Exhibit 99.01
Schedule 2. Digital Risk Exception Report
| Loan Number | Loan ID | Finding # | Last Name | Note Date | DD Start Date | DD Delivery Date | Audit Category | Audit Issue | Finding ID | Exception Finding | Remediation Status | Exception Rebuttal | Exception Response | Status Comment | Compensating Factors | SOL Expiration Date | Initial Findings Grade | Final Findings Grade | Initial Loan Grade | Final Loan Grade |
| XXXX | 2160547 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | XXXX's points and fees exceed the Qualified Mortgage points and fees threshold. This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Lender Fee $XXXX, Points - Loan Discount Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2160547 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: Recording Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2160547 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan file is missing verification of hazard insurance for XXXX XXXX and proof of taxes and hazard insurance (if applicable) for XXXX Tillery totaling $XXXX/ XXXX as shown on the final XXXX in file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached Rebuttal 2 (XX/XX/XXXX XX:XXAM) Tax info Rebuttal 3 (XX/XX/XXXX XX:XXPM) HOI |
Response 1 (XX/XX/XXXX XX:XXPM) Still missing requested documentation for XXXX. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Still missing Insurance for XXXX. (XXXX) Response 3 (XX/XX/XXXX XX:XXAM) The premium is not reflected on the insurance document provided. (XXXX) Response 4 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) HOI uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2160547 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144845 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144845 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144845 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144850 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144850 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144850 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144836 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144836 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144836 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178925 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178925 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178925 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144864 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144864 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Minimum Reserves | XXXX | ?Assets were required in the amount of $XXXX ($XXXX XXXX + $XXXX funds due at closing + $XXXX reserves). Assets were verified in the amount of $XXXX (XXXX $XXXX + XXXX $XXXX + XXXX $XXXX) resulting in short reserves in the amount of $XXXX. The EMD could not be verified as the EMD check was written from the XXXX account after the statement close date. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXAM) Reserve shortage was within 10% of DU resubmission tolerance. (Void) |
1 | 1 | 3 | 1 | |||
| XXXX | 2144864 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144837 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144837 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144837 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144847 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144847 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144847 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144846 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144846 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144846 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144860 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144860 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144860 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | Value is not supported within 10% of original appraisal amount. The loan file did not contain a CDA, Field Review, or 2nd Appraisal to support the origination appraised value. The CU provided no hit. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) We have XXXX purchase price of $XXXX and appraised value of $XXXX. Also five like comparable properties all XXXX less than a mile with the same sold values with XXXX% LTV. There should not be a need for a 2nd appraisal or field review. |
Response 1 (XX/XX/XXXX XX:XXAM) At minimum, either a CU score of XXXX or less, or a CDA is required. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) CDA provided and supports original appraised value. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) dvr uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2144857 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144857 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144857 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144841 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144841 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144841 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144859 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144859 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144859 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144843 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144843 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144843 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144840 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144840 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144840 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144851 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144851 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan application reflects XXXX properties that were in process of being refinanced. An investment property at XXXX, paying off XXXX #XXXX with a monthly payment of $XXXX and the borrower’s primary residence at XXXX, paying off XXXX #XXXX with a monthly payment of $XXXX. DU condition number XXXX requires documentation to support the omission of these debts. Additionally, DU condition XXXX requires evidence to support the new monthly obligations associated with these properties. The loan file did not contain documentation to support the monthly payments utilized. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) CDs for both properties attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2144851 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score (no CU available XXXX unit) to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) DVR provided and supports original appraised value. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) dvr uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2144855 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144855 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan application reflects XXXX properties that were in process of being refinanced. An investment property at XXXX, paying off XXXX #XXXX with a monthly payment of $XXXX and the borrower’s primary residence at XXXX, paying off XXXX #XXXX with a monthly payment of $XXXX. DU condition number XXXX requires documentation to support the omission of these debts. Additionally, DU condition XXXX requires evidence to support the new monthly obligations associated with these properties. The loan file did not contain documentation to support the monthly payments utilized. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2144855 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | Value is not supported within 10% of original appraisal amount. The loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score (no CU available XXXX unit) to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached LOE |
Response 1 (XX/XX/XXXX XX:XXPM) Subject loan is being sold to an investor to be securitized and the rating agencies require a valuation product to support the original appraised value. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) dvr uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2144862 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144862 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144862 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144863 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144863 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144863 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144848 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144848 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144848 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144844 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144844 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144844 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144852 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144852 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Cash to Close | XXXX | The guidelines require any large deposit > $XXXX to be sourced/documented. The asset statement for the XXXX (#XXXX) account reflects a deposit of $XXXX on XX/XX/XXXX that was not sourced. Backing out the $XXXX deposit would create an asset shortage of $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Came from XXXX account |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2144852 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144839 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144839 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C33 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive. |
Response 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive based on compensating factors. (Waived) |
Comp factors - XXXX and Reserves $XXXX. | 3 | 2 | 3 | 2 | ||
| XXXX | 2144839 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Credit Report - Other | XXXX | The mortgage statement for XXXX XXXX XXXX XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144839 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144858 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144858 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C33 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive. |
Response 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive based on compensating factors. (Waived) |
Comp factors - XXXX and Reserves $XXXX. | 3 | 2 | 3 | 2 | ||
| XXXX | 2144858 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | The loan file is missing verification of PITIA for XXXX XXXX XXXX XXXX XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144858 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144838 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144838 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Credit Report - Other | XXXX | The subject property was located in Flood Zone A and required flood insurance coverage. The Flood insurance application was provided and the annual premium was paid on the Closing Disclosure. The application reflected a building coverage of $XXXX. The application referenced a replacement cost returned by FEMA of $XXXX and Note amount was $XXXX. Per FNMA guidelines flood insurance minimum coverage required is XXXX% of the replacement cost value of improvements, maximum coverage amount available from NFIP or the loan amount at the time of origination. The file did not contain the final flood insurance policy and the amount of coverage listed on the application was not sufficient coverage for the subject transaction. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached Rebuttal 2 (XX/XX/XXXX XX:XXAM) See attached |
Response 1 (XX/XX/XXXX XX:XXAM) $XXXX flood coverage amount is not sufficient. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2144838 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2144853 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144853 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144853 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144854 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144854 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144854 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2144849 | 1 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144849 | 2 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C33 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive. |
Response 1 (XX/XX/XXXX XX:XXPM) Investor approved to waive based on compensating factors. (Waived) |
Comp factors - XXXX and Reserves $XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2144849 | 3 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | The most recent mortgage statement for XXXX XXXX XXXX XXXX XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144849 | 4 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | The most recent mortgage statement for XXXX XXXX is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144849 | 5 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Title Commitment - Missing/Incomplete | XXXX | The title commitment for the subject property is missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144849 | 6 of 6 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144861 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2144861 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan approval and loan application indicated there was homeowner’s association fees of $XXXX per month; however, the loan file did not contain documentation verifying this information. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) HOI attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2144861 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2144856 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2144856 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2144856 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2178938 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178938 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Minimum Reserves | XXXX | Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. XXXX required verification of $XXXX in reserves. The loan file only included a XXXX checking account balance of $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Assets |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178938 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided supports the value within 10%; however, the confidence score was <XXXX at XXXX%. CDA required. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the value within 10%; however, the confidence score was <XXXX at XXXX%. CDA required. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2178935 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178935 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178935 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178937 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178937 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178937 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178940 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178940 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Appraisal fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) COC for appraisal increase Rebuttal 2 (XX/XX/XXXX XX:XXAM) Cure |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to cure the finding. Increasing the XXXX fee strictly due to receiving the XXXX is not an acceptable reason without more details. The Invoice does not state a reason for the increase. A detailed reason/COC stating why the Appraisal fee increased is required. A cost to cure in the amount of $XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178940 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178940 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2182156 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fee was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) COC Rebuttal 2 (XX/XX/XXXX XX:XXPM) Cure docs |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to cure the finding. The COC provided on XX/XX/XXXX for the XXXX increase does not state a reason for the increase. A detailed reason/COC stating why the appraisal fee increased is required. A cost to cure in the amount of $XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2182156 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2182156 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178933 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178933 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178933 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA risk score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178934 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR 1026.43(e)(1)(ii) | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178934 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178934 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
1 | 1 | 1 | 1 | |||
| XXXX | 2178929 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178929 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178929 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. LCA score is XXXX and there is no other valuation product in file. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178927 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Lender Fee and Loan amount points. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Points and Fees |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178927 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178927 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178928 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178928 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Pay Stubs | XXXX | We are using self-employed income where the borrower is less than XXXX% owner. To be able to use this income to qualify the borrower we need supporting income from the businesses showing YTD income received to support the income we are using from the k1's provided. There are no current paychecks provided to support receipt of income received. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Freddie states that if YTD information cannot be provided the seller could document the income stability without it. Provided are XXXX yrs of k-XXXX’s to support the income distributions and continuance as well. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178928 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178932 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178932 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178932 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided does not support the value within 10% and the confidence score was .XXXX. CDA required (Upheld) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the value within 10% and the confidence score was .XXXX. CDA required (Upheld) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2178939 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178939 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. Loan file is missing documentation to support the monthly PITIA of $XXXX for XXXX XXXX and $XXXX per month for XXXX XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Other properties Rebuttal 2 (XX/XX/XXXX XX:XXPM) Tax bill |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received for XXXX. HOI policy received for XXXX with a monthly premium of $XXXX, however the tax bill for XXXX was not provided. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178939 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) HOI |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178939 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178941 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178941 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178941 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178943 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR1026.43(e)(1)(ii) | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178943 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178943 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA Risk score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178930 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR 1026.43(e)(1)(ii) . | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178930 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178930 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178942 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178942 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) CD delivery |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178942 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178942 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Quality Control Summary Rebuttal 2 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) Document provided does not appear to be an AVM. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178926 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | this loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR1026.43(e)(1)(ii) | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178926 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178926 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178944 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178944 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178944 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178931 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Int CD and eConsent |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178931 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - LE/Revised LE Delivery Date (prior to consummation) | XXXX | The loan failed the Revised Loan Estimate delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. 12 CFR 1026.19(e)(4)(ii). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX LE and eConsent |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178931 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178931 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | Value is supported within 10% of original appraisal amount. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178936 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: XXXX fee and XXXX fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Points and Fees |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
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| XXXX | 2178936 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178936 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178936 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is 1. AVM provided post-closing which did not support the value; however, CU score obtained at origination supports the value. A DVR dated XX/XX/XXXX was provided that supports the appraised value. Since this was the second valuation product, per the rating agencies this is graded an EV2. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2152590 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152590 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152590 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160353 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The method by which the notary acknowledged the borrower signatures is not checked on page XXXX of XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) see attached intent to rerecord. |
Response 1 (XX/XX/XXXX XX:XXAM) The documents provided are sufficient to clear the finding. (Resolved) |
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| XXXX | 2160353 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160353 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152595 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152595 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152595 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160354 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160354 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160354 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score - XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152589 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152589 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152589 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. A CDA dated XX/XX/XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160342 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Title Examination Fee and Title - Binder Prep Fees. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) PCCD |
Response 1 (XX/XX/XXXX XX:XXAM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2160342 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2160342 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraisal value. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2160356 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Application $XXXX, Appraisal Management/Review $XXXX, Loan Discount Points $XXXX and Validation Services $XXXX. If discount points and fees are bona-fide and excludable, please provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) We are not exceeding Bona Fide. See attached. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
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| XXXX | 2160356 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2160356 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). A valid change of circumstance was not provided in the loan file; therefore, the increase to the following fee was not accepted: State/City/County Tax Stamps on the revised CD issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required, of which $XXXX was cured on the final CD. If curing the violation with a refund, the following documents are required: LOE to consumer, PCCD, copy of the refund and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) We are not getting the cure amount referenced in this condition. We are showing $XXXX was disclosed, transfer taxes are XXXX. Cure amount would be $XXXX of which XXXX was cured leaving XXXX needing to be refunded. Please advise Rebuttal 2 (XX/XX/XXXX XX:XXAM) see attached pccd with check. |
Response 1 (XX/XX/XXXX XX:XXPM) The loan has a XXXX% violation in the amount of $XXXX for the increase to the Recording fee and a XXXX% violation in the amount of $XXXX, XXXX for the increase to the Transfer Taxes and Credit report. A reimbursement of $XXXX, XXXX was issued to the borrower. $XXXX was used applied to cure the XXXX% violation. A remaining cure in the amount of $XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2160356 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2160356 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contained a CDA, dated XX/XX/XXXX, validating the appraised value of $XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2152594 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152594 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152594 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. A CU Score was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) CDA |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 1 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX% | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175379 | 2 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | There are additional observations that could impact the credit decision and/or quality of the loan. The subject loan closed in a Trust; however, the loan file did not contain Trust documentation as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) trust docs |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 3 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The Transmittal reflects XXXX comments there were XXXX concurrent loans that closed simultaneously on other owned rental properties (XXXX, XXXX, and the subject); however, the loan file did not contain documentation verifying the full PITIA for the other new loans as required to determine the qualifying DTI. ***additional conditions may apply*** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX, XXXX, and XXXX Rebuttal 2 (XX/XX/XXXX XX:XXAM) See attached CDs. You already have all other expense docs from previous upload. |
Response 1 (XX/XX/XXXX XX:XXPM) Loan Estimates are not sufficient. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 4 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Business Tax Returns | XXXX | The origination underwriter calculated the borrowers monthly qualifying income as $XXXX. Copies of signed XXXX federal business income tax returns (including all schedules and K1s) were not obtained or were not properly retained in the file for the businesses XXXX and XXXX as required. As a result the audit income based on the limited loan file income documentation is $XXXX per month, increasing the DTI from XXXX% to XXXX%, which exceeds maximum guidelines. ***additional conditions may apply *** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX XXXX and XXXX returns |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 5 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Tax Return Documentation Incomplete | XXXX | The origination underwriter calculated the borrowers monthly qualifying income as $XXXX. Tax returns for the previous XXXX year (including all schedules and XXXX forms) were not obtained or were not properly retained in the file. As a result the audit income based on the limited loan file income documentation is $XXXX per month, increasing the DTI from XXXX% to XXXX%, which exceeds maximum guidelines. ***additional conditions may apply *** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX w2s, transcript, XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 6 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VOE Self-Employed/Missing | XXXX | A VOE is missing from the loan file. The loan file is missing a Verification of Self-Employment for the borrower for the businesses XXXX and XXXX as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) google search and business filings Rebuttal 2 (XX/XX/XXXX XX:XXAM) see attached with dates |
Response 1 (XX/XX/XXXX XX:XXPM) Searches do not contain dates. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2175379 | 7 of 7 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. The loan file did not contain a CDA. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Our guidelines do not require a CDA or like product for XXXX. It is for UW to review. See our attached policy Rebuttal 2 (XX/XX/XXXX XX:XXPM) Our guidelines do not require a CDA or like product for XXXX. It is for UW to review. See our attached policy |
Response 1 (XX/XX/XXXX XX:XXPM) Policy not received. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Guide does not meet valuation securitization requirements. CU of XXXX or higher requires a CDA. (XXXX) Response 3 (XX/XX/XXXX XX:XXAM) DVR not received. (XXXX) Response 4 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) dvr uploaded XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
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| XXXX | 2160343 | 1 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160343 | 2 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | The total debts used at origination were not supported. Total consumer debt included in the origination was $XXXX. The following debts were not verified as required: XXXX/hard money mortgage on the subject was paid at closing in the amount of $XXXX. XXXX revolving account ending in # XXXX was paid at closing in the amount of $XXXX. XXXX revolving account ending in #XXXX with a balance of $XXXX and monthly payment of $XXXX was included in the total consumer debts included in the DU DTI of XXXX%. Documentation to support the actual payoff of XXXX/hard money loan to insure this amount paid mortgage in full was not provided. The origination credit reflected the balance on the XXXX #XXXX was $XXXX. Documentation to support the lower amount paid at closing of $XXXX was not provided. The origination credit reflected the XXXX balance was $XXXX and payment of $XXXX in lieu of the $XXXX balance and payment used at origination. Without documentation to support XXXX and XXXX balances paid and the updated XXXX payment was lower than the credit information, the DTI would be excessive. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX CD shows XXXX Employee CU paid. Credit supplement shows the current balance of the XXXX and XXXX balances and monthly payments. Also, the XXXX docs are included as well. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2160343 | 3 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan application reflected borrower owned property located on XXXX and reflected housing expenses for a total of $XXXX per month. Additionally, loan application reflected additional property located on XXXX with a new mortgage opened in Dec. XXXX with XXXX with a monthly payment of $XXXX plus additional housing expenses of $XXXX monthly. Documentation to support the XXXX mortgage on XXXX and the monthly housing expenses for both XXXX and XXXX was not provided as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX property sheet confirms that this is Land Only along with tax amount. Also, expense docs are included for XXXX. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2160343 | 4 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Excluded Debts | XXXX | The DU reflected XXXX credit card with a balance of $XXXX was omitted from the liabilities. The XXXX provided indicated this account was paid by the borrower's business and that proof of XXXX months of payments made by the business were provided to support the omission. The XXXX months of payments made by the business were not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) The account is paid by the Business. See attached XXXX months bank statements |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2160343 | 5 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VOR | XXXX | The final XXXX reflected borrower was renting his current primary residence with a monthly payment of $XXXX. The DU required rental expense to be verified with either a direct verification from a management co. or individual landlord with XXXX months canceled checks or equivalent payment source. Required documentation was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) see attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2160343 | 6 of 6 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2164852 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2164852 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2164852 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) The Appraisal was underwritten per XXXX guidelines for XXXX loan. A secondary product is not required for SSR score of XXXX. Underwriter discretion. Rebuttal 2 (XX/XX/XXXX XX:XXPM) CDA report |
Response 1 (XX/XX/XXXX XX:XXAM) For securitization purposes, a supporting secondary valuation product is required. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2160355 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX , which exceeded: XXXX% of total loan amount $XXXX. The following fees were included in the testing: Application Fee, Loan Discount Points and Validation Services fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached coc. We are still exceeding by $XXXX. See PCCD, refund check, and updated mavent. Thanks. |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
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| XXXX | 2160355 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was notprovided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Appraisal fee, Credit Report, and Loan Discount Points. A cost to cure in the amount of $XXXX is required, of which $XXXX was cured at closing. There is a remaining cost to cure in the amount of $XXXX required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) See attached coc. We are still exceeding by $XXXX. See PCCD, refund check, and updated mavent. Thanks. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2160355 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Interested Party Contribution - Exceeds | XXXX | The Interested Party Contributions exceed allowable guidelines and cause the recalculated LTV to increase above program maximum allowed. The DU AUS approval was based on a XXXX% LTV/CLTV. The actual closing costs were $XXXX and the seller contributions were $XXXX, which exceeded by $XXXX. The adjusted LTV/CLTV is XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Our math shows total closing costs of $XXXX plus the propane charged in Section K on Page XXXX in the amount of $XXXX totaling $XXXX. How did you come up with $XXXX? Even if you use the $XXXX and add in $XXXX propane costs, the amount is still over the Seller Contribution amount. |
Response 1 (XX/XX/XXXX XX:XXAM) Explanation received is sufficient. (Resolved) |
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| XXXX | 2160355 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX; however, the loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) attached cda |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2152599 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152599 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Condo - Other | XXXX | There are additional observations that could impact the credit decision and/or quality of the loan. The final XXXX item #XXXX requires - This project does not currently have a fannie Mae decision in CPM. However, the lender currently has an active Certified by Lender status for this project in CPM with XXXX that expires on XXXX-XXXX-XXXX. Validate that this project and unit have the required insurance coverage as described in the selling guide. A valid Certified by lender statis is requires as of the note date, which does not apply if this transaction is eligible for and processed under the Limited Review or Waiver of Project Review. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Lender condo cert and ins |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152599 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152600 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152600 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Bank Statements | XXXX | The bank and/or asset statements are incomplete. the final XXXX has verified the XXXX balances for accounts ending in XXXX, XXXX and XXXX however the verification is not provided and per fannie mae guides the verification needs to be retained in the file. Provide the verification used at the time of the final run. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Finicity stmt XXXX, XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2152600 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. Rental income is being used for the current investment property however there are no supporting documents for this income provided. If we do not have the income the DTI increases from XXXX to XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Sche E was used to calculate rental income as accepted per AUS. Income calc sheet also attached. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152600 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160348 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160348 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160348 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160358 | 1 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160358 | 2 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Attached is a XXXX/XXXX COC LE, XXXX/XXXX coc LE, and the initial CD dated XXXX/XXXX. The appraisal fee was disclosed on the XXXX/XXXX COC LE. We only needed to cure the credit report which was included in the $XXXX credit on the Final CD. Also, the XXXX/XXXX cd is the final cd which is why it was signed at closing. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2160358 | 3 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No COC - Date Undeterminable) | XXXX | The loan failed the charges that cannot increase test. Although the increase may be valid, because a COC was not provided, auditor is unable to determine if the CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the increase to the following fees was not accepted: XXXX, Credit Report. A total cost to cure in the amount of $XXXX isrequired, of which $XXXX was cured at closing. A cost to cure in the amount of$XXXX remains. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Attached is a XXXX/XXXX COC LE, XXXX/XXXX coc LE, and the initial CD dated XXXX/XXXX. The appraisal fee was disclosed on the XXXX/XXXX COC LE. We only needed to cure the credit report which was included in the $XXXX credit on the Final CD. Also, the XXXX/XXXX cd is the final cd which is why it was signed at closing. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2160358 | 4 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The borrower owns a rental property on XXXX; however, the loan file did not contain documentation verifying the taxes and insurance as required to confirm the borrowers qualifying DTI. ***additional conditions may apply *** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) see attached Rebuttal 2 (XX/XX/XXXX XX:XXPM) The taxes and insurance are on the IRS 1040s schedule e. |
Response 1 (XX/XX/XXXX XX:XXAM) Only the mortgage statement documenting the principal and interest was provided. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Explanation and documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2160358 | 5 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | The file contains no evidence that the proper amount of mortgage insurance was obtained. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) see attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2160358 | 6 of 6 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160350 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160350 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160350 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2179389 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2179389 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Repairs | XXXX | The appraisal indicated repairs and improvements were required to support value, and no final inspection or evidence of completion was found in the file. The repairs listed that are needed to be reflected on a final inspection are correction of any exposed wiring as well as installation of smoke and carbon monoxide detectors. Exterior deterioration will need to be resolved. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) 1004D. Repairs completed |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2179389 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. There is no supporting documents provided for the following properties owned - (XXXX) XXXX - missing taxes and insurance documentation, (XXXX) XXXX - missing mortgage statement (confirm if escrowed) and if not escrowed missing taxes and insurance documentation, (XXXX) XXXX XXXX - missing taxes and insurance documentation. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached rebuttal |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2179389 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | FEMA | XXXX | XXXX completed reflecting a declared disaster after appraisal date. Incident period XX/XX/XXXX-XX/XX/XXXX. County is listed under individual assistance. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see inspection report |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2179389 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2165766 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165766 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165766 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165767 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165767 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165767 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178831 | 1 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | HOC - Late | XXXX | The Homeownership Counseling Disclosure (HOC) dated XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a)(1) | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2178831 | 2 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial LE date test, revised LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Title Fees and Recording Fees. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE Rebuttal 2 (XX/XX/XXXX XX:XXPM) cure |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The Initial LE has been provided and updated testing still results in a XXXX% tolerance violation. The following fees were added/increased without a valid COC: CPL $XXXX, XXXX Fee $XXXX, and Settlement Fee $XXXX. A cost to cure in the amount of $XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178831 | 3 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD/Lender Credits that Cannot Decrease (Disclosure Timing Fail) | XXXX | The loan failed the Lender Credits that Cannot Decrease Test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following increases: Lender Credit. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2178831 | 4 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial LE/Delivery Date (from application) | XXXX | The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2178831 | 5 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Administration Fee, Broker Fee, Tax Service, XXXX, XXXX Re-Inspection Fee, Credit Report, Flood Certification, MERS Registration Fee. A total cost to cure in the amount of $XXXX is required, of which $XXXX was cured at closing. A cost to cure in the amount of $XXXX remains.. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2178831 | 6 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178831 | 7 of 7 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM requested |
Response 1 (XX/XX/XXXX XX:XXAM) The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 1 | 3 | 2 | ||
| XXXX | 2171105 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171105 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Aged > 120 days | XXXX | The appraisal was > XXXX days at the time of closing with no updated value provided. XXXX was completed on XX/XX/XXXX and the loan closed XX/XX/XXXX - greater than the XXXX days. Appraiser must complete an appraisal update to include inspecting the exterior of the property and reviewing the current market data. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Unfortunately we did not order a 1004D. Can you please tell XXXX...will you accept a post-close XXXXD? If yes, I&#XXXX;ll order one right away. Thanks! Rebuttal 2 (XX/XX/XXXX XX:XXPM) XXXXD |
Response 1 (XX/XX/XXXX XX:XXAM) Yes. Please provide a post-close 1004D. (Upheld) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171105 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170991 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2170991 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan file does not contain verification of the property taxes and HOA dues for the borrower's primary residence. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2170991 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2175312 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175312 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175312 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM requested |
Response 1 (XX/XX/XXXX XX:XXAM) The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2187296 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187296 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | AUS - Invalid | XXXX | The AUS is invalid due to a miscalculation of debt resulting in a DTI outside of allowable tolerances. The loan file contains a primary housing lease agreement which reflects monthly rent of $XXXX per month; however, the AUS reflects the Lender qualified the Borrower based on a primary housing payment of $XXXX. Further, the AUS reflects the Lender calculated the Borrower's child support obligation in the amount of $XXXX weekly or $XXXX per month; however, the Borrower's paystub along with a Letter of explanation confirms the child support increased to $XXXX or $XXXX per month. The miscalculation of these debts resulted in an increase in DTI from XXXX% to XXXX%. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed and elects to waive. Noted Compensating Factors: $XXXX verified reserves, XXXX% LTV, |
Compensating Factors: $XXXX verified reserves, XXXX% LTV | 3 | 2 | 3 | 2 | ||
| XXXX | 2187296 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2171123 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Mortgage Broker Fee (Indirect) $XXXX, Points - Loan Discount Fee $XXXX, Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171123 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171123 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170898 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2170898 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | DTI - Exceeds Guidelines | XXXX | The Audit DTI of XXXX% exceeds AUS approved DTI of XXXX% Audit PITIA of $XXXX for the borrowers primary residence is higher than PITIA used at origination of $XXXX by $XXXX. AUS is no longer valid. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Your PITI is $XXXX but mine is $XXXX. Can you please tell XXXX how you calculated your figure? XXXX the DTI is high, but I want to make sure I&#XXXX;m working with the right numbers. Thanks! |
Response 1 (XX/XX/XXXX XX:XXPM) According to XXXX only the taxes are escrowed on the subject property. Adding the insurance results in the $XXXX per month combined first and second payment. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed and elects to waive. Noted compensating factors: XXXX qualifying credit score, $XXXX monthly residual income, XXXX% LTV, job stability XXXX years, primary residence owned XXXX years, 0x30x63 mortgage history |
XXXX Score. XXXX% LTV. XXXX months of reserves. | 3 | 2 | 3 | 2 | |
| XXXX | 2170898 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2170943 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170943 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170943 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170999 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170999 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170999 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171154 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171154 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171154 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175311 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175311 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175311 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171109 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171109 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Tax Return Documentation Incomplete | XXXX | Tax returns for the previous two (XXXX) years (including all schedules and XXXX forms) were not obtained or were not properly retained in the file. The Loan was approved as a DU Approve Eligible. The Loan documentation in file reflects the borrower was employed by a family member, and the income earned from that employment was used to qualify. The DU Approval required the lender to obtain the borrower's signed federal income tax returns for the past XXXX years. The loan file contained XXXX tax returns; however, did not contain a XXXXnd consecutive year as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Tax Returns |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171109 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172975 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172975 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172975 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170972 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170972 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170972 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170963 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170963 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170963 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file did not contain a CDA, Field Review, or 2nd Appraisal to support the origination appraised value. The loan file did not contain a CDA and the CU score is XXXX. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171035 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171035 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171035 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171210 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171210 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171210 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2170903 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170903 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Excluded Debts | XXXX | There was no explanation or support for the omission of one or more debts from the initial application. The DU loan approval reflects the mortgage with XXXX (XXXX/XXXX) #XXXX was omitted. The mortgage statement reflects this mortgage is in the name of the borrowers' and is on the credit report. Inclusive of this debt the DTI increases to XXXX%. In addition, the origination income calculation worksheets were not provided as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) The mortgage is secured against XXXX XXXX which is reported on the XXXX for XXXX. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170903 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170970 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170970 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170970 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170993 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170993 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170993 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2175347 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (Revised Disclosure Late) | XXXX | This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)). Because the change occurred on XX/XX/XXXX and the consumers were not provided the disclosure within XXXX days of the change, the increase to the following fee was not accepted as valid: Appraisal on the revised LE issued on XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumers, PCCD, copy of the refund and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) COC |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2175347 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175347 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171106 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171106 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171106 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175318 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175318 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan application reflects mortgages on two properties located at XXXX XXXX and XXXX XXXX. The loan file contains property tax verification for these properties; however, no documentation was provided to confirm hazard insurance or mortgage payments. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX and XXXX XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175318 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171178 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171178 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VVOE Salaried/Aged | XXXX | A VVOE is required within XXXX Business Days of the Note Date. The VVOE in file is datedXX/XX/XXXX, which is expired as of the Note date XX/XX/XXXX. VVOE expired as of XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) VOE |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171178 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175336 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175336 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Insufficient Documentation | XXXX | The XXXX's conclusions on the adequacy and the stability of the applicant's income was not supported by documentation in the file. The origination underwriter included Social Security income from both the borrower and co-borrower in the qualifying income; however the loan file did not contain documentation of the Social Security for either the borrower or co-borrower to verify sufficient income to meet the qualifying guidelines. ***additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) SSI |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175336 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file did not contain CU scores or a CDA. AVM provided and does not support the value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) DVR supports value. Downgraded to EV2 rating. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2172827 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172827 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Program Parameters - Cash-Out Amount | XXXX | The subject loan exceeds the Program Parameters for a rate and term refinance. A review of the CD reflects the borrower received $XXXX cash back at closing. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXPM) The borrower received $XXXX. Per FHLMC XXXX the borrower can receive up to the greater of XXXX% of the new refinance Mortgage or $XXXX. In this case, XXXX% is $XXXX so the loan is no cash out. |
Response 1 (XX/XX/XXXX XX:XXAM) Explanation received is sufficient. (Void) |
1 | 1 | 3 | 1 | |||
| XXXX | 2172827 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172925 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172925 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. The insurance policy reflects full replacement cost is not included and reflects a XXXX% deductible which is not acceptable per Fannie Mae guidelines as XXXX% replacement costs is required with a maximum deductible of XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Policy coverage = $XXXX + XXXX% extended + XXXX% ordinance = $XXXX Deductible is $XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172925 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171074 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171074 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171074 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170926 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170926 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170926 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171099 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171099 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171099 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170959 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170959 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170959 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175335 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175335 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Condo - Documentation | XXXX | Loan file did not contain required condo documentation (Master HOI, XXXX, XXXX) as required per AUS/LP. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Uploading CPM and Master HOI - none of the other documents are required as CPM shows Fannie Mae Approved Rebuttal 2 (XX/XX/XXXX XX:XXAM) Master |
Response 1 (XX/XX/XXXX XX:XXPM) The unit policy was provided. The master policy is missing. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175335 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171116 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171116 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171116 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171004 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171004 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171004 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171082 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Broker Fee $XXXX, Points $XXXX, and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171082 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171082 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175319 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175319 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Employment Gaps | XXXX | There were no satisfactory explanations found in the file explaining gaps of employment exceeding XXXX days. Per the loan application, the borrower's end date with XXXX was XX/XX/XXXX, however the VOE reflects an end date of XX/XX/XXXX. The VVOE for the current employer reflects a start date of XX/XX/XXXX, leaving a XXXX month gap of employment. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) I will attempt a rebuttal: I acknowledge the reviewer&#XXXX;s comments however I contend this is non-material. The XXXX do not require gap letters for conventional loans. The XXXX requires a XXXX year employment history which we have. Rebuttal 2 (XX/XX/XXXX XX:XXPM) Borrower worked for XXXX from XX/XX/XXXX - XX/XX/XXXX She started with XXXX on XX/XX/XXXX. Assuming this is all accurate, the borrower has a XXXX year job gap...but she has a > XXXX year employment history. The agencies do not require gap letters. You mentioned the income. In XXXX she averaged $XXXX per month with XXXX. This is consistent with the written VOE which indicates she recently received a raise of $XXXX. |
Response 1 (XX/XX/XXXX XX:XXAM) We acknowledge that the end date on the prior VVOE could be an error; however, the XXXX and XXXX XXXX's support those dates from an income perspective. XXXX years of consecutive employment was not documented. The application and verifications are in conflict, withe appearance the borrower took a year off of work in the last XXXX year period. That would require an explanation. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Explanation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175319 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171117 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - LE/Revised LE Delivery Date (prior to consummation) | XXXX | The loan failed the Revised Loan Estimate delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) LE tracking |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2171117 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171117 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178863 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178863 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The Lender qualified the XXXX based on a monthly mortgage payment of $XXXX for the Borrower's non-subject investment property at XXXX and was being refinanced simultaneously with the subject. The loan file contained the previous mortgage statement and tax cert but was missing the HOI payment amount and documentation to confirm the new mortgage payment amount. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX Rebuttal 2 (XX/XX/XXXX XX:XXPM) HOI Rebuttal 3 (XX/XX/XXXX XX:XXPM) HOI |
Response 1 (XX/XX/XXXX XX:XXPM) Still missing HOI payment documentation. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Document received is just a replacement cost estimator. Still need documentation of monthly HOI premium. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178863 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2175320 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175320 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175320 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170985 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170985 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170985 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171005 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171005 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171005 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a LCA dated XX/XX/XXXX, XXXX is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171006 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171006 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171006 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170974 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170974 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170974 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score N/A. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171118 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171118 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171118 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187294 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187294 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Other | XXXX | There are additional asset findings. The Closing Disclosure reflects a Gift of Equity from the seller as stated in the Purchase Agreement. The loan is DU approved as the purchase of an investment property. A gift of equity is not allowed for an investment transaction. Additionally, the loan file does not contain a Gift Letter. The gift was excluded in the final AUS submission and the loan application. Borrower's verified funds were sufficient for the transaction; however, the borrower's funds were not used. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed and elects to waive. Noted Compensating Factors: XXXX qualifying credit score, XXXX% DTI, Job Stability - XXXX years, 0x30x108 mortgage history |
Compensating Factors: XXXX qualifying credit score, XXXX% DTI, Job Stability - XXXX years, 0x30x108 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2187294 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171181 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171181 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171181 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171039 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171039 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171039 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172979 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172979 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172979 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172946 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172946 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172946 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170944 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: Page XXXX of the XXXX-XXXX Family Rider is cutoff. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170944 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170944 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171119 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171119 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171119 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2171043 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171043 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171043 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2170922 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170922 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170922 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171120 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171120 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171120 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171044 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171044 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171044 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170931 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170931 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170931 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171045 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171045 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171045 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171037 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171037 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171037 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172947 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Broker Fee $XXXX, Points $XXXX and Tax Service Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172947 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172947 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171212 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171212 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2171212 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2171046 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171046 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171046 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175340 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: XXXX fee, Loan Discount Points and Tax Service fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175340 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The executed PUD Rider in the file reflects "TBD" in the PUD development name section. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Recorded SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175340 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175340 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2170957 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170957 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170957 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171033 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The name of the XXXX on the referenced PUD rider does not match the name on the appraisal/legal description. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) DOT |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171033 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171033 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171197 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171197 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171197 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178847 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The borrower's names are missing from the notary acknowledgement section. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please advise if you will accept a corrected page XXXX with an affidavit to re-record? Rebuttal 2 (XX/XX/XXXX XX:XXPM) recorded correction |
Response 1 (XX/XX/XXXX XX:XXPM) A corrected page XXXX with a XXXX recorded is an acceptable cure. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178847 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178847 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171047 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171047 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171047 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171094 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 3 | |||||
| XXXX | 2171094 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 3 | |||||
| XXXX | 2171094 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided does not support the stated appraised value within 10%. | 3 | 3 | 1 | 3 | ||||||
| XXXX | 2171208 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171208 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171208 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171048 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171048 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171048 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170964 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170964 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170964 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171009 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Missing | XXXX | The Security Instrument (Mortgage/Deed of Trust) is missing. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Duplicate finding |
Response 1 (XX/XX/XXXX XX:XXPM) Finding voided. (Void) |
1 | 1 | 1 | 1 | |||
| XXXX | 2171009 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Missing | XXXX | The Security Instrument (Mortgage/Deed of Trust) is missing. The loan file does not contain the Security Instrument. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) DOT |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
4 | 1 | 1 | 1 | |||
| XXXX | 2171009 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171009 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171010 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171010 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171010 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171011 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171011 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171011 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175349 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument is incomplete: The XXXX section of the Security Instrument does not include the name and notarization of the second Borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175349 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175349 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170899 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | FACTA Disclosure - Missing | XXXX | The borrower's FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) is missing. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2170899 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Gift Letter - No Evidence of Funds | XXXX | No evidence of the transfer of gift funds from the donor to the borrower was located in the file. The file did not contain evidence the borrower had the proper amount of funds required to close. Transfer of gift funds in the amount of $XXXX not documented. Documented assets totaled $XXXX, leaving borrowers $XXXX short funds to close. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX letter |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2170899 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2178898 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178898 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178898 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178876 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178876 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178876 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | Value is not supported within 10% of original appraisal amount. The Loan file did not contain an AVM, CDA, Field Review, 2nd Appraisal or CU score at XXXX or under to support the original appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178903 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178903 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178903 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178888 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178888 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178888 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187306 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Mortgage Broker Fee (Indirect), Points, Tax Service Fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187306 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument is incomplete: XXXX is missing | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Recorded SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187306 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | State Testing - Prohibited Fees | XXXX | The loan failed the XXXX prohibited lender fees test. This test includes the following fees: MERS Fee. The loan fails the prohibited fees test by $XXXX. The loan is a first lien mortgage and charges an assignment fee, or other fees not necessary in connection with making a loan. (XXXX. Code §6.2.326(XXXX)) | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2187306 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187306 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an CU score at XXXX or under to support the origination appraised value. CU score XXXX. AVM provided does not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2178875 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2178875 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2178875 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2178887 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178887 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178887 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178885 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178885 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178885 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187320 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187320 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Insufficient Documentation | XXXX | The borrower receives commission income. The file is missing XXXX income documentation from XXXX to accurately calculate qualifying income. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX for XXXX was provided. The commission income was variably calculated. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187320 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187305 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Administration fee $XXXX, Mortgage Broker fee $XXXX, Discount Points $XXXX, XXXX fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM Rebuttal 2 (XX/XX/XXXX XX:XXAM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) Documents not received. Please resubmit. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187305 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187305 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided does not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to an EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2178915 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178915 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178915 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178914 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178914 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178914 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178906 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178906 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178906 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score noted and no other valuation product in file. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2178899 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178899 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178899 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178917 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178917 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178917 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided does not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2187342 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187342 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187342 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187346 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187346 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187346 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187325 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187325 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187325 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187324 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187324 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The XXXX was purchasing XXXX simultaneously with the subject purchase. The Lender qualified the XXXX based on a mortgage payment of $XXXX; however, there was no documentation provided to confirm the housing debt associated with this property. Evidence of PITIA is required. | Waived | Response 1 (XX/XX/XXXX XX:XXAM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Debt was included in AUS. DTI is XXXX. Noted Compensating factors: XXXX qualifying credit score, $XXXX verified reserves, Self-employed XXXX years, prior mortgage history 0x30xXXXX months. |
Compensating Factors: XXXX qualifying credit score, $XXXX verified reserves, Self-employed XXXX years, prior mortgage history 0x30xXXXX months. | 3 | 2 | 3 | 2 | ||
| XXXX | 2187324 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187348 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187348 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Excluded Debts | XXXX | The Lender excluded the mortgage debt in the amount of $XXXX per month associated with the XXXX' REO located at XXXX Albatross. The loan file contains a XXXX report reflecting the property was under contract; however, there was no documentation to evidence the proof of sale to support the exclusion of the debt. The inclusion of this debt results in an excessive DTI exceeding tolerance. Documentation is required to confirm the property was sold. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted compensating factors: $XXXX XXXX. residual income, XXXX qualifying credit score, $XXXX verified reserves, job stability - XXXX years, XXXXx30x121 months reviewed. |
Compensating Factors: $XXXX XXXX. residual income, XXXX qualifying credit score, $XXXX verified reserves, job stability - XXXX years, XXXXx30x121 months reviewed. | 3 | 2 | 3 | 2 | ||
| XXXX | 2187348 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187376 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187376 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187376 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187371 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187371 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187371 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%, however, confidence score is below XXXX. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) DVR provided supports origination appraised value within 10%. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2187377 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187377 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187377 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187360 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 2 | |||||
| XXXX | 2187360 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2187360 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2187356 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187356 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187356 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152593 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152593 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Condo - Documentation | XXXX | Loan file did not contain required condo documentation. The loan file did not contain a XXXX, XXXX, or Project Review to confirm eligibility. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) condo completion email |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152593 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2163791 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The name of the Condominium Project on the referenced XXXX does not match the legal, appraisal and deed. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) SI with XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2163791 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B - Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Tax Related service Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2163791 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163791 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171179 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171179 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan file is missing documentation to confirm the property taxes for rental property located on XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Taxes for XXXX XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171179 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Insufficient Documentation | XXXX | The subject property was purchased in the prior calendar year. The appraisal indicates property is currently leased; however, no lease agreement was provided to confirm. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Lease Agreement for Irazu |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171179 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172839 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Name Discrepancy | XXXX | The Vested Interest on the Security Instrument is inconsistent with Title. The Security Instrument reflects the Vested Interest as an Individual; however, Title reflects the current Vested Interest as an Entity. An executed transfer deed for the change in vesting was not found in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Transfer deed |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172839 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property/Missing Lease | XXXX | The rental income was not properly documented. The lender included rental income for a four unit located at XXXX. Lease agreements were provided for units A, C and D; however, no lease was provided for unit XXXX conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX XXXX Rebuttal 2 (XX/XX/XXXX XX:XXPM) Unit B is included |
Response 1 (XX/XX/XXXX XX:XXPM) Still missing lease for unit XXXX (Upheld) Response 2 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172839 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178855 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178855 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C08 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) FNMA B2-XXXX-XXXX does not specify the type of visa that is or is not acceptable. The only requirement is that the borrower be in XXXX legally. The EAD does not expire until XXXX indicating that the borrower is a legal resident. |
Response 1 (XX/XX/XXXX XX:XXPM) Investor does not allow a C08 EAD designation. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed. Borrower meets XXXX eligibility. Condition for Client review. Noted Compensating factors: XXXX qualifying credit score, job stability - XXXX years |
Compensating Factors: XXXX qualifying credit score, job stability - XXXX years | 3 | 1 | 3 | 1 | |
| XXXX | 2178855 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178836 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178836 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | According to the final purchase contract addendums, the solar contract will not be paid off at closing, and will transfer to the buyer at closing. Buyer assumes full financial responsibility for the solar panels at closing. The file is missing the solar panel contract to determine if a monthly debt is to be included in the DTI. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Solar agreement |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178836 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171002 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 2 | 2 | |||||
| XXXX | 2171002 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Credit Report Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2171002 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2171002 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2170941 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170941 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170941 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171110 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171110 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171110 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178871 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | SecurityInstrument - Inaccurate. The security instrument was not completed accurately. The Name of the Development on the PUD Rider does not match the PUD Development Name in the Exhibit A, legal description, of the Security Instrument | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) DOT |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178871 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178871 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170973 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170973 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170973 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2175330 | 1 of 10 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175330 | 2 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Bank Statements | XXXX | Assets from XXXX acct #XXXX and XXXX 401k were used for subject transaction however the statements for these accounts reflecting the funds listed on the final application totaling $XXXX are missing from the loan file. Please provide the XXXX monthly required statement for each account. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Provided in original submission = XXXX total |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 3 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | AUS - Discrepancy/Conforming Loan | XXXX | The AUS final approval data does not match the XXXX/XXXX and/or file documents. Please provide the final AUS that reflects the mortgage payment $XXXX as listed on the final application and final CD. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) LP |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 4 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | Please provide the property tax statement for the borrower's land listed as XXXX. The loan application list a monthly debt of $XXXX; however the loan file is missing documents to verify this expense. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Tax |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 5 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan application list the borrower as having XXXX mortgaged properties; however the mortgage statements for these properties are missing from the loan file. Please provide mortgage statements for all mortgaged properties and/or taxes, insurance and HOA statements if not escrowed into monthly payment so that we may verify the total housing expense. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) All requested documents |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 6 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan application list total expense of $XXXX for property address XXXX FM XXXX XXXX XXXX; however the loan file is missing documentation needed to verify this expense. Please provide the HOI Policy, property tax statements and or HOA statements used to determine the monthly housing expense. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) This is a commercial property. HOI attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 7 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. Please the Borrower’s complete federal income tax returns (IRS Form 1040), including XXXX E for the most recent year used to determine the qualifying rental income. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 8 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Income Documentation - Violation | XXXX | The income is not properly documented as the required income documents are missing from the loan file. The loan file contains a paystub dated XX/XX/XXXX and XXXX W2. Please provide the year to date pay stub dated no more than XXXX days prior to the application date along with the XXXX XXXX or a written VOE documenting all YTD earnings and most recent prior two calendar years earnings. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Income |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received in sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 9 of 10 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Excluded Debts | XXXX | There was no explanation or support for the omission of one or more debts from the initial application. The final loan application list the following mortgage debts as excluded: XXXX #XXXX, XXXX #XXXX, XXXX/XXXX #XXXX. Please provide documentation to support the exclusion of these mortgages. If the associated properties were sold and the mortgage were paid in full, please provide the seller's final HUDs to support why these liabilities were excluded from debt ratios. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX was omitted because servicing transferred to XXXX. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175330 | 10 of 10 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171007 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171007 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Insufficient Documentation | XXXX | Guidelines require that the Borrower's military income must be supported by a Leave and Earnings Statement, which is missing from the file. The file contains only a written VOE from XXXX confirming annual salary of $XXXX. There is no additional documentation in the file as required to document $XXXX housing/entitlements income or annual salary, as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) LES |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171007 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The Borrower was qualified with $XXXX rental income on property located on XXXX; however, the file is missing the most recent federal income tax return or a copy of the current lease agreement, as required. The file contains only an unsigned copy of XXXX Page two. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Tax Return |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171007 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The file is missing a copy of lease on subject property used to calculate negative rental income or most recent federal tax return. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Tax Return |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171007 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170986 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170986 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170986 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178845 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178845 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | Rental income considered for the property at XXXX. The file contains only page XXXX and XXXX of the XXXX/XXXX 1040s and a copy of the current lease with monthly rent of $XXXX. The final XXXX reflects monthly rental income of $XXXX for resulting net rental income of $XXXX which cannot be verified without XXXX E to the most recent tax return which is missing from the file. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted Compensating factors: $XXXX XXXX. residual income, $XXXX verified reserves, job stability - XXXX years, 0x30x59 mortgage history |
Compensating Factors: $XXXX XXXX. residual income, $XXXX verified reserves, job stability - XXXX years, 0x30x59 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2178845 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171194 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171194 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171194 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178877 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | FACTA Disclosure - Missing | XXXX | The FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) is missing. | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2178877 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2178877 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2187307 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187307 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - W2(s) Missing | XXXX | The file is missing the Borrower's XXXX W2 from XXXX, as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX income from XXXX was not used. Borrower started employment at the very end of the year. |
Response 1 (XX/XX/XXXX XX:XXAM) Explanation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187307 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2187317 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187317 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187317 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187359 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187359 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187359 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160352 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160352 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Bank Statements | XXXX | The bank and/or asset statements are incomplete. There are no supporting documents for the assets that are being used for closing and reserves. XXXX/XXXX with a balance of $XXXX and XXXX with a balance of $XXXX. Please provide the asset verification report for these accounts. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) bk stmts Rebuttal 2 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation of only $XXXX in assets were documented. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2160352 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Social Security/Pension | XXXX | Social security and/or pension benefits were considered as effective income but sufficient supporting documentation was not found in the file. Qualifying the borrower with $XXXX(defined contribution plan) and $XXXX(pension), however, no supporting documents provided for using this income. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) income Rebuttal 2 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Still missing documentation of $XXXX per month pension and evidence of XXXX month continuous assets from the XXXX $XXXX per month distribution. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2160352 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160357 | 1 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test due to one of the following findings: (XXXX §XXXX-1.1A (c)(1)(b)). The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. The discount points are marked as bona fide but an undiscounted rate value was not provided. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2160357 | 2 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - $100 Tolerance Threshold/Non-Rescindable | XXXX | Testing for TILA Accuracy could not be completed through the XXXX tool due to XXXX missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2160357 | 3 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Appraisal Missing | XXXX | The required appraisal is missing from file. Although the loan file contained a XXXXD and an appraisal invoice, a valid XXXX appraisal report was not found in the file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2160357 | 4 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Bank Statements | XXXX | The bank and/or asset statements are incomplete. DU required a minimum of XXXX months bank statements for all accounts. The loan file only contained a XXXX-day Verification of Assets, which was insufficient. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) B2 XXXX Rebuttal 2 (XX/XX/XXXX XX:XXPM) Please see UW comments on XXXX. Cashier check provided to show the XXXX withdrawl to title from closing. |
Response 1 (XX/XX/XXXX XX:XXPM) Assets documented with XXXX months of activity are not sufficient to complete the transaction. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 2 | |||
| XXXX | 2160357 | 5 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | The file contains no evidence that the proper amount of mortgage insurance was obtained. The XXXX Cert was not found in the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 2 | |||
| XXXX | 2160357 | 6 of 6 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2152597 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152597 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | Per final application, the borrowers also own property XXXX, XXXX, XXXX XXXX with a monthly payment of $XXXX. However, the loan file does not contain any documentation to support the amount of $XXXX used to qualify. Therefore, it could not be determine if the amount is accurate. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) First Payment Letter and Note for XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152597 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160349 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. XXXX. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2160349 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | Debts - Not Verified. The application lists significant debts that were not verified on the credit report and not independently verified. The Final XXXX and DU Approval in file reflected a new Mortgage with XXXX, secured by the property located at XXXX, with a monthly PITI payment of $XXXX and a loan amount of $XXXX. In addition, the origination credit report reflected a mortgage with Fay Servicing, which DU indicated was omitted from the existing debts. The loan file did not contain any documentation confirming the new XXXX payment for XXXX, and the loan file did not contain any documentation supporting the omission of the XXXX debt as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See page XXXX of attached payment letter to see property is XXXX. Rebuttal 2 (XX/XX/XXXX XX:XXPM) I am reuploading the docs that was uploaded previously. A CD was included for XXXX showing the payoff of XXXX. This should be sufficient to give reason for the omission of this debt in the ratios. See page of XXXX of XXXX to show that XXXX was paid off. Also there is an email from XXXX confirming the payoff along with a copy of the check that was sent. |
Response 1 (XX/XX/XXXX XX:XXAM) Still missing documentation supporting the omission of the XXXX debt as required. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2160349 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Title Commitment - Lien Position | XXXX | The Title Commitment reflects exceptions that will affect the subject loan's clear XXXX position. Schedule B, Part XXXX of the Title Commitment in file required a partial satisfaction and release of mortgage for a mortgage with XXXX, dated XX/XX/XXXX and a loan amount of $XXXX. The loan file did not contain a partial satisfaction and release of mortgage, and the Final Closing Disclosure did not reflect any lien payoffs as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX Fox and XXXX closed at the same time. The title exception was paid with the XXXX Closing and I have uploaded the email from title confirming this along with cd and payoffs from the file. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2160349 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172838 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172838 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172838 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172941 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172941 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172941 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175338 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance Finding - Other | XXXX | Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175338 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175338 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | The file contains no evidence that the proper amount of mortgage insurance was obtained. XXXX cert is missing from file | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2175338 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score in file and no other valuation in file. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2158404 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The name of the XXXX on the referenced PUD rider does not match the appraisal or legal description. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2158404 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2158404 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171121 | 1 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | Federal Testing | XXXX | Federal testing. Testing for TILA, XXXX, Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2171121 | 2 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171121 | 3 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | State HPML | XXXX | This loan failed the XXXX rate spread home loan test. ( XXXX GS §XXXX-XXXXF(a)(XXXX) ). The loan is a rate spread home loan, as defined in the legislation.The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171121 | 4 of 7 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test. (XXXX §XXXX-1.1A (c)(1)(b)). The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2171121 | 5 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | Contract Addendum - Missing | XXXX | Per the final closing disclosure, the seller contributed $XXXX to the borrower's closing cost. However, the loan file does not contain an addendum or any documentation verifying the seller's contribution. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXPM) That is because it is not required. We rebuttal this type of finding with each new trade release. |
Response 1 (XX/XX/XXXX XX:XXAM) Explanation received is sufficient. (Void) |
1 | 1 | 3 | 2 | |||
| XXXX | 2171121 | 6 of 7 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | The file contains no evidence that the proper amount of mortgage insurance was obtained. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2171121 | 7 of 7 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2175329 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175329 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | AUS - Approval Conditions/Conforming Loan | XXXX | The following AUS/Loan Approval Condition(s) were not documented in the loan file: XXXX LP/XXXX on XX/XX/XXXX as a no cash out refinance however the borrower received cash back on the final CD dated XX/XX/XXXX. Borrower received $XXXX cash back. For a no cash out the borrower cannot receive any cash back that exceeds the POC's which in this case is only $XXXX. Please update the AUS to reflect as a cash out refinance and confirm still have accept eligible finding. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - LP&#XXXX;s No cash-out refinance allows the lender to ""Disburse cash out to the Borrower (or any other payee) up to the greater of XXXX% of the new refinance Mortgage or $XXXX"" - the greater of $XXXXk, or XXXX% of the new refi for this loan is $XXXX. the XXXX cash back was less which should be allowed - https://guide.freddiemac.com/ci/okcsFattach/get/1002095_2 see page XXXX-XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Agree. Finding has been voided. (Void) |
1 | 1 | 1 | 1 | |||
| XXXX | 2175329 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172942 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172942 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172942 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152592 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152592 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152592 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152601 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - $100 Tolerance Threshold/Non-Rescindable | XXXX | Testing for TILA Accuracy could not be completed through the compliance tool due to XXXX missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2152601 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | Per final AUS, XXXX is required to be obtained with coverage of at least XXXX% or XXXX%. The borrowers were qualified with $XXXX per month for mortgage insurance; however, the loan file does contain the XXXX certificate detailing the percentage of XXXX used at qualification as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX CERT |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2152601 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160344 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160344 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160344 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152596 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152596 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Business Tax Returns | XXXX | The loan file contains XXXX XXXX. AUS states the requirement for business tax returns can be waived if personal returns covering the most recent XXXX-year period are obtained. The second year of personal returns or XXXX year of business returns were not provided in the loan file for our review. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) The borrower has been self-employed for XXXX + yrs as a XXXX – XXXX. We have XXXX year personal and business returns for this business. We were not waiving the requirement for business tax returns so XXXX year is sufficient |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152596 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and allapplicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160351 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160351 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160351 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152591 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152591 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2152591 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160346 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160346 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2160346 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2139313 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2139313 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Minimum Reserves | XXXX | A total of XXXX months reserves or $XXXX is required to be verified. The loan file contains a bank statement verifying a total of $XXXX which leaves a reserve shortage of $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2139313 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172776 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172776 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172776 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171000 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171000 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | AUS - Invalid | XXXX | The AUS is invalid due to either missing conditions or certain items that are outside of allowable tolerances. The Lender omitted primary housing debt resulting in an increase in the DTI from XXXX% to XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Revised AUS |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171000 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The AUS reflects total debts of $XXXX; however, the total debts were verified to be $XXXX which includes subject negative cash flow of $XXXX, other/consumer debt of $XXXX and primary housing debt of $XXXX. The Lender qualified the Borrowers based on primary housing debt of $XXXX; however, the loan file indicates the primary PITIA is $XXXX which includes P&I of $XXXX (credit report), HOA of $XXXX (statement in file) and HOI of $XXXX (Dec Page in file). The taxes for the primary residence were not documented in the loan file; however, based on the loan application, the lender qualified the Borrower based on taxes of $XXXX. Documentation of the primary taxes are required. This resulted in an increase in the DTI from XXXX% to XXXX% invalidating the AUS. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX XXXX Taxes |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
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| XXXX | 2171000 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172899 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172899 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172899 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172896 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172896 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172896 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172904 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172904 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172904 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172926 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172926 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172926 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was invalid due to the property type. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175346 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Application fee, XXXX, Tax Service fee, and XXXX fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175346 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175346 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178869 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent ofthe total loan amount of $XXXX. The following fees were included in the testing: Application Fee, Lender's Title Insurance Policy, Points, Settlement or Closing Fee, Tax Service Fee , Underwriting Fee. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178869 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Minimum Reserves | XXXX | Sufficient reserves to meet underwriting requirements and PITI were not verified in the file. Reserves are required in the amount of $XXXX. Verified assets total $XXXX, less cash to close of $XXXX = $XXXX. Reserves are short $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Assets Rebuttal 2 (XX/XX/XXXX XX:XXPM) Terms of Withdrawal |
Response 1 (XX/XX/XXXX XX:XXAM) The XXXX accounts provided do not contain withdrawal terms. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178869 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175344 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | This loan has points and fees that exceed the points and fees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX The following fees were included in the testing: Application Fee $XXXX, Points $XXXX, Tax Service Fee $XXXX and Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175344 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. Rental income for XXXX for $XXXX and XXXX for $XXXX is being used to qualify the borrower however no supporting documents provided to confirm rental amount being received. If rental income is not supported borrowers DTI increases from XXXX% to XXXX%. Provide tax returns reflecting rental income being reported. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175344 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2187299 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Application fee $XXXX, Discount points $XXXX, Tax Service fee $XXXX, and XXXX fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM Rebuttal 2 (XX/XX/XXXX XX:XXAM) QM Rebuttal 3 (XX/XX/XXXX XX:XXPM) Base rate/price XXXX% in loan points are bona fide for exclusion = $XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documents not received. Please resubmit. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documents provided indicate there are Bona Fide Points in the amount of $XXXX, XXXX; however, the Undiscounted Rate has not been provided. Please provide the Undiscounted Rate for accurate testing. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The Undiscounted Rateprovided allows for the exclusion of bona fide discount points. Uponrecalculation, the loan is compliant and passes the Points and Fees test.(Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187299 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187299 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187299 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187355 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187355 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187355 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165768 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165768 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165768 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2085541 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2085541 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VVOE Salaried/Missing | XXXX | A VVOE is missing from the loan file. The loan file is missing a VVOE for the: borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) VOE Rebuttal 2 (XX/XX/XXXX XX:XXPM) Docs provided. |
Response 1 (XX/XX/XXXX XX:XXPM) The form received is mostly blank with a small amount of corrupt data present. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Verification of Employment and XXXX's received. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2085541 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file contains a CU Score of XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided and supported original appraised value within a 10% variance. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2165769 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165769 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165769 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2179387 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2179387 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | FEMA | XXXX | FEMA Declaration declared XX/XX/XXXX for XXXX Severe Storms and Flooding (DR-XXXX-XXXX) with an incident period of XX/XX/XXXX-XX/XX/XXXX and continuing which is after the original appraisal date XX/XX/XXXX. Please provide Property Inspection to confirm no damage. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) Disaster Inspection Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2179387 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2165770 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2165770 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | Per AUS, the borrowers were required to verify mortgage information for property located at XXXX, XXXX, XXXX XXXX. The loan file obtains an appraisal dated XX/XX/XXXX. No other documentation is contained in the loan file to verify the mortgage payment of $XXXX is accurate as required. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - We provided the XXXX, LE and property report for the REO in question |
Response 1 (XX/XX/XXXX XX:XXAM) LE is not sufficient. CD is required. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. LE shows estimated payment of $XXXX included in monthly debt calculation. Noted compensating factors: Job stability of XXXX years, $XXXX verified reserves, 0x30x25 mortgage history, $XXXX residual income |
XXXX. XXXX% DTI. $XXXX per month residual income. | 3 | 2 | 3 | 2 | |
| XXXX | 2165770 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2165771 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165771 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165771 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2154366 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2154366 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2154366 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2179388 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance Finding - Missing Business Purpose Documentation | XXXX | There are additional XXXX. Missing the following Business purpose documentation: The file has no evidence the borrower will not occupy the property or will not occupy for more than XXXX days in a calendar year. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX of occupancy |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2179388 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | FEMA | XXXX | XXXX declared XX/XX/XXXX for XXXX Severe Storms, Straight-line Winds, Flooding, XXXX, and XXXX (DR-XXXX-XXXX) with an incident period of XX/XX/XXXX - XX/XX/XXXX and continuing which is after the original appraisal date XX/XX/XXXX. Please provide Property Inspection to confirm no damage. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) PDI |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2179388 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2165772 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165772 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165772 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175309 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175309 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The initial XXXX and a letter from the borrower addressing HOA's on additional properties lists XXXX as an additional address for the borrower. The final XXXX does not include that property however nothing included to confirm that the borrowers no longer owns that property. Confirm that the borrowers have no ownership in XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX XXXX not owned by borrower |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175309 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2165773 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the CD issued on XX/XX/XXXX. Tax Service, and Transfer Fees. However, these fees should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2165773 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2165773 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 2 | 2 | |||||
| XXXX | 2170967 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170967 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170967 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165774 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165774 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165774 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165775 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165775 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2165775 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178873 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178873 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178873 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171122 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171122 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171122 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175342 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Points and XXXX reinspection. A cost to cure in the amount of $XXXX is required of which $XXXX was reimbursed at closing, there is a remaining cost to cure in the amount of $XXXX. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) COC for fees increase |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2175342 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175342 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score is XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171129 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171129 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171129 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172860 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172860 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172860 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170998 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170998 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170998 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172753 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172753 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172753 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170971 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170971 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170971 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171204 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171204 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171204 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170981 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170981 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170981 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170969 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170969 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - W2(s) Missing | XXXX | XXXX's missing from the loan file. LP Accept required borrower's income to be verified with either a YTD paystub documenting all YTD earnings and XXXX (s) for the most recent calendar year, or a written VOE documenting all YTD earnings and earnings for the most recent calendar year. Subject note date is XX/XX/XXXX. The loan file was missing documentation to support borrower's XXXX earnings. The two paystubs provided (XX/XX/XXXX, XX/XX/XXXX) only include XXXX YTD and the XXXX provided is for XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX W2 |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170969 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171107 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171107 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171107 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178835 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Points (XX/XX/XXXX). A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Business purpose attestation. Exempt from Reg Z Rebuttal 2 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. |
Response 1 (XX/XX/XXXX XX:XXPM) According to theData Tape provided, the loan is a Qualified Mortgage. If the loan is Exempt,please provide an updated XXXX re-designating the loan as Exempt. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. The information provided is sufficient to cure the exception. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178835 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178835 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file is missing a CDA. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171108 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171108 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171108 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170983 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170983 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The appraisal provided has provided does not include photos, all labels are there, however, no photos provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170983 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172820 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD/Lender Credits that Cannot Decrease (No COC - Date Undeterminable) | XXXX | The loan failed the Lender Credits that Cannot Decrease Test. Although the decrease may be valid, because a COC was not provided, auditor is unable to determine if the Initial CD issued on XX/XX/XXXX was disclosed within XXXX business days of the decrease to lender credits. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) coc |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2172820 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: XXXX on the Initial CD issued XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) COC |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2172820 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172820 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was not provided. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171041 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171041 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171041 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175327 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No COC - Date Undeterminable) | XXXX | The loan failed the charges that cannot increase test. Although the increase may be valid, because a COC was not provided, auditor is unable to determine if the revised CD issued on XX/XX/XXXX was disclosed within XXXX business days of the change. Therefore, the increase to the following fees was not accepted: State Taxes. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2175327 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. There are no photos attached, labels are there however no photos provided. There is also no signature from the appraiser. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175327 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175317 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | HOC - Missing | XXXX | The Homeownership Counseling Disclosure (HOC) is missing. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a) | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2175317 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - $100 Tolerance Threshold/Non-Rescindable | XXXX | The loan failed the TILA Finance Charge tolerance test. Per Regulation Z, the Finance Charge is considered inaccurate if the disclosed Finance Charge is understated by more than $XXXX. The final (last revised) CD issued on XX/XX/XXXX has a disclosed Finance Charge of $XXXX, which is less than the system calculated Finance Charge of $XXXX. The Finance Charge on the final CD is understated by $XXXX which is more than the allowable tolerance of $XXXX. The following fees were included in the Finance Charge calculation: Points-$XXXX, Processing-$XXXX, Life of Loan Flood Monitoring-$XXXX, MERS-$XXXX, Title-Administrative Expenses-$XXXX, Title-Attorney's Fees-$XXXX, Title-Closing Protection Letter-$XXXX. Title-E-Recording-$XXXX, Title-Overnight-$XXXX, Title-Settlement or Closing-$XXXX, Title-Wire-$35.00, and XXXX Interest-$XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents Rebuttal 2 (XX/XX/XXXX XX:XXAM) copy of cashed check |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation providedis not sufficient to cure the finding. The LOE, PCCD, and copy of the refundcheck have been provided. Proof of Delivery is required. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2175317 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175317 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171146 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171146 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171146 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175345 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175345 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175345 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. A CU score is not available for property type. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172976 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Security Instrument was not initialed by both parties who signed. The Borrower's initials are missing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Corrected SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2172976 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B - Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. (MERS File Registration Fee). However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2172976 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172976 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. There is a second appraisal provided which supports that value being used for qualification. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172966 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172966 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172966 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172840 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172840 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172840 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. Score n/a. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175350 | 1 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | HOC - Late | XXXX | The Homeownership Counseling Disclosure (HOC) dated XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a)(1) | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2175350 | 2 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). The loan has an APR of XXXX. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175350 | 3 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Closing Protection Letter $XXXX,Document Preparation $XXXX,XXXX Fee $XXXX, Lenders Title Insurance Policy $XXXX, Lien Search $XXXX, Settlement/Closing Fee $XXXX, Survey Fee $XXXX, Title Courier Fee $XXXX, Title Examination Fee $XXXX. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) docs Rebuttal 2 (XX/XX/XXXX XX:XXPM) XXXX Rebuttal 3 (XX/XX/XXXX XX:XXPM) LOE and tracking |
Response 1 (XX/XX/XXXX XX:XXAM) The documentation provided is not sufficient to cure the finding. An application consists of XXXX pieces of information: consumers name, consumers income, consumers social security number to obtain a credit report, the property address, an estimate of the value of the property, and the mortgage loan amount sought. A disclosure tracker has been provided disclosing the application date as XX/XX/XXXX. However, a XXXX signed by the loan officer on XX/XX/XXXX consisting of all XXXX pieces of information to be to be considered an application was provided in the loan file. The application date is considered to be XX/XX/XXXX. A cost to cure in the amount of $XXXX, XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE provide does address the application date; it states the XXXX and tracker have been provided. The XXXX provided is signed by the Lender on XX/XX/XXXX and signed by the borrower on XX/XX/XXXX. On TRID loans, the application date is when the LENDER took the application and obtained all XXXX pieces. Therefore, the standard for application date is when the LENDER dated the XXXX. A cost to cure in the amount of $XXXX, XXXX remains. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2175350 | 4 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Revised CD Delivery Date (No Waiting Period) | XXXX | This loan failed the revised Closing Disclosure delivery date test (no waiting period required) due to the following: The CD issued on XX/XX/XXXX was signed and dated prior to consummation, an error and the mailing rule was applied. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Final CD LOE Rebuttal 2 (XX/XX/XXXX XX:XXPM) Client LOE Rebuttal 3 (XX/XX/XXXX XX:XXAM) LOE for CD Rebuttal 4 (XX/XX/XXXX XX:XXAM) Cure docs Rebuttal 5 (XX/XX/XXXX XX:XXAM) LOE for CD Rebuttal 6 (XX/XX/XXXX XX:XXPM) LOE |
Response 1 (XX/XX/XXXX XX:XXAM) The documentation provided is not sufficient to clear the finding. The LOE provided states the borrower signed the incorrect date in error. Evidence the borrower received the CD issued on XX/XX/XXXX is required; please provide a tracker or signed attestation letter. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE states the other documents were signed on XX/XX/XXXX; this is not evidence he signed the CD on XX/XX/XXXX. The tracker does not provide information of when the CD was issued or received. Please provide evidence from the borrower of when the CD issued on XX/XX/XXXX was received. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE states the other documents were signed on XX/XX/XXXX; this is not evidence he signed the CD on XX/XX/XXXX. Please provide a singed LOE from the borrower stating when they received the CD issued on XX/XX/XXXX and the date was a clerical error or the CD issued on XX/XX/XXXX stating the correct date the borrower received the CD with the changes initialed by the borrower for review. (XXXX) Response 4 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE for the Initial LE has been provided; evidence of receipt for the CD issue on XX/XX/XXXX6 has bot been provided. (XXXX) Response 5 (XX/XX/XXXX XX:XXPM) The borrower appears to have made a typo and dated their signature XX/XX/XXXX. We would be able to accept an attestation letter from the XXXX stating that this is the date the borrower was present to sign the CD and along with all other closing documents. The CD issued on XX/XX/XXXX with the correct date of when the borrower received the CD with the change initialed by the borrower is also an acceptable cure. (XXXX) Response 6 (XX/XX/XXXX XX:XXAM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2175350 | 5 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial LE/Delivery Date (from application) | XXXX | The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Initial app and LOE Rebuttal 2 (XX/XX/XXXX XX:XXPM) LOE from XXXX 3 (06/XXXX/XXXX XXXX2:53PM) LOE and tracking |
Response 1 (XX/XX/XXXX XX:XXAM) The documentation provided is not sufficient to cure the finding. An application consists of XXXX pieces of information: consumers name, consumers income, consumers social security number to obtain a credit report, the property address, an estimate of the value of the property, and the mortgage loan amount sought. A disclosure tracker has been provided disclosing the application date as XX/XX/XXXX. However, a XXXX signed by the loan officer on XX/XX/XXXX consisting of all XXXX pieces of information to be to be considered an application was provided in the loan file. The application date is considered to be XX/XX/XXXX. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE provide does address the application date; it states the XXXX and tracker have been provided. The XXXX provided is signed by the Lender on XX/XX/XXXX and signed by the borrower on XX/XX/XXXX. On TRID loans, the application date is when the LENDER took the application and obtained all XXXX pieces. Therefore, the standard for application date is when the LENDER dated the XXXX. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2175350 | 6 of 8 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Points $XXXX, Processing Fee $XXXX, Underwriting Fee $XXXX, Appraisal Fee $XXXX, Credit Report $XXXX, Flood Certification Fee $XXXX, Verification of Employment Fee $XXXX. A cost to cure in the amount of XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Initial app date Rebuttal 2 (XX/XX/XXXX XX:XXPM) Client LOE Rebuttal 3 (XX/XX/XXXX XX:XXAM) Cure docs |
Response 1 (XX/XX/XXXX XX:XXAM) The documentation provided is not sufficient to cure the finding. An application consists of XXXX pieces of information: consumers name, consumers income, consumers social security number to obtain a credit report, the property address, an estimate of the value of the property, and the mortgage loan amount sought. A disclosure tracker has been provided disclosing the application date as XX/XX/XXXX. However, a XXXX signed by the loan officer on XX/XX/XXXX consisting of all XXXX pieces of information to be to be considered an application was provided in the loan file. The application date is considered to be XX/XX/XXXX. A cost to cure in the amount of $XXXX, XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The LOE provide does address the application date; it states the XXXX and tracker have been provided. The XXXX provided is signed by the Lender on XX/XX/XXXX and signed by the borrower on XX/XX/XXXX. On TRID loans, the application date is when the LENDER took the application and obtained all XXXX pieces. Therefore, the standard for application date is when the LENDER dated the XXXX. A cost to cure in the amount of $XXXX, XXXX remains. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2175350 | 7 of 8 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175350 | 8 of 8 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2170968 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170968 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170968 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172811 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172811 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172811 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172829 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172829 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172829 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172818 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172818 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172818 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171100 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171100 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171100 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171001 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171001 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171001 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contained a CDA dated XX/XX/XXXX that supported the value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171042 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171042 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan was missing current hazard insurance policy on the subject property with sufficient coverage/replacement cost. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) HOI |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171042 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171169 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fee was not accepted: Document Preparation Fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Initial LE and testing |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2171169 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | The Initial Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Initial CD |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2171169 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171169 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170982 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170982 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170982 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172816 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172816 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172816 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171115 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171115 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The loan file contains an Appraisal for the subject property, however the appraisal is devoid of any pictures of the subject property. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171115 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171165 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171165 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171165 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171003 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171003 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171003 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX, which supports the original appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172814 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172814 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172814 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172977 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Appraisal fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2172977 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172977 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a LCA dated XX/XX/XXXX, Risk Score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172944 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172944 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172944 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2170951 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170951 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170951 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170952 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170952 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170952 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178865 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The name of the XXXX was not disclosed on the PUD rider. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178865 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD/Payee Not Listed | XXXX | The loan contains the following fee or fees where 'compensation to' does not reflect a XXXX on the revised CD issued XX/XX/XXXX. The Tax Service Fee does not have a payee disclosed. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2178865 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178865 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172766 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Notary Acknowledgement. The XXXX did not date when the Borrower executed the Security Instrument. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) DOT |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172766 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172766 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. Score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172773 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172773 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172773 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172932 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172932 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172932 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX supportive of value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172915 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172915 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172915 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172898 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172898 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172898 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175337 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175337 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175337 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2163783 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2163783 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2163783 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172841 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172841 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172841 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172754 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172754 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Credit - Other | XXXX | There are additional observations that could impact the credit decision and/or quality of the loan. Fraudguard provided reflects additional properties that reflect XXXX as an owner and no supporting documents confirming that our borrower has no interest in the properties. The additional properties are XXXX XXXX and XXXX XXXX. Provide supporting documents to reflect that our borrower has no ownership interest in these properties or provide supporting documents for debts associated and rerun the AUS to confirm there still is an approval. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Both properties are owned by XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172754 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175310 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175310 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175310 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided did not support the origination value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Documentation not received. (XXXX) Response 3 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded XXXX 3 (XX/XX/XXXX XX:XXPM) dvr uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2172842 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172842 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172842 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2163815 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Commitment fee $XXXX, XXXX fee $XXXX and Points $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) undiscounted docs Rebuttal 2 (XX/XX/XXXX XX:XXAM) Post CD |
Response 1 (XX/XX/XXXX XX:XXAM) The Undiscounted Rate has been applied and there was not any excludable Bona Fide Points. It does appear there were XXXX Paid fees on the loan. Please provide an updated PCCD with XXXX paid fees. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2163815 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | State HPML | XXXX | The loan failed the XXXX rate spread home loan test. (XXXX GS §XXXX-XXXXF(a)(XXXX)) The loan is a rate spread home loan, as defined in the legislation. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163815 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test due to one of the following findings: (XXXX §XXXX-1.1A (c)(1)(b)). The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2163815 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163815 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163799 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Recording fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2163799 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163799 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163800 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Flood Certification. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2163800 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163800 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172843 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172843 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The subject appraisal is incomplete. Photographs were missing for the subject exterior/interior and comparable photographs. Subject county records, plat map, location map, aerial map also include blank pages. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172843 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2163803 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the addition to the following fees was not accepted: Title-Notary Fees. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) rebuttal for XXXX fee Rebuttal 2 (XX/XX/XXXX XX:XXPM) cure documents Rebuttal 3 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXAM) The notary is part of the title services. Borrower shops for a settlement service provider who then provides or outsources additional services. Borrower selected the title provider listed on the SPL. Additionally, had notary been a separate required service for settlement outside of title company, there was no XXXX listed on the SPL in order for borrower to appropriately shop. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documents not received. Please resubmit. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2163803 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2163803 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172864 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172864 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172864 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178856 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Missing Rider/Addendum | XXXX | The following referenced Rider is missing: Second Home Rider | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Second Home Rider |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178856 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Total of Payments (TOP) Non-Rescindable | XXXX | Non-Rescindable. The loan failed the TRID Total of Payments tolerance test. Per Regulation Z, the Total of Payments is considered inaccurate if the disclosed Total of Payments is understated by more than $XXXX. The final (last revised) CD issued on XX/XX/XXXX has a disclosed Total of Payments of $XXXX, which is less than the system calculated Total of Payments of $XXXX. The Total of Payments on the final CD is understated by which is more than the allowable tolerance of $XXXX. A cost to cure in the amount of $XXXX is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) TOP is not under stated Rebuttal 2 (XX/XX/XXXX XX:XXAM) XXXX cancels after XXXX months. Rebuttal 3 (XX/XX/XXXX XX:XXPM) Title Closing remote, Title Mobile Notary fee and two title Wire fees are included in testing. Title Payoff processing fee is seller paid and not included. Rebuttal 4 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The fees included are the same. It appears to be a difference in XXXX payments. Taking the lower of the appraised value and sales price the loan has a starting LTV/CLTV of XXXX%. XXXX does not cancel until the loan reaches XXXX%. The amortization/payment schedule provided shows that XXXX cancels after XXXX months, however XXXX should cancel at XXXX months. A cost to cure in the amount of $XXXX remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The explanation provided is not sufficient to cure the finding. The XXXX is correct. The TOP fail is a result of the Title - Closing Remote Processing Fee, Title - Mobile Notary Fee, Title - Payoff Processing Fee, and two title Wire Fees disclosed in the wrong section. The fees were disclosed in Section H and should have been disclosed in Section C and included in the TOP calculation. A cost to cure in the amount of $XXXX remains. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The explanation provided is not sufficient to cure the finding. The XXXX is correct. It appears the fees were included in TILA Finance charge testing and passing; however, the fees were not included in TOP testing. The TOP fail fees were disclosed in Section H and should have been disclosed in Section C and included in the TOP calculation. A cost to cure in the amount of $XXXX remains. (XXXX) Response 4 (XX/XX/XXXX XX:XXAM) The documents provided are sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178856 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178856 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2172844 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172844 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | The subject photo's, comparable photo's as well as all the maps were not printed on the appraisal report. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172844 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172978 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172978 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | The appraisal was not signed and the subject photo's, comparable photo's as well as all the maps were not printed on the appraisal report. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172978 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172945 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172945 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172945 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172782 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172782 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172782 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172921 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172921 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VOR | XXXX | The XXXX stated a current address at XXXX for XXXX years with no primary housing expense; however, the XXXX's most recent bank statements, paystubs and W-2s in the loan file reflect an address of XXXX. Further, the credit report reflects an address discrepancy. The loan file contains a letter of explanation from the XXXX stating that it was a previous address and the Borrower's child resides there and that they receive mail at that address. Documentation of no housing expense such as a lease for that property is required to confirm the XXXX is not responsible for any housing debt. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) VOR condition |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172921 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178837 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase or addition to the following fees was not accepted: Attorney's Fee (Closing Agent Only) $XXXX, Closing Protection Letter Fee $XXXX, Document Preparation Fee $XXXX, XXXX Fee $XXXX, Lender's Recording Fee Title Insurance Policy $XXXX, Tech Fee [Custom Fee] $XXXX, Title Courier Fee $XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Business Purpose loan, exempt from XXXX see Business purpose attestation, which was provided in original file delivered. Rebuttal 2 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. |
Response 1 (XX/XX/XXXX XX:XXPM) According to the Data Tape provided, the loan is a Qualified Mortgage. If the loan is Exempt,please provide an updated Data Tape re-designating the loan as Exempt. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. The information provided is sufficient to cure the exception. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178837 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178837 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2158525 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | State Disclosure - Georgia Right to Select an Attorney/Missing | XXXX | The XXXX Notice of Right to Select Attorney is Missing. Must be provided to indicate that a consumer had a choice of attorney in cases where attorneys' fees are intended to be excluded from a points and fees calculation. If not provided, any attorneys' fees will be included in the points and fees calculation. XXXX Fair Lending Act O.C.G.A. XXXX-6a-2(XXXX)(G)(ii) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX Notice |
Response 1 (XX/XX/XXXX XX:XXAM) The documents provided are sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2158525 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Discount Points on the revised CD issued XX/XX/XXXX. The COC provided in the loan file indicates the increase was due to a program change from rate and term to cash out; however, the prior CD issued XX/XX/XXXX reflects the program was a cash out when the loan amount increased from $XXXX to $XXXX. A cost to cure in the amount of $XXXX was required or which $XXXX was cured on the CD. A cost to cure in the amount of $XXXX is still required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) COC Rebuttal 2 (XX/XX/XXXX XX:XXAM) cure |
Response 1 (XX/XX/XXXX XX:XXAM) The CD issued on XX/XX/XXXX reflects the change to a cash out refinance. Therefore the change was known as far back as this date and the fee increase not re-disclosed within XXXX-days. Cost to cure remains. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2158525 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2158525 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172970 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172970 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172970 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172934 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172934 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172934 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172980 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172980 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172980 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172971 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172971 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172971 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172948 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172948 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172948 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175334 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175334 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175334 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM requested |
Response 1 (XX/XX/XXXX XX:XXAM) The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2172875 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172875 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172875 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score generated no results. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2172788 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172788 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172788 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172793 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172793 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172793 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172967 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172967 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172967 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172933 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172933 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172933 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172981 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172981 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172981 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172973 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172973 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172973 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178833 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | The loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. ( 12 CFR §1026.43(b)(4), (e)(1) ). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR1026.43(e)(1)(ii) | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178833 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | The appraisal obtained in the loan file is missing pictures of the subject property and comparable properties used to support the value used. Without the pictures of the subject property, it could not be determined if the subject property met Lender's guides. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) appraisal |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178833 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172982 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172982 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The subject loan is a purchase of a second home in XXXX. The Final Loan Application reflects a new HELOC loan in the amount of $XXXX secured by the borrowers primary residence in XXXX; however, the loan file does not contain documentation to verify the total payment amount to ensure the borrowers qualified within the guidelines. ***additional conditions may apply *** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172982 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172983 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172983 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172983 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172968 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172968 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172968 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172819 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Name Discrepancy | XXXX | The borrower’s name on the Security Instrument is inconsistent with the XXXX. Title reflects that current vested interest is in the name of XXXX and XXXX, however the mortgage lists XXXX, Trustee of the XXXX, dated XXXX and XXXX, Trustee of the XXXX, dated XXXX. A deed transferring ownership interest from XXXX and XXXX to XXXX, Trustee of the XXXX, dated XXXX and XXXX, Trustee of the XXXX, dated XXXX is required to confirm ownership interest in the new mortgage. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Quit claim |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 3 | |||
| XXXX | 2172819 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 3 | |||||
| XXXX | 2172819 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Upheld | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM Requested. |
Response 1 (XX/XX/XXXX XX:XXPM) The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX) |
3 | 3 | 3 | 3 | |||
| XXXX | 2172845 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172845 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172845 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172832 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172832 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172832 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172863 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172863 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172863 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172865 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172865 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172865 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171012 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171012 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171012 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172846 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172846 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172846 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172821 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172821 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172821 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172847 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172847 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The subject appraisal is incomplete. There are multiple pages that are missing the required photos including the subject exterior, interior photos, comparable photos and location, plat and flood map. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172847 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172834 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172834 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172834 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2175321 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175321 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. The loan file contains an appraisal for the subject property, however the appraisal is missing all pictures of the subject property, appraiser license, XXXX, etc... | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175321 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file contains a CU Score of XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided did not support the origination value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2172848 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172848 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172848 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172949 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172949 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172949 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172813 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172813 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172813 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172830 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172830 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172830 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX supportive of value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172849 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172849 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172849 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172850 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172850 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172850 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175313 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175313 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175313 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172817 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172817 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172817 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172851 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172851 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172851 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172852 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172852 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172852 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172853 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172853 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172853 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172748 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test due to the following findings: (XXXX §XXXX-1.1A (c)(1)(b)). The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2172748 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Verification fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2172748 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172748 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. A CU score is not available for property type. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2172930 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172930 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172930 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172837 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172837 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172837 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172950 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172950 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172950 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172747 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Inaccurate | XXXX | The security instrument was not completed accurately. The XXXX recorded the acknowledgement of the Security Instrument on XX/XX/XXXX but the Individual borrower/trustee has a date of XX/XX/XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Security Instrument |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172747 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: the Notary Acknowledgement is missing for the second Trustee ( non borrower spouse) of the Trust. The Inter Vivos Revocable Trust Rider section C is missing the Settlor(s) names. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Security Instrument |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172747 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172747 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172951 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172951 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172951 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172952 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172952 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172952 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. LCA Risk Score is XXXX. There is no acceptable AVM that supports the value within 10% of the appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172938 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172938 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172938 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172749 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Abstract Search fee, XXXX fee, Technology fee, Lender's Title Insurance policy, Releases recording fee, Settlement fee, Title Examination fee, Wire fee and Recording fee. A cost to cure in the amount of $XXXX is required, of which $XXXX was cured at closing. There is a remaining cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Borrower shopped for title fee(s), SSPL given and fee(s) were itemized on section C of the final CD. Title Fee(s) are not subject to any tolerance. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2172749 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial LE/Delivery Date (from application) | XXXX | The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XX/XX/XXXX was not disclosed within XXXX days of the application date, XX/XX/XXXX. Truth in XXXX (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE dated / issued on the same day as application XXXX/XXXX. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2172749 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (Disclosure Timing Fail) | XXXX | The loan failed the charges that cannot increase test. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions/increases: Loan Discount fee, Administration fee, XXXX fee, Processing fee, Tax Service fee, XXXX fee, Credit Report fee, Flood Certification fee, XXXX. A cost to cure in the amount of $XXXX is required. The violation may be cured if documentation is provided showing the disclosure was delivered timely. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial LE dated / issued on the same day as application XXXX/XXXX. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2172749 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The Final XXXX reflected a mortgage with XXXX, with a monthly payment of $XXXX and a balance of $XXXX, which was secured by the borrower's primary residence. The loan file contained a Loan Estimate for primary residence purchase transaction; however, the loan file did not contain any documentation confirming the final payment amount for the primary residence as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Final CD for primary & AUS #XXXX with primary PITIA accounting for the increase. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172749 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172953 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172953 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172953 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170995 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170995 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170995 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2171112 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171112 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | AUS (LP/DU) - Missing | XXXX | The LP/DU AUS is missing from the loan file. Final XXXX reflects the loan was approved as a DU however the DU Findings are missing from the file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AUS |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171112 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171013 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171013 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171013 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171049 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171049 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171049 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171050 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171050 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171050 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172861 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172861 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172861 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172954 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172954 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172954 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171051 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171051 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171051 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171052 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171052 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171052 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171124 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171124 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171124 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171125 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171125 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171125 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172854 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172854 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172854 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172955 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172955 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172955 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171014 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171014 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171014 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170992 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170992 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170992 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172833 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance Finding - Missing Business Purpose Documentation | XXXX | There are additional XXXX. Missing the following Business purpose documentation: Occupancy Verification. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 3 | |||
| XXXX | 2172833 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 3 | |||||
| XXXX | 2172833 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Upheld | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM Requested. |
Response 1 (XX/XX/XXXX XX:XXPM) XXXX did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX) |
3 | 3 | 3 | 3 | |||
| XXXX | 2170996 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170996 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170996 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170997 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170997 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170997 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171053 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171053 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. There is no rental income verification provided for XXXX XXXX XXXX. Provide supporting documentation for the rental income being used or remove rental income and rerun the AUS since the DTI increases from XXXX% to XXXX% | Void | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Rental income is not being used. The mortgage payment of $XXXX is being omitted due to less than XXXX payments left (balance is only $XXXX per XXXX & Mtg statement). Therefore, only the tax & insurance of $XXXX are included in the DTI. |
Response 1 (XX/XX/XXXX XX:XXPM) Explanation received is sufficient. (Void) |
1 | 1 | 1 | 1 | |||
| XXXX | 2171053 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175331 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175331 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VVOE Salaried/Missing | XXXX | A VVOE is missing from the loan file. The loan file is missing a VVOE for the co-borrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) VOE provided in original submission Rebuttal 2 (XX/XX/XXXX XX:XXAM) Your rejection is incorrect, we do not use calendar days when calculating VOE age. We use business days. XXXX/XXXX-XXXX/XXXX = XXXX business days |
Response 1 (XX/XX/XXXX XX:XXAM) VVOE for B2 is XXXX calendar days prior to the XXXX date. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175331 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171054 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171054 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171054 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175332 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175332 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175332 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172987 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172987 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172987 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171055 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171055 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171055 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file has a CU score of XXXX. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175322 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175322 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175322 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. Score XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171056 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171056 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171056 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171057 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171057 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171057 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171015 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171015 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171015 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171038 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171038 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171038 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172956 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172956 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172956 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172826 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172826 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172826 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171058 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171058 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171058 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170990 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Missing Rider/Addendum | XXXX | The following referenced Rider(s) / Legal Addendum(s) is missing: Exhibit A/ Legal Description. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Recorded SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170990 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170990 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score is XXXX. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172972 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172972 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172972 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA SCORE XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171034 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171034 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171034 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170980 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170980 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170980 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170989 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170989 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170989 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170984 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170984 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170984 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171016 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171016 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171016 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178838 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178838 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178838 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score was not provided. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175328 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175328 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. Credit report reflects a $XXXX payment and $XXXX balance for XXXX XXXX auto loan. Loan application reflects a payment of $XXXX however the loan file is missing verification of the monthly payment. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175328 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172986 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172986 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172986 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178832 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the addition of the following fee was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178832 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178832 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided does not support origination appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) DVR supports value. Downgraded to EV2 rating. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2171059 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171059 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171059 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 2 | 3 | 2 | |||
| XXXX | 2172957 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172957 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172957 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172931 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172931 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172931 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171060 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171060 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171060 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171061 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171061 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171061 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171040 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171040 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171040 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171017 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171017 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171017 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171062 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171062 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171062 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172959 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172959 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172959 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172958 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172958 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172958 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171032 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171032 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171032 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171018 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171018 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171018 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171063 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171063 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Other/Missing | XXXX | Review of DU reflects the borrower's income documented with XXXX and is missing from the file. No additional income documentation provided in the file. Reviewer unable to calculate the monthly total qualifying income of $XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171063 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172960 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172960 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172960 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the origination value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) 2nd AVM provided |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports the origination value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172836 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The XXXX section is missing the notarized date and does not indicate whether the borrower was notarized by means of physical presence or online notarization at the time of closing. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172836 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172836 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172936 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172936 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172936 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172855 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172855 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172855 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178840 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. This loan has points and fees that exceed the points andfees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more, and the transaction's total points and fees is $XXXX, which exceeds XXXX percent of the total loan amount of $XXXX. The following fees were included in the testing: Administration Fee $XXXX, Points - Loan Discount Fee $XXXX, Processing Fee $XXXX, Underwriting Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Investment, undiscounted rate Rebuttal 2 (XX/XX/XXXX XX:XXAM) rebuttal Rebuttal 3 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The UDR has been applied and the Bona Fide Points in the amount of $XXXX, XXXX have been excluded; the loan does not pass the QM Points and Fees threshold. We are citing a QM points and fees threshold violations, which has a XXXX% threshold referencing in our finding as XXXX. Reviewing the rebuttal which was provided it appears to reference XXXX which refers to federal HOEPA or High-Cost loans, which has a XXXX% threshold. Our findings are not related to this statute. The QM status provided on the data tape reflects the loan was originated as a QM loan, therefore we tested as such. The result is the Qualified Mortgage Points and fees violations. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) According to the Data Tape provided, the loan was originated as QM Safe Harbor. A QM Safe Harbor loan is considered a TRID loan. If the loan is instead XXXX from QM, please provide an updated XXXX re-designating the loan as Exempt. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The lender provided information this loan was originated as an exempt business purpose loan. The information provided is sufficient to cure the exception. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178840 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178840 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175315 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2175315 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2175315 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2178839 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178839 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178839 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score noted and no other valuation products in file. AVM provided did not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided did not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2171036 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171036 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171036 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172815 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172815 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172815 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172856 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172856 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172856 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. AVM provided does not support value. A CDA was provided which supports the value within 10%. As the CDA is a second valuation product, per the rating agencies, this is graded as an EV2. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support value. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2172937 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172937 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172937 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172984 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172984 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172984 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score is XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2172822 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172822 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172822 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review or 2nd appraisal to support the origination value. CU score is not available. AVM provided does not support the appraised value. A CDA was provided which supports the value within 10%. As the CDA is a second valuation product, per the rating agencies, this is graded as an EV2. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2172831 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172831 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172831 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2172962 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172962 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172962 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172871 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. The date used for rate set is XX/XX/XXXX. The loan is a Higher-Priced Covered Transaction subject to QM-Rebuttable Presumption. Truth in XXXX (Regulation Z)12 CFR 1026.43(e)(1)(ii) | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172871 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172871 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178850 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The notary did not acknowledge the execution of the Security Instrument by providing a date of occurrence. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178850 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178850 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172857 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172857 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172857 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171126 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171126 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171126 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172961 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172961 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172961 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170904 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170904 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170904 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172969 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172969 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172969 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170988 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170988 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170988 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171019 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171019 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171019 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172751 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 4 | 1 | |||||
| XXXX | 2172751 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Bank Statements | XXXX | The bank and/or asset statements are incomplete. Bank statements used for qualifying including; XXXX XXXX, XXXX XXXX, XXXX XXXX were incomplete. The statements include multiple pages that are obstructed and not all transactions could be verified per XX-XXXX-XXXX. The Equitable retirement ($XXXX) is partially obstructed and reflects the current employer as the account owner and the borrower as the XXXX. The file is missing evidence that the borrower is permitted to make withdrawals while employed with the company. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) All pages for all assets present and sufficient Rebuttal 2 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXPM) Still missing withdrawal terms for equitable. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 4 | 1 | |||
| XXXX | 2172751 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 4 | 1 | |||||
| XXXX | 2172963 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172963 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172963 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171020 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171020 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171020 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171064 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171064 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171064 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178851 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Title Fees and Recording Fee, CD XX/XX/XXXX. A cost to cure in the amount of $XXXX is required, of which $XXXX was cured and $XXXX is still needed. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Title fees are not subject to XXXX% tolerance as they are in Section C on the Initial LE and remain in Section C on the Final CD. Cure provided for Recording fee increase. Rebuttal 2 (XX/XX/XXXX XX:XXAM) SPL reflects Security XXXXst and the title fees are in Section C on the Initial LE and stay in Section C on the Final CD, therefore the are XXXX% tolerance Rebuttal 3 (XX/XX/XXXX XX:XXAM) The title fees are in Section C on the Initial LE and remain in Section C on the Final CD. Staying in Section C throughout the LEs and CDs, makes the title fees subject to XXXX% tolerance. Rebuttal 4 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to cure the finding. The XXXX used at closing was on the SPL issued on XX/XX/XXXX and considered Lender chosen tested with XXXX% tolerance. The document provided included the Title fees tested under XXXX% tolerance resulting in an invalid pass. The Title Fees are tested under XXXX% tolerance resulting in a $XXXX tolerance violation. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) We agree the XXXX used at closing was on the SPL issued on XX/XX/XXXX and considered Lender chosen tested with XXXX% tolerance. The Title Fees are tested under XXXX% tolerance resulting in a $XXXX tolerance violation. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The information provided is not sufficient to clear the finding. The regulation states that any time a lender allows the consumer to shop for services, a Service Provider List (SPL) must be provided to the consumer within XXXX days of application. Fees in section C of the last revised LE mean that the consumer is allowed to shop, and therefore the SPL must be provided within XXXX business days of application. Tolerance testing is determined by the SPL. The SPL was provided to the borrower and the title company used was on the SPL making the fees tested at a XXXX% tolerance. A cost to cure in the amount of $XXXX remains. (XXXX) Response 4 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178851 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178851 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178844 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178844 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178844 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain a CU score at XXXX or under to support the origination appraised value. Additional conditions may apply. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2172939 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172939 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172939 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172974 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172974 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172974 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172935 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172935 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172935 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170901 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170901 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2170901 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2171065 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171065 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171065 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172964 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172964 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172964 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171021 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171021 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171021 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170977 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170977 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170977 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171022 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171022 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171022 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA Risk Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172828 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172828 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172828 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172862 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172862 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172862 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172835 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172835 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172835 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170966 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170966 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170966 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171066 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 2 | 2 | |||||
| XXXX | 2171066 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | State Testing - Late Fees Test | XXXX | This loan failed the late fees test. The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located. The state regulation of (XXXX) allows for a maximum $XXXX late fee, the loan has a $XXXX late fee, based on a XXXX% penalty. The loan fails the late fees test by $XXXX. | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2171066 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2171066 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2175323 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175323 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175323 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178854 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | This loan has points and fees that exceed the points andfees threshold. (12 CFR 1026.43(e)(3)). The loan amount is $XXXX or more,and the transaction's total points and fees is $XXXX, which exceeds 3percent of the total loan amount of $XXXX. The following fees were included in the testing: Mortgage Broker Fee (Indirect) $XXXX, Points - Loan Discount Fee $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) QM PASS Rebuttal 2 (XX/XX/XXXX XX:XXAM) QM documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is not sufficient to clear the finding. The Indirect Mortgage Fee in the amount of $XXXX, XXXX was not included in the testing provided by Lender resulting in an Invalid Pass. The Indirect Mortgage Fee is required to be included in testing. If any Points- Loan Discount Fee are XXXX fide, please provide the UDR for review. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178854 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178854 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied.The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171023 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171023 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171023 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. No CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172858 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172858 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172858 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170975 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170975 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170975 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172812 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172812 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172812 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score and no other valuation in file. AVM provided supports the appraised value. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171067 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171067 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171067 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178829 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178829 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan file does not contain the required documentation to validate expenses on the borrower's primary residence located at XXXX., XXXX, XXXX. There was no evidence of real estate tax information or whether or not the property was subject to any XXXX dues. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Tax bill and no HOA Rebuttal 2 (XX/XX/XXXX XX:XXAM) Taxes are already included in the DTI. AUS & XXXX total payment is $XXXX ($XXXX P&I + $XXXX HOI + $XXXX Taxes + $XXXX HOA). Rebuttal 3 (XX/XX/XXXX XX:XXAM) Mortgage Statement is P&I only. The chart on the left shows $XXXX interest & $XXXX principal paid year to date = $XXXX. On the right hand side they have made XXXX payments of principal $XXXX each plus XXXX XXXX payment of $XXXX add XXXX payment of $XXXX = $XXXX. There are no escrows. So, P&I is $XXXX + Taxes $XXXX + HOI $XXXX + HOA $XXXX = $XXXX which aligns with the Final XXXX & AUS. DTI is correct |
Response 1 (XX/XX/XXXX XX:XXPM) Adding taxes the DTI above the XXXX% resubmission tolerance. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Please provide mortgage statement to confirm escrows. (XXXX) Response 3 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178829 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2175324 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175324 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175324 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file did not contain a CDA. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171068 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171068 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171068 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171069 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171069 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171069 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170978 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170978 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170978 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175316 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175316 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175316 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score has no score and no other valuation product in file. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175333 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175333 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175333 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172824 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172824 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172824 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score and no other valuation product in file. AVM provided does not support the value. A CDA was provided which supports the value within 10%. As the CDA is a second valuation product, per the rating agencies, this is graded as an EV2. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the value. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2175325 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175325 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175325 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file does not contain a CDA. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170994 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170994 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170994 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172823 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - Section B incorrect payee | XXXX | The loan contains a fee or fees where 'compensation to' reflects either 'Lender or Broker' under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Verification Fee. However, this fee should not be retained by the lender or broker. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2172823 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD/Lender Credits that Cannot Decrease (No Valid COC) | XXXX | The loan failed the Lender Credits that Cannot Decrease Test. The lender credit decreased on the CD issued on XX/XX/XXXX without a valid change of circumstance. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2172823 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172823 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2171070 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171070 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171070 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172965 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172965 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172965 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171024 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171024 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171024 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178842 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178842 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178842 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171113 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171113 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. Provide appraisal with color photos current appraisal is in black and white. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171113 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175314 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175314 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175314 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The file did not contain a CDA (XXXX family). AVM provided does not support the appraised value. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2171025 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171025 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171025 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171071 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171071 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171071 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178828 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178828 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178828 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. AVM provided does not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary review product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2172750 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172750 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Excluded Debts | XXXX | The file is missing documentation of prior to closing payoff from XXXX (solar) with a balance of $XXXX which was omitted from the Borrowers debt, as required by DU. | Void | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Final CD with payoff for XXXX $XXXX at subject closing, |
Response 1 (XX/XX/XXXX XX:XXPM) Agree. Payoff of XXXX was reflected on subject XXXX. (Void) |
1 | 1 | 1 | 1 | |||
| XXXX | 2172750 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172940 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172940 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172940 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172859 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172859 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172859 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171026 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171026 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171026 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170965 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170965 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170965 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170905 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170905 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170905 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was not available. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) DVR provided supports origination appraised value within 10%. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded |
1 | 1 | 1 | 1 | |||
| XXXX | 2172825 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172825 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Mortgage History - Missing/Incomplete | XXXX | Title docs and appraisal are showing that the property is currently in the name of XXXX however there is nothing provided in the file to support that the borrower has ownership in that business. This is a cash out refinance so provide supporting documents supporting borrower is owner of the business. Per fannie guides the borrower must be majority owner or controlled by the borrower to include it towards the borrower XXXX month ownership requirement. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Property Report and Warranty Deed |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172825 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU scores are not available on a XXXX unit property. The loan file did not contain any other valuation product to support the appraised value. CDA provided supports value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171027 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171027 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171027 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178830 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: XXXX, LE XX/XX/XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178830 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178830 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU scores were not available. The loan file did not contain a CDA. AVM provided does not support the appraised value within 10%. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value within 10%. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Additional secondary valuation product supports value. Downgraded to EV2. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2171028 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171028 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171028 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171029 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171029 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The borrower owns XXXX investment properties, and the loan file did not contain documentation verifying the PITI for the properties located on XXXX and XXXX. Verification of the real estate taxes and homeowners insurance was missing from the loan file to determine the borrowers total qualifying DTI. ***additional conditions may apply *** | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) PITI |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2171029 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. The loan file did not contain a CDA. AVM provided does not support the appraised value. A CDA was provided which supports the value within 10%. As the CDA is a second valuation product, per the rating agencies, this is graded as an EV2. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided does not support the appraised value. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) CDA provided supports value. |
XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded Buyer Comment 2 (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 2 | 3 | 2 | ||
| XXXX | 2171072 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171072 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171072 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170979 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170979 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Rental Property Income | XXXX | The documentation supporting income from other real estate owned is not adequately supported to meet underwriting guidelines. For XXXX we are using the lease to qualify the borrower, the property is not listed on the XXXX tax returns. Per the guidelines we will need (XXXX) Form XXXX or Form XXXX, as applicable, or (XXXX) evidence the terms of the lease have gone into effect. Evidence must include a minimum of: XXXX months consecutive bank statements or electronic transfers of rental payments for existing lease agreements, or copies of the security deposit and first full month's rent check with proof of deposit for newly executed agreements. There do not appear to be deposits in the bank statements provided. Excluding the lease of $XXXX/month increases the DTI from XXXX% to XXXX%. If rental income cannot be document will need to rerun the AUS without the rental income and confirm we have an approve eligible. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170979 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172810 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172810 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | FEMA | XXXX | XXXX completed reflecting a declared disaster after appraisal date. XXXX Low Weather System - XXXX - XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Provided in original submission |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172810 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175326 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175326 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175326 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The loan file does not contain a CDA. LCA score is XXXX. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2170976 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170976 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170976 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172783 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172783 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172783 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2171030 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171030 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171030 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171031 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171031 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171031 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU Score of XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170962 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170962 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170962 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170900 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170900 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170900 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a LCA dated XX/XX/XXXX, with a risk score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171073 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171073 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171073 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170987 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170987 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170987 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172752 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172752 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172752 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a LCA dated XX/XX/XXXX, with a risk score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172774 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172774 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172774 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170916 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the addition of the following fee was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX fee add with COC and LE |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2170916 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170916 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2170956 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170956 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170956 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172913 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172913 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172913 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172764 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172764 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172764 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170909 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170909 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170909 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172882 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172882 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172882 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170948 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170948 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170948 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171185 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171185 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171185 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172988 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172988 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172988 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170954 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170954 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170954 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175339 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175339 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Miscalculated/DTI Exceeds Tolerance | XXXX | Rental income for the subject was used based on Form XXXX; however, the Borrower's statement indicates the property will be used for short term rental. The Guidelines do not allow short term rental income based on Form XXXX. DTI increases from XXXX% to XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175339 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171096 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171096 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171096 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraisal value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171180 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. ( 12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX% | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171180 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171180 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187352 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187352 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187352 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171140 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171140 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171140 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171104 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171104 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171104 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM Supports within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM Supports within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2172797 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172797 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172797 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171142 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171142 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171142 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171162 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171162 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171162 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171135 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171135 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2171135 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided and supports the appraised value within 10% (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided and supports the appraised value within 10% (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175343 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2175343 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. Photos provided need to be in color. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175343 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - Identification | XXXX | The borrower(s) identifying information on the application and the file documentation contain unaddressed discrepancies. Provide supporting documents that XXXX and XXXX XXXX are the same person. Bank accounts and passport are all in the name of XXXX however XXXX and all closing docs have the co-borrower listed XXXX XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2175343 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187297 | 1 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX% | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187297 | 2 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - 10% Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that in total cannot increase more than XXXX% test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Survey. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2187297 | 3 of 5 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Points. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Cure docs |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2187297 | 4 of 5 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187297 | 5 of 5 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2171182 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171182 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171182 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171184 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171184 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171184 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171196 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171196 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171196 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171150 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171150 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171150 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171143 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171143 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171143 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171141 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171141 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171141 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172927 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172927 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172927 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172806 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172806 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172806 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187295 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187295 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Other | XXXX | The loan application reflects funds from the borrower's retirement account are needed for funds to close. Guidelines require evidence that the Borrower is permitted to make withdrawals. No documentation was provided to confirm. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Asset Response Rebuttal 2 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXAM) The account is a 401K. Withdrawal terms are required. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187295 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2172778 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172778 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172778 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170955 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170955 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170955 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171098 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171098 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171098 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172784 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172784 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172784 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172775 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172775 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172775 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10% (Resolved). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10% (Resolved). |
3 | 1 | 3 | 1 | |||
| XXXX | 2171205 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171205 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171205 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is a XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170915 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170915 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170915 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172892 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172892 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172892 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172903 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172903 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172903 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2175341 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Missing Rider/Addendum | XXXX | The following referenced XXXX is missing: XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Recorded SI |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2175341 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2175341 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 3 | 2 | |||||
| XXXX | 2171167 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171167 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171167 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172893 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172893 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172893 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA, dated XX/XX/XXXX which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170935 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170935 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170935 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172916 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172916 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172916 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178872 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Appraisal and Final Inspection, CD XX/XX/XXXX. A cost to cure in the amount of $XXXX is required, of which $XXXX was cured and $XXXX is still needed. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XX/XX/XXXX CIC for addition of final inspection fee |
Response 1 (XX/XX/XXXX XX:XXPM) The documents provided are sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2178872 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178872 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2171078 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171078 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171078 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171214 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171214 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171214 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172889 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172889 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172889 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178868 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - CD - APR Fail/Non-Rescindable | XXXX | This is a Non Rescindable transaction. The loan failed the TILA Finance Charge tolerance test. Per Regulation Z, the Finance Charge is considered inaccurate if the disclosed Finance Charge is understated by more than $XXXX. The final (last revised) CD issued on XX/XX/XXXX has a disclosed Finance Charge of $XXXX, which is less than the system calculated Finance Charge of $XXXX. The Finance Charge on the final CD is understated by $XXXX which is more than the allowable tolerance of $XXXX. The following fees were included in the Finance Charge calculation: Processing fee $XXXX, Underwriting fee $XXXX, XXXX $XXXX, MERS Registration fee $XXXX, Recording Service fee $XXXX, Settlement/Closing fee $XXXX, Title Courier fee $XXXX, Prepaid Interest $XXXX and XXXX fee $XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 2 | 3 | 2 | ||
| XXXX | 2178868 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | There are additional appraisal findings. Appraisal photos need to be in color per the Freddie guidelines for appraisal requirements. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Color photos |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178868 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2172792 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172792 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172792 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172990 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172990 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2172990 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. AVM provided no results. CDA required. (XXXX) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM was a no hit; CDA to be ordered. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided no results. CDA required. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded |
3 | 1 | 3 | 1 | ||
| XXXX | 2171092 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171092 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171092 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178859 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178859 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178859 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171079 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | HOC - Missing | XXXX | The Homeownership Counseling Disclosure (HOC) is missing. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a) | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2171079 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2171079 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2170912 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170912 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170912 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172772 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172772 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172772 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170911 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170911 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170911 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2172791 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172791 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2172791 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2170920 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170920 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2170920 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171183 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171183 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171183 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178870 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178870 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Liabilities - Missing Debts/DTI Within Tolerance (43%) | XXXX | The DTI did not reflect all of the borrower's debts, however, the recalculated DTI is still within allowable tolerances (XXXX%) or XXXX% MAX. DTI is greater than XXXX% greater than DTI at final run, however, the DTI is still below XXXX%. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Based on the comment it sounds like this is non-material. Can the finding be downgraded? Thanks! Rebuttal 2 (XX/XX/XXXX XX:XXAM) Our calculated DTI is XXXX%, what is yours? If it is XXXX% or less a rerun is not required. If it is more than XXXX%, can you identify the discrepancies between our numbers and yours? Thanks! Rebuttal 3 (XX/XX/XXXX XX:XXPM) Can you please provide your calculations for DTI XXXX% so I can research further? Thanks! Rebuttal 4 (XX/XX/XXXX XX:XXPM) Revised docs |
Response 1 (XX/XX/XXXX XX:XXAM) Please petition the Investor for a downgrade or re-run DU with a XXXX% DTI. (XXXX) Response 2 (XX/XX/XXXX XX:XXAM) Income $XXXX per month. Primary PITI $XXXX per month. Negative cash flow subject $XXXX per month. Negative cash flow other $XXXX per month. Other obligations $XXXX per month. Total $XXXX per month. DTI XXXX%. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) The disagreement is other obligations plus other negative cash flow. Review figure $XXXX per month. Origination figure $XXXX per month. (XXXX) Response 4 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2178870 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is unavailable. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2171209 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171209 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2171209 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178866 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178866 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C08 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed. Borrower meets XXXX eligibility. Requirement for Client only to review. Noted Compensating factors: XXXX qualifying credit score, $XXXX XXXX. residual income, $XXXX verified reserves, Self-employed XXXX years, 0x30x49 mortgage history |
Compensating factors: XXXX qualifying credit score, $XXXX XXXX. residual income, $XXXX verified reserves, Self-employed XXXX years, 0x30x49 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2178866 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178874 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178874 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178874 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | Appraisal - Value is not supported within 10% of original appraisal amount. The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2178893 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178893 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178893 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187350 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187350 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | State HPML | XXXX | This loan failed the XXXX rate spread home loan test. ( XXXX GS §XXXX-XXXXF(a)(XXXX) ). The loan is a rate spread home loan, as defined in the legislation. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187350 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187350 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187321 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187321 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187321 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains an AVM dated XX/XX/XXXX, which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187327 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2187327 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 2 | |||||
| XXXX | 2187327 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. AVM provided supports the stated appraised value within 10%. | Cleared | 1 | 2 | 1 | 2 | |||||
| XXXX | 2178897 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Compliance Finding - Other | XXXX | Testing for Federal and State threshold accuracy could not be completed through the compliance tool due to XXXX missing from the loan file. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) XXXX cert |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178897 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | The file contains no evidence that the proper amount of mortgage insurance was obtained. The mortgage insurance certification is missing to reflect evidence of borrower-paid $XXXX/month and XXXX% coverage. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 3 | 1 | |||
| XXXX | 2178897 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187314 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187314 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187314 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187303 | 1 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187303 | 2 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | State HPML | XXXX | This loan failed the XXXX rate spread home loan test. (XXXX GS §XXXX-XXXXF(a)(XXXX) The loan is a rate spread home loan, as defined in the legislation. The loan is a compliant HPML. Escrow, prepayment, and appraisal requirements have been met. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187303 | 3 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test due to one of the following findings: (XXXX §XXXX-1.1A (c)(1)(b)) The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2187303 | 4 of 6 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Executed initial CD provided |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 2 | ||
| XXXX | 2187303 | 5 of 6 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187303 | 6 of 6 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. Neither a CU score or LCA Risk score is available. There was no CU score or LCA Risk score reported. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 2 | ||||
| XXXX | 2178884 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178884 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178884 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178889 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178889 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178889 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187323 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 4 | 1 | |||||
| XXXX | 2187323 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | MI - Missing Documentation | XXXX | Per the final AUS, the borrower was required to maintain mortgage insurance coverage of XXXX%. The borrower was qualified with a monthly amount of $XXXX; however, the loan file does contain a XXXX Certificate reflecting the terms and monthly payment as indicated. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
4 | 1 | 4 | 1 | |||
| XXXX | 2187323 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 4 | 1 | |||||
| XXXX | 2178878 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178878 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178878 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178882 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178882 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178882 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178880 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178880 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178880 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178891 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178891 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178891 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178904 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | HOC - Missing | XXXX | The Homeownership Counseling Disclosure (HOC) is missing. Real Estate Settlement Procedures Act (Regulation X) 12 CFR 1024.20(a). | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2178904 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2178904 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2187304 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187304 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Large Deposits/Acceptable | XXXX | The loan file show a recent large deposit on XX/XX/XXXX in XXXX XXXX, in the amount of $XXXX. The loan file contains an LOE from XXXX stating their business partners bought out their interest in an LLC they owned; however, no documentation was provided to confirm. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187304 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187298 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187298 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase addition to the following fees was not accepted: XXXX. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) cure documents |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2187298 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187298 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178900 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178900 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178900 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187300 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187300 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Data Only Review | XXXX | A review of the loan file reflects the use of 401k funds; however, DU reflects this as a checking account. Without the use of these assets the borrowers would be short funds to close. Per FNMA guidelines vested funds from a tax-favored retirement savings accounts (401(k) accounts) are acceptable sources of funds for the down payment, closing costs, and reserves. The lender must verify the ownership of the account and confirm that the account is vested and allows withdrawals regardless of current employment status. The loan file did not contain terms of withdrawal as required. Additional conditions may apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Terms |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187300 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178902 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178902 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178902 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187341 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187341 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187341 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178901 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178901 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178901 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178881 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | State Regulations | XXXX | This loan failed the bona fide discount points test: The loan is a first lien mortgage and has a principal amount that is greater than or equal to $XXXX and charges discount points that are not paid for the purpose of reducing, and do not in fact result in a bona fide reduction of the interest rate. (XXXX §XXXX-1.1A (c)(1)(b)). | Acknowledged | 2 | 2 | 2 | 2 | |||||
| XXXX | 2178881 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2178881 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 2 | 2 | |||||
| XXXX | 2187337 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187337 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187337 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187338 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187338 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187338 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187301 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187301 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The loan file does not contain documentation to support the association dues of $XXXX for Borrower's primary residence. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) HOA Agreement. Page XXXX shows the street XXXX. Page 5 shows $XXXX/year |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187301 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178896 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178896 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178896 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178907 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178907 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178907 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178886 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178886 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178886 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187311 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187311 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187311 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187333 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187333 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The borrower owns a rental property located at XXXX. The loan application indicates this is a condominium with HOA dues; however, no documentation was provided to confirm HOA dues. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - provided in loan file |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187333 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187315 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187315 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Verification Documentation - VVOE Salaried/Aged | XXXX | A VVOE is required within XXXX Business Days of the Note Date. There is no VVOE provide for the coborrower. Provide the XXXX day VVOE to confirm current employment for the coborrower. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXX were provided in the original submission |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187315 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187308 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187308 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187308 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178883 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178883 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178883 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178879 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178879 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178879 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178905 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178905 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178905 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178895 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178895 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178895 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187302 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187302 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Cash to Close | XXXX | The loan file requires $XXXX in funds to close. The loan file contains $XXXX in verified assets. The loan file is short $XXXX in funds to close. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Per the Plaid Asset Report in file, the XXXX account had a balance of $XXXX on XX/XX/XXXX. Please clarify your balance of only $XXXX. |
Response 1 (XX/XX/XXXX XX:XXPM) The XXXX XXXX day account was subtracted from assets at review. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted Compensating factors: Self-employed XXXX years, XXXX qualifying credit score, XXXX years in primary residence owned free and clear |
Compensating factors: Self-employed XXXX years, XXXX qualifying credit score, XXXX years in primary residence owned free and clear | 3 | 2 | 3 | 2 | |
| XXXX | 2187302 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. XXXX the product that did not support. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2178910 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178910 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178910 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. No CU score and no other valuation products in file. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187309 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187309 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187309 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178916 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178916 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178916 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178908 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178908 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178908 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. File contains AVM which supports the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187313 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187313 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Miscalculated/DTI Exceeds Tolerance | XXXX | Per AUS, the XXXX were qualified with combined income of $XXXX; Borrower $XXXX and Co-Borrower $XXXX. The Borrower's income used consist of $XXXX pension and $XXXX Social Security. However, the "pension" was actually the Co-Borrower's 401K account from XXXX, in which the Borrower withdrew funds from her 401K per bank statements dated XX/XX/XXXX, obtained in the loan file. The loan file does not contained documentation of pension being received for the Borrower. Therefore, the income was miscalculated by using $XXXX. By not including $XXXX; the DTI exceeds from XXXX% to XXXX%. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Income Rebuttal 2 (XX/XX/XXXX XX:XXPM) Corrected XXXX |
Response 1 (XX/XX/XXXX XX:XXPM) Inome provided was for the Co-Borrower. Still missing pension income for the Borrower. (XXXX) Response 2 (XX/XX/XXXX XX:XXPM) The DTI is XXXX%. (XXXX) Response 3 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted Compensating factors: XXXX qualifying credit score, job stability - XXXX years, $XXXX verified reserves |
Compensating Factors: XXXX qualifying credit score, job stability - XXXX years, $XXXX verified reserves | 3 | 2 | 3 | 2 | |
| XXXX | 2187313 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2178890 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178890 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178890 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2178892 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178892 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178892 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187312 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Discount Point fee. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) CIC for discount point increase |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2187312 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187312 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178894 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178894 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178894 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178909 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178909 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178909 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. AVM provided supports the appraised value within 10%. (Resolved) | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXPM) AVM provided supports the appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2178918 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178918 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178918 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. LCA score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187319 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187319 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187319 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2187310 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: XXXX fee $XXXX, Discount Points $XXXX, Underwriting fee $XXXX and Verification of Employment $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) UDR XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187310 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Insufficient Documentation | XXXX | The loan documents and the income worksheet in the file reflects monthly qualifying bonus income of $XXXX based upon XXXX of $XXXX and XXXX $XXXX. Income worksheet reflects the statement raise and annual bonus confirmed on compensation letter, and year ending paystubs provided to support bonus receipt. Based upon all income documentation provided along with TWN, reviewer was unable to determine the XXXX bonus earnings as not reflected on the paystubs or TWN. Additional documentation required to support XXXX bonus income of $XXXX per month to keep DTI in line. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) XXXXC |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187310 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Income - Other/Missing | XXXX | The signed IRS Form 4506, no later than the note date, is missing for both borrowers as required per the LP submission. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Please see attached. |
Response 1 (XX/XX/XXXX XX:XXPM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187310 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. File contains CDA dated XX/XX/XXXX which supports the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187316 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187316 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | The loan was missing current hazard insurance policy on the primary residence at XXXX, XXXX, XXXX XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Invalid - this was in our file |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187316 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178919 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178919 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178919 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187328 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187328 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187328 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178922 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178922 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2178922 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2178912 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178912 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178912 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178911 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178911 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178911 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187318 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187318 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187318 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178913 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178913 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2178913 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187345 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | FACTA Disclosure - Missing | XXXX | The FACTA Disclosure (Notice to Home Loan Applicant/Credit Information Disclosure) is missing for borrower and co borrower. | Acknowledged | 2 | 2 | 3 | 2 | |||||
| XXXX | 2187345 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Points and Fees | XXXX | The loan's points and fees exceed the Qualified Mortgage points and fees threshold. The loan's total points and fees were $XXXX, which exceeded: XXXX% of total loan amount. The following fees were included in the testing: Commitment Fee $XXXX, Mortgage Broker Fee $XXXX and Loan Discount Points $XXXX. If discount points and fees are bona-fide and excludable, provide undiscounted rate. Truth In Lending Act (Regulation Z) 12 CFR 1026.43(e)(2)(iii), (e)(3). | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) QM documents |
Response 1 (XX/XX/XXXX XX:XXPM) The Undiscounted Rate provided allows for the exclusion of bona fide discount points. Upon recalculation, the loan is compliant and passes the Points and Fees test. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187345 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187345 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187353 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187353 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Borrower - (EAD) Risk Category | XXXX | The Borrower is not a US Citizen and provided an Employment Authorization Document (EAD) with a Category of C08 indicating that the Borrower is an XXXX or under suspended deportation orders. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed. Borrower meets XXXX eligibility. Client overlay only. Noted Compensating Factors: XXXX% DTI, $XXXX residual income, $XXXX verified reserves, Job stability - XXXX years, 0x30x88 mortgage history |
Compensating Factors: XXXX% DTI, $XXXX residual income, $XXXX verified reserves, Job stability - XXXX years, 0x30x88 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2187353 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score was XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187363 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187363 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187363 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is not assessed. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187330 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187330 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187330 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187351 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187351 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187351 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187339 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187339 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187339 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187334 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187334 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187334 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) DVR provided supports origination appraised value within 10%. (Resolved) |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2187349 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187349 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan file contains Divorce Decree stating Borrower was awarded the property 'XXXX., XXXX, XXXX XXXX' free and clear, but has to continue to pay all taxes, insurance, and mortgage. The loan file does not contain documentation on said property. XXXX research shows property was sold XX/XX/XXXX. No documentation was provided from sale of said property. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXAM) Client reviewed and elects to waive. Noted Compensating Factors: XXXX qualifying credit score, $XXXX XXXX. residual income, job stability XXXX years, 0x30x99 mortgage history |
Compensating Factors: XXXX qualifying credit score, $XXXX XXXX. residual income, job stability XXXX years, 0x30x99 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2187349 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187336 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187336 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187336 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187329 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187329 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187329 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CU score of XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187335 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 2 | 1 | |||||
| XXXX | 2187335 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 2 | 1 | |||||
| XXXX | 2187335 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX which supports the appraised value. | Cleared | 2 | 1 | 2 | 1 | |||||
| XXXX | 2187331 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187331 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187331 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187340 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187340 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Assets - Source | XXXX | Per final AUS, the borrowers are required to source any deposit that exceeds $XXXX which is XXXX% of the total income provided on the loan application. The borrowers provided bank statements from XXXX #XXXX, which reflects a transfer from the borrower's business account XXXX in the amount of $XXXX dated XX/XX/XXXX. However, the loan file does not contain a bank statement from the borrower's business account to source the funds that were transferred. Without the $XXXX, the borrowers will be short in verified assets of $XXXX. | Waived | Response 1 (XX/XX/XXXX XX:XXPM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted Compensating factors: XXXX qualifying credit score, XXXX% DTI, $XXXX XXXX. residual income, Self-employed - XXXX years, 0x30x154 mortgage history |
Compensating Factors: XXXX qualifying credit score, XXXX% DTI, $XXXX XXXX. residual income, Self-employed - XXXX years, 0x30x154 mortgage history | 3 | 2 | 3 | 2 | ||
| XXXX | 2187340 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187361 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR §1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187361 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187361 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187365 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX% | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187365 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187365 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187322 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187322 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187322 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU Score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187343 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187343 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187343 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187364 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187364 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The application lists significant debts that were not verified on the credit report and not independently verified. The loan file did not contain documentation evidencing the HOA maintenance fees for the borrowers primary residence as required to determine the accurate qualifying DTI. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - XXXX)ALL CC DEBTS AND STUDENT LOANS WERE VERIFIED VIA CREDIT REPORT AND INCLUDED WITH TOTAL HOUSING PMT AND DTI. **STUDEN LOAN #XXXX AND #XXXX ARE BEING CHARGED WITH XXXX% OF BALANCE. XXXX)UPLOADED HOA STATEMENT/INVOICE FOR PRIMARY RESIDENCE. |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187364 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187358 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187358 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187358 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187344 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Zero Tolerance Violation (No Valid COC) | XXXX | The loan failed the charges that cannot increase test. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Transfer taxes. A cost to cure in the amount of $XXXX is required. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, copy of the refund, and proof of delivery. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) CICs and corresponding LEs for transfer tax increase due to loan amount changes |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2187344 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187344 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187379 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187379 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187379 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187367 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187367 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187367 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187362 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | TRID - Initial CD/Delivery Date (prior to consummation) Non- Rescindable | XXXX | Non- Rescindable Transaction. The loan failed the Initial Closing Disclosure delivery date test due to the following: Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore not received by the consumer XXXX business days prior to the consummation date, XX/XX/XXXX If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Initial CD |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
XXXX | 3 | 1 | 3 | 1 | ||
| XXXX | 2187362 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187362 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. The loan file did not contain any other valuation product to support the appraised value. | Resolved | Response 1 (XX/XX/XXXX XX:XXPM) DVR provided supports value within 10% of original appraised value. |
XXXX (XX/XX/XXXX XX:XXAM) DVR uploaded XXXX (XX/XX/XXXX XX:XXPM) DVR Uploaded |
3 | 1 | 3 | 1 | |||
| XXXX | 2187380 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187380 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187380 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187368 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187368 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187368 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU score is XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187354 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187354 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187354 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187357 | 1 of 4 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187357 | 2 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The final XXXX reflected an additional property located XXXX. A mortgage was reflected for this property with XXXX with a payment of $XXXX. Documentation to support the mortgage payment as well as other expenses for homeowners insurance was not provided as required. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - provided in original loan file |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 2 | |||
| XXXX | 2187357 | 3 of 4 | XXXX | XXXX | XXXX | XXXX | Credit | Hazard Insurance - Missing/Insufficient | XXXX | the subject Note amount was $XXXX. The homeowners insurance policy provided reflected dwelling coverage of $XXXX. Policy did not indicate that policy included replacement cost coverage for the dwelling and a rebuild cost estimate was not provided. | Waived | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - Loan amount $XXXX - XXXX site value = XXXX - coverage is sufficient. Uploaded appraiser&#XXXX;s cost approach to value |
Response 1 (XX/XX/XXXX XX:XXPM) Minimum coverage required is the lessor of the loan amount $XXXX or estimate of cost-new $XXXX (per appraisal). Hazard policy reflects coverage $XXXX. The file does not contain a replacement cost estimate from the insurance company. (XXXX). Response 2 (XX/XX/XXXX XX:XXAM) Waiver granted by Investor. (Waived) |
XXXX (XX/XX/XXXX XX:XXPM) Client reviewed and elects to waive. Noted Compensating factors: XXXX qualifying credit score, XXXX% DTI, $XXXX verified reserves, 0x30x99 mortgage history |
Compensating Factors: XXXX qualifying credit score, XXXX% DTI, $XXXX verified reserves, 0x30x99 mortgage history | 3 | 2 | 3 | 2 | |
| XXXX | 2187357 | 4 of 4 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU dated XX/XX/XXXX with a score of XXXX was provided and supported the appraised value. | Cleared | 1 | 1 | 3 | 2 | |||||
| XXXX | 2187369 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187369 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Debts - Not Verified | XXXX | The XXXX report dated XX/XX/XXXX reflects Borrower 2 (SXXXX XXXX) with possible ownership interest in the property located at XXXX XXXX, XXXX XXXX. The loan file is missing documentation to support the PITI payment or documentation to support the exclusion of the debt from the qualifying DTI. Additional Conditions May Apply. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) Invalid - The Data Integrity Risk Evaluation Report indicates XX/XX/XXXX. Cleared not owned by bwr per county records. Research via county records determines the same |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187369 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. The CU Score is XXXX | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVMprovided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187375 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187375 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187375 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187373 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187373 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187373 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2187372 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187372 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187372 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score XXXX. | Cleared | 1 | 1 | 1 | 1 | |||||
| XXXX | 2187366 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | QM - Rebuttable Presumption | XXXX | This loan does not qualify for a safe harbor level of compliance with the qualified mortgage rule. (12 CFR 1026.43(b)(4), (e)(1)). This loan does not qualify for a safe harbor. The loan has an APR of XXXX%. The APR threshold to qualify for a safe harbor is XXXX%. | Acknowledged | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187366 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2187366 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is not supported within 10% of original appraisal amount | XXXX | The Loan file did not contain an AVM, CDA, Field Review, 2nd appraisal or CU score at XXXX or under to support the origination appraised value. CU Score XXXX. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) AVM provided. |
Response 1 (XX/XX/XXXX XX:XXAM) AVM provided supports origination appraised value within 10%. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152598 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | Security Instrument - Incomplete | XXXX | The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: Exhibit A, the Legal Description. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXAM) See attached recorded copy that included the legal. |
Response 1 (XX/XX/XXXX XX:XXPM) The documentation provided is sufficient to clear the finding. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2152598 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | No Credit Findings | XXXX | The loan meets all applicable credit guidelines. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2152598 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. CU score is XXXX and the loan file also contained a CDA, dated XX/XX/XXXX, which supports the appraised value. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160345 | 1 of 3 | XXXX | XXXX | XXXX | XXXX | Compliance | No Compliance Findings | XXXX | The loan is in compliance with all applicable laws and regulations. | Cleared | 1 | 1 | 3 | 1 | |||||
| XXXX | 2160345 | 2 of 3 | XXXX | XXXX | XXXX | XXXX | Credit | Appraisal - Other | XXXX | The appraisal reflects the property is zoned Legal Nonconforming (Grandfathered Use). There is no evidence the subject can be rebuilt if destroyed. | Resolved | Rebuttal 1 (XX/XX/XXXX XX:XXPM) Appraisal with rebuild comment added to XXXX |
Response 1 (XX/XX/XXXX XX:XXAM) Documentation received is sufficient. (Resolved) |
3 | 1 | 3 | 1 | |||
| XXXX | 2160345 | 3 of 3 | XXXX | XXXX | XXXX | XXXX | Valuation | Appraisal - Value is supported within 10% of original appraisal amount | XXXX | The appraised value was supported within 10% and all applicable appraisal guidelines were satisfied. The loan file contains a CDA dated XX/XX/XXXX that supports the appraised value. | Cleared | 1 | 1 | 3 | 1 |