371 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Total Of Payments | XXXX - XXXX : XXXX provided onXXXX disclosed an inaccurate XXXX that does not match the XXXX for the loan (fee amounts included in TOP calculation are based on Closing Disclosure XXXX ). | XXXX Calculated XXXX XXXX | Reviewer Comment (2022-08-02): XXXX received Letter of Explanation, Proof of
Delivery, Refund check for underdisclosed equivalent amountXXXX Seller Comment (2022-07-29): SEE XXXX Reviewer Comment (2022-07-29): XXXX received a detailed XXXX explaining XXXX . Still missing copy of (XXXX ) of the cure XXXX to borrower to finalize. Seller Comment (2022-07-27): Please see attached. Reviewer Comment (2022-07-19): XXXX received copy of check forXXXX , LOE to borrower and email stating check sent overnight. ToXXXX the cure of this XXXX , must provide either a Corrected CD or a more specific detailed LOE to borrower explaining the violation (TOP) and cure requirements and must be provided with proof of mailing (XXXX ) of the refund check and package. Seller Comment (2022-07-15): See XXXX and XXXX . XXXX Reviewer Comment (2022-07-07): Per XXXX , the XXXX is calculated based on the fees on the XXXX CD and compared to the TOP disclosed on the final CD dated XXXX . XXXX increased on the XXXX . TOP underdisclosed by -XXXX . Seller Comment (2022-07-05): Hello, the Maven report pg XXXX shows all the total of payments PASS. Would this suffice? |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | NV | Primary | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000007652 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | Reviewer Comment (2022-10-24): Received, Clearing. Seller Comment (2022-10-21): Comment from XXXX (XXXX):XXXX Program- Underwriting Guidelines dated XXXX do not require a photocopy of the borrower's ID. A copy of the ID is required only to verify if the borrower is eligible to reside in the US if they are a non- US citizen. Borrower is a US citizen as evidenced on the Final 1003 and the verification was completed by a notary on the Customer Identification Verification form p. 863 of bundle (attached for review). |
10/24/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000007652 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing 3 months of rent receipts. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least [REDACTED] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [REDACTED]%. |
SitusAMC SitusAMC |
Reviewer Comment (2022-10-20): Client exception in the
file. |
10/20/2022 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | IN | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000008132 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing | Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of XXXX used as disbursement date for compliance testing. | Reviewer Comment (2022-12-08): Closing statement
received |
12/08/2022 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Purchase | D | A | A | A | D | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000008132 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | Missing Closing Disclosure: No Document Used For Fee Testing | Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable. | Reviewer Comment (2022-12-08): Closing statement
received Seller Comment (2022-12-08): Comment from XXXX (XXXX ): See attached |
12/08/2022 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | A | A | D | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000008132 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. | Reviewer Comment (2022-12-08): Final Stamped closing
statement acceptable forXXXX purpose
investment loans |
12/08/2022 | No | 1 | A | A | A | A | A | CA | Investment | Purchase | D | A | A | A | D | A | A | A | N/A | N/A | No | ||||||||||||||||
| XXXXX | 4000008129 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1: Title Co. Closing Statement Used For Fee Testing Material | Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. | Reviewer Comment (2022-12-08): Acceptable for XXXX purpose investment properties Seller Comment (2022-12-08): Comment from XXXX (XXXX ): See attached |
12/08/2022 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | A | A | D | A | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three XXXX) business days prior to consummation. | Reviewer Comment (2022-12-21): Received, Clearing. Seller Comment (2022-12-21): Comment from XXXX (XXXX): Appraisal signed XXXX Reviewer Comment (2022-12-16): Appraisal receipt states XXXX receipt while appraisal report date is XXXX. Need earlier provided appraisal or receipt for the XXXX appraisal. Seller Comment (2022-12-16): Comment from XXXX (XXXX): Appraisal Acknowledgement |
12/21/2022 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (XXXX): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. | Reviewer Comment (2022-12-21): Received, Clearing. Seller Comment (2022-12-21): Comment from XXXX (XXXX): XXXX Signed appraisal Reviewer Comment (2022-12-16): Appraisal receipt states XXXX receipt while appraisal report date is XXXX. Need earlier provided appraisal or receipt for the XXXX appraisal. Seller Comment (2022-12-16): Comment from XXXX (XXXX): Fee Variance Worksheet not supporting finding issued by XXXX |
12/21/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. | Appraisal fee increased from $XXXX to $XXXX without a valid change of circumstance. A cure for $XXXX was provided | Reviewer Comment (2022-12-22): XXXX: Sufficient cure
provided at closing. Seller Comment (2022-12-21): Comment from XXXX (XXXX): Please advise. Loan suspended for cure of $XXXX that was given at time of closing (reflected on page 3 of attached CD-$XXXX cure total ). Reviewer Comment (2022-12-19): Final CD reflects a cure for $XXXX. Kindly confirm if it includes the appraisal fee increase to clear this exception. Seller Comment (2022-12-16): Comment from XXXX (XXXX): Fee Variance Worksheet not supporting finding issued by XXXX |
12/22/2022 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: XXXX Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of XXXX exceeds tolerance of XXXX. Insufficient or no cure was provided to the borrower. | Collateral Desktop Analysis Fee increased from $XXXX to $XXXX without a valid change of circumstance. A cure for $XXXX was provided | Reviewer Comment (2023-01-05): XXXX received Letter of Explanation, Proof of Delivery,
Copy of Refund Check, and Corrected PCD. Seller Comment (2023-01-04): Comment from XXXX (XXXX): Tolerance Violation Refund Package Reviewer Comment (2022-12-22): XXXX cure provided at closing is applied against Appraisal Fee as stated in the comment. Cure provided at closing $XXXX is insufficient to cure Collateral Desktop Analysis Fee. In addition Changed Circumstance dated XXXX, but it does not give sufficient information on why the CDA fee was added on XXXX LE for $XXXX. Also, CDA fee increased further on XXXX CD. In order to determine if the changed circumstance is valid, more information is necessary on reason fee increase/added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2022-12-21): Comment from XXXX (XXXX): Please advise. Loan suspended for cure that was given at time of closing (reflected on page 3 of attached CD). Reviewer Comment (2022-12-19): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the CDA fee was added on XXXX LE for $XXXX. Also, CDA fee increased further on XXXX CD. In order to determine if the changed circumstance is valid, more information is necessary on reason fee increase/added and when lender became aware of the change. A valid Changed Circumstance or cure is required. Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check. Seller Comment (2022-12-16): Comment from XXXX (XXXX): Fee Variance Worksheet not supporting finding issued by XXXX |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Property inspected post disaster but pre-FEMA declaration of disaster end date. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [REDACTED] | SitusAMC | Reviewer Comment (2022-12-14): Property inspected post
disaster but pre-FEMA declaration of disaster end date. |
12/14/2022 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000008159 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Private Party VOR. | Borrower has verified disposable income of at least
$[REDACTED]. Borrowers made a down payment from their own funds on this purchase transaction of at least [REDACTED]% and $[REDACTED]. Property inspected post disaster but pre-FEMA declaration of disaster end date. |
Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [REDACTED] | SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2022-12-14): Client exception in the
file. |
12/14/2022 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | ||||||||
| XXXXX | 4000019381 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | Reviewer Comment (2023-10-27): Received Passport. Hence
exception cleared. Seller Comment (2023-10-27): Comment from XXXX (XXXX ): see attached |
10/27/2023 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000019381 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Current primary residence is free and clear. No documentation provided. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at leastXXXX months. Borrowers made a down payment from their own funds on this purchase transaction of at leastXXXX andXXXX The representative FICO score exceeds the guideline minimum by at least v points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2023-10-25): Lender exception provided.
Client elects to waive/regrade with compensating factors. |
10/25/2023 | Yes | 2 | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least XXXX months of local average monthly rents . | Reviewer Comment (2024-03-20): Received, Clearing. Seller Comment (2024-03-20): Comment from XXXX (XXXX ): rent loss |
03/20/2024 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Vacant properties not eligible for Refinance. Lease agreement not provided. | Reviewer Comment (2024-03-26): Loan being qualified as
short term rental. XXXX provided Seller Comment (2024-03-25): Comment from XXXX (XXXX ): supporting documentation Reviewer Comment (2024-03-20): Per guidelines for short term rental: XXXX - XXXX - XXXX - Acceptable with XXXX evidence of receipt via Service Provider payment receipt history or bank statement deposits - XXXX % of market rent will be used as income if it is supported by the XXXX average - Requires property ownership report and proof of property listing on Website - Income limited to XXXX % of market rents schedule for long term tenancy - Not permitted on primary residence SFRs Buyer Comment (2024-03-20): Comment from XXXX (XXXX ): there is no lease because it's a vacation rental property. Page 1 of 6 of the appraisal report confirms "The house is being used as a vacation rental." |
03/26/2024 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Minimum XXXX DSCR for short term rentals per XXXX guidelines | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | SitusAMC | Reviewer Comment (2024-04-12): Client elects to
waive/regrade with compensating factors. Lender exception provided. |
04/12/2024 | Yes | 2 | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000030473 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Ineligible Property Type per the guidelines. | Log homes are an ineligible property type per guidelines | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least XXXX months. | SitusAMC | Reviewer Comment (2024-04-01): Client elects to
waive/regrade. |
04/01/2024 | Yes | 2 | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000076120 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception approved to use "XXXX, which is a money service business registered with XXXX, not an XXXX". Comp factors LTV XXXX%, reserves of XXXX months. | Borrower has been employed in the same industry for more
than 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-05-21): Client elects to
waive/regrade with compensating factors. |
05/21/2025 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000076120 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2025-05-21): Accepted as is. |
05/21/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000076120 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Revised Loan Estimate Timing Before Closing | TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on XXXX not received by borrower at least four (4) business days prior to closing. | Revised Loan Estimate provided on XXXX not received by borrower at least four (4) business days prior to closing | Reviewer Comment (2025-06-11): Accepted as is. Reviewer Comment (2025-06-11): Prior LE's not received within XXXX days of closing but proof Final LE was received within XXXX days of Closing, but Final XXXX received within XXXX business days of closing, Exception regraded to XXXX Buyer Comment (2025-06-10): Comment from XXXX (XXXX ): XXXX LE was not delivered to the Borrower, it was retired. Reviewer Comment (2025-05-23): XXXX received XXXX LE. However, this timing violation is in regard to the priorXXXX LE which did not reflect proof of receipt and mailbox rule is in effect with XXXX receipt date and not within XXXX of consummation. Provide proof of receipt to meet timing requirements. Seller Comment (2025-05-22): Comment from XXXX (XXXX ): XXXX Please see the attached TRID Disclosure History and initial Loan Estimate that shows the borrower was sent the initial Loan Estimate on XXXX and consented to it on XXXX . This meets the XXXX cool off before the closing date of XXXX |
06/11/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | No Defined Cure | C | B | B | B | C | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000076120 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure provided at closing. | Reviewer Comment (2025-05-21): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | B | B | B | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000081995 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (XXXX): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | The date the valuation was provided to the borrower is prior to the date the valuation was performed. | Reviewer Comment (2025-07-02): Accepted as is. |
07/02/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | Exempt from ATR | No | ||||||||||
| XXXXX | 4000081972 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule XXXX: Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least XXXX XXXX business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-07-07): Accepted as is. |
07/07/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000086654 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Investor Qualification Method not Matching ATR | Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | The Qualification Method used by the lender does not match the ATR payment calculation methods under 1026.43(c)(5). | Reviewer Comment (2025-08-04): Accepted as is. |
08/04/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000086654 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Irregular Transactions Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in loan product and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | Corrected Closing Disclosure provided on or after XXXX contains a change in loan product and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | Reviewer Comment (2025-08-04): Accepted as is. |
08/04/2025 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | TRID timing exception, no remediation available. | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000082803 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within 10 business days of the Note. | - | Verification(s) of employment is not within 10 business days of the Note. | Reviewer Comment (2025-08-05): Received, Clearing. Seller Comment (2025-08-05): Comment from XXXX (XXXX): see verbal |
08/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000086666 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | Disbursement Date Missing Test | Disbursement Date Missing: Evidence of disbursement date not found in file. Note Interest Accrual Start Date of XXXX used as disbursement date for compliance testing. | Reviewer Comment (2025-08-04): Accepted as is. |
08/04/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000086666 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-08-04): Accepted as is. |
08/04/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000086666 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | Missing Closing Disclosure: No Document Used For Fee Testing | Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable. | Reviewer Comment (2025-08-06): Accepted as is. Seller Comment (2025-08-06): Comment from XXXX (XXXX): See attached settlement statement that includes all closing fees. A CD is not required since the borrower is an entity, not a natural person, and thereby, exempt under 12 CFR 1026.3(a)(2) from Reg Z and TRID. Reviewer Comment (2025-08-06): No CD to source points and fees in file. Organizational credit (borrower is a business entity), exempt from TILA and XXXX APL Buyer Comment (2025-08-06): Comment from XXXX (XXXX): The borrower XXXX is an entity and not a natural person and thereby, exempt under 12 CFR 1026.3(a)(2) from Reg Z and TRID. |
08/06/2025 | Yes | 2 | B | B | B | B | B | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000086666 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of N/A. | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of N/A. | Reviewer Comment (2025-08-06): Exempt from ATR, testing for
ATR/QM Equivalency Buyer Comment (2025-08-06): Comment from XXXX (XXXX): XXXX is purchasing this as a Non QM loan |
08/06/2025 | No | 1 | A | A | A | A | A | NY | Primary | Purchase | Lender to provide updated ATR/QM status | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | Yes | ||||||||||||||
| XXXXX | 4000086666 | XXXXX | XXXXX | Compliance | Compliance | Miscellaneous Compliance | Compliance | Miscellaneous Compliance: Non-Material Compliance Exception: | Loan exempt from QM/ATR (Organizational Credit) submitted with a loan originator designation other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-08-06): Accepted as is. |
08/06/2025 | No | 2 | A | A | A | A | A | NY | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000086035 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-08-06): Clearing based on review
coming back within tolerances. |
08/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000085140 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Interim Closing Disclosure Timing Test | TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after XXXX contains a change in APR and a complete Closing Disclosure was not received by borrower at least three (3) business days prior to consummation | Reviewer Comment (2025-08-08): Doc ID 0293, blank page 5
and blank APR, no change in APR. Seller Comment (2025-08-07): Comment from XXXX (XXXX): Correct Final CD was included in Investor Package pages 359-363. Attached for quicker reference. The CD without the Issue date was included in error. Please disregard that CD. |
08/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | TRID timing exception, no remediation available. | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000085140 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-08-06): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 4000085140 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Closing Disclosure Issue Date Not Provided | TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on XXXX did not disclose the actual Date Issued. Unable to conclusively determine Final Closing disclosure to use to test for compliance with applicable TRID timing requirements, TRID fee tolerance testing or accuracy of disclosures at or before consummation due to missing Issue Date. Tested using an estimated Date Issued based on best information available. | Closing Disclosure Issue Date Not Provided. | Reviewer Comment (2025-08-15): Accepted as is. Reviewer Comment (2025-08-15): Attestation received confirming CD issued with closing package on XXXX and incomplete CD was not the final CD provided at closing (XXXX completed and signed CD in file, D0300). Seller Comment (2025-08-14): Comment from XXXX (XXXX): Letter of Attestation Reviewer Comment (2025-08-13): Per TRID Grid 4.0, Additional Considerations Row 3, The TPR firm can exclude an LE or CD from consideration if it was not provided to the consumer. Acceptable documentation is a lender attestation that it was not provided to the consumer. (This is only applicable if the document is not acknowledged by the consumer.) Attestation should be in a separate document that can be included in the loan file. The CD in question was signed by the borrower and may not be removed from testing. Buyer Comment (2025-08-12): Comment from De Phan (XXXX): Would you provide an update if the testing was completed? Reviewer Comment (2025-08-08): XXXX received lender attestation that XXXX CD , doc ID 0293 was included in error. Seller Comment (2025-08-07): Comment from XXXX (XXXX): Correct Final CD was included in Investor Package pages 359-363. Attached for quicker reference. The CD without the Issue date was included in error. Please disregard that CD. |
08/15/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Purchase | Good Faith Redisclosure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000085140 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-08-07): Accepted as is. |
08/07/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000084216 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at leastXXXX months PITIA for the subject property. | Reviewer Comment (2025-09-04): Received, Clearing. Seller Comment (2025-09-04): Comment from XXXX (XXXX ): Updated Insurance showing rent loss coverage |
09/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000084216 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing, dated within XXXX days of closing was missing in file. | Reviewer Comment (2025-09-04): Received Certificate of Good
Standing. Exception cleared. Seller Comment (2025-09-04): Comment from XXXX (XXXX ): Certificate of Status/Good Standing was not originally uploaded with the original credit package. Attached is the missing document |
09/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2025-09-09): Received Employer
Identification Number. Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : EIN Letter |
09/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent Loss Insurance for the subject property is required and must equal at least (XXXX ) months of local average monthly rents. Evidence of Property Insurance in file reflects see policy. Policy containing rent loss amount is missing. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-15): Comment from XXXX XXXX : HOI Policy showing Rent loss coverage |
09/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement not provided | Lease is missing. | Reviewer Comment (2025-09-09): Received Lease Agreement.
Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : Lease Agreement |
09/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000089054 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. | Loan is not eligible for a cash out refinance due to the property being vacant. | Reviewer Comment (2025-09-10): Received Lease Agreement.
Exception cleared. Seller Comment (2025-09-09): Comment from XXXX XXXX : Lease Agreement |
09/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | The file was missing a copy of Final 1003 | Reviewer Comment (2025-09-18): Received, Clearing. Seller Comment (2025-09-18): Comment from XXXX (XXXX): attached |
09/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file was missing a copy of HUD/CD. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): HUD |
09/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | The file was missing a copy of Occupancy Certificate. | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): occupancy cert |
09/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): guaranty |
09/16/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): mortgage |
09/16/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000088013 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-09-16): Received, Clearing. Seller Comment (2025-09-16): Comment from XXXX (XXXX): hoi |
09/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088025 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-09-15): Received, Clearing. Seller Comment (2025-09-15): Comment from XXXX (XXXX): The policy states100% replacement cost value is included. Not sure why you are referencing rental coverage Reviewer Comment (2025-09-12): This exception is for a shortage of coverage, not a lack of rent loss coverage. Seller Comment (2025-09-12): Comment from XXXX (XXXX): rent loss |
09/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088025 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Occupancy Certificate is missing in file. | Reviewer Comment (2025-09-12): Received, Clearing. Seller Comment (2025-09-12): Comment from XXXX (XXXX): attached |
09/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088010 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | File did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-09-15): Received, Clearing. Seller Comment (2025-09-15): Comment from XXXX (XXXX): The policy states XXXX% replacement cost value is included. Not sure why you are referencing rental coverage Reviewer Comment (2025-09-12): This exception is for a shortage of coverage, not a lack of rent loss. Seller Comment (2025-09-12): Comment from XXXX (XXXX): rent loss |
09/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088010 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required
and must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-09-12): Cleared. |
09/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088019 | XXXXX | XXXXX | Property | Collateral | General | Collateral | Appraiser has disciplinary action with an end date within a year of appraisal effective date. | - Valuation Effective Date: ___ ___ from: ___ to: ___ |
Appraisal / Valuation Report Date:XXXX: Appraiser has disciplinary action with a start date within a year of appraisal effective date. | Reviewer Comment (2025-09-12): Accepted as is. |
09/12/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | |||||||||||||
| XXXXX | 4000088019 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Credit Application incomplete. | Reviewer Comment (2025-09-18): Received, Clearing. Seller Comment (2025-09-18): Comment from XXXX (XXXX): attached |
09/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | ||||||||||||||
| XXXXX | 4000089802 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | - File did not contain an estimated cost to replace from insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX. | Reviewer Comment (2025-11-19): Received, Clearing. Seller Comment (2025-11-19): Comment from XXXX (XXXX): Hazard Insurance Reviewer Comment (2025-09-22): Replacement Cost Estimator is not received. Exception remains. Seller Comment (2025-09-22): Comment from XXXX (XXXX): RCE Reviewer Comment (2025-09-15): Estimated Cost New $XXXX*XXXX% = XXXX. Hazard Insurance Amount is $XXXX. Hence there is coverage shortfall of $XXXX. Please provide Replacement Cost Estimator. Exception remains. Seller Comment (2025-09-15): Comment from XXXX (XXXX): Please refer to the attachment, which is the full policy packet. On page 53 of 143, under "Coverage C: Loss of Income", item d specifies that coverage applies for "12 consecutive months after the date of direct physical loss." |
11/19/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088570 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | Massachusetts HPML Threshold Test Compliant | Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of XXXX % or Final Disclosure APR of XXXX % is equal to or greater than the threshold of APOR XXXX % + XXXX %, or XXXX % Compliant Higher Priced Loan. | Reviewer Comment (2025-09-15): Accepted as is. |
09/15/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MA | Primary | Purchase | No obvious cure | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000090180 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization is missing in file. | Reviewer Comment (2025-10-01): Received, cleared Reviewer Comment (2025-09-29): Cash-Out Utilization not provided. Exception Remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090180 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate is missing in file. | Reviewer Comment (2025-10-01): Received, cleared Seller Comment (2025-10-01): Comment from XXXX (XXXX): attached - see highlighted Reviewer Comment (2025-09-29): Business Purpose Certificate not provided. Exception Remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090180 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | Occupancy Certificate is missing in file. | Reviewer Comment (2025-09-29): Received Occupancy
Certificate. Exception cleared. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
09/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090180 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX is sufficient to cover the mortgage amount of $XXXX however, insufficient to cover the estimated cost new is $XXXX. Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Coverage Shortfall is $XXXX | Reviewer Comment (2025-10-31): Updated sufficient HOI
Policy provided. Cleared. Seller Comment (2025-10-31): Comment from XXXX (XXXX): HOI |
10/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090166 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | The file was missing a copy of Business Purpose Certificate | Reviewer Comment (2025-10-01): Provided. Cleared. Seller Comment (2025-10-01): Comment from XXXX (XXXX): attached Reviewer Comment (2025-09-29): Business Purpose Certificate not provided. Exception Remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090166 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | The file was missing a copy of Occupancy Certificate | Reviewer Comment (2025-10-01): Provided. Cleared. Seller Comment (2025-10-01): Comment from XXXX (XXXX): this same document was used to clear the other borrowers loan that is with you. XXXX please review again and have this condition cleared. Reviewer Comment (2025-09-29): Occupancy Certificate not provided. Exception Remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090166 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | The file was missing a copy of Cash-Out Utilization/business Purpose certificate | Reviewer Comment (2025-10-01): Provided. Cleared. Reviewer Comment (2025-09-29): Cash-Out Utilization not provided. Exception Remains. Seller Comment (2025-09-29): Comment from XXXX (XXXX): attached |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000088565 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | Verification of identification is not provided. | Reviewer Comment (2025-09-26): Received Patriot Act
Customer Identification. Exception cleared. Seller Comment (2025-09-26): Comment from XXXX (XXXX): Patriot Act |
09/26/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. | - | XXXX is not in images for Valuation dated XXXX. A Septic Certificate of Compliance was provided verifying completion of the Septic System. | Reviewer Comment (2025-10-14): Form 442 received and the
issue was resolved, exception cleared Seller Comment (2025-10-14): Comment from XXXX (XXXX): Please see attached. Reviewer Comment (2025-10-02): The 2nd appraisal would have to show that the issue with the 1st appraisal was addressed. Seller Comment (2025-10-02): Comment from XXXX (XXXX): Second appraisal done on XXXX supercedes need for XXXX |
10/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2025-09-25): Accepted as is. |
09/25/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Purchase | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | No | |||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2025-09-25): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Purchase | Final CD evidences Cure | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | Yes | ||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML 2014 Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher Priced Mortgage Loan. | The loan is HPML Flip and the borrower was charged the second appraisal | Reviewer Comment (2025-10-06): Loan is HPML Compliant. Buyer Comment (2025-10-03): Comment from XXXX (XXXX): Condition curing for second appraisal was cleared. |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Borrower Charged for 2 Appraisals) | TILA HPML Appraisal Rule (Dodd-Frank 2014): Flipped Property - Creditor improperly charged consumer for two (2) appraisals. | The loan is HPML Flip and the borrower was charged the second appraisal | Reviewer Comment (2025-10-02): Received, Refund Check,
Proof of Delivery, and Cover Letter. Buyer Comment (2025-10-02): Comment from XXXX (XXXX): Please clear, package received as of XXXX Reviewer Comment (2025-09-29): Cure documentation received, please re-queue exception once package has been received by the borrower. Seller Comment (2025-09-29): Comment from XXXX (XXXX): Please see attached. Please clear other conditions tioed to the second appraisal. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | MA | Primary | Purchase | Provide evidence of the refund of the amount charged to the consumer for the second appraisal performed on the subject property. (Include a copy of the Refund Check, Proof of Delivery, and Cover Letter) | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | Yes | |||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | (State HPML Provision) Massachusetts Higher-Priced Mortgage Loan (Loan Exceeds HPML Thresholds and failed One or More Federal HPML Provisions Making Loan a Non-Compliant MA HPML - Refer to Federal HPML Exceptions for more details) | Massachusetts Higher-Priced Mortgage Loan: Federal HPML Not Compliant. Refer to failed messages for Federal HPML for more details. | The loan is HPML Flip and the borrower was charged the second appraisal | Reviewer Comment (2025-10-06): Loan is HPML Compliant. Buyer Comment (2025-10-03): Comment from XXXX (XXXX): Condition curing for second appraisal was cleared. |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Purchase | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | No | ||||||||||
| XXXXX | 4000093543 | XXXXX | XXXXX | Compliance | Compliance | State Compliance | State HPML | Massachusetts HPML Threshold Test Non-Compliant | Massachusetts Higher-Priced Mortgage Loan: APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX% Non-Compliant Higher Priced Loan. | The loan is HPML Flip and the borrower was charged the second appraisal | Reviewer Comment (2025-10-06): Client elects to waive Reviewer Comment (2025-10-06): Reopening. Reviewer Comment (2025-10-06): Loan is HPML Compliant. Reviewer Comment (2025-10-06): Loan is HPML Compliant. Regraded to EV2-B. Buyer Comment (2025-10-03): Comment from XXXX (XXXX): Condition curing for second appraisal was cleared. |
10/06/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | MA | Primary | Purchase | No obvious cure | C | B | A | A | C | B | C | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000087548 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Commitment Policy amount is $XXXX and this is less than the loan amount of $XXXX. | Reviewer Comment (2025-09-25): Accepted as is. |
09/25/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AR | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000087548 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent loss insurance is required to equal 6 months rental income. | Reviewer Comment (2025-10-21): Received, Clearing. Seller Comment (2025-10-20): Comment from XXXX (XXXX): Updated Hazard Policy Reviewer Comment (2025-09-26): Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents per guidelines. Buyer Comment (2025-09-26): Comment from XXXX (XXXX): Our payment amount is XXXX x 6=XXXX we have sufficient coverage. Reviewer Comment (2025-09-26): Coverage is XXXX while 6 months of rent is $XXXX. Exception remains. Seller Comment (2025-09-25): Comment from XXXX (XXXX): Policy confirms rent loss coverage. |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000087548 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - PUD not provided | The subject is located in a PUD and the PUD rider was not in the loan file. | Reviewer Comment (2025-11-24): Received, Clearing. Seller Comment (2025-11-24): Comment from XXXX (XXXX): See attached |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000157 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-09-27): Client elects to waive |
09/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000157 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Initial Closing Disclosure Timing without Waiver | TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. | Missing evidence the closing disclosure was provided to the borrower at least 3 days prior to closing | Reviewer Comment (2025-10-01): XXXX received initial CD. |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | No Defined Cure | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000157 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | No cure provided | Reviewer Comment (2025-10-06): XXXX received valid COC
dated XXXX Reviewer Comment (2025-10-01): XXXX received COC dated XXXX stating borrower requested to pull credit report. Kindly provide supporting document when did the borrower request to pull credit report in order to clear the exception. |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud report not provided | Reviewer Comment (2025-09-30): Received Fraud Report.
Exception cleared. |
09/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of hazard insurance expense | Reviewer Comment (2025-10-01): HOI Policy provided.
Clearing. |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of hazard insurance expense | Reviewer Comment (2025-10-01): HOI Policy provided.
Clearing. |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of property tax and HOI expense | Reviewer Comment (2025-09-30): Received Tax certificate for
XXXX. Exception cleared. Reviewer Comment (2025-09-29): Received verification of hazard insurance. Still missing verification of property tax expense Reviewer Comment (2025-09-29): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Insurance Verification, Tax Verification |
09/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of hazard insurance | Reviewer Comment (2025-10-01): HOI Policy provided.
Clearing. |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000157 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing hazard insurance verification | Reviewer Comment (2025-10-01): HOI Policy provided.
Clearing. |
10/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Reviewer Comment (2025-09-30): Cleared with Articles of
Organization. Seller Comment (2025-09-30): Comment from XXXX (XXXX): Articles |
09/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Reviewer Comment (2025-10-17): Received Lease Agreement.
Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX): See Attached |
10/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000090203 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan. | Reviewer Comment (2025-10-02): Updated 1004 showing
Tenant-occupied, exception cleared Seller Comment (2025-10-02): Comment from XXXX (XXXX): Appraisal |
10/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000091884 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $XXXX is over disclosed by $XXXX compared to the calculated Amount Financed of $XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate | Reviewer Comment (2025-10-22): XXXX received lender
attestation and supporting documentation for reimbursement fee and not a
finance charge. Seller Comment (2025-10-21): Comment from XXXX (XXXX): Per the LOX and Compensation Statement provided, $XXXX Reimbursement was for the counter top, sink, & faucet. Reviewer Comment (2025-10-16): A brief explanation of the purpose of the reimbursement fee would be required to clarify testing criteria. Where did the reimbursement come from, what was the purpose of the original advance, etc... Buyer Comment (2025-10-15): Comment from XXXX (XXXX): Can you clarify what you want to see regarding the reimbursement? Do you want us to reimbursement the reimbursement? This was not part of the finance charges. Please review and clear |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000091884 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). | Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold | Reviewer Comment (2025-10-22): XXXX received lender
attestation and supporting documentation for reimbursement fee and not a
finance charge. Seller Comment (2025-10-21): Comment from XXXX (XXXX): Per the LOX and Compensation Statement provided, $XXXX Reimbursement was for the counter top, sink, & faucet. Reviewer Comment (2025-10-16): A brief explanation of the purpose of the reimbursement fee would be required to clarify testing criteria. Where did the reimbursement come from, what was the purpose of the original advance, etc... Buyer Comment (2025-10-15): Comment from XXXX (XXXX): Can you clarify what you want to see regarding the reimbursement? Do you want us to reimbursement the reimbursement? This was not part of the finance charges. Please review and clear |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Second Home | Purchase | TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000094663 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | The file is missing a copy of the Occupancy Certificate | Reviewer Comment (2025-10-21): Received Occupancy
Certificate. Exception cleared. Seller Comment (2025-10-21): Comment from XXXX (XXXX): occ cert attached |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000094663 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file was missing a copy of HUD/CD | Reviewer Comment (2025-10-21): Received, Clearing. Seller Comment (2025-10-21): Comment from XXXX (XXXX): attached |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000093316 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | First Time Investor not permitted on STR property. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $XXXX. |
SitusAMC SitusAMC |
Reviewer Comment (2025-10-09): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
10/09/2025 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 2000000159 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | The file was missing a copy of Fraud Report. | Reviewer Comment (2025-10-17): Received Fraud Report.
Exception cleared. Reviewer Comment (2025-10-16): Received DocMagic compliance report not the Fraud Report. Exception remains. |
10/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000159 | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | The Hazard Insurance Policy Effective Date is XXXX however the loan closed on XXXX. | Reviewer Comment (2025-10-16): Received, Clearing. |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000159 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2025-10-14): Client elects to waive |
10/14/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000165 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | There is not evidence in the file that the borrower received a copy of the appraisal report at least three (3) business days prior to closing. | Reviewer Comment (2025-10-09): Client elects to waive |
10/09/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NH | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000165 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-10-17): Received Fraud Report.
Exception cleared. Reviewer Comment (2025-10-10): Loan detail report was provided. Need a fraud report, exception remains |
10/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000096051 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Reviewer Comment (2025-10-16): Preliminary title
received |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000096051 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Missing Document: Flood Insurance Policy not provided | Address: XXXX | Reviewer Comment (2025-10-16): Received Flood Insurance
Policy. Exception cleared. Seller Comment (2025-10-16): Comment from XXXX (XXXX ): Flood insurance attached |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000094817 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-22): Clearing based on review
coming back within tolerances. |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000094817 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing. | Reviewer Comment (2025-10-27): Received, Clearing. Seller Comment (2025-10-27): Comment from XXXX (XXXX): CDA |
10/27/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | MA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 2000000172 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2025-10-24): Client elects to waive |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000172 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Secondary/XXXX) | Reviewer Comment (2025-10-24): Client elects to waive |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000172 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Client:XXXX/XXXX) | Reviewer Comment (2025-10-24): Client elects to waive |
10/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000094330 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-10-27): Clearing based on review
coming back within tolerances. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000155 | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2025-10-30): Provided. Cleared. |
10/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000155 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Need the taxes and insurance documentation for this address. | Reviewer Comment (2025-10-30): Received Insurance
Verification, Tax Verification. Exception cleared. |
10/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000155 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-10-27): Accepted as is. |
10/27/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000155 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Escrowed Property Costs Year 1 Overdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on XXXX are overdisclosed. | Subject loan has no escrow. However, Loan Disclosures on page 4 of CD reflects that the loan will have an escrow account. | Reviewer Comment (2025-10-31): XXXX received Letter of
Explanation & Corrected CD Reviewer Comment (2025-10-31): XXXX received Corrected CD. Missing copy of LOE to borrower that accompanied PCCD for cure. Buyer Comment (2025-10-31): PCCD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000155 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Escrowed Property Costs Year 1 Underdisclosed - October 2018 | TILA-RESPA Integrated Disclosure - Loan Disclosures: Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided on XXXX are underdisclosed. | Subject loan has no escrow. However, Loan Disclosures on page 4 of CD reflects that the loan will have an escrow account. | Reviewer Comment (2025-10-31): XXXX received Letter of
Explanation & Corrected CD Reviewer Comment (2025-10-31): XXXX received Corrected CD. Missing copy of LOE to borrower that accompanied PCCD for cure. Buyer Comment (2025-10-31): PCCD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000155 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Subject loan has no escrow. However, Loan Disclosures on page 4 of CD reflects that the loan will have an escrow account. | Reviewer Comment (2025-10-31): XXXX received Letter of
Explanation & Corrected CD Buyer Comment (2025-10-31): LOE PCCD Reviewer Comment (2025-10-31): XXXX received Corrected CD. Missing copy of LOE to borrower that accompanied PCCD for cure. Buyer Comment (2025-10-31): PCCD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000155 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Will Not Have Escrow Account | TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. | Subject loan has no escrow. However, Loan Disclosures on page 4 of CD reflects that the loan will have an escrow account. | Reviewer Comment (2025-10-31): XXXX received Letter of
Explanation & Corrected CD Buyer Comment (2025-10-31): PCCD LOE Buyer Comment (2025-10-31): LOE Reviewer Comment (2025-10-31): XXXX received Corrected CD. Missing copy of LOE to borrower that accompanied PCCD for cure. Buyer Comment (2025-10-31): PCCD |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000163 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business purpose certificate in file is not executed | Reviewer Comment (2025-11-11): Received Business Purpose
Certificate. Exception cleared. |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000163 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Reviewer Comment (2025-10-31): Received, Clearing. |
10/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000163 | XXXXX | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Reviewer Comment (2025-11-11): Received, Clearing. |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000182 | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient cure was provided to the borrower at Closing. | Reviewer Comment (2025-10-27): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Purchase | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000182 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | 2055 or full Appraisal required for departing residence pending sale, per guides. | Borrower has been employed in the same industry for more
than 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-30): Client exception
received. |
10/30/2025 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 2000000182 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Buydown Agreement not provided | Temporary Buydown was not signed by all parties | Reviewer Comment (2025-10-31): Received, Clearing. |
10/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Exception set as appraisal is missing from the file | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Disaster end date was 25 years ago. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Appraisal is missing. | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Appraisal |
10/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal missing. | Reviewer Comment (2025-10-29): Received 1004 Appraisal. Exception cleared. Buyer Comment (2025-10-29): Appraisal |
10/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000185 | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Missing closing statement from sale of E XXXX | Reviewer Comment (2025-10-29): Received Closing Statement.
Exception cleared. Buyer Comment (2025-10-29): closing statement from sale of XXXX. |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | D | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000162 | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX is sufficient to cover the mortgage amount of $XXXX however, the appraiser did not provide an estimated cost to rebuild . Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Coverage Shortfall based on XXXX% of the appraisal is $XXXX | Reviewer Comment (2025-10-30): Received Replacement Cost
Estimator and the shortfall is covered. Exception cleared. Buyer Comment (2025-10-30): RCE |
10/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000093947 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Reviewer Comment (2025-12-02): RCE received, exception
cleared Seller Comment (2025-12-02): Comment from XXXX (XXXX): RCE |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | LA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file was missing a copy of Fraud Report | Reviewer Comment (2025-11-03): Received Fraud Report.
Exception cleared. Buyer Comment (2025-11-03): Fraud |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Background Check not provided | The file was missing a copy of Background Check | Reviewer Comment (2025-11-03): Received Fraud Report.
Exception cleared. Buyer Comment (2025-11-03): Fraud |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | The file was missing a copy of Flood Certificate | Reviewer Comment (2025-11-05): Received Flood Certificate.
Exception cleared. Buyer Comment (2025-11-05): Flood cert Reviewer Comment (2025-11-03): Flood Certificate is not received. Exception remains. Buyer Comment (2025-11-03): Flood |
11/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | The file was missing a copy of Evidence of Access to Funds Document | Reviewer Comment (2025-11-04): Received, Clearing. Reviewer Comment (2025-11-04): Full Guideline read as follows: Business assets are an acceptable source of funds for down payment, closing costs, and reserves for self-employed borrowers; ALL of the following must be met: - The borrowers on the loan must have a minimum of 50% ownership of the business and must be owners on the business account - Ownership percentage must be documented via CPA letter, Operating Agreement, or equivalent - All non-borrowing owners of the business must provide a signed and dated letter acknowledging the transaction and confirming the borrower's access to funds in the account - The balance of the business assets must be multiplied by the ownership percentage to determine the owner's portion of business assets allowed for the transaction - A signed letter from a CPA or Underwriter Cash Flow Analysis must also be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business; not required on DSCR loans. The ownership of the business account must be documented to be able to be used and the borrowers on the loan must have a minimum of 50% ownership of the business and must be owners on the business account. Also, All non-borrowing owners of the business must provide a signed and dated letter acknowledging the transaction and confirming the borrower's access to funds in the account. These requirements are not waived on DSCR loans. Buyer Comment (2025-11-04): Guideline does not require CPA attestation to use of business funds on DSCR loan. Exact guide verbiage is: A signed letter from a CPA or Underwriter Cash Flow Analysis must also be obtained verifying that the withdrawal of funds for the transaction will not have a negative impact on the business; NOT REQUIRED ON DSCR LOANS |
11/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | The file was missing a copy of Evidence of Access to Funds Document | Reviewer Comment (2025-11-04): Received, Clearing. Buyer Comment (2025-11-04): Articles- 100% owner |
11/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing | Reviewer Comment (2025-11-03): Received CDA. Exception
cleared. Buyer Comment (2025-11-03): CDA |
11/03/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 2000000195 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent loss insurance must equal 6 months rental. Provide rent loss insurance coverage amount. | Reviewer Comment (2025-11-04): Received, Clearing. Buyer Comment (2025-11-03): Rent Loss |
11/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | D | A | C | A | D | A | N/A | No | |||||||||||||||
| XXXXX | 4000097583 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-11): Cleared based on review
coming back within tolerances |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097583 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount | Reviewer Comment (2025-11-11): Client elects to waive |
11/11/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 2000000208 | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | The file was missing a copy of fraud report | Reviewer Comment (2025-11-17): Fraud report received,
exception cleared Buyer Comment (2025-11-17): Fraud |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NM | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000208 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount | Reviewer Comment (2025-11-13): Accepted as is. |
11/13/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NM | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096683 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-17): Clearing based on review
coming back within tolerances. |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000096683 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Provided Title report reflects Title insurance ALTA policy amount of $XXXX and the subject loan amount is $XXXX. | Reviewer Comment (2025-11-17): Accepted as is. |
11/17/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000096683 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Security Instrument Error: Security instrument loan amount and note original loan amount do not concur. | The Note reflects a loan amount of $XXXX, whereas the Security Instrument shows $XXXX, indicating a discrepancy between the two documents. | Reviewer Comment (2026-04-02): Received, Clearing. Seller Comment (2026-04-02): Comment from XXXX (XXXX): XXXX: Please see attached DOT showing the correct loan amount. Reviewer Comment (2026-01-05): Please provide the corrected security agreement reflecting a loan amount of $XXXX Buyer Comment (2026-01-05): Comment from XXXX (XXXX): XXXX: Scrivener's affidavit being recorded is sufficient to correct this, a whole new security instrument does not need to be recorded. Reviewer Comment (2026-01-02): Please provide a corrected security agreement. Seller Comment (2025-12-31): Comment from XXXX (XXXX): XXXX: See attached Scrivener's Affidavit |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000096683 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 is missing. | Reviewer Comment (2025-11-26): Received Final 1003.
Exception cleared. Seller Comment (2025-11-25): Comment from XXXX (XXXX): XXXX: The final 1003 was provided with the loan package. A second loan application signed after closing was also provided to correct the loan amount which was printed incorrectly on the 1003 signed at closing. |
11/26/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099379 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rent Free Letter is missing. | Reviewer Comment (2025-12-02): Rent Free Letter received,
exception cleared Seller Comment (2025-12-02): Comment from XXXX (XXXX): Rent Free letter signed |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | D | A | IL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000099379 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-21): Clearing based on review
coming back within tolerances. |
11/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000213 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2025-11-21): Accepted as is. |
11/21/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101214 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance effective date is XXXX. The disbursement date is XXXX. | Reviewer Comment (2025-11-27): As per PCCD, disbursement
date is XXXX and Hazard Insurance Effective Date is same as disbursement
date. Exception cleared. Buyer Comment (2025-11-26): Comment from XXXX (XXXX): Hello, we provided a PCCD showing the disbursement date of XXXX in the Submission Package. Thank you. |
11/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000101214 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title does not list coverage amount. | Reviewer Comment (2025-11-24): Accepted as is. |
11/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000097314 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2025-12-02): Received Fraud Report.
Exception cleared. Seller Comment (2025-12-02): Comment from XXXX (XXXX): Attached |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000100821 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000099699 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-11-26): Clearing based on review
coming back within tolerances. |
11/26/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000099699 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100697 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-26): Accepted as is. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100182 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100417 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation within 3 business days of closing. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000100010 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2025-12-04): Received Legal Description.
Exception cleared. Seller Comment (2025-12-04): Comment from XXXX (XXXX): legal |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100160 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title policy coverage amount is $XXXX. The loan amount is $XXXX. | Reviewer Comment (2025-11-28): Accepted as is. |
11/28/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | LA | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000092618 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000099110 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-04): Clearing based on review
coming back within tolerances. |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000100678 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-11): Clearing based on review
coming back within tolerances. Reviewer Comment (2025-12-08): Buyer ordered review. Nothing to do at this time. Buyer Comment (2025-12-05): Comment from XXXX (XXXX): CDA provided on page number 64 of Loan Package. Please review and advise. |
12/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000101213 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000101213 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-04): Accepted as is. |
12/04/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000100696 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-08): Accepted as is. |
12/08/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100047 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for a private landlord | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-08): Lender exception approved |
12/08/2025 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000102238 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2025-12-09): Accepted as is. |
12/09/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000100083 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required
and must equal at least six (6) months of local average monthly rents |
Reviewer Comment (2025-12-15): Received, Clearing. Seller Comment (2025-12-14): Comment from XXXX (XXXX): rent loss insurance |
12/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104194 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2025-12-16): Clearing based on review
coming back within tolerances. |
12/16/2025 | No | 1 | A | A | A | A | A | MN | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000104731 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower Business Entity name as per Note, Security Instrument and other closing documents reflect XXXX. However, as per Title and Business Entity documents, the entity name is XXXX. Updated Note, Security Instrument and closing documents with correct borrower business entity name is required. | Reviewer Comment (2026-04-01): Corrected Note and Security
agreement received Seller Comment (2026-04-01): Comment from XXXX (XXXX): XXXX Please see attached. Reviewer Comment (2026-02-14): A new wet signed note and security instrument will be needed. Buyer Comment (2026-02-13): Comment from XXXX (XXXX): XXXX: Please advise if a scriveners affidavit to update the mortgage and wet signed note will be acceptable to clear this citing |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000104731 | XXXXX | XXXXX | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Reviewer Comment (2025-12-18): Received Hazard Insurance
Policy. Exception cleared. Seller Comment (2025-12-18): Comment from XXXX (XXXX): XXXX: Please see attached. |
12/18/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | MI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104731 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2025-12-19): RCE provided. Cleared. Seller Comment (2025-12-19): Comment from XXXX (XXXX): XXXX: Please see the attached email from the insurance agent confirming a replacement cost of $XXXX |
12/19/2025 | No | 1 | A | A | A | A | A | MI | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000094358 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-12-17): Accepted as is. |
12/17/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000106096 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000106096 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2025-12-26): Client elects to waive |
12/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000243 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing for Subject Business - XXXX. | Reviewer Comment (2026-01-07): Received, Clearing. Reviewer Comment (2025-12-30): Since the Operating Agreement or equivalent is required, we would be looking for an exception or a legally binding company document that provides the % of ownership. If an exception is given, the exception will also need to provide how the ownership % should be entered since it's a required field. Buyer Comment (2025-12-30): Guideline states "Operating Agreement or equivalent". There is no Operating Agreement - Articles and Cert of Formation provided. Both members are on the loan and title. Reviewer Comment (2025-12-29): Please provide Operating Agreement or equivalent document to verify business ownership percentage. Exception remains. Reviewer Comment (2025-12-29): Operating Agreement required as per Guidelines. Exception remains. Buyer Comment (2025-12-29): No Operating agreement- Articles provided. |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000243 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing for XXXX | Reviewer Comment (2025-12-29): After further review,
exception has been cleared. Buyer Comment (2025-12-29): We did not close in the name of XXXX or XXXX, so we didn't need any LLC docs for either business. As for the asset access, the borrowers are listed on the account as individuals so they have access based on that, no further documentation needed. |
12/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000243 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Evidence of Access to Funds is missing for The XXXX. | Reviewer Comment (2025-12-29): After further review,
exception has been cleared. Buyer Comment (2025-12-29): We did not close in the name of XXXX or XXXX, so we didn't need any LLC docs for either business. As for the asset access, the borrowers are listed on the account as individuals so they have access based on that, no further documentation needed. |
12/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000288 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | The file was missing a copy of Operating Agreement for XXXX. | Reviewer Comment (2026-01-07): Received, Clearing. Reviewer Comment (2025-12-30): Since the Operating Agreement or equivalent is required, we would be looking for an exception or a legally binding company document that provides the % of ownership. If an exception is given, the exception will also need to provide how the ownership % should be entered since it's a required field. Buyer Comment (2025-12-30): Guideline states "Operating Agreement or equivalent". There is no Operating Agreement - Articles and Cert of Formation provided. Both members are on the loan and title. Reviewer Comment (2025-12-29): Please provide Operating Agreement or equivalent document to verify business ownership percentage. Exception remains. Reviewer Comment (2025-12-29): Operating Agreement required as per Guidelines. Exception remains. Buyer Comment (2025-12-29): No Operating Agreement, Articles provided. |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000107093 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000107093 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Reviewer Comment (2026-01-02): Corrected reserved as per
Guidelines. Exception cleared. Buyer Comment (2025-12-31): Comment from XXXX (XXXX): Hello, per our guidelines, P&I is used for reserves calculation, not PITIA. Thank you. |
01/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000107093 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-30): Accepted as is. |
12/30/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 4000103069 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Missing Final 1003 for the guarantor XXXX. | Reviewer Comment (2026-03-18): Updated note, note addendum
and SI, all with XXXX removed as signor, cleared Seller Comment (2026-03-18): Comment from XXXX (XXXX): New Note Reviewer Comment (2026-01-06): The guarantor signed the note, so should be credit qualified Buyer Comment (2026-01-06): Comment from XXXX (XXXX): XXXX is a Non-Borrowing Spouse |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103069 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Missing Credit Report for the guarantor XXXX. | Reviewer Comment (2026-03-18): Mira off the note, note
addendum and SI, cleared Reviewer Comment (2026-01-06): Per guidelines, A credit report is required for every Borrower who executes the note. The credit report must meet all FNMA requirements, as well as any additional criteria in this guideline. Buyer Comment (2026-01-06): Comment from XXXX (XXXX): XXXX is a Non-Borrowing Spouse |
03/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103069 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not checked and required per guidelines. | - | Missing OFAC and Fraud Report for the guarantor XXXX. | Reviewer Comment (2026-01-06): Received, Clearing. Seller Comment (2026-01-06): Comment from XXXX (XXXX): drive report |
01/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000103069 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-06): Clearing based on review
coming back within tolerances. |
01/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103571 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: 1007 Rent Comparison Schedule not provided | 1007 not required when using the XXXX report for qualifying. | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-07): Comment from XXXX (XXXX): XXXX |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103571 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | HOA Dues are reflected on the Final CD and 1003 and verification is not provided in file. | Reviewer Comment (2026-01-07): Received, Clearing. Seller Comment (2026-01-07): Comment from XXXX (XXXX): HOA |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | TN | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000283 | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The hazard insurance coverage amount is insufficient, however, the Replacement cost estimator is not provided in the file. | Borrower has owned the subject property for at least 5
years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-12): Client elects to waive with
compensating factor. Dwelling covers the loan amount. Buyer Comment (2026-01-09): Dwelling covers loan amount Buyer Comment (2026-01-09): Dwelling + structures covers loan size, please waive. Reviewer Comment (2026-01-09): Provide Replacement cost estimator for subject property. Exception remains. |
01/09/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000108103 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | There is not evidence in the file that the borrower received a copy of the appraisal report at least three (3) business days prior to closing. | Reviewer Comment (2026-01-06): Accepted as is. |
01/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000107072 | XXXXX | XXXXX | Property | Credit | General | Credit | The property type differs between the valuation documents in file. Unable to verify the property type. Ineligible per guidelines. | The appraisal and the CDA indicate the subject is located as a single family, however there is a PUD rider, and title indicates a PUD. | Reviewer Comment (2026-01-12): Updated 1004 applied.
Cleared. Seller Comment (2026-01-12): Comment from XXXX (XXXX): Please see uploaded appraisal. No change is needed for CDA. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | A | A | C | A | N/A | No | ||||||||||||||
| XXXXX | 2000000295 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement for LLC XXXX, is missing. | Reviewer Comment (2026-01-13): Received Operating
Agreement. Exception cleared. Buyer Comment (2026-01-13): Operating agreement. Please advise what Resolutions are required. |
01/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000295 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution for LLCXXXX, is missing. | Reviewer Comment (2026-01-13): Received Operating
Agreement. Exception cleared. Buyer Comment (2026-01-13): Please advise why resolutions are required. |
01/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000303 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2026-01-07): Received, Clearing. Buyer Comment (2026-01-07): Active |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000303 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Title Preliminary is missing. | Reviewer Comment (2026-01-07): Received, Clearing. Buyer Comment (2026-01-07): Prelim |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000303 | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | No evidence of Title provided. | Reviewer Comment (2026-01-07): Received, Clearing. Buyer Comment (2026-01-07): Final TP not yet available |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000107100 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-08): Accepted as is. |
01/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | A | A | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000107589 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000107589 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Missing Disclosure | Notice of Special Flood Hazard Disclosure Not Provided Timely | FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. | Notice of Special Flood Hazard Disclosure was not within a reasonable time prior to closing. | Reviewer Comment (2026-01-07): Accepted as is. |
01/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000107402 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Note Document was not Signed | Reviewer Comment (2026-02-08): Received Signed copy of note
document with loan amount of $XXXX. Exception cleared. Seller Comment (2026-02-06): Comment from XXXX (XXXX): consolidated NOTE Reviewer Comment (2026-01-15): Received Note document confirms a loan amount of $XXXX. Please provided signed copy of the Consolidated Note with Loan amount of $XXXX. Exception remains. Seller Comment (2026-01-15): Comment from XXXX (XXXX): NOTE SIGNED |
02/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000107402 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument Document was not Signed | Reviewer Comment (2026-02-08): Received Security
Instrument. Exception cleared. Seller Comment (2026-02-06): Comment from XXXX (XXXX): consolidated mortgage Reviewer Comment (2026-01-15): Please provided signed copy of the Security Instrument with Loan amount of $XXXX. Exception remains. Seller Comment (2026-01-15): Comment from XXXX (XXXX): SECURITY INSTRUMENT RIDER |
02/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000107402 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing the signed CEMA agreement. | Reviewer Comment (2026-02-09): Received, Clearing. Seller Comment (2026-02-06): Comment from XXXX (XXXX): back on XXXX I uploaded the CEMA docs to another condition and you cleared the other conditions, not sure why these other conditions weren't cleared at the same time and I sent tracking info of the CEMA docs that you received on XXXX as well |
02/09/2026 | No | 1 | A | A | A | A | A | NY | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | |||||||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-12): Clearing based on review
coming back within tolerances. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file. | Please provide Fraud Report / background check for the Guarantor XXXX. | Reviewer Comment (2026-03-18): Updated note received Reviewer Comment (2026-01-15): The provided fraud report is not for the subject loan. Seller Comment (2026-01-15): Comment from XXXX (XXXX): drive |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Please provide OFAC for the Guarantor XXXX. | Reviewer Comment (2026-03-18): Updated note received Reviewer Comment (2026-01-15): The provided fraud report is not for the subject loan. Seller Comment (2026-01-15): Comment from XXXX (XXXX): drive |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | A credit report was not pulled for all members of the borrowing entity as required by guidelines. | Please provide Credit Report for the Guarantor XXXX. | Reviewer Comment (2026-03-18): Updated note received Seller Comment (2026-03-18): Comment from XXXX (XXXX): New note |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Explanation Letter not provided | Please provide a copy of explanation letter / supporting documents for the following large deposit into guarantor's bank account with XXXX #XXXX of $XXXX on XXXX, as the provided wire confirmation does not reflect the large deposit amount. | Reviewer Comment (2026-01-12): Cleared XXXX account
reflecting the withdrawal Seller Comment (2026-01-12): Comment from XXXX (XXXX): XXXX acct |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Log homes are ineligible per guidelines. | Reviewer Comment (2026-01-12): Received, Clearing. Buyer Comment (2026-01-12): Comment from XXXX (XXXX): on page 1 of the report, the appraiser confirms the log siding is aesthetic and not traditional log home. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Missing application for Guarantor XXXX | Reviewer Comment (2026-03-18): Updated note received |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
01/09/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000105355 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
01/09/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000104394 | XXXXX | XXXXX | Credit | Property - Appraisal | Property Eligibility - Subject and Improvements | Property - Appraisal | Log homes are ineligible per guidelines. | Reviewer Comment (2026-01-12): Received, Clearing. Seller Comment (2026-01-12): Comment from XXXX (XXXX): Please see attached, log siding reported in description and improvement section comments. |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000109291 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided | The file was missing a copy of Bylaws | Reviewer Comment (2026-01-20): Received, Clearing. Seller Comment (2026-01-20): Comment from XXXX (XXXX): Memo |
01/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000285 | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | The file was missing a copy of Title Evidence is Missing. | Reviewer Comment (2026-01-13): Received, Clearing. |
01/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000285 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | The file was missing a copy of Title Evidence document. | Reviewer Comment (2026-01-13): Received, Clearing. |
01/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000326 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Reviewer Comment (2026-01-16): Received, Clearing. |
01/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000326 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Reviewer Comment (2026-01-16): Received, Clearing. |
01/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000326 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-01-16): Client elects to waive |
01/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000106639 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing in file. | Reviewer Comment (2026-01-29): CDA received and supports
value Seller Comment (2026-01-29): Comment from XXXX (XXXX): CDA |
01/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | VA | Investment | Purchase | D | A | A | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000107399 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-01-22): Accepted as is. |
01/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000107399 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-01-22): Accepted as is. |
01/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000276 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution or Operating Agreement is missing in file. | Reviewer Comment (2026-01-23): Received, Clearing. |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104877 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX % of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX | Reviewer Comment (2026-01-23): RCE provided. Cleared. Seller Comment (2026-01-23): Comment from [XXXX] ([XXXX]): RCE |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000107179 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents | Reviewer Comment (2026-02-27): Received, Clearing. Seller Comment (2026-02-27): Comment from XXXX (XXXX): business coverage Seller Comment (2026-02-27): Comment from XXXX (XXXX): RENT LOSS COVERAGE Reviewer Comment (2026-02-25): Documentation received does not disclose the rent loss amount Seller Comment (2026-02-25): Comment from XXXX (XXXX): updated insurance docs |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000107179 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-26): Clearing based on review
coming back within tolerances. |
01/26/2026 | No | 1 | A | A | A | A | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000109229 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | Note Addendum - Prepayment is missing. | Reviewer Comment (2026-01-23): Received, Clearing. Seller Comment (2026-01-23): Comment from XXXX (XXXX): Prepayment rider attached |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | Yes | |||||||||||||||
| XXXXX | 4000109229 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Missing evidence of access to funds for account ending in #XXXX. | Reviewer Comment (2026-01-23): Account omitted from
qualification. Cleared. Buyer Comment (2026-01-23): Comment from XXXX (XXXX): We did not obtain a 2nd statement for this account as we had ample funds in accounts *1019, *5525, *6358. Please disregard the bank account ending in *1769. |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000108236 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2026-01-29): Provided. Cleared. |
01/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000108236 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-27): Cleared based on review
coming back within tolerances |
01/27/2026 | No | 1 | A | A | A | A | A | FL | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000108737 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to the applicant three days prior to consummation. | Reviewer Comment (2026-01-26): Accepted as is. |
01/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108042 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-01-26): Accepted as is. |
01/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108923 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000108923 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000101203 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception with Approved Status is for Minimum 2 tradelines within the last 24 months that shows a 12-month history is not met. | Borrower has owned the subject property for at least 5
years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-28): Client elects to waive with
compensating factors |
01/28/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000107833 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is $XXXX . The Loan amount is $XXXX . | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | SC | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000107833 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-01-30): Clearing based on review
coming back within tolerances. |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000107833 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Missing Certificate of Good Standing dated within XXXX days of closing | Reviewer Comment (2026-02-03): Appropriate documents
received, cleared Seller Comment (2026-02-03): Comment from XXXX (XXXX): GOOD STANDING DOCS |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108875 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report is missing. | Reviewer Comment (2026-02-03): Received Fraud Report.
Exception cleared. Seller Comment (2026-02-02): Comment from XXXX (XXXX): Fraud Attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108875 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is missing. | Reviewer Comment (2026-02-03): Received Fraud Report.
Exception cleared. Seller Comment (2026-02-02): Comment from XXXX (XXXX): See attached for OFAC |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108875 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower attached a Letter of Explanation for 1 30 day late 11 months ago. Lender exception approved. Comp factors LTV XXXX%, Twelve months reserves, DSCR 1.0 | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-28): Client elects to
waive/regrade with compensating factors. |
01/28/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NV | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000108875 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing evidence of receipt of gift funds in the amount of $XXXX. | Reviewer Comment (2026-02-03): Received Wire
Confirmation's. Exception cleared. Seller Comment (2026-02-02): Comment from XXXX (XXXX): Wire Receipts attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108217 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt Of Appraisal is missing. | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108217 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-01-28): Accepted as is. |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000108892 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The appraisal pages are cut off at the top and bottom throughout the report | Reviewer Comment (2026-01-29): Received, Clearing. Seller Comment (2026-01-29): Comment from XXXX (XXXX): appraisal |
01/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108892 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard coverage of $XXXX is insufficient to cover the mortgage amount of $XXXX and the appraiser did not provide an estimated cost to rebuild. Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Coverage Shortfall based on XXXX% of the appraised value is $XXXX. | Reviewer Comment (2026-01-29): Received, Clearing. Seller Comment (2026-01-29): Comment from XXXX (XXXX): RCE |
01/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108218 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Guideline Requirement: Available for Reserves discrepancy. | Reviewer Comment (2026-02-03): Received, Clearing. Seller Comment (2026-02-02): Comment from XXXX (XXXX): Hello, please note that the Total Assets verified $XXXX - Cash to Close on PCCD $XXXX = $XXXX available for reserves. Reserves required 4 months P&I $XXXX. Please note that we have documented sufficient reserves. |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000108218 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-01-29): Accepted as is. |
01/29/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000103920 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX. | Reviewer Comment (2025-11-05): Final certified settlement
statement with updated disbursement date received in trailing documents. Buyer Comment (2025-11-03): Please see attached Final SS |
11/05/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | 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 | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | |||||||||
| XXXXX | 4000103920 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM | CDFI Bank Originated Loan submitted as Non Exempt | Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt. | Reviewer Comment (2026-01-09): CDFI lender testing ATR. |
01/09/2026 | No | 2 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Exempt from ATR | No | ||||||||||||||||
| XXXXX | 4000103748 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception for 13 approved loans in process with max exposure total $XXXX. Compensating factors: DSCR and reserves. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of XXXX is greater than the minimum required DSCR of 1.00. | SitusAMC,Originator Pre-Close | Reviewer Comment (2025-09-24): Waived with compensating
factors per lender exception approval at origination. |
09/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TN | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103746 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception minimum square footage for 2-8 unit
properties is <XXXX sq feet comp Factors: 1) Borrower has reserves > 4 months 2) Borrower's credit score is at least 40 points > min XXXX 3) CDA supports value with no variance |
The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator Pre-Close,SitusAMC | Reviewer Comment (2025-09-23): Waived with compensating
factors per lender exception approval at origination. |
09/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103746 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Leases amount used for DSCR calculation. | Reviewer Comment (2025-10-09): Evidence of 2 months' rent,
along with lease addendum adding additional tenant, and LOE regarding
additional rent each month, received, allowing to use higher lease amount for
Unit 1 and DSCR meets guideline requirements. Reviewer Comment (2025-10-08): Unit 3 -None of the deposits are coming from the tenant that signed the lease. Unable to verify the rent is from the tenant. Unit - 2 - The deposits do not total $XXXX. XXXX stmt shows $XXXX and XXXX shows nothing from the tenant. Buyer Comment (2025-10-08): Lease Unit 1 Buyer Comment (2025-10-08): processor cert regarding extra $XXXX in rent Buyer Comment (2025-10-08): rent deposits Buyer Comment (2025-10-08): Unit 1 -The rent is broken up in 2 transactions. One is for XXXX on XXXX and the other is XXXX on XXXX. This is for Unit 1. XXXX $XXXX and XXXX $XXXX Buyer Comment (2025-10-08): combination of market rent and leases. Unit 1 Lease is $XXXX, Unit 2 Market rent $XXXX and Unit 3 Market rent $XXXX. Total $XXXX. |
10/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103737 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Missing Articles of Organization for the borrowing entities XXXX and XXXX. Articles of Organization in the file does not match the borrowing entities. | Reviewer Comment (2025-10-02): Documents provided are
correct for a series LLC. Buyer Comment (2025-09-30): explanation |
10/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103737 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Non-Owner Cert that provides the borrowers primary address is missing the signature page. | Reviewer Comment (2025-10-02): NOO Cert. Buyer Comment (2025-09-30): Non-Owner |
10/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103728 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement is missing in file. | Reviewer Comment (2025-09-22): Guaranty provided. Buyer Comment (2025-09-18): XXXX-Please see attached Guaranty |
09/22/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103728 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated HUD-1/Settlement Statement. | Reviewer Comment (2025-09-22): HUD provided. Buyer Comment (2025-09-18): XXXX-Please see attached FSS |
09/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103728 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. | Reviewer Comment (2025-09-22): Cleared with renewal. Buyer Comment (2025-09-18): HOI |
09/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103728 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan is missing underwriter discretion documentation allowing primary rent free history. | Reviewer Comment (2025-09-22): Cleared with 1008. Buyer Comment (2025-09-18): 1008 |
09/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103728 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | The Certificate of Non-Owner Occupied is missing. | Reviewer Comment (2025-09-22): Cleared with NOO Cert. Buyer Comment (2025-09-18): Non-Owner |
09/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103744 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for entity. | Reviewer Comment (2025-09-29): OFAC Buyer Comment (2025-09-25): Please clear LLC/OFAC attached. |
09/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103745 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided | Borrower XXXX disclosed marital status as married on the 1003. No spousal consent was provided. | Reviewer Comment (2025-10-06): Corrected 1003 signed at
closing verifying not married. Reviewer Comment (2025-10-06): 1003 signed at closing verifying not married. Buyer Comment (2025-10-02): Documents were wet-signed at the closing table. Reviewer Comment (2025-10-01): Provide verification that the 1003's were sent to the borrower to be corrected, initialed and signed. Buyer Comment (2025-09-29): revised final - not married |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WI | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103745 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide 12 month pay history for subject property. | Reviewer Comment (2025-10-06): Provide evidence the August
payment was made on time. Buyer Comment (2025-10-02): D0267 is signed by all parties pg 496 -508 and pg 476 is the complete note. Reviewer Comment (2025-10-01): Note provided is unsigned. Unable to verify that it is the a final Note for the loan. Buyer Comment (2025-09-29): note payment not due until XXXX |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | D | A | WI | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103905 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Citizenship Source Documentation was not provided | - | Permanent Resident Alien Card is missing | Reviewer Comment (2025-10-16): Received permanent resident
card Buyer Comment (2025-10-14): back green card Buyer Comment (2025-10-14): green card |
10/16/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000103905 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Lease amount of $XXXX used for DSCR and Evidence of 2months check in file. However, lease in file has different property address. | Reviewer Comment (2025-11-10): Received LOE from borrower,
along with copy of first months' rent and security deposit, and bank
statement from tenant account reflecting withdrawal of funds. Buyer Comment (2025-11-06): loe Reviewer Comment (2025-10-24): Per prior comments, the tenant listed on the original lease received that was not for our subject property, is the same tenant listed on the lease received in trailing documents that was signed XXXX. An LOE will need to be provided for the prior lease from XXXX from the same tenant as it appears that is when the cashier's check provided for review was also obtained. Buyer Comment (2025-10-22): Tenant bank statement Buyer Comment (2025-10-22): Cashier check Reviewer Comment (2025-10-16): Received lease agreement for subject property; however, it reflects the same tenant as the lease provided with the incorrect address. Further, the cashier's check provided is dated XXXX and does not indicate that it came from the tenant or that it is for our subject property. The lease was not signed until XXXX. Evidence that the cashier's check provided on XXXX is from the tenant/for our subject property will be required for review. Buyer Comment (2025-10-14): see attached lease |
11/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103905 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan. | The address on the lease provided does not match the address of the subject property. | Reviewer Comment (2025-10-16): Received lease. Buyer Comment (2025-10-14): lease |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103937 | XXXXX | XXXXX | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | All judgements and liens are required to be paid off. | Reviewer Comment (2025-11-11): Satisfaction documents
provided for remaining liens/judgments. Buyer Comment (2025-11-07): payments Buyer Comment (2025-11-07): Judgement satisfied $XXXX Buyer Comment (2025-11-07): #XXXX $XXXX Buyer Comment (2025-11-07): #XXXX $XXXX balance |
11/11/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000103937 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide UW discretion for borrower living rent free with non spouse. | Reviewer Comment (2025-12-16): Updated 1008 received
reflecting UW discretion in approving the loan. Buyer Comment (2025-12-16): uw discretion |
12/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103506 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. | Calculated PITIA months reserves of 0.30 is less than Guideline PITIA months reserves of 3.00. | The Debt Service Coverage Ratio (DSCR) is greater than the
guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Debt Service Coverage Ratio: XXXX Guideline Requirement: 1.00 Loan to Value: XXXX% Guideline Maximum Loan to Value: 75.00000% Guidelines Representative FICO: 680 Representative FICO: XXXX |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-24): Waived with compensating
factors per lender exception approval. Buyer Comment (2025-12-22): Please see exception uploaded. Thank you. |
12/24/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| XXXXX | 4000109141 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX) | Reviewer Comment (2026-01-31): Accepted as is. |
01/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108380 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-02-02): Client elects to waive |
02/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108829 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-02): Cleared based on review
coming back within tolerances |
02/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000107463 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Guarantor Agreement not provided. | Reviewer Comment (2026-02-04): Received Guarantor
Agreement. Exception cleared. Seller Comment (2026-02-03): Comment from XXXX (XXXX): Guarantor Agreement |
02/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | PA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000107463 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Each member should sign the note in the business capacity and as an individual. | Reviewer Comment (2026-04-01): Received corrected Note Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello - the allonge was delivered today. Thank you. Reviewer Comment (2026-03-27): Please provide a corrected Note where each member signs the note in the business capacity and as an individual. Exception remains. Seller Comment (2026-03-27): Comment from XXXX (XXXX): Copy of Note Reviewer Comment (2026-02-04): The note is signed by the guarantors in their LLC capacity but the title of each member is not disclosed on the note as it should be. Seller Comment (2026-02-03): Comment from XXXX (XXXX): BUSINESS PURPOSE FOR REVIEW |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000287 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-02-03): Accepted as is. |
02/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000109931 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-05): Clearing based on review
coming back within tolerances. |
02/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000109866 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy. | - | On Application Declarations Section 5 Question A Borrower checked No to question: Will occupy the property as your primary residence. | Reviewer Comment (2026-02-11): Received updated Final 1003.
Exception cleared. Seller Comment (2026-02-10): Comment from XXXX (XXXX): Hello, please see attached. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000109866 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-02-04): Accepted as is. |
02/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000109866 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2026-02-04): Accepted as is. |
02/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000112382 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | The property is Declining Markets 5% LTV Reduction as per guidelines | Reviewer Comment (2026-04-06): Lender exception approved
for the LTV guideline violation Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached approved loan exception. |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000112382 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-06): Clearing based on review
coming back within tolerances. |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000112382 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. | Reviewer Comment (2026-04-06): Lender exception approved
for the CLTV guideline violation Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached approved loan exception with approved -.XXXX LLPA. Reviewer Comment (2026-02-12): Please provide fully executed Lender Exception Form confirming that the exception is approved. Exception remains. Buyer Comment (2026-02-12): Comment from XXXX (XXXX): Is an exception permitted |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000112382 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to exceed XXXX% LTV/CLTV threshold. Comp Factors - strong reserves and landlord experience. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. |
SitusAMC SitusAMC |
Reviewer Comment (2026-04-06): Lender exception approved |
04/06/2026 | Yes | 2 | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||||
| XXXXX | 4000108938 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-02-05): Accepted as is. |
02/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000108938 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Reviewer Comment (2026-02-11): Received, Clearing. Seller Comment (2026-02-10): Comment from XXXX (XXXX): Hello, Please see attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000108938 | XXXXX | XXXXX | Credit | Asset | Asset Documentation | Asset | Missing Document: Gift Letter not provided | Gift Letter not provided for $XXXX gift towards funds to close. | Reviewer Comment (2026-02-11): Received, Clearing. Seller Comment (2026-02-10): Comment from XXXX (XXXX): Hello, Please see attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000108938 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Documented qualifying Assets for Closing of $XXXX is less than Cash from Borrower $XXXX. | Reviewer Comment (2026-02-11): Received, Clearing. Seller Comment (2026-02-10): Comment from XXXX (XXXX): Hello, Please see attached |
02/11/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | CA | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| XXXXX | 4000108938 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Loan does not meet one or more guideline components which could impact the borrower's ability to repay. | Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Gift Letter not provided for $XXXX gift towards funds to
close. Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. |
Reviewer Comment (2026-02-11): Received, Clearing. Seller Comment (2026-02-10): Comment from XXXX (XXXX): Hello, Please see attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000109669 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-02-05): Accepted as is. |
02/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000110246 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-02-05): Accepted as is. |
02/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000110246 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Marital Status was not provided | - | Borrower Marital Status is blank on 1003. | Reviewer Comment (2026-02-05): Accepted as is. |
02/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000105897 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-02-05): Accepted as is. |
02/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000113760 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: Occupancy Certificate not provided | The file was missing a copy of occupancy certificate. | Reviewer Comment (2026-02-09): Associated Occupancy
Certificate. Exception cleared. Seller Comment (2026-02-09): Comment from XXXX (XXXX): Please see uploaded occupancy certificate. |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000108241 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-11): Clearing based on review
coming back within tolerances. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000106063 | XXXXX | XXXXX | Credit | Guideline | Guideline Issue | Guideline | Red flag warning list hit. | - Additional review of guarantor required. Guarantor: ___ ___ |
The guarantor is listed on the XXXX exposure or exclusion list. | Reviewer Comment (2026-02-25): Clearing based on XXXX
determining this wasn't the same borrower as the exclusion list. |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000111149 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-02-11): Accepted as is. |
02/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Investment | Refinance - Rate/Term | B | B | B | B | B | B | N/A | No | ||||||||||||||
| XXXXX | 4000111149 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Accepted as is. |
02/11/2026 | No | 2 | A | A | A | A | A | A | A | A | B | B | IL | Investment | Refinance - Rate/Term | B | B | B | B | B | B | N/A | No | ||||||||||||||
| XXXXX | 2000000365 | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2026-02-12): Received, Clearing. Buyer Comment (2026-02-12): Title report |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000365 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Reviewer Comment (2026-02-12): Received, Clearing. |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000365 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | Missing page two of the prepayment rider to the Security Instrument | Reviewer Comment (2026-02-12): Received, Clearing. Buyer Comment (2026-02-12): Rider |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000109186 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003 Error: Birth Date was not provided | - | Birth Date was not provided. | Seasoned Borrower/Investor whose experience exceeds 10
completed projects. The representative FICO score exceeds the guideline minimum by at least 40 points. |
# of Properties Completed: XXXX # of Projects (last 24 months): # of Renovation Projects Completed (purchased and exited): 14 Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-12-15): Waived with compensating
factors at clients request. Reviewer Comment (2025-09-25): Borrower signed the Guaranty Agreement as a Guarantor which creates the need for credit docs for this individual. We will need an application with DOB, credit report and fraud report. Buyer Comment (2025-09-23): she has only signed the closing docs-and not a borrower on the loan Birth Date proof not required |
12/15/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| XXXXX | 4000109186 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final 1003 | Final 1003 is missing for XXXX. | Seasoned Borrower/Investor whose experience exceeds 10
completed projects. The representative FICO score exceeds the guideline minimum by at least 40 points. |
# of Properties Completed: XXXX # of Projects (last 24 months): # of Renovation Projects Completed (purchased and exited): 14 Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-12-15): Waived with compensating
factors at clients request. Reviewer Comment (2025-09-25): Borrower signed the Guaranty Agreement as a Guarantor which creates the need for credit docs for this individual. We will need an application with DOB, credit report and fraud report. Buyer Comment (2025-09-23): she has only signed the closing docs-and not a borrower on the loan, Final 1003 proof not required |
12/15/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000109186 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is missing for XXXX. | Seasoned Borrower/Investor whose experience exceeds 10
completed projects. The representative FICO score exceeds the guideline minimum by at least 40 points. |
# of Properties Completed: XXXX # of Projects (last 24 months): # of Renovation Projects Completed (purchased and exited): 14 Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2025-12-15): Waived with compensating
factors at clients request. Reviewer Comment (2025-09-25): Borrower signed the Guaranty Agreement as a Guarantor which creates the need for credit docs for this individual. We will need an application with DOB, credit report and fraud report. Buyer Comment (2025-09-23): she has only signed the closing docs-and not a borrower on the loan, Fraud report proof not required |
12/15/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| XXXXX | 4000103501 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Bylaws not provided | Guidelines require Bylaws and all amendments for a Corporation verifying ownership percentage for all owners along with evidence of signing authority. Operating Agreement provided does not meet guidelines. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-20): Documents provided. Reviewer Comment (2026-01-14): Waived with compensating factors per lender direction. Buyer Comment (2026-01-13): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2025-12-15): Provided bylaws is not signed by all guarantors. Exception remains Buyer Comment (2025-12-11): By-Laws Reviewer Comment (2025-11-03): Guidelines require Bylaws for Corporations. Buyer Comment (2025-10-30): Operating agreement has verbiage that states the operating agreement is the bylaws of this corporation. Also operating agreement reports XXXX XXXX% and XXXX XXXX%. |
01/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||
| XXXXX | 4000106233 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved with compensating factor: XXXX points over the min required FICO score, for Fidelity bond coverage is required for condo projects over XXXX units (or per state requirements). The insurance coverage must be at least equal to the greater of 3 months HOA dues. The current crime/XXXX coverage is $XXXX, per the budget they are required to have $XXXX. Policy is $XXXX short. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator Pre-Close,SitusAMC | Reviewer Comment (2025-12-09): Waived with compensating
factors per lender exceptions approval at origination. |
12/09/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000106233 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. Guidelines require that the policy not be expiring within 60 days of the Note date. | Reviewer Comment (2026-01-07): Received Hazard insurance.
Exception Cleared. Buyer Comment (2026-01-05): Master Condo |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106233 | XXXXX | XXXXX | Credit | Business Purpose | General | Business Purpose | Insurance Policy Expiration Date is less than 30 days from the Note Date and does not have automatic renewal. | Insurance Policy Expiration Date is less than 30 days of the Note Date and does not have automatic renewal. Guidelines require that the policy not be expiring within 60 days of the Note date. | Reviewer Comment (2026-01-07): Received Hazard insurance.
Exception Cleared. Buyer Comment (2026-01-05): see attached master |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103730 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is short by $XXXX. Please provide increased coverage or RCE. | The representative FICO score exceeds the guideline minimum by at least 40 points. | Guidelines Representative FICO: 700 Representative FICO: XXXX |
Originator,SitusAMC | Reviewer Comment (2026-01-14): Waived with compensating
factors per lender exception approval. Reviewer Comment (2026-01-07): Dwelling coverage amount does not cover the loan Insurable value. Require Extended Coverage or replacement cost estimator for coverage shortfall of $XXXX. Exception remains Buyer Comment (2026-01-05): Policy states 100% replacement cost Reviewer Comment (2026-01-02): The policy provided in trailing documents reflects a coverage amount lower than that in the original file. Please provide evidence of at least $XXXX in HOI coverage per guideline requirements. Buyer Comment (2025-12-31): XXXX-Please see attached |
01/14/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000103730 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Missing for business entity. | Reviewer Comment (2026-01-02): Received OFAC search for
business entity. Exception Cleared. Buyer Comment (2025-12-30): XXXX-Please see attached |
01/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109214 | XXXXX | XXXXX | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction - Business entity is missing. | Reviewer Comment (2026-01-09): Provided OFAC search of the
borrowing business entity. Exception cleared. Buyer Comment (2026-01-08): fraud summary Buyer Comment (2026-01-07): fraud |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | Exempt from ATR | N/A | No | |||||||||||||
| XXXXX | 4000109214 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent free with someone other than a spouse. This does not meet the guidelines. File is missing underwriter discretion documentation allowing rent free transaction. | Reviewer Comment (2026-01-09): Provided 1008 with
underwriter discretion for occupancy. Exception cleared. Buyer Comment (2026-01-07): uw discretion |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | Exempt from ATR | N/A | No | |||||||||||||
| XXXXX | 4000106542 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception at origination to allow single family residence with two ADUs; as guidelines only permit one. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: XXXX Guideline Requirement: 0.00 Guidelines Representative FICO: 620 Representative FICO: XXXX |
Originator Pre-Close,SitusAMC Originator Pre-Close,SitusAMC |
Reviewer Comment (2026-01-17): Waived with compensating
factors per lender exception approval at origination. |
01/17/2026 | No | 2 | B | B | B | B | B | CA | Investment | Refinance - Rate/Term | A | B | A | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000106612 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent free with someone other than a spouse. This is not meet guidelines. File is missing underwriter discretion documentation allowing for guideline exception. | Reviewer Comment (2026-01-14): Updated 1008 reflecting UW
discretion received in trailing docs. Buyer Comment (2026-01-14): Uw discretion |
01/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109212 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide final HUD/CS with top portion of the HUD being legible. HUD/CS provided is cut off at the top and the address is not able to be verified.. | Reviewer Comment (2026-01-22): Received Closing statement.
Exception Cleared. Buyer Comment (2026-01-20): XXXX-Please see attached |
01/22/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106613 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan. | Signed Certificate of Non-Owner Occupied address line is blank. | Reviewer Comment (2026-01-23): Received Certificate of
Non-Owner Occupied disclosure showing the borrower at an address different
than the subject. Exception cleared. Buyer Comment (2026-01-21): Non-Owner |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000103915 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Buyer Comment (2026-01-06): We accept a EV2 grade. Please
waive to grade B. Reviewer Comment (2025-12-19): The disclosure received does not have any of the indications of the borrower wanting to waive the right or want to receive the copy of the appraisal within 3 business days of closing. Exception Remains Buyer Comment (2025-12-17): Please see attached appraisal report disclosure |
01/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | B | B | A | A | B | B | A | A | N/A | Exempt from ATR | No | ||||||||||
| XXXXX | 2000000325 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Evidence of title is missing | Reviewer Comment (2026-02-17): Received, Clearing. Buyer Comment (2026-02-17): Title |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000111471 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-19): Cleared based on review
coming back within tolerances |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000108792 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-02-18): Client elects to waive |
02/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | LA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 2000000378 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Rider - 1-4 Family not provided | The 1st page of the 1-4 Family Rider is missing | Reviewer Comment (2026-02-19): Received Rider - 1-4 Family.
Exception cleared. Buyer Comment (2026-02-19): 1-4 rider |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000378 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Reviewer Comment (2026-02-18): Received, Clearing. Buyer Comment (2026-02-18): Title |
02/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000390 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Evidence of title is missing | Reviewer Comment (2026-02-18): Received, Clearing. Buyer Comment (2026-02-18): Title |
02/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000390 | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Reviewer Comment (2026-02-24): Received, Clearing. Buyer Comment (2026-02-24): HOI |
02/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 4000108500 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-20): Cleared based on review
coming back within tolerances |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000108500 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower utilizing Third Party Property Mgmt. agency. Report indicates XXXX in non-recurring expenses which were added back. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-19): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
02/19/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000110854 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The 1025 appraisal received is incomplete. | Reviewer Comment (2026-02-23): Legible appraisal provided.
Cleared. Seller Comment (2026-02-23): Comment from XXXX (XXXX): uploaded appraisal document |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | LA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000111215 | XXXXX | XXXXX | Credit | Investment Product | General | Investment Product | REO property does not have a lease in place and required by guidelines. | - | Appraisal indicates property is occupied by a tenant. Lease Agreement is missing. | Reviewer Comment (2026-03-06): Received, Clearing. Seller Comment (2026-03-06): Comment from XXXX (XXXX): Copy of lease |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| XXXXX | 4000109923 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-25): Clearing based on review
coming back within tolerances. |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000115959 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | 1003/Declarations: H. Are you currently delinquent or in default on a Federal debt? reflects Yes. Missing documented and/or does not meet guideline requirements. | - | Borrower ticked "yes" for 'Are you currently delinquent or in default on a Federal debt?. Kindly provide supporting documents or revised 1003 with correct information. | Reviewer Comment (2026-02-27): Received Updated 1003.
Exception cleared. Seller Comment (2026-02-27): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000115959 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-02-25): Accepted as is. |
02/25/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000118167 | XXXXX | XXXXX | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: 22 | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-25): Accepted as is. |
02/25/2026 | No | 2 | A | A | A | A | A | A | A | A | B | B | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | ||||||||||||||
| XXXXX | 4000118167 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-02-27): Finding reported in new
exception. |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | |||||||||||||||
| XXXXX | 4000118167 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Enhanced Valuation Review Finding | Subject Property Overview The subject is a four-family residence located in a suburban section of Dover with convenient access to schools, parks, places of worship, shopping centers, and local commercial services. Built in 1900 on a 0.43-acre lot, the property contains approximately XXXX square feet of gross living area divided among four units, offering a total of ten bedrooms and four bathrooms. The structure sits on an unfinished basement with driveway parking. Condition is reported as average, and no repair needs or adverse physical characteristics were identified. The property is tenant-occupied and appears to be adequately maintained for its age. The appraisal dated XXXX concluded an as-is value of $XXXX. A subsequent MLS history indicates the property was listed for $XXXX and sold on XXXX for $XXXX following reported competitive bidding. The reviewer noted that a sale nearly $XXXX above listing price is atypical for this market segment and may reflect buyer-specific motivations or concessions rather than broader market behavior. Market data suggests limited transparency among local multi-family trades, but no recent sales of similar scale have exceeded $XXXX within Dover or the immediately surrounding area. The only comp within 5 miles used sold for XXXX. The only comp in XXXX used in the report at XXXX was last listed for XXXX and was removed from the MLS with no sale after 209 days on market and 2 price reductions indicating market resistance above XXXX Comparable Sale Analysis The appraisal includes several multi-family comparables, though most are located 4.7 to 10.7 miles from the subject and required significant location adjustments. Only one comparable within five miles sold for $XXXX, reflecting the typical pricing ceiling for large multi-family properties in this area. A more directly relevant sale at XXXX closed for $XXXX on XXXX. This 4,259-square-foot, eight-bedroom, four-bath property is 0.52 miles from the subject and in similar condition. With a detached three-car garage and a comparable overall layout, this transaction represents the strongest upper-end benchmark for the local market. While slightly superior in size and utility, its sale price establishes a realistic upper boundary. Another meaningful reference is the three-family sale at XXXX, which closed for $XXXX on XXXX. Offering approximately 3,000 square feet with six bedrooms and three bathrooms, and located only 0.31 miles from the subject, this sale provides an important mid-range indicator for the submarket. Despite being smaller and slightly less functional, it illustrates typical demand for older multi-unit inventory within the Dover area. The appraisal cites XXXX, which sold for $XXXX, but it is located 6.83 miles away, possesses only four bedrooms, and required an adjustment of -$XXXX for location. Its markedly higher price is attributed to superior condition and a more desirable micro-market rather than parity with Dover pricing. Similarly, XXXX, which sold for $XXXX, is 10.79 miles away and also required a -$XXXX location adjustment. Its sale price reflects conditions in a different and superior market area, limiting its applicability to the subject. Additional market support comes from two active local listings: • XXXX at $XXXX • XXXX at $XXXX (three-unit, 3,043 sq ft, pending at the time of review) Both listings fall well below $XXXXand demonstrate significant market resistance to pricing above $XXXX, particularly for older multi-unit buildings without premium amenities or recent renovations. Valuation Reconciliation The most relevant sales and active listings support a value range between $XXXX and $XXXX for the subject property. No multi-family sale within XXXX during the review window approached the appraisal's $XXXX conclusion, and the subject's own MLS history-with an initial list price of $XXXX-suggests the closed sale at $XXXX may reflect buyer-specific factors rather than general market movement. Given the subject's age, average condition, typical functional layout, and comparable multi-family sales clustering below $XXXX, the appraisal conclusion of $XXXX is not supported by local market evidence. The reviewer's reconciled value of $XXXX (midpoint of the supported range) most accurately reflects the subject's competitive position, accounting for updated interior elements, tenant-occupied stability, typical lot utility, and the pricing trends demonstrated by the most comparable XXXX sales. |
Reviewer Comment (2026-03-17): New appraisal was provided
lowering the appraised value to $XXXX with addition comparable support. After review of the updated report, the
reconciled value was raised to the upper end of the original XXXX to XXXX
value range, lowering the variance to XXXX% from the revised appraisal
value. Seller Comment (2026-03-17): Comment from XXXX (XXXX): Revised Appraisal Reviewer Comment (2026-03-06): As stated in the prior response,the CDA and field review have already been reviewed. We need the appraiser to address the concerns laid forth by the Enhanced Review Team. Seller Comment (2026-03-06): Comment from XXXX (XXXX): Field Review Reviewer Comment (2026-03-02): The CDA and field review have already been reviewed. We need the appraiser to address the concerns laid forth by the Enhanced Review Team. Seller Comment (2026-03-02): Comment from XXXX (XXXX): CDA |
03/17/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | |||||||||||||||||||
| XXXXX | 4000118167 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The signature blocks on the note and security instrument should reflect the business entity as the borrower and the natural person signing on behalf of the business. (Example: XXXX, as member of XXX properties, LLC) | Reviewer Comment (2026-05-22): Corrected Mortgage and Note
signatures provided. Cleared. Seller Comment (2026-05-22): Comment from XXXX (XXXX): Mortgage & Note |
05/22/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Purchase | C | B | C | A | B | B | N/A | No | |||||||||||||||||||
| XXXXX | 4000116155 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-02-26): Accepted as is. |
02/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000116155 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-02-26): Accepted as is. |
02/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000115139 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-02-27): Accepted as is. |
02/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000115139 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Preliminary Title Report does not list coverage amount. | Reviewer Comment (2026-02-27): Accepted as is. |
02/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000111345 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | All pages of the appraisal are cut off at the top. Provide complete appraisal report. | Reviewer Comment (2026-03-03): Cleared, Complete appraisal
was received Seller Comment (2026-03-03): Comment from XXXX (XXXX): uploaded requested appraisal document |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000441 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Business account needs evidence of access to funds. | Reviewer Comment (2026-03-03): Evidence of access to funds
not required. Exception cleared. Buyer Comment (2026-03-03): The Business Assets in XXX were not utilized for Cash to Close and/or reserves requirements hence access to funds was not verified. To meet the cash to close requirements, the 1031 exchange/gift funds are utilized and borrower's personal accounts have been utilized for reserves requirement. |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000441 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Need 1031 Exchange gift funds from donor. | Reviewer Comment (2026-03-05): Wire receipt, cleared Buyer Comment (2026-03-05): 1031 exchange wire receipt |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000103716 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception request for borrower is requesting total loan of
18 with aggregate of $XXXX XXXX - Appraisal provided reflects each individual unit as a condo and photos does shows a full kitchen for each unit. Per XXXX email reply ok to proceed. Comp Factors: 1. FICO 40+ points over minimum matrix tier. 2. Reserves minimum of 6 months or grater from borrower own funds. |
Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: XXXX Guideline Requirement: 2.00 Guidelines Representative FICO: 640 Representative FICO: XXXX |
SitusAMC SitusAMC |
Reviewer Comment (2025-08-08): Waived with compensating
factors per lender exception approval at origination. |
08/08/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000109176 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception to allow additional properties to close simultaneously on XXXX. Borrower is purchasing a total of 11 properties amounting to $XXXX 6 are currently in closing. Exposure may not exceed $XXXX aggregate with a maximum of 10 loans for each individual borrower. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: XXXX Guideline Requirement: 3.00 Guidelines Representative FICO: 660 Representative FICO: XXXX |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-15): Waived with compensating
factors per lender exception approval at origination. |
01/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Purchase | B | B | B | B | A | A | N/A | No | |||||||||||
| XXXXX | 2000000416 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Evidence of title is missing | Reviewer Comment (2026-03-05): Received, Clearing. Buyer Comment (2026-03-05): Title |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000416 | XXXXX | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2026-03-05): Received, Clearing. |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000416 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan is vested in an LLC when owned solely by a Trust. Lender exception provided is incomplete. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-05): Client exception
received. Buyer Comment (2026-03-05): Exception |
03/05/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000115384 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Property listed for sale prior to application and removed prior to application. Rate term refi of a just renovated property. Approved conditioned upon having a min 3 yr prepay if allowed by state. Also need LOE for intentions moving forward. LTV = XXXX%; DSCR >XXXX; reserves > XXXX months. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-24): Client elected to
waive/regrade with compensating factors. Lender exception and LOX for
Listing/Removal and Intentions provided. Seller Comment (2026-03-24): Comment from XXXX (XXXX): LOE regarding intentions |
03/24/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000115384 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | The file was missing a copy of Operating agreement | Reviewer Comment (2026-03-24): Received Operating
Agreement. Exception cleared. Seller Comment (2026-03-24): Comment from XXXX (XXXX): Operating agreement |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000115384 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The lender exception was conditionally approved for a LOE from the borrower advising reason for the subject listed for sale and for the intentions going forward. The LOE was not in the loan file. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-20): Client exceptions
received. Seller Comment (2026-03-19): Comment from XXXX (XXXX): LOE |
03/20/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000118089 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-03-12): Accepted as is. |
03/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000115191 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-03-17): Clearing based on review
coming back within tolerances. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000434 | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance is required and must equal 6 months of rental income. | Reviewer Comment (2026-03-11): Received, Clearing. Buyer Comment (2026-03-11): Business Income and Extra Expense on the dec page is the rent loss. Business Income and Extra Expense (BIEE) coverage, often part of a Business Owner's Policy (BOP), protects businesses from financial loss when forced to suspend operations due to a covered peril (e.g., fire, windstorm). It replaces lost net income and pays for ongoing expenses like payroll and rent |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000114833 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing, | Reviewer Comment (2026-03-25): Received Articles of
Organization/Formation. Exception cleared. Seller Comment (2026-03-25): Comment from XXXX (XXXX): Cert of formation attached Reviewer Comment (2026-03-18): File is missing Articles of Organization/Formation. Exception remains. Seller Comment (2026-03-18): Comment from XXXX (XXXX): Operating agreement was in the original package uploaded |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000117030 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-03-16): Client elects to waive |
03/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000118901 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-03-19): Accepted as is. |
03/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000118901 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage Statement is Missing for REO Property | Reviewer Comment (2026-03-25): Received document confirms
the Second mortgage P&I coverage for the XXXX. Exception cleared. Seller Comment (2026-03-25): Comment from XXXX (XXXX): Hello, Please see attached Reviewer Comment (2026-03-21): Statement needed for the $XXXX 2nd mortgage on this property. Seller Comment (2026-03-20): Comment from XXXX (XXXX): Hello, Please see attached |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 4000113010 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-03-20): Clearing based on review
coming back within tolerances. |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | KY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000111418 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | The file was missing a copy of Employer Identification Number. | Reviewer Comment (2026-04-07): Employer Identification
Number, cleared Seller Comment (2026-04-07): Comment from XXXX (XXXX): a Reviewer Comment (2026-03-25): Employer Identification Number (EIN) not provided. Exception remains. Seller Comment (2026-03-25): Comment from XXXX (XXXX): a |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000432 | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: 1 | Full appraisal provided in the file dated prior to closing, but after the note date. | Reviewer Comment (2026-04-06): Updated Note provided, dated
XXXX |
04/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000116823 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Property is in declining market. As per guidelines, a 5% reduction to the LTV/CLTV caps is required. | Reviewer Comment (2026-03-30): Appraisal received
reflecting stable market Seller Comment (2026-03-30): Comment from XXXX (XXXX): Appraisal updated to stable market |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000116823 | XXXXX | XXXXX | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Combined loan to value discrepancy. | Property is in declining market. As per guidelines, a 5% reduction to the LTV/CLTV caps is required. | Reviewer Comment (2026-03-30): Received appraisal
reflecting stable market |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000118726 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Valid COC in file. | Reviewer Comment (2026-03-26): Accepted as is. |
03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000118726 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-03-26): Accepted as is. |
03/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000119094 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-03-31): Clearing based on review
coming back within tolerances. |
03/31/2026 | No | 1 | A | A | A | A | A | GA | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000120775 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt Of Appraisal is missing. | Reviewer Comment (2026-03-27): Accepted as is. |
03/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | D | B | A | A | D | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000120775 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | Compliance | Closing Disclosure Estimated Values | Final Closing Disclosure used for fees provided on XXXX contains estimated values that may not represent final terms or closing costs to the borrower. Estimated Closing Disclosure used for any applicable Federal, State or Local compliance testing. If documented evidence is provided that estimate was for repair/construction costs or tax/insurance escrows ONLY (no holdback service fees or other estimated fees), then Estimated Closing Disclosure exception may be cleared. | Final Closing Disclosure used for fees provided on XXXX contains estimated values that may not represent final terms or closing costs to the borrower. | Reviewer Comment (2026-04-02): Received, Clearing. Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
04/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NV | Primary | Purchase | D | B | A | A | D | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000120635 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-03-27): Accepted as is. |
03/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | System | General | System | Security Instrument address does not match Note address. | Security Instrument document reflects property address as XXXX but Note document reflects subject property address as "XXXX". | Reviewer Comment (2026-01-17): Recorded scrivener's
affidavit received corrected subject property address. Buyer Comment (2026-01-16): scrivener's affidavit |
01/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing Protection Letter is missing. | Reviewer Comment (2026-01-17): CPL received Buyer Comment (2026-01-16): CPL |
01/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument document reflects property address as XXXX, but Note document reflects subject property address as XXXX". Recording cover sheet reflects correct address; however, complete document reflects incorrect address. | Reviewer Comment (2026-01-17): Security instrument and
recorded scrivener's affidavit received. Buyer Comment (2026-01-16): see attached document |
01/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Mising Document: Closing Protection Letter not provided. | Closing Protection Letter is missing. | Reviewer Comment (2026-01-17): Closing protection letter
received Buyer Comment (2026-01-16): see attached CPL |
01/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception request to 9 the program limit of
XXXX acres. The subject has XXXX acres. Comp Factors: 1.FICO XXXX+ points over the minimum required score for the LYTV requested. 2.LTV XXXX% below the max allowed based on the borrower's FICO. |
The Loan to Value (LTV) on the loan is less than the
guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Loan to Value: XXXX% Guideline Maximum Loan to Value: 75.00000% Guidelines Representative FICO: 660 Representative FICO: XXXX |
SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-01-15): Waived with compensating
factors per lender exception approval at origination. |
01/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Reserves: XXXX Guideline Requirement: 3.00 Guidelines Representative FICO: 660 Representative FICO: XXXX |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-01-22): Client request to waive,
POST CLOSE: Accepting Post-dated
Certificate of Good Standing with compensating factors of FICO XXXX point
over min and Borrower reserves exceed the required amount by at least 4
months. Reviewer Comment (2026-01-22): Lender exception to clear the condition is missing in the file. Exception remains Buyer Comment (2026-01-20): Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-01-17): Document provided is dated XXXX, which is 6 months after closing date XXXX. Pre-consummation documentation required for review of this condition. Buyer Comment (2026-01-16): COGS |
01/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000109174 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Notes provided (3) reflect 2 different addresses. Verify which Note is correct. Provide a destroyed Note Affidavit for the incorrect Notes. Additional exceptions may apply. | Reviewer Comment (2026-01-17): destroyed Note affidavit
received. Buyer Comment (2026-01-16): destroyed note affidavit |
01/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000425 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-03-31): Accepted as is. |
03/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AL | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000425 | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Management Company (Appraisal Review). Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Sufficient Cure is provided. | Reviewer Comment (2026-03-31): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | A | A | A | A | A | AL | Primary | Purchase | Final CD evidences Cure | C | B | C | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000425 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception to allow S/E bank statement income with <2 years S/E history. Borrower is licensed as financial planner and provides tax preparation services as well. Compensation Factors were not provided. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-31): Client exception
received. |
03/31/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | AL | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000425 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-03-31): Accepted as is. |
03/31/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AL | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000425 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Residual income of $XXXX is less than required $XXXX per guidelines. | Borrower has verified disposable income of at least
$2500.00. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-07): Client exception
received. Buyer Comment (2026-04-07): Exception for residuals |
04/07/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | AL | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000119123 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Qualifying assets of $XXXX is less than cash from borrower of $XXXX. Unable to source the EMD in the amount of $XXXX. | Reviewer Comment (2026-04-09): Received evidence of $XXXX
EMD receipt Seller Comment (2026-04-09): Comment from XXXX (XXXX): Hello, please see attached, thank you. Reviewer Comment (2026-04-09): The bank statement confirms a $XXXX withdrawal; however, it does not evidence the funds being transferred to the title/escrow account. Please provide wire confirmation for the $XXXX earnest money deposit. Exception remains. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Hello, please see the attached Transaction History showing that the Borrower wired $XXXX to title on XXXX for final funds. Therefore, this amount should be added to the balance, making it a total of $XXXX balance for the XXXX #XXXX account. Therefore, the Borrower has demonstrated sufficient funds, thank you. Reviewer Comment (2026-04-07): Please provide the sourcing of the XXXX EMD. Seller Comment (2026-04-06): Comment from XXXX (XXXX): Hello, please kindly see the attached 1008 and 1003 showing a total verified assets of $XXXX + EMD $XXXX. Thank you. Reviewer Comment (2026-04-06): Total assets that we calculate are $XXXX. Reviewer Comment (2026-04-06): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of $XXXX is less than Cash From Borrower $XXXX. Seller Comment (2026-04-03): Comment from XXXX (XXXX): Hello, please see the attached Purchase Contract Pg.17 and PCCD showing EMD is $XXXX. Please note that the Cash to Close on the PCCD is $XXXX and our total assets amount is $XXXX. Therefore, we have demonstrated sufficient assets. Thank you. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000119123 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy is within XXXX or XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-04-01): Accepted as is. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000119123 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-04-01): Accepted as is. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000119123 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-06): Clearing based on review
coming back within tolerances. |
04/06/2026 | No | 1 | A | A | A | A | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXX | 4000120774 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal Notice is missing. | Reviewer Comment (2026-04-01): Accepted as is. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000116073 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-06): Clearing based on review
coming back within tolerances. |
04/06/2026 | No | 1 | A | A | A | A | A | NY | Investment | Purchase | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 4000121882 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-07): Clearing based on review
coming back within tolerances. |
04/07/2026 | No | 1 | A | A | A | A | A | TX | Investment | Refinance - Rate/Term | A | A | A | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 2000000437 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal was delivered to borrower was not provided | Reviewer Comment (2026-04-01): Accepted as is. |
04/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000437 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Sufficient cure provided for appraisal fee increase. Exception will be revisited once all other tolerance violations is addressed. | Reviewer Comment (2026-04-02): Sufficient cure provided.
Full cure amount for tolerance violation was provided at or before closing
(on final CD) resulting in a cleared exception. Buyer Comment (2026-04-01): CD line J for the 140.000 Cure |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000437 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-02): XXXX Received Valid COC
dated XXXX along with LE. |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000437 | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-02): Sufficient Cure Provided At
Closing |
XXXXX | No | 1 | A | A | A | A | A | IL | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | A | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||||||||
| XXXXX | 4000119499 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-10): Cleared based on review
coming back within tolerances |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000119499 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided. | Reviewer Comment (2026-04-03): Received, Clearing. Seller Comment (2026-04-03): Comment from XXXX (XXXX): TC |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000119499 | XXXXX | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance is required and must equal 6 months of rental. | Reviewer Comment (2026-04-03): Received, Clearing. Seller Comment (2026-04-03): Comment from XXXX (XXXX): RLI |
04/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000119499 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Reviewer Comment (2026-04-09): Received Business Purpose
Certificate. Exception cleared. Seller Comment (2026-04-09): Comment from XXXX (XXXX): Updated BPOC Reviewer Comment (2026-04-03): Received Occupancy cert. Exception remains. Seller Comment (2026-04-03): Comment from XXXX (XXXX): OA |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000515 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-02): Accepted as is. |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OK | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000515 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower | Reviewer Comment (2026-04-20): XXXX received Letter of
Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-04-17): LOE Reviewer Comment (2026-04-17): XXXX Received Corrected PCCD, Refund Check and Proof of Mailing; however, unable to locate LOE to borrower. Provide LOE to borrower. Buyer Comment (2026-04-16): fed ex# Reviewer Comment (2026-04-16): Since the cure requires proof of delivery, the envelope with the mailing address doesn't show it was delivered. In cases where it was mailed and proof of delivery of regular mail isn't available, they would accept the cancelled check to show the borrower received it or a signed LOE from the borrower stating it was received and when they received it. Buyer Comment (2026-04-16): Above the check there is an envelope with a stamp on it with borrowers address. they mailed the check. Reviewer Comment (2026-04-16): XXXX received copy of refund check, but missing proof of mailing in the trailing image to verify the cure package was delivered to the borrower. Proof of mailing is required to cure this exception. Buyer Comment (2026-04-15): Check and proof of mailing Reviewer Comment (2026-04-13): XXXX received PCCD and LOE. Missing copy of refund check & proof of mailing. Please provide copy of refund check & proof of mailing to cure the exception. Reviewer Comment (2026-04-07): XXXX is unable to determine from the file whether the lender or title company required the survey. If the lender required, the survey fee then a cure is due to the borrower. If the borrower-chosen service provider further outsourced the Survey Fee, an attestation from the seller is needed. The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected. Buyer Comment (2026-04-06): the survey fee is a can and did shop fee - it's not subject to tolerance because a survey provider was listed on the SSPL and the borrower chose a different survey provider. |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | OK | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | C | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000515 | XXXXX | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | E-Sign Consent Agreement is missing in file. | Reviewer Comment (2026-04-06): Received E-Sign Consent
Agreement. Exception cleared. |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000515 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Provide first payment letter to verify payment amount for new financing. | Reviewer Comment (2026-04-06): The property closed in the
name of a business, cleared Buyer Comment (2026-04-06): The property is in the LLC |
04/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Purchase | C | B | C | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000097854 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-09): Clearing based on review
coming back within tolerances. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000097854 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-04-02): Accepted as is |
04/02/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000106410 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Clearing based on review
coming back within tolerances. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000488 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | Reviewer Comment (2026-04-06): Accepted as is. |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000488 | XXXXX | Credit | Credit | Credit Documentation | Guideline | Missing Document: Asset not provided | Final Closing Statement or executed Sales Contract is missing for REO Pending Sale. | Reviewer Comment (2026-04-07): Received, Clearing. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000488 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is living Rent Free and including Rent Free period in housing history. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-06): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
04/06/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 2000000369 | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | HOA is missing. | Reviewer Comment (2026-04-07): LOX provided. Cleared. |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000369 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-04-06): Accepted as is. |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000454 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-06): Accepted as is. |
04/06/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000122143 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Clearing based on review
coming back within tolerances. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000122143 | XXXXX | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance coverage about is $XXXX. The Loan amount is $XXXX. Coverage is sufficient. | Reviewer Comment (2026-04-14): Received Replacement Cost
Estimator. Exception cleared. Seller Comment (2026-04-14): Comment from XXXX (XXXX): Please advise, description indicates coverage amount sufficient. Reviewer Comment (2026-04-08): File did not contain an estimated cost to replace from the insurer. Calculations are based on XXXX% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient at $XXXX. Exception remains. Seller Comment (2026-04-08): Comment from XXXX (XXXX): XXXX POC and EOI Reviewer Comment (2026-04-08): There is coverage shortfall of $XXXX. Required Replacement cost estimator. Exception remains. Seller Comment (2026-04-07): Comment from XXXX (XXXX): HOI |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000122143 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Employer Identification Number (EIN) not provided | Employer Identification Number (EIN) is missing. | Reviewer Comment (2026-04-07): Received Employer
Identification Number (EIN). Exception cleared. Seller Comment (2026-04-07): Comment from XXXX (XXXX): EIN uploaded-uploaded under Misc Docs |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000119681 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000513 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Second (signature) page of the PPP Note Addendum is missing. | Reviewer Comment (2026-04-08): Received, Clearing. Buyer Comment (2026-04-08): PPP note |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 2000000513 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-07): Accepted as is. |
04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Purchase | C | B | C | A | B | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 2000000453 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Provided Prior to Date Performed | ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Investment | Purchase | B | B | A | A | B | B | A | A | Non QM | N/A | No | ||||||||||||
| XXXXX | 2000000506 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 2000000506 | XXXXX | Compliance | Compliance | Federal Compliance | TILA | TILA - Impermissible Prepayment Penalty | Truth in Lending Act (Dodd-Frank 2014): Covered transaction contains impermissible prepayment penalty. | Reviewer Comment (2026-04-10): Business purpose letter
received |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | N/A | N/A | No | ||||||||||||
| XXXXX | 2000000506 | XXXXX | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability to Repay – Bank Statement Guidelines Require 12 or more Months | Ability to Repay (Dodd-Frank 2014): Guidelines require 12 or more consecutive months bank statements. | 12 Month Bank Statement Program. | Reviewer Comment (2026-04-10): Business purpose letter
received |
04/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 2000000506 | XXXXX | Compliance | Compliance | Federal Compliance | TRID | TRID Final Closing Disclosure Prepayment Penalty Amount | TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XXXX with a prepayment payment disclosed the maximum prepayment penalty amount that does not match the actual maximum amount for the loan. | The prepayment penalty amount on the Final Closing Disclosure does not match the actual prepayment penalty for the loan. | Reviewer Comment (2026-04-17): PCCD received reflecting
correct PPP max. TRID exception no longer valid as loan was previously review
as consumer purpose but is actually for business purpose Reviewer Comment (2026-04-17): Re-opened Reviewer Comment (2026-04-08): Accepted as is. |
04/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Investment | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | B | C | B | A | A | N/A | N/A | Yes | ||||||||||
| XXXXX | 2000000506 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | NSFs exceed allowable per guidelines. | Borrower has owned the subject property for at least 5
years. Borrower has verified disposable income of at least $2500.00. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client exception
received. Buyer Comment (2026-04-09): Exception form |
04/09/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 2000000502 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Verification appraisal was delivered to borrower was not provided. | Reviewer Comment (2026-04-07): Accepted as is. |
04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CO | Primary | Refinance - Rate/Term | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 2000000502 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-04-23): Received, Clearing. Reviewer Comment (2026-04-23): . Reviewer Comment (2026-04-07): Accepted as is. |
04/23/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Rate/Term | C | B | B | A | C | B | A | A | Non QM | Non QM | No | |||||||||||||
| XXXXX | 2000000502 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Appraisal desk review added without a valid change of circumstance. No cure was provided | Reviewer Comment (2026-04-15): XXXX received valid COC
document Buyer Comment (2026-04-14): The reason the UW asked for the desk review is because the 1st appraisal came back with a CU score over 2.5. CDA is required. See attached Fannie UDCP Reviewer Comment (2026-04-14): XXXX received COC dated XXXX, however we require additional information why UW requested for desk review. Please provide additional sufficient information or cure is required. Cure documents consist of PCCD, LOE, proof of mailing & copy of refund check. Buyer Comment (2026-04-13): COCs |
04/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000502 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX . $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Second appraisal fee added without a valid change of circumstance. No cure was provided | Reviewer Comment (2026-04-23): XXXX received Letter of
Explanation, Proof of Delivery, Refund check & Corrected CD Reviewer Comment (2026-04-23): XXXX received LOE to borrower, Copy of Refund Check, proof of mailing, Corrected CD. XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure. Buyer Comment (2026-04-22): Check, CD, LOE, Fed ex Reviewer Comment (2026-04-20): The email is insufficient. Per TRID Grid 4.0, Appendix, Row 14 there is a distinction between sufficient and insufficient reason for change and some specifics in regard to borrower request documentation. To illustrate, see examples of sufficient vs. insufficient COC reasons: Recording Fee - Insufficient - Received invoice reflecting a higher amount- Sufficient - Recording fee increased by $XXXX due to addition of a POA requested by borrower on [date]; or County recorder's office increased its fees after initial disclosure. Appraisal Fee- Insufficient - Market fluctuations; or Borrower Requested change (with no additional documentation); or Loan Program/Investor Change (with no additional information); or Appraisal Rush or Reinspection order/invoice received (with no additional information) - Sufficient - Appraiser discovered that home was PUD rather than SFR and notified borrower of $XXXX increase in appraisal cost on [date]; or Borrower email documenting request for appraisal rush on [date]; or Appraisal came in lower resulting in higher LTV. Borrower no longer qualifies for the same investor program due to LTV. New program/investor determined on [date] requires AVM increasing appraisal cost. Please provide a dated copy of a conversation log indicating the borrower requested a rush on the appraisal. Buyer Comment (2026-04-17): Email from Seller - the COC has the rush on there which the borrower signed. Reviewer Comment (2026-04-16): XXXX received lender comment that borrower requested rush. Please provide the supporting documentation evidencing the consumer's request of the rush appraisal, such as lender's emails and system notes from borrower to support. Buyer Comment (2026-04-16): The borrower requested the rush - from seller Reviewer Comment (2026-04-16): XXXX received Changed Circumstance dated XXXX, but it does not give sufficient information on why the rush fee was requested. In order to determine if the changed circumstance is valid more information is necessary on reason fee increased and when lender became aware of the change. A valid COC or cure is required. Cure documents consist of PCCD, LOE, proof of mailing and copy of refund check. Buyer Comment (2026-04-15): COC |
XXXXX | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Primary | Refinance - Rate/Term | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | C | B | B | A | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000529 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Reviewer Comment (2026-04-08): Received Flood Certificate.
Exception cleared. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||||
| XXXXX | 2000000529 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-07): Accepted as is. |
04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Investment | Refinance - Cash-out - Other | C | B | C | A | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000122802 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122802 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | The Hazard Insurance Policy Effective Date is after the later of the disbursement. | Reviewer Comment (2026-04-13): As per PCCD received,
Disbursement Date is XXXX. Hazard Insurance Policy Effective Date is same as
the Disbursement Date. Exception cleared. Seller Comment (2026-04-13): Comment from XXXX (XXXX): Hello, Please see attached |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000523 | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary Title Report does not list coverage amount. | Reviewer Comment (2026-04-07): Accepted as is. |
04/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 2000000543 | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Reviewer Comment (2026-04-08): Received Hazard Insurance
Policy. Exception cleared. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000543 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement provided was not exectued. | Reviewer Comment (2026-04-13): Received, Clearing. Buyer Comment (2026-04-13): Executed XXXX Buyer Comment (2026-04-13): Executed Reviewer Comment (2026-04-11): The operating agreement and corporate resolution were not in the documents received. |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000543 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Corporate Resolution provided was not executed. | Reviewer Comment (2026-04-13): Received, Clearing. Reviewer Comment (2026-04-11): The operating agreement and corporate resolution were not in the documents received. |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000122061 | XXXXX | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Reviewer Comment (2026-04-08): As per PCCD received,
Disbursement Date is XXXX. Hazard Insurance Policy Effective Date is same as
the Disbursement Date. Exception cleared. Seller Comment (2026-04-08): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000122061 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000122061 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-08): Accepted as is. |
04/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122061 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000119093 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal report dated XXXX is missing evidence of borrower receipt. | Reviewer Comment (2026-04-09): Accepted as is. |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000119093 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary title policy within XXXX does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-04-09): Accepted as is. |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000121911 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-04-09): Accepted as is. |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000121911 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-09): Accepted as is. |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000121046 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Appraisal report dated XXXX is missing evidence of borrower receipt. | Reviewer Comment (2026-04-09): Accepted as is. |
04/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000494 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Access to funds not provided for account #XXXX. | Reviewer Comment (2026-04-13): Received Evidence of Access
to Funds. Exception cleared. Buyer Comment (2026-04-13): Business operating agreement and seperation agreement |
04/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000494 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Access to funds not provided for account #XXXX. | Reviewer Comment (2026-04-14): Received Operating Agreement
confirming borrower's ownership in the business. Exception cleared. Buyer Comment (2026-04-14): Why was this one not cleared and the other one was. I gave business docs. |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000494 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Access to funds not provided for account #XXXX. | Reviewer Comment (2026-04-14): Received Operating Agreement
confirming borrower's ownership in the business. Exception cleared. Buyer Comment (2026-04-14): Operating agreement Buyer Comment (2026-04-14): I uploaded the business docs on the condition you cleared. |
04/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000531 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Please provide Operating Agreement for XXXX. | Reviewer Comment (2026-04-17): Received Operating
Agreement. Exception cleared. Reviewer Comment (2026-04-10): Provided Operating Agreement for XXXX. Please provide Operating Agreement for XXXX. Exception remains. |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000120667 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000121330 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Preliminary Title Policy does not list coverage amount. | Reviewer Comment (2026-04-10): Client elects to waive |
04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000121330 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-04-10): Client elects to waive |
04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000121707 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000462 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-13): Accepted as is. |
04/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000121893 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000114802 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The property has been leased by the same tenant for 10 years. The borrower and tenant do not create a new lease for each renewed term; they have edited the original lease. The appraisal shows tenant occupied, and we have recent evidence of current rents. The XXXX on the appraisal came in at $XXXX; the tenant is charged $XXXX. Receipt of rent is for $XXXX (which was used for the DSCR calculation). The tenant sends in $XXXX as they completed house repair out of pocket, so the borrower agreed to lower the rent to $XXXX from $XXXX to compensate for the repair. Approved with FICO 20+ points higher, reserves well over required amount, long-term tenant, and investment property ownership. | Borrower has owned the subject property for at least 5
years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
SitusAMC SitusAMC |
Reviewer Comment (2026-04-15): Lender exception approved |
04/15/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000114802 | XXXXX | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file. | Reviewer Comment (2026-04-15): Accepted as is. |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000114802 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000122320 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-04-15): Accepted as is. |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122320 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000120168 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000567 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Operating Agreement not provided | Operating Agreement is missing. | Reviewer Comment (2026-04-16): Received, Clearing. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000122321 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-04-15): Accepted as is. |
04/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122321 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Security Agreement does not have a date on the signature/notary page. | Reviewer Comment (2026-04-16): Received, Clearing. Seller Comment (2026-04-15): Comment from XXXX (XXXX): Hello the PUD Rider, which is also part of the Security Instrument, clearly states that the Notary date is XXXX. Please see attached Pg. 25, thank you. |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000120917 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000120917 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide Hazard Insurance Document with Premium amount for Subject Property. | Reviewer Comment (2026-04-17): Received hazard policy with
premium Seller Comment (2026-04-17): Comment from XXXX (XXXX): Please see uploaded EOI and corresponding invoice that was paid at closing showing full premium. |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000122954 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of appraisal is missing. | Reviewer Comment (2026-04-16): Accepted as is. |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122954 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-04-16): Accepted as is. |
04/16/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000122954 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-04-20): Loan has been removed from
the Enhanced Review per the client. |
04/20/2026 | No | 1 | A | A | A | A | A | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||||||||
| XXXXX | 4000123966 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-17): Accepted as is. |
04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000123966 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not found in file. | Reviewer Comment (2026-04-17): Accepted as is. |
04/17/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000533 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Articles of Organization/Formation not provided | Articles of Organization/Formation is missing for Borrower Business entity. | Reviewer Comment (2026-05-19): Received Articles of
Organization/Formation. Exception cleared. Reviewer Comment (2026-05-14): Articles of Organization/Formation not provided, Exception Remains. Reviewer Comment (2026-04-17): Please provide Articles of Organization for XXXX Buyer Comment (2026-04-17): Wrong entity please disregard Buyer Comment (2026-04-17): Already uploaded in your system - cert of formation and cert of fact. also attached Reviewer Comment (2026-04-17): Required Articles of Organization/Formation for XXXX. Exception remains. Buyer Comment (2026-04-17): Operating agreement is uploaded in your system |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000540 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-20): Accepted as is. |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000540 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-20): Accepted as is. |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Refinance - Rate/Term | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000653 | XXXXX | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Policy effective XXXX, which is after the note date XXXX | Reviewer Comment (2026-04-20): Updated policy provided.
Cleared. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000564 | XXXXX | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. | Borrower has owned the subject property for at least 5
years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-22): The client elects to waive.
The insurance is cash value and not a replacement cost policy, RCE does not
exist. Reviewer Comment (2026-04-20): File did not contain an estimated cost to replace from the insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient at $XXXX. |
04/22/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | GA | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 2000000579 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Donor Check not provided | Missing Donor Check for Gift Funds of $XXXX. | Reviewer Comment (2026-04-21): Received Deposit Receipt for
Gift Funds. Exception cleared. Buyer Comment (2026-04-20): Gift funds wire to escrow - EMD XXXX and closing funds XXXX |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000579 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-20): Accepted as is. |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | C | B | C | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000597 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-20): Accepted as is. |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000598 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-20): Accepted as is. |
04/20/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000112365 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Secondary valuation is missing. | Reviewer Comment (2026-04-23): Received, Clearing. Seller Comment (2026-04-23): Comment from XXXX (XXXX): SSR |
04/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NY | Investment | Purchase | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 4000112365 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The file was missing a copy of HUD/Closing Disclosure. | Reviewer Comment (2026-04-23): Received, Clearing. Seller Comment (2026-04-23): Comment from XXXX (XXXX): HUF |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | D | A | C | A | D | A | N/A | No | ||||||||||||||
| XXXXX | 2000000592 | XXXXX | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided | TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $13,987.20 exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. | Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-04-27): XXXX received valid changed
circumstance. Buyer Comment (2026-04-24): COC XXXX Reviewer Comment (2026-04-24): XXXX: The LE and CD dated XXXX that was provided in the trailing images was also provided in the original loan package and received valid COC dated XXXX. However, the discount point fee increase of $XXXX from $XXXX on CD dated XXXX (Please see doc ID D0685 & D1560) prior to the COC dated XXXX. Provide valid COC for the fee increased on XXXX CD or Cure would be due to borrower. |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | B | C | B | A | A | Non QM | Non QM | Yes | ||||||||||
| XXXXX | 2000000592 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Non-Sufficient Funds charges within the last 12 months on business bank statement loan. | Borrower has verified disposable income of at least
$2500.00. Borrower has worked in the same position for more than 3 years. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-23): Client exception
received. Buyer Comment (2026-04-22): Full exception |
04/23/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | D | B | D | B | C | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000592 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) | ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. | Reviewer Comment (2026-04-22): Accepted as is. |
04/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | D | B | D | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000592 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Signature Page 19 of 20 missing from document. | Reviewer Comment (2026-04-23): Received, Clearing. Buyer Comment (2026-04-23): DOT |
04/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Primary | Purchase | D | B | D | B | C | B | A | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 2000000614 | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | The verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-04-27): Accepted as is. |
04/27/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Primary | Purchase | B | B | A | A | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Credit | 1003 | Document Error | 1003 | Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. | - | PRA card is provided but it is expired. A renewed PRA is required. | Reviewer Comment (2026-05-04): Received an I-797 form
(Notice of Action) with valid extension dates. Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Hello, please see attached. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax cert is missing for property XXXX. | Reviewer Comment (2026-05-04): Received Property History
Report confirms the Tax verification for XXXX. Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Hello, please see attached. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Tax cert and HOA doc are missing for property 1XXXX. | Reviewer Comment (2026-05-04): Received HOA Verification
and a Property History Report confirms the Tax verification for XXXX.
Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Hello, please see attached. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | PRA card is provided but it is expired. A renewed PRA is required. | Reviewer Comment (2026-05-04): Received an I-797 form
(Notice of Action) with valid extension dates. Exception cleared. Seller Comment (2026-05-04): Comment from XXXX (XXXX): Hello, please see attached. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000122963 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | C | B | C | B | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000120118 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-01): Cleared based on review
coming back within tolerances |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000123376 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000123376 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Missing evidence that the appraisal fee in the amount of $XXXX was paid outside of closing. | Reviewer Comment (2026-04-30): Received POCB Invoice for
Appraisal Fee of $XXXX. Assets Available for Closing is sufficient to cover
Cash From Borrower. Exception cleared. Seller Comment (2026-04-30): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000123376 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Rate/Term | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| XXXXX | 4000123656 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-01): Cleared based on review
coming back within tolerances |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000123478 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
The Title Commitment or Preliminary title policy amount is blank. | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000123478 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type: Primary/XXXX) | Reviewer Comment (2026-04-28): Accepted as is. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000123478 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception for 5 overdraft fees on business bank statement within the last 12 months. Compensating factors are low LTV XXXX%, low DTI XXXX%, FICO XXXX. | Borrower has been employed in the same industry for more
than 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-28): Client elects to
waive/regrade with compensating factors. |
04/28/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| XXXXX | 4000121632 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2026-05-14): Received Certificate of Good
Standing, Exception Cleared. Seller Comment (2026-05-14): Comment from XXXX (XXXX): cert of good standing Reviewer Comment (2026-04-30): Guides require Certificate of Good Standing issued from the state in which the LLC or CORP is organized. The certificate cannot be dated more than 60 days prior to closing. Exception remains. Seller Comment (2026-04-30): Comment from XXXX (XXXX): As per the CPA review, the LLC filing receipt issued on XXXX and is considered new LLC, please review and advise |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000121632 | XXXXX | XXXXX | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. | Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. The representative FICO score exceeds the guideline minimum by at least 40 points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-30): Client elected to
waive/regrade with compensating factors. Lender exception provided. |
04/30/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| XXXXX | 4000110396 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-04): Cleared based on review
coming back within tolerances |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000118560 | XXXXX | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing is missing. | Reviewer Comment (2026-05-04): Received Business Entity
Listing. Exception cleared. Seller Comment (2026-05-01): Comment from XXXX (XXXX): Hi, State of XXXX does not have a Certificate of Good Standing, so can only verify the Business Entity is Active Thank you. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000118560 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-05): Clearing based on review
coming back within tolerances. |
05/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000584 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for 5 LLC owners, 4 of whom are on the loan. The lender exception form is not completed, please provide completed lender exception form. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. | SitusAMC | Reviewer Comment (2026-05-01): Client elected to
waive/regrade with compensating factors. Lender exception provided. Buyer Comment (2026-05-01): Full Exception |
05/01/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | NM | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 4000125733 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-05-06): Received mortgage statement
confirms that the monthly principal and interest, as well as taxes and
insurance, are escrowed. Supporting documentation has been received to verify
the remaining unverified amount of $XXXX for the property located at XXXX.
Exception cleared. Seller Comment (2026-05-05): Comment from XXXX (XXXX): Hello, the $XXXX/mo is the Property taxes amount. The UW noticed that the escrowed amount was too low to include both Hazard Insurance and Property Taxes. Therefore, they included the Property taxes into the DTI as worse case. Please see attached. Reviewer Comment (2026-05-03): As per Final 1003, monthly Insurance, Taxes, Association Dues etc of $XXXX for the property XXXX is included in DTI. Mortgage statement confirms that the monthly P&I and Taxes & Insurances are Escrowed. Please provide supporting documentation for the remaining unverified amount of $XXXX. Exception remains. Seller Comment (2026-05-01): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000125733 | XXXXX | XXXXX | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-05-06): Received Lease agreement and
Insurance Verification for the property located at XXXX. Exception
cleared. Seller Comment (2026-05-05): Comment from XXXX (XXXX): Hello, the $XXXX monthly amount is for the 2nd Insurance. Please see attached for the 2nd Insurance and the 2 Lease Agreements, thank you. Reviewer Comment (2026-05-03): As per Final 1003, monthly Rental Income of $XXXX and a monthly Mortgage Payment of $XXXX for the property XXXX is included in DTI. Note confirms that the P&I of XXXX, Taxes: $XXXX and Insurance:XXXX amounts has been verified from the supporting documentation. Please provide supporting documentation for the remaining unverified amount of $XXXX and Lease agreement to verify the monthly rental income of $XXXX. Exception remains. Seller Comment (2026-05-01): Comment from XXXX (XXXX): Hello, please see attached, thank you. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | N/A | No | |||||||||||
| XXXXX | 4000125733 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-01): Accepted as is. |
05/01/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | N/A | No | ||||||||||
| XXXXX | 4000125733 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-05-06): Clearing based on review
coming back within tolerances. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | B | C | A | B | B | A | A | Non QM | N/A | No | ||||||||||||
| XXXXX | 4000123907 | XXXXX | XXXXX | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Asset information not provided. | Reviewer Comment (2026-05-06): Received, Clearing. Seller Comment (2026-05-05): Comment from XXXX (XXXX): Hello, Please see attached settlement statements for cash flow and POC invoice |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| XXXXX | 4000124105 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | N/A | No | |||||||||||
| XXXXX | 4000124105 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Verification appraisal delivered to borrower was not provided. | Reviewer Comment (2026-05-05): Accepted as is. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Purchase | B | B | B | B | B | B | A | A | N/A | N/A | No | ||||||||||
| XXXXX | 2000000649 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | No fraud report was found in the file. | Reviewer Comment (2026-05-06): Received Fraud Report.
Exception cleared. |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000591 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note is missing the business entity name and the member title on the signature line. | Reviewer Comment (2026-05-11): Clearing based on email from
buyer that situation is acceptable. Reviewer Comment (2026-05-08): The Note must be signed by either the guarantor in their individual capacity and/or as member(s) and/or managing member of the entity. In cases where there will not be any individual capacity signatures, each applicable guarantor / manager must sign a Personal Guaranty in their individual capacity The Mortgage / Deed of Trust / security instrument should be signed by the applicable guarantor(s) of the entity in their capacity as member(s) and/or managing member of the entity Buyer Comment (2026-05-08): the borrower is signing as an individual on the note not in the LLC and title only is in the LLC name. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000591 | XXXXX | Credit | Business Purpose | General | Business Purpose | Personal Guarantor is required per Investor Guidelines | The PG received lists the LLC as the borrower not the note signer as required. | Reviewer Comment (2026-05-15): Cleared, received voided
guaranty. Note signer is an individual. Personal guarantor is not required |
05/15/2026 | No | 1 | A | A | A | A | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 2000000593 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note is missing the business entity name and the member title on the signature line. | Reviewer Comment (2026-05-11): Clearing based on email from
buyer that situation is acceptable. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000593 | XXXXX | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | The note is missing the business entity name and the member title on the signature line. | Reviewer Comment (2026-05-15): Personal guaranty not
required |
05/15/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000593 | XXXXX | Credit | Insurance | Insurance Documentation | Insurance | Rent loss insurance is required on all properties and there is no evidence of this insurance in the file. | Rent loss insurance for the subject property is required and must equal at least six (6) months of local average monthly rents. | Reviewer Comment (2026-05-11): Rent Loss provided.
Cleared. Reviewer Comment (2026-05-11): Reopened Reviewer Comment (2026-05-11): Clearing based on email from buyer that sitation is acceptable. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000593 | XXXXX | Credit | Business Purpose | General | Business Purpose | Personal Guarantor is required per Investor Guidelines | The PG received lists the LLC as the borrower not the note signer as required. | Reviewer Comment (2026-05-15): Cleared, received voided
guaranty. Note signer is an individual. Personal guarantor is not required |
05/15/2026 | No | 1 | A | A | A | A | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||||||||
| XXXXX | 2000000666 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Please provide an updated Note/Security Instrument with two signature lines per borrower: one for the Individual (Personal) and one for the business entity (Managing member). | Reviewer Comment (2026-05-11): Clearing based on email from
buyer that situation is acceptable. |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000667 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The note is missing the business entity name and the member title on the signature line. | Reviewer Comment (2026-05-11): Clearing based on email from
buyer that situation is acceptable. Reviewer Comment (2026-05-08): he Note must be signed by either the guarantor in their individual capacity and/or as member(s) and/or managing member of the entity. In cases where there will not be any individual capacity signatures, each applicable guarantor / manager must sign a Personal Guaranty in their individual capacity The Mortgage / Deed of Trust / security instrument should be signed by the applicable guarantor(s) of the entity in their capacity as member(s) and/or managing member of the entity |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000685 | XXXXX | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-05-13): Updated commitment
reflecting policy amount of $XXXX Reviewer Comment (2026-05-13): Reopened Reviewer Comment (2026-05-07): Accepted as is. |
05/13/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | MO | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||||
| XXXXX | 2000000685 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per appraiser, the property is a single family residence, however there is a lease for unit 1 and unit 2, which makes it appear to be a boarding house. Appraiser indicates its highest and best use is as a single unit property. | Reviewer Comment (2026-05-12): Received, Clearing. |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MO | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000607 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approved for not meeting tradelines requirements. The Lender exception form in the loan file is not completed. Provide completed Lender exception form. | Borrower's monthly reserves have been verified and exceed
the amount required based on the guidelines by at least 4 months. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-12): Client exception
received. Buyer Comment (2026-05-11): Exception form |
05/12/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||||
| XXXXX | 2000000535 | XXXXX | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Mortgage / Deed of Trust / security instrument should be signed by the applicable guarantor(s) of the entity in their capacity as member(s) and/or managing member of the entity | Reviewer Comment (2026-05-19): Received, Clearing. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000126415 | XXXXX | XXXXX | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: 2 | Reviewer Comment (2026-05-19): Received Freddie Mac UCDP Seller Comment (2026-05-19): Comment from XXXX (XXXX): Please kindly see attached for both pages, thank you. Reviewer Comment (2026-05-18): Received UCDP Submission Report not having CU/LCA Risk Score. Please Provide Secondary valuation or UCDP report with CU/LCA score is <=2.5. Exception remains. Seller Comment (2026-05-18): Comment from XXXX (XXXX): Please see attached, thank you. |
05/19/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Primary | Purchase | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||||
| XXXXX | 4000126415 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Reviewer Comment (2026-05-15): Client elects to waive |
05/15/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Purchase | D | B | A | A | B | B | D | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000126533 | XXXXX | XXXXX | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Evidence: ___; State: ___ |
Preliminary Title does not list coverage amount. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 4000126533 | XXXXX | XXXXX | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. | Receipt of Appraisal is missing. | Reviewer Comment (2026-05-19): Accepted as is. |
05/19/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Purchase | B | B | B | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| XXXXX | 2000000590 | XXXXX | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien was not found in file. | Reviewer Comment (2026-05-20): Received Security
Instrument. Exception cleared. |
05/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 4000104684 | XXXXX | XXXXX | Credit | Credit | Miscellaneous | Credit | Loan Selected for Enhanced Valuation Review | Reviewer Comment (2026-06-04): Cleared based on review
coming back within tolerances Reviewer Comment (2026-06-04): Reopened Reviewer Comment (2026-05-26): Clearing based on review coming back within tolerances. |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| XXXXX | 2000000716 | XXXXX | Credit | Missing Document | General | Missing Document | Missing Document: Legal Description not provided | Reviewer Comment (2026-05-21): Received Legal Description.
Exception cleared. |
05/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | C | A | C | A | A | A | N/A | No |