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| Exception Grades | ||||||||||||||||||||||||||||||||||||||||||||||||
| Run Date - 8/7/2026 11:46:23 AM | ||||||||||||||||||||||||||||||||||||||||||||||||
| SitusAMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Loan Exception ID | Exception ID | Exception Date | Exception Type | Exception Category | Exception Subcategory | 15E Category | Exception | Exception Detail | Exception Information | Compensating Factors | Compensating Factor Information | Applying Party | Follow-up Comments | Cleared Date | Cured Date | Waived Date | Waived with Regrade | Exception Level Grade | DBRS Initial Exception Rating | DBRS Final Exception Rating | Fitch Initial Exception Rating | Fitch Final Exception Rating | Kroll Initial Exception Rating | Kroll Final Exception Rating | Moody's Initial Exception Rating | Moody's Final Exception Rating | S&P Initial Exception Rating | S&P Final Exception Rating | Note Date | Property State | Occupancy | Purpose | Exception Remediation | Overall Initial Loan Grade |
Overall Final Loan Grade |
Credit Initial Loan Grade |
Credit Final Loan Grade |
Compliance Initial Loan Grade |
Compliance Final Loan Grade |
Property Initial Loan Grade |
Property Final Loan Grade |
Originator QM ATR Status | TPR QM ATR Status | Is Curable |
| [Redacted] | [Redacted] | [Redacted] | 2 | 34864757 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. Buyer Comment (2025-09-24): [redacted]nd lien -AVM allowed |
09/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 2 | 34864758 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. Reviewer Comment (2025-09-25): AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of [redacted]. Buyer Comment (2025-09-24): [redacted]nd- AVM allowed |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 3 | 34864772 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. Buyer Comment (2025-09-24): HELOC- allows |
09/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | D | CA | Primary | Refinance - Cash-out - Other | D | D | A | A | B | A | D | D | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 3 | 34864773 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. Buyer Comment (2025-09-24): HELOC- |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | D | A | A | B | A | D | D | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 3 | 34864775 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock agreement is missing. | Reviewer Comment (2025-09-25): Received rate lock
agreement. Exception cleared. Buyer Comment (2025-09-24): see attached |
09/25/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | D | A | A | B | A | D | D | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 4 | 34864780 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal effective date prior to application date | Reviewer Comment (2025-09-30): Received required
documentation. Condition cleared. Buyer Comment (2025-09-26): appraisal and cda |
09/30/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 4 | 34864781 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary valuation effective date prior to application date | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 4 | 34864782 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Note Line Limit of $[redacted] is less than Guideline minimum Line Limit of $[redacted]. Lender Exception was made for loan amount under $[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2025-09-24): Client elects to waive with
compensating factors. |
09/24/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 5 | 34864784 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Missing Lender's Initial [redacted] | Reviewer Comment (2025-10-01): Cleared. Received
[redacted] Buyer Comment (2025-09-30): see attached |
10/01/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 5 | 34864785 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-01): Received rate lock Buyer Comment (2025-09-30): see attached |
10/01/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 9 | 34939498 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees disclosed on the final Closing statement do not match the disclosed fees on the Heloc agreement. | Reviewer Comment (2025-10-15): Client elects to waive. Buyer Comment (2025-10-13): elects to waive Reviewer Comment (2025-10-13): Fee amounts were sourced from multiple disclosures and do not match Heloc agreement provided. However the exception is Ev[redacted] and can be waived. Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
10/15/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 10 | 34939501 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note - Senior Lien not provided | Note - Senior Lien is not provided. | Reviewer Comment (2025-09-29): Mortgage statement and
credit verified and updated the data. Exception cleared. Buyer Comment (2025-09-26): [redacted] obtained [redacted]st mtg stmt |
09/29/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 10 | 34939502 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Missing | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower. | Reviewer Comment (2025-10-16): Document for HELOC Billing
Rights Disclosure is already provided. Exception cleared. Buyer Comment (2025-10-15): see attached |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 11 | 34939505 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock document is missing. | Reviewer Comment (2025-09-26): Received document for rate
lock date. Exception cleared. Buyer Comment (2025-09-25): see attached |
09/26/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 11 | 34939507 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted] month pay history for from [redacted] needed, was paid off with proceeds. | Reviewer Comment (2025-10-08): Received. Cleared. Buyer Comment (2025-10-06): see attached- |
10/08/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 12 | 34939509 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Reviewer Comment (2025-10-03): Appraisal delivery
confirmation document received, exception cleared. Buyer Comment (2025-10-01): see attached |
10/03/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Investment | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 13 | 34939521 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B" | Reviewer Comment (2025-11-18): Cleared. Reviewer Comment (2025-11-18): reopen Reviewer Comment (2025-10-01): Client elects to waive. |
11/18/2025 | No | 1 | A | A | A | A | A | A | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 13 | 34939522 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-18): Cleared as appraisal
transfer letter is in the file. Reviewer Comment (2025-11-18): Client elects to waive. Reviewer Comment (2025-10-15): Client elects to waive. Buyer Comment (2025-10-10): see attached Buyer Comment (2025-10-10): This is a transferred appraisal CDA [redacted] Reviewer Comment (2025-10-10): CDA in file has effective date same as appraisal, [redacted]. Buyer Comment (2025-10-08): see attached Reviewer Comment (2025-10-06): A secondary valuation with effective date less than [redacted] months past note date is not located in the file. Buyer Comment (2025-10-02): heloc appraisal valid for [redacted] days |
11/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 14 | 34939524 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Underwriting Fee) | Underwriting fee on Heloc agreement is $[redacted] however on closing statement the fee is $[redacted] | Reviewer Comment (2025-10-06): received corrected
statement Buyer Comment (2025-10-03): see attached Buyer Comment (2025-10-03): Closing department states title grouped the $[redacted] UW fee and $[redacted] doc pre fee together for total of $[redacted] |
10/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 14 | 34939525 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | HELOC Agreement Fees do not match the Closing Disclosure Fees. | Reviewer Comment (2025-10-06): received corrected
statement Buyer Comment (2025-10-03): see attached Buyer Comment (2025-10-03): Per closing dept -title lumped together $[redacted] UW fee and $[redacted] doc prep fee together for total of $[redacted] |
10/06/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 14 | 34939528 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy started [redacted] and note is dated [redacted]. No prior insurance coverage was provided. | Reviewer Comment (2025-10-10): Received hazard insurance
covering note date. Exception cleared. Buyer Comment (2025-10-08): Please review the documents- prior policy was previously provide [redacted] to [redacted] and the renewal policy [redacted]-[redacted] Reviewer Comment (2025-10-06): Received duplicate insurance policy reflecting effective date [redacted]. Condition remains. Buyer Comment (2025-10-02): see attached |
10/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 15 | 34939530 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 15 | 34939531 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 15 | 34939532 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Closing Statement includes [redacted] fees that are not reflected on the HELOC Agreement. | Reviewer Comment (2025-10-15): Client elects to waive. Buyer Comment (2025-10-12): [redacted] to waive- grade [redacted] |
10/15/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 16 | 34939535 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-06): Client elects to waive Buyer Comment (2025-10-02): see attached |
10/06/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | NV | Investment | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939570 | Compliance | Loan Package Documentation | Loan File | Loan Package Documentation | Missing File: Loan images/file not provided. | Missing critical documents to complete review. | Reviewer Comment (2025-10-17): Received documens. |
10/17/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939571 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | [redacted] Initial - Lender's is missing in the file. | Reviewer Comment (2025-10-09): Provided initial [redacted]
loan application. Exception cleared. Buyer Comment (2025-10-08): see attached |
10/09/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939572 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-10-21): final title policy was
delivered to borrower post closing. Buyer Comment (2025-10-17): see attached |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939573 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-10): Client elects to waive |
10/10/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939574 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock not provided. | Reviewer Comment (2025-10-09): Provided rate lock.
Exception cleared. Buyer Comment (2025-10-08): see attached |
10/09/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939576 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank [redacted]): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Homeownership Counseling Organizations disclosure not provided. | Reviewer Comment (2025-10-17): Client elects to waive. Buyer Comment (2025-10-15): elects to waive |
10/17/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939578 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | FICO score not provided on credit report. | Reviewer Comment (2025-10-16): Credit report received
& FICO score updated. Buyer Comment (2025-10-15): see attached Buyer Comment (2025-10-15): see attached matrix and credit report- borrower qualifies |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939579 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. | - | Not provided on valuation. | Reviewer Comment (2025-10-16): No HOA fees available.
Exception cleared. Buyer Comment (2025-10-15): title and appraisal support property does not support they have HOA. ?? |
10/16/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 17 | 34939580 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | AUS/Guideline Findings: All conditions were not met | REO documents are missing for both the investment properties. | Reviewer Comment (2025-10-16): REO documents received
& associated. Exception cleared. Buyer Comment (2025-10-15): see attached |
10/16/2025 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | B | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 18 | 34939584 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-01): Client elects to waive. |
11/18/2025 | No | 1 | A | A | A | A | A | A | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 18 | 34939586 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-14): Client elects to waive. Buyer Comment (2025-10-10): not required Reviewer Comment (2025-10-09): Provided [redacted] and CDA is already a part of the initial package. Exception remains. Buyer Comment (2025-10-08): see attached |
11/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 19 | 34939593 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-01): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/01/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 19 | 34939594 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-01): Client elects to waive |
10/01/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 19 | 34939596 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | This file was missing a copy of VVOE. Per guidelines, Verbal Verification of Employment VVOE completed within [redacted] days of closing must be provided. | Reviewer Comment (2025-10-09): Received third party
verification. Exception cleared. Buyer Comment (2025-10-08): see attached Reviewer Comment (2025-10-08): Require VVOE document provided within the [redacted] business days from the closing date, as provided VVOE document is after the closing date, Exception Remains. Buyer Comment (2025-10-07): see attached |
10/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939616 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-10-20): Final Title Policy
received. Exception cleared. |
10/20/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939617 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-10-20): Title policy amount updated
from Final title policy. Exception cleared. Buyer Comment (2025-10-17): see attached |
10/20/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939618 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | The Security Instrument provided is for a different property. | Reviewer Comment (2025-10-14): Received Security
Instrument and Rider of Subject Lien. Exception cleared. Buyer Comment (2025-10-10): see attached |
10/14/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939619 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Reviewer Comment (2025-10-14): Received Final [redacted].
Exception cleared. Buyer Comment (2025-10-10): see attached |
10/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939621 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Tax Advisor Statement Missing | Truth in Lending Act (HELOC): Creditor did not provide statement that the consumer should consult a tax advisor. | Reviewer Comment (2025-10-15): Details corrected on
compliance data screen. Exception cleared. |
10/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939622 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Impermissible Provision on HELOC Agreement | Truth in Lending Act (HELOC): Agreement contains provision allowing creditor to unilaterally change terms of plan for impermissible circumstances. | Reviewer Comment (2025-10-15): Details corrected on
compliance data screen. Exception cleared. Buyer Comment (2025-10-14): see attached |
10/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939624 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Note Date used as Transaction Date | Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements | Reviewer Comment (2025-10-15): Notice of Right to Cancel
received and verified. Exception cleared. Buyer Comment (2025-10-14): see attached |
10/15/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 21 | 34939625 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-10-15): Notice of Right to Cancel
received and verified. Exception cleared. Buyer Comment (2025-10-14): see attached |
10/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 25 | 34939641 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-18): cleared Reviewer Comment (2025-11-18): reopened Reviewer Comment (2025-10-07): Client elects to waive. |
11/18/2025 | No | 1 | A | A | A | A | A | A | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 25 | 34939643 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-18): Cleared as appraisal
transfer letter is in the file. Reviewer Comment (2025-11-18): reopened Reviewer Comment (2025-10-07): Client elects to waive. |
11/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 27 | 34939656 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to securitized. valuation was provided. | Reviewer Comment (2025-11-18): Cleared as appraisal
transfer letter is in the file. Reviewer Comment (2025-11-18): reopened Reviewer Comment (2025-10-16): Client elects to waive. |
11/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 27 | 34939657 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AAVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B" | Reviewer Comment (2025-11-18): Cleared Reviewer Comment (2025-11-18): reopened Reviewer Comment (2025-10-16): Client elects to waive. |
11/18/2025 | No | 1 | A | A | A | A | A | A | A | B | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 29 | 34939662 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-23): Client elects to waive. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 29 | 34939663 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-24): Received Rate Lock
document. Exception cleared. Buyer Comment (2025-10-23): see attached |
10/24/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 29 | 34939665 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Client elects to waive. |
10/23/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | WA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156014 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Coverage shortfall of $[redacted]. No evidence of replacement cost estimator in file. | Reviewer Comment (2025-09-25): Hazard insurance coverage
amount is more than the [redacted]% of the replacement cost value. Exception
cleared. Buyer Comment (2025-09-24): Borrower currently has $[redacted] cov w/ addtl $[redacted] =Total required [redacted]% of [redacted] $[redacted] = $[redacted] - has $[redacted] |
09/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156016 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI exceeds maximum. The discrepancy is in the additional debt of the borrower, Lender is using $[redacted]/month when the total additional debt is $[redacted] | Reviewer Comment (2025-09-25): Liability was paid by other
party, bank statement received. Exception cleared. Buyer Comment (2025-09-24): excluded payment w/ proof other makes the payments for the [redacted] acct |
09/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156017 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Some fees listed on the Heloc agreement do not match what is reflected on the closing statement. | Reviewer Comment (2025-12-01): Client elects to waive. Buyer Comment (2025-11-26): EV2 -elects to waive Reviewer Comment (2025-11-25): The fees on the HELOC agreement do not match the Brrower's Final Settle Statement that is located in the file. Buyer Comment (2025-11-21): see attached Reviewer Comment (2025-11-18): Reviewed trailing HUD and Heloc agreement. The following fees are different on the HUD than what is reflected on the Heloc agreement. Notary Fee, Settlement fee, Lenders title insurance, Mortgage recording fee, release fee and affordable housing fee. Buyer Comment (2025-11-17): see attached Reviewer Comment (2025-11-12): This exception is addressing the fees on the Heloc agreement are different than what is on closing statement. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-10-13): Some of the fees listed in the HELOC agreement differ from those shown on the closing statement. Exception remains. Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
12/01/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156018 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Per the documentation in the file | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-10-13): The loan has an early termination fee. Exception remains Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156019 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Per the documentation in the file | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-10-13): The loan has an early termination fee. Exception remains Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156020 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100) | High-Cost Mortgage (Dodd-Frank [redacted]) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $[redacted] tolerance. | Document reflects loan amount is $[redacted]k. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-13): Document ([redacted]) reflects borrowing amount as $[redacted], which is greater than the loan amount of $[redacted], exception remains. Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156021 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-13): Documentation to verify the undiscounted Interest rate and price for testing is not located in the file. Exception remains Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156022 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Entered as shown on the Heloc agreement which exceeds the maximum | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-13): Documentation to verify the undiscounted Interest rate and price for testing is not located in the file and late charge exceeds [redacted]%. Exception remains. Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156023 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-10-31): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. Reviewer Comment (2025-10-13): Documentation to verify the undiscounted Interest rate and price for testing is not located in the file. Exception remains Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. Reviewer Comment (2025-09-26): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 30 | 35156024 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Counseling disclosure was not located in the file | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-13): The HOEPA Counseling disclosure is not located in the file. Exception remains Buyer Comment (2025-10-09): all our [redacted]nds are Non-QM. QM findings do not apply. Reviewer Comment (2025-09-26): Received List of Housing Counselors which was available in file with initial package. Require HOEPA Counseling Certification. Exception remains. Buyer Comment (2025-09-24): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156025 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156026 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156028 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender exception required for Note Line Limit of $[redacted] is less than Guideline minimum Line Limit of $[redacted]. | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-09-23): Client elects to waive with
compensating factors. |
09/23/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156030 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Per lender guides, the following is required however is missing
from the file. Borrower must document eligible continuous self-employment
history with business license or statement from corporate accountant/CPA confirming the same. |
Reviewer Comment (2025-10-22): Document received and
associated. Exception cleared. Buyer Comment (2025-10-20): See attached State filing for the business - This is the VOE as of the closing date documenting the business in excess of [redacted] years. |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156031 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Loan has an early termination fee. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): see attached - it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-11-12): An [redacted] HELOC Acknowledement Disclosure that is signed by the borrower indicating an early terminatin fee is located in the file. Buyer Comment (2025-11-07): Please see attached- there is no PPP or early termination fee on this file. It was removed. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156032 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Loan has an early termination fee. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. Reviewer Comment (2025-11-12): An [redacted] HELOC Acknowledement Disclosure that is signed by the borrower indicating an early terminatin fee is located in the file. Buyer Comment (2025-11-07): There is no PPP or early termination fee on this file. It was removed |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156033 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100) | High-Cost Mortgage (Dodd-Frank [redacted]) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $[redacted] tolerance. | The loan amount on the disclosure reflects $[redacted]k, not the correct loan amount. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-12): it appears they are including the wrong early termination fee for in the calculation. The actual notarized document shows no early term fee thus should not be included in their calculation. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156034 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156035 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156036 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 31 | 35156037 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 32 | 35156039 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate lock document is missing. | Reviewer Comment (2025-10-01): Rate lock agreement
received. Buyer Comment (2025-09-29): see attached |
10/01/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 32 | 35156048 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | File is missing a legible final closing statement for the subject property. | Reviewer Comment (2025-10-03): Final closing statement
received and updated. Buyer Comment (2025-10-01): see attached |
10/03/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156050 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156051 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156052 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-10-27): Received [redacted]st
payment letter. Condition cleared Buyer Comment (2025-10-23): Attached Buyer Comment (2025-10-23): See attached settlement and first payment letter from the end of [redacted] [redacted]. Loan is escrrowed. Reviewer Comment (2025-10-06): Please provided insurance policy to verify annual premium for the [redacted property. Buyer Comment (2025-10-06): see pg [redacted] supports correct prop address Reviewer Comment (2025-10-06): Please provide insuranve verification for [redacted]. Buyer Comment (2025-10-02): see attached |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156056 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Loan has a [redacted]st payment date of [redacted] with a maturity date of [redacted]. | Reviewer Comment (2025-11-12): Data corrected, exception
cleared. Buyer Comment (2025-11-11): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156057 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on the Heloc agreement do not match the fees on the final closing statement. | Reviewer Comment (2025-11-12): Amount corrected, exception
cleared. Buyer Comment (2025-11-11): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 33 | 35156058 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on the Heloc agreement do not match the fees on the final closing statement. | Reviewer Comment (2025-11-12): Amount corrected, exception
cleared. Buyer Comment (2025-11-11): see attached |
11/12/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 34 | 35156059 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Mortgage statements are missing for the first/second mortgage. | Reviewer Comment (2025-10-03): Mortgage statement received
& associated. Exception cleared. Buyer Comment (2025-10-01): see attached |
10/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 34 | 35156061 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Loan has a first payment date of [redacted] with a maturity date of [redacted]. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-11-12): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Note term of [redacted] does not match Guideline term of [redacted]. Reviewer Comment (2025-10-24): File would require a corrected signed/dated Heloc with the correct maturity date, a destroyed note affidavit for the initial Heloc, a corrected security instrument with the correct maturity date and evidence the Security instrument has been re-recorded. Buyer Comment (2025-10-22): Please advise if we are able to provide an updated Note- dates on the first payment letter are accurate [redacted] to [redacted]. The Note shows [redacted] Reviewer Comment (2025-10-03): First payment letter reflects monthly payment will begin on [redacted] and continue till [redacted]. Exception remains. Buyer Comment (2025-10-01): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 34 | 35156062 | Compliance | Compliance | Federal Compliance | TILA | HELOC Balloon Statement | HELOC Agreement with terms providing a balloon payment does include a statement indicating that paying only the minimum periodic payments may not repay any of the principal or may repay less than the outstanding balance which could result in a balloon payment. | Loan has a first payment date of [redacted] with a maturity date of [redacted]. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-24): File would require a corrected signed/dated Heloc with the correct maturity date, a destroyed note affidavit for the initial Heloc, a corrected security instrument with the correct maturity date and evidence the Security instrument has been re-recorded. Buyer Comment (2025-10-22): Please advise if we are able to provide an updated Note- dates on the first payment letter are accurate [redacted] to [redacted]. The Note shows [redacted] Reviewer Comment (2025-10-03): First payment letter reflects monthly payment will begin on [redacted] and continue till [redacted]. Exception remains. Buyer Comment (2025-10-01): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 35 | 35156064 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary Valuation provided in file meets guidelines requirements. | Reviewer Comment (2025-10-22): Received lender
attestation. Broker order appraisal prior to submitting loan to [redacted].
Condition cleared. Buyer Comment (2025-10-18): see attached Reviewer Comment (2025-10-10): The exception is generating due to the appraisal and CDA are both dated prior to the application date. Buyer Comment (2025-10-08): see attached Reviewer Comment (2025-10-06): The exception is generating due to the appraisal and CDA are both dated prior to the application date. Buyer Comment (2025-10-02): appraisal/ cda valid for [redacted] days |
10/22/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 35 | 35156065 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal provided in the file meets the guidelines requirements. | Reviewer Comment (2025-09-26): Client elects to waive. |
09/26/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 36 | 35156067 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Closing statement amount does not match the HELOC Agreement and Disclosure amount. | Reviewer Comment (2025-11-12): Received updated HELOC
agreement. Exception cleared. Buyer Comment (2025-11-11): see attached |
11/12/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 36 | 35156069 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-01): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/01/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156071 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | Address [redacted] | Reviewer Comment (2025-10-21): Received required
documentation. Condition cleared. Reviewer Comment (2025-10-21): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Valuation Type: Appraisal / Valuation Report Date: [redacted], Valuation Type: Desk Review / Valuation Report Date: [redacted] Buyer Comment (2025-10-17): see attached |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156072 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | Address [redacted] | Reviewer Comment (2025-10-20): Received corrected Flood
Certificate. Exception cleared. Buyer Comment (2025-10-17): see attached |
10/20/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156073 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address [redacted] | Reviewer Comment (2025-10-28): Exception cleared - The
updated Homeowners Insurance document received with correct address. Buyer Comment (2025-10-28): see attached |
10/28/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156074 | Credit | Document Error | General | Document Error | Escrow Holdback present and required documentation not in file. | A lender holdback of $[redacted] was reflected on the final closing statement. All supporting documentation for this holdback was not located in the file. In addition, evidence the Holdback has been released was also not located. | Reviewer Comment (2025-10-27): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-10-23): There is no holdback on this file. This is a HELOC with a credit limit of $[redacted] but the draw was only for $[redacted]. That left a balance of $[redacted] that was not used. |
10/27/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156075 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Discrepancy is due to the first payment date of [redacted] with a maturity date of [redacted] and the Notary date of [redacted] | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 37 | 35156076 | Compliance | Compliance | Federal Compliance | TILA | HELOC Balloon Statement | HELOC Agreement with terms providing a balloon payment does include a statement indicating that paying only the minimum periodic payments may not repay any of the principal or may repay less than the outstanding balance which could result in a balloon payment. | Discrepancy is due to the first payment date of [redacted] with a maturity date of [redacted]. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 38 | 35156088 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-01): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/01/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 38 | 35156089 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-12-10): Client elects to waive. Reviewer Comment (2025-12-10): . Reviewer Comment (2025-10-01): The file is missing a copy of the secondary valuation required for securitization purposes. |
12/10/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 38 | 35156091 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Note document reflects city name as "[redacted]" and Hazard insurance city name reflecting as "[redacted]". | Reviewer Comment (2025-10-23): Updated policy received,
exception cleared. Buyer Comment (2025-10-22): See attached |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 39 | 35156095 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | File is missing the most recent [redacted] month payment history for the subject property [redacted]st mortgage. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-21): Client elects to waive with
compensating factors. Buyer Comment (2025-10-17): see attached |
10/21/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Second Home | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156106 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-10-22): Final Title Policy
received, exception cleared. |
10/22/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156107 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: [redacted] | Appraisal is missing from the file. | Reviewer Comment (2025-10-22): Appraisal received,
exception cleared Buyer Comment (2025-10-20): See attached |
10/22/2025 | No | 1 | D | A | D | A | D | A | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156108 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Appraisal is missing from the file. | Reviewer Comment (2025-10-02): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
"B |
10/02/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156109 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Approval in file is for a different property. | Reviewer Comment (2025-10-22): Approval received,
exception cleared Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156110 | Credit | Loan Package Documentation | Application / Processing | Insurance | Missing Document: Flood Certificate not provided | Flood Certificate in file is for a different property. | Reviewer Comment (2025-10-22): Flood Certificate received,
exception cleared Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156111 | Credit | Loan Package Documentation | Loan File | Missing Document | Missing Document: Hazard Insurance Policy not provided | Hazard insurance policy in file is for a different property. | Reviewer Comment (2025-10-22): Hazard Policy received,
exception cleared Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156112 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal [redacted] in file is for a different property. | Reviewer Comment (2025-10-22): Appraisal received,
exception cleared Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156113 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-10-22): Final Title Policy
received, exception cleared. Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156114 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | The property is located in Fema disaster area. Provide a post-disaster inspection verifying there is no damage. The inspection must include exterior photos and the property must be re-inspected on or after [redacted] declared end date. | Reviewer Comment (2025-10-22): Appraisal received,
exception cleared Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156115 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing hazard insurance policy documents | Reviewer Comment (2025-10-22): REO missing documents
received, exception cleared. Buyer Comment (2025-10-21): See all Property docs |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156116 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Third party verification/business search in file is undated. | Reviewer Comment (2025-10-22): Third party verification
received, exception cleared. Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156117 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification/business search in file is undated. | Reviewer Comment (2025-10-22): Third party verification
received, exception cleared. Buyer Comment (2025-10-20): see attached |
10/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 40 | 35156118 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2025-10-24): Received CDA. Exception
cleared. Buyer Comment (2025-10-23): SEE CDA Buyer Comment (2025-10-22): see attached |
10/24/2025 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | A | A | D | B | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 41 | 35156120 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2025-10-14): updated disbursement
date Buyer Comment (2025-10-10): dis [redacted] |
10/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 41 | 35156121 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-13): Client elects to waive. Buyer Comment (2025-10-10): see attached |
10/13/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 41 | 35156122 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-13): Client elects to waive. |
10/13/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 41 | 35156125 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-10-31): Note date is [redacted] and the notary date is [redacted], while using consummation date ([redacted]) for calculating the term, the term is [redacted] months. Exception remains. Buyer Comment (2025-10-30): The borrower and notary signed the documents on the [redacted]th ? Reviewer Comment (2025-10-22): Citing is due to the notary date is the day after the note date. |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 41 | 35156126 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Full appraisal provided is more than [redacted] days from Note date, a re-certification of appraisal is needed per guideline. | Reviewer Comment (2025-10-17): Received [redacted]
Certificate of Completion, Exception Cleared Buyer Comment (2025-10-16): see attached |
10/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 42 | 35156128 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-03): Client elects to waive. |
10/03/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 42 | 35156129 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-03): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-10-30): Again, this appraisal was transferred in. Please provide information as to why it is not acceptable. We have provided the transfer documentation. Reviewer Comment (2025-10-30): Received appraisal transfer letter however the application date is [redacted] and the appraisal and the CDA an effective date of [redacted] which is prior to the application date. Buyer Comment (2025-10-29): See transfer letter Buyer Comment (2025-10-28): This was a transferred appraisal. Reviewer Comment (2025-10-27): The issue here is the application date was [redacted], however the appraisal and the CDA both have an effective date of [redacted] which is prior to the application date. Buyer Comment (2025-10-23): This CDA is dated [redacted], this is in the timeframe of this loan and a short time after the loan was submitted. Loan went into UW on [redacted] Buyer Comment (2025-10-23): See CDA Buyer Comment (2025-10-23): CDA attached Reviewer Comment (2025-10-23): No new CDA located in the file, exception remains. Buyer Comment (2025-10-21): VVOE Buyer Comment (2025-10-21): CDA |
11/03/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 42 | 35156131 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Require verification of employment within [redacted] business days from Note date for borrower. | Reviewer Comment (2025-10-23): Third party employment
verification received for the borrower, exception cleared. |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 42 | 35156132 | Credit | Income / Employment | Income Documentation | Income / Employment | The verification of employment is required and was not found in file. | - | Require verification of employment within [redacted] business days from Note date for borrower. | Reviewer Comment (2025-10-23): Third party employment
verification received for the borrower, exception cleared. |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 42 | 35156133 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | - | Require verification of employment within [redacted] business days from Note date for borrower. | Reviewer Comment (2025-10-23): Third party employment
verification received for the borrower, exception cleared. |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 43 | 35156137 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Client elects to waive. Buyer Comment (2025-10-21): PCI |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | CT | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 44 | 35156140 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. One valuation was provided, with no CU or LC | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
Borrower has been employed in the same industry for more than
[redacted] years. Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
Originator,SitusAMC Originator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-08): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted]. |
10/08/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 44 | 35156141 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-08): Client elects to waive. |
10/08/2025 | No | 2 | A | A | A | A | A | A | B | B | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 44 | 35156143 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | File contains a Lender approved exception for Line and Loan Limit of $[redacted], The note line and loan limit is $[redacted], which is less than the guideline requirements of $[redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
Borrower has been employed in the same industry for more than
[redacted] years. Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
Originator,SitusAMC Originator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-08): Client elects to waive with
compensating factors. |
10/08/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | A | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 44 | 35156144 | Credit | Credit | Credit Documentation | Guideline | The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file. | Reviewer Comment (2025-10-27): Credit supplement received
and verified. Exception cleared. Buyer Comment (2025-10-23): borrowers own primary [redacted] for [redacted] mos -see attached documents Buyer Comment (2025-10-23): borrowers own primary [redacted] S. [redacted]for [redacted] mos -see attached documents |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Primary | Refinance - Cash-out - Other | D | B | C | B | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 45 | 35156146 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-04): Received appraisal transfer
letter. Condition cleared. Buyer Comment (2025-10-31): see attached |
11/04/2025 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CT | Investment | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 45 | 35156147 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-08): Client elects to waive. |
10/08/2025 | No | 2 | A | A | A | A | A | A | B | B | CT | Investment | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 46 | 35156149 | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | - | The received CPA letter is not dated. Provide the CPA letter with date within [redacted] days of the note date. | Reviewer Comment (2025-10-27): CPA attestation received
and verified. Exception cleared. Buyer Comment (2025-10-23): See bank statements Buyer Comment (2025-10-23): See bank statements, all are dated Buyer Comment (2025-10-23): See UW CERT |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 46 | 35156150 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | The received CPA letter is not dated. Provide the CPA letter with date within [redacted] days of the note date. | Reviewer Comment (2025-10-27): CPA attestation received
and verified. Exception cleared. |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 47 | 35156153 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Sec ID: [redacted] | Reviewer Comment (2025-11-05): Cleared. Received appraisal
transfer letter. Buyer Comment (2025-11-03): this was a transferred appraisal |
11/05/2025 | No | 1 | D | A | A | A | D | A | A | D | A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 47 | 35156154 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-08): Client elects to waive. |
10/08/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 47 | 35156156 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-05): Client elects to waive. |
11/05/2025 | No | 3 | N/A | A | N/A | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 48 | 35156158 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock Date not provided. | Reviewer Comment (2025-10-23): Rate lock document
received, exception cleared. Buyer Comment (2025-10-22): see attached |
10/23/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 49 | 35156160 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. One valuation was provided, with no CU or LCA | Reviewer Comment (2025-10-09): Client elects to waive. |
10/09/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | B | B | B | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 49 | 35156161 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-09): Client elects to waive. |
10/09/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | B | B | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 49 | 35156162 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-27): Rate Lock document received
and verified. Exception cleared Buyer Comment (2025-10-23): Last lock |
10/27/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | D | B | B | B | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 49 | 35156164 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | A Lender exception was provided for - loan does not meet minimum loan amount guideline requirement of $[redacted] . Exception approved for $[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Borrower has been employed in the same industry for [redacted] years. | Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-09): Client elects to waive with
compensating factors. |
10/09/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | B | B | B | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 50 | 35156166 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): see attached- loan is [redacted]nd allowed per guidelines |
10/30/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 50 | 35156167 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): loan is a heloc-allowed per guidelines |
10/30/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 50 | 35156168 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-10-31): Client elects to waive. Buyer Comment (2025-10-29): elects to waive- grade [redacted] |
10/31/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 51 | 35156172 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-11-14): Client elects to waive. Reviewer Comment (2025-10-31): Client elects to waive. Buyer Comment (2025-10-29): elects to waive- grade [redacted] |
11/14/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 51 | 35156173 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-30): Rate lock received. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 51 | 35156175 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception for loan amount over $[redacted]k. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-14): Client elects to waive with
compensating factors. |
10/14/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 52 | 35156176 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-28): Client elects to waive. Buyer Comment (2025-10-24): AVM Buyer Comment (2025-10-24): See Last lock Buyer Comment (2025-10-24): See AVM Buyer Comment (2025-10-24): See PCI |
10/28/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 52 | 35156177 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-28): Client elects to waive. Buyer Comment (2025-10-27): Loan is a HELOC- AVM and PCI provided |
10/28/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 52 | 35156179 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-27): Rate Lock document received
and verified. Exception cleared Buyer Comment (2025-10-24): See last lock |
10/27/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 53 | 35156181 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary valuation is not available, as would be required for securitization. | Reviewer Comment (2025-10-14): Client elects to waive. |
10/14/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 53 | 35156182 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary valuation is not available, as would be required for securitization. | Reviewer Comment (2025-10-14): Client elects to waive. AVM
provided as a primary valuation on a [redacted]nd lien. Rating is a
[redacted] for [redacted] per [redacted] Securitization Bulletin. expects an
origination valuation to be conducted that meets industry standards. If the
initial product is not an appraisal but has a supporting valuation the loan
will receive a grade of [redacted]. |
10/14/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 55 | 35156188 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-29): Rate Lock document
received, exception cleared. Buyer Comment (2025-10-27): see attached |
10/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 55 | 35156190 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-10-29): Exception cleared. Received
Final Title Policy and updated correctly with coverage amount. Buyer Comment (2025-10-28): see attached |
10/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 56 | 35156192 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): loan is HELOC- |
10/30/2025 | No | 2 | A | A | A | A | A | A | B | B | SC | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 56 | 35156193 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. One valuation was provided, with no CU or LCA | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): Loan is HELOC |
10/30/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | SC | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 57 | 35156195 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-11-10): Received Final Title Policy
with coverage amount $[redacted]. Exception cleared. |
11/10/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 57 | 35156196 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 57 | 35156197 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 57 | 35156199 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-10): Received Final Title Policy
with coverage amount $[redacted]. Exception cleared. Buyer Comment (2025-11-07): see attached - FTP |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156200 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. One valuation was provided, with no CU or LCA. | Reviewer Comment (2025-10-28): Client elects to waive. Buyer Comment (2025-10-24): SEE AVM |
10/28/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156201 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-16): Client elects to waive. |
10/16/2025 | No | 2 | A | A | A | A | A | A | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156202 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2025-10-16): Client elects to waive. |
10/16/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156203 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Reviewer Comment (2025-10-27): received final
[redacted]. Buyer Comment (2025-10-24): FINAL [redacted] |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156206 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-10-31): Client elected to waive. Buyer Comment (2025-10-29): elects to waive -grade [redacted] |
10/31/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156207 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2025-10-27): RTC received. Buyer Comment (2025-10-24): SEE ATTACHED Buyer Comment (2025-10-24): SEE ATTACHED RIGHT TO CANCEL DOCS |
10/27/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 58 | 35156208 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | lThe Line Limit of $[redacted] is less than Guideline minimum Line Limit of $[redacted]. A Lender Exception approval was provided. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2025-10-16): Client elects to waive with
compensating factors. |
10/16/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 59 | 35156209 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-17): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/17/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 59 | 35156210 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-17): Client elects to waive |
10/17/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 60 | 35156213 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary appraisal is not required on second lien. | Reviewer Comment (2025-10-17): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/17/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 60 | 35156214 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Secondary appraisal is not required on second lien. | Reviewer Comment (2025-10-17): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/17/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 60 | 35156215 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount. | Reviewer Comment (2025-10-29): Supplemental title report
has been received. Exception Cleared. Buyer Comment (2025-10-29): see attached |
10/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 61 | 35156219 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-30): Initial Rate lock document
received. Exception cleared. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 61 | 35156221 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 61 | 35156222 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Client elects to waive |
10/21/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 62 | 35156225 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock Date not provided. | Reviewer Comment (2025-10-29): Received Rate Lock
document. Exception cleared. Buyer Comment (2025-10-28): see attached |
10/29/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 64 | 35156233 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted]. |
10/21/2025 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 64 | 35156234 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Client elects to waive |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | NV | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156237 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: [redacted] | Reviewer Comment (2025-10-31): Received required
documentation. Condition cleared. Buyer Comment (2025-10-29): see attached |
10/31/2025 | No | 1 | D | A | D | A | D | A | A | D | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156238 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-30): Client elects to waive. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 2 | A | A | A | A | A | A | B | B | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156239 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2025-10-30): Fraud report received.
Exception cleared. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156240 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2025-10-30): Title document received and
verified. Exception cleared. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156241 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Reviewer Comment (2025-11-10): Initial [redacted] received
and updated. Buyer Comment (2025-11-06): see attached Reviewer Comment (2025-10-30): Require complete set of initial [redacted]. Provided [redacted] has only [redacted]st page out of [redacted]. Exception remains. Buyer Comment (2025-10-29): see attached |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156242 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | Reviewer Comment (2025-10-31): Received Approval document,
Exception Cleared. Buyer Comment (2025-10-29): see attached |
10/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156243 | Credit | Missing Document | General | Missing Document | Missing Document: AVM not provided | Reviewer Comment (2025-10-31): Received required
documentation. Condition cleared. |
10/31/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156245 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank [redacted]): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2025-10-30): List of Homeownership
counselling disclosure received. Exception cleared. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156246 | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Home Loan (Ability to Repay not Verified) | [redacted] Home Loan ([redacted]): File does not contain evidence that broker performed an analysis of borrower's ability to repay based on verified income, obligations, assets, and/or employment. | Reviewer Comment (2025-11-10): Received worksheets.
condition cleared. Buyer Comment (2025-11-06): see attached |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156247 | Compliance | Compliance | State Compliance | Misc. State Level | Colorado Home Loan (Tangible Net Benefit Disclosure Not Provided) | [redacted] Home Loan ([redacted]): Loan file does not contain a Tangible Net Benefit Disclosure (or similar document). | Reviewer Comment (2025-11-12): Disclosure received. Buyer Comment (2025-11-11): see attached Reviewer Comment (2025-11-10): Tangible Net Benefit Disclosure Not Provided. Buyer Comment (2025-11-06): see attached |
11/12/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156248 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calulated DTI of [redacted]% exceeds guideline maxium of [redacted]%. | Reviewer Comment (2025-11-14): Received Business statement
which shows installment paid by these accounts, information validated, DTI
discrepancy suffice. Exception Cleared. Buyer Comment (2025-11-12): proof business pays these accounts Reviewer Comment (2025-11-12): $[redacted] income is already considered. It seems $[redacted] [redacted] installment account was not considered in lender's DTI. Please provide supporting documents to exclude the same. Buyer Comment (2025-11-11): see attached for total $[redacted] Reviewer Comment (2025-11-10): Provided is the rental income worksheet of different property, and we do not have any REO properties to consider rental income. Buyer Comment (2025-11-06): see attached |
11/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 65 | 35156250 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal date is prior to the application date. | Reviewer Comment (2025-11-10): Received evidence of a
prior application which was cancelled. Condition cleared. Buyer Comment (2025-11-06): see attached -borr had prior loan application that was cancelled. Reviewer Comment (2025-11-05): The issue here is the appraisal and effective date of the CDA are prior to the application date. Reviewer Comment (2025-11-05): Client elects to waive. Buyer Comment (2025-11-03): see attached |
11/10/2025 | No | 1 | A | A | A | A | A | CO | Primary | Refinance - Cash-out - Other | D | B | C | A | B | A | D | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 66 | 35156251 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-30): Rate Lock document
received, exception cleared Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 66 | 35156253 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted] | Reviewer Comment (2025-11-11): Disbursement date updated
correctly. Exception cleared. Buyer Comment (2025-11-07): see attached Reviewer Comment (2025-10-31): File is missing evidence of the actual disbursement date. Buyer Comment (2025-10-29): see attached |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 68 | 35156260 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Client elects to waive. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 68 | 35156261 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-24): Client elects to waive. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 70 | 35156266 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Client elects to waive. |
10/24/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 70 | 35156267 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-24): Client elects to waive. |
10/24/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 71 | 35156282 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock Date not provided. | Reviewer Comment (2025-11-11): Rate Lock document
received, exception cleared. Buyer Comment (2025-11-09): see attached |
11/11/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 71 | 35156284 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2025-11-17): Received required
documentation. Condition cleared. Buyer Comment (2025-11-13): loan disbursed [redacted] =proof attached [redacted]nd time uploaded Reviewer Comment (2025-11-12): The loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission. Buyer Comment (2025-11-10): see attached |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 73 | 35156288 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Line Limit discrepancy. | Note Line Limit of ___ is greater than Guideline Maximum Line Limit of ___. | Lender approved exception for loan amount exceeds $[redacted] on [redacted] HELOC | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Documentation Type: [redacted]yr Full Doc Disposable Income: $[redacted] |
SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-10-30): Client elects to waive with
compensating factors. |
10/30/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 73 | 35156289 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-11-10): Received Initial Rate Lock
document. Exception cleared. Buyer Comment (2025-11-06): see attached |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | B | B | B | B | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 74 | 35156292 | Property | Property - Appraisal | Appraisal Data Integrity | Property - Appraisal | Appraiser's license or certification was not active at the time of the appraisal. | - | Reviewer Comment (2025-11-11): Expiration date updated
correctly. Exception cleared. Buyer Comment (2025-11-09): see attached |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | C | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 74 | 35156294 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | The city was captured has ([redacted] Area) on the document. | Reviewer Comment (2025-11-12): Hazard insurance received.
Exception cleared. Buyer Comment (2025-11-11): see attached |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | C | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156451 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on HELOC Agreement under disclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2025-12-02): Received final closing
statement. Cleared. Buyer Comment (2025-12-01): see attached Reviewer Comment (2025-11-24): Received Estimated closing statement. Please provide the final closing statement. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-17): DD is unable to clear this exception. The origination fee was not located on the Heloc agreement at all and the Notary fee was higher on the Heloc agreement than what was on the closing statement. Buyer Comment (2025-11-13): The origination showing on titles Statement is the Underwriting fee, Document prep fee, and appraisal review fee grouped together. Reviewer Comment (2025-11-06): Loan origination fee is not reflecting in HELOC agreement. Exception remains. Underwriting fee + document preparation fee $[redacted]+$[redacted] does not match fee of $[redacted] in closing statement. Buyer Comment (2025-11-04): see attached |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156452 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-09): Client elects to waive with
verified compensation factors. Exception form uploaded. Reviewer Comment (2025-12-04): Received updated closing statement, however there remain several fees that differ from the Heloc agreement. Buyer Comment (2025-12-03): see attached Reviewer Comment (2025-12-02): Received final closing statement, however the fees on the final closing statement do not match the Heloc agreement. Buyer Comment (2025-12-01): see attached Reviewer Comment (2025-11-24): Received Estimated closing statement. Please provide the final closing statement. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-17): DD is unable to clear this exception. The origination fee was not located on the Heloc agreement at all and the Notary fee was higher on the Heloc agreement than what was on the closing statement. Buyer Comment (2025-11-13): The origination showing on titles Statement is the Underwriting fee, Document prep fee, and appraisal review fee grouped together. [redacted] + [redacted] + [redacted] = [redacted] the discount points are there on titles statement as a "charge for interest rate" Reviewer Comment (2025-11-06): Notary Fee of $[redacted] in closing statement is not matching with notary fee of $[redacted] is HELOC agreement. Appraisal transfer review fee of $[redacted] is not reflecting in HELOC agreement. Buyer Comment (2025-11-04): see attached |
12/09/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156454 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Third party verification/business license search provided in file is undated. | Reviewer Comment (2025-10-14): Received Third Party
Verification of Employment. Exception cleared. Buyer Comment (2025-10-10): see attached |
10/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156455 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | RTC signature date of [redacted]. | Reviewer Comment (2025-11-17): Received required
documentation. Condition cleared. Buyer Comment (2025-11-13): see attached Reviewer Comment (2025-11-06): Received updated RTC and mailing label, however the letter to the borrower explaining the issue was not located. In addition, the package is expected to be delivered to the borrower on [redacted] with a new RTC expiration date of [redacted]. Once receipt of the letter to the borrower included in the package is received and evidence of borrower's receipt of the package on [redacted], the exception can be cleared after [redacted]. Buyer Comment (2025-11-04): see attached Reviewer Comment (2025-10-27): The RTC was signed on [redacted] with an expiration date of [redacted] at midnight. This was not providing the borrower's at least [redacted] business days to rescind. File will require a new RTC (does not need to be signed) showing the correct signature date and a new rescission period, a letter to the borrower explaining the issue along with evidence of borrower's receipt of the package. The new rescission period must be at least [redacted] business days after receipt of the new package. Once the new RTC period has expired, the exception may be cleared. The RTC documentation is a legal document and must provide the borrower [redacted] full business days to rescind. Buyer Comment (2025-10-23): The loan did not fund until [redacted] giving the borrower [redacted] full days for rescission. Reviewer Comment (2025-10-14): The RTC was signed on [redacted] with an expiration date of [redacted] at midnight. This was not providing the borrower's at least [redacted] business days to rescind. File will require a new RTC (does not need to be signed) showing the correct signature date and a new rescission period, a letter to the borrower explaining the issue along with evidence of borrower's receipt of the package. The new rescission period must be at least [redacted] business days after receipt of the new package. Once the new RTC period has expired, the exception may be cleared. Buyer Comment (2025-10-10): dis [redacted] |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156456 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | RTC signature date of [redacted]. | Reviewer Comment (2025-11-17): Received required
documentation. Condition cleared. Buyer Comment (2025-11-13): see attached Reviewer Comment (2025-11-06): Received updated RTC and mailing label, however the letter to the borrower explaining the issue was not located. In addition, the package is expected to be delivered to the borrower on [redacted] with a new RTC expiration date of [redacted]. Once receipt of the letter to the borrower included in the package is received and evidence of borrower's receipt of the package on [redacted], the exception can be cleared after [redacted]. Buyer Comment (2025-11-04): see attached Reviewer Comment (2025-10-14): The RTC was signed on [redacted] with an expiration date of [redacted] at midnight. This was not providing the borrower's at least [redacted] business days to rescind. File will require a new RTC (does not need to be signed) showing the correct signature date and a new rescission period, a letter to the borrower explaining the issue along with evidence of borrower's receipt of the package. The new rescission period must be at least [redacted] business days after receipt of the new package. Once the new RTC period has expired, the exception may be cleared. Buyer Comment (2025-10-10): see attached |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156457 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Reviewer Comment (2025-10-14): Received Third Party
Verification of Employment. Exception cleared. Buyer Comment (2025-10-10): see attached |
10/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 75 | 35156458 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Reviewer Comment (2025-11-06): Date filed correction,
exception cleared. Reviewer Comment (2025-11-06): As per first payment letter payment will begin on [redacted] and continue till [redacted] but maturity date as per HELOC agreement is [redacted]. Exception remains. Buyer Comment (2025-11-04): see attached |
11/06/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156475 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Hybrid interior appraisal was provided with an effective date between application date and note date. | Reviewer Comment (2025-10-07): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted]. |
10/07/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156476 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Account Statements - Business is not provided. | Reviewer Comment (2025-11-03): Cleared. Received missing
statement. Buyer Comment (2025-11-03): see attached Reviewer Comment (2025-10-31): File is missing business statement for the month [redacted].Exception remains. Buyer Comment (2025-10-30): see attached |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156477 | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | Account Statements - Business is not provided. | Reviewer Comment (2025-11-03): Cleared. Received missing
statement. Buyer Comment (2025-11-03): see attached Reviewer Comment (2025-10-31): File is missing business statement for the month [redacted].Exception remains. Buyer Comment (2025-10-30): see attached |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156479 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2025-11-17): Received updated closing
statement. Buyer Comment (2025-11-14): see attached Reviewer Comment (2025-11-03): Please provide final closing statement reflecting [redacted]. Buyer Comment (2025-11-03): see attached Buyer Comment (2025-11-03): loan disbursed [redacted] |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156480 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-11-03): Client elects to waive. Buyer Comment (2025-10-30): see attached |
11/03/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156481 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Term discrepancy. | Reviewer Comment (2025-11-12): Received
clarification/approval/documentation from lender. Condition cleared. Reviewer Comment (2025-11-04): First payment letter shows Loan begin date on [redacted] and continue until [redacted], whereas HELOC agreement shows the maturity date is [redacted]. Exception remains. Buyer Comment (2025-11-03): Borrower and notary signed same day |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156482 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Business bank statement is missing for statement ending date [redacted] | Reviewer Comment (2025-11-03): Cleared. Received missing
statement. Buyer Comment (2025-11-03): see attached |
11/03/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 76 | 35156483 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | - | Appraisal provided is not dated within [redacted] days of note date. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-17): Client elects to waive with
compensating factors. Reviewer Comment (2025-11-17): Received lender exception approval to allow exception for [redacted] day instead of [redacted] day appraisal expiration date rule. Buyer Comment (2025-11-13): see attached |
11/17/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | C | A | D | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 77 | 35499667 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-03): Client elects to waive. |
10/03/2025 | No | 1 | N/A | N/A | A | A | N/A | N/A | D | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 77 | 35499668 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | AVM provided as a primary valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per [redacted] Securitization Bulletin. [redacted] expects an origination valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B". | Reviewer Comment (2025-10-03): Client elects to waive. |
10/03/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 77 | 35499669 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Reviewer Comment (2025-12-01): Document provided Buyer Comment (2025-11-26): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees Buyer Comment (2025-11-12): see attached |
12/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | A | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 77 | 35499670 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-01): Updated HUD-1 Buyer Comment (2025-11-26): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees Buyer Comment (2025-11-12): see attached |
12/01/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 77 | 35499671 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Last Date Rate Set and Initial Rate Lock Date not provided. | Reviewer Comment (2025-11-04): Received rate lock,
Exception Cleared Buyer Comment (2025-10-31): see attached |
11/04/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | D | B | A | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499673 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement | Reviewer Comment (2025-12-04): Received required
documentation. Condition cleared. Buyer Comment (2025-12-02): see attached Reviewer Comment (2025-11-24): Require revised corrected HELOC agreement or closing statement matching designated fee name and amount with each other as provided document are the same document which are already available in file, for example fees like: - Document preparation and Underwriting fees amount mismatch in both documents. Exception Remains. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees. Buyer Comment (2025-11-12): see attached |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | B | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499674 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-09): Client elects to waive Buyer Comment (2025-12-09): elects to waive Reviewer Comment (2025-12-09): This appears to be a loan from [redacted]. The only document uploaded was the HELOC agreement. Title Doc Prep Fees and Title Doc Review Fees are [redacted] different fees. One is a preparation of documents and the other is a search/examination of documents. Unless it can be proven these are one in the same, or the you obtain a final stamped settlement statement to update the fee name to match the HELOC agreement, the condition cannot be cleared. This is an EV2 condition that can be waived if elects to do so. Buyer Comment (2025-12-08): Title review is the Title DOC prep on ours. Buyer Comment (2025-12-08): see attached Reviewer Comment (2025-12-04): Received updated final closing statement. There remain [redacted] fees that are inconsistent with the Heloc agreement. The Title Doc Prep fee of $[redacted] was not on the closing statement and the Title Update of $[redacted] was not on the Heloc. Buyer Comment (2025-12-02): see attached Reviewer Comment (2025-11-24): Require revised corrected HELOC agreement or closing statement matching designated fee name and amount with each other as provided document are the same document which are already available in file, for example fees like: - Document preparation and Underwriting fees amount mismatch in both documents. Exception Remains. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees. Buyer Comment (2025-11-12): see attached |
12/09/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499676 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Client elects to waive. |
10/23/2025 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499677 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-23): Client elects to waive. Buyer Comment (2025-10-21): See PCI Buyer Comment (2025-10-21): See AVM Buyer Comment (2025-10-21): Per [redacted] guidelines, the [redacted] products uploaded are all this program requires. |
10/23/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499678 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2025-10-06): Client elects to waive. |
10/06/2025 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499679 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-10-22): Title Final policy received
& associated. Exception cleared. |
10/22/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 78 | 35499680 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Loan amount: $[redacted]. Coverage amount on preliminary title: $[redacted]. Coverage short fall: $[redacted]. | Reviewer Comment (2025-10-22): Title Final policy received
& coverage amount updated. Exception cleared. Buyer Comment (2025-10-21): SEE FINAL TITLE |
10/22/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Refinance - Cash-out - Other | D | B | B | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 79 | 35499681 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Title Preliminary Report in the file doesn't disclose the total Policy coverage amount. Provide evidence of title with sufficient policy coverage. | Reviewer Comment (2025-10-28): Title Final policy provided
and associated. Exception cleared Buyer Comment (2025-10-27): see attached Reviewer Comment (2025-10-24): Require Title Preliminary document with valid policy amount as provided closing statement will not suffice the exception. Exception Remains. Buyer Comment (2025-10-22): See Settement |
10/28/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 79 | 35499682 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Final Title Policy is not provided in the file. | Reviewer Comment (2025-10-28): Title Final policy provided
and associated. Exception cleared |
10/28/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 79 | 35499684 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close out letter for the Heloc paid at closing. | Reviewer Comment (2025-12-10): Received signed and dated
close out letter for HELOC account. Exception cleared. Buyer Comment (2025-12-08): see attached |
12/10/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499685 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | The hazard insurance coverage is insufficient by $[redacted] Provide updated policy reflecting minimum coverage of $[redacted] or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2025-10-23): Received Replacement
coverage. Exception cleared. Buyer Comment (2025-10-21): see attached |
10/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499686 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-21): Client elects to waive. Buyer Comment (2025-10-17): CDA attached |
10/21/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499687 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-06): Client elects to waive. |
10/06/2025 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499688 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Final Title Policy is not provided in the file. | Reviewer Comment (2025-12-12): Document provided. |
12/12/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499690 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided | The mortgage payoff and most recent [redacted] month payment history is missing for the mortgage paid at closing. | Reviewer Comment (2025-10-21): Cleared. Received
payoff. Buyer Comment (2025-10-17): see attached - No payments were required on HAMP |
10/21/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 80 | 35499691 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The title commitment provided in the file does not indicate a [redacted]st and [redacted]nd mortgage on the subject. the title indicates the property is free and clear. | Reviewer Comment (2025-12-12): Document provided Buyer Comment (2025-12-10): FTP provided- [redacted] pd off HUD, [redacted]st mtg still shows on item #[redacted] - what is the issue. Reviewer Comment (2025-12-10): Provide Corrected title commitment reflecting all liens for the subject property. Provided Final document does not reflect. Exception remains. Buyer Comment (2025-12-08): see attached Reviewer Comment (2025-10-21): Please provided corrected title commitment reflecting all mortgage liens for the subject property. Buyer Comment (2025-10-17): Not sure why [redacted]st mortgage is not on Title currently showing on credit report- attached is final HUD-1 |
12/12/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499692 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-08): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/08/2025 | No | 2 | A | A | A | A | A | A | B | B | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499693 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2025-10-08): Client elects to waive |
10/08/2025 | No | 3 | N/A | N/A | A | A | N/A | N/A | D | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499695 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease Agreement missing for address [redacted] | Reviewer Comment (2025-11-17): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2025-11-13): [redacted] did not close a loan on that property- it was cancld [redacted] Reviewer Comment (2025-11-12): Please provide closing statement/HUD for [redacted]ast [redacted] property, Exception remains. Buyer Comment (2025-11-11): see attached Reviewer Comment (2025-11-10): Lease agreement for "[redacted]ast [redacted]" property is required. Provided lease agreement is for different property. Exception remains. Buyer Comment (2025-11-06): see attached Reviewer Comment (2025-11-04): Required [redacted] comparable rent schedule or market rent analysis or Lease agreement missing in loan file. Exception remains. Buyer Comment (2025-11-03): [redacted] does not req lease agreements unless using to support a higher rent |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499697 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | It appears the lender did not include the borrower's primary and possibly the addition investment expenses in the DTI. | Reviewer Comment (2026-01-09): Received updated/changes to
loan. Condition cleared. Buyer Comment (2026-01-07): Attached are the updated [redacted] and [redacted] and the property docs for [redacted] and [redacted] . I think [redacted] is the property that should have been on the REO to begin with. We already had all of the documentation in the file. I added both properties to avoid further confusion. We have the documentation showing both are free and clear. Reviewer Comment (2026-01-06): [redacted] was not added to the DTI at time of review. Properties included in DTI is subject property on [redacted], property on [redacted] and property on [redacted]. Buyer Comment (2026-01-05): - The address [redacted] was added to the REO in error. The property is owned by an LLC per the property profile. An updated [redacted] and the profile have been provided. Reviewer Comment (2026-01-05): Loan continues to have a DTI issue. Unable to determine where the discrepancy is based on the updated [redacted]. Buyer Comment (2026-01-01): Property was removed from [redacted] due to it being owned by LLC Buyer Comment (2026-01-01): see attached Buyer Comment (2025-12-31): see attached - has lien on subj prop but vested in name of LLC Buyer Comment (2025-12-31): see attached Reviewer Comment (2025-12-24): Per lender rebuttal, borrower owns property at [redacted]. [redacted]. The only documentation located in the file was the HOI policy. The following documentation is missing, Mortgage statement, tax verification, HOA verification (if applicable) and a current lease. Buyer Comment (2025-12-22): documents were already in the file. Reviewer Comment (2025-12-19): Reviewed lenders trailing docs and located the property on the application, however there was also evidence in the file that the loan for E. [redacted] was cancelled ([redacted]). It is unknown whether that loan was for a purchase or refinance transaction. If borrower owns this property, please provide a current lease, current mortgage statement and tax, insurance and HOA (if applicable) verification for [redacted]reet. Buyer Comment (2025-12-17): SCROLL down to pg [redacted] -it was on the original [redacted] Reviewer Comment (2025-12-17): Reviewed trailing docs with a snip of the property. File will require a corrected [redacted], all supporting documentation for this property including lease agreement, mortgage statement, tax, insurance and HOA (if applicable) verification. Buyer Comment (2025-12-15): see [redacted]b Reviewer Comment (2025-12-12): The application does not indicate an additional investment property at [redacted]. nor is there any documentation in the file to support the income or expenses for said property. Buyer Comment (2025-12-10): see attached you are missing the positive cashflow for [redacted]ast [redacted] $[redacted] Reviewer Comment (2025-12-10): Lenders updated [redacted] reflects a total debt of $[redacted]. DD total debt is $[redacted] which includes the borrower's primary of $[redacted] REO negative cash flow of $[redacted], other debt of $[redacted]. The [redacted] provided by the lender does not clearly indicate what debt is being included, but it appears the borrower primary is not being included in the total debt. Rental income is being used on both investment properties. Lender income and DD income is the same. Based on DD calculations, the DTI does not meet lender guides. Buyer Comment (2025-12-08): pls advise what is needed to clear Reviewer Comment (2025-12-03): Reviewed trailing docs provided, however the information provided does not give enough information to determine the lenders qualifying DTI. Reviewer Comment (2025-12-03): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. Buyer Comment (2025-12-01): see attached Reviewer Comment (2025-11-25): Subject qualified P&I $[redacted] + Primary P&I $[redacted] + Other property qualified P&I $[redacted] + total liabilities $[redacted] = Total expense $[redacted]. As per [redacted] Doc ID D[redacted] and document [redacted], Subject qualified P&I $[redacted] + Primary P&I $[redacted] + Other property qualified P&I $[redacted] + total liabilities $[redacted] = Total expense $[redacted]. DTI variance is due to other property qualified P&I for property "[redacted] [redacted]th St". Exception remains. Buyer Comment (2025-11-21): see attached- I am showing [redacted] Reviewer Comment (2025-11-18): As per provided worksheet, other properties liability is $[redacted] only. but as per documents and final [redacted], the net rental loss for REO - [redacted] [redacted] is $[redacted] ([redacted]% of rent $[redacted] - PITIA $[redacted]). Please provide supporting documentation for $[redacted] rental loss. Buyer Comment (2025-11-17): [redacted]st mtg is included Reviewer Comment (2025-11-17): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]%. |
01/09/2026 | No | 1 | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499698 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | Per lender rebuttal, borrower owns property at [redacted] E. [redacted]th Street. The only documentation located in the file was the HOI policy. The following documentation is missing, Mortgage statement, tax verification, HOA verification (if applicable) and a current lease. | Reviewer Comment (2026-01-05): Removed property. Condition
cleared. Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499699 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Per lender rebuttal, borrower owns property at [redacted] E. [redacted]th Street. The only documentation located in the file was the HOI policy. The following documentation is missing, Mortgage statement, tax verification, HOA verification (if applicable) and a current lease. | Reviewer Comment (2026-01-05): Removed property. Condition
cleared. Buyer Comment (2026-01-01): address removed from [redacted] -owned by LLC Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 81 | 35499700 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Insurance verification is missing for this property. | Reviewer Comment (2026-01-12): Evidence of insurance
provided Buyer Comment (2026-01-12): please review and advise if sufficient |
01/12/2026 | No | 1 | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 82 | 35499701 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard insurance coverage is short $[redacted] provide policy reflecting sufficient coverage or replacement cost estimator. | Reviewer Comment (2025-10-29): Exception cleared -
Received Replacement Cost Estimator Buyer Comment (2025-10-29): SEE RCE Buyer Comment (2025-10-29): see pg [redacted] |
10/29/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 82 | 35499703 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Security instrument signed date is [redacted] and note date showing [redacted] | Reviewer Comment (2025-11-25): Re-validated disclosure
documents. Exception cleared. Buyer Comment (2025-11-21): see attached |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 82 | 35499704 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | Security instrument signed date is [redacted] and note date showing [redacted] | Reviewer Comment (2025-11-25): Re-validated disclosure
documents. Exception cleared. Buyer Comment (2025-11-21): see attached Reviewer Comment (2025-11-06): Security instrument notary date is [redacted]. HELOC agreement date [redacted]. Exception remains. Buyer Comment (2025-11-04): see attached |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 82 | 35499705 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | In Closing statement showing Appraisal Review Fee and in HELOC agreement this fee is not reflecting | Reviewer Comment (2025-12-04): Received updated Heloc with
correct fees. Condition cleared. Buyer Comment (2025-12-02): Credit Agreement and Disclosure Reviewer Comment (2025-11-25): HELOC agreement does not reflect Appraisal Review Fee $[redacted]. Exception remains. Buyer Comment (2025-11-21): see attached |
12/04/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 82 | 35499707 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2025-10-30): Received Initial Rate Lock
document. Exception cleared. Buyer Comment (2025-10-29): see attached |
10/30/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 83 | 35499709 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2025-11-25): Received Tax insurance and
Hazard insurance document of REO property address: "[redacted]",
information validated. Exception Cleared. Buyer Comment (2025-11-21): see attached |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 83 | 35499710 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-11-07): Title final received &
associated. Exception cleared. |
11/07/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 83 | 35499711 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Dwelling Coverage of $[redacted] plus extended replacement cost, is insufficient by $[redacted] a replacement cost estimate was not provided in the loan file | Reviewer Comment (2025-11-17): Received RCE. Condition
cleared. Buyer Comment (2025-11-13): see attached- borr has extended replacement cov of addtl $[redacted]k |
11/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 83 | 35499712 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Debt ratio is over guideline Debt to income allowed at [redacted]%. Current business income matches based on final [redacted] and [redacted], Rental income matches final [redacted] monthly amount of $[redacted] when [redacted] used as source for subject property. No installment debts shown as paid off on final [redacted] to bring debt to income down below [redacted]%. Debt to income calculation unclear what was paid off/down in order to bring debt in-line. | Reviewer Comment (2025-12-02): Proof verifies business is
paying auto installment account, debt is excluded, DTI within threshold,
exception cleared. Buyer Comment (2025-12-01): business pays auto account. excluded Reviewer Comment (2025-11-25): As per response "[redacted] PAID OFF", Require relevant that shows "[redacted]" has been paid off as per credit report current balance "$[redacted] and monthly payment $[redacted] however provided the confirmation of payment $[redacted], which does not suffice the exception. Exception Remains. Buyer Comment (2025-11-21): [redacted] paid off Reviewer Comment (2025-11-07): Received duplicate closing statement, however evidence of lower debt as shown on the [redacted] was not located in the file. Buyer Comment (2025-11-05): see attached |
12/02/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 83 | 35499713 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Need Credit supplement evidence to remove items [redacted], [redacted], [redacted], [redacted] and [redacted] from final title. | Reviewer Comment (2025-11-07): Title final received &
associated. Exception cleared. Buyer Comment (2025-11-05): see attached |
11/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 84 | 35499716 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | HELOC Agreement signed after Note date in file. | Reviewer Comment (2025-11-07): Information re-validated as
per available document in file. Exception Cleared. Buyer Comment (2025-11-05): Heloc Agreement |
11/07/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 84 | 35499717 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate lock document not in file. | Reviewer Comment (2025-11-07): Received Rate lock
document, information validated. Exception Cleared. Buyer Comment (2025-11-05): Lock Buyer Comment (2025-11-05): Last Lock |
11/07/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 84 | 35499719 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2025-11-12): Received required
documentation. Condition cleared. Buyer Comment (2025-11-10): see attached Reviewer Comment (2025-11-07): The file contains no evidence of the actual disbursement date as file is missing a final closing statement/ALTA statement reflecting the correct disbursement date. Buyer Comment (2025-11-05): lear to Close [redacted] Open calendar [redacted]:[redacted] PM PDT [redacted] Docs Ordered [redacted] Open calendar [redacted]:[redacted] AM PDT [redacted] [redacted] Docs Out [redacted] Open calendar [redacted]:[redacted] PM PDT [redacted] Docs Back Open calendar [redacted] Funding Conditions Open calendar [redacted] Funded [redacted] Open calendar [redacted]:[redacted] AM PDT Buyer Comment (2025-11-05): The docs were sent out on [redacted] but were not signed until [redacted] and loan funded [redacted] |
11/12/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499721 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees in the closing statement are inconsistent with Heloc Agreement. | Reviewer Comment (2025-11-24): received updated closing
statement. Cleared. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees. Buyer Comment (2025-11-12): Please see attached |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499722 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees in the closing statement are inconsistent with Heloc Agreement. | Reviewer Comment (2025-11-26): Received closing statement
with Appraisal fee $[redacted] POC. Exception cleared. Buyer Comment (2025-11-24): see attached Reviewer Comment (2025-11-24): Received updated closing statement, however the Heloc agreement indicates an appraisal fee POC for $[redacted]. The updated closing statement does not indicate an appraisal fee. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-14): Received duplicate HELOC agreement. Unable to deternime discrepancy for higher fees. Buyer Comment (2025-11-12): see attached |
11/26/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499723 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock not in file. | Reviewer Comment (2025-11-10): Rate Lock agreement
received and verified. Exception cleared. Buyer Comment (2025-11-06): see attached |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499725 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2025-11-14): Disbursement date
corrected, exception cleared. Buyer Comment (2025-11-12): loan disbursed [redacted] Reviewer Comment (2025-11-12): Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. Buyer Comment (2025-11-10): see attached |
11/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499726 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Unable to verify monthly tax amount for [redacted] [redacted] | Reviewer Comment (2025-11-11): Received Tax certificate.
Exception cleared. Buyer Comment (2025-11-09): see attached |
11/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499727 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Unable to verify monthly insurance amount for [redacted] [redacted] | Reviewer Comment (2025-11-14): Insurance document
received, exception cleared. Buyer Comment (2025-11-12): see attached |
11/14/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499728 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Lease agreement was not provided for [redacted] [redacted] | Reviewer Comment (2025-11-24): Lease Agreement received,
exception cleared. Reviewer Comment (2025-11-14): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Insurance Verification, Lease Agreement Reviewer Comment (2025-11-14): Received [redacted] lease agreements [redacted] lease agreement is not valid at the of closing, exception remains, Buyer Comment (2025-11-12): see attached Reviewer Comment (2025-11-12): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Insurance Verification, Lease Agreement, Tax Verification |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499729 | Credit | Income / Employment | Income Documentation | Income / Employment | Verification(s) of employment is not within [redacted] business days of the Note. | This file was missing a copy of VVOE. Verbal Verification of Employment VVOE completed within [redacted] days of closing must be provided. | Reviewer Comment (2025-11-24): VVOE received, exception
cleared. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-12): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Borrower: [redacted] // Employment Type: Employment / Income Type: Wages / Start Date: [redacted] Reviewer Comment (2025-11-11): Note date is [redacted]. Received Third-party verification dated [redacted]. Please provide Verbal Verification of Employment within [redacted] business days of the Note date. Exception remains Buyer Comment (2025-11-09): see attached |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 85 | 35499730 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | This file was missing a copy of VVOE. Verbal Verification of Employment VVOE completed within [redacted] days of closing must be provided. | Reviewer Comment (2025-11-24): VVOE received, exception
cleared. Buyer Comment (2025-11-20): see attached Reviewer Comment (2025-11-11): Note date is [redacted]. Received Third-party verification dated [redacted]. Please provide Verbal Verification of Employment within [redacted] business days of the Note date. Exception remains Buyer Comment (2025-11-09): see attached |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499731 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-22): FTP provided |
12/22/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499732 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-22): FTP provided Buyer Comment (2025-12-22): see attached |
12/22/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499735 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Senior Lien: Current (within [redacted] days) first mortgage
statement showing: • Current principal balance • Fully amortized • Term Note only provided. |
Reviewer Comment (2025-12-04): Mortgage statement
provided Buyer Comment (2025-12-03): see attached Reviewer Comment (2025-11-20): The credit supplement is not acceptable. The guidelines this loan was reviewed to state the senior lien, most recent mortgage statement, is required. Buyer Comment (2025-11-20): see attached |
12/04/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499737 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | The HUD addendum was not provided breaking down Section A fees. Fees reflected on HELOC Agreement vs what was charged on HUD do not match (Loan Origination Fee, UW Fee, Doc Prep Fee). | Reviewer Comment (2025-12-23): Certified HUD provided with
itemization of loan origination fees. Condition no longer applies after
retesting. Buyer Comment (2025-12-23): settlement agent signed last page Reviewer Comment (2025-12-22): An unexecuted HUD is not acceptable. Provide the final signed HUD with a breakdown of fees or final stamped settlement statement statement with a breakdown of frees for retesting. Buyer Comment (2025-12-19): see attached Please advise if this is sufficient. The fees are broken down on page [redacted]. Reviewer Comment (2025-12-04): The HELOC agreement does not clear this condition. Please review the original condition. The HUD addendum was not provided breaking down Section A fees. Fees reflected on HELOC Agreement vs what was charged on HUD do not match (Loan Origination Fee, UW Fee, Doc Prep Fee). Buyer Comment (2025-12-03): see attached |
12/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499738 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | The HUD addendum was not provided breaking down Section A fees. Fees reflected on HELOC Agreement vs what was charged on HUD do not match (Loan Origination Fee, UW Fee, Doc Prep Fee). | Reviewer Comment (2025-12-17): Client elects to waive Buyer Comment (2025-12-17): elects to waive Reviewer Comment (2025-12-04): The HELOC agreement does not clear this condition. Please review the original condition. The HUD addendum was not provided breaking down Section A fees. Fees reflected on HELOC Agreement vs what was charged on HUD do not match (Loan Origination Fee, UW Fee, Doc Prep Fee). Buyer Comment (2025-12-03): see attached |
12/17/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 86 | 35499739 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. Disclosure reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-17): elects to waive Reviewer Comment (2025-12-04): The guidelines provided for review reflect [redacted]% (HELOC [redacted] matrix and [redacted] guidelines). Client can elect to waive with verified compensation factors. Buyer Comment (2025-12-03): [redacted] lowered the early termination fee to meet high-cost requirements. |
12/17/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499747 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-11-17): Supplement provided Buyer Comment (2025-11-17): The system will not allow me to upload Buyer Comment (2025-11-17): See attached Buyer Comment (2025-11-17): See final title Buyer Comment (2025-11-17): See attached final title |
11/17/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499748 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide the second lien HELOC statement to verify payment as well as [redacted] month housing history or if recently opened. Also provided HOA. | Reviewer Comment (2025-12-09): First payment letter
provided with new payment Buyer Comment (2025-12-09): See primary [redacted]st payment letter Buyer Comment (2025-12-09): Primary [redacted]st payment Letter Buyer Comment (2025-12-09): There were no other liens (only the [redacted] loan) on borrowers' primary residence prior to borrower getting a HELOC in OCT [redacted] with [redacted]. Reviewer Comment (2025-12-09): The [redacted] was provided, however this is no evidence of the HELOC P&I. Provide the first payment letter for this loan, mortgage statement, or other legal document reflecting what the actual P&I is. Buyer Comment (2025-12-05): See attached [redacted] for the primary HELOC. Reviewer Comment (2025-12-05): None of the documents provided reflect the P&I. Also, the DOT reflects the loan closed [redacted] which is the same day as the subject. To note, even if the loan closed [redacted], that is still within [redacted] days of closing and debt is to be included. Provide evidence of the P&I. Buyer Comment (2025-12-04): PRIMARY - [redacted] HELOC Agreement - Closed [redacted] Reviewer Comment (2025-12-04): The exception does not reference [redacted] Via [redacted] or [redacted]. The exception was for [redacted], so it is not clear why documents were submitted for these REOs. As noted in the exception, the HELOC payment needs to be verified for [redacted]. The DOT provided reflects recently taken out on [redacted], therefore a [redacted] month housing history will not be required as well as borrower LOE and HOA dues for [redacted] were provided. However, evidence of the P&I is still required as this is not reflected on the DOT. Buyer Comment (2025-12-03): Documentation was submitted for [redacted] VIA [redacted] showing it belongs to the borrower's father - property profile and LOE. Borrower does not own. That is why we will not add to the REO. Please review the uploaded. I mispoke about the refi on [redacted] VIA [redacted] . WE DID NOT REFI. See the documentation uploaded. Buyer Comment (2025-12-03): Please have someone contact me directly to explain this if you don't see the documents are exactly what you require. [redacted] refinanced both [redacted] VIA [redacted] and [redacted] as stated above. Please condition on the received documentation. They are new loans. Buyer Comment (2025-12-03): It is a NEW loan. Please review the uploaded information. Buyer Comment (2025-12-03): I uploaded the documentation for that NEW loan here. Please find and review as it was an [redacted] loan. Buyer Comment (2025-12-02): See attached HELOC DOT for [redacted]. This was a new loan as of the end of [redacted] [redacted] Reviewer Comment (2025-12-01): HELOC statement is required to verify monthly payments for the property at "[redacted]." Exception Remains. Buyer Comment (2025-11-25): [redacted] Via [redacted] Buyer Comment (2025-11-25): Per the submitted LOE, [redacted] Via [redacted] belongs to the borrower's father. See attached Reviewer Comment (2025-11-17): The document uploaded was the DOT for [redacted] Via [redacted]. Per condition, provide the second lien HELOC statement to verify payment as well as [redacted] month housing history or if recently opened for [redacted]. Also [redacted] Via [redacted] was not added to the REO section nor evidence of PITIA verified. Provide proof this property has been sold or provide the updated [redacted] adding property to REO and evidence of PITIA. Buyer Comment (2025-11-17): Uploaded Buyer Comment (2025-11-17): These were uploaded |
12/09/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499750 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-12): Lender elects to waive |
11/12/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499752 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The final closing statement is not signed / stamped certified. | Reviewer Comment (2025-12-01): No new documents received.
Please try uploading again. Reviewer Comment (2025-12-01): Final stamped SS provided Buyer Comment (2025-11-26): Final Certified settlement |
12/01/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499754 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence of HOA dues for all REO properties, primary and subject. A borrower LOE is not acceptable. | Reviewer Comment (2025-12-01): Received explanation letter
along with bank statement verifying the monthly HOA amount. Exception
Cleared. Buyer Comment (2025-11-26): See attached and advise Reviewer Comment (2025-11-17): The document uploaded was the DOT for [redacted] Via [redacted]. Per condition. Provide evidence of HOA dues for all REO properties, primary and subject. A borrower LOE is not acceptable (subject property, [redacted] x [redacted]) Buyer Comment (2025-11-17): REO |
12/01/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 87 | 35499755 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - High Cost as Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). If tested as primary residence, loan exceeds one or more high cost thresholds. | Initial [redacted], dec page, reflects intent to occupy. Final was corrected. Provide the lender attestation on error. | Reviewer Comment (2025-12-01): Lender attestation
provided Buyer Comment (2025-11-25): The broker completed the information incorrectly and was amended after the first underwrite |
12/01/2025 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 88 | 35499759 | Credit | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | Subject is a refinance and property is listed for sale. | - | Per guidelines, properties listed for sale within the past [redacted] months are ineligible. Subject listing was cancelled [redacted]. | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-20): Client elects to waive with
verified compensation factors Buyer Comment (2025-11-20): see attached |
11/20/2025 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 88 | 35499760 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. Disclosure reflects [redacted]%. | Reviewer Comment (2025-11-25): The termination penalty was
lowered to [redacted]% Buyer Comment (2025-11-24): [redacted] lowered the early termination fee to meet high-cost requirements. Reviewer Comment (2025-11-20): Each loan is a stand alone loan. The guidelines provided that this loan was reviewed to specifically has this requirement. Buyer Comment (2025-11-20): [redacted] lowered the early termination fee to meet high-cost requirements. We haven't had this issue yet with Notes on previous loans that they have reviewed. |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 89 | 35499763 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide the mortgage statement for the [redacted] lien to verify payment as well as [redacted] month housing history, if not recently taken out. | Reviewer Comment (2025-11-24): The HELOC Agreement dated
the same date as the subject transaction was provided. Buyer Comment (2025-11-20): see attached |
11/24/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 90 | 35499765 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide the mortgage statement for the [redacted]lien to verify payment as well as [redacted] month housing history, if not recently taken out. | Reviewer Comment (2025-11-25): Recently taken out loan,
HELOC agreement and closing statement provided. Buyer Comment (2025-11-20): see attached |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 91 | 35499770 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC Acknowledgment Disclosure reflects [redacted]%. | Reviewer Comment (2025-11-25): The client lowered the
termination penalty Buyer Comment (2025-11-24): [redacted] lowered the early termination fee to meet high-cost requirements. Reviewer Comment (2025-11-20): Each loan reviewed is a stand alone loan. The guidelines provided and reviewed for this loan specifically have this requirement listed. Buyer Comment (2025-11-20): [redacted] lowered the early termination fee to meet high-cost requirements. We haven't had this issue yet with Notes on previous loans that they have reviewed. |
11/25/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 93 | 35499826 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. | Reviewer Comment (2026-01-12): Agent email provided
indicating they utilized the checklist for RCE which covers replacement cost
of $[redacted]. Additional RCE provided is not from agent company with higher
estimated cost new. Buyer Comment (2026-01-12): see attached Reviewer Comment (2025-12-30): Ordinance or Law is not add'l coverage of dwelling. Buyer Comment (2025-12-26): Borrower has additional coverage up to [redacted]% of dwelling $[redacted] for total of $[redacted]- see poilcy under additional coverage Reviewer Comment (2025-12-18): RCE provided which reflects replacement cost of $[redacted]. Dwelling coverage is $[redacted]. Coverage is short by $[redacted]. Buyer Comment (2025-12-18): see attached |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 93 | 35499827 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-18): FTP provided |
12/18/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 93 | 35499828 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-18): FTP provided Buyer Comment (2025-12-18): see attached |
12/18/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 94 | 35499840 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal was signed [redacted] which is before the application date of [redacted] | Reviewer Comment (2025-12-18): Transferred appraisal in
file with transfer letter. Buyer Comment (2025-12-18): see attached |
12/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | A | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 94 | 35499841 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal was signed [redacted] which is before the application date of [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-09): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-09): elects to waive |
12/09/2025 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 95 | 35499844 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-18): An additional AVM for
another company was provided. Reviewer Comment (2025-12-09): Please review the comments from [redacted]: The AVM was provided for a primary valuation. A secondary valuation is required for securitization. A property condition report is not a secondary valuation. Buyer Comment (2025-12-09): AVM dated [redacted] PCI dated [redacted] HELOC guidelines allow these. What is the issue? Reviewer Comment (2025-12-05): The same document was provided that was in file at time of review. The AVM was provided for a primary valuation. A secondary valuation is required for securitization. A property condition report is not a secondary valuation. Buyer Comment (2025-12-05): see attached |
12/18/2025 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 95 | 35499845 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-05): Ev[redacted] elects to
waive Reviewer Comment (2025-12-30): Please accept as is. Buyer Comment (2025-12-26): see attached Reviewer Comment (2025-12-18): This exception must be accepted as is for securitization purposes. This is stating there was no interior inspection done for this transaction. Buyer Comment (2025-12-18): see attached Reviewer Comment (2025-12-09): Please review comments on [redacted]: An AVM only was provided and although an AVM is allowed per guidelines, securitization requires a full interior inspection. Client can elect to waive as an EV2/B. Buyer Comment (2025-12-09): AVM dated [redacted] PCI dated [redacted] HELOC guidelines allow these. What is the issue? Reviewer Comment (2025-12-05): The same document was provided that was in file at time of review. An AVM only was provided and although an AVM is allowed per guidelines, securitization requires a full interior inspection. Client can elect to waive as an EV2/B. Buyer Comment (2025-12-05): see attached |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 95 | 35499846 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-05): Supplement provided Buyer Comment (2025-12-04): see attached |
12/05/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 95 | 35499849 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2026-01-06): Final stamped settlement
statement provided with updated disbursement date. Rescission met. Buyer Comment (2026-01-05): see attached Reviewer Comment (2025-12-18): the settlement statement provided is not for the subject property. Also please note, the final settlement statement must be stamped certified by the title company. Buyer Comment (2025-12-18): see attached Reviewer Comment (2025-12-05): The document provided is not a final HUD. It is a principal payment report that does not reflect any information. If the final HUD disbursement date is incorrect, provide the final stamped settlement statement to support. Buyer Comment (2025-12-05): Final HUD requested from Title - Buyer Comment (2025-12-05): see attached Reviewer Comment (2025-12-05): The attached does not clear this condition. The disbursement date on the Final HUD is [redacted] and the expiration on the RTC is [redacted]. If the final HUD is incorrect, provide the final stamped settlement statement to support or rescission must be re-opened. Buyer Comment (2025-12-04): see attached |
01/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | B | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 95 | 35499850 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-08): EV2 -elects to waive |
01/08/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | B | A | C | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 96 | 35499851 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient as coverage shortfall of $[redacted] | Reviewer Comment (2025-12-15): RCE provided. Guidelines
are silent on RCE companies and per a lookup, a different company or vendor
can be utilized. Buyer Comment (2025-12-15): We have used an RCE from this company with no push back previously. Value is value and not dependent on a company. We provide an appraisal from one company and a CDA from another. Please escalate this issue. Reviewer Comment (2025-12-01): The same document was provided that was in file at time of review. Coverage of the loan amount is not acceptable. Please review the calculation chart under the hazard insurance requirements. Estimated cost new on appraisal is $[redacted] and RCE was not provided. Buyer Comment (2025-12-01): See attached |
12/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499863 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Reviewer Comment (2026-01-08): An Attestation was provided
that a re-cert of value and a CDA was used for the subject transaction. Reviewer Comment (2025-12-18): This appraisal is from the first senior lien transaction that closed in [redacted] with [redacted] and is prior to the application date. Client can elect to waive this condition. Buyer Comment (2025-12-18): transferred appraisal |
01/08/2026 | No | 1 | A | A | A | A | A | A | A | B | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499864 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-01-08): An Attestation was provided
that a re-cert of value and a CDA was used for the subject transaction. Reviewer Comment (2026-01-08): re Reviewer Comment (2026-01-06): Current value AVM provided Buyer Comment (2026-01-05): see attached Reviewer Comment (2025-12-18): This appraisal is from the first senior lien transaction that closed in [redacted] with [redacted], therefore in this scenario, a current secondary valuation will be required for securitization (i.e AVM, BPO, [redacted]E, second appraisal). Buyer Comment (2025-12-18): transferred appraisal |
01/08/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499867 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Policy coverage shortfall of $[redacted]. Provide updated policy reflecting minimum coverage of $[redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2025-12-30): Documentation provided;
exception cleared. Buyer Comment (2025-12-26): see attached |
12/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499868 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Exception approval is provided for loan amount is less than guidelines minimum loan limit. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Borrower has been employed in the same industry for more than [redacted] years. | SitusAMC,Aggregator SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-26): The client elects to
waive. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499871 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Transfer Letter not provided | Buyer Comment (2026-01-09): EV2 |
01/09/2026 | No | 2 | B | B | B | B | B | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 98 | 35499873 | Credit | Credit | Miscellaneous | Credit | Kroll Second Lien Property Exception - Primary Valuation with defect | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Borrower has been employed in the same industry for more than [redacted] years. | SitusAMC,Aggregator SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-08): An Attestation was provided
that a re-cert of value and a CDA was used for the subject transaction. Reviewer Comment (2026-01-08): bf |
01/08/2026 | No | 1 | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 99 | 35499875 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2025-12-18): FTP provided Buyer Comment (2025-12-18): see attached |
12/18/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 99 | 35499876 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-18): FTP provided |
12/18/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 100 | 35499890 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-01-09): Updated and corrected final
stamped settlement statement with correct fee itemization provided. Condition
no longer applies. Buyer Comment (2026-01-09): see attached Reviewer Comment (2026-01-08): The final settlement statement was provided however it was not stamped certified by the title agent. Buyer Comment (2026-01-08): see attached Reviewer Comment (2026-01-06): Received a corrected settlement statement, however it is not stamped certified. Attaching the signature page from the incorrect settlement statement is not allowed as indicated in lower right corner. Buyer Comment (2026-01-05): see attached |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | B | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 100 | 35499891 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-05): EV2 -elects to waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 100 | 35499895 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender Exception for Non-Borrower Account Holder on a Bank Statement Loan. Compensating factors are Borrower has been self-employed in the same business for more than [redacted]+ years, Residual income exceeds $[redacted], LTV [redacted]% of more below the maximum allowed per credit tier. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Borrower has been employed in the same industry for more than [redacted] years. | SitusAMC,Originator Pre-Close,Aggregator SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-25): The client elects to
waive. |
11/25/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 101 | 35499903 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Borrower has owned the subject property for at least [redacted] years. | SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive Buyer Comment (2026-01-02): elects to waive Reviewer Comment (2025-12-18): If from a previous cancelled loan, then the condition is valid as the appraisal is dated prior to application. Client can elect to waive. Buyer Comment (2025-12-18): this was form a prior loan |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 101 | 35499904 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-01-05): Current value AVM provided.
Within [redacted]% of appraised value. Buyer Comment (2026-01-02): see attached Reviewer Comment (2025-12-18): If from a previous cancelled loan, then the condition is valid as the appraisal is dated prior to application, is not a transferred appraisal, and will require a current value secondary valuation for securitization (i.e. [redacted]E, AVM, BPO, second appraisal). Buyer Comment (2025-12-18): The appraisal was from a previous cancld loan. |
01/05/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 101 | 35499906 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender exception approval is provided. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Borrower has owned the subject property for at least [redacted] years. | SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-11-26): The elects to waive. |
11/26/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | B | B | B | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 103 | 35499911 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file was missing mortgage statement for REO property. | Reviewer Comment (2025-12-30): Documentation provided;
exception cleared. Buyer Comment (2025-12-26): see attached |
12/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 103 | 35499913 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. Lender credit not on HELOC agreement | Buyer Comment (2026-01-04): EV2 Reviewer Comment (2025-12-31): Please accept as is. Buyer Comment (2025-12-29): see attached |
01/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 104 | 35499918 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-10): Client elects to waive Buyer Comment (2025-12-09): elects to waive |
12/10/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499921 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-06): Secondary AVM provided Buyer Comment (2026-01-05): see attached |
01/06/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499922 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-05): Ev[redacted] -elects to
waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499923 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-04): EV2- elects to waive |
01/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499925 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | The minimum expense factor with a P&L only program is [redacted]% for product business. | Reviewer Comment (2026-01-08): Per client, expense factor
is not applied to net income. Determined by taking net / gross to determine
if expenses are in line and income calculated by dividing net by # of months
of P&L. Buyer Comment (2026-01-08): see attached |
01/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499926 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-01-06): Final stamped settlement
statement provided Buyer Comment (2026-01-06): see attached Reviewer Comment (2026-01-05): The final settlement statement is not stamped certified. An estimate settlement statement stamped is not acceptable. Buyer Comment (2026-01-04): see attached |
01/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 105 | 35499927 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. PPP reflects [redacted]%. | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-04): see attached |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499929 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | RCE not provided | Reviewer Comment (2026-01-05): RCE provided Buyer Comment (2026-01-01): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499931 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-01-09): Per client attestation,
client stated current CDA was ordered for this HELOC transaction. Requested
clearance. Buyer Comment (2026-01-01): see attached |
01/09/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499932 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive Buyer Comment (2025-12-31): Ev[redacted] elects to waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499933 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499935 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Provide a copy of the most recent mortgage statement dated at or prior to closing for the senior lien. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-05): see attached Reviewer Comment (2026-01-05): The attached does not clear th[redacted]e condition. The guidelines require the most recent mortgage statement for the senior lien. If one was not provided, the client will need to consider granting an exception with verified compensation factors. Buyer Comment (2025-12-31): see attached -did not obtain stmt |
01/06/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499936 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% noted on HELOC agreement. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499937 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-01-05): E-summary tracking provided
with earlier receipt of disclosures. Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499938 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The Final HUD reflects a disbursement date of [redacted] which is prior to the RTC expiration. | Reviewer Comment (2026-01-05): Final stamped certified HUD
provided updating disbursement date to [redacted]. Rescission met. Buyer Comment (2026-01-02): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499939 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-01-05): E-summary tracking provided
with earlier receipt of disclosures. Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499940 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Sec ID: [redacted] | Reviewer Comment (2026-01-09): Transfer letters
provided Buyer Comment (2026-01-05): see attached |
01/09/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 106 | 35499941 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Transfer letter not provided | Buyer Comment (2026-01-05): Ev[redacted] -elects to
waive |
01/05/2026 | No | 2 | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 107 | 35499944 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-23): FTP provided |
12/23/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 107 | 35499947 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% on HELOC agreement. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-31): see attached Reviewer Comment (2025-12-23): The guidelines provided for the review reflect [redacted]%. Client can elect to waive with verified compensation factors. Buyer Comment (2025-12-22): [redacted] lowered the early termination fee to meet high-cost requirement |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 107 | 35499948 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2025-12-23): Final stamped settlement
statement provided Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 107 | 35499949 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title Policy & Supplement: City [redacted] | Reviewer Comment (2025-12-23): FTP provided with updated
address Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 108 | 35499952 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2025-12-23): Additional AVM provided Buyer Comment (2025-12-23): see attached Reviewer Comment (2025-12-15): The same document was provided that was in file at time of review. A property condition report is not a secondary valuation. Buyer Comment (2025-12-15): See attached |
12/23/2025 | No | 1 | N/A | A | A | A | N/A | A | A | A | AZ | Second Home | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 108 | 35499953 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-23): Client elects to waive Buyer Comment (2025-12-23): elects to waive Reviewer Comment (2025-12-23): The AVM does not clear this condition. Please review comments on [redacted]: Securitization requires a full appraisal. Client can elect to waive. Buyer Comment (2025-12-23): see attached Reviewer Comment (2025-12-15): The same document was provided that was in file at time of review. Securitization requires a full appraisal. Investor can elect to waive with verified compensation factors. Buyer Comment (2025-12-15): see attached |
12/23/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Second Home | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 108 | 35499954 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide the VOR for the primary residence. | Reviewer Comment (2025-12-15): VOR provided and lease
agreement in file. Guidelines do not require cancelled checks if not trying
to utilize for a tradeline. Primary overseas. Buyer Comment (2025-12-15): see attached |
12/15/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Second Home | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 108 | 35499955 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-01-05): Final stamped settlement
statement provided Buyer Comment (2025-12-31): see attached Reviewer Comment (2025-12-23): The closing statements provided are not for the subject property. Buyer Comment (2025-12-23): see attached |
01/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Second Home | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 109 | 35499956 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-10): Client elects to waive Buyer Comment (2025-12-09): elects to waive |
12/10/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | C | B | A | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 109 | 35499958 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Disbursement date on settlement statement is [redacted] which is prior to the RTC expiration date. | Reviewer Comment (2025-12-11): Corrected final stamped
settlement provided correcting disbursement date. Buyer Comment (2025-12-11): See attached Reviewer Comment (2025-12-10): The attached does not clear this condition. If the disbursement date is incorrect on the settlement statement, the corrected and final stamped certified settlement statement must be provided to support. Buyer Comment (2025-12-10): see attached |
12/11/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | B | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 109 | 35499959 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | [redacted] days rescission not provided. RTC was not signed until [redacted] and expiration is [redacted]. Transaction date on RTC is [redacted] which is incorrect. | Reviewer Comment (2026-01-09): Letter of Explanation,
Proof of Delivery (signature date on new RTC's), and Re-open Rescission
provided Buyer Comment (2026-01-08): see attached- Reviewer Comment (2026-01-05): LOE to borrower, unexecuted RTC forms and mailing label provided. Rescission starts from when the borrower receives the new RTC forms (in which the expiration must reflect [redacted] days from receipt date) and the tracking reflects still in transit. Buyer Comment (2026-01-02): see attached Reviewer Comment (2025-12-11): The same RTC forms were provided that were provided at time of review. The loan did not close until [redacted]. The RTC's were signed [redacted] and rescission expiration is [redacted]. Transaction date on RTC is [redacted]. [redacted] days rescission was not provided to the borrowers. Rescission needs to be re-opened. Disbursement date would have no bearing on this as dates on the RTC must be accurate for timing. Buyer Comment (2025-12-11): See both Borrower's Right to [redacted] Reviewer Comment (2025-12-10): The attached does not clear this condition. The RTC dates must be correct on the form. Rescission needs to be re-opened. Buyer Comment (2025-12-10): see attached |
01/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | OK | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | B | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 109 | 35499961 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% on HELOC agreement. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Residual income >$[redacted] | SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-10): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-10): see attached Reviewer Comment (2025-12-10): The guidelines provided to us state [redacted]%. Client can elect to waive with verified compensation factors (exception form with comp factors will be required). Buyer Comment (2025-12-09): [redacted] lowered the early termination fee to meet high-cost requirements. |
12/10/2025 | No | 2 | B | B | B | B | B | OK | Primary | Refinance - Cash-out - Other | C | B | A | B | C | B | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 110 | 35499966 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-01-14): RCE provided Reviewer Comment (2026-01-14): The RCE is for[redacted]. Address [redacted] Buyer Comment (2026-01-14): see attached Reviewer Comment (2026-01-12): The same HOI policy was provided that was in file at time of review. Dwelling coverage $[redacted]. Estimated cost new $[redacted]. Short by $[redacted]. RCE not provided. Coverage of the loan amount is not acceptable unless if covers [redacted]% of the insured amount. Buyer Comment (2026-01-12): Correct HOI for subject |
01/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 110 | 35499967 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence of the PITIA. Insurance only provided in file. If property is not a new purchase, housing history may also be required. | Reviewer Comment (2026-01-12): Evidence of the new PITIA
was provided Buyer Comment (2026-01-12): See for [redacted] Buyer Comment (2026-01-12): [redacted] HOI Buyer Comment (2026-01-12): [redacted] |
01/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 110 | 35499968 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Secretary of State search for the borrower's business reflects an Administrative Dissolution was filed on [redacted] and forfeited. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-12): see attached Reviewer Comment (2026-01-12): The same CPA letter was provided that was in file at time of review. The CPA letter states to the "best of their knowledge....". The SOS reflects the business was administratively dissolved on [redacted] which cannot be disregarded. Per guidelines, the borrower's business must be open/active for [redacted] consecutive years. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-12): See CPA letter for borrower's business |
01/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 110 | 35499969 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | Address [redacted] | Reviewer Comment (2026-01-06): Updated flood cert
provided Buyer Comment (2026-01-05): see attached |
01/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499971 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-01-06): Supported AVM within
[redacted]% of value provided Buyer Comment (2026-01-05): see attached |
01/06/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499972 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive Buyer Comment (2025-12-31): EV2 elects to waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499976 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499977 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___ | Max [redacted]% for condo. Lender exception in file. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-17): Client elects to waive with
verified compensation factors |
12/17/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499978 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Verification of SE was not provided within [redacted] days of closing. CPA is > [redacted] days and [redacted] is not dated. | Reviewer Comment (2026-01-05): Dated OpenCorps provided
within [redacted] days of closing with active status and borrower
verification of SE. Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 111 | 35499979 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Final settlement statement reflects a disbursement date prior to RTC expiration. If the disbursement date on the settlement statement is incorrect, provide the updated final stamped settlement statement to support. | Reviewer Comment (2026-01-05): Final stamped settlement
statement provided reflecting correct disbursement date of [redacted].
Rescission met. Buyer Comment (2025-12-31): see attached |
01/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 112 | 35593314 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Reviewer Comment (2025-10-29): AVM provided as a primary
valuation on a [redacted]nd lien. Rating is a [redacted] for [redacted] per
[redacted] Securitization Bulletin. expects an origination valuation to be
conducted that meets industry standards. If the initial product is not an
appraisal but has a supporting valuation the loan will receive a grade of
[redacted] |
10/29/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 112 | 35593317 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Initial Rate Lock Date not provided. | Reviewer Comment (2025-11-10): Rate Lock agreement
received and verified. Exception cleared. Buyer Comment (2025-11-06): see attached |
11/10/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 112 | 35593318 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. | Reviewer Comment (2026-01-15): Per client attestation, CDA
was obtained for this current transaction. Requested clearance. Buyer Comment (2026-01-15): see attached Reviewer Comment (2026-01-08): The CDA in file was performed on the appraisal that was dated prior to application, therefore securitization requires a current value secondary product (i.e. AVM, [redacted]E, second appraisal) or provide an attestation that the CDA provided was obtained for this transaction. Reviewer Comment (2026-01-08): Client requested re-open Reviewer Comment (2025-10-29): Client elects to waive |
01/15/2026 | No | 1 | N/A | A | A | A | N/A | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 113 | 35771646 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Reviewer Comment (2025-12-22): PDI provided dated
[redacted]: No Damage Buyer Comment (2025-12-19): see attached |
12/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 113 | 35771649 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has owned the subject property for at least [redacted]
years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-22): Client elects to waive Buyer Comment (2025-12-19): elects to waive- [redacted]nd Heloc Reviewer Comment (2025-12-18): Securitization requires a full appraisal. AVM and PCI only provided. Client can elect to waive. Buyer Comment (2025-12-18): [redacted]nd lien -AMV/ PCI was provided |
12/22/2025 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 113 | 35771651 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-06): Secondary AVM provided Buyer Comment (2026-01-05): see attached Reviewer Comment (2025-12-18): A PCI is not a secondary valuation. A secondary valuation is required for securitization. Buyer Comment (2025-12-18): AVM/ PCI was provided -[redacted] lien |
01/06/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771652 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-01-28): FTP provided |
01/28/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771655 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% listed on HELOC agreement and addendum. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-28): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-27): see attached Reviewer Comment (2025-12-22): The guidelines note this is a requirement. Client can elect to waive with verified compensation factors. Buyer Comment (2025-12-19): [redacted] lowered the early termination fee to meet high-cost requirements |
01/28/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771656 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Taxes due [redacted] which are now delinquent. | Reviewer Comment (2026-01-28): Clear FTP provided Buyer Comment (2026-01-27): see attached |
01/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771657 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement only in file. Provide the final stamped settlement statement. | Reviewer Comment (2025-12-22): Final stamped settlement
statement provided Buyer Comment (2025-12-19): see attached |
12/22/2025 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771658 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-01-02): Client elects to waive. Buyer Comment (2025-12-30): EV2 elects to waive |
01/02/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771659 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771660 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771661 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771662 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771663 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771664 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 114 | 35771665 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Final Settlement Statement received post-review. The Settlement Statement reflects the Broker fee POC by the borrower and the HELOC agreements reflects paid by lender. | Reviewer Comment (2026-02-03): Corrected settlement
statement provided updated to correct the payee of the broker fee from
borrower to lender to match the HELOC agreement provided. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 115 | 35771666 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted] Provide updated policy covering [redacted]st mortgage and new [redacted]nd lien OR attestation from the insurer that verbally validated the coverage equal to [redacted]% of the cost to rebuild | Reviewer Comment (2026-02-04): Updated RCE provided by
agent verifying $[redacted] of dwelling reflects [redacted]% replacement
cost. Reviewer Comment (2026-02-03): The HOI policy with sufficient coverage was not obtained until almost [redacted] months post-close and is not acceptable. The borrower needed sufficient coverage at time of closing. Buyer Comment (2026-02-03): Updated Dec Page Reviewer Comment (2026-02-03): RCE from agent of HOI policy provided reflecting replacement cost is $[redacted]. Coverage under A Dwelling is $[redacted]. Coverage is now short by $[redacted]. Buyer Comment (2026-02-03): RCE statement letter [redacted] [redacted]k for the amount of full replacement. Reviewer Comment (2026-01-20): RCE provided with estimated replacement cost of $[redacted]. Dwelling coverage is $[redacted]. Coverage is still short by $[redacted]. Buyer Comment (2026-01-16): RCE |
02/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 115 | 35771668 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal is dated [redacted] before application [redacted] | Reviewer Comment (2026-01-21): Lender attestation provided
confirming CDA was obtained for this transaction. Buyer Comment (2026-01-20): See attached Buyer Comment (2026-01-20): CDA has [redacted]'s name as the client, please proceed. Reviewer Comment (2026-01-20): The same appraisal and CDA were provided that were in file at time of review. If CDA was obtained for this transaction, provide an attestation to that effect. Buyer Comment (2026-01-16): CDA provided Buyer Comment (2026-01-16): Appraisal Buyer Comment (2026-01-16): See attached |
01/21/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 115 | 35771669 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-01-31): Ev[redacted] Reviewer Comment (2026-01-21): The same appraisal and CDA were provided that were in file at time of review. The appraisal is dated prior to the application date. Client can elect to waive as an EV2/B. Buyer Comment (2026-01-20): Both Appraisal and CDA have been uploaded Buyer Comment (2026-01-20): CDA |
01/31/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771671 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2025-12-22): FTP provided |
12/22/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771673 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-04): Ev[redacted] |
01/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771675 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provie the final stamped settlement statement. Estimate only in file. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement Buyer Comment (2026-01-06): see attached Reviewer Comment (2025-12-22): The final settlement statement is not stamped certified. Buyer Comment (2025-12-19): see attached |
01/07/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771676 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% on HELOC agreement and addendum. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-04): see attached Reviewer Comment (2025-12-22): This is noted in the guidelines as a requirement. Client can elect to waive with verified compensation factors. Buyer Comment (2025-12-19): [redacted] lowered the early termination fee to meet high-cost requirements |
01/06/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771677 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2025-12-22): FTP provided Buyer Comment (2025-12-19): see attached |
12/22/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771678 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771679 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771680 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771681 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771682 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771683 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 116 | 35771684 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | The final settlement statement provided post review. The Settlement Statement reflects the borrower paid the broker fee and the HELOC agreement reflects lender paid. | Reviewer Comment (2026-01-07): Updated and corrected final
stamped settlement statement provided updating broker fee as paid by lender
that matches HELOC agreement. |
01/07/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 117 | 35771726 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Concurrent closing. Provide the first payment letter to verify the new lien amount. | Reviewer Comment (2025-12-23): First payment letter with
new lien payment for second provided Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 117 | 35771728 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted] Provide updated policy reflecting minimum coverage of $[redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2025-12-30): Documentation provided;
exception cleared. Buyer Comment (2025-12-26): see attached RCE and HOI -borrower has additional [redacted]% cov to dwelling total of $[redacted]k |
12/30/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771742 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | The file is missing a copy of Initial [redacted] | Reviewer Comment (2025-12-22): Initial signed [redacted]
provided Buyer Comment (2025-12-22): see attached |
12/22/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771744 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-01-12): Per client attesation, the
CDA provided was obtained for the current lien transaction. Requested
clearance. Buyer Comment (2026-01-06): see attached Buyer Comment (2025-12-22): see attached |
01/12/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771745 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly mortgage payment has decreased by at least [redacted]%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-22): Client elects to waive Buyer Comment (2025-12-22): elects to waive Ev[redacted] |
12/22/2025 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771746 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2025-12-22): Client elects to waive Buyer Comment (2025-12-22): elects to waive Ev[redacted] |
12/22/2025 | No | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771748 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Notice of Right to Cancel was not provided. Waiver was only provided for Borrower vs. Non-Borrowing spouse. | Reviewer Comment (2026-01-07): RTC forms provided for both
borrower and non-borrower signed and dated at closing Buyer Comment (2026-01-06): see attached |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | B | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771749 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2025-12-22): Disclosure summary tracking
provided with earlier delivery date Buyer Comment (2025-12-22): see attached |
12/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771750 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2025-12-22): Disclosure summary tracking
provided with earlier delivery date Buyer Comment (2025-12-22): see attached |
12/22/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771751 | Credit | Compliance | Miscellaneous Compliance | Compliance | RTC Waiver: Borrower exercised right to cancel waiver. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly mortgage payment has decreased by at least [redacted]%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-07): Client elects to waive Buyer Comment (2025-12-22): elects to waive - Ev[redacted] |
01/07/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 118 | 35771752 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% listed on Note and addendum. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly mortgage payment has decreased by at least [redacted]%. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-06): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-05): see attached Reviewer Comment (2025-12-22): The guidelines provided for the review reflect [redacted]%. Client can elect to waive with verified compensation factors. Buyer Comment (2025-12-22): [redacted] lowered the early termination fee to meet high-cost requirements |
01/06/2026 | No | 2 | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 119 | 35771755 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. | The Title Policy Amount of $[redacted] is less than the note amount of $[redacted] based on the Preliminary in file. | Reviewer Comment (2025-12-23): FTP provided Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 119 | 35771756 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Title Evidence: ___ | The file was missing a copy of the final title policy. | Reviewer Comment (2025-12-23): FTP provided |
12/23/2025 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 120 | 35771772 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-01-20): Final stamped settlement
statement provided Buyer Comment (2026-01-16): see attached |
01/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 122 | 35771810 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | RCE not provided | Reviewer Comment (2026-01-09): RCE provided Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NC | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 122 | 35771813 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Appraisal effective date of [redacted] is prior to the application date of [redacted] and there is no secondary valuation provided to support value from prior appraisal. It should be noted that the approval reflects a value of $[redacted] was utilized but no documentation in file was provided to support this value. | Reviewer Comment (2026-01-23): Client attestation provided
indicating desk reviews provided were obtained for this loan transaction. Buyer Comment (2026-01-23): see attached Reviewer Comment (2026-01-23): Received corrected desk review updating appraisal reviewed date to [redacted]. Pending receipt of attestation verifying the CDA and appraisal short form desk review were obtained for this transaction. Buyer Comment (2026-01-22): see attached Reviewer Comment (2026-01-09): CDA provided with an unsupported value. Appraisal review short form provided reflects completed on an appraisal with a date of [redacted]. There is no [redacted] appraisal in file and needs to be provided. In addition, attestation will be required verifying the CDA and Appraisal Short Form obtained for this transaction. Buyer Comment (2026-01-09): see attached Reviewer Comment (2026-01-08): An RCE does not clear this condition. Please review the original condition comments. Appraisal effective date of [redacted] is prior to the application date of [redacted] and there is no secondary valuation provided to support value from prior appraisal. It should be noted that the approval reflects a value of $[redacted] was utilized but no documentation in file was provided to support this value. Buyer Comment (2026-01-08): See attached REC |
01/23/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | NC | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 122 | 35771814 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Appraisal effective date of [redacted] is prior to the application date of [redacted]. | Buyer Comment (2026-01-08): [redacted] -elects to waive |
01/08/2026 | No | 2 | A | A | A | A | A | A | B | B | NC | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 122 | 35771816 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | City [redacted] | Reviewer Comment (2026-01-23): Corrected desk review
provided Buyer Comment (2026-01-22): see attached |
01/23/2026 | No | 1 | A | A | A | A | A | NC | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 123 | 35771833 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-28): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-28): see attached |
01/28/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 123 | 35771834 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Gap Report is > [redacted] days prior to closing. | Reviewer Comment (2026-01-28): Updated gap report
provided Buyer Comment (2026-01-28): see attached [redacted] |
01/28/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 123 | 35771835 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement provided. Provided the final stamped settlement statement. Must reflect debts paid off. | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided Buyer Comment (2026-01-28): see attached |
01/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 123 | 35771836 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-30): Ev[redacted] |
01/30/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771840 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-09): FTP provided |
01/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771841 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-09): Final title provided Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771842 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-01-08): EV2 -elects to waive |
01/08/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771844 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-12): Per client attestation, CDA
was obtained for the current lien transaction. Requested clearance. Buyer Comment (2026-01-11): see attached Reviewer Comment (2026-01-09): The effective dates are [redacted] on both the CDA and appraisal. If the CDA was obtained for this HELOC transaction, an attestation to that effect will need to be provided for the file to clear. Buyer Comment (2026-01-08): appraisal [redacted] CDA [redacted] Note Date [redacted] Reviewer Comment (2026-01-08): The appraisal and CDA provided are not for the subject property Buyer Comment (2026-01-08): Appraisal and CDA provided dated [redacted] and Note date [redacted] |
01/12/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771845 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% noted on HELOC agreement. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771846 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement only provided. Provide the final stamped settlement statement. | Reviewer Comment (2026-01-09): Final stamped settlement
statement provided Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771847 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | P&L only: Provide the business license for [redacted] years | Reviewer Comment (2026-01-15): Lender attestation
provided Buyer Comment (2026-01-14): see attached Reviewer Comment (2026-01-12): If the lender is not requiring the business license as the guidelines do not indicate when it is is or is not applicable, provide an attestation to this effect. Buyer Comment (2026-01-12): guidelines [redacted] state business license if applicable.. N/A Reviewer Comment (2026-01-09): The CPA letter does not clear this condition which just states how long the borrower has been in business. A CPA letter is not a business license. The P&L program requires the business license for [redacted] years. Buyer Comment (2026-01-08): see attached CPA letter |
01/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 124 | 35771848 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-14): Ev[redacted] |
01/14/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 125 | 35771869 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Per the [redacted], the lender utilized [redacted]% of rents for rental income. [redacted] reflects $[redacted] and there is no STR ledger in file as noted on the [redacted]. Further, guidelines do not allow [redacted]% rents to be utilized. | Reviewer Comment (2026-01-23): [redacted] month STR ledger
provided for subject property. Updated qualifying rents to $[redacted] (STR
rents / [redacted]). The guidelines do not state a reduction to STR income is
required as the vacancy factor is already accounted for in fee. DT Is now
within guidelines. Buyer Comment (2026-01-22): See the attached [redacted] Buyer Comment (2026-01-22): [redacted] ledger was used for subject property rental income as it's a STR property. No income worksheet -see attached Buyer Comment (2026-01-15): Please see the attached [redacted] files of rental income |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 126 | 35771874 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-09): see attached |
01/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 126 | 35771875 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-09): Ev[redacted] |
01/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 128 | 35771885 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-23): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-23): see attached |
01/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 128 | 35771886 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | City [redacted] | Reviewer Comment (2026-01-23): Updated flood cert
provided Buyer Comment (2026-01-23): see attached |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 128 | 35771887 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Underwriting Fee) | Final Settlement Statement reflects loan origination fee and HELOC agreement reflects UW fee. No itemization in file to determine breakdown of loan origination fees. | Reviewer Comment (2026-01-23): Corrected final stamped
settlement statement provided updating fee name to UW fee. Condition no
longer applies. Buyer Comment (2026-01-23): see attached |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 128 | 35771888 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Final Settlement Statement reflects loan origination fee and HELOC agreement reflects UW fee. No itemization in file to determine breakdown of loan origination fees. | Buyer Comment (2026-01-23): elects to waive |
01/23/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 130 | 35772089 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The Final Settlement Statement in file, page [redacted] under acknowledgment, reflects document is an estimate. Provide the final, stamped certified settlement statement. | Reviewer Comment (2026-01-20): Final stamped settlement
statement provided Buyer Comment (2026-01-16): Final Settlement |
01/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 130 | 35772090 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Both properties have second liens not reporting on credit. Provide evidence of P&I and evidence of the [redacted] month housing history. | Reviewer Comment (2026-02-09): Received and associated
note and Closing Disclosure for "[redacted] ". Exception
cleared. Buyer Comment (2026-02-06): [redacted] [redacted][redacted] Buyer Comment (2026-02-06): [redacted] [redacted]nd Lien Buyer Comment (2026-02-06): [redacted] Buyer Comment (2026-02-06): [redacted] DOCS Buyer Comment (2026-02-05): see attached Reviewer Comment (2026-02-03): Please Provide Closing disclosed or note document to verify P&I $[redacted] for "[redacted] . Exception remains. Buyer Comment (2026-02-02): [redacted] W [redacted] was financed by [redacted] on [redacted] which was [redacted] days after this loan. There was not mortgage statement or [redacted] month payment history yet Reviewer Comment (2026-01-28): Please provide the Mortgage Statement for Second Lien P&I and evidence of [redacted]-month housing payment history for the property located at "[redacted] ". Exception remains. Buyer Comment (2026-01-27): [redacted] Note Buyer Comment (2026-01-27): Signed CD [redacted] DR Buyer Comment (2026-01-26): These are new liens - See Settlement and note uploaded Buyer Comment (2026-01-26): [redacted] [redacted] Note and Settlement |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 130 | 35772091 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-03): Received and associated Tax
Verification for "[redacted]". Exception cleared. Buyer Comment (2026-01-30): see attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 130 | 35772092 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-09): Received and associated
Insurance Verification for "[redacted] XXX". Exception cleared. Buyer Comment (2026-02-05): Attached Reviewer Comment (2026-02-03): Received Tax Verification. Please Provide Insurance Verification for "[redacted] . Exception remains. Buyer Comment (2026-01-30): see attached Reviewer Comment (2026-01-28): Please Provide Tax and Insurance Verification for "[redacted] . Exception remains. Buyer Comment (2026-01-27): [redacted]MTG STATEMENT |
02/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 131 | 35772103 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no [redacted]or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-06): [redacted]AVM provided Buyer Comment (2026-01-05): see attached |
01/06/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | NV | Investment | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 131 | 35772104 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-06): elects to waive Reviewer Comment (2026-01-06): The AVM does not clear this condition. Securitization requires a full appraisal. Client can elect to waive. Buyer Comment (2026-01-05): see attached |
01/06/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Investment | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809205 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-01-26): Agent email provided
stating the [redacted] Fair plan policy is the dwelling coverage as it covers
the structure with optional coverage and the [redacted] policy is for liability, theft and sudden
water damage and does not cover the home structure. Buyer Comment (2026-01-26): see email from agent pg [redacted] Reviewer Comment (2026-01-26): The RCE was provided, however reflects a replacement cost of $[redacted] and dwelling is $[redacted]. Shortfall $[redacted]. [redacted] Fair Plan policy was already provided in file at time of review. A [redacted] Fair Plan policy is not the same as standard hazard insurance dwelling coverage. The FAIR Plan is a "last resort" basic, named-peril policy focusing heavily on fire, while standard hazard insurance part of a homeowners policy provides broader, all-risk coverage. Buyer Comment (2026-01-23): see attached |
01/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809206 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence of the PITIA | Reviewer Comment (2026-01-28): Final CD provided with
PITIA Buyer Comment (2026-01-26): see attached - they provided the docs signed at closing Reviewer Comment (2026-01-07): The initial CD was provided for this property. Provide the final signed final CD with evidence of the full PITIA or first payment letter. Buyer Comment (2026-01-06): see attached |
01/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809207 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-01-30): Earlier dated disclosure
provided Buyer Comment (2026-01-28): see attached Reviewer Comment (2026-01-26): The e-tracking disclosure does not reflect this disclosure was emailed on [redacted]. The only disclosure in file is signed / dated at closing and not provided timely. |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809208 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement only in file. | Reviewer Comment (2026-01-07): Final stamped settlement
statement provided Buyer Comment (2026-01-07): see attached |
01/07/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809209 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-01-26): E-tracking provided with
earlier delivery date Buyer Comment (2026-01-26): see attached Reviewer Comment (2026-01-15): The same document was provided that was in file at time of review. The HELOC brochure is not dated. The verbiage of the receipt of HELOC brochure is on the Important Terms disclosure, however this disclosure was also not provided timely. Buyer Comment (2026-01-15): Brochure |
01/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809210 | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | - | CPA letter is not dated | Reviewer Comment (2026-01-28): Dated letter provided with
correspondence from tax company on updating letter with date. Buyer Comment (2026-01-27): see attached Reviewer Comment (2026-01-15): The same CPA letter was provided with a print date added in different font which is not acceptable. The lender cannot add this on behalf of the CPA. Provide evidence the letter was updated by the CPA. Buyer Comment (2026-01-15): see attached |
01/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809211 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | XXX policy does not reflect mortgagee + ISAOA. | Reviewer Comment (2026-01-28): Agency email provided on no
claims. Buyer Comment (2026-01-27): see attached Reviewer Comment (2026-01-26): The effective date of the change per the policy is [redacted] which is post close. Provide evidence no claims have been filed up until [redacted]. Buyer Comment (2026-01-26): se pg [redacted] -shows ISAOA Reviewer Comment (2026-01-26): The same policy was provided that in file at time of revie and provided on [redacted]. Please review original condition and comments on [redacted]: [redacted] policy does not reflect mortgagee + ISAOA. Buyer Comment (2026-01-23): see attached Reviewer Comment (2026-01-07): The same policy was provided that was in file at time of review and is for the [redacted] Fair Plan policy which is an additional policy the borrower holds. Please review the original condition. [redacted] policy does not reflect mortgagee + ISAOA. Buyer Comment (2026-01-06): see attached |
01/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809212 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-07): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-06): see attached |
01/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 132 | 35809213 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Disbursement on settlement statement is prior to RTC expiration. Final stamped settlement statement not provided. Only estimate. | Reviewer Comment (2026-01-07): Final stamped settlement
statement provided with updated settlement date / disbursement date.
Rescission met. Buyer Comment (2026-01-07): see attached |
01/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809217 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-04): Lender attestation provided
noting CDA was ordered for this transaction. Requested clearance. Buyer Comment (2026-02-04): Attestation |
02/04/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809218 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-10): Client elects to waive Buyer Comment (2026-02-09): elects to waive please Reviewer Comment (2026-02-04): Fees on HELOC Agreement do not match the Final Settlement Statement fees. Payoff fee of $[redacted] not on HELOC agreement, prepaid interest of $[redacted] not on HELOC agreement. Client can elect to waive as an EV2/B. Buyer Comment (2026-02-04): They matched the settlement statement from what I saw. Please specify |
02/10/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809220 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-02-11): Earlier dated disclosure
provided Buyer Comment (2026-02-10): Attached Reviewer Comment (2026-02-10): E-tracking provided does not reflect this disclosure was sent. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809221 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The stamped settlement statement has a disbursement date of [redacted] which is prior to closing. Provide the corrected final stamped settlement statement. | Reviewer Comment (2026-02-11): Corrected final stamped
settlement statement provided updating fee name. Buyer Comment (2026-02-10): Please see the attachment Reviewer Comment (2026-02-10): The final stamped settlement statement reflects a borrower paid Mtg Broker fee. The HELOC agreement reflects Loan Origination fee. If fee is one in the same, provide the final stamped settlement statement updating the fee name. If fee is actually a different charge to borrower, this will result in HOEPA violations. Buyer Comment (2026-02-09): Please see attached Buyer Comment (2026-02-09): Attached Reviewer Comment (2026-02-04): The same settlement statement was provide that was in file at time of review. Per original condition, the stamped settlement statement has a disbursement date of [redacted] which is prior to closing. Provide the corrected final stamped settlement statement. Buyer Comment (2026-02-04): Settlement statement |
02/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809222 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for a reduced PPP/Early Termination fee. Buyer Comment (2026-02-10): Please see attachment Reviewer Comment (2026-02-10): Condition cannot be cleared as this is a guideline requirement. Condition can be waived with verified compensation factors. Buyer Comment (2026-02-09): We are not required to charge a [redacted]% fee. It can come down for pricing or high cost reasons. Please clear the condition. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 133 | 35809223 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-02-10): E-tracking provided
reflecting earlier delivery of disclosure. Buyer Comment (2026-02-09): Please reference page [redacted] through the end of the disclosure package to show when sent and reviewed |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 134 | 35809247 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The RTC expiration date is after the final stamped settlement statement disbursement date. If the disbursement date on the final settlement statement is incorrect, the corrected and final stamped settlement statement is to be provided. | Reviewer Comment (2026-01-23): Corrected final stamped
settlement statement provided Buyer Comment (2026-01-22): see attached |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 134 | 35809249 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | At least one of the borrowers must be self-employed for at least [redacted] years. CPA states business started [redacted] years ago however all business licensing and business documents reflect [redacted] years ago. | Reviewer Comment (2026-02-02): Evidence the business has
been opened for over [redacted] years was provided. Reviewer Comment (2026-01-02): Received same documents which were available in file. Based on the guidelines 'at least one of the borrowers must be self-employed for at least [redacted] years'. CPA states business started [redacted] years ago however all business licensing and business documents reflect business start date as [redacted] [redacted] years ago which is not covering the [redacted] years of requirement. Exception remains. Buyer Comment (2025-12-30): CPA LETTER Buyer Comment (2025-12-30): SEE ATTACHED Buyer Comment (2025-12-30): P&L |
02/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 135 | 35809251 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-01-13): Ev[redacted] |
01/13/2026 | No | 2 | A | A | A | A | A | A | B | B | CT | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 135 | 35809253 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-03): HOI provided Buyer Comment (2026-01-31): see attached Reviewer Comment (2026-01-13): A payment receipt was provided, however it does not reflect this REO address. Buyer Comment (2026-01-13): see attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 135 | 35809254 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Transfer letter not provided | Reviewer Comment (2026-02-03): Transfer letter provided |
02/03/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CT | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 135 | 35809255 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Sec ID: [redacted] | Reviewer Comment (2026-02-03): Transfer letter provided Buyer Comment (2026-01-31): see appraisal transfer letter attached -(prior comments wrong file) Reviewer Comment (2026-01-22): Please review page [redacted] of the appraisal which reflects XXX as the Lender/Client. Buyer Comment (2026-01-21): This was not a transferred appraisal. It originated w/ [redacted]. Reviewer Comment (2026-01-13): The UW cert does not clear this condition. The appraisal transfer letter was not provided. Buyer Comment (2026-01-13): see attached |
02/03/2026 | No | 1 | D | A | A | A | D | A | A | D | A | CT | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 135 | 35809256 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-03): Lender attesation provided
stating CDA was obtained for this transaction. Requested clearance. |
02/03/2026 | No | 1 | A | A | A | A | A | CT | Investment | Refinance - Cash-out - Other | D | B | C | A | A | A | D | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809276 | Compliance | Compliance | State Compliance | State Defect | [redacted] Interest and Usury Prepayment Penalty | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a loan originated on or after [redacted] [redacted], [redacted]. | Reviewer Comment (2026-02-06): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made
expressly under Title [redacted], Subtitle [redacted], any requirements under
Subtitle [redacted] (i.e., [redacted]-[redacted]) are not applicable. There
are no further restrictions/prohibitions found under the Revolving Credit
Provisions within [redacted]. Reviewer Comment (2026-02-05): Re-opened for review. Reviewer Comment (2026-02-05): The Creditor-Grantor Closed-End Credit Provisions only apply to a loan transaction if the creditor makes a written election in the credit instrument to have the Provisions apply. After review, there is no indication in the credit instrument the loan was being made under the Creditor-Grantor Closed-End Credit Provisions, the exception has been cleared. Buyer Comment (2026-02-04): see attached |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809277 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty Second Lien | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a second lien loan. | Reviewer Comment (2026-02-06): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made
expressly under Title [redacted], Subtitle [redacted], any requirements under
Subtitle [redacted] (i.e., [redacted]-[redacted]) are not applicable. In
order for the requirements of [redacted]-[redacted] to apply, there needs to be written
election to make the loan under Subtitle [redacted] which there is not. There
are no further restrictions/prohibitions found under the Revolving Credit
Provisions within [redacted]. Buyer Comment (2026-02-04): see attached |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809278 | Compliance | Compliance | State Compliance | State Defect | [redacted][redacted] Prepayment Penalty Test [redacted] | [redacted][redacted]: Mortgage loan contains an impermissible prepayment penalty. | Mortgage loan contains an impermissible prepayment penalty. | Reviewer Comment (2026-02-06): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made
expressly under Title [redacted], Subtitle [redacted], any requirements under
Subtitle [redacted] (i.e., [redacted]-[redacted]) are not applicable. There
are no further restrictions/prohibitions found under the Revolving Credit
Provisions within [redacted]. Buyer Comment (2026-02-04): see attached |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809279 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender exception in file. | Borrower has verified disposable income of at least
$[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC |
Reviewer Comment (2025-12-16): Client elects to waive with
verified compensation factors |
12/16/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809280 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has verified disposable income of at least
$[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC |
Reviewer Comment (2026-01-22): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-21): see attached |
01/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809281 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Verification of SE must be documented within [redacted] days of closing. Documentation in file is > [redacted] days or not dated. | Reviewer Comment (2026-01-22): [redacted]party
verification of SE provided within [redacted] days of closing. Buyer Comment (2026-01-21): see attached |
01/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 136 | 35809282 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | ISAOA is missing | Reviewer Comment (2026-02-10): Agent email provided
regarding no open claims. Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-02-05): The policy provided is [redacted] months post-close. Provide the updated preclose policy with ISAOA or provide a letter from the agency no claims have been filed since loan closing. Buyer Comment (2026-02-04): see attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 137 | 35809298 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-08): Client elects to waive Buyer Comment (2026-01-08): Please waive Reviewer Comment (2026-01-08): As noted on [redacted], securitization requires a full appraisal. This is an EV2 therefore client can elect to waive. An additional AVM does not clear this condition. Buyer Comment (2026-01-07): AVM was used for this file, attached is the [redacted]nd AVM Reviewer Comment (2026-01-07): The same documents were provided that were in file at time of review. Securitization requires a full appraisal. Client can elect to waive. Buyer Comment (2026-01-07): See attached |
01/08/2026 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 137 | 35809300 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no [redacted]or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-08): [redacted]AVM provided Buyer Comment (2026-01-07): AVM was used for this file, attached is the [redacted]nd AVM Reviewer Comment (2026-01-07): The same documents were provided that were in file at time of review. Securitization requires a secondary valuation (i.e. Additional AVM from a different company, BPO, [redacted]E, second appraisal). A PCI is not a secondary valuation. Buyer Comment (2026-01-07): see attached |
01/08/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 137 | 35809301 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement provided only | Reviewer Comment (2026-02-04): Final corrected stamped
settlement statement provided Buyer Comment (2026-02-03): see attached Reviewer Comment (2026-01-08): The closing statement provided reflects a disbursement date of [redacted], however loan did not close until [redacted]. Provide the corrected stamped final settlement statement Buyer Comment (2026-01-07): see attached |
02/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 137 | 35809302 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-13): exception attached Reviewer Comment (2026-01-08): The document provided does not clear this condition. The guidelines require [redacted]% termination fee. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-08): see attached |
01/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809328 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. Buyer Comment (2026-02-11): See attachment Reviewer Comment (2026-02-06): The closing statement in file does not break down these fees. If the fee is not a loan origination fee and is a combination of fees, the final stamped settlement statement will need to be provided updating the fees. Buyer Comment (2026-02-06): The Origination Fee to [redacted] on the Title Settlement sheet of $[redacted] includes the Discount points of $[redacted] and the UW fee of $[redacted] and the Doc Prep Fee of $[redacted] = $[redacted]. Please clear. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809329 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-06): elects to waive |
02/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809330 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HOEPA disclosure was not provided to the Borrow | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809331 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Mortgage loan financed Points and Fees. | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809332 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809333 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809334 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 138 | 35809336 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-02-11): Received corrected stamped
settlement statement itemizing fees / correcting fees. After re-testing,
conditions no longer apply. |
02/11/2026 | No | 1 | A | A | A | A | A | NH | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809388 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | The file was missing [redacted] Initial. | Reviewer Comment (2026-02-10): Initial [redacted]
provided Buyer Comment (2026-02-09): Please see pages [redacted] - [redacted] of the initial disclosures attached |
02/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809391 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-10): Client elects to waive Buyer Comment (2026-02-09): Please waive - EV2 |
02/10/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809393 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-10): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-09): OFC can adjust the termination fee for pricing or compliance. This is not a requirement to keep where initially disclosed. Please waive. |
02/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809394 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Gap Report dated within [redacted] days of closing not provided for XXX. | Reviewer Comment (2026-02-10): Gap report for
[redacted]provided Buyer Comment (2026-02-09): Please see attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809395 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-02-10): Supplement provided Buyer Comment (2026-02-09): Please see the top page of the prelim - supplement report for [redacted] which reflects this required info |
02/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809396 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | Interest only senior liens are acceptable when qualified at a maximum DTI of [redacted]%. Qualify I/O on fully amortized payment on the remaining term after the I/O period. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-26): See revised exception. DTI
now [redacted]%. Buyer Comment (2026-02-10): Please see attached exception docs |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809397 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Earlier receipt not provided | Reviewer Comment (2026-02-10): Initial application
provided with application date. Disclosures dated within [redacted] days of
application date. Buyer Comment (2026-02-09): Please see the attached starting on page [redacted]. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35809398 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Earlier receipt not provided | Reviewer Comment (2026-02-10): Initial application
provided with application date. Disclosures dated within [redacted] days of
application date. Buyer Comment (2026-02-09): Attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 139 | 35930125 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception provided to allow the use of the I/O payment on the Senior Lien vs. the full amortized payment after the I/O period as required per guidelines. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-26): Client elects to waive with
verified compensation factors |
02/26/2026 | No | 2 | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809411 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-02-02): Final stamped settlement
statement provided correcting itemization of fees. Condition no longer
applies. Buyer Comment (2026-01-29): see attached Reviewer Comment (2026-01-20): The final stamped settlement statement was provided however is missing page [redacted]. The page [redacted] provided is from the incorrect settlement statement with a print date of [redacted]. Provide page [redacted] from the corrected stamped settlement statement with a print date of [redacted]. Buyer Comment (2026-01-16): see attached |
02/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809412 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-12): Ev[redacted] |
01/12/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809414 | Compliance | Compliance | State Compliance | Misc. State Level | DC Mortgage Disclosure Amendment Act of 2007 (Mortgage Disclosure Not Provided) | DC Mortgage Disclosure Amendment Act of [redacted]: Mortgage Disclosure not provided to borrower. | Buyer Comment (2026-01-12): ev[redacted] |
01/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809415 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-12): see attached |
01/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809416 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-01-13): Disclosure tracking
provided with evidence of earlier delivery Buyer Comment (2026-01-12): see attached |
01/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809417 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-10): Earlier dated disclosure
provided Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-01-13): The disclosure tracking provided does not reflect this disclosure was sent to the borrower. The disclosure must be provided to the borrower within [redacted] days of application date. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 140 | 35809418 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The EA licensing lookup reflects [redacted]. The EA letter and P&L were signed by XXX. No evidence individuals are one on the same. | Reviewer Comment (2026-02-02): Correspondence provided
from lender / CPA verifying one in the same person. Buyer Comment (2026-01-29): see attached Reviewer Comment (2026-01-13): The EA letter and P&L are signed by [redacted]. The EA license lookup is for La[redacted]. No evidence these individuals are one in the same. Buyer Comment (2026-01-12): I am showing ea shows [redacted] |
02/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | DC | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809425 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Reviewer Comment (2026-02-11): Signed and dated initial
[redacted] provided |
02/11/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809428 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for a reduced PPP/Early Termination fee. Reviewer Comment (2026-02-10): This is a guideline requirement. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-09): The fee can be adjusted at [redacted]'s discretion for pricing purposes or for state high cost purposes. Please clear this is not an exception. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809429 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Estimated HUD1 (Loan Origination Fee) | Reviewer Comment (2026-02-10): Final stamped settlement
statement provided with corrected fees. Buyer Comment (2026-02-10): Attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809430 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-29): elects to waive |
01/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809432 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-02-10): Final stamped settlement
statement provided Buyer Comment (2026-02-10): Attached |
02/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809433 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-11): Initial signed application
date provided with application of [redacted]. Disclosures were provided
timely. Reviewer Comment (2026-02-11): As noted, the initial application was not provided and waived by the [redacted] staff. If the application date is [redacted], then this will need to be provided. Buyer Comment (2026-02-10): We did not receive the full application until [redacted] so that works. We do not go off the open date as that does not constitute full application. Reviewer Comment (2026-02-10): The e-tracking provided reflects delivered on [redacted]. Application date is [redacted] per the fraud report. The initial [redacted] was not provided and exceptioned for, however waived by [redacted] staff. Buyer Comment (2026-02-09): Please reference page [redacted] on. That will also show you when delivered, |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809434 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-11): Initial signed application
date provided with application of [redacted]. Disclosures were provided
timely. Reviewer Comment (2026-02-11): As noted, the initial application was not provided and waived by the [redacted] staff. If the application date is [redacted], then this will need to be provided. Buyer Comment (2026-02-10): We did not receive the full application until [redacted] so that works. We do not go off the open date as that does not constitute full application. Reviewer Comment (2026-02-10): The same document was provided that was in file at time of review which is dated [redacted] and the e-tracking provided does not reflect this disclosure was sent. Application date is [redacted] per the fraud report. The initial [redacted] was not provided and exceptioned for, however waived by [redacted] staff. Buyer Comment (2026-02-10): Please reference page [redacted] and [redacted] of the initial disclosure package uploaded. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 141 | 35809435 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___ | Max for Rural [redacted]%. Client exception in file. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
verified compensation factors |
01/09/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 142 | 35809447 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-05): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 143 | 35809478 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-29): EV [redacted] |
01/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 143 | 35809480 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Disbursement date on closing statement (estimate) and disbursement statement is [redacted] and RTC expiration is [redacted]. | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided updating disbursement date. Rescission met. |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 143 | 35809481 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement only provided. Provide the final stamped settlement statement. | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided Buyer Comment (2026-01-29): Please see the attached Final Borrowers Statement. Please note that the certified stamp and the escrow officers' signature are on the bottom of the page, |
01/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 143 | 35809482 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-29): Please see the attached exception form |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 143 | 35809483 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Line Limit discrepancy. | Note Line Limit of ___ is greater than Guideline Maximum Line Limit of ___. | Lender exception in file | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-14): Client elects to waive with
verified compensation factors |
01/14/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876626 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-08): Ev[redacted] |
01/08/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876627 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-09): FTP provided Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876628 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no [redacted]or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-20): Secondary AVM provided Buyer Comment (2026-01-20): see attached |
01/20/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876629 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-09): FTP provided |
01/09/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876631 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-02-03): Full tracking log provided
reflects mailed out to borrower on [redacted] which is within [redacted] days
of application date. Reviewer Comment (2026-01-23): This was already addressed in an email to [redacted] by management. The disclosure tracking in the below screen shot and in file reflects disclosures were sent to the borrower prior to their consent to receive electronic disclosures. Disclosures cannot be emailed to the borrower prior their consent. Participant [redacted], our borrower, consented on [redacted]. Participant [redacted], not our borrower, consented on [redacted]. If the lender has proof the disclosures were also mailed to the borrower within [redacted] days of application, that can also be provided for review. Buyer Comment (2026-01-23): Please see attached to show disclosures were delivered to the borrower. The snippets prove we meet the delivery requirements. Reviewer Comment (2026-01-09): The HELOC Brochure receipt was signed and dated by the borrower on [redacted] which is not within [redacted] days of application [redacted] Buyer Comment (2026-01-08): see initial disclosures -pg [redacted] |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876632 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-01-23): Corrected stamped final
settlement statement provided reflecting correct fee name. Condition no
longer applies. |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876633 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-08): Ev[redacted] |
01/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876634 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-02-03): Full tracking log provided
reflects mailed out to borrower on [redacted] which is within [redacted] days
of application date. Reviewer Comment (2026-02-03): The [redacted]-consent is for e-disclosures is [redacted] for a non-borrower. The borrower did not consent until [redacted]. Disclosures cannot be emailed to non-borrowers on behalf of borrowers and disclosures cannot be emailed prior to e-consent. The disclosure provided by email states submitted for printing on [redacted], however there is no evidence it was mailed out. Also, DSI = Document System, Inc which is a parent company that created and operates DocMagic. On [redacted], the screen shot just says "dsi[redacted]". We would need evidence to support that this event was the initial package being sent regular mail to our borrower, [redacted]. Buyer Comment (2026-02-02): see attached Reviewer Comment (2026-01-23): This was already addressed in an email to [redacted] by management. The disclosure tracking in the below screen shot and in file reflects disclosures were sent to the borrower prior to their consent to receive electronic disclosures. Disclosures cannot be emailed to the borrower prior their consent. Participant [redacted], our borrower, consented on [redacted]. Participant [redacted], not our borrower, consented on [redacted]. If the lender has proof the disclosures were also mailed to the borrower within [redacted] days of application, that can also be provided for review. Buyer Comment (2026-01-23): Please see attached to show disclosures were delivered to the borrower. The snippets prove we meet the delivery requirements. Reviewer Comment (2026-01-09): The HELOC Brochure receipt was signed and dated by the borrower on [redacted] which is not within [redacted] days of application [redacted] Buyer Comment (2026-01-08): see initial disclosures |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876635 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876636 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate Settlement Statement only in file. | Reviewer Comment (2026-01-09): Final settlement statement
provided Buyer Comment (2026-01-08): see attached |
01/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876637 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Provide the RCE | Reviewer Comment (2026-02-19): Per agent email they cannot
get the RCE to break out the debris but noted that the policy has debris
removal of $[redacted]K which the agent states is extended replacement cost
for the debris removal included in the RCE as well as policy has replacement
cost. Client deemed sufficient and requested clearance. Buyer Comment (2026-02-18): Please see ins agent emial - borrower has sufficient coverage w/ addtl [redacted]k extension. Reviewer Comment (2026-02-18): Updated RCE provided reflects replacement cost of $[redacted]. Dwelling coverage is $[redacted]. Shortfall is now $[redacted]. Unless the debris removal is separated out of the coverage requirements, it is included as the estimate is not known. Debris removal is not separate ext dwelling coverage. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-18): see attached Reviewer Comment (2026-02-13): Updated HOI with increased dwelling coverage however, it is still short by $[redacted]. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-12): see attached Reviewer Comment (2026-02-04): The policy stating replacement cost is not sufficient as the RCE's provided support replacement cost of the property is not covered. Buyer Comment (2026-02-03): The coverage also states replacement cost. That should suffice, no? Reviewer Comment (2026-01-21): The document uploaded is another RCE that increased the estimated cost to replace to $[redacted]. Dwelling coverage is $[redacted]. Coverage shortfall is now $[redacted]. Buyer Comment (2026-01-21): Please see the attached HOI with sufficient RCE Reviewer Comment (2026-01-09): RCE provided, however coverage is still short by $[redacted]. RCE reflects replacement cost estimate of $[redacted]. Dwelling coverage on policy is $[redacted]. Buyer Comment (2026-01-08): see attached |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876638 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. [redacted] valuations were provided, one of which does not support value. No CU or LCA provided. Sec ID: [redacted] | The secondary AVM provided for securitization has a value > [redacted]% from origination AVM. | Reviewer Comment (2026-02-03): Additional AVM provided.
See new condition Buyer Comment (2026-02-02): see attached |
02/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 144 | 35876639 | Property | Property - Appraisal | Value Discrepancy | Property - Appraisal | Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries support value. [redacted] or more AVMs provided. No CU or LCA provided. Sec ID: [redacted] | Reviewer Comment (2026-02-04): BPO provided with supported
value which supersedes AVM as it is a higher tiered product. Buyer Comment (2026-02-04): see attached Reviewer Comment (2026-02-03): Another AVM was provided with a supported value. An AVM does not cancel out another unsupported AVM as it is the same product. A higher tiered product will need to be provided ([redacted]E, second appraisal, BPO). |
02/04/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876641 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-10): Client elects to waive Buyer Comment (2026-02-09): Transfer appraisal, CDA and re-cert provided (once effective date is updated) to support the value all provided and this meets guides. This can be waived. |
02/10/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876642 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No [redacted]valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Per client attestation
provided, CDA was ordered for this transaction. Requested clearance. Buyer Comment (2026-02-10): Attestation attached, thanks Reviewer Comment (2026-02-10): The attestation is required for the file. Comments are not acceptable. Buyer Comment (2026-02-10): The CDA was ordered for this transaction. The CDA report date is [redacted] which is after this loan's app date. The date you all are looking at the is the date they fill in for the appraisal effective date not the CDA report date which is another section above that info. Please clear, thank you. Reviewer Comment (2026-02-10): The same CDA was provided that was in file at time of review. The CDA effective date is [redacted]. If the CDA provided was obtained for this transaction, a lender attestation to that effect must be provided to clear. Buyer Comment (2026-02-09): CDA provided is dated after app date but prior to note date, dated [redacted]. The closing was delayed on this second transaction due the first loan had to be sold before this one could close but this is within [redacted] months of the note date to support. |
02/11/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876645 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-10): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-09): OFC can adjust the termination fee for pricing or compliance. This is not a requirement to keep where initially disclosed. Please waive. |
02/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876646 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-10): Client elects to waive Buyer Comment (2026-02-09): Please waive - EV2 |
02/10/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876647 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met | Primary residence HELOCs do not have seasoning requirements if the lower of the purchase price or appraised value is used for the first [redacted] months. Per the appraisal, purchase contract price was $[redacted]. No evidence of final sales price. Non-Arm's purchase from relative on [redacted]. The lender utilized the higher appraised value to qualify. | Reviewer Comment (2026-02-10): Final CD provided for
initial purchase which reflects purchase price of $[redacted]MIL which
matches current appraised value. Buyer Comment (2026-02-09): Final CD from purchase reflects the sales price of $[redacted]. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 145 | 35876648 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | - | The recert of value does not have the effective date of appraisal update completed which is when the property value was recertified. | Reviewer Comment (2026-02-13): Updated recert of value
provided Buyer Comment (2026-02-12): Revised re-cert attached, thanks. Reviewer Comment (2026-02-11): No worries. Please upload the document once received. Client requested condition back. Buyer Comment (2026-02-10): Please disregard, we have not received the revised re-cert yet. I erroneously uploaded the attestation to this item. Sorry! Buyer Comment (2026-02-10): See attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 146 | 35876651 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-20): OK to waive this condition Reviewer Comment (2026-02-10): The same HUD and itemization were provided that were in file at time of review. The HUD fees do not match the HELOC agreement fees. Client can elect to waive as an EV2. Buyer Comment (2026-02-10): Please don't waive an review the attached Buyer Comment (2026-02-10): Please waive - EV2 |
02/20/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 146 | 35876653 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-10): E-Tracking provided
reflecting earlier delivery Buyer Comment (2026-02-09): Please reference page [redacted] on |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 146 | 35876654 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-13): Earlier dated disclosure
provided Buyer Comment (2026-02-12): Attached Reviewer Comment (2026-02-10): E-tracking does not reflect this disclosure was sent. |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876656 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-02-10): FTP provided Buyer Comment (2026-02-09): Attached |
02/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876657 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-10): FTP provided |
02/10/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876658 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Estimated HUD1 (Loan Origination Fee) | Reviewer Comment (2026-02-10): Final stamped settlement
statement provided verifying fee was not charged to borrower. Condition no
longer applies. Buyer Comment (2026-02-09): Please see final HUD |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876659 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-28): Ev[redacted] |
01/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876661 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Final is incomplete | The final [redacted] for XXX does not have the primary address completed on page [redacted] as well as the dec page is not completed. Provide the fully complete signed / initialed [redacted] and attestation on error from lender. | Reviewer Comment (2026-02-13): Attestation on error
provided Buyer Comment (2026-02-13): See attached Reviewer Comment (2026-02-13): Received updated and signed [redacted], however the attestation needs to note why it was not completed initially (attestation on error) and that it was completed by the borrower, XXX Buyer Comment (2026-02-12): Attestation attached Buyer Comment (2026-02-12): PLEASE REVIEW THIS DOCUMENT ONLY Buyer Comment (2026-02-12): Please remove as this is not the correct [redacted] document. Will upload correct one when ready, thanks. Buyer Comment (2026-02-12): See attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876662 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-29): see attached Buyer Comment (2026-01-29): sese attached |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876663 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | Rental income is being used to qualify for the REO on XXXX Street, however the property does not appear to be owned by the borrower's anymore per the fraud report. Reflects deeded to [redacted] with a $[redacted] loan amount on [redacted]. | Reviewer Comment (2026-02-11): Property profile report
provided reflecting borrower is still the current owner and free and clear.
Property profile report supports the transfer on the fraud report, which has
different square footage, is for a different unit under comparables vs. the
borrower's unit. Condo complex. Buyer Comment (2026-02-10): pulled the property profile, still owned free and clear under borrower trust. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876664 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided Buyer Comment (2026-01-29): see attached |
01/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35876665 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | Interest only senior liens are acceptable when qualified at a maximum DTI of [redacted]%. Qualify I/O on fully amortized payment on the remaining term after the I/O period | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-26): See revised exception. DTI
now [redacted]% Buyer Comment (2026-02-10): Please see attached exception documents |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 147 | 35930148 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception provided to allow the use of the I/O payment on the Senior Lien vs. the full amortized payment after the I/O period as required per guidelines. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-26): Client elects to waive with
verified compensation factors |
02/26/2026 | No | 2 | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876667 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-02-13): RCE provided Buyer Comment (2026-02-12): RCE attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876669 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | If the CDA in file was obtained for this transaction, then an attestation to that effect must be provided. | Reviewer Comment (2026-02-05): Client attestation provided
verifying CDA was ordered for this transaction. Requested clearance. Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876670 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-02-04): Ev[redacted] |
02/04/2026 | No | 2 | A | A | A | A | A | A | B | B | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876671 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-04): Ev[redacted] |
02/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876673 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. |
SitusAMC SitusAMC |
Reviewer Comment (2026-02-05): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 148 | 35876674 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-11): Received and associated Tax
Verification and Insurance Verification. Exception cleared. Buyer Comment (2026-02-10): See attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OH | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 149 | 35876675 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-11): Clear FTP provided |
02/11/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 149 | 35876678 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-02-13): Final stamped settlement
statement provided Buyer Comment (2026-02-12): Please see attached. Reviewer Comment (2026-02-11): The same document was provided that was in file at time of review and is an estimate. Provide the final stamped settlement statement. Buyer Comment (2026-02-10): See attached |
02/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 149 | 35876679 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for reduced PPP/early termination fee. Buyer Comment (2026-02-10): Please see attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 149 | 35876680 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | CPA/CTEC/EA must confirm they have prepared the most recent year's business tax return filing. CTEC verifies they audited the business financials and reviewed the working papers and business tax returns. They only prepared the P&L. | Reviewer Comment (2026-02-20): Previous preparer letter
dated [redacted] notes prepared. Updated letter is post close [redacted].
Confirmation email from preparer post close [redacted] states prepared.
Client confirmation provided that [redacted] letter is correct verified by
email from preparer. Age of documents for income is [redacted] days,
therefore [redacted] letter is within this time frame noting prepared. Reviewer Comment (2026-02-20): The confirmation is dated approximately [redacted] months post-close and is not acceptable. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-18): Email from CPA confirming they prepare the returns Buyer Comment (2026-02-18): original CPA letter says prepared Reviewer Comment (2026-02-13): The HELOC guidelines which this loan was reviewed to, page [redacted], under [redacted] P&L only requirements and documentation, bullet point [redacted]: CPA/[redacted]/EA confirms they have prepared the most recent year's business tax return filing. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-11): The XXX guides do not state specifically the [redacted] has to state they prepared the returns.. Please review the verbiage in the second mortgage guides. Reviewer Comment (2026-02-11): The [redacted] letter in file dated [redacted], which is later dated by [redacted], states that they have "reviewed the business tax returns and audited business financial statements and reviewed working papers" It does not state they prepared. This conflicts with the earlier dated [redacted] letter from XXX dated [redacted] which states they "prepared the business returns and audited the business financial statements and reviewed working papers". Clarification from the [redacted] will be required. Buyer Comment (2026-02-10): The CPA letter in the file dated [redacted] reflects that the CPA has prepared the prior [redacted] years business returns for the business used in qualifying. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 149 | 35876681 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Multiple judgements on title. Supplement removes items [redacted]-1[redacted] and R1, however judgment is also reflected under [redacted]. | Reviewer Comment (2026-02-11): Clear FTP provided Buyer Comment (2026-02-10): Final policy only reflects the current first and this new loan. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922762 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-02-02): EV2 Reviewer Comment (2026-01-08): The same documents were provided that were in file at time of review. Securitization requires a full appraisal. Client can elect to waive. Buyer Comment (2026-01-07): see attached |
02/02/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922763 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide updated policy or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-02-19): RCE provided Buyer Comment (2026-02-18): Attached |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922764 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-02-12): Secondary AVM provided Buyer Comment (2026-02-11): see attached Reviewer Comment (2026-01-08): The same documents were provided that were in file at time of review. Securitization requires a secondary valuation product (i.e. additional AVM from a different company, [redacted]E, BPO, second appraisal). A PCI is not a secondary valuation. Buyer Comment (2026-01-07): AVM and PCI attached |
02/12/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922765 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-02-11): Final stamped settlement
statement provided Buyer Comment (2026-02-10): see attached |
02/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922766 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. Note addendum reflects [redacted]%. | Reviewer Comment (2026-02-11): Credit memo provided
allowing for a reduced PPP. Buyer Comment (2026-02-10): Please clear - the fee can be adjusted at [redacted]'s discretion for pricing purposes or for state high cost puposes |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922767 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Client exception for declining income > [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2025-12-22): Client elects to waive with
verified compensation factors |
12/22/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 150 | 35922768 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. | Reviewer Comment (2026-02-06): HOA provided Buyer Comment (2026-02-04): SEE ATTACHED |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922770 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-30): Secondary supported AVM
provided Buyer Comment (2026-01-28): see attached |
01/30/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922771 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-28): Ev[redacted] |
01/28/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922773 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Policy coverage shortfall of $[redacted]. Provide the RCE. | Reviewer Comment (2026-01-30): RCE provided Buyer Comment (2026-01-29): see attached |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922774 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-28): Ev[redacted] |
01/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922775 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | HOEPA points and fees exceed threshold. Prepay included. Lender's compliance report included a lower discount fee. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-20): Per an escalated review, since the correct choices were not initially provided, we need the correct choice letter sent to the borrower today signed and dated with their choice selected. They did note that they can allow a the borrower's response after the cure window expires as they have the email from the lender to borrower that is within the timeframe of [redacted] days of discovery. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-10): Received LOE from borrower regarding choice. However, sill pending receipt of the choice letter to the borrower. As noted previously, the LOE on a verbal is not acceptable as well as the choices are not a refund or to file a claim/compliant. The choices that need to be provided are to accept a refund for the overage or to keep the loan high cost (in which the lender would have to try and cure all open HC/HOEPA conditions/disclosures on the file). Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-02-04): Received copy of check and tracking reflects in transit for mailing. Still pending receipt of choice letter and selection from borrower on choice. The LOE is not acceptable as a verbal is not acceptable. Further, the choices are not a refund or to file a claim/complaint. The choices that needed to be provided were a refund for the overage or to keep the loan high cost (in which the lender would have to try to cure all open HC / HOEPA conditions /disclosures on the file). HOEPA is very specific for cure an all requirements must be met exactly. Buyer Comment (2026-02-03): see attached Reviewer Comment (2026-02-03): Received LOE to borrower and mailing label. Pending receipt of choice letter with choices provided to borrower and borrower decision back. An unexecuted LOE from the borrower for decision is not acceptable nor can one be provided to them stating they need to sign that which is what the LOE from the lender indicates. Also, the LOE from lender did not provide the choices. The choice letter to the borrower needed to give them the option of a refund or to keep the loan high cost in which the lender would need to attempt to cure all [redacted]/[redacted] conditions on the file. Further, need copy of check. In additional, label reflects created. Must reflect, at minimum, in transit. Also rescission was not part of the cure provisions so unclear why rescission was re-opened. Buyer Comment (2026-02-03): see attached - will upload ck once receive Reviewer Comment (2026-01-30): HOEPA can be cured but has very specific requirements in which all must be met. A refund alone cannot just be issued. Please see specific cure provisions noted: Within [redacted] days of discovery, Cure Requirements: [redacted]. Provide a choice letter to the borrower and receive a signed letter from borrower back indicating their choice to either (a) accept refund for the points and fees overage and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; [redacted]. Assuming option (a) is selected, a copy of refund check and proof of mailing; [redacted]. Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922776 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | HOEPA points and fees exceed threshold. Prepay included. Lender's compliance report included a lower discount fee.e. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-20): Per an escalated review, since the correct choices were not initially provided, we need the correct choice letter sent to the borrower today signed and dated with their choice selected. They did note that they can allow a the borrower's response after the cure window expires as they have the email from the lender to borrower that is within the timeframe of [redacted] days of discovery. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-10): Received LOE from borrower regarding choice. However, sill pending receipt of the choice letter to the borrower. As noted previously, the LOE on a verbal is not acceptable as well as the choices are not a refund or to file a claim/compliant. The choices that need to be provided are to accept a refund for the overage or to keep the loan high cost (in which the lender would have to try and cure all open HC/HOEPA conditions/disclosures on the file). Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-02-04): Received copy of check and tracking reflects in transit for mailing. Still pending receipt of choice letter and selection from borrower on choice. The LOE is not acceptable as a verbal is not acceptable. Further, the choices are not a refund or to file a claim/complaint. The choices that needed to be provided were a refund for the overage or to keep the loan high cost (in which the lender would have to try to cure all open HC / HOEPA conditions /disclosures on the file). HOEPA is very specific for cure an all requirements must be met exactly. Buyer Comment (2026-02-03): see attached and advise. Reviewer Comment (2026-02-03): Received LOE to borrower and mailing label. Pending receipt of choice letter with choices provided to borrower and borrower decision back. An unexecuted LOE from the borrower for decision is not acceptable nor can one be provided to them stating they need to sign that which is what the LOE from the lender indicates. Also, the LOE from lender did not provide the choices. The choice letter to the borrower needed to give them the option of a refund or to keep the loan high cost in which the lender would need to attempt to cure all [redacted]/[redacted] conditions on the file. Further, need copy of check. In additional, label reflects created. Must reflect, at minimum, in transit. Also rescission was not part of the cure provisions so unclear why rescission was re-opened. Buyer Comment (2026-02-03): see attached - will upload copy of ck once receive Reviewer Comment (2026-01-30): HOEPA can be cured but has very specific requirements in which all must be met. A refund alone cannot just be issued. Please see specific cure provisions noted: Within [redacted] days of discovery, Cure Requirements: [redacted]. Provide a choice letter to the borrower and receive a signed letter from borrower back indicating their choice to either (a) accept refund for the points and fees overage and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; [redacted]. Assuming option (a) is selected, a copy of refund check and proof of mailing; [redacted]. Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922777 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | HOEPA points and fees exceed threshold. Prepay included. Lender's compliance report included a lower discount fee. | Reviewer Comment (2026-02-23): Lender provided LOE
offering choice, copy of refund check, proof of mailing and borrower signed
choice letter indicating their choice to make the loan not high cost. Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-20): Per an escalated review, since the correct choices were not initially provided, we need the correct choice letter sent to the borrower today signed and dated with their choice selected. They did note that they can allow a the borrower's response after the cure window expires as they have the email from the lender to borrower that is within the timeframe of [redacted] days of discovery. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-10): Received LOE from borrower regarding choice. However, sill pending receipt of the choice letter to the borrower. As noted previously, the LOE on a verbal is not acceptable as well as the choices are not a refund or to file a claim/compliant. The choices that need to be provided are to accept a refund for the overage or to keep the loan high cost (in which the lender would have to try and cure all open HC/HOEPA conditions/disclosures on the file). Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-02-04): Received copy of check and tracking reflects in transit for mailing. Still pending receipt of choice letter and selection from borrower on choice. The LOE is not acceptable as a verbal is not acceptable. Further, the choices are not a refund or to file a claim/complaint. The choices that needed to be provided were a refund for the overage or to keep the loan high cost (in which the lender would have to try to cure all open HC / HOEPA conditions /disclosures on the file). HOEPA is very specific for cure an all requirements must be met exactly. Reviewer Comment (2026-02-03): Received LOE to borrower and mailing label. Pending receipt of choice letter with choices provided to borrower and borrower decision back. An unexecuted LOE from the borrower for decision is not acceptable nor can one be provided to them stating they need to sign that which is what the LOE from the lender indicates. Also, the LOE from lender did not provide the choices. The choice letter to the borrower needed to give them the option of a refund or to keep the loan high cost in which the lender would need to attempt to cure all [redacted]/[redacted] conditions on the file. Further, need copy of check. In additional, label reflects created. Must reflect, at minimum, in transit. Also rescission was not part of the cure provisions so unclear why rescission was re-opened. Buyer Comment (2026-02-03): see attached will upload ck once receive Reviewer Comment (2026-01-30): HOEPA can be cured but has very specific requirements in which all must be met. A refund alone cannot just be issued. Please see specific cure provisions noted: Within [redacted] days of discovery, Cure Requirements: [redacted]. Provide a choice letter to the borrower and receive a signed letter from borrower back indicating their choice to either (a) accept refund for the points and fees overage and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; [redacted]. Assuming option (a) is selected, a copy of refund check and proof of mailing; [redacted]. Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. |
02/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922778 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | HOEPA points and fees exceed threshold. Prepay included. Lender's compliance report included a lower discount fee. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-20): Per an escalated review, since the correct choices were not initially provided, we need the correct choice letter sent to the borrower today signed and dated with their choice selected. They did note that they can allow a the borrower's response after the cure window expires as they have the email from the lender to borrower that is within the timeframe of [redacted] days of discovery. Reviewer Comment (2026-02-10): Received LOE from borrower regarding choice. However, sill pending receipt of the choice letter to the borrower. As noted previously, the LOE on a verbal is not acceptable as well as the choices are not a refund or to file a claim/compliant. The choices that need to be provided are to accept a refund for the overage or to keep the loan high cost (in which the lender would have to try and cure all open HC/HOEPA conditions/disclosures on the file). Buyer Comment (2026-02-09): see attached Reviewer Comment (2026-02-04): Received copy of check and tracking reflects in transit for mailing. Still pending receipt of choice letter and selection from borrower on choice. The LOE is not acceptable as a verbal is not acceptable. Further, the choices are not a refund or to file a claim/complaint. The choices that needed to be provided were a refund for the overage or to keep the loan high cost (in which the lender would have to try to cure all open HC / HOEPA conditions /disclosures on the file). HOEPA is very specific for cure an all requirements must be met exactly. Reviewer Comment (2026-02-03): Received LOE to borrower and mailing label. Pending receipt of choice letter with choices provided to borrower and borrower decision back. An unexecuted LOE from the borrower for decision is not acceptable nor can one be provided to them stating they need to sign that which is what the LOE from the lender indicates. Also, the LOE from lender did not provide the choices. The choice letter to the borrower needed to give them the option of a refund or to keep the loan high cost in which the lender would need to attempt to cure all [redacted]/[redacted] conditions on the file. Further, need copy of check. In additional, label reflects created. Must reflect, at minimum, in transit. Also rescission was not part of the cure provisions so unclear why rescission was re-opened. Buyer Comment (2026-02-03): see attached - will upload ck when receive Reviewer Comment (2026-01-30): HOEPA can be cured but has very specific requirements in which all must be met. A refund alone cannot just be issued. Please see specific cure provisions noted: Within [redacted] days of discovery, Cure Requirements: [redacted]. Provide a choice letter to the borrower and receive a signed letter from borrower back indicating their choice to either (a) accept refund for the points and fees overage and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; [redacted]. Assuming option (a) is selected, a copy of refund check and proof of mailing; [redacted]. Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. Buyer Comment (2026-01-29): Please advise if we can cure the overage back to the borrower so the fees are reduced below the allotted amount. (Refund the $[redacted]) which should allow us to pass.? |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922780 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-28): see attached |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922781 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Verification of SE within [redacted] days of closing not provided. The [redacted] does not have a pull date and all other documents > [redacted] days old. | Reviewer Comment (2026-01-30): Dated third party
verification provided within [redacted] days of closing Buyer Comment (2026-01-28): see attached |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922782 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | AVM and PCI from XXX: City [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-19): Client elects to waive with
verified compensation factors |
02/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922783 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | City [redacted] | Reviewer Comment (2026-02-13): Updated HOI provided Buyer Comment (2026-02-13): see attached Reviewer Comment (2026-02-03): The same HOI was provided that was in file at time of review. Please review original condition. City [redacted] Buyer Comment (2026-02-03): see attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922784 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | AVM provided post review from XXX: City [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-19): Client elects to waive with
verified compensation factors |
02/19/2026 | No | 2 | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922785 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. |
02/23/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922786 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. |
02/23/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 151 | 35922787 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-02-23): High cost fee overage was
cured. |
02/23/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922791 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-03): Tax cert provided Buyer Comment (2026-02-02): see attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922793 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-03): FTP provided |
02/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922794 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-02): EV2 |
02/02/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922795 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate Settlement Statement only in file. | Reviewer Comment (2026-02-05): Final stamped settlement
statement provided Buyer Comment (2026-02-04): see attached Reviewer Comment (2026-02-03): Cleared in error. The closing statement provided is not for the subject property Buyer Comment (2026-02-02): see attached |
02/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922796 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. [redacted] mortgages on title and neither paid through closing as well as taxes are delinquent as of [redacted]. | Reviewer Comment (2026-02-03): Clear FTP provided along
with [redacted]st installment of taxes reflecting paid. Buyer Comment (2026-02-02): see attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922797 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | City [redacted] | Reviewer Comment (2026-02-05): Flood Cert provided Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922798 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal and CDA: City [redacted] | Reviewer Comment (2026-02-17): Updated CDA provided Buyer Comment (2026-02-17): Updated CDA attached Reviewer Comment (2026-02-05): Received corrected appraisal. Pending receipt of corrected CDA. Buyer Comment (2026-02-04): See attached |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922799 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | City [redacted] | Reviewer Comment (2026-02-23): Agent email provided
regarding no claims Buyer Comment (2026-02-20): Attached, thanks Reviewer Comment (2026-02-20): City [redacted] Buyer Comment (2026-02-19): Attached |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 152 | 35922800 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Loan Origination fee on Final Closing Statement provided post review is $[redacted] and HELOC agreement is $[redacted] | Reviewer Comment (2026-02-11): Corrected stamped
settlement statement provided updating fee. Condition no longer applies. Buyer Comment (2026-02-10): see attached |
02/11/2026 | No | 1 | A | A | A | A | A | CA | Second Home | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 153 | 35922804 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Lender attesation provided
stating CDA was provided for this transaction. Buyer Comment (2026-02-10): see attached Reviewer Comment (2026-02-05): The AVM provided is post close. Provide the attestation if the CDA provided was obtained for the current lien transaction as it is a higher tiered product. Buyer Comment (2026-02-04): see attached |
02/11/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 153 | 35922805 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-02-04): Ev[redacted] |
02/04/2026 | No | 2 | A | A | A | A | A | A | B | B | NJ | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 153 | 35922807 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-20): Initial application signed
and dated by the LO and borrower provided updating application date to
[redacted] which matches fraud report as well. Buyer Comment (2026-02-19): see attached Reviewer Comment (2026-02-19): Document provided reflects mailed on [redacted], however application date is [redacted] Buyer Comment (2026-02-19): see attached- disclosures were mailed. Reviewer Comment (2026-02-11): The e-tracking provided reflects the only borrower on the loan did not consent to receive electronic disclosures until [redacted]. A borrower cannot receive electronic disclosures prior to consent. A non-borrower consented on [redacted]. Application date is [redacted]. Buyer Comment (2026-02-10): see attached |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 153 | 35922808 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Evidence of earlier receipt not provided | Reviewer Comment (2026-02-20): Initial application signed
and dated by the LO and borrower provided updating application date to
[redacted] which matches fraud report as well. Reviewer Comment (2026-02-19): Document provided reflects mailed on [redacted], however application date is [redacted] Buyer Comment (2026-02-19): see attached Reviewer Comment (2026-02-11): E-tracking does not reflect this disclosure was sent, however the e-tracking provided reflects the only borrower on the loan did not consent to receive electronic disclosures until [redacted]. A borrower cannot receive electronic disclosures prior to consent. A non-borrower consented on [redacted]. Application date is [redacted]. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 154 | 35922810 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Rider - Prepayment not provided | DOT included rider | Reviewer Comment (2026-02-25): LOE to borrower and mailing
label provided reflecting in transit. Buyer Comment (2026-02-24): Attached Reviewer Comment (2026-02-18): Recorded DOT provided removing PPP. Pending receipt of LOE to borrower and evidence of delivery to borrower to clear. Buyer Comment (2026-02-18): Please see attached |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 154 | 35922811 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide the Final CD / First Payment letter for the new purchase. Purchase contract reflects finance contingencies. | Reviewer Comment (2026-02-11): Received and associated
Final CD. Exception cleared. Buyer Comment (2026-02-09): Attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 155 | 35922815 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The disbursement schedule reflects a disbursement date of [redacted] which is the same as the RTC expiration date. Final stamped settlement statement was not provided. | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided updating disbursement date. Rescission met. |
01/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 155 | 35922816 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-01-30): Final stamped settlement
statement provided Buyer Comment (2026-01-28): Please see the attached Final ALTA Settlement Statement |
01/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 155 | 35922817 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-28): Please see the attached exception form |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 155 | 35922818 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Provide the deed transferring the property to the borrower only. Must be dated at or prior to closing. | Reviewer Comment (2026-01-30): Recorded deed provided Buyer Comment (2026-01-28): Please see the attached Quit Claim Deed |
01/30/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 155 | 35922819 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-19): Updated final stamped HUD
provided with fee names matching HELOC agreement Buyer Comment (2026-02-19): Attached |
02/19/2026 | No | 1 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 156 | 35922822 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Broker Fee (YSP)) | Reviewer Comment (2026-02-23): Corrected final stamped
settlement provided printed later with correct fees charged. Condition no
longer applies. Buyer Comment (2026-02-23): Please see the Final HUD Reviewer Comment (2026-02-23): The Final stamped HUD was provided but now reflects the Broker Fee of $[redacted] paid by the borrower and $[redacted] paid by the lender. The $[redacted] paid by borrower was not disclosed on the HELOC agreement. Reviewer Comment (2026-02-23): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) Buyer Comment (2026-02-20): Please see the attached. It is the email from the Title office. Buyer Comment (2026-02-20): Please see the attached and updated Final HUD |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 156 | 35922823 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-23): Corrected final stamped
settlement statement provided |
02/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 156 | 35922825 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has verified disposable income of at least
$[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-23): Credit memo provided
allowing for a reduced PPP Buyer Comment (2026-01-28): Please see the attached exception form |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 157 | 35922828 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Buyer Comment (2026-01-29): elects to waive |
01/29/2026 | No | 1 | B | B | B | B | B | B | B | B | B | B | CO | Second Home | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 157 | 35922829 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Broker Fee (YSP), Document Preparation Fee, Underwriting Fee) | Reviewer Comment (2026-02-23): Corrected final stamped
settlement statement with later print date provided. Buyer Comment (2026-02-20): Attached revision, thanks. Reviewer Comment (2026-02-13): The final stamped settlement statement was provided removing the origination fee, however added a broker fee paid by the borrower which was also paid by the lender. If this incorrect, provide the corrected final stamped settlement statement. Reviewer Comment (2026-02-13): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) Buyer Comment (2026-02-13): Attached Reviewer Comment (2026-02-11): The same document was provided that was in file at time of review. There is a loan origination fee of $[redacted] charged to the borrower on the settlement statement that was not on the HELOC agreement and is causing an underdisclosure. Buyer Comment (2026-02-10): Settlement Statement attached |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Second Home | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 157 | 35922830 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-29): elects to waive |
01/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CO | Second Home | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 157 | 35922831 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for reduced PPP/early termination fee. Buyer Comment (2026-02-10): OFC can adjust the termination fee for pricing or compliance. This is not a requirement to keep where initially disclosed. Please clear. |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Second Home | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 157 | 35922832 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Gap Report reflects XXX mortgage #[redacted] reflects loan was modified. Provide the modification agreement. Must meet guideline requirements. | Reviewer Comment (2026-02-11): Per client confirmation,
mod agreements are only required if there are late payments. Buyer Comment (2026-02-10): This is only required if the loan is in active deferment, or there is a deferred balance and/or delinquencies present and there do not appear to be any of those present per credit history and the mortgage statement provided. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Second Home | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 35922856 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-07): Client elects to waive Buyer Comment (2026-01-06): elects to waive |
01/07/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 35922857 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-07): Supported secondary AVM
provided Buyer Comment (2026-01-06): see attached |
01/07/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 35922860 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-03-24): RCE provided |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 35922862 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% on HELOC agreement. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-07): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-06): see attached |
01/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 35922863 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final HUD/CD/Settlement Statement. Fees to be entered in and compared to HELOC agreement upon receipt. | Reviewer Comment (2026-03-24): Final signed settlement
statement provided |
03/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 158 | 36132420 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-24): Client elects to waive |
03/24/2026 | No | 2 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922864 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-02-10): Corrected stamped closing
statement provided removing fee. Condition no longer applies. Buyer Comment (2026-02-10): Attached Reviewer Comment (2026-02-03): The HELOC agreement provided does not address this condition nor any other on the file. Buyer Comment (2026-02-03): Uploaded documents for all conditions Buyer Comment (2026-02-03): See attached which addresses all issues |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922865 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-05): Ev[redacted] |
02/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922869 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-02-10): Earlier dated disclosure
provided Buyer Comment (2026-02-09): Please reference page [redacted] and forward to document this was provided at application. Reviewer Comment (2026-02-06): The bottom of the HELOC brochure just says [redacted]. An e-tracking summary was not provided to indicate when disclosures were sent or what was included. Buyer Comment (2026-02-05): Look at the bottom of the initial disclosures. It was sent with the rest of the docs Reviewer Comment (2026-02-04): The HELOC brochure provided was in file at time of review and is not dated. The Important Terms Disclosure notes on the signature page that the brochure was provided / received however it is not dated timely. Must be within [redacted] days of application. Buyer Comment (2026-02-03): Brochure uploaded. Was in the initial packet |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922870 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-02-10): Earlier dated disclosure
provided Buyer Comment (2026-02-09): Please see attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922871 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for reduced PPP/early termination fee. Buyer Comment (2026-02-10): Please see attachment Reviewer Comment (2026-02-10): Please review comments from [redacted] and [redacted]: The HELOC Agreement provided was not the one in file at time of review. Both are dated [redacted] and signed by the borrower at closing. One reflects [redacted]% (provided in trailing docs) and the other reflects [redacted]% (provided at time of review). Provide evidence of which was provided last as well as LOE to borrower and evidence of delivery to the borrower as to which PPP is correct. Buyer Comment (2026-02-09): Please see attached revised HELOC agreement with [redacted]% disclosed Reviewer Comment (2026-02-06): As noted on [redacted], the HELOC Agreement provided was not the one in file at time of review. Both are dated [redacted] and signed by the borrower at closing. One reflects [redacted]% (provided in trailing docs) and the other reflects [redacted]% (provided at time of review). Provide evidence of which was provided last as well as LOE to borrower and evidence of delivery to the borrower as to which PPP is correct. Buyer Comment (2026-02-05): the HELOC agreement uploaded was in the final docs provided and signed at closing. No LOE should be required. Please clear Reviewer Comment (2026-02-04): The HELOC Agreement provided was not the one in file at time of review. Both are dated [redacted] and signed by the borrower. One reflects [redacted]% (provided in trailing docs) and the other reflects [redacted]%. Provide evidence of which was provided last as well as LOE to borrower and evidence of delivery to the borrower as to which PPP is correct. Buyer Comment (2026-02-03): Attached reflects [redacted]%? |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922872 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Buyer Comment (2026-02-20): Attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Buyer Comment (2026-02-13): just confirming when they show in transit this will clear, correct? Was a little confused by the message Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Buyer Comment (2026-02-13): Please see attached Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922873 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922874 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 2 | B | B | B | B | B | AZ | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922875 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922876 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922877 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922878 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 159 | 35922879 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | HELOC agreement provided post review from Lender noting [redacted]% PPP/early termination fee is correct vs. [redacted]%. Re-testing results in HOEPA violations. | Reviewer Comment (2026-03-04): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-02-24): Per an escalated review: There should be only one Note on a loan, so the lender should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Buyer Comment (2026-02-20): see attached Reviewer Comment (2026-02-16): Tracking now reflects delivered, however as noted on [redacted], if changing the PPP, a modification or addendum to the HELOC agreement that removes the PPP feature (early termination fee) or changes the PPP terms to not exceed HOEPA thresholds needs to be provided. An unexecuted HELOC agreement is not acceptable. Reviewer Comment (2026-02-13): LOE to borrower, mailing label and unexecuted HELOC agreement provided reflecting [redacted]%. Tracking reflects label created and must reflect a minimum in transit. Per the escalated review, if changing the PPP, a a modification or addendum to the HELOC Agreement that removes the prepay feature (early termination fee) or changes the prepayment terms to not exceed HOEPA thresholds needs to be provided to consider regarding. An unexecuted HELOC agreement is not acceptable. Deadline [redacted] Reviewer Comment (2026-02-12): The borrower executed both HELOC agreements, both signed and dated at closing, one with [redacted]% and one with [redacted]% PPP. [redacted] confirmed that [redacted]% was correct. It cannot be changed to the lower to clear out the conditions. Buyer Comment (2026-02-11): Please use the [redacted]% that went out in the HELOC agreement |
03/04/2026 | No | 1 | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 160 | 35922893 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-13): elects to waive Reviewer Comment (2026-01-08): The document provide was already in file at time of review. The fees on the agreement do not match the fees on the final closing statement. Client can elect to waive. Buyer Comment (2026-01-08): see attached |
01/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 160 | 35922895 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires a full appraisal | Buyer Comment (2026-01-30): elects to waive Reviewer Comment (2026-01-13): AVM does not clear this condition. As noted in original condition, securitization requires a full appraisal. Client can elect to waive as an EV2/B. Buyer Comment (2026-01-13): see attached |
01/30/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 160 | 35922896 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Securitization requires a secondary valuation | Reviewer Comment (2026-01-13): Additional AVM provided Buyer Comment (2026-01-13): see attached |
01/13/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 160 | 35922899 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-13): Exception attached Reviewer Comment (2026-01-08): The attached does not clear this condition. The guidelines require [redacted]% when a PPP is listed. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-08): see attached |
01/13/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 161 | 35922900 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-28): elects to waive |
01/28/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 161 | 35922901 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-02-10): Secondary AVM provided Buyer Comment (2026-02-09): Secondary valuation provided to support value |
02/10/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 161 | 35922905 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-10): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-09): OFC can adjust the termination fee for pricing or compliance. This is not a requirement to keep where initially disclosed. Please waive. |
02/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 161 | 35922906 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-02-10): Final stamped settlement
statement provided Buyer Comment (2026-02-09): Attached |
02/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 161 | 35922907 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-04): Client elects to waive Reviewer Comment (2026-02-24): Please note, [redacted] can compare the HUD and HELOC agreement in the documents or request management send a screen shot. See mismatches: HELOC Agreement: Title Courier/Messenger: $[redacted], Title Endorsement $[redacted], Wire $[redacted], Subordination Fee $[redacted] total, Deed Recording $[redacted], Mortgage Recording $[redacted]. Settlement Statement: Title Courier $[redacted], Tile Endorsement $[redacted], Wire $[redacted], Subordination $[redacted], Deed Recording $[redacted], Mortgage Recording $[redacted] Buyer Comment (2026-02-24): Please advise which fees for the discrepancies Reviewer Comment (2026-02-24): The same document was provided that was in file at time of review. The fees on the settlement statement do not match the HELOC agreement. Client can elect to waive as an EV2/B. Buyer Comment (2026-02-24): see attached Buyer Comment (2026-02-24): Attached Reviewer Comment (2026-02-10): The same document was provided that was in file at time of review. The fees on the settlement statement do not match the HELOC agreement. Client can elect to waive as an EV2/B. Buyer Comment (2026-02-10): Please see the attachment Reviewer Comment (2026-02-10): Final settlement statement provided post-review. |
03/04/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922908 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | RCE not provided | Reviewer Comment (2026-02-10): RCE provided by actual
insurer. Coverage requirements now met. Buyer Comment (2026-02-10): Please see revised RCE for the subject with the correct insurance provider Reviewer Comment (2026-01-10): RCE was provided, however coverage is still short by $[redacted]. Dwelling coverage $[redacted]. RCE $[redacted]. Buyer Comment (2026-01-09): RCE attached |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922911 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | The file is missing a copy of the secondary valuation required for securitization purposes. | Reviewer Comment (2026-01-10): Secondary supported AVM
provided Buyer Comment (2026-01-09): see attached |
01/10/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922912 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing a copy of the secondary valuation required for securitization purposes. | Buyer Comment (2026-01-09): elects to waive |
01/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922913 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (HOA Doc Reimbursement) | Reviewer Comment (2026-03-05): Per an escalated review via
CHD, payee is able to be updated to third party based on invoice provided.
After update, condition no longer applies. Reviewer Comment (2026-03-05): Received LOE to borrower, mailing label, and copy of check. The mailing label just states label created and must reflect at minimum in transit. Further, part of the cure provisions is re-opening rescission which was not provided. Finally, the cure for this exception expired on [redacted], therefore condition is incurable. Reviewer Comment (2026-02-24): Received corrected final stamped settlement statement with payee as the borrower to broker. However, condition still remains for the under-disclosure. Cure provisions: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission. Buyer Comment (2026-02-24): Uploaded settlement statement showing the POC Fee paid by the borrower. Reviewer Comment (2026-02-24): Email to Client: This condition cannot be waived with or without with verified compensation factors. Since this fee was paid by the Borrower to the Broker and was not disclosed on the HELOC Agreement, then this results in an under-disclosure of finance charges. There are cure provisions for this condition which are: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission. Reviewer Comment (2026-02-13): The same settlement statement was provided on [redacted] that was previously provided. Please see comments on [redacted]: The Final Settlement Statement was provided updating the fee from Appraisal to HOA Doc Reimbursement and paid by but paid by lender or borrower was not provided. Fee was paid to the broker by paid by was not completed. Buyer Comment (2026-02-13): Final Settlement Statement Updated Reviewer Comment (2026-02-13): The Final Settlement Statement was provided updating the fee from Appraisal to HOA Doc Reimbursement and paid by but paid by lender or borrower was not provided. Fee was paid to the broker. Reviewer Comment (2026-02-13): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Appraisal Fee) Buyer Comment (2026-02-13): See attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922914 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-09): elects to waive |
01/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922916 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC addendum reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-09): exception attached |
01/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 162 | 35922917 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-01-10): Final stamped settlement
statement provided Buyer Comment (2026-01-09): Final HUD attached |
01/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922918 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-02-11): Corrected final stamped
settlement statement provided updating loan origination fee. Condition no
longer applies. Buyer Comment (2026-02-10): See attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922919 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-04): Ev[redacted] |
02/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922921 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-02-05): Tax cert provided Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922923 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-14): FTP provided Buyer Comment (2026-01-14): FTP attached |
01/14/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922924 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-01-14): FTP provided |
01/14/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922925 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Provide the RCE. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-02): Client elects to waive with
verified compensation factors Reviewer Comment (2026-02-19): RCE provided reflects $[redacted]. Dwelling coverage at time of closing is $[redacted]. Borrower did not have sufficient coverage at time of closing. Buyer Comment (2026-02-19): Attached Reviewer Comment (2026-02-13): The policy provided is post close and not acceptable as well replacement cost being checked only means it is a replacement cost policy. We do not know the replacement cost estimate. The policy in file at time of review and active at time of closing has a coverage of $[redacted] which is short by $[redacted]. An RCE is required or client can elect to waive with verified compensation factors. Buyer Comment (2026-02-12): Page [redacted] shows the replacement cost coverage box checked - they do not issue an RCE. Thank you. |
03/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922926 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-04): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-04): see attached |
02/04/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922927 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | City [redacted] | Reviewer Comment (2026-01-14): Updated FTP provided Buyer Comment (2026-01-14): FTP attached |
01/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922928 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The final settlement statement is not stamped certified. | Reviewer Comment (2026-02-05): Final stamped settlement
statement provided Buyer Comment (2026-02-04): see attached |
02/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 163 | 35922929 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence [redacted]st installment of taxes are paid as they are now delinquent. | Reviewer Comment (2026-01-14): FTP provided reflecting
paid |
01/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 164 | 35922932 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-02-03): FTP provided |
02/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 164 | 35922933 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement only in file | Reviewer Comment (2026-02-03): Final stamped settlement
statement provided Buyer Comment (2026-02-03): see attached |
02/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 164 | 35922934 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-03): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-03): see attached |
02/03/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 164 | 35922935 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. [redacted] notice of liens on title and only [redacted] paid through closing. | Reviewer Comment (2026-02-03): Clear FTP provided Buyer Comment (2026-02-03): see attached |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 164 | 35922936 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-09): Ev[redacted] |
02/09/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 165 | 35922939 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-28): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-27): see attached |
01/28/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 165 | 35922941 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-01-28): Final stamped settlement
statement provided Buyer Comment (2026-01-27): Please see the attached Final Settlement Statement |
01/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 165 | 35922942 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-04): Client elects to waive Reviewer Comment (2026-02-24): The same HELOC agreement was provided that was in file at time of review. Fees on HELOC agreement do not match final settlement statement fees. This is an EV2 that can be waived as-is. Buyer Comment (2026-02-24): Attached |
03/04/2026 | No | 2 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 166 | 35922943 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-02-12): Final stamped settlement
statement provided Buyer Comment (2026-02-11): Attached Reviewer Comment (2026-02-11): The same document was provided that was in file at time of review. The document is an estimate. Provide the final stamped settlement statement. Buyer Comment (2026-02-10): Attached |
02/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 166 | 35922944 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Policy coverage shortfall of $[redacted]. Provide the RCE. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-06): Client elects to waive with
verified compensation factors Reviewer Comment (2026-02-12): The LOE is not acceptable. ACV covers the cost to repair or replace property minus depreciation for age and wear, often resulting in lower payouts. RCV covers the full cost to replace or repair items with new materials of similar quality, without deducting depreciation. ACV represents current value; RCV represents replacement price. The RCE must be provided to ensure adequete coverage was obtained. Buyer Comment (2026-02-11): Attached |
03/06/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Investment | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 166 | 35922947 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Client exception in file. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-12): Client elects to waive with
verified compensation factors |
01/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | AZ | Investment | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 166 | 35922948 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Third party verification of SE is not dated within [redacted] days of closing for both businesses used to qualify. Documents in file are > [redacted] days old or do not have a pull date. | Reviewer Comment (2026-02-20): Received and associated
Third Party Verification for [redacted]
and [redacted] . Exception cleared. Buyer Comment (2026-02-18): Please see attachments |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 166 | 35922949 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Reflects Units [redacted]-[redacted] vs. all other documents which do not. | Reviewer Comment (2026-02-12): Updated HOI provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 167 | 35922950 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-02-04): elects to waive Reviewer Comment (2026-01-30): An additional AVM does not clear this condition. Securitzaition requires a full appraisal. Client can elect to waive as-is as an EV2/B. Buyer Comment (2026-01-29): Re-uploading the attached. According to the appraisal team, the AVM was used on this file. |
02/04/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 167 | 35922951 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-30): Additional supported AVM
provided Buyer Comment (2026-01-29): Please see the attached [redacted]nd AVM |
01/30/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 167 | 35922955 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Buyer Comment (2026-01-28): EV [redacted] |
01/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 167 | 35922956 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-28): Please see the attached exception form |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 167 | 35922957 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-28): EV [redacted] |
01/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 168 | 35949267 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Concurrent closing. Provide the first payment letter to verify the new lien amount. | Reviewer Comment (2025-12-23): First payment letter
provided verifying payment Buyer Comment (2025-12-22): see closing docs attached Reviewer Comment (2025-12-22): The same document was provided that was in file at time of review and is for the first line. Concurrent closing. Provide the first payment letter to verify the new lien amount for the new second lien. Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 168 | 35949269 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Documentation not provided / lender attestation not provided verifying condo is warrantable. Per [redacted] guidelines, non-warrantable condos are ineligible. | Reviewer Comment (2025-12-23): Lender attestation stating
condo is warrantable. Buyer Comment (2025-12-22): see attached- these have always been acceptable Reviewer Comment (2025-12-22): The document provided is not acceptable. Provide an attestation confirming if condo is warrantable or not. Buyer Comment (2025-12-22): see attached |
12/23/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 168 | 35949270 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Provide the RCE. | Reviewer Comment (2026-02-05): Blanket policy provided Buyer Comment (2026-02-03): This is a condo with [redacted] units or less so does not require a full condo review. However, attached is the building coverage from the borrower. The loan should not require full dwelling coverage given it is only one of the units. What has been provided should suffice. |
02/05/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 168 | 35949271 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-13): see attached Reviewer Comment (2026-01-09): There was no direction to use any other guidelines outside of the [redacted] guidelines which conflict with the other guidelines provided which requires the HOA questionnaire. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-09): these guidelines are to be used in conjunction with the HELOC -HOA questionaire is not required Reviewer Comment (2025-12-23): The attached guideline verbiage is not in the [redacted] guidelines provided for review. Buyer Comment (2025-12-22): see attached guidelines Reviewer Comment (2025-12-22): The documentation is not acceptable. The guidelines require an HOA questionnaire for all types of condos projects. Buyer Comment (2025-12-22): see attached |
01/13/2026 | No | 2 | B | B | B | B | B | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 168 | 35949272 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Blanket policy provided does not reflect the mortgagee + ISAOA. Guidelines state to follow [redacted] guidelines for mortgagee clause which require this. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-17): Updated HOA provided.
Client accepting post-close. Requested clearance. Buyer Comment (2026-02-15): Please review and clear. |
02/17/2026 | No | 1 | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949273 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-01-28): Ev[redacted] Reviewer Comment (2026-01-22): As noted on [redacted], A full appraisal is required for securitization. What securitization requires and guidelines require are different. [redacted] upper management is aware of this as it has been discussed with them. Client can elect to waive as an EV2/B. Buyer Comment (2026-01-22): This is a HELOC and we have provided you what our guidelines require. Please review and condition accordingly. Reviewer Comment (2026-01-20): The same AVM and PCI was provided that was in file at time of review. A full appraisal is required for securitization. Client can elect to waive as an EV2/B. Buyer Comment (2026-01-20): UPLOADED BOTH PCI AND AVM |
01/28/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949274 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: [redacted] | Reviewer Comment (2026-01-30): Additional AVM product
provided with supported value Buyer Comment (2026-01-28): see attached Reviewer Comment (2026-01-22): As noted on [redacted], A PCI is not a secondary valuation. A secondary valuation is required for securitization. What securitization requires and the guidelines require are different. [redacted] upper management is aware of this as it has been discussed wit them. Buyer Comment (2026-01-22): The loan is written per [redacted] UW guidelines, please review the appraisal products provided. Reviewer Comment (2026-01-20): The same AVM and PCI was provided that was in file at time of review. A PCI is not a secondary valuation. A secondary valuation is required for securitization. Buyer Comment (2026-01-20): AVM Buyer Comment (2026-01-20): AVM and PCI |
01/30/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949276 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-20): FTP provided |
01/20/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949277 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-28): Ev[redacted] |
01/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949279 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Documentation not provided / lender attestation not provided verifying condo is warrantable. Per [redacted] guidelines, non-warrantable condos are ineligible. | Reviewer Comment (2026-01-23): [redacted] provided with
comments the UW at lender determined condo is warrantable. Buyer Comment (2026-01-22): [redacted] stating condo is warrantable Buyer Comment (2026-01-22): Condo Questionnaire uploaded again. Please condition for the exact requirement. Buyer Comment (2026-01-22): See attached Reviewer Comment (2026-01-20): The same condo questionnaire was provided that was in file at time of review. A lender attestation is required confirming if condo is warrantable. Buyer Comment (2026-01-20): CONDO QUESTIONAIRRE |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949280 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. | Reviewer Comment (2026-01-23): HOA dues provided Buyer Comment (2026-01-22): HOA - MATCHED ADDRESS Buyer Comment (2026-01-22): Please note, the address matches on this document Reviewer Comment (2026-01-20): The lender utilized $[redacted]/month to qualify. The document provided is an ACH from [redacted] to the HOA for $[redacted]. Lender to provide documentation to support $[redacted]/month used to qualify. Buyer Comment (2026-01-20): HOA |
01/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949281 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-02-04): Final stamped settlement
statement provided Buyer Comment (2026-02-03): TRUE and CERT Settlement |
02/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949282 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-20): FTP provided Buyer Comment (2026-01-20): Final Title |
01/20/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949283 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-02-04): Etracking provided
reflecting earlier delivery Buyer Comment (2026-02-04): Page [redacted]-[redacted] |
02/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949284 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-02-11): Earlier dated disclosure
provided Buyer Comment (2026-02-10): Please see attached Reviewer Comment (2026-02-05): This is not a duplicate entry. As noted on [redacted], the Etracking provided does not reflect this disclosure was sent to the borrower (Important Term Disclosure) and disclosure in file is dated > [redacted] days from application. Buyer Comment (2026-02-05): Duplicate Entry Reviewer Comment (2026-02-05): As noted on [redacted], the Etracking provided does not reflect this disclosure was sent to the borrower (Important Term Disclosure) and disclosure in file is dated > [redacted] days from application. Buyer Comment (2026-02-04): Attached shows going out on [redacted] which was the application date. Reviewer Comment (2026-02-04): Etracking provided does not reflect this disclosure was sent and disclosure in file is dated > [redacted] days from application. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 169 | 35949285 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. [redacted]% noted on HELOC agreement and PPP addendum. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly mortgage payment has decreased by at least [redacted]%. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-20): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-20): Exception for the [redacted]% HELOC FEE |
01/20/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 170 | 35989646 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Loan closed [redacted]. Transaction date on RTC's is [redacted]. Expiration date is [redacted]. [redacted] days rescission not provided. Please note, even though the disbursement date is [redacted], the dates on the RTC must be correct. Rescission must be re-opened for both borrower and non-borrower. | Reviewer Comment (2026-03-19): Letter of Explanation,
Proof of Delivery, and Re-open Rescission provided Reviewer Comment (2026-03-15): Received new RTC forms re-opening rescission again, LOE to borrower and evidence of delivery to the borrower. Condition cannot be cured until after the new rescission period on the RTC expires which is [redacted] at midnight. Reviewer Comment (2026-03-04): RTC forms uploaded with an expiration date of [redacted]. Per the tracking, delivered on [redacted]. A new [redacted] day rescission period was not provided. Rescission needs to be re-opened. Buyer Comment (2026-03-04): uploaded incorrect docs- see attached - (went out in mail) Buyer Comment (2026-03-04): see attached Reviewer Comment (2026-02-06): The same forms were provided that were provided on [redacted]: The dates were changed on the RTC's already provided as well as the non-borrower RTC is not dated for the signature to evidence when received. Rescission needs to be re-opened for both. Buyer Comment (2026-02-06): Please see attached Reviewer Comment (2026-02-04): The dates were changed on the RTC's already provided as well as the non-borrower RTC is not dated for the signature to evidence when received. Rescission needs to be re-opened for both. Buyer Comment (2026-02-03): see attached |
03/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CT | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 171 | 36190760 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-01-27): Client attestation provided
that CDA was obtained for this transaction. Requested clearance. Buyer Comment (2026-01-26): Please see the attached Underwriting Cert Buyer Comment (2026-01-26): Please see the attached CDA |
01/27/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 171 | 36190763 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender Exception for loan amount under $[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-13): Client elects to waive with
verified compensation factors |
01/13/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 171 | 36190764 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-26): EV [redacted] |
01/26/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 171 | 36190766 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Provide the recent mortgage statement for the senior lien per guidelines. | Reviewer Comment (2026-02-06): Mortgage statement
provided Buyer Comment (2026-02-06): Please see the attached mortgage statement for the [redacted]st mortgage Reviewer Comment (2026-01-27): The lien was taken out on [redacted]. A transfer letter is not acceptable as the guidelines require a recent mortgage statement. If one cannot be obtained, client will need to consider waiving with verified compensation factors. Buyer Comment (2026-01-26): Please see the attached. The borrower did not receive the mortgage statement as of the closing date. This was just transferred. |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 171 | 36190767 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | RCE in file is > [redacted] year old. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-19): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-19): Please see the attached exception form and please clear Reviewer Comment (2026-02-19): The policy is dated [redacted] months post close and is not acceptable. The borrower needed sufficient coverage at time of closing. Buyer Comment (2026-02-19): Please see the updated HOI and please clear as soon as you can. Reviewer Comment (2026-02-10): The same HOI policy that was in file at time of review was provided. The total coverage with ext replacement is $[redacted]. The estimated cost new is not on the appraisal and RCE in file is > [redacted] year old. The coverage is short by $[redacted]. Buyer Comment (2026-02-10): Please see the attached HOI with the Extended RCE as listed on Page [redacted]. |
02/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | WA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 172 | 36190768 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2026-02-11): Received and associated
Security Instrument - Subject Lien. Exception cleared. Buyer Comment (2026-02-10): Please see attached |
02/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | PA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 172 | 36190771 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Reviewer Comment (2026-02-18): Updated final stamped
settlement statement provided updating fees Buyer Comment (2026-02-17): See attached Reviewer Comment (2026-02-11): The same HUD was provided that was in file at time of review. The HUD reflects a loan origination fee charged to the borrower for $[redacted] that is not on the HELOC agreement resulting in an underdisclosure. Buyer Comment (2026-02-10): See attached |
02/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 172 | 36190772 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-29): elects to waive |
01/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 172 | 36190774 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | CDA: [redacted] was made part of the main address vs. the City. | Reviewer Comment (2026-02-13): Corrected CDA provided Buyer Comment (2026-02-13): Attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 172 | 36190775 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The final HUD provided post review reflects a disbursement date of [redacted], however RTC expiration date is [redacted]. | Reviewer Comment (2026-03-04): Stamped certified HUD
provided with updated disbursement date. Rescission met. Buyer Comment (2026-03-04): Certified copy attached Reviewer Comment (2026-03-03): An unexecuted HUD is not acceptable. If the disbursement date on the final HUD is incorrect, provide the final stamped settlement statement to support. Buyer Comment (2026-03-02): Attached |
03/04/2026 | No | 1 | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190788 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-01-30): EV [redacted] |
01/30/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190790 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement only provided. Provide the final stamped settlement statement. | Reviewer Comment (2026-02-03): Final stamped settlement
statement provided Buyer Comment (2026-01-30): Please see the attached recorded DOT Buyer Comment (2026-01-30): Please see the Final Settlement Statement |
02/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190791 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-03): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-30): Please see the attached exception form |
02/03/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190792 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide evidence the first installment of taxes are paid as they are delinquent as of [redacted]. | Reviewer Comment (2026-02-03): Updated tax cert provided
verifying taxes paid. Buyer Comment (2026-01-30): See the attached taxes as noted in the other similar condition Buyer Comment (2026-01-30): Please see the attached taxes from the [redacted] County website showing that [redacted]'s payment was made. The next payment is due in [redacted]. |
02/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190793 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE is > [redacted] days old ([redacted] days old). | Reviewer Comment (2026-02-13): Updated business license
provided with pull date dated within [redacted] days prior to closing. Buyer Comment (2026-02-12): The real estate license that is uploaded is the VVOE so an updated CPA Letter is not required. Please clear, thank you Buyer Comment (2026-02-12): Please see the updated real estate license Reviewer Comment (2026-02-03): The same documents were provided that were in file at time of review. The CPA letter is > [redacted] days old ([redacted] days old) and the license pull date is > [redacted] days old. Buyer Comment (2026-01-30): Please see the attached Real Estate License Buyer Comment (2026-01-30): Please see the attached CPA Letter |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 173 | 36190794 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Max [redacted]% for [redacted] only program. | Reviewer Comment (2026-02-17): Updated credit supplement
provided updating senior lien balance. LTV now meets guidelines. Reviewer Comment (2026-02-13): The same document was provided that was previously provided. Please see comments from [redacted]: The later dated gap report [redacted] reflects a balance of $[redacted] for the senior lien. The supplement is dated [redacted]. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-02-12): Please see the attached Credit Supplement Reviewer Comment (2026-02-03): The later dated gap report [redacted] reflects a balance of $[redacted] for the senior lien. The supplement is dated [redacted]. Buyer Comment (2026-01-30): Please see the attached one page credit report. According to the Underwriting Manager, it appears that they may be using the [redacted]st mortgage balance from the credit report, but we have a credit supplement with an updated balance that is more recent. That is the [redacted]st mortgage balance that was used for underwriting. |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 174 | 36190804 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-03): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-02): Please see the attached exception form Buyer Comment (2026-01-30): Please see the attached exception form Reviewer Comment (2026-01-21): The document provided is not acceptable as it is not dated nor reflects it is for this property. In addition, the actual HELOC agreement signed at closing reflects [redacted]%. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-21): Please see the attached HELOC Acknowledgment Disclosure |
02/03/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 175 | 36190806 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-02-02): EV [redacted] Reviewer Comment (2026-01-21): The same AVM and PCI were provided that were in file at time of review. Securitization requires a full appraisal. Client can elect to waive as an EV2/B. Buyer Comment (2026-01-21): Please see the attached AVM Buyer Comment (2026-01-21): Please see the attached PCI |
02/02/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 175 | 36190808 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | HUD shows an Origination Fee of $[redacted] that is not on the HELOC Agreement. Instead of an Origination fee the HELOC Agreement disclosed an Underwriting Fee of $[redacted] and Doc prep Fee of $[redacted]. HUD does not include an itemization of the Origination fee | Reviewer Comment (2026-02-12): Updated final stamped HUD
settlement statement provided itemizing fees. Condition no longer applies. Buyer Comment (2026-02-11): Please see the Final Settlement Statement |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 175 | 36190809 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-12): Updated final stamped HUD
settlement statement provided itemizing fees. Condition no longer applies. Buyer Comment (2026-02-11): Please see the Final Settlement Statement for exception # [redacted] |
02/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 175 | 36190811 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-03): Client elects to waive with
verified compensation factors Reviewer Comment (2026-01-21): The attached does not clear this condition as it the PPP signed and dated at origination. The actual signed and dated HELOC agreement at closing reflects [redacted]%. Client can elect to waive with verified compensation factors. Buyer Comment (2026-01-21): Please see the attached HELOC Acknowledgment Disclosure |
02/03/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190822 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-02-12): Updated revision [redacted]
title provided Buyer Comment (2026-02-11): Update title commitment Buyer Comment (2026-02-11): Updated Title Commitment Reviewer Comment (2026-02-05): Condition does not pertain to HOI coverage. Please review original condition. The Title Policy Amount of $[redacted] is less than the note amount of $[redacted] based on the Commitment in file. Buyer Comment (2026-02-05): Dwelling coverage is [redacted]k. Please review. |
02/12/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | B | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190824 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | RTC expiration date reflects [redacted] vs [redacted]. Rescission needs to be re-opened. | Reviewer Comment (2026-03-18): Letter of Explanation,
Proof of Delivery, and Re-open Rescission provided Buyer Comment (2026-03-17): se attached Reviewer Comment (2026-02-11): Received LOE to borrower sent via email. New rescission expires on [redacted] at midnight. Re-queue condition on [redacted] for curing. Buyer Comment (2026-02-10): Email to borrower. Reviewer Comment (2026-02-10): Received corrected and signed/dated RTC forms, LOE to borrower and mailing label. Mailing label tracking states returned to shipper. Buyer Comment (2026-02-09): Corrected document. |
03/18/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | D | B | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190825 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-03-18): Credit memo provided to
guidelines allowing for an alternative PPP/early termination fee Buyer Comment (2026-03-17): see attached |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190826 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Credit Report - Gap is missing with in [redacted] days of closing date. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-18): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-17): see attached Reviewer Comment (2026-02-05): The comparison report / gap report provided is > [redacted] days from closing. Comparison report [redacted]. Loan closed [redacted]. Buyer Comment (2026-02-05): See attached gap credit. |
03/18/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | GA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190827 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Taxes were due and now delinquent on [redacted] for $[redacted]. | Reviewer Comment (2026-03-18): Tax cert provided
reflecting taxes paid Buyer Comment (2026-03-17): see attached |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 176 | 36190828 | Credit | Guideline | Guideline Issue | Guideline | Aged document: Primary Valuation is older than guidelines permit | - | New AVM/Appraisal: [redacted] Days (With Re-certification of value: [redacted] days). [redacted] in file is for repairs only and does not re-certify the value. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-18): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-02-05): The document provided was already in file at time of review and is a [redacted] for repairs /completion. It is not a recert of value. The top portion would be completed for recert with new effective date of appraisal update completed at bottom of document. Buyer Comment (2026-02-05): See attached [redacted]D. |
03/18/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Refinance - Cash-out - Other | D | B | D | B | C | B | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190829 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. RCE not provided. | Reviewer Comment (2026-02-11): [redacted] provided.
Checklist provided with policy number with replacement cost verbiage. Buyer Comment (2026-02-11): [redacted] cannot do RCE so please see the checklist attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190832 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires a full appraisal. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-12): Client elects to waive Buyer Comment (2026-02-12): [redacted] requests to waive Reviewer Comment (2026-02-11): The attesation does not clear this condition. Securitization requires a full appraisal. Client can elect to waive as an EV2. Buyer Comment (2026-02-11): Attached Buyer Comment (2026-02-10): Please see attached |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190833 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-19): Please waive. Excess residual
income and LTV is [redacted]% or more below the maximum allowed. Reviewer Comment (2026-02-12): HUD: Stamp Tax $[redacted], Intangible Tax $[redacted], Services Charges $[redacted]; HELOC agreement: Transfer Taxes $[redacted], Title Courier Fee $[redacted], Title-Banking Fee $[redacted]. This is an EV2 condition can client can elect to waive. Buyer Comment (2026-02-11): Attaching the settlement stmt again. Not seeing where fees differ this one. The only difference is the title courier fee/notary fee but it's listed and for this exact amount on both docs. |
02/19/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190835 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-11): Credit Memo provided
allowing for a reduced PPP/early termination. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190836 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. | Reviewer Comment (2026-02-11): Evidence of HOA dues
provided Buyer Comment (2026-02-10): Attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 177 | 36190837 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE dated within [redacted] days of closing for both the Schedule [redacted] and [redacted]-Corp were not provided. Preparer letters in file > [redacted] days old and Open [redacted] not dated. | Reviewer Comment (2026-02-25): Client requested removal of
Schedule C income. Updated [redacted] provided. Third party verification of
SE provided for C-Corp dated within [redacted] days prior to closing. Buyer Comment (2026-02-23): Attached Reviewer Comment (2026-02-23): The documents received from the lender. Please provide a Third-Party Verification for "[redacted] ", dated within [redacted] days of closing. Buyer Comment (2026-02-19): Uploaded proof of VVOE for the Corp. Removed income for the SCH C to waive the need for the Verbal Reviewer Comment (2026-02-11): The same preparer letter was provided that was in file at time of review. Please review original condition. Preparer letters in file > [redacted] days old and Open Corp not dated. Buyer Comment (2026-02-10): Attached |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 178 | 36190840 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires a full appraisal. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-12): The client elects to
waive. Reviewer Comment (2026-02-11): The attestation does not clear this condition. Securitization requires a full appraisal. [redacted] can elect to waive as an EV2. Buyer Comment (2026-02-11): Attached Buyer Comment (2026-02-10): Attached |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 178 | 36190841 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement only in file. Provide the final stamped settlement statement. | Reviewer Comment (2026-02-11): Final stamped settlement
statement provided Buyer Comment (2026-02-11): Attached |
02/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 178 | 36190842 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title. [redacted]st installment of taxes are open and now delinquent. | Reviewer Comment (2026-02-11): Tax cert provided
reflecting taxes paid Buyer Comment (2026-02-11): Attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190845 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | Third Party Verification of self employment dated within [redacted] days of closing was not provided. Open [redacted] search is not dated and CPA does not verify borrower ownership %, just expense factor. | Reviewer Comment (2026-02-11): Dated internet search
provided within [redacted] days prior to closing which meets guideline
requirements for verification. Buyer Comment (2026-02-11): Attached |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190846 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate in file | Reviewer Comment (2026-02-11): Final stamped settlement
statement proivded Buyer Comment (2026-02-11): Attached |
02/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190847 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Per guidelines, provide the most recent senior lien mortgage statement. | Reviewer Comment (2026-02-13): Credit memo provided
allowing Note. Evidence of TIA in file for current transaction. Buyer Comment (2026-02-12): See credit memo attached Reviewer Comment (2026-02-12): Received same documents which were available in file. Based on the guidelines required mortgage statement, provide the most recent senior lien mortgage statement. Exception remains. Buyer Comment (2026-02-10): Attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190848 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - High Cost as Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). If tested as primary residence, loan exceeds one or more high cost thresholds. | Initial [redacted], dec page, reflects intent to occupy. This was corrected on the final [redacted]. Provide the lender attestation on error. | Reviewer Comment (2026-02-13): Lender attestation on error
provided Buyer Comment (2026-02-12): Please see attached Reviewer Comment (2026-02-11): An unsigned [redacted] was provided which is not acceptable. Please review the original condition. Initial [redacted], dec page, reflects intent to occupy. This was corrected on the final [redacted]. Provide the lender attestation on error. Buyer Comment (2026-02-10): Attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190849 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Sec ID: [redacted] | Transfer letter not provided | Reviewer Comment (2026-02-13): Transfer letter provided Buyer Comment (2026-02-12): Transfer Letter attached Reviewer Comment (2026-02-11): The attestation does not clear this condition. The transfer letter is required. Also attestation notes CPA vs. CDA. Buyer Comment (2026-02-10): Attached |
02/13/2026 | No | 1 | D | A | A | A | D | A | A | D | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190850 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Transfer letter not provided | Reviewer Comment (2026-02-13): Transfer letter provided |
02/13/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 179 | 36190851 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-13): Attesation provided that
CDA was ordered for this transaction. Requested clearance. Buyer Comment (2026-02-13): Attached Reviewer Comment (2026-02-13): Provide the lender attestation if the CDA was ordered for this transaction. The attestation references a CPA letter. |
02/13/2026 | No | 1 | A | A | A | A | A | AZ | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190852 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-12): FTP provided |
02/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190854 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires a full appraisal | Buyer Comment (2026-02-04): elects waive |
02/04/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190855 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]% | Reviewer Comment (2026-02-11): Credit Memo provided
allowing for a reduced PPP/early termination. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190856 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-04): elects to waive |
02/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190858 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The HELOC agreement signed at closing reflects borrower has a [redacted]% early termination PPP. There is also another HELOC acknowledgment disclosure that the borrower signed at closing that reflects [redacted]%. Provide the lender attestation as to which is correct. Additional conditions may apply. | Reviewer Comment (2026-03-25): Corrected LOE and evidence
of delivery provided via email. E-consent provided. Buyer Comment (2026-03-25): Attached Reviewer Comment (2026-03-24): Received executed HELOC Agreement reflecting correct. However, please review comments from [redacted]. The LOE needs to be revised as the disclosed figures were [redacted]% to [redacted]% vs. [redacted]% to [redacted]% as well as the mailing label tracking still reflects only label created. Must reflect at minimum in transit. Buyer Comment (2026-03-24): Attached Reviewer Comment (2026-03-05): The LOE needs to be revised as the disclosed figures were [redacted]% and [redacted]% vs. [redacted]% and [redacted]% and must identify which is correct. Further, the HELOC agreement reflecting corrected and final must be executed by the borrower. Finally, the mailing label just reflects created. Must reflect at minimum in transit. Buyer Comment (2026-03-04): see attached Reviewer Comment (2026-02-11): Lender attesation provided stating the [redacted]% is correct. Since borrower signed both agreements at closing with different amounts, provide the LOE to borrower notifying them of the correct amount along with evidence of delivery to the borrower to clear. Buyer Comment (2026-02-11): Attached |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190859 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The CPA letter verifying ownership % for the borrower is not dated. | Reviewer Comment (2026-02-12): Dated CPA letter
provided Buyer Comment (2026-02-12): See attached Reviewer Comment (2026-02-11): Page [redacted] of the guidelines: Age of Documents from Note Date: Income: [redacted] days. The letter is required to be dated and is needed to verify ownership % for the borrower. Buyer Comment (2026-02-10): Please be advised there is nothing in our guides calling for it to be dated |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190860 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: HOA Questionnaire not provided | Reviewer Comment (2026-03-25): Evidence of delivery to
borrower provided Reviewer Comment (2026-03-24): Received LOE to borrower , re-recorded and executed DOT removing condo rider and adding PUD rider and executed PUD rider. Pending receipt of evidence of delivery to borrower. Tracking only reflects label created. Must reflect at minimum in transit. Buyer Comment (2026-03-24): Attached to the above condition Reviewer Comment (2026-03-05): Received LOE to borrower with intent to re-record, mailing label and corrected unexecuted DOT and PUD rider. The mailing label tracking reflects label created and must reflect at minimum in transit. Further, the corrected DOT and PUD rider must be executed by the borrower. Buyer Comment (2026-03-04): see attached - Borrower to resign DOT to reflect PUD Reviewer Comment (2026-02-11): Email to client: If the property is actually a PUD vs. Condo, then the following will be required: Corrected and executed DOT removing the Condo Rider and adding the PUD rider on page [redacted], executed PUD rider, LOE to borrower, evidence of delivery to the borrower and lender's letter of intent to re-record. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190861 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a lender attestation verifying if condo is warrantable as non-warrantable condos are not allowed per guidelines. | Reviewer Comment (2026-03-25): Evidence of delivery to
borrower provided Reviewer Comment (2026-03-24): Received LOE to borrower , re-recorded and executed DOT removing condo rider and adding PUD rider and executed PUD rider. Pending receipt of evidence of delivery to borrower. Tracking only reflects label created. Must reflect at minimum in transit. Buyer Comment (2026-03-24): Please clear based on updated DOT Reviewer Comment (2026-02-11): Email to client: If the property is actually a PUD vs. Condo, then the following will be required: Corrected and executed DOT removing the Condo Rider and adding the PUD rider on page [redacted], executed PUD rider, LOE to borrower, evidence of delivery to the borrower and lender's letter of intent to re-record. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190862 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide the VOM for the mortgage lien paid through closing and on title with [redacted]. | Reviewer Comment (2026-03-04): [redacted] month bank
statements provided with pay history Buyer Comment (2026-03-02): If you look at each statement, it also shows when each payment is due. The [redacted] statement reflects a payment due on [redacted] after the payment made on [redacted], which the borrower made on [redacted] with the next payment due in [redacted]. You can clearly see that on each statement that the borrower was never [redacted] days late especially if you also follow that due date as well as when each payment was made. Reviewer Comment (2026-02-17): To accurately document the borrower's [redacted]-month housing payment history, we need verification that the [redacted] [redacted] and [redacted] [redacted] payments were made. The [redacted] and [redacted] statements do not reflect the prior-month payments, not do they indicate any due-date advancement that would confirm the borrower was paid ahead, or Required VOM for the mortgage lien paid through closing and on title with [redacted] . Exception remains. Buyer Comment (2026-02-13): Those statements were included in the upload but attaching them again. Also please note, it looks like the borrower paid ahead slightly per the statements. We have [redacted] payments documented as on time (Jan - Dec [redacted]) but appears no payment present on the [redacted] statement since that payment was not due until [redacted] per the statement as it shows the due date of the payments on each as well. Reviewer Comment (2026-02-13): The bank statements provided cover [redacted] months; however, the statements for [redacted] [redacted] and [redacted] [redacted] are missing. Please provide the [redacted] [redacted] and [redacted] [redacted] statements reflecting the [redacted] payments or VOM required. Exception remains. Buyer Comment (2026-02-11): Please see bank statements provided to document at least [redacted] months payment history for this loan |
03/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190863 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Provide the final stamped settlement statement. Page [redacted] of the document in file reflects settlement statement is an estimate. | Reviewer Comment (2026-03-25): Corrected final stamped
settlement statement provided Buyer Comment (2026-03-24): Attached Reviewer Comment (2026-02-23): The same closing statement was provided that was provided on [redacted]. Please review comments from [redacted]: The final settlement statement provided reflects a broker fee paid by the lender and a loan origination fee paid by the borrower. The HELOC agreement does not reflect the broker fee paid by the lender. If the broker fee paid by the lender is incorrect then provided the final stamped settlement statement to support. If not and this was an additional fee on the loan, this will result in [redacted]/[redacted] failures. Buyer Comment (2026-02-23): Attached Reviewer Comment (2026-02-12): The final settlement statement provided reflects a broker fee paid by the lender and a loan origination fee paid by the borrower. The HELOC agreement does not reflect the broker fee paid by the lender. If the broker fee paid by the lender is incorrect then provided the final stamped settlement statement to support. If not and this was an additional fee on the loan, this will result in [redacted]/[redacted] failures. Buyer Comment (2026-02-11): Attached |
03/25/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 180 | 36190864 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Taxes that are not due and delinquent are not paid. | Reviewer Comment (2026-03-25): Later dated updated FTP
provided Buyer Comment (2026-03-24): Attached Reviewer Comment (2026-03-03): Page [redacted] of the FTP needs to be updated to include the PUD endorsement. Provide the updated FTP. If dated and time stamped the same as the incorrect FTP, provide evidence of which was provided last (i.e. email from title with updates). Buyer Comment (2026-03-02): PUD endorsement attached, still working on other items to update subject to PUD Reviewer Comment (2026-02-13): If property is being corrected to a PUD, then FTP does not reflect a PUD endorsement either. Buyer Comment (2026-02-13): Condo endorsement is not applicable as property type is actually a PUD and those docs are being provided as part of separate conditions Buyer Comment (2026-02-13): Updated FTP attached Reviewer Comment (2026-02-12): The FTP provided still reflects [redacted]st installment of taxes open as well as the FTP does not reflect the Condo Endorsement checked. Buyer Comment (2026-02-11): Please see attachments |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 181 | 36190872 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-03): Lender provided attestation
that CDA was ordered for this current transaction. Requested clearance. Buyer Comment (2026-02-02): Uploaded attestation Buyer Comment (2026-02-02): ATTESTATION FROM SVP Buyer Comment (2026-02-02): [redacted]D Reviewer Comment (2026-01-30): The CDA in [redacted]'s name is not sufficient to clear this condition. All it indicates is [redacted] ordered the CDA but not that it was ordered specifically for this transaction. As noted on [redacted] and stated to [redacted] management via email, if the CDA provided was obtained for this transaction, provide a lender attestation to that effect, Buyer Comment (2026-01-30): [redacted] also uploaded Buyer Comment (2026-01-30): It is in [redacted]'s name, transferred appraisals show in the originators name and signed over to us. Buyer Comment (2026-01-30): The CDA shows [redacted] as the client. We ordered it and it is in [redacted]'s name. That is sufficient. The invoice is also in the documentation that was provided. Please review rom submitted docs. Reviewer Comment (2026-01-30): The same document was provided and does not clear this condition. If the CDA provided was obtained for this transaction, provide a lender attestation to that effect, |
02/03/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 181 | 36190875 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-11): Residual Income is
$[redacted] Additional Reserves of +[redacted] months Reviewer Comment (2026-02-03): The condition is not in reference to income documents but is in reference to fees on HELOC agreement and Closing Statement differ. This is an EV2/B that client can elect to waive. Buyer Comment (2026-01-30): This document is uploaded and shows as name doc. There are [redacted] business'. Each business has it's own name |
02/11/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 181 | 36190877 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Business bank statements for account #[redacted] reflect [redacted] DBA [redacted] and Entity documents reflect [redacted] LLC. No evidence one in the same. | Reviewer Comment (2026-02-11): Received and associated
Business Entity listing documents for both businesses. Exception cleared. Buyer Comment (2026-02-11): Please note the [redacted] business' uploaded yesterday. Buyer Comment (2026-02-10): This is answered by the business licenses for each of the [redacted] businesses Buyer Comment (2026-02-10): [redacted] VERIF Buyer Comment (2026-02-10): [redacted] and [redacted] Reviewer Comment (2026-02-03): Client confirmed [redacted] different businesses. Business narrative provided for [redacted] that was not in file. Pending receipt of third party verification of SE for [redacted] as all Entity documents are > [redacted] days old. Buyer Comment (2026-02-02): There are [redacted] business and the documentation was uploaded pr both. That should have cleared this condition. They are NOT the same entity. [redacted] SEPARATE BUSINESSES Reviewer Comment (2026-02-02): Received same documents which were available in file. Business bank statements for account #[redacted] reflect [redacted] DBA [redacted] and Entity documents reflect [redacted] . Please provide evidence that these entities are one and the same, or alternatively, evidence of access to funds for [redacted] DBA [redacted] . Exception remains. Buyer Comment (2026-01-29): Business Buyer Comment (2026-01-29): Amended BIZ for different family member Buyer Comment (2026-01-29): BIZ #[redacted] Buyer Comment (2026-01-29): See business docs Buyer Comment (2026-01-29): There are [redacted] different businesses and each one refences the specific business |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 181 | 36190878 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Issue: Refinance seasoning requirements not met | For Closed End Seconds (CES and Investment/[redacted]nd home HELOCs), properties owned less than [redacted] ([redacted]) months ineligible. Borrowers were just deeded on [redacted] for $[redacted] by parents. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-30): See attached Exception |
01/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190879 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | City [redacted] | Reviewer Comment (2026-02-12): Updated policy provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190880 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-12): FTP provided |
02/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190881 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Buyer Comment (2026-02-04): elects to waive |
02/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190883 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal and CDA: City [redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-25): Client elects to waive with
verified compensation factors |
02/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190884 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | City [redacted] | Reviewer Comment (2026-02-12): Updated flood cert
provided Buyer Comment (2026-02-12): Attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190885 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-02-04): elects to waive |
02/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190887 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-11): Credit Memo provided
allowing for a reduced PPP/early termination. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190888 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated Settlement Statement only in file | Reviewer Comment (2026-02-12): Final stamped settlement
statement provided Buyer Comment (2026-02-11): Correct City Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190889 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title: City [redacted] | Reviewer Comment (2026-02-13): FTP provided Buyer Comment (2026-02-13): Please see attached Buyer Comment (2026-02-11): Attached |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190890 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Initial - Lender's is incomplete | Initial [redacted] is not signed by LO | Reviewer Comment (2026-02-25): Signed [redacted]
provided |
02/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190891 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Application date on Fraud Report is [redacted]. Initial [redacted] is not signed and dated by the LO. Date reflects [redacted]. Disclosure sent [redacted]. | Reviewer Comment (2026-02-25): Signed and dated initial
[redacted] provided updating app date. Reviewer Comment (2026-02-24): Condition cannot be re-reviewed until the signed and dated initial [redacted] by the LO is provided. Receipt for this disclosure was already received, however not timely based on application date. Buyer Comment (2026-02-24): Here is proof that the HELOC disclosure was sent. We will upload the LO signed initial [redacted] soon. Reviewer Comment (2026-02-11): Please review the original condition. Application date on Fraud Report is [redacted]. Initial [redacted] is not signed and dated by the LO. Date reflects [redacted]. Disclosure sent [redacted]. The signed initial [redacted] condition was waived by the [redacted] staff. Buyer Comment (2026-02-10): The brochure was included with the initial disclosures and you can use the esignature pages to show when delivered. |
02/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 182 | 36190892 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Application date on Fraud Report is [redacted]. Initial [redacted] is not signed and dated by the LO. Date reflects [redacted]. Disclosure sent [redacted]. | Reviewer Comment (2026-02-25): Signed and dated initial
[redacted] provided updating app date. Reviewer Comment (2026-02-24): Condition cannot be re-reviewed until the signed and dated initial [redacted] by the LO is provided. Receipt for this disclosure was already received, however not timely based on application date. |
02/25/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190895 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | Reviewer Comment (2026-02-12): Secondary AVM provided Buyer Comment (2026-02-11): Subsequent AVM attached |
02/12/2026 | No | 1 | D | A | A | A | D | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190896 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly mortgage payment has decreased by at least [redacted]%. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-12): Client elects to waive Buyer Comment (2026-02-12): [redacted] requests to waive Reviewer Comment (2026-02-11): The attestation does not clear this condition. Securtization requires a full appraisal. Client can elect to waive as an EV2. Buyer Comment (2026-02-10): Attached |
02/12/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190897 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-02-12): Final settlement statement
provided. Fees match HELOC agreement. Buyer Comment (2026-02-11): Please review against final settlement statement. IF condition still stands please be specific with what is different. |
02/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190899 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-11): Credit Memo provided
allowing for a reduced PPP/early termination. |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190900 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-02-12): Final settlement statement
provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 183 | 36190901 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided | IRS amount paid at closing is less than the payoff statement. Provide evidence paid in full. | Reviewer Comment (2026-02-12): Payoff provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 184 | 36190905 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide the gap credit report dated within [redacted] days of closing. | Reviewer Comment (2026-02-06): Gap report provided Buyer Comment (2026-02-05): See attached gap credit. Thank you. |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190917 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-24): FTP provided |
03/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190919 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires a full appraisal | Buyer Comment (2026-03-20): Loan is not to be securitized
- EV2 -ok to waive Reviewer Comment (2026-02-04): Condition cannot be removed. Securitization requires a full appraisal. Client can elect to waive as an EV2/B. Buyer Comment (2026-02-04): This is a HELOC and the loan amount is below $[redacted]k so it qualifies for an AVM. Please review and remove condition. Thank you. |
03/20/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190920 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument and Riders are missing from file. | Reviewer Comment (2026-02-10): Received and associated
Security Instrument - Subject Lien. Exception cleared. Buyer Comment (2026-02-06): Please review and clear. |
02/10/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190921 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation
received. Loan is no longer a high cost loan. Buyer Comment (2026-03-22): Document sent out included the verbiage at the top of th[redacted]e HELOC agreement. - see attached. Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190922 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation received
including LOE, Updated HELOC Agreement reflecting [redacted]% termination
fee, and proof of delivery. Buyer Comment (2026-03-22): see top of HELOC agreement- included the verbiage required prior to mailing. Reviewer Comment (2026-03-18): Rate lock provided, but does not have an undiscounted rate and price. The rate on the lock starting is the same as the current HELOC rate. Please review comments from [redacted]: Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Buyer Comment (2026-03-03): Attached Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. |
03/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | D | B | D | A | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190923 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation
received. Loan is no longer a high cost loan. Buyer Comment (2026-03-22): see attached Reviewer Comment (2026-03-18): Rate lock provided, but does not have an undiscounted rate and price. The rate on the lock starting is the same as the current HELOC rate. Please review comments from [redacted]: Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190924 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation
received. Loan is no longer a high cost loan. Buyer Comment (2026-03-22): see attached - Reviewer Comment (2026-03-18): Rate lock provided, but does not have an undiscounted rate and price. The rate on the lock starting is the same as the current HELOC rate. Please review comments from [redacted]: Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Buyer Comment (2026-02-04): It is passing high cost test. Please advise. Thank you. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190925 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation
received. Buyer Comment (2026-03-22): see attached Reviewer Comment (2026-03-18): Rate lock provided, but does not have an undiscounted rate and price. The rate on the lock starting is the same as the current HELOC rate. Please review comments from [redacted]: Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. Buyer Comment (2026-02-04): This is a HELOC and the loan amount is below $[redacted]k so it qualifies for an AVM. Please review and remove condition. Thank you. |
03/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | D | A | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190926 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Pre-loan counseling requirements not met. | Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. | Reviewer Comment (2026-03-23): Cure documentation
received. Loan is no longer a high cost loan. Buyer Comment (2026-03-22): see attached Reviewer Comment (2026-03-18): Rate lock provided, but does not have an undiscounted rate and price. The rate on the lock starting is the same as the current HELOC rate. Please review comments from [redacted]: Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-03-03): Received LOE to borrower, mailing label and a new HELOC agreement was provided with a new PPP, however does not contain the required verbiage at the top of page [redacted]: There should be only one Note on a loan, so they should make it be clear on the top of page [redacted] of the the corrected HELOC Agreement that the new one is intended to modify and replace the original signed on x date. Further, tracking on mailing label only reflects label created. Must reflect at minimum in transit. Reviewer Comment (2026-02-05): The compliance report does not reflect any undiscounted rate and price. Fees included in [redacted] / [redacted] testing are Admin Fee of $[redacted], Loan Discount Fee $[redacted], Mers Fee $[redacted], New PPP of [redacted]% $[redacted], and UW fee $[redacted]. The report did not include the Admin fee nor the full amount of the PPP. Reviewer Comment (2026-02-04): Condition cannot be removed nor does it pertain to AVM's. Loan exceeds [redacted]/[redacted]. Undiscounted rate and undiscounted price not provided for testing. Rate lock also not in file. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190927 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-03-18): Rate lock provided Buyer Comment (2026-03-18): see attached |
03/18/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190929 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Note Date used as Transaction Date | Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements | Security Instrument is missing with notary date for consummation. | Reviewer Comment (2026-03-24): Recorded and dated security
instrument provided Buyer Comment (2026-03-23): see attached |
03/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 185 | 36190930 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Provide the deed transferring the property to borrower and non-borrower. | Reviewer Comment (2026-03-24): FTP provided with correct
vesting Buyer Comment (2026-03-23): see attached |
03/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 186 | 36190940 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-02-11): Per attestation provided,
CDA was ordered for this transaction. Requested clearance. Buyer Comment (2026-02-11): See attached |
02/11/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 186 | 36190942 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-11): Credit memo provided allows
for a reduced PPP Buyer Comment (2026-02-11): See attached memo |
02/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 186 | 36190943 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate statement in file | Reviewer Comment (2026-02-13): Final stamped closing
statement provided Buyer Comment (2026-02-12): See attached |
02/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 186 | 36190944 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Provide the most recent mortgage statement for the senior lien. If I/O, additional conditions will apply. | Reviewer Comment (2026-02-13): Credit memo provided
allowing for alternative documents. Note provided with terms and evidence of
TIA in current file. Reviewer Comment (2026-02-13): Received Note document, however, based on the guidelines most recent mortgage statement for the senior lien is required. Exception remains. Buyer Comment (2026-02-12): Also please see credit memo attached Buyer Comment (2026-02-11): Attached is a copy of the note and the final CD. The first lien is I/O and appears the borrower meets DTI requirement even with the lowering the DTI to [redacted]% qual at the fully amort payment on the remaining term after I/O period per guides |
02/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190946 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Coverage shortfall $[redacted]. Provide the RCE. | Reviewer Comment (2026-02-12): RCE provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190949 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-12): Credit memo provided to
guidelines allowing for a reduced PPP Buyer Comment (2026-02-11): Attached. |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190950 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-02-12): Disclosure tracking
provided with earlier delivery Buyer Comment (2026-02-11): Please see pages [redacted]-[redacted] on the initial disclosures |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190951 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided | Provide the deed transferring property from Trust to Individuals. | Reviewer Comment (2026-02-12): Deed provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190952 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate settlement statement in file only. | Reviewer Comment (2026-02-12): Final signed settlement
statement provided Buyer Comment (2026-02-11): Attached |
02/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190953 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-02-12): Disclosure tracking
provided with earlier delivery Buyer Comment (2026-02-11): Starts on page [redacted] of the initial disclosures |
02/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 187 | 36190954 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Refinance: Provide the Trust agreement. Title was vested in a trust prior to transfer to individuals. | Reviewer Comment (2026-02-20): Received and associated
Trust agreement. Exception cleared. Buyer Comment (2026-02-18): Attached Reviewer Comment (2026-02-12): If a loan is a refinance and vested in a Trust or LLC prior to being transferred, that document will be required. Provide the Trust Agreement to verify no other party has vested ownership in the property or is required to sign. Buyer Comment (2026-02-11): Not required. Can clearly see from the prelim title that the borrower (and spouse) were listed as trustees prior to the transfer back out of the trust at closing. There is no chain of title issue. Please clear. |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 188 | 36190955 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-02-26): elects to waive Reviewer Comment (2026-02-25): As noted on [redacted], Securitization requires an interior inspection. Client can waived as-is as an EV2/B. [redacted] management is aware of this. Buyer Comment (2026-02-24): [redacted] AVMS were ordered an interior inspection is no required on HELOCS Reviewer Comment (2026-02-23): The attached does not clear this condition. Securitization requires an interior inspection. Client can waived as-is as an EV2/B. Buyer Comment (2026-02-23): see attached |
02/26/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 188 | 36190958 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-03-25): [redacted] months rent
receipt provided. Reviewer Comment (2026-03-04): Lease agreement provided but is expired. Provide the extension to lease that supports $[redacted]/month or proof of rent deposit to support extension as required by lease. Buyer Comment (2026-03-03): see attached Reviewer Comment (2026-02-25): The LOE does not clear this condition. Rental income on the subject property was used to qualify per the [redacted] and needed. Buyer Comment (2026-02-24): see attached |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 188 | 36190959 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file. | Reviewer Comment (2026-02-23): Final stamped settlement
statement provided Buyer Comment (2026-02-23): see attached |
02/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 188 | 36190960 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Lender to provide attestation if condo is warrantable or non-warrantable (Note: Non-Warrantable Condos not allowed on HELOCs). | Reviewer Comment (2026-02-23): Lender attesation provided
noting condo is warrantable. Buyer Comment (2026-02-23): see attached |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 189 | 36190963 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-02-23): Final stamped settlement
statement provided Buyer Comment (2026-02-20): see attached |
02/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 189 | 36190964 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | The lender utilized [redacted] accounts to qualify. The [redacted] months statements are missing for account #[redacted]. | Reviewer Comment (2026-02-20): Received and associated
Account Statements - Business for account number#[redacted]. Exception
cleared. Buyer Comment (2026-02-18): see attached |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 189 | 36190965 | Credit | Missing Document | General | Missing Document | Missing Document: Account Statements - Business not provided | The lender utilized [redacted] accounts to qualify. The [redacted] months statements are missing for account #[redacted]. | Reviewer Comment (2026-02-20): Received and associated
Account Statements - Business for account number#[redacted]. Exception
cleared. Buyer Comment (2026-02-18): see attached |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 189 | 36190966 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Provide a current RCE. The RCE in file is [redacted] years old. | Reviewer Comment (2026-03-13): RCE provided Buyer Comment (2026-03-12): the RCE showed [redacted] which is what the coverage is. Uploaded again. Reviewer Comment (2026-03-11): Updated policy provided with increased coverage, however the amount is still short by $[redacted]. Provide the RCE. Buyer Comment (2026-03-10): Attached |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 190 | 36190970 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-10): Client elects to waive with
verified compensation factors Buyer Comment (2026-02-06): see attached |
02/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 190 | 36190971 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-02-24): Corrected and later dated
certified stamped final settlement statement provided Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-19): The corrected settlement statement is not stamped certified. Buyer Comment (2026-02-18): see attached Reviewer Comment (2026-02-10): The Final Settlement Statement provided reflects a Broker Fee was charged to borrower. HELOC agreement reflects Loan Origination Fee. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement to support. If fee names are correct, then this will result in HOEPA failures. Buyer Comment (2026-02-09): see attached |
02/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 190 | 36190972 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Verification of Business not provided within [redacted] days of closing. Business entity search is not dated. | Reviewer Comment (2026-02-17): Received and associated
Third Party Verification for [redacted] . Exception cleared. Buyer Comment (2026-02-13): see attached |
02/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 190 | 36190973 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-04): Client elects to waive Buyer Comment (2026-03-03): Please waive this condition Reviewer Comment (2026-02-19): There is no itemization of fees for the HELOC agreement, therefore it is not known what the transfer taxes include. The fee names must match exact between the closing statement and HELOC, otherwise they will be deemed separate fees. Buyer Comment (2026-02-18): Transfer tax on HELOC agreement $[redacted] = HUD has broken out as Doc stamp tax $[redacted] + Intangible Tax $[redacted] Total $[redacted] |
03/04/2026 | No | 2 | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 191 | 36190974 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-02-09): elects to waive |
02/09/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 191 | 36190977 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | This file was missing Final HUD- [redacted] | Reviewer Comment (2026-03-02): Corrected final stamped
settlement statement provided Reviewer Comment (2026-02-18): The Final Stamped Settlement statement reflects a Broker Fee of $[redacted] paid to the broker (does not list by buyer or lender), however this fee is not listed on the HELOC agreement. If this is correct, regardless of payee, this will result in HOEPA failures. If this is not correct, provide the corrected and stamped settlement statement. Buyer Comment (2026-02-17): SEE ATACHED |
03/02/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 191 | 36190979 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Pre-Payment Penalty - [redacted]% penalty if terminated within the first [redacted] months unless otherwise prohibited by Federal or State law. HELOC agreement reflects [redacted]%. | Reviewer Comment (2026-02-10): Credit memo provided
allowing for the use of a lower PPP/early termination fee Reviewer Comment (2026-02-10): This is a guideline requirement. [redacted] can elect to waive with verified compensation factors but condition cannot be cleared. Buyer Comment (2026-02-09): This fee can be adjusted at [redacted]'s discretion for pricing purposes or for state high cost purposes - Please Clear |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 191 | 36190980 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-02): Corrected final stamped
settlement statement provided |
03/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190986 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-02): Client elects to waive Reviewer Comment (2026-03-02): The attestation does not clear this condition. Securitization requires an interior inspection. This was discussed with [redacted] via email. Condition can be waived as an EV2/B. Buyer Comment (2026-03-02): Attached Reviewer Comment (2026-02-26): The AVM does not clear this condition. Securitization requires an interior inspection. [redacted] can elect to waive as an EV2/B. Buyer Comment (2026-02-25): AVM |
03/02/2026 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190987 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | Reviewer Comment (2026-02-26): Secondary AVM provided Buyer Comment (2026-02-25): AVM |
02/26/2026 | No | 1 | D | A | A | A | D | A | A | D | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190989 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Coverage shortfall $[redacted]. Provide the Replacement Cost Estimator. | Reviewer Comment (2026-03-12): RCE provided Reviewer Comment (2026-03-11): The same HOI policy was provided that was in file at time of review. Coverage of the loan amounts are not sufficient. Guidelines follow [redacted] with [redacted]% of insured amount. Estimated cost new not provided nor RCE. Coverage is short by $[redacted]. Buyer Comment (2026-03-11): HOI COVERAGE IS SUFFICIENT TO COVER BOTH LIENS Buyer Comment (2026-03-11): The dwelling coverage is $[redacted] per the policy. The requirement is $[redacted] and $[redacted] for total required coverage of $[redacted]. There is no shortfall here. Buyer Comment (2026-03-11): HOI Buyer Comment (2026-03-11): HELOC DISCLOSURES |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190992 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-03-02): Client elects to waive Reviewer Comment (2026-02-26): The HELOC disclosures does not clear this condition. The fees on the HELOC Agreement do not match the fees on the settlement statement. Buyer Comment (2026-02-25): HELOC DISCLOSURES |
03/02/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190993 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Buyer Comment (2026-03-24): Attached Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Buyer Comment (2026-03-17): CURE Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. Buyer Comment (2026-03-13): HELOC DOCS |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190994 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190995 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA DF PPP exception
cured through removal of prepayment penalty with LOE, Corrected Note, and
proof of delivery. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | VA | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190996 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190997 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190998 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-12): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. Buyer Comment (2026-03-12): HELOC DOCS |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36190999 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA points and fees
exception cured through removal of prepayment penalty with LOE, Corrected
Note, and proof of delivery. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | VA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36191000 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. | Reviewer Comment (2026-03-25): HOEPA exceptions cured. Reviewer Comment (2026-03-18): Received the updated HELOC agreement removing PPP/early termination fee, LOE to borrower and mailing label which reflects in transit. However, there should be only one Note in file. The corrected HELOC agreement at the top of page [redacted] needs to reflect "Corrected and modified to replace the original signed on (enter in date or original signed HELOC agreement)." Reviewer Comment (2026-03-13): The initial HELOC disclosures do not cure this condition. Please review the original condition. Page [redacted] of the HELOC Agreement indicates that there will be a early termination fee equal to [redacted]% of the line limit if account is terminated within [redacted] months of the agreement date. As this loan is subject to HOEPA, a [redacted]% PPP exceeds the maximum of [redacted]% amount prepaid, the PPP is considered high cost and amount is included in HOEPA fee test. Undiscounted rate missing. Agree HOEPA fees exceed [redacted]%. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 192 | 36191001 | Credit | Guideline | Guideline Issue | Guideline | More than [redacted] NSFs/Overdraft Transfers occurred in the most recent [redacted]-month period. | Excessive NSFs (greater than [redacted] every [redacted] months) on the bank statements may cause the loan to be ineligible. ([redacted]) | Reviewer Comment (2026-03-12): Per client email, the
banking policy noted on [redacted] is an assumption and only NSF's are
referred their guidelines. The statement also differentiates between NSF and
OD's so that would indicate they are not the same thing. Requested clearance.
Total actual NSF's on bank statements are [redacted]. The other [redacted]
are OD's. Reviewer Comment (2026-03-03): In banking policy, if you have no linked account, your bank will typically reject the check, ACH payment, or transaction, resulting in an NSF fee. Buyer Comment (2026-03-02): No additional account is needed... nothing in the guides speaks to that. There were not [redacted] NSF Reviewer Comment (2026-03-02): The income worksheet also reflects these as NSF's as well as if the borrower did not have a linked account to cover the overdrafts, this would be considered NSF's. Buyer Comment (2026-03-02): NSF and OD are not treated the same. Client only had [redacted] NSF. Please clear |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | D | B | C | A | C | B | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191010 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-03): elects to waive Reviewer Comment (2026-03-03): An updated HELOC agreement was provided, however fees still do not match. Further an updated page attached to the already executed document is not allowed. Client can elect to waive as an EV2/B. Buyer Comment (2026-03-03): see attached Reviewer Comment (2026-02-26): Corrected settlement statement provided updating fee names, however fees are still mismatch from HELOC agreement. Client can elect to waive as an EV2/B. Buyer Comment (2026-02-25): see attached |
03/03/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191012 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. [redacted]st of taxes are delinquent and not paid. | Reviewer Comment (2026-02-23): Tax cert provided
reflecting delq taxes were paid [redacted] Buyer Comment (2026-02-20): see attached |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191014 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Mortgage Statement(s) not provided | Provide the current mortgage statement for the senior lien. Statement in file from XXXX is from [redacted] for $[redacted] and reported closed on the credit report. | Reviewer Comment (2026-03-06): Received and associated
current mortgage statement for the senior lien. Exception cleared. Buyer Comment (2026-03-04): see attached Reviewer Comment (2026-03-03): The mortgage statement provided is not for the subject property senior lien but for the REO property on [redacted]. Buyer Comment (2026-03-03): see attached |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191015 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | P&L program: < [redacted]% expense factor per P&L. Lender exception in file. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-02-12): Client elects to waive with
verified compensation factors |
02/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191016 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | [redacted] month housing history not provided for the properties on [redacted] and [redacted]. | Reviewer Comment (2026-02-24): Received and associated
Credit Report Supplemental for primary. Exception cleared. Buyer Comment (2026-02-20): see attached |
02/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191017 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Broker Fee) | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191018 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191019 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191020 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191021 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191022 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191023 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Pre-loan counseling requirements not met. | Broker fee listed on Final Closing Statement vs. Loan Origination Agreement on HELOC agreement. If fee name on final settlement statement is incorrect, provide the corrected final stamped settlement statement for re-testing. | Reviewer Comment (2026-02-26): Corrected settlement
statement provided updating fee names. Conditions no longer apply. Buyer Comment (2026-02-25): see attached |
02/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 193 | 36191024 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE not dated within [redacted] days prior to closing. Opencorp is not dated and additional documents are > [redacted] days. | Reviewer Comment (2026-02-23): Business search dated
within [redacted] days of closing provided. Buyer Comment (2026-02-20): see attached |
02/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191026 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-03): FTP provided |
03/03/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191027 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-03-04): See condtion Reviewer Comment (2026-03-03): Neither document clear this exception. Securitization requires an interior inspection. Buyer Comment (2026-03-02): PCI Buyer Comment (2026-03-02): AVMs |
03/04/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191028 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-03-03): FTP provided Buyer Comment (2026-03-02): Final Title Buyer Comment (2026-03-02): Final Settlement |
03/03/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191030 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement only in file | Reviewer Comment (2026-02-23): Final stamped settlement
statement provided Buyer Comment (2026-02-23): see attached |
02/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191031 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-03-24): Corrected final stamped
settlement statement provided updating fees correctly. Condition no longer
applies. Buyer Comment (2026-03-23): Attached |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | D | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191032 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-13): CLTV lower at [redacted]
[redacted] FICO Reviewer Comment (2026-03-05): The same documents were provided that were in file at time of review. This condition pertains to the HELOC agreement fees not matching the final settlement statement fees. This condition can be waived as-is as an EV2/B. Buyer Comment (2026-03-04): Heloc DOCS |
03/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191033 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-03-03): Disclosure tracking
provided reflecting disclosures mailed out [redacted] Buyer Comment (2026-03-02): This was in the initial package? |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191034 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-03-03): Gap report provided Buyer Comment (2026-03-02): [redacted] |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 194 | 36191035 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-03-03): Disclosure tracking
provided reflecting disclosures mailed out [redacted] Buyer Comment (2026-03-02): HELOC DISCLOSURES |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 195 | 36191038 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-04): elects to waive |
03/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 195 | 36191040 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The estimated settlement statement and disbursement statement reflect a disbursement date of [redacted] | Reviewer Comment (2026-03-05): Final stamped settlement
statement provided updating disbursement date. Rescission met. Buyer Comment (2026-03-04): see attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 195 | 36191041 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate in file | Reviewer Comment (2026-03-05): Final stamped settlement
statement provided Buyer Comment (2026-03-04): see attached |
03/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191042 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-02-24): FTP provided |
02/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191043 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-02-24): FTP provided Buyer Comment (2026-02-24): Final Title |
02/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191046 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file. | Reviewer Comment (2026-03-12): Corrected final stamped
settlement statement provided Buyer Comment (2026-03-11): Updated final settlement uploaded. Buyer Comment (2026-03-11): Final Settlement Statement Reviewer Comment (2026-03-04): Please review the the settlement statement uploaded. If this fee is the credit report fee that is reflected as such on the HELOC agreement, the settlement statement must be updated to say Credit Report Fee vs. Miscellaneous charges. Buyer Comment (2026-03-04): Broker Credit Buyer Comment (2026-03-04): The $[redacted] was for the broker's credit report, to XXX as noted on the actual settlement statement. I previously addressed this and identified it. Reviewer Comment (2026-03-04): The same final settlement statement was provided that was previously provided. If the Misc Charge is for the Credit Report fee, the fee name needs to be updated on the settlement statement / signed stamped certified. The document still reflects Miscellaneous Charge on under Lender Charges. Buyer Comment (2026-03-03): The uploaded should be good now. Buyer Comment (2026-03-03): Disregard my disregard comment, there is no misc fee on this copy. Buyer Comment (2026-03-03): Disregard the uploaded Settlement on [redacted] Buyer Comment (2026-03-03): Settlement Reviewer Comment (2026-02-24): The same final settlement statement was provided that was previously provided. If the Misc Charge is for the Credit Report fee, the fee name needs to be updated on the settlement statement / signed stamped certified. Buyer Comment (2026-02-24): The credit report invoice Buyer Comment (2026-02-24): final Settlement Reviewer Comment (2026-02-24): The final settlement statement provided reflects Mis Fee of $[redacted] paid to the Broker by the borrower. This fee is not on the HELOC agreement. If this is the credit report fee listed on the HELOC as $[redacted], provide the corrected and final stamped settlement statement. If not, then this will result in an under-disclosure of fees which would result in a refund cure to borrower and re-opening rescission. Buyer Comment (2026-02-23): Final Settlement |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191047 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title. Delinquent taxes due [redacted] not paid. | Reviewer Comment (2026-03-03): Clear FTP provided Buyer Comment (2026-03-02): Attached |
03/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191048 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The gap credit report or soft-pull is to be dated within [redacted] days of the note date. | Reviewer Comment (2026-02-24): Gap report provided Buyer Comment (2026-02-23): [redacted] Buyer Comment (2026-02-20): [redacted] |
02/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191049 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on Final Settlement Statement do not match HELOC agreement. | Buyer Comment (2026-03-03): Credit Score [redacted] Residual income is $[redacted] |
03/03/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 196 | 36191050 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The FTP provided does not have the PUD endorsement checked. | Reviewer Comment (2026-03-10): Email from title with
updates provided Buyer Comment (2026-03-10): Attached Reviewer Comment (2026-03-03): The correct and incorrect FTP's are dated and time stamped the same. Provide evidence of which was provided last (i.e. email from title with updates). Buyer Comment (2026-03-02): Please reference other title condition Reviewer Comment (2026-02-24): FTP provided post-review |
03/10/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191053 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection. | Borrower has owned the subject property for at least [redacted]
years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-05): Client elects to waive Buyer Comment (2026-03-05): Please waive this condition. File meets our matrix and is not securitized Reviewer Comment (2026-02-27): The attestation does not clear this condition. Securitization requires an interior inspection. [redacted] can waive as an EV2/B. Buyer Comment (2026-02-26): Attached |
03/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191054 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-03-24): Corrected final stamped
settlement statement provided itemizing fees. Condition no longer applies. Buyer Comment (2026-03-23): see attached Reviewer Comment (2026-03-23): The Settlement Statement provided reflects the loan origination fee of $[redacted] now vs. $[redacted]. If this is the Underwriting fee, provide the amended stamped final settlement statement. Buyer Comment (2026-03-20): see attached Reviewer Comment (2026-03-19): If the loan origination fee encumbers multiple fees, then this needs to be separated out on the final stamped settlement statement. Buyer Comment (2026-03-18): The HELOC agreement separates the loan origination fee of UW fee $[redacted] and Doc Prep Fee $[redacted] or total $[redacted] Reviewer Comment (2026-03-18): The attached does not clear this condition. Please see comments from [redacted]. There was a loan origination fee of $[redacted] charged on the settlement statement that was not disclosed on the HELOC agreement. Buyer Comment (2026-03-17): Attached Reviewer Comment (2026-03-06): The same final stamped settlement statement was provided that was in file at time of review. There was a loan origination fee of $[redacted] charged on the settlement statement that was not disclosed on the HELOC agreement. Buyer Comment (2026-03-05): Attached |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191055 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-20): Ev[redacted]- per [redacted]
ok to waive Reviewer Comment (2026-03-19): The attached does not clear this condition. Condition pertains to the fees on the HELOC agreement to not match the Settlement Statement Buyer Comment (2026-03-18): see attached |
03/20/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191056 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191057 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191058 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Reviewer Comment (2026-03-19): HOEPA Prepay remediation:
[redacted] received corrected HELOC Agreement lowering prepayment penalty to
[redacted]% with LOE and proof of delivery. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191059 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191060 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191061 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191062 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-03-19): HOEPA Prepay remediation:
[redacted] received corrected HELOC Agreement lowering prepayment penalty to
[redacted]% with LOE and proof of delivery. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191063 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-03-19): HOEPA exceptions cured. Buyer Comment (2026-03-18): see attached Reviewer Comment (2026-03-18): Received LOE to borrower, HELOC agreement reducing PPP/early termination fee to [redacted]% and mailing label. Tracking reflects label created. Must reflect at minimum in transit. Further, there should only be [redacted] note in file. The HELOC agreement at the top of page [redacted] should reflect "Corrected and modified to replace the original signed on (insert date original HELOC agreement was signed)". |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191065 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Notice of Right to Cancel Missing | Truth in Lending Act: Notice of Right to Cancel was not provided. | Reviewer Comment (2026-03-12): RTCs provided Buyer Comment (2026-03-12): see attached |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 197 | 36191066 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Provide the CTEC license verification/lookup. | Reviewer Comment (2026-02-27): [redacted] license lookup
provided Buyer Comment (2026-02-26): Attached |
02/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 198 | 36191070 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-03-06): Final stamped settlement
statement provided Buyer Comment (2026-03-05): Attached |
03/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 198 | 36191071 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Provide evidence of SE verification within [redacted] days prior to closing. CPA letter > [redacted] days old and internet search does not have a pull date. | Reviewer Comment (2026-03-06): Dated entity search
provided Buyer Comment (2026-03-05): Attached |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191074 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | The disclosure tracking reflects the disclosures were sent to the borrower on [redacted] prior to their consent on [redacted]. Disclosures cannot be sent prior to consent. | Reviewer Comment (2026-02-20): Disclosure tracking
reflects mailed out [redacted] Buyer Comment (2026-02-20): See attached |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191075 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The disclosure tracking reflects the disclosures were sent to the borrower on [redacted] prior to their consent on [redacted]. Disclosures cannot be sent prior to consent. | Reviewer Comment (2026-02-20): Disclosure tracking
reflects mailed out [redacted] |
02/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191076 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Buyer Comment (2026-03-25): Attached Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted]. Buyer Comment (2026-03-24): Attached |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191077 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] Reviewer Comment (2026-03-17): The initial disclosures do not clear this condition. This condition pertains to [redacted]/[redacted] which most likely is a result of the [redacted]% PPP/early termination fee. Buyer Comment (2026-03-16): HELOC |
03/25/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CT | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191078 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191079 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191080 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191081 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191082 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 199 | 36191083 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | The actual HELOC agreement signed by the borrower reflects a [redacted]% early termination/PPP. | Reviewer Comment (2026-03-25): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-25): The corrected HELOC agreement reflects ....replace original signed [redacted]...which is a further date. Further, the loan closed [redacted]. Provide the corrected and signed HELOC agreement, LOE to borrower and proof of mailing. Cure deadline [redacted] |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 200 | 36191084 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-05): FTP provided |
03/05/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 200 | 36191086 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence of the P&I for $[redacted]/month on the second lien with [redacted]. If a new lien, provide the first payment letter or Final CD. If not a new lien, provide the statement and [redacted] month housing history. | Reviewer Comment (2026-03-12): Received and associated
[redacted] Payment Letter and Closing Disclosure. Exception cleared. Buyer Comment (2026-03-10): see attached Reviewer Comment (2026-03-05): Per the original condition, provide evidence of the P&I for $[redacted]/month on the [redacted] lien with [redacted]. If a new lien, provide the [redacted] payment letter or Final CD. If not a new lien, provide the statement and [redacted] month housing history. Buyer Comment (2026-03-04): what document is needed to clear this condition |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 200 | 36191087 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | Verification of SE was not verified within [redacted] days prior to closing. The SOS in file does not have a pull date. | Reviewer Comment (2026-03-05): Dated [redacted] provided
within [redacted] days prior to closing Buyer Comment (2026-03-04): see attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 200 | 36191088 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title policy. Delinquent taxes on title not paid due [redacted]. | Reviewer Comment (2026-03-05): Clear FTP provided Buyer Comment (2026-03-04): see attached |
03/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 201 | 36191091 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the clear title. Delinquent taxes on title and tax cert not paid due [redacted]. | Reviewer Comment (2026-02-18): Tax cert provided
reflecting taxes paid Buyer Comment (2026-02-17): see attached |
02/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 202 | 36191095 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file. | Reviewer Comment (2026-03-06): Final stamped settlement
statement provided Buyer Comment (2026-03-05): see attached |
03/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 202 | 36191096 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | The disclosure tracking reflects disclosures were sent on [redacted] which is prior to consent on [redacted]. Disclosures cannot be sent prior to consent. | Reviewer Comment (2026-03-06): Disclosure tracking
provided reflects disclosures mailed on [redacted] |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 202 | 36191097 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | The disclosure tracking reflects disclosures were sent on [redacted] which is prior to consent on [redacted]. Disclosures cannot be sent prior to consent. | Reviewer Comment (2026-03-06): Disclosure tracking
provided reflects disclosures mailed on [redacted] |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 203 | 36191117 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-06): FTP provided |
03/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 203 | 36191119 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-03-06): Final stamped settlement
statement provided Buyer Comment (2026-03-05): Please see the attached Statement |
03/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 203 | 36191120 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title Policy: City [redacted] | Reviewer Comment (2026-03-06): FTP provided Buyer Comment (2026-03-05): Please see the attached Final Title Policy |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 203 | 36191121 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on settlement statement do not match HELOC agreement | Buyer Comment (2026-03-05): EV [redacted] |
03/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191124 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection. | Buyer Comment (2026-03-03): EV [redacted] |
03/03/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191125 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-03-15): RCE provided Buyer Comment (2026-03-13): The Insurance agent said the one that is attached here is the correct RCE. Please advise if not. Buyer Comment (2026-03-13): Please see the attached HOI Buyer Comment (2026-03-13): Please see the RCE Reviewer Comment (2026-03-09): The same HOI was provided that was in file at time of review. The policy is a replacement cost policy but does not reflect the replacement cost estimated. The $[redacted] is the special (including theft) coverage. Buyer Comment (2026-03-09): Please see the attached updated HOI with the RCE |
03/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191127 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-04): Final stamped settlement
statement provided Buyer Comment (2026-03-03): Please see the attached Final HUD |
03/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191128 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | PCI address reflects S [redacted] as the address vs. all other documents which do not. | Reviewer Comment (2026-03-11): Updated PCI provided Buyer Comment (2026-03-11): Please see the attached PCI showing the correct property address Buyer Comment (2026-03-10): Attached |
03/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191129 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Estimated HUD1 (Loan Origination Fee) | HELOC Agreement does not reflect the $[redacted] loan origination fee charged on the Settlement Statement | Reviewer Comment (2026-03-13): Updated final stamped
settlement statement provided. Condition no longer applies. Buyer Comment (2026-03-12): Please see the attached Amended Final HUD. The loan origination fee includes the UW fee of $[redacted] and Doc prep fee of $[redacted] for the Total of $[redacted] . |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 204 | 36191130 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement do not match Settlement Statement | Reviewer Comment (2026-03-13): Updated final stamped
settlement statement provided Buyer Comment (2026-03-09): EV [redacted] |
03/13/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191132 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-03-06): FTP provided |
03/06/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191133 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-06): FTP provided |
03/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191135 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-09): Final stamped settlement
statement provided Buyer Comment (2026-03-06): Please see the attached Final HUD. |
03/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191136 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | City [redacted] | Reviewer Comment (2026-03-06): The HELOC Agreement has
both cith names and the client accepts. |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191137 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | City [redacted] | Reviewer Comment (2026-03-06): The HELOC Agreement has
both cith names and the client accepts. |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 205 | 36191138 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal and CDA: City [redacted] | Reviewer Comment (2026-03-06): The HELOC Agreement has
both cith names and the client accepts. |
03/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | C | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191139 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection. | Buyer Comment (2026-03-16): loan is not to be securitized
-ok to waive |
03/16/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191141 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Coverage shortfall $[redacted]. Provide the RCE. | Reviewer Comment (2026-03-23): RCE provided Buyer Comment (2026-03-22): see attached |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191144 | Credit | Guideline | Guideline Issue | Guideline | More than [redacted] NSFs/Overdraft Transfers occurred in the most recent [redacted]-month period. | Client exception in file for excessive NSF's ([redacted]). | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-03): Client elects to waive with
verified compensation factors |
03/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191145 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Initial - Lender's is incomplete | The initial [redacted] is not executed by the LO. | Reviewer Comment (2026-03-17): Executed [redacted]
provided Buyer Comment (2026-03-16): see attached |
03/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191146 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per the CPA letter, the borrower's business was suspended and reinstated on [redacted]. The business used to qualify must be open and active for [redacted] years. It is not known when the suspension started. A business cannot legally conduct business while suspended. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-17): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-16): see attached |
03/17/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 206 | 36191147 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The final settlement statement in file is not signed or stamped certified. | Reviewer Comment (2026-03-17): Final stamped settlement
statement provided Buyer Comment (2026-03-16): see attached |
03/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 207 | 36191158 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-03-04): Not securitizing EV2 -per
[redacted] ok to waive |
03/04/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 207 | 36191159 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-04): Final stamped settlement
statement provided Buyer Comment (2026-03-04): see attached |
03/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 207 | 36191160 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-06): Ev[redacted] per [redacted] ok
to waive |
03/06/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 208 | 36191161 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-13): Final stamped settlement
statement provided Buyer Comment (2026-03-12): see attached |
03/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 208 | 36191162 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-03-13): Supplement provided Buyer Comment (2026-03-12): see attached |
03/13/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 208 | 36191165 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-12): ok to waive per [redacted] |
03/12/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 208 | 36191167 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. Gap report in file is not for our borrower. | Reviewer Comment (2026-03-13): Gap report provided Buyer Comment (2026-03-12): see attached |
03/13/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 209 | 36191170 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | The Settlement Statement reflects a Loan Origination fee of $[redacted] vs HELOC Agreement which reflects $[redacted]. | Reviewer Comment (2026-03-12): Final stamped settlement
statement provided updating fees. Condition no longer applies. |
03/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 209 | 36191171 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | HELOC Agreement and Settlement Statement fees do not match. | Buyer Comment (2026-03-16): Ev[redacted]- ok to wavie per
[redacted] |
03/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 209 | 36191173 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-03-12): Final stamped settlement
statement provided Buyer Comment (2026-03-11): see attached |
03/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 210 | 36191183 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match Final Settlement Statement | Buyer Comment (2026-03-17): ok to waive per [redacted] |
03/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 210 | 36191185 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-03-17): Received and associated
Title Final with title policy amount $[redacted]. Exception cleared. Buyer Comment (2026-03-17): see attached |
03/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 210 | 36191187 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-17): Received and associated
Title Final with title policy amount $[redacted]. Exception cleared. |
03/17/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191192 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191193 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191194 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Modified HELOC Agreement
executed by borrower reducing the prepayment penalty to [redacted]% of amount
prepaid - under the HOEPA prepay threshold limit. Loan is no longer
high-cost. |
03/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191195 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100) | High-Cost Mortgage (Dodd-Frank [redacted]) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $[redacted] tolerance. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191196 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191197 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191198 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 211 | 36191199 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | HELOC agreement reflects a PPP of [redacted]% | Reviewer Comment (2026-03-24): Cure provided to revise
prepay from [redacted]% to [redacted]% which brings both points and fees and
prepay under HOEPA thresholds. Reviewer Comment (2026-03-17): The initial disclosures does not clear this condition. These are [redacted]/[redacted] violations most likely resulting from the [redacted]% PPP/early termination fee. Buyer Comment (2026-03-16): HELOC |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 212 | 36191202 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-03-17): Please waive with comp
factors |
03/17/2026 | No | 2 | A | A | A | A | A | A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 212 | 36191204 | Credit | Guideline | Guideline Issue | Guideline | Borrower has greater than [redacted]x[redacted] mortgage late and not allowable per guidelines. | No mortgage lates in the last [redacted] months and max [redacted]x[redacted] in the past [redacted] months inclusive of all mortgages and all REO for all borrowers on the transaction. Borrower [redacted]x[redacted]x[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-18): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-17): Exception Buyer Comment (2026-03-17): The max was a [redacted]x[redacted] in the most recent [redacted] months. Exception uploaded for that. |
03/18/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 212 | 36191205 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file. | Reviewer Comment (2026-03-18): Final stamped settlement
statement provided Buyer Comment (2026-03-17): FINAL Settlement |
03/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 212 | 36191206 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE not provided for business dated within [redacted] days prior to closing. OpenCorp is not dated and has a Cookie Text Box over data on document. | Reviewer Comment (2026-03-18): Updated and dated OpenCorp
provided Buyer Comment (2026-03-17): FINAL WVOE |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191208 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Reviewer Comment (2026-03-25): DOT provided Buyer Comment (2026-03-24): Attached |
03/25/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191211 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-03-24): Lender attestation provided
stating CDA was provided for this transaction. Requested clearance. Buyer Comment (2026-03-24): Attached Reviewer Comment (2026-03-23): As noted on [redacted], an attestation must be provided for the file confirming if the CDA was completed for this transaction. [redacted] comments are not acceptable. Buyer Comment (2026-03-20): Appraisal was completed for a previous loan that was for the subject property The broker [redacted] 'd the previous underwrite and restarted the loan. Both appraisal and CDA were completed for this property. Buyer Comment (2026-03-19): This CDA for this property was completed in the appropriate time frame. The initial loan was cancelled, and the loan was restarted at the request of the broker Reviewer Comment (2026-03-19): The same CDA was provided that was in file at time of review. Provide an attestation that this CDA was obtained for this current transaction or a current date [redacted] valuation that supports the value within [redacted]%. Buyer Comment (2026-03-19): CDA |
03/24/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191213 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | The HELOC Agreement disclosed a Loan Discount Point fee and the Final HUD reflects Loan Origination Fee. | Reviewer Comment (2026-03-25): Corrected final stamped HUD
provided updating fee name. Condition no longer applies. |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191214 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement do not match Final HUD. | Reviewer Comment (2026-03-25): Client elects to waive |
03/25/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191215 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Line Limit discrepancy. | Note Line Limit of ___ is greater than Guideline Maximum Line Limit of ___. | Lender exception in file | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-11): Client elects to waive with
verified compensation factors |
03/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 213 | 36191216 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence property is free and clear. Property profile report reflects a lien of $[redacted] that is not on the credit report. | Reviewer Comment (2026-03-23): Extended property profile
report provided. $[redacted]K lien was not in the borrower's name and
[redacted] additional releases provided and noted on the property profile
report for the borrowers. Buyer Comment (2026-03-20): The lien release is in the documents I provided yesterday. Buyer Comment (2026-03-19): Both the credit report and the property profile show the lien release of the [redacted] loan last year [redacted]. Buyer Comment (2026-03-19): [redacted] Property Profile |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191220 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-03-23): Final stamped settlement
statement and Broker LOE provided stating borrower had C/O proceeds
transferred to another transaction. See new condition. Buyer Comment (2026-03-20): Please see the attached email from the Broker Buyer Comment (2026-03-20): Please see the attached updated Final Settlement Statement. [redacted], the email from the Broker noting that amount was for the cash proceeds. Borrowers requested funds be sent to another escrow company for a separate transaction will follow this attachment. [redacted], the attached Final Settlement Statement will also apply to Exception # [redacted]. Reviewer Comment (2026-03-18): The email does not state what it is? Is this proceeds to the borrower? Is this a debt that is being paid off as it is listed as revolving? If it is proceeds, then it is listed as a debt paid on the final settlement statement vs. cash proceeds and needs to be revised. Buyer Comment (2026-03-18): Please see the Final HUD/Settlement Statement |
03/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191221 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Estimated HUD1 (Broker Fee) | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. Buyer Comment (2026-03-20): You will see that Loan Origination for $[redacted] as listed on the HELOC Agreement is present on the Final Settlement Statement that was already uploaded. Reviewer Comment (2026-03-18): The email does not state what it is? Is this proceeds to the borrower? Is this a debt that is being paid off as it is listed as revolving? If it is proceeds, then it is listed as a debt paid on the final settlement statement vs. cash proceeds and needs to be revised. Buyer Comment (2026-03-18): See the attached email from the borrower that the item listed on the Final Settlement Statement from [redacted] is the wiring instructions. Also, the stamped Final Settlement Statement was uploaded under Exception # [redacted] Reviewer Comment (2026-03-17): The final stamped settlement provided reflects payoff of a revolving (buyer) to [redacted] for $[redacted]. This is not documented in file. If this is the cash to borrower, provide the updated stamped settlement statement. If not, provide evidence of what this is. Buyer Comment (2026-03-16): Please see the attached Final HUD. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191222 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-18): EV [redacted] |
03/18/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191223 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191224 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100) | High-Cost Mortgage (Dodd-Frank [redacted]) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $[redacted] tolerance. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191225 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191226 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191227 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191228 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-03-23): Corrected final stamped
settlement statement provided correcting fee name along with broker LOE on
proceeds provided. Condition no longer applies. |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 214 | 36191229 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per LOE from broker and corrected settlement statement provided post review, proceeds for this transaction were transferred to another transaction for the borrower. No other transactions were disclosed on the [redacted]. If this is a new purchase, provide the documentation to support this. | Reviewer Comment (2026-03-24): HUD and purchase contract
provided for purchase of land along with client LOE noting proceeds
transferred from this transaction are for this land purchase. Added taxes and
HOA to ratios to be conservative. Purchase contract and HUD reflect in the
name of a business but PC signed by borrower. |
03/24/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 215 | 36191233 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match Final HUD | Buyer Comment (2026-03-17): EV [redacted] |
03/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417298 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide the RCE. | Reviewer Comment (2026-03-18): RCE provided Buyer Comment (2026-03-17): Please see the attached RCE Reviewer Comment (2026-03-12): The RCE is from [redacted] ([redacted] years old). Provide a current RCE. Buyer Comment (2026-03-11): Please see the attached RCE |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417299 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match settlement statement | Buyer Comment (2026-03-16): EV [redacted] Reviewer Comment (2026-03-16): The initial disclosures do not clear this condition. Please review the original condition. Fees on HELOC agreement do not match settlement statement. Client can elect to waive as an EV2/B. Buyer Comment (2026-03-13): Please see the attached HELOC documents |
03/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417301 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Loan closed [redacted]. RTC was signed [redacted] with an expiration date of [redacted]. [redacted] days rescission not provided (disbursement date has no bearing on this as dates on RTC form must be accurate). | Reviewer Comment (2026-03-23): Letter of Explanation,
Proof of Delivery, and Re-open Rescission provided Reviewer Comment (2026-03-23): Delivery reflects received [redacted]. Cure can be completed [redacted] Buyer Comment (2026-03-20): See the attached tracking from [redacted] Reviewer Comment (2026-03-18): Received RTC forms, LOE to borrower and mailing label. Tracking reflects in transit. Must reflect delivered to ensure a new [redacted] day rescission was provided. In addition, cure cannot be granted until new rescission period ends. Buyer Comment (2026-03-17): See the attached cure letter Buyer Comment (2026-03-17): See the attached label Buyer Comment (2026-03-17): Please see the attached RTC |
03/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417302 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Discount Fee) | HELOC Agreement reflects Loan Discount fee of $[redacted] vs. final closing statement which reflects $[redacted]. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. Buyer Comment (2026-03-16): Please see the attached Final HUD |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417303 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417304 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417305 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417306 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417307 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417308 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 216 | 36417309 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | HELOC Agreement reflects Loan Discount fee of $[redacted] and Loan Origination fee of $[redacted] vs. final closing statement which reflects loan discount fee of $[redacted] and no Loan Origination fee. Fees tested based off higher disclosed amounts. | Reviewer Comment (2026-03-17): Corrected certified
settlement statement provided. Condition no longer applies. |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | B | C | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417310 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-13): Final stamped settlement
statement provided Buyer Comment (2026-03-13): Please see the attached, updated Final HUD Reviewer Comment (2026-03-10): The document provided is not a final as it reflects a closing date of [redacted] and disbursement date of [redacted]. The loan closed [redacted]. Buyer Comment (2026-03-09): Please see the attached Final HUD. |
03/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417311 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-06): FTP provided |
03/06/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417312 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | Reviewer Comment (2026-03-06): FTP proivded Buyer Comment (2026-03-06): Please see the attached Final Title Policy with the corrected loan amount |
03/06/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417314 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No [redacted] valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-03-09): [redacted] current AVM's
provided. See new condition. Buyer Comment (2026-03-09): Please see the other attached AVM Buyer Comment (2026-03-09): Please see the attached updated AVM |
03/09/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417315 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | Does not reflect current lender mortgagee + ISAOA | Reviewer Comment (2026-03-27): Updated HOI provided Reviewer Comment (2026-03-27): The updated policy provided for [redacted] reflects increase coverage however reflects Units [redacted] in the address as well as the [redacted] is still not reflected on the dwelling policy (only on Cert of Liability). Reviewer Comment (2026-03-26): The policy provided is not for the subject property. Subject is [redacted] vs. [redacted]. Buyer Comment (2026-03-26): Updated HOI Reviewer Comment (2026-03-11): The Cert of Liability is not the dwelling HOI coverage nor blanket coverage. The Dwelling HOI coverage does not have [redacted] still, had reduced coverage of $[redacted] which is insufficient, and reflects Unit [redacted] in the address which all other documents do not. Buyer Comment (2026-03-10): Please see the attached HOI with the lender mortgagee + [redacted] |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417316 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - ___ | Provide evidence property is free and clear. Property profile report reflects a lien not on credit. | Reviewer Comment (2026-03-09): LOE notes property
[redacted] is part of [redacted]-[redacted]. Lien encumbers both properties.
Part of a purchase lot of [redacted]. Liens on property profile reports match
each other and APN is [redacted] number off and reflects part of the lots
purchased. [redacted] lien encumbering all documented in file. |
03/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 217 | 36417317 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Appraisal from prior transaction provided. [redacted] or more [redacted] valuations with effective date less than [redacted] months past note date provided to support value. [redacted] [redacted] provided which does not support value. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-03-09): EV [redacted] Reviewer Comment (2026-03-09): Client can elect to waive as an EV2/B. |
03/09/2026 | No | 2 | A | A | A | B | CA | Investment | Refinance - Cash-out - Other | D | B | C | A | D | A | A | B | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417318 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-03-26): FTP provided |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417319 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-28): Waived |
04/28/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417320 | Credit | Title | Document Error | Title | The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-03-26): FTP provided Buyer Comment (2026-03-25): Attached |
03/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417322 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception to allow the use of ADU income on the subject property built in [redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-10): Client elect to waive with
verified compensation factors |
03/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417323 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-26): Final stamped settlement
statement provided Buyer Comment (2026-03-25): Attached |
03/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417324 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal and CDA: [redacted]-[redacted] vs [redacted]. | Reviewer Comment (2026-03-31): Corrected CDA provided Buyer Comment (2026-03-30): Attached Reviewer Comment (2026-03-27): Received corrected appraisal. Pending receipt of corrected CDA. Buyer Comment (2026-03-26): Attached |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417325 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address [redacted] | Reviewer Comment (2026-04-29): Cleared. Received
additional HOI policy. Buyer Comment (2026-04-23): [redacted] hoi policy Buyer Comment (2026-04-23): There are [redacted] HOI Polices one for the main building and one for the adu. Uploaded both for review. Reviewer Comment (2026-04-10): The same HOI was provided that was in file at time of review. The address is [redacted]-[redacted] vs [redacted]. Buyer Comment (2026-04-10): see attached |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417326 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | Address [redacted] | Reviewer Comment (2026-03-31): Corrected flood cert
provided Buyer Comment (2026-03-31): Attached |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417327 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. | A [redacted] year average of OT was not utilized. Lender qualified off of YTD / [redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-27): Client elects to waive with
verified compensation factors |
03/27/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417328 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Final is incomplete | [redacted]: Address [redacted] | Reviewer Comment (2026-03-31): Corrected [redacted]
provided Buyer Comment (2026-03-30): attached |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 218 | 36417329 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The borrower's name mailing address on the HELOC Agreement reflects [redacted]-[redacted] vs [redacted]-[redacted]. | Reviewer Comment (2026-04-07): A corrected HELOC Agreement
was provided. Buyer Comment (2026-04-02): Attached Reviewer Comment (2026-03-31): The same HELOC Agreement was provided that was in file at time of review. Please review original condition. The borrower's name mailing address on the HELOC Agreement reflects [redacted]-[redacted] vs [redacted]-[redacted] (page[redacted], under Borrower's Name and Address). The corrected HELOC agreement must reflect Corrected at the top, along with LOE to borrower and evidence of delivery to the borrower. Buyer Comment (2026-03-30): Attached |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 219 | 36417332 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Disclosure in file is not within [redacted] days of application. Evidence of earlier receipt not provided. | Reviewer Comment (2026-03-31): Initial disclosure tracking
was provided. Reviewer Comment (2026-03-30): The earlier disclosure is dated [redacted]. The application date is [redacted]. Disclosures not provided within [redacted] days of application date. Buyer Comment (2026-03-30): see attached |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 219 | 36417333 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Disclosure in file is not within [redacted] days of application. Evidence of earlier receipt not provided. | Reviewer Comment (2026-03-31): Initial disclosure tracking
was provided. Reviewer Comment (2026-03-30): The earlier disclosure is dated [redacted]. The application date is [redacted]. Disclosures not provided within [redacted] days of application date. Buyer Comment (2026-03-30): see attached |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 219 | 36417334 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | [redacted] income: Provide [redacted] YTD paystubs or bank statements that support the income. Paystubs in file are from [redacted] and loan closed [redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has worked in the same position for more than [redacted] years. The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least [redacted]%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-07): The client elects to
waive. Buyer Comment (2026-04-02): see attached Reviewer Comment (2026-04-01): As noted on [redacted], the within [redacted] day requirement for the YTD documentation for the [redacted] program is not in the HELOC guidelines. Different requirements are noted. Please review Section [redacted], page [redacted], of the [redacted] HELOC guidelines. Buyer Comment (2026-03-31): The pay stub is dated [redacted]--[redacted] to [redacted]-[redacted]-[redacted]. So it expired [redacted]-[redacted]-[redacted]. Looks like they closed on [redacted]-[redacted]-[redacted] so that's still within [redacted] days. Reviewer Comment (2026-03-30): The same paystubs were provided that were in file at time of review. The comments from the lender on [redacted] are not guidelines in the HELOC guidelines. HELOC guidelines state under Section [redacted] page [redacted] [redacted]: [redacted] most recent paystubs or bank statements required to support continuance of income for each [redacted] source utilized for qualification (e.g. if borrower provided [redacted] forms from [redacted] separate sources, then a separate paystub/bank statement deposit must be provided from each of the [redacted] [redacted] sources to support current receipt). One bank account may be used if continuance of income from all [redacted] sources are sourced in that single bank account. Buyer Comment (2026-03-30): Proof of receipt of income is required in the form of the most recent [redacted]-days of paystubs |
04/07/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 220 | 36417337 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match Settlement Statement | Buyer Comment (2026-03-27): ok to waive per [redacted] |
03/27/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 220 | 36417339 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Final is incomplete | The current housing and dec page is blank for [redacted]. Further, the CPA states both borrower and co-borrower own the business used to qualify. Update the [redacted] for borrower's with the correct [redacted] history/income. | Reviewer Comment (2026-03-31): Corrected [redacted]'s
provided Buyer Comment (2026-03-30): Attached Reviewer Comment (2026-03-30): The [redacted] was corrected for [redacted] to include the current housing, however, the [redacted]'s for both borrower's were not updated to reflect the current SE/income. Per the CPA, both borrower's own the business used to qualify. The UW making notes on the [redacted] does not clear the updated [redacted] condition. Buyer Comment (2026-03-27): Attached Buyer Comment (2026-03-27): UW advised uploaded comments on [redacted] regarding income |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 221 | 36417341 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-03-18): Ev[redacted]- loan is not to
be securitized ok to waive |
03/18/2026 | No | 2 | A | A | A | A | A | A | B | B | MA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 221 | 36417344 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The Final HUD reflects a disbursement date of [redacted] which is prior to the RTC expiration date of [redacted]. If the disbursement date on the Final HUD is incorrect, provide the final stamped settlement statement to support. | Reviewer Comment (2026-03-19): Corrected final stamped
settlement statement provided. Rescission met. Buyer Comment (2026-03-19): see attached |
03/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 222 | 36417348 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated only in file | Reviewer Comment (2026-03-26): Final stamped settlement
statement provided Buyer Comment (2026-03-25): final settlement |
03/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 222 | 36417349 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on settlement statement do not match HELOC agreement | Reviewer Comment (2026-03-26): Final stamped settlement
statement provided with fee updates. Condition no longer applies. Buyer Comment (2026-03-25): HELOC DISCLOSURES |
03/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417351 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Reviewer Comment (2026-03-26): [redacted] provided Buyer Comment (2026-03-25): Guarantee Reviewer Comment (2026-03-24): Corrected Note provided with AKA. However, [redacted] still has the incorrect loan amount. Reviewer Comment (2026-03-18): The same Guarantor Cert was provided that was provided on [redacted]. Please review comments from [redacted]: The Guarantor Agreement provided does not have the correct loan amount nor AKA address of [redacted]-[redacted] Buyer Comment (2026-03-18): Guarantor Doc Reviewer Comment (2026-03-17): The Guarantor Agreement provided does not have the correct loan amount nor AKA address of [redacted]-[redacted] Buyer Comment (2026-03-16): Guarantor DOC |
03/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417354 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title Policy: Address [redacted] | Reviewer Comment (2026-04-01): Received corrected
[redacted], LOE to borrower, Lender's LOI and evidence of delivery to the
borrower. Reviewer Comment (2026-03-24): Received corrected and executed DOT and Note updating AKA to [redacted]-[redacted]. Pending receipt of updated and corrected [redacted], LOE to borrower, evidence of delivery to borrower and lender's letter of intent to re-record. Buyer Comment (2026-03-23): Corrected docs for multiple conditions |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417355 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal & CDA: Address [redacted] | Reviewer Comment (2026-04-01): Received corrected
[redacted], LOE to borrower, Lender's LOI and evidence of delivery to the
borrower. Reviewer Comment (2026-03-24): Received corrected and executed DOT and Note updating AKA to [redacted]-[redacted]. Pending receipt of updated and corrected [redacted], LOE to borrower, evidence of delivery to borrower and lender's letter of intent to re-record. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417356 | Credit | System | General | System | Flood Certificate Subject Address [redacted] | Address [redacted] | Reviewer Comment (2026-04-01): Received corrected
[redacted], LOE to borrower, Lender's LOI and evidence of delivery to the
borrower. Reviewer Comment (2026-03-24): Received corrected and executed DOT and Note updating AKA to [redacted]-[redacted]. Pending receipt of updated and corrected [redacted], LOE to borrower, evidence of delivery to borrower and lender's letter of intent to re-record. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417357 | Credit | Insurance | Insurance Analysis | Insurance | Insurance address does not match Note address. | Address [redacted] | Reviewer Comment (2026-04-01): Received corrected
[redacted], LOE to borrower, Lender's LOI and evidence of delivery to the
borrower. Reviewer Comment (2026-03-24): Received corrected and executed DOT and Note updating AKA to [redacted]-[redacted]. Pending receipt of updated and corrected [redacted], LOE to borrower, evidence of delivery to borrower and lender's letter of intent to re-record. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417358 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Settlement Statement: Address [redacted] | Reviewer Comment (2026-04-01): Received corrected
[redacted], LOE to borrower, Lender's LOI and evidence of delivery to the
borrower. Reviewer Comment (2026-03-24): Received corrected and executed DOT and Note updating AKA to [redacted]-[redacted]. Pending receipt of updated and corrected [redacted], LOE to borrower, evidence of delivery to borrower and lender's letter of intent to re-record. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417359 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted] liens not reporting on credit are not eligible. | Borrower has verified disposable income of at least
$[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-24): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-23): Please waive CLTV [redacted]% below max and over [redacted]+ residual income monthly Reviewer Comment (2026-03-18): The UW cert does not clear this condition. The guidelines require the senior lien to reported on credit. [redacted] can elect to waive with verified compensation factors. Buyer Comment (2026-03-18): The [redacted] lien is through the LLC and would not report on personal credit. Buyer Comment (2026-03-18): UW CERT for [redacted] lien |
03/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 223 | 36417360 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide the Operating Agreement and Cert of Good Standing for the Borrowing LLC. | Reviewer Comment (2026-03-24): COGS and OA provided Buyer Comment (2026-03-23): Attached |
03/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417362 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Buyer Comment (2026-04-02): see attached Reviewer Comment (2026-03-26): HELOC brochure does not clear this condition. Please review the original condition. Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) Buyer Comment (2026-03-25): HELOC DISCLOSURES |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417363 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement do not match Settlement Statement | Buyer Comment (2026-04-01): Ev[redacted]- per [redacted]
ok to waive |
04/01/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417365 | Compliance | Compliance | State Compliance | State Defect | [redacted] Interest and [redacted] Prepayment Penalty | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a loan originated on or after [redacted] [redacted], [redacted]. | Reviewer Comment (2026-04-02): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made expressly under Title
[redacted], Subtitle [redacted], any requirements under Subtitle [redacted]
(i.e., [redacted]-[redacted]) are not applicable. There are no further
restrictions/prohibitions found under the Revolving Credit Provisions within
[redacted]. Buyer Comment (2026-04-02): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417366 | Compliance | Compliance | State Compliance | State Defect | (State High Cost) Maryland Covered Loan (Points and Fees) | [redacted] Predatory Lending Law: Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Total Loan Amount. Points and Fees total $[redacted] on a Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-02): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | No obvious cure | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417367 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty [redacted] Lien | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a [redacted] lien loan. | Reviewer Comment (2026-04-02): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made expressly under Title
[redacted], Subtitle [redacted], any requirements under Subtitle [redacted]
(i.e., [redacted]-[redacted]) are not applicable. In order for the requirements of
[redacted]-[redacted] to apply, there
needs to be written election to make the loan under Subtitle [redacted] which
there is not. There are no further
restrictions/prohibitions found under the Revolving Credit Provisions within
[redacted]. Buyer Comment (2026-04-02): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417368 | Compliance | Compliance | State Compliance | State Defect | [redacted][redacted] Prepayment Penalty Test [redacted] | [redacted][redacted]: Mortgage loan contains an impermissible prepayment penalty. | Reviewer Comment (2026-04-02): Loan is being expressly
made under Title [redacted], Subtitle [redacted]. As a loan being made expressly under Title
[redacted], Subtitle [redacted], any requirements under Subtitle [redacted]
(i.e., [redacted]-[redacted]) are not applicable. There are no further
restrictions/prohibitions found under the Revolving Credit Provisions within
[redacted]. Buyer Comment (2026-04-02): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417369 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Initial Draw Amount discrepancy. | Note Initial Draw Amount of ___ is less than Guideline minimum Initial Draw Amount of ___. | Lender exception in file is for the loan amount vs. minimum draw amount. This is a separate exception. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-02): Client elects to waive with
verified compensation factors. Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417370 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-11): Client elects to waive with
verified compensation factors |
03/11/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417372 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417373 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417374 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417375 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417376 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417377 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417378 | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) Maryland Covered Loan (Counseling Disclosure Not Provided) | [redacted] Covered Loan: Home Counseling Disclosure to provide home buyer education was not provided to borrower. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 224 | 36417379 | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) Maryland Covered Loan (Counseling Agencies Not Provided) | [redacted] Covered Loan: Home Counseling a list of county approved agencies to provide home buyer education was not provided to borrower. | Closing Statement shows Discount Points fee $[redacted] paid by lender vs. HELOC Agreement reflects paid by borrower. File does not contain evidence of the undiscounted interest rate or the interest rate price. Need evidence of undiscounted/par rate and associated price in order to determine if discount points are bona fide and eligible for exclusion | Reviewer Comment (2026-04-02): Corrected and later dated
closing statement provided updating fees charged. Condition no longer
applies. Reviewer Comment (2026-04-02): Compliance Ease was provided but dos not reflect any undiscounted rate or price under Loan Information. Undiscounted rate just reflects % and undiscounted price $[redacted] Buyer Comment (2026-04-01): see attached |
04/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 225 | 36417382 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-03-23): Amended and final stamped
settlement statement provided updating and itemizing fees. Condition no
longer applies Buyer Comment (2026-03-19): Please see the updated Final Settlement Statement. Reviewer Comment (2026-03-19): If the loan origination fee encumbers additional fees, then this needs to be updated on the final settlement statement and stamped certified. Buyer Comment (2026-03-18): They separated out the fees -the Loan Origination fee from Final HUD $[redacted]quals the UW Fee $[redacted] and Doc Prep Fee $[redacted]. The HELOC has the loan origination fee that includes the following: UW Fee $[redacted] and Doc Prep Fee $[redacted] Reviewer Comment (2026-03-18): An updated settlement statement and same disbursement schedule was provided that was in file at time of review. Fees are compared to final settlement statement and HELOC agreement. The final settlement statement provided still reflects a loan origination fee charged to the borrower that is not on the HELOC agreement for $[redacted]. Buyer Comment (2026-03-17): Please see the attached HELOC Statement Buyer Comment (2026-03-17): Please see the attached final settlement statement |
03/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 225 | 36417383 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-17): EV [redacted] |
03/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 226 | 36417385 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match Settlement Statement | Buyer Comment (2026-03-17): EV2 -ok to waive per
[redacted] |
03/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 226 | 36417389 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | [redacted] party verification of [redacted] not provided within [redacted] days prior to closing. CPA > [redacted] days and OpenCorp is not dated. | Reviewer Comment (2026-03-18): Dated OpenCorp provided Buyer Comment (2026-03-17): see attached |
03/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 227 | 36417392 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Mismatch of data related to Occupancy. | - | Final [redacted] reflects Investment, however dec page reflects intent to occupy. Provide the corrected [redacted] and lender attestation on error. | Reviewer Comment (2026-04-01): Corrected [redacted] and
lender attesation on error provided Buyer Comment (2026-04-01): see attached Reviewer Comment (2026-03-27): The [redacted] does not clear this condition nor is the final [redacted] correct. Please review original condition and comments on [redacted] and refer to the Final [redacted] Dec Page: Final [redacted] reflects Investment, however dec page reflects intent to occupy. Provide the corrected [redacted] and lender attestation on error. Buyer Comment (2026-03-26): [redacted] Buyer Comment (2026-03-26): The final [redacted] is correct for investment. This property rents out via [redacted]. That documentation is in the package submitted. The HOI was updated and submitted as the agent made an error on the dec page. Reviewer Comment (2026-03-24): The HOI for the subject property does not clear this condition. Please review the original condition. Final [redacted] reflects Investment, however dec page reflects intent to occupy. Provide the corrected [redacted] and lender attestation on error. Buyer Comment (2026-03-23): RENTAL HOI Buyer Comment (2026-03-23): The insurance DEC page shows an investment - rent loss shows on the policy as well as the borrower's primary mailing address. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | B | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 227 | 36417393 | Compliance | Compliance | Federal Compliance | Missing Required Data (other than HUD-1 or Note) | Disparity in Occupancy - High Cost as Primary | The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence. (Compliance testing performed based on the Occupancy Type of Investment). If tested as primary residence, loan exceeds one or more high cost thresholds. | Initial [redacted] reflects [redacted] Home and Intent to Occupy on dec page; Final [redacted] reflects Investment, however dec page reflects intent to occupy. Provide the corrected [redacted] and lender attestation on error. | Reviewer Comment (2026-04-01): Corrected [redacted] and
lender attesation on error provided Buyer Comment (2026-04-01): see attached Reviewer Comment (2026-03-24): Provide the corrected [redacted] and lender attestation on error. |
04/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | B | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 227 | 36417394 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-04-16): Received and associated
Insurance Verification for [redacted]-[redacted]. Exception cleared. Buyer Comment (2026-04-14): Please see the attached noting that this is a [redacted]-unit Buyer Comment (2026-04-14): REO HOI pt [redacted] Reviewer Comment (2026-03-24): The HOI provided is for the subject property. The HOI requested is for [redacted]-[redacted]. Buyer Comment (2026-03-23): Taxes - [redacted]-[redacted] Buyer Comment (2026-03-23): HOI [redacted] |
04/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | B | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 227 | 36417395 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | Provide the transfer letter | Reviewer Comment (2026-04-01): Per client email, accepting
order form transfer as-is as they stated the lender noted this is their
transfer form. Requested clearance. Reviewer Comment (2026-03-24): The document provided is not a transfer letter. It is a request form for transfer letter. Buyer Comment (2026-03-23): EXPLANTION - TRANSFER Buyer Comment (2026-03-23): Transfer Letter |
04/01/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | C | A | B | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 228 | 36417398 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-04-28): Updated Document
provided. Buyer Comment (2026-04-27): see attached title supplement -supports loan amt $[redacted]k |
04/28/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 228 | 36417400 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-04-28): Received and associated Gap
Credit report. Exception Cleared Buyer Comment (2026-04-24): see attached |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 228 | 36417401 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Provide evidence the property is free and clear. The Fraud Report reflects a $[redacted] loan amount taken out on [redacted] not on the credit report. | Reviewer Comment (2026-04-29): The Annual Reverse Mortgage
Statement has been received and associated. A reverse mortgage ([redacted])
has no monthly payments. The loan balance grows over time and is due only
when the home is sold, the borrower moves out, or the borrower dies.
Principal and interest are not required. The borrower is still responsible
for property taxes and insurance. Exception Cleared Buyer Comment (2026-04-27): Loan is an annual reverse mortgage - see stmt attached. |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 230 | 36417406 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement do not match Settlement Statement | Buyer Comment (2026-03-25): EV2- ok to waive per
[redacted] |
03/25/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 230 | 36417410 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No [redacted] valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-04-22): Updated Valuation provided
with eff date of [redacted] Buyer Comment (2026-04-16): Attached Reviewer Comment (2026-03-26): A short form review and a CDA are the same product. They are both desk reviews. One does not cancel out the other. A higher tiered product will be required with a supported value (i.e. field review, [redacted]E, second appraisal). Buyer Comment (2026-03-26): That is why a desk review was provided. Reviewer Comment (2026-03-26): The CDA provided reflects a high value risk with a -[redacted]% difference from appraised value. Buyer Comment (2026-03-26): see attached |
04/22/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 231 | 36417414 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-03-31): Gap report provided Buyer Comment (2026-03-31): [redacted] |
03/31/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 231 | 36417415 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on the HELOC agreement do not match the final settlement statement | Buyer Comment (2026-03-31): Please waive with comp
factors. Reviewer Comment (2026-03-31): The HELOC Brochure does not clear this condition. Please review the original condition. Fees on the HELOC agreement do not match the final settlement statement Buyer Comment (2026-03-31): HELOC DOCS |
03/31/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 231 | 36417416 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Appraisal and CDA: City [redacted] | Reviewer Comment (2026-04-07): Updated appraisal
provided Buyer Comment (2026-04-07): See the attached appraisal Reviewer Comment (2026-04-07): Updated CDA provided. Pending receipt of updated appraisal. Buyer Comment (2026-04-05): Please see the attached CDA |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 232 | 36417417 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection. | Buyer Comment (2026-03-26): loan is not to be
securitized Buyer Comment (2026-03-26): Loan is not to be securitized- ok to waive |
03/26/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 232 | 36417420 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-26): Ok to waive per [redacted] |
03/26/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 232 | 36417422 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | HOA Error: HOA dues not provided. | Reviewer Comment (2026-03-27): HOA dues provided Buyer Comment (2026-03-27): Please see he attached HOA |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 232 | 36417423 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Initial Draw Amount discrepancy. | Note Initial Draw Amount of ___ is less than Guideline minimum Initial Draw Amount of ___. | Minimum draw amount per matrix is $[redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-30): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-28): see attached Reviewer Comment (2026-03-27): The exception does not cover this exception. This condition pertains to the minimum draw amount on the line vs. the minimum loan amount for the loan. Buyer Comment (2026-03-27): Please see the uploaded exception form which applies to Exception [redacted] |
03/30/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 232 | 36417424 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Minimum loan amount per matrix is $[redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-27): Client elects to waive with
verified compensation factors Buyer Comment (2026-03-27): The uploaded exception form for Exception # [redacted] applies Buyer Comment (2026-03-27): Please see the attached exception form with [redacted] comp factors |
03/27/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NV | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417427 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-03-30): loan is not to be
securitzed |
03/30/2026 | No | 2 | A | A | A | A | A | A | B | B | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417429 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-03-30): Gap report provided Buyer Comment (2026-03-30): see attached |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417430 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-15): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached Buyer Comment (2026-04-05): see attached and advise how to proceed Reviewer Comment (2026-03-30): The document provided is not signed or stamped certified by the title agent as well as the HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-03-30): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | D | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417431 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-03-30): ok to waive per [redacted] |
03/30/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417432 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417433 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417434 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417435 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417436 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417437 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). Buyer Comment (2026-04-08): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | D | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417438 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-04-22): Received final Closing
statement. Condition cleared. Buyer Comment (2026-04-21): see attached Reviewer Comment (2026-04-09): The same document was provided, but with a signature page. Please review the comments from [redacted]: The HUD still reflects a loan origination charge of $[redacted] to the Broker, one paid by the lender and the other by the borrower (cut off). |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 233 | 36417439 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE is > [redacted] days prior to closing. | Reviewer Comment (2026-03-30): Third party verification of
SE provided Buyer Comment (2026-03-30): see attached |
03/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OK | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417442 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-03-27): Please waive. |
03/27/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417443 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Minimum loan amount is $[redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-04-06): see attached Reviewer Comment (2026-04-01): Provide the approved exception by [redacted] with verified compensation factors Buyer Comment (2026-03-31): Exception was granted by the UW - Comp Factors are Residual Income and no derogatory Credit ever. |
04/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417444 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on HELOC Agreement under disclosed | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. Buyer Comment (2026-04-07): see attached |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417445 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement and fees on Settlement Statement do not match | Buyer Comment (2026-03-31): Waive with comp factors |
03/31/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417447 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417448 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417449 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417450 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417451 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. Reviewer Comment (2026-04-09): The compliance ease does not clear this. The loan fails HOEPA and HC due to the undisclosed fee issue. See condition. Buyer Comment (2026-04-08): this is not a high cost loan please clear condition |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417452 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-04-09): Corrected and final signed
settlement statement provided, later dated, updated to correct fees and
itemization of fees. Condition no longer applies. |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 234 | 36417453 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Initial Draw Amount discrepancy. | Note Initial Draw Amount of ___ is less than Guideline minimum Initial Draw Amount of ___. | Minimum draw amount is $[redacted] | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-04-06): see attached |
04/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417456 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Lender attestation was not provided if the CDA was obtained for this transaction. | Reviewer Comment (2026-04-09): Per client attestation, CDA
was obtained for this transaction. Requested clearance. Buyer Comment (2026-04-06): Please see the attached UW Cert |
04/09/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417458 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | The Final Settlement Statement has a disbursement date of [redacted] and the RTC expiration is [redacted]. If the disbursement date on the final settlement statement is incorrect. provide the corrected stamped settlement statement. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared Buyer Comment (2026-04-27): Attached Buyer Comment (2026-04-24): see attached |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417459 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Document Preparation Fee, Loan Discount Fee) | Reviewer Comment (2026-05-01): updated Reviewer Comment (2026-05-01): Exception remains. New Heloc agreement doesn't reflect any change. Fee mismatch has been noted between the HELOC Agreement and provided the Final Closing Statement. The HELOC Agreement reflects fees for Appraisal Transfer Review ($[redacted]) and Appraisal - [redacted] ($[redacted]); These fees are not disclosed on the Final Closing Statement. Lender Credit is reflected on the Final Closing Statement but is not disclosed on the HELOC Agreement. Buyer Comment (2026-04-30): Heloc Reviewer Comment (2026-04-30): Fee mismatch has been noted between the HELOC Agreement and provided the Final Closing Statement. The HELOC Agreement reflects fees for Appraisal Transfer Review ($[redacted]) and Appraisal - [redacted] ($[redacted]); These fees are not disclosed on the Final Closing Statement. Lender Credit is reflected on the Final Closing Statement but is not disclosed on the HELOC Agreement. |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417460 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC agreement do not match Settlement Statement | Buyer Comment (2026-04-21): Ev[redacted]- ok to waive per
[redacted] |
04/21/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417461 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) | Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417462 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417463 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417464 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417465 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417466 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 235 | 36417467 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-04-30): Final Closing statement
provided with updated disbursement date. Exception Cleared |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417470 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Securitization requires an interior inspection | Buyer Comment (2026-04-04): Ev[redacted] -loan is not to
be securitzed |
04/04/2026 | No | 2 | A | A | A | A | A | A | B | B | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417471 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fees on HELOC Agreement do not match Settlement Statement | Buyer Comment (2026-04-04): EV2- ok to waive per XXX |
04/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417473 | Compliance | Compliance | State Compliance | State Defect | (State High Cost Disclosure) New Jersey High-Cost Loan (Borrower Notice Not Provided) | [redacted] High-Cost Loan: Notice to Borrower not provided to borrower. | Undiscounted rate missing, which is needed to test discount points for possible exclusion. AVM fee paid to lender and no third party invoice in file. | Reviewer Comment (2026-04-21): Cure documentation
received. Buyer Comment (2026-04-14): see attached Reviewer Comment (2026-04-10): Per the compliance team, the undiscounted rate and price were applied and AVM updated to third party payee. However, the loan still fails [redacted] high cost. The violation was updated to $[redacted] overage. Cure provisions are below. There are [redacted] days left to cure. Within [redacted] days of closing, provide: ([redacted]) Letter of Explanation; ([redacted]) refund of amount over the covered loan threshold maximum (copy of check required); and ([redacted]) proof of mailing (must be in transit with courier). Reviewer Comment (2026-04-09): Providing the invoice for the AVM would not clear the condition, but only update the payee for the AVM. However, the UW below states $[redacted] was charged for the AVM, however the final settlement statement reflects $[redacted] was charged that is in file. In addition, we also need the undiscounted rate and price. The LOE uploaded states there is no true par rate and price, but what was provided " is close". This cannot be an estimate or a guess. We would need the actual undiscounted rate and undiscounted price for this loan in order to re-test to see if that alleviates the [redacted] conditions Buyer Comment (2026-04-06): [redacted]- requested invoice from AVM w/ [redacted] and will upload shortly |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417474 | Compliance | Compliance | State Compliance | State Defect | (State High Cost Provision) New Jersey High-Cost Loan (Counseling Requirement) | [redacted] High-Cost Loan: Proof of counseling from HUD-approved nonprofit credit counselor not obtained. | Undiscounted rate missing, which is needed to test discount points for possible exclusion. AVM fee paid to lender and no third party invoice in file. | Reviewer Comment (2026-04-21): Cure documentation
received. Buyer Comment (2026-04-14): see attached Reviewer Comment (2026-04-10): Per the compliance team, the undiscounted rate and price were applied and AVM updated to third party payee. However, the loan still fails [redacted] high cost. The violation was updated to $[redacted] overage. Cure provisions are below. There are [redacted] days left to cure. Within [redacted] days of closing, provide: ([redacted]) Letter of Explanation; ([redacted]) refund of amount over the covered loan threshold maximum (copy of check required); and ([redacted]) proof of mailing (must be in transit with courier). Reviewer Comment (2026-04-09): Providing the invoice for the AVM would not clear the condition, but only update the payee for the AVM. However, the UW below states $[redacted] was charged for the AVM, however the final settlement statement reflects $[redacted] was charged that is in file. In addition, we also need the undiscounted rate and price. The LOE uploaded states there is no true par rate and price, but what was provided " is close". This cannot be an estimate or a guess. We would need the actual undiscounted rate and undiscounted price for this loan in order to re-test to see if that alleviates the [redacted] conditions |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417475 | Compliance | Compliance | State Compliance | State Defect | (State High Cost Provision) New Jersey High-Cost Loan (Financed Fees Exceeds Threshold) | [redacted] High-Cost Loan: Lender financed points and fees in excess of [redacted]% of the total loan amount. | Undiscounted rate missing, which is needed to test discount points for possible exclusion. AVM fee paid to lender and no third party invoice in file. | Reviewer Comment (2026-04-21): Cure documentation
received. Buyer Comment (2026-04-14): see attached Reviewer Comment (2026-04-10): Per the compliance team, the undiscounted rate and price were applied and AVM updated to third party payee. However, the loan still fails [redacted] high cost. The violation was updated to $[redacted] overage. Cure provisions are below. There are [redacted] days left to cure. Within [redacted] days of closing, provide: ([redacted]) Letter of Explanation; ([redacted]) refund of amount over the covered loan threshold maximum (copy of check required); and ([redacted]) proof of mailing (must be in transit with courier). Reviewer Comment (2026-04-09): Providing the invoice for the AVM would not clear the condition, but only update the payee for the AVM. However, the UW below states $[redacted] was charged for the AVM, however the final settlement statement reflects $[redacted] was charged that is in file. In addition, we also need the undiscounted rate and price. The LOE uploaded states there is no true par rate and price, but what was provided " is close". This cannot be an estimate or a guess. We would need the actual undiscounted rate and undiscounted price for this loan in order to re-test to see if that alleviates the [redacted] conditions |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417476 | Compliance | Compliance | State Compliance | State Defect | (State High Cost) New Jersey High-Cost Loan (Points and Fees) | [redacted] Home Ownership Security Act: Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Total Loan Amount. Points and Fees total $[redacted] on a Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. | Undiscounted rate missing, which is needed to test discount points for possible exclusion. AVM fee paid to lender and no third party invoice in file. | Reviewer Comment (2026-04-21): Cure documentation
received. Buyer Comment (2026-04-14): see attached Reviewer Comment (2026-04-10): Per the compliance team, the undiscounted rate and price were applied and AVM updated to third party payee. However, the loan still fails [redacted] high cost. The violation was updated to $[redacted] overage. Cure provisions are below. There are [redacted] days left to cure. Within [redacted] days of closing, provide: ([redacted]) Letter of Explanation; ([redacted]) refund of amount over the covered loan threshold maximum (copy of check required); and ([redacted]) proof of mailing (must be in transit with courier). Reviewer Comment (2026-04-10): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: [redacted] Home Ownership Security Act: Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Total Loan Amount. Points and Fees total $[redacted] on a Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%). Non-Compliant High Cost Loan. Reviewer Comment (2026-04-09): Providing the invoice for the AVM would not clear the condition, but only update the payee for the AVM. However, the UW below states $[redacted] was charged for the AVM, however the final settlement statement reflects $[redacted] was charged that is in file. In addition, we also need the undiscounted rate and price. The LOE uploaded states there is no true par rate and price, but what was provided " is close". This cannot be an estimate or a guess. We would need the actual undiscounted rate and undiscounted price for this loan in order to re-test to see if that alleviates the [redacted] conditions |
04/21/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Refinance - Cash-out - Other | Within 45 days of closing, provide: (1) Letter of Explanation;
(2) refund of amount over the covered loan threshold maximum; and (3) proof
of mailing (must be in transit with courier). (Limited Use Bona Fide Errors - Compliance and Client Approval Required) Within 365 days of closing, provide: (1) Legal opinion from originating lender with loan-specific details on how a high-cost loan was made despite procedures to prevent and confirms (i) the failure constitutes a bona fide error for the jurisdiction in which the property is located, and (ii) that the lender has not received any notice from the borrower of the failure; (2) procedures or explanation of controls in place to prevent such errors; (3) client written approval accepting use of the bona fide error cure; (4) Letter of Explanation to borrower; (5) refund of amount over the high-cost threshold maximum; and (6) proof of mailing (must be in transit with courier). Note, a cure may not be accepted if the seller/lender has certified a fix has been made to their system and the same issue continues to occur after the fix has been put into place. |
C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417477 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Borrower has owned the subject property for at least [redacted]
years. Borrower has verified disposable income of at least $[redacted]. Borrower's monthly mortgage payment has decreased by at least [redacted]%. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-04-04): see attached |
04/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 236 | 36417478 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Initial Draw Amount discrepancy. | Note Initial Draw Amount of ___ is less than Guideline minimum Initial Draw Amount of ___. | Borrower has owned the subject property for at least [redacted]
years. Borrower has verified disposable income of at least $[redacted]. Borrower's monthly mortgage payment has decreased by at least [redacted]%. The refinance has decreased the borrower's monthly debt payments by [redacted]% or more. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-09): Client elects to waive with
verified compensation factors Buyer Comment (2026-04-04): see attached |
04/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Primary | Refinance - Cash-out - Other | C | B | C | B | C | B | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 237 | 36417481 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-07): EV [redacted] |
04/07/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 237 | 36417483 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Loan Origination Fee not disclosed on HELOC Agreement. | Reviewer Comment (2026-04-21): Received required
documentation. Condition cleared. Buyer Comment (2026-04-15): See the attached Reviewer Comment (2026-04-10): The final settlement statement provided for pages [redacted] and [redacted] have a print date of [redacted]. The signature page [redacted] reflects a print date of [redacted]. A signature page from an incorrect document cannot be added to a corrected document. Provide page [redacted] of the [redacted] settlement statement. Further, the LOE is not acceptable and the stamp can be added if the title company did in fact update the settlement statement. It does not have to be an original to stamp it certified verifying they are certifying those were the fees charged and updates made as has been done on other files before. Buyer Comment (2026-04-10): See the attached email from Title being unable to add the final stamp since its not an original Buyer Comment (2026-04-10): Please see the attached ALTA Settlement Statement and refer to Page [redacted]. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 238 | 36417488 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title Commitment or Preliminary title policy does not reflect a coverage amount. | Reviewer Comment (2026-04-10): Supplement provided Buyer Comment (2026-04-09): See the attached Supplemental Report with the loan amount listed. Reviewer Comment (2026-04-09): For the title policy condition for lack of coverage reflected, the title policy should reflect the insured amount. If it was not provided on the prelim, a supplemental report reflecting coverage or the final title policy with coverage can be provided. Buyer Comment (2026-04-09): Correction: There is no coverage amount.... Buyer Comment (2026-04-09): Regarding Exception # [redacted], there is coverage amount on a Title Policy. I believe you are requesting the loan amount not being listed on the Prelim Report. If so, Prelim Reports do not include the loan amount. A Supplemental Report is required for the loan amount. That is what I requested. |
04/10/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 238 | 36417491 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-04-09): Gap report provided Buyer Comment (2026-04-08): Attached |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 239 | 36417492 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-21): Received final title.
Condition cleared. |
04/21/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 239 | 36417493 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Preliminary title policy amount is blank. A Final policy was not provided. | Reviewer Comment (2026-04-21): Received final title.
Condition cleared. Buyer Comment (2026-04-14): see attached |
04/21/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 239 | 36417495 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement | Buyer Comment (2026-04-08): EV2- ok to waive per
[redacted] |
04/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 240 | 36417501 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | Loan is to be securitized. A secondary valuation was not provided. | Reviewer Comment (2026-04-10): Desk review provided. See
added condition. Buyer Comment (2026-04-09): Attached |
04/10/2026 | No | 1 | D | A | A | A | D | A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 240 | 36417503 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | The credit report reflect a collection account in the amount of $[redacted] which does not meet guidelines requirement. Documentation that the account was paid off prior at or prior to closing is not located in the file. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-10): Client elects to waive with
verified compensation factors Buyer Comment (2026-04-09): Attached |
04/10/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 240 | 36417504 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. [redacted] valuations were provided, one of which does not support value. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | The desk review provided reflects a difference from appraised value of -[redacted]%. A higher tiered product will be required to support the appraised value. | Reviewer Comment (2026-04-22): CDA provided [redacted] Buyer Comment (2026-04-17): It is [redacted]'s process that if the CDA does not support the appraisal than we are required to order a third product. In this case that was the desk review. The value on that also came in lower so that was used to determine the LTV. The CDA would be within [redacted]% of the desk review. Reviewer Comment (2026-04-13): The same desk review short form was provided that was previously provided in trailing documents. The reviewer's recommended value is $[redacted]MIL which is -[redacted]% difference than the appraised value and is not supported. Buyer Comment (2026-04-10): See the attached appraisal review short form |
04/22/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 240 | 36417507 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | matched city on valuation | Reviewer Comment (2026-04-22): updated city |
04/22/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 240 | 36417508 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Acknowledged | Reviewer Comment (2026-04-22): updated Validation
provided |
04/22/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | B | B | A | A | D | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 241 | 36417516 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-13): elects to waive |
04/13/2026 | No | 2 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417518 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Reviewer Comment (2026-04-22): Received Property
Inspection report. Exception cleared. Buyer Comment (2026-04-21): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417520 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | This file is missing Insurance and Lease agreement documents. | Reviewer Comment (2026-04-30): Received updated [redacted]
and [redacted] with correct REO details. Exception Cleared. Buyer Comment (2026-04-29): see attached corrected [redacted] Reviewer Comment (2026-04-29): After considering Tax and insurance amount of [redacted] the net rental income is $[redacted]. Please provide updated [redacted] with rental income and provide [redacted] with corrected DTI. Exception Remains. Buyer Comment (2026-04-28): see attached [redacted] Buyer Comment (2026-04-27): taxes and ins are validated at [redacted] (documents provided support this amt) Reviewer Comment (2026-04-27): (Property [redacted]) After considering rental income from [redacted] the net rental income is [redacted]. However as per final [redacted] rental income received by borrower is [redacted]. By considering rental income as [redacted] DTI is [redacted] and received [redacted] shows DTI as [redacted]%. Also tax and insurance on Final [redacted] is $[redacted] and received proof of $[redacted]. Please provide updated Final [redacted] stating same and [redacted]. Exception Remains. Buyer Comment (2026-04-23): see attached [redacted] Reviewer Comment (2026-04-23): As reflected on the final [redacted], the property includes qualifying rental income. Please provide the fully executed lease agreement or a comparable rent schedule to support the income. Exception remains. Buyer Comment (2026-04-22): see attached Buyer Comment (2026-04-22): [redacted] did not require a copy of the lease agreement [redacted] utilized the following for payment: HOI $[redacted], taxes $[redacted] - Note $[redacted] Reviewer Comment (2026-04-20): Received Insurance Verification. Required Lease Agreement and supporting documents to verify other payments of $[redacted]. Exception remains Buyer Comment (2026-04-17): see attached |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417521 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | This file is missing the following documents: Business Narrative, Third Party Verification within [redacted] days of closing. | Reviewer Comment (2026-04-29): Received Business narrative
document in file. Exception Remains. Buyer Comment (2026-04-28): See the attached Business Narrative Reviewer Comment (2026-04-27): As per guidelines we require Business Narrative. Exception Remains. Buyer Comment (2026-04-23): UW Mgr confirmed business narrative NOT required. Reviewer Comment (2026-04-23): Third Party Verification has been received. However, as per guidelines, a Business Narrative is required for P&L statement income. Exception remains Buyer Comment (2026-04-22): Business narrative is not needed since business bank statements were not used to calculate the income. VOE attached. Reviewer Comment (2026-04-20): Received CPA Letter. Required Business Narrative and Third Party Verification. Exception remains Buyer Comment (2026-04-16): Please see the attached CPA Letter that was used (dated [redacted] [redacted]th) for the VOE |
04/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417522 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-16): EV [redacted] loan is not to
be securitized |
04/16/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417524 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-16): EV [redacted], per
[redacted] |
04/16/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 242 | 36417526 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimate only in file | Reviewer Comment (2026-04-20): Received executed Closing
Statement. Exception cleared Buyer Comment (2026-04-16): Please see the attached Final HUD. The certified stamp is on the second page |
04/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 244 | 36417533 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. [redacted] valuation was provided, with no CU or LCA. Sec ID: [redacted] | Loan is to be securitized. Only [redacted] valuation was provided. | Reviewer Comment (2026-04-17): Received field review.
Condition cleared. Buyer Comment (2026-04-15): [redacted] obtained appraisal and desk review |
04/17/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | IN | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 244 | 36417534 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insurance coverage is insufficient by $[redacted] based on [redacted]% of value and there was no evidence of additional extended coverage or insurer's estimate of replacement cost provided. | Reviewer Comment (2026-04-21): Received RCE. Exception
cleared. Buyer Comment (2026-04-17): see attached |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IN | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417537 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-14): loan is not to be
securitized |
04/14/2026 | No | 2 | A | A | A | A | A | A | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417538 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-20): Client elects to waive. |
04/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417541 | Compliance | Compliance | State Compliance | State Defect | [redacted] Interest and [redacted] Prepayment Penalty | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a loan originated on or after [redacted] [redacted], [redacted]. | Reviewer Comment (2026-04-20): Loan is being made
expressly under Title [redacted], Subtitle [redacted]. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417542 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty Second Lien | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a [redacted] lien loan. | Reviewer Comment (2026-04-20): Loan is being made
expressly under Title [redacted], Subtitle [redacted]. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417543 | Compliance | Compliance | State Compliance | State Defect | [redacted][redacted] Prepayment Penalty Test [redacted] | [redacted][redacted]: Mortgage loan contains an impermissible prepayment penalty. | Reviewer Comment (2026-04-20): Loan is being made
expressly under Title [redacted], Subtitle [redacted]. |
04/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 245 | 36417544 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The HELOC Agreement provided is not signed by the borrower. | Reviewer Comment (2026-04-17): Document provided Buyer Comment (2026-04-15): see attached |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 246 | 36417550 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2026-04-17): Received final Alta
statement with correct disbursement date. Condition cleared. Buyer Comment (2026-04-15): see attached |
04/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 246 | 36417551 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-04-17): Received final Alta
statement. Cleared. Buyer Comment (2026-04-15): see attached |
04/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 247 | 36417552 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-14): Ev[redacted] per [redacted] ok
to waive |
04/14/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 248 | 36417558 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Lender's Initial [redacted] is missing in this file. | Reviewer Comment (2026-04-16): Received and associated
[redacted] Initial - Lender's. Exception cleared. Buyer Comment (2026-04-15): Please see the attached [redacted] |
04/16/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 248 | 36417559 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. | Reviewer Comment (2026-04-17): Received required
documentation. Condition cleared. Buyer Comment (2026-04-15): Please see the attached |
04/17/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CA | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 248 | 36417560 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-15): EV [redacted] per
Management |
04/15/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 249 | 36417563 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-14): loan is not to be securitized
ok to waive |
04/14/2026 | No | 2 | A | A | A | A | A | A | B | B | GA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 249 | 36417566 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | The loan amount of $[redacted] is less than the guideine minimum of $[redacted]. | Borrower has owned the subject property for at least [redacted]
years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Occupancy: [redacted] Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] Borrower has worked in the same position for more than [redacted] years. DTI: [redacted]% Guideline Maximum DTI: [redacted]% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-16): Lender Exception with
Compensating Factors provided. Buyer Comment (2026-04-14): see attached |
04/16/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | GA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 250 | 36417569 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-23): Client elects to waive. |
04/23/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | RI | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 250 | 36417570 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide updated policy reflecting minimum coverage of Original Loan Amount $[redacted] OR provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-04-24): Received updated hazard
insurance with additional coverage amount, Exception cleared. Buyer Comment (2026-04-23): Please see the attached HOI |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | RI | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 250 | 36417572 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Buyer Comment (2026-04-14): EV - the loan is not to be
securitized |
04/14/2026 | No | 2 | A | A | A | A | A | A | B | B | RI | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 250 | 36417573 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty NonPurchase Test | [redacted] Prepayment Penalty: Non-purchase loan contains a prepayment penalty which was not disclosed to the borrower in writing. | Reviewer Comment (2026-04-23): [redacted] received signed
disclosure. |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | RI | Primary | Refinance - Cash-out - Other | C | B | C | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 251 | 36608453 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-15): Client elects to waive. |
04/15/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 251 | 36608454 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | A secondary valuation is required. | Reviewer Comment (2026-04-23): secondary valuation
provided Buyer Comment (2026-04-21): Please see the appraisal as the second valuation Buyer Comment (2026-04-21): Please disregard the one I just uploaded on [redacted] at [redacted]:[redacted]pm, sorry Buyer Comment (2026-04-21): please see the attached. Another file to follow Reviewer Comment (2026-04-20): A secondary valuation is required One provided was completed by the same appraiser. Exception remains Buyer Comment (2026-04-16): Please see the other attached valuation Buyer Comment (2026-04-16): Please see the attached. The other valuation will follow. |
04/23/2026 | No | 1 | D | A | A | A | D | A | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 251 | 36608455 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-04-23): Document provided Buyer Comment (2026-04-21): See the recorded DOT Buyer Comment (2026-04-21): See the final statement |
04/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 251 | 36608456 | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | Acknowledge | Reviewer Comment (2026-05-04): Cleared. Received updated
report. Buyer Comment (2026-05-04): Please see the attached revised copy of the desk review Reviewer Comment (2026-04-27): Desk review appraisal effective date shows Page [redacted] [redacted], Appraisal effective date as per report is [redacted].Exception remains. Buyer Comment (2026-04-23): The dates are the same. The desk review shows [redacted] and the appraisal on Page [redacted] at the bottom also shows [redacted]. |
05/04/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 252 | 36608458 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-15): Client elects to waive. |
04/15/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 252 | 36608460 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Per lender guides, a [redacted]% expense factor is required for P&L transactions which is causing the DTI discrepancy | Reviewer Comment (2026-04-24): Cleared. Deducted
[redacted]% expense factor from gross profit. Buyer Comment (2026-04-22): Gross income $[redacted] * [redacted]% = $[redacted] We would then subtract this from gross income to get the net income figure - $[redacted] - $[redacted] = $[redacted] / [redacted] months = $[redacted]/month. Reviewer Comment (2026-04-21): Reviewed lenders comments on the cash flow analysis. DD used the $[redacted] as the [redacted]% usability based on [redacted] months. This results in a monthly income of $[redacted]. Buyer Comment (2026-04-17): pls see uw comments pg [redacted] |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 253 | 36608461 | Credit | Income | Income Error | Income | The total of Statement Period Months entered is less than the Qualifying Method entered of Most Recent [redacted] months. | - | [redacted] months statements provided. | Reviewer Comment (2026-04-27): Co-borrower's Business Bank
statement received in file and associated. Exception Cleared. Buyer Comment (2026-04-24): see attached |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 253 | 36608462 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-28): Ev[redacted] Reviewer Comment (2026-04-28): This is only an EV1 which for informational purposes only. Buyer Comment (2026-04-24): see attached |
04/28/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 253 | 36608464 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-22): Client elects to waive. |
04/22/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 253 | 36608465 | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | - | [redacted] months business bank statements provided. | Reviewer Comment (2026-04-27): Co-borrower's Business Bank
statement received in file and associated. Exception Cleared. Buyer Comment (2026-04-24): see attached |
04/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 254 | 36608466 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-04-24): Received final title |
04/24/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 254 | 36608467 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-17): Client elects to waive. |
04/17/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 254 | 36608468 | Credit | Income | Income Error | Income | The Total Bank Statement Period months provided is less than the required # of Bank Statements required. | - | [redacted] months of Bank Statements provided. | Reviewer Comment (2026-04-21): Received [redacted] months
bank statement for co-borrower, Exception Cleared Buyer Comment (2026-04-20): Please see the attached bank statement Buyer Comment (2026-04-20): Please see the attached bank statement. One more will follow |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 254 | 36608469 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close out letter for the Heloc with [redacted]. | Reviewer Comment (2026-04-24): Received Final title
showing mortgage removed and full reconveyance. Buyer Comment (2026-04-22): Please see the attached Full Reconveyance Buyer Comment (2026-04-22): Please see the attached Final Title Policy Reviewer Comment (2026-04-21): Received final closing statement showing that the balance to [redacted] was paid off however a close-out letter or a release from the title company is requred to confirm that the line of credit has been closed and no longer open for future withdrawls. Buyer Comment (2026-04-21): Please see the attached Final and Certified Statement showing the HELOC was paid off at [redacted] . Also, any second lien that is on the loan, [redacted] lets the borrower know that it will be closed at the time of closing, which it was. Reviewer Comment (2026-04-21): Required signed/dated close out letter for the Heloc with [redacted] Employees Credit Union as received one is mortgage payoff letter, exception remains Buyer Comment (2026-04-20): Please see the attached HELOC cash out document |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 255 | 36608470 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing a copy of the secondary valuation required for securitization purposes. | Buyer Comment (2026-04-29): elects to waive Reviewer Comment (2026-04-17): Client elects to waive. |
04/29/2026 | No | 2 | A | A | A | A | A | A | B | B | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 255 | 36608471 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-17): client elects to waive. |
04/17/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 255 | 36608473 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-05-04): Ok to waive per [redacted] Reviewer Comment (2026-05-01): Please provide updated HUD-1 Statement with Corrected Fees for Lender's Title Insurance, Title Endorsement Fee(s), Municipal Lien Certificate (MLC) Fee & Title Insurance Binder Fee same on HELOC agreement. Exception Remains. Buyer Comment (2026-04-29): see attached |
05/04/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NM | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 256 | 36608475 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-17): EV2 per [redacted] |
04/17/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 256 | 36608477 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2026-04-24): Received final HUD Reviewer Comment (2026-04-24): Required closing statement for closing date. Exception Remains. Buyer Comment (2026-04-23): Please see the uploaded Final Statement from Exception # [redacted] |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 256 | 36608479 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-17): Client elects to waive. |
04/17/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 256 | 36608480 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. | Buyer Comment (2026-04-17): EV [redacted] - loan is not to
be securitized |
04/17/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 256 | 36608481 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-04-24): Cleared. Received finan
HUD Reviewer Comment (2026-04-24): Required closing statement for closing date. Exception Remains. Buyer Comment (2026-04-23): Please see the attached and it should also clear exception # [redacted] |
04/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 257 | 36608483 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-17): Client elects to waive. |
04/17/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 257 | 36608484 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. | Buyer Comment (2026-04-20): EV2 - Loan is not to be
scrutinized |
04/20/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 257 | 36608486 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close out letter for the Heloc paid at closing. | Reviewer Comment (2026-04-28): Received documentation from
title company authorizing the closure of the Heloc. Condition cleared. Reviewer Comment (2026-04-27): The provided document is an instruction letter for the closure of the Line of Credit account. An executed copy of the Close-Out Home Equity Line of Credit (HELOC) payoff letter is required. Exception remains Buyer Comment (2026-04-24): Please see the attached close out letter |
04/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 258 | 36608487 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-21): Ev[redacted]- ok to waive per
[redacted] |
04/21/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 258 | 36608490 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-17): Client elects to waive. |
04/17/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 258 | 36608491 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Reviewer Comment (2026-04-23): document provided Buyer Comment (2026-04-21): This a transferred appraisal - AVM attached |
04/23/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 258 | 36608492 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-04-23): Final HUD provided Buyer Comment (2026-04-21): HUD-1 |
04/23/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 259 | 36608493 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception provides for bank change. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Borrower has been employed in the same industry for more than
[redacted] years. Occupancy: [redacted] Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-23): Lender Exception with
Compensating Factors provided. Buyer Comment (2026-04-21): see attached |
04/23/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | MA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 259 | 36608494 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-20): Client elects to waive. |
04/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 259 | 36608496 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Fees on HELOC Agreement were under-disclosed compared to Final HUD1 (Loan Origination Fee). | Reviewer Comment (2026-05-01): Received correct HUD.
Condition cleared. Buyer Comment (2026-04-29): see attached Reviewer Comment (2026-04-28): Provided statement shows Loan origination fee as $[redacted], but HELOC agreement shows underwriting fee as $[redacted]. Exception remains. Buyer Comment (2026-04-24): see attached |
05/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | C | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 259 | 36608497 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than those reflected on HELOC Agreement. | Buyer Comment (2026-04-21): Ev[redacted]- ok to waive per
[redacted] |
04/21/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | C | B | C | B | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 260 | 36608500 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-20): Client elects to waive. |
04/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 261 | 36608503 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-20): Client elects to waive. |
04/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 262 | 36608507 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-06): Client elects to waive. Buyer Comment (2026-05-05): pls advise status of review |
05/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 262 | 36608508 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Not all of the fees listed on the final HUD are on the Heloc agreement. | Reviewer Comment (2026-05-13): Reviewed provided documents
HELOC Agreement and HUD-1. The Loan Origination Fee on the HUD-1 is
$[redacted], while the HELOC Agreement lists Doc Prep ($[redacted]) and
Underwriting ($[redacted]). The total matches $[redacted], and itemization is
provided on the HUD-1. Exception cleared Buyer Comment (2026-05-11): The fee is listed on the HUD-1 as the origination charge in the amount of $[redacted] (line [redacted]) ([redacted] doc prep fee + [redacted] UW fee) - please clear condition Reviewer Comment (2026-04-28): Fee mismatch has been identified between HUD-1 and HELOC Agreement. HELOC agreement reflects Document Preparation fee of $[redacted] and Underwriting Fee of $[redacted], Whereas in HUD-1 document both fees are not provided. Exception remains Buyer Comment (2026-04-27): see attached |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 262 | 36608509 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. The origination fee was not disclosed on the Heloc agreement. | Buyer Comment (2026-04-21): Ev[redacted]- waived per
[redacted] |
04/21/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 263 | 36608513 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-21): Client elects to waive. |
04/21/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 263 | 36608514 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided. | Reviewer Comment (2026-04-21): Client elects to waive. |
04/21/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 263 | 36608515 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-22): Ev[redacted] -0k to waive per
[redacted] |
04/22/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 264 | 36608518 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-21): Client elects to waive. |
04/21/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 264 | 36608519 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-04-24): Received Final SS. Buyer Comment (2026-04-22): Please see the attached and stamped Final Statement |
04/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | WA | Investment | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 265 | 36608525 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-24): Client elects to waive. |
04/24/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 265 | 36608528 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-21): Received final closing
statement. Condition cleared. Buyer Comment (2026-05-20): see attached pg [redacted] and [redacted] Reviewer Comment (2026-05-20): Missing Document page [redacted] of [redacted] of Final Closing Statement. Exception Remains. Buyer Comment (2026-05-18): see attached Reviewer Comment (2026-05-14): Required Final HUD-1 with signed and dated. Provided HUD-1 is not signed and dated. Exception remains. Buyer Comment (2026-05-12): see attached |
05/21/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 266 | 36608530 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-24): Client elects to waive. |
04/24/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 266 | 36608531 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception has been provided for use of actual P&L expenses versus using expense factor percent. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Borrower has been employed in the same industry for more than [redacted] years. | Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-01): Client elects to waive with
compensating factors. Buyer Comment (2026-04-29): [redacted] provided exception please advise what is needed to clear condition. |
05/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 266 | 36608532 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC agreement. | Buyer Comment (2026-04-29): Ev[redacted]- ok to wave per
[redacted] |
04/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 266 | 36608534 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2026-05-06): Received final HUD-1.
Exception cleared. Reviewer Comment (2026-05-06): Provided Final statement is after note date, please provide statement of or prior to the note date [redacted]. Buyer Comment (2026-05-04): see attached final HUD Reviewer Comment (2026-05-04): The closing statement provided is post-note date. Please provide the final closing statement dated within the note date. Exception remains. Buyer Comment (2026-05-01): see attached FInal HUD |
05/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | C | B | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 266 | 36608535 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-06): Received final HUD-1.
Exception cleared. Buyer Comment (2026-05-04): see attached final HUD Reviewer Comment (2026-05-04): The closing statement provided is post-note date. Please provide the final closing statement dated within the note date. Exception remains. Buyer Comment (2026-05-01): see attached |
05/06/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 267 | 36608537 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-24): Client elects to waive. |
04/24/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 267 | 36608538 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-24): EV [redacted] - the loan is
not to be scrutinized |
04/24/2026 | No | 2 | A | A | A | A | A | A | B | B | NV | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 267 | 36608539 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | The loan amount of $[redacted] is less than guideline minium of $[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Reserves: [redacted] Guideline Requirement: [redacted] |
SitusAMC SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-04-28): Client elects to waive with
compensating factors. Reviewer Comment (2026-04-28): Lender exception provided for exceeding mininum loan amount. Buyer Comment (2026-04-24): Please see the attached |
04/28/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NV | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608540 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | The subject property is located in a FEMA disaster area. The appraisal was performed after the FEMA declaration start date but prior to the declared end date. Provide a post-disaster inspection dated after the declaration end date of [redacted]. | Reviewer Comment (2026-05-08): Cleared |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608541 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-06): waived |
05/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608542 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: [redacted] | Reviewer Comment (2026-05-08): [redacted] provided |
05/08/2026 | No | 1 | D | A | D | A | D | A | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608543 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Buyer Comment (2026-05-08): EV [redacted] - Loan is not to
be scrutinized, per [redacted] |
05/08/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608544 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The file is missing a copy of documentation to verify the PITIA: Tax verification, insurance verification, and HOA document. | Reviewer Comment (2026-05-08): Documents provided Buyer Comment (2026-05-08): Please see the attached showing the taxes and insurances. Please advise on why this is needed for the borrowers current address? Buyer Comment (2026-05-08): See attached HOA Verification |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608545 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | The file is missing a copy of Initial [redacted]. | Reviewer Comment (2026-05-08): Document provided
[redacted] Buyer Comment (2026-05-08): Please see the attached |
05/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608546 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Approval not provided | The file is missing a copy of Approval. | Reviewer Comment (2026-05-08): Document provided
[redacted] Buyer Comment (2026-05-08): Please see attached Buyer Comment (2026-05-08): I am providing [redacted] approval certs, one is dated [redacted] and the other is dated [redacted]. |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608547 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | The file is missing a copy of Credit Report. | Reviewer Comment (2026-05-08): Document provided
[redacted] Buyer Comment (2026-05-08): Please see the attached |
05/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608548 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | The file is missing a copy of Fraud report. | Reviewer Comment (2026-05-08): Document provided
[redacted] Buyer Comment (2026-05-08): Please see the attached |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608549 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note Addendum - Prepayment not provided | The file is missing a copy of Note Addendum - Prepayment. | Reviewer Comment (2026-05-14): Received Note Addendum -
Prepayment . Exception Cleared. Buyer Comment (2026-05-12): See attached Reviewer Comment (2026-05-12): Note Addendum - Prepayment documentation has been provided without the borrower's signature. Please provide the document with the borrower's signature. Exception Remains. Buyer Comment (2026-05-12): PLEASE DISREGARD THE PRE-PAYMENT PENALTY ADDENDUM THAT WAS UPLOADED YESTERDAY AT [redacted]:[redacted]PM. THE SIGNED ADDENDUM WILL FOLLOW. THANK YOU Buyer Comment (2026-05-11): Please see the attached pre-payment addendum |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608550 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | The file is missing a copy of Appraisal. | Reviewer Comment (2026-05-08): Document provided
[redacted] Buyer Comment (2026-05-08): Please see the attached |
05/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608551 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | The file is missing a copy of Fraud report, [redacted] - Schedule C ([redacted]), and [redacted] - Schedule C ([redacted]). | Reviewer Comment (2026-05-14): Borrower is a
[redacted]mployee. Required [redacted] documentation has been received and
reviewed. Exception cleared. Buyer Comment (2026-05-12): Please see attached [redacted]. The borrower elected to do a one-year [redacted] income as a self-employed realtor. So this is how the loan closed, as a [redacted]. Reviewer Comment (2026-05-12): Required P&L statement, [redacted] - Schedule C ([redacted]), and [redacted] - Schedule C ([redacted]), exception remains Buyer Comment (2026-05-08): The fraud report that was cleared is uploaded to Exception # [redacted]. Thank you! |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608552 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Taxes: Subject property taxes not documented | The file is missing a copy of Tax Certificate. | Reviewer Comment (2026-05-11): Received and associated Tax
certificate. Exception cleared. Buyer Comment (2026-05-08): see the attached Buyer Comment (2026-05-08): See the attached file. One more will follow Reviewer Comment (2026-05-08): Tax cert provided is not filled out Please provided Amount and payment frequency Buyer Comment (2026-05-08): See the attached tax cert |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608553 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Title evidence is missing. | Reviewer Comment (2026-05-11): Received and associated
Title Final Policy with the coverage amount $[redacted]. Exception
Cleared. Buyer Comment (2026-05-08): See the FTP |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608554 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated investor qualifying total debt ratio of [redacted]% exceeds guideline total debt ratio of [redacted]% due to missing income and credit report documents. | Reviewer Comment (2026-05-14): As per the most recent
[redacted], the mortgage payment for the property located at [redacted] is
escrowed. The previously noted duplicate tax and insurance payment includes
this property. Exception Cleared. Buyer Comment (2026-05-12): Please see the revised attached [redacted]. The taxes and insurance were removed from the REO for the primary and just put the entire MTG PMT. The taxes and insurance were being hit twice. Reviewer Comment (2026-05-08): DTI [redacted]% Income $[redacted] Primary PITIA $[redacted] Investment REO Negative Cash $[redacted] Buyer Comment (2026-05-08): See the attached Buyer Comment (2026-05-08): The credit report was uploaded. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608556 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2026-05-08): Document provided Buyer Comment (2026-05-08): Both the credit report and fraud report were uploaded for the borrower on Exceptions # [redacted] and [redacted] |
05/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608558 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The rate lock verification is not located in the file. | Reviewer Comment (2026-05-08): Document provided Buyer Comment (2026-05-08): Please see the attached |
05/08/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608559 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Tax Certificate not provided | Tax cert provided is not filled out Please provided Amount and payment frequency | Reviewer Comment (2026-05-12): Received Tax Certificate,
exception cleared Buyer Comment (2026-05-08): The [redacted] tax documents from the county website are uploaded to Exception # [redacted] |
05/12/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608560 | Credit | Income / Employment | Income Documentation | Income / Employment | Income documentation requirements not met. | income documents for [redacted] [redacted] [redacted](sch C) | Reviewer Comment (2026-05-14): Borrower is a
[redacted]mployee. Required [redacted] documentation has been received and
reviewed. Exception cleared. |
05/14/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 268 | 36608561 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file is missing a copy of the secondary valuation required for securitization purposes. | Reviewer Comment (2026-05-14): Client elects to waive. |
05/14/2026 | No | 1 | N/A | A | N/A | N/A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | B | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 269 | 36608562 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected. | Missing Property Inspection Report. Disaster Declaration Date is [redacted]. Disaster End Date is [redacted] | Reviewer Comment (2026-05-04): Received PDI. Exception
cleared. Buyer Comment (2026-04-30): Post Disaster from [redacted]?? AVM supports no adverse issues and no damages during inspection. |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 269 | 36608563 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-30): loan is not to be
securitized |
04/30/2026 | No | 2 | A | A | A | A | A | A | B | B | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 269 | 36608565 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-27): Client elects to waive. |
04/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 269 | 36608567 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-04): Cleared. Received final
HUD. Buyer Comment (2026-05-04): see attached stamped final HUD Reviewer Comment (2026-05-04): Required stamped or signed final settlement statement. Exception remains. Buyer Comment (2026-04-30): see attached |
05/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Primary | Refinance - Cash-out - Other | D | B | C | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 270 | 36608568 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-27): Client elects to waive. |
04/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 270 | 36608570 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Buyer Comment (2026-04-30): Loan is not to be
securitized |
04/30/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 270 | 36608571 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Loan origination fee on HELOC agreement under-disclosed at $[redacted]. Final HUD-1 at $[redacted]. | Reviewer Comment (2026-05-04): Provided revised closing
statement. Exception cleared. Buyer Comment (2026-05-01): see attached revised HUD |
05/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 270 | 36608572 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC agreement. | Buyer Comment (2026-04-30): ok to waive per [redacted] |
04/30/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 271 | 36608575 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-04-28): EV2- loan is not to be
securitized |
04/28/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 271 | 36608576 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-27): Client elects to waive. |
04/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 271 | 36608577 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-28): Ok to waive per [redacted] |
04/28/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 272 | 36608581 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-04-27): Client elects to waive. |
04/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 272 | 36608582 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: [redacted] | Reviewer Comment (2026-04-29): Secondary Valuation
provided and associated. Exception cleared Buyer Comment (2026-04-28): See the attached CDA which supports the appraisal value Reviewer Comment (2026-04-28): Duplicate appraisal provided. Exception remains. Buyer Comment (2026-04-27): Please see the attached appraisal, per [redacted] |
04/29/2026 | No | 1 | D | A | A | A | D | A | A | D | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 272 | 36608583 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-04-27): EV [redacted] per
[redacted] |
04/27/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | D | A | A | A | A | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 273 | 36608586 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-04-27): Client elects to waive. |
04/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 274 | 36608599 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-06): Client elects to waive. |
05/06/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 274 | 36608601 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Reviewer Comment (2026-05-18): Received required
documentation. Condition cleared. Buyer Comment (2026-05-15): Can you please provide status if the email from Title is cleared? Buyer Comment (2026-05-14): Please see the attached email from Title that I had uploaded for your review explaining the discrepancy Reviewer Comment (2026-05-14): Final Closing Statement has been received; however, fee discrepancies remain. The Loan Origination Fee is reflected on the Closing Statement but is not shown on the HELOC Agreement. Additionally, the Credit Report Fee, Draw Fee, Title Endorsement Fee(s), Recording Service Fee, Mortgage Recording Fee, and Deed Recording Fee differ between documents. Exception Remains. Buyer Comment (2026-05-12): Please see the attached closing instructions and please apply to other relevant conditions Reviewer Comment (2026-05-08): Provided closing instruction is only of page [redacted] and page [redacted] is missing, please provide the complete document. Buyer Comment (2026-05-06): Please see the attached Closing Instructions Buyer Comment (2026-05-06): Please see the attached. The Original Loan Amount is $[redacted] and the Initial advance amount is $[redacted]. The difference we must show in the Final statement, and not to be listed on the HELOC Agreement. The only way the calculation on the final statement balanced. The Closing Instructions will follow. |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 274 | 36608602 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-05-18): Received required
documentation. Condition cleared. Buyer Comment (2026-05-15): Can you please provide status if the email from Title is cleared? Buyer Comment (2026-05-14): Please see the attached email from Title that I had uploaded for your review explaining the discrepancy Reviewer Comment (2026-05-14): Final Closing Statement has been received; however, fee discrepancies remain. The Loan Origination Fee is reflected on the Closing Statement but is not shown on the HELOC Agreement. Additionally, the Credit Report Fee, Draw Fee, Title Endorsement Fee(s), Recording Service Fee, Mortgage Recording Fee, and Deed Recording Fee differ between documents. Exception Remains. Buyer Comment (2026-05-13): see attached Buyer Comment (2026-05-13): Please see the full pages of the closing instructions that were uploaded yesterday to Exception # [redacted] Reviewer Comment (2026-05-08): Provided closing instruction is only of page [redacted] and page [redacted] is missing, please provide the complete document. Buyer Comment (2026-05-07): See the attached email from Title on the fees and see the Final Settlement Statement uploaded to #[redacted] |
05/18/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 274 | 36608604 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [redacted], prior to [redacted] business days from transaction date of [redacted]. | Reviewer Comment (2026-05-14): Received final Closing
Statement with disbursement date of [redacted]. Exception Cleared. Buyer Comment (2026-05-12): See attached |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 274 | 36608605 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-18): Received final HUD.
Cleared. Buyer Comment (2026-05-15): Can you please provide status if the email from Title is cleared? Buyer Comment (2026-05-14): Please see the attached email from Title that I had uploaded for your review explaining the discrepancy Reviewer Comment (2026-05-14): Final Closing Statement has been received; however, fee discrepancies remain. The Loan Origination Fee is reflected on the Closing Statement but is not shown on the HELOC Agreement. Additionally, the Credit Report Fee, Draw Fee, Title Endorsement Fee(s), Recording Service Fee, Mortgage Recording Fee, and Deed Recording Fee differ between documents. Exception Remains. Buyer Comment (2026-05-13): Please see the full pages of the closing instructions that were uploaded yesterday to Exception # [redacted] Reviewer Comment (2026-05-08): Provided closing instruction is only of page [redacted] and page [redacted] is missing, please provide the complete document. Buyer Comment (2026-05-06): Please see the attached |
05/18/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 275 | 36608617 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | The file was missing a copy of [redacted] Initial - Lender's. | Reviewer Comment (2026-05-06): Initial [redacted] document
provided and associated. Exception Cleared Buyer Comment (2026-05-05): See the attached Initial [redacted] |
05/06/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 275 | 36608618 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-04): waived |
05/04/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 275 | 36608619 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-05-05): EV [redacted] - per
[redacted] |
05/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 275 | 36608621 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty Second Lien Test | [redacted] Prepayment Penalty: A prepayment penalty is not permissible on a refinance by the same lender. | Loan contains prepayment penalty, which was not disclosed separately in writing to borrower. | Reviewer Comment (2026-05-11): Disclosure requirements not
applicable. Exception cleared. Buyer Comment (2026-05-11): [redacted]) This is a HELOC in the [redacted]nd and the State of [redacted] allows for a pre-payment penalty [redacted]) The first counter is asking for a pre-payment disclosure which is what I provided Please clear the condition Reviewer Comment (2026-05-11): Prepayment penalty is not permissible on a refinance by the same lender as per state compliance requirement. Exception remains. Buyer Comment (2026-05-07): See the attached HELOC Disclosure. Refer to Page [redacted] under Fees and Charges. You shall see in upper case letters, Early Termination Fees....... Reviewer Comment (2026-05-06): The document provided is a Prepayment Note - Addendum. A Prepayment Penalty Disclosure document is required in file. Exception remains Buyer Comment (2026-05-05): Please see the attached |
05/11/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 275 | 36608622 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than [redacted] months past note date provided. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-05-14): Client elects to waive. Reviewer Comment (2026-05-13): TheThe exception as citied as an EV1 for information purpose only. Buyer Comment (2026-05-11): Please see the attached |
05/14/2026 | No | 1 | N/A | A | N/A | N/A | ID | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 276 | 36608625 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-11): Client elects to waive. Buyer Comment (2026-05-08): pls advise what is needed to clear cond |
05/11/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608627 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | The loan amount is under the minimum required of $[redacted]. A lender exception was provided. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Borrower has been employed in the same industry for more than
[redacted] years. Documentation Type: [redacted]yr Full Doc Disposable Income: $[redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2026-05-04): Client elects to waive with
compensating factors. |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608628 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage is insufficient by $[redacted]. Provide an updated policy reflecting minimum coverage of the Original Loan Amount of $[redacted], or provide a copy of the insurer's replacement cost estimate supporting the current coverage amount. | Reviewer Comment (2026-05-07): Dwelling amount covers loan
amount. Exception Cleared. Buyer Comment (2026-05-05): See the attached RCE Buyer Comment (2026-05-05): See the attached HOI |
05/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608630 | Compliance | Compliance | State Compliance | Misc. State Level | [redacted] Prepayment Penalty | [redacted] Residential Mortgage Originator and Servicer Licensing Act: Mortgage loan with an APR exceeding established rate thresholds contains an impermissible prepayment penalty. | Buyer Comment (2026-05-18): EV [redacted] per[redacted] Reviewer Comment (2026-05-07): Effective for loans closed on or after [redacted] [redacted], [redacted] and applications taken prior to [redacted] [redacted], [redacted], under the [redacted] Residential Mortgage Originator and Servicer Licensing Act ([redacted]), [redacted] File [redacted] introduced a prohibition of prepayment penalties (for loans whose loan amount does not exceed the conforming loan limit) on a class of loans introduced as subprime loans. A subprime loan is defined as a loan whose APR exceeds a specific threshold as outlined below: For a first-lien adjustable-rate mortgage that can increase in interest rate but not decrease in interest rate below the fully indexed rate: an APR greater than [redacted] + [redacted]%. For all other first-lien: an APR greater than [redacted] Treasury + [redacted]% For all subordinate lien: an APR greater than [redacted] Treasury + [redacted]% Effective for applications taken on or after, [redacted] [redacted] [redacted] removed the term subprime and instead prohibits prepayment penalties on loans whose APR exceeds the previously stated thresholds and whose loan amount does not exceed the conforming loan limit. There is no obvious cure to the [redacted] prepay requirement. Buyer Comment (2026-05-05): Our complianceease report shows we are passing the ppp test. Please, review and remove conditions. |
05/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608632 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-04): Client elects to waive. |
05/04/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608633 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Buyer Comment (2026-05-04): loan is not to be
securitized |
05/04/2026 | No | 2 | A | A | A | A | A | A | B | B | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 277 | 36608634 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception provided for the [redacted] IRS Tax Balance is not being paid at closing. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. |
Borrower has been employed in the same industry for more than
[redacted] years. Documentation Type: [redacted]yr Full Doc Disposable Income: $[redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC SitusAMC |
Reviewer Comment (2026-05-04): Client elects to waive with
compensating factors. |
05/04/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MN | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | B | B | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 278 | 36608637 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-05): wavied |
05/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 278 | 36608638 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Security Instrument - Subject Lien is missing. | Reviewer Comment (2026-05-14): Received and associated
Security Instrument - Subject Lien. Exception cleared. Buyer Comment (2026-05-13): see attached DOT |
05/14/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 278 | 36608639 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close-out letter by the borrower for the HELOC paid off at closing. | Reviewer Comment (2026-05-15): Signed and Dated Close out
letter is received, Exception cleared. Buyer Comment (2026-05-13): see attached |
05/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 279 | 36608641 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-05-05): loan is not to be
securitized |
05/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 279 | 36608643 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-05-07): Supplement Title Report
received, exception cleared. Buyer Comment (2026-05-05): title supplement attached |
05/07/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 279 | 36608644 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-05): waived |
05/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 279 | 36608645 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close-out letter by the borrower for the HELOC paid off at closing. | Reviewer Comment (2026-05-20): Received HELOC close out
letter. Exception Cleared. Buyer Comment (2026-05-18): see attached Reviewer Comment (2026-05-18): Provided Close-out Letter is not properly scanned from right side, Require Fully Scanned document. Exception Remains Buyer Comment (2026-05-14): see attached HELOC closure letter |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | B | C | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 280 | 36608646 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-05-08): Received Final Title Policy
with correct amount. Exception cleared. Buyer Comment (2026-05-06): see FTP |
05/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 280 | 36608647 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was used. | Reviewer Comment (2026-05-05): Client elects to waive. |
05/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 280 | 36608648 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-05-08): Received Final Title Policy
with correct amount. Exception cleared. |
05/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608649 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Subject loan contains a prepayment penalty. | Reviewer Comment (2026-05-20): Received HELOC agreement
with termination fee of [redacted]%. Exception Cleared. Buyer Comment (2026-05-15): see attached Buyer Comment (2026-05-15): see attached cure documents Reviewer Comment (2026-05-13): This loan is failing both the HOEPA PPP test and HOEPA points and fees test. The loan file contains a prepayment penalty that provides that if within [redacted] months after the loan closing the borrower makes a prepayment (full or partial) then they will pay a prepayment charge in the amount of [redacted]% of the amount prepaid. As the loan amount is $[redacted], this results in a maximum prepayment penalty of $[redacted]. Pursuant to §[redacted], the maximum prepayment penalty amount is included in the HOEPA points and fees calculation. (b) Definitions. For purposes of this subpart, the following definitions apply: ([redacted]) In connection with a closed-end credit transaction, points and fees means the following fees or charges that are known at or before consummation: (v) The maximum prepayment penalty, as defined in paragraph (b)([redacted]) of this section, that may be charged or collected under the terms of the mortgage loan; and The fees being included in the HOEPA points and fees test are: $[redacted] Broker Fee ([redacted] ), $[redacted] Doc Prep fee, $[redacted] Loan Discount, $[redacted] Underwriting Fee and $[redacted] prepayment penalty charge. Also, the separate high cost prepayment penalty test is detailed under §[redacted](a)([redacted])(iii) (a) Coverage ([redacted]) The requirements of this section apply to a high-cost mortgage, which is any consumer credit transaction that is secured by the consumer's principal dwelling, other than as provided in paragraph (a)([redacted]) of this section, and in which: (iii) Under the terms of the loan contract or open-end credit agreement, the creditor can charge a prepayment penalty, as defined in paragraph (b)([redacted]) of this section, more than [redacted] months after consummation or account opening, or prepayment penalties that can exceed, in total, more than [redacted] percent of the amount prepaid. Although the prepayment penalty term of [redacted] is allowable as it's less than [redacted] months, the prepayment penalty of [redacted]% of amount prepaid exceeds [redacted]% of among prepaid, and therefore the prepayment penalty itself is considered high cost. Based on the compliance report in file, it appears they are including $[redacted] prepayment penalty in their calculations, but that would only reflect a [redacted]% prepayment penalty. The prepayment penalty disclosed within the HELOC Agreement is a [redacted]% prepayment penalty. Buyer Comment (2026-05-11): see attached |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608650 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Reviewer Comment (2026-05-19): HELOC Agreement modified to
reduce prepay from [redacted]% to [redacted]%. Buyer Comment (2026-05-15): see attached cure docs Reviewer Comment (2026-05-13): This loan is failing both the HOEPA PPP test and HOEPA points and fees test. The loan file contains a prepayment penalty that provides that if within [redacted] months after the loan closing the borrower makes a prepayment (full or partial) then they will pay a prepayment charge in the amount of [redacted]% of the amount prepaid. As the loan amount is $[redacted], this results in a maximum prepayment penalty of $[redacted]. Pursuant to §[redacted], the maximum prepayment penalty amount is included in the HOEPA points and fees calculation. (b) Definitions. For purposes of this subpart, the following definitions apply: ([redacted]) In connection with a closed-end credit transaction, points and fees means the following fees or charges that are known at or before consummation: (v) The maximum prepayment penalty, as defined in paragraph (b)([redacted]) of this section, that may be charged or collected under the terms of the mortgage loan; and The fees being included in the HOEPA points and fees test are: $[redacted] Broker Fee ([redacted]), $[redacted] Doc Prep fee, $[redacted] Loan Discount, $[redacted] Underwriting Fee and $[redacted] prepayment penalty charge. Also, the separate high cost prepayment penalty test is detailed under §[redacted](a)([redacted])(iii) (a) Coverage ([redacted]) The requirements of this section apply to a high-cost mortgage, which is any consumer credit transaction that is secured by the consumer's principal dwelling, other than as provided in paragraph (a)([redacted]) of this section, and in which: (iii) Under the terms of the loan contract or open-end credit agreement, the creditor can charge a prepayment penalty, as defined in paragraph (b)([redacted]) of this section, more than [redacted] months after consummation or account opening, or prepayment penalties that can exceed, in total, more than [redacted] percent of the amount prepaid. Although the prepayment penalty term of [redacted] is allowable as it's less than [redacted] months, the prepayment penalty of [redacted]% of amount prepaid exceeds [redacted]% of among prepaid, and therefore the prepayment penalty itself is considered high cost. Based on the compliance report in file, it appears they are including $[redacted] prepayment penalty in their calculations, but that would only reflect a [redacted]% prepayment penalty. The prepayment penalty disclosed within the HELOC Agreement is a [redacted]% prepayment penalty. Buyer Comment (2026-05-11): see attached |
05/19/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CT | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608651 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Total fees financed by lender is $[redacted]. Threshold maximum is $[redacted]. Lender HOEPA threshold calculation, per compliance report, did not reduce fees from Finance Charge as required, resulting in a false higher threshold calculation. | Reviewer Comment (2026-05-20): Received HELOC agreement
with termination fee of [redacted]%. Exception Cleared. Buyer Comment (2026-05-15): see attached cure docs Reviewer Comment (2026-05-13): This loan is failing both the HOEPA PPP test and HOEPA points and fees test. The loan file contains a prepayment penalty that provides that if within [redacted] months after the loan closing the borrower makes a prepayment (full or partial) then they will pay a prepayment charge in the amount of [redacted]% of the amount prepaid. As the loan amount is $[redacted], this results in a maximum prepayment penalty of $[redacted]. Pursuant to §[redacted], the maximum prepayment penalty amount is included in the HOEPA points and fees calculation. (b) Definitions. For purposes of this subpart, the following definitions apply: ([redacted]) In connection with a closed-end credit transaction, points and fees means the following fees or charges that are known at or before consummation: (v) The maximum prepayment penalty, as defined in paragraph (b)([redacted]) of this section, that may be charged or collected under the terms of the mortgage loan; and The fees being included in the HOEPA points and fees test are: $[redacted] Broker Fee (YSP), $[redacted] Doc Prep fee, $[redacted] Loan Discount, $[redacted] Underwriting Fee and $[redacted] prepayment penalty charge. Also, the separate high cost prepayment penalty test is detailed under §[redacted](a)([redacted])(iii) (a) Coverage ([redacted]) The requirements of this section apply to a high-cost mortgage, which is any consumer credit transaction that is secured by the consumer's principal dwelling, other than as provided in paragraph (a)([redacted]) of this section, and in which: (iii) Under the terms of the loan contract or open-end credit agreement, the creditor can charge a prepayment penalty, as defined in paragraph (b)([redacted]) of this section, more than [redacted] months after consummation or account opening, or prepayment penalties that can exceed, in total, more than [redacted] percent of the amount prepaid. Although the prepayment penalty term of [redacted] is allowable as it's less than [redacted] months, the prepayment penalty of [redacted]% of amount prepaid exceeds [redacted]% of among prepaid, and therefore the prepayment penalty itself is considered high cost. Based on the compliance report in file, it appears they are including $[redacted] prepayment penalty in their calculations, but that would only reflect a [redacted]% prepayment penalty. The prepayment penalty disclosed within the HELOC Agreement is a [redacted]% prepayment penalty. Buyer Comment (2026-05-11): see attached |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608652 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days. | Total fees financed by lender exceed permitted threshold. Late charge exceeds a maximum of [redacted]% of amount past due and/or a grace period of [redacted] days. | Reviewer Comment (2026-05-20): Received HELOC agreement
with termination fee of [redacted]%. Exception Cleared. Buyer Comment (2026-05-15): see attached cure docs |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608653 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of [redacted]% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or [redacted]%). Non-Compliant High Cost Loan. | Total fees financed by lender is $[redacted]. Threshold maximum is $[redacted]. | Reviewer Comment (2026-05-19): Prepay reduced from
[redacted]% to [redacted]% thereby reducing the amount included in points and
fees testing. Buyer Comment (2026-05-15): cure docs attached Reviewer Comment (2026-05-13): This loan is failing both the HOEPA PPP test and HOEPA points and fees test. The loan file contains a prepayment penalty that provides that if within [redacted] months after the loan closing the borrower makes a prepayment (full or partial) then they will pay a prepayment charge in the amount of [redacted]% of the amount prepaid. As the loan amount is $[redacted], this results in a maximum prepayment penalty of $[redacted]. Pursuant to §[redacted], the maximum prepayment penalty amount is included in the HOEPA points and fees calculation. (b) Definitions. For purposes of this subpart, the following definitions apply: ([redacted]) In connection with a closed-end credit transaction, points and fees means the following fees or charges that are known at or before consummation: (v) The maximum prepayment penalty, as defined in paragraph (b)([redacted]) of this section, that may be charged or collected under the terms of the mortgage loan; and The fees being included in the HOEPA points and fees test are: $[redacted] Broker Fee (YSP), $[redacted] Doc Prep fee, $[redacted] Loan Discount, $[redacted] Underwriting Fee and $[redacted] prepayment penalty charge. Also, the separate high cost prepayment penalty test is detailed under §[redacted](a)([redacted])(iii) (a) Coverage ([redacted]) The requirements of this section apply to a high-cost mortgage, which is any consumer credit transaction that is secured by the consumer's principal dwelling, other than as provided in paragraph (a)([redacted]) of this section, and in which: (iii) Under the terms of the loan contract or open-end credit agreement, the creditor can charge a prepayment penalty, as defined in paragraph (b)([redacted]) of this section, more than [redacted] months after consummation or account opening, or prepayment penalties that can exceed, in total, more than [redacted] percent of the amount prepaid. Although the prepayment penalty term of [redacted] is allowable as it's less than [redacted] months, the prepayment penalty of [redacted]% of amount prepaid exceeds [redacted]% of among prepaid, and therefore the prepayment penalty itself is considered high cost. Based on the compliance report in file, it appears they are including $[redacted] prepayment penalty in their calculations, but that would only reflect a [redacted]% prepayment penalty. The prepayment penalty disclosed within the HELOC Agreement is a [redacted]% prepayment penalty. Buyer Comment (2026-05-11): Pls advise on calcs. see attached Compliance [redacted] report |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | B | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608654 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status was not located in the file. | Reviewer Comment (2026-05-20): Received HELOC agreement
with termination fee of [redacted]%. Exception Cleared. Buyer Comment (2026-05-15): see cure docs attached |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 281 | 36608657 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-05): Client elects to waive. |
05/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CT | Primary | Refinance - Cash-out - Other | C | B | A | A | C | B | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 282 | 36608660 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-11): Client elects to waive. Buyer Comment (2026-05-08): pls advise what is needed to clear this cond. |
05/11/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 282 | 36608661 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Reviewer Comment (2026-05-12): Received HUD-1 with correct
fees. Exception cleared. Buyer Comment (2026-05-08): see attached final HUD Reviewer Comment (2026-05-08): Required HELOC agreement fees matching with Final HUD-1. Exception remains. Buyer Comment (2026-05-06): the final HUD supports the same figures |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 282 | 36608662 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-05-06): ok to waive per [redacted] |
05/06/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 282 | 36608663 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A Gap credit report is missing from the file. | Reviewer Comment (2026-05-08): Document provided Buyer Comment (2026-05-06): see attached [redacted] report |
05/08/2026 | No | 1 | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 283 | 36608666 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-11): Client elects to waive. Buyer Comment (2026-05-08): pls advise when will be review. / what is needed to clear condition. |
05/11/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 283 | 36608667 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. | Buyer Comment (2026-05-08): loan is not to be securitized
ok to waive per [redacted] |
05/08/2026 | No | 2 | A | A | A | A | A | A | B | B | VA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 283 | 36608668 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender exception for loan amount less than $[redacted]. | Borrower has been employed in the same industry for more than
[redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Miscellaneous |
Borrower has been employed in the same industry for more than
[redacted] years. [redacted]+ years history with no mortgage lates. |
Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC Aggregator |
Reviewer Comment (2026-05-05): Client elects to waive with
compensating factors. |
05/05/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | VA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 283 | 36608669 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a Gap credit report for [redacted] | Reviewer Comment (2026-05-12): Cleared. Received Gap
credit report for [redacted] Buyer Comment (2026-05-08): see attached |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | VA | Primary | Refinance - Cash-out - Other | C | B | C | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 284 | 36608671 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-08): wavied |
05/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153580 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | 1) Provide the statement (or if new lien, Final CD or First Payment Letter) to verify the second lien P&I with [Redacted]. 2) Provide evidence of taxes. | Reviewer Comment (2026-06-29): Received evidence the 2nd
was cancelled. Condition cleared. Reviewer Comment (2026-06-08): Received denial letter was not executed; however, an executed denial letter with corrected 1003 and 1008 is required. Exception Remains. Buyer Comment (2026-06-04): 2nd lien was cancelled - see attached Reviewer Comment (2026-06-03): EXCEPTION HISTORY - Exception Explanation was updated on 06/03/2026 PRIOR Exception Explanation: Statement, Tax Verification Reviewer Comment (2026-06-03): Pleae provide mortgage statement for the second lien that is noted on the final 1003. Buyer Comment (2026-06-02): We aren't required to calculate taxes on additional property owned. We are required to document the current taxes on the property. However, if we apply our guideline of 1.25% of the purchase price, the taxes would be $[Redacted]/month and bring the DTI to [Redacted]%. Reviewer Comment (2026-05-28): We have received the same documents that were previously included in the file. Please provide the Mortgage Statement for [REdacted] confirming the P&I amount of $[Redacted]. Additionally, while the Tax Verification reflects $[Redacted], the final 1003 lists Other Payment as $[Redacted] after deducting the insurance premium. Please provide supporting documentation for the variance of $[Redacted]. Exception remains. Buyer Comment (2026-05-26): see attached |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153582 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within 15 days of closing is missing from file. | Reviewer Comment (2026-05-26): Received and associated
Credit Report - Gap. Exception cleared. Buyer Comment (2026-05-21): LQI Reviewer Comment (2026-05-18): Received an email stating 'Credit refresh expiring 2 days prior to signed their documents allow for an exception'. However, we have not received credit refresh or the exception. Please provide the gap credit report provided within 15 days of closing. Exception remains. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153583 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide the lender attesation if condo is warrantable or not (Note: Non-Warrantable not allowed on HELOCs) | Reviewer Comment (2026-06-03): Cleared. Received lender
attesation stating that condo is warrantable. Buyer Comment (2026-05-08): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153584 | Credit | Missing Document | General | Missing Document | Incomplete Document: 1003 Initial - Lender's is incomplete | The initial 1003 is not signed by the LO. (Needed to verify application date and timing requirements). | Reviewer Comment (2026-05-26): Received and associated
1003 Initial - Lender's. Exception cleared. Buyer Comment (2026-05-21): see attached |
05/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153585 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | The tax information on the profile provided is for unimproved land only. Provide the actual taxes for improved land. | Reviewer Comment (2026-05-27): Received and associated Tax
Certificate for XXXX Exception Cleared. Buyer Comment (2026-05-27): see attached Reviewer Comment (2026-05-22): The tax certificate has been received; however, the property address mentioned in the document does not match the subject property address. Please provide the tax verification for the improved land. Exception remains. Buyer Comment (2026-05-20): see attached Reviewer Comment (2026-05-18): Please provide the tax verification for the improved land. Exception remains. Buyer Comment (2026-05-14): This is vacant land - please clear |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153586 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Third party verification of SE is > 30 days prior to closing. | Reviewer Comment (2026-05-28): Received and associated
Business Entity Listing for XXXX. Exception cleared. Buyer Comment (2026-05-27): see attached Reviewer Comment (2026-05-22): The provided document is a general document and does not specifically mention business-related details. Additionally, the document does not contain a date, please provided valid document. Exception Remains. Buyer Comment (2026-05-20): see attached |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153587 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Sec ID: 176 | Transfer letter not provided | Reviewer Comment (2026-06-10): Acknowledged. Buyer Comment (2026-06-09): Appraisal Transfer Letter attached Reviewer Comment (2026-06-03): Please provide appraisal transfer letter. Buyer Comment (2026-05-14): see attached |
06/10/2026 | No | 1 | D | A | A | A | D | A | A | D | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153588 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | The Final HUD has a disbursement date prior to loan consummation. | Reviewer Comment (2026-06-03): Cleared. Received final
HUD. Buyer Comment (2026-05-20): see attached |
06/03/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 285 | 37153589 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-06-17): EV 1. Condition cleared. Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | A | A | A | A | A | CA | Second Home | Refinance - Cash-out - Other | D | A | D | A | D | A | D | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153592 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | CPA Letter, CPA Verification document not provided | Reviewer Comment (2026-06-03): Received partnership
agreement and business license. Condition cleared. Buyer Comment (2026-06-03): Better copy of PA provided Reviewer Comment (2026-06-03): The partnership agreement provided is cut off and not legible. Evidence of borrower's ownership in the business remains missing. Buyer Comment (2026-06-03): see attached Reviewer Comment (2026-04-30): CPA Letter or equivalent document is needed to verify borrower's business ownership percentage. Buyer Comment (2026-04-28): Pls advise why requesting CPA letter is needed. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153594 | Compliance | Compliance | State Compliance | State Defect | Pennsylvania Prepayment Penalty Junior Lien | Pennsylvania Prepayment Penalty: A prepayment penalty not permissible on a junior lien loan less than or equal to $[Redacted] | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153595 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153596 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Waiver of 3-Day Waiting Period In File) | Truth in Lending Act (HOEPA): Waiver of 3-day waiting period for HOEPA Disclosure due to bona fide financial emergency. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153597 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153598 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.94032% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | A | C | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153599 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-05-22): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 286 | 37153600 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Waiting/Cooling Off Period) | Truth in Lending Act (HOEPA): Subject loan had an overlap of ''cooling off'' and rescission periods. | Reviewer Comment (2026-06-03): Received new Heloc
agreement without the prepayment, new RTC, letter to borrower and mailing
label. Condition cleared. Buyer Comment (2026-06-01): see attached Reviewer Comment (2026-05-01): Truth in Lending Act (HOEPA) documents are missing Buyer Comment (2026-04-30): Loan funded[Redacted] -pls advise what is needed to correct. |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | C | A | C | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 287 | 37153601 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-05-22): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2026-05-20): see attached UW cert Reviewer Comment (2026-04-22): The exception is addressing the fact that the appraisal provided is dated prior to the application date which indicates the appraisal is from a prior transaction. Please provide clarification and evidence the appraisal was obtained for the subject transaction. Buyer Comment (2026-04-20): see attached |
05/22/2026 | No | 1 | N/A | A | A | A | N/A | A | A | N/A | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 287 | 37153603 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Initial 1003 is missing. | Reviewer Comment (2026-06-11): Received initial 1003.
Condition cleared. Buyer Comment (2026-06-09): 1003 |
06/11/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 287 | 37153606 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A gap credit report provided within 15 days of closing is missing from file. | Reviewer Comment (2026-04-22): Received gap credit.
Condition cleared. Buyer Comment (2026-04-20): see attached |
04/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | A | C | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153608 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-08): Client elects to waive. |
05/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153610 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Reviewer Comment (2026-05-26): HOEPA points and fees
exception cured. Buyer Comment (2026-05-22): see attached cure docs Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153611 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (High-Cost Mortgage): Prepayment penalty amount exceeded. Non-Compliant High Cost Loan. | Reviewer Comment (2026-05-26): SitusAMC received corrected
HELOC Agreement reducing prepayment penalty to 1% and proof of delivery. Buyer Comment (2026-05-22): see attached cure docs Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Escalate to CHD for review and guidance. | D | B | D | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153612 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) | Truth in Lending Act (HOEPA): HOEPA disclosure was not provided to the Borrower | Reviewer Comment (2026-05-26): HOEPA points and fees
exception cured. Buyer Comment (2026-05-22): see cure docs Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153613 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-05-26): HOEPA points and fees
exception cured. Buyer Comment (2026-05-22): cure docs attached Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153614 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. | Reviewer Comment (2026-05-26): HOEPA points and fees
exception cured. Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153615 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-05-26): SitusAMC received corrected
HELOC Agreement reducing prepayment penalty to 1% and proof of delivery. Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | D | B | D | A | C | B | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153616 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-05-26): HOEPA points and fees
exception cured. Reviewer Comment (2026-05-18): Reviewed all trailing documents, however it appears the file was resent. Unable to locate the documentation to clear exception. Buyer Comment (2026-05-14): see attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153618 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The rate lock document is not located in the file. | Reviewer Comment (2026-05-12): Received and associated
Rate Lock Document. Exception cleared. Buyer Comment (2026-05-11): see attached lock |
05/12/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153619 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The final closing statement is not located in the file. The statement provided reflect that it is an Estimated Settlement Statement. | Reviewer Comment (2026-06-03): Cleared. Received final
closing statement Buyer Comment (2026-06-01): see attached Reviewer Comment (2026-05-22): Final statement received and there are multiple fees mismatch, which is not recorded and different in HELOC agreement- Credit report fee, Title Endorsement fee, Wire fee, Re-Draw fee, Recording service fee, service charges & lender's title insurance fees. Buyer Comment (2026-05-20): see attached FinalHUD |
06/03/2026 | No | 1 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | ||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 288 | 37153620 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Final statement received and there are multiple fees mismatch, which is not recorded and different in HELOC agreement- Credit report fee, Title Endorsement fee, Wire fee, Re-Draw fee, Recording service fee, service charges & lender's title insurance fees. | Buyer Comment (2026-05-22): ok to waive per XXX |
05/22/2026 | No | 2 | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 289 | 37153627 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-08): Client elects to waive. |
05/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 289 | 37153628 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | HOI coverage insufficient by $[Redacted]. Provide updated policy reflecting minimum coverage of $[Redacted] or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-05-13): Received and associated
Hazard Insurance Policy. Exception cleared. Buyer Comment (2026-05-12): see attached RCE -supports additional replacement cost 50% |
05/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 289 | 37153629 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Calculated high loan-to-value percentage of [Redacted]% exceeds guideline high loan-to-value percentage of 90.00000%. | Reviewer Comment (2026-05-18): Received credit supplement
reflecting an updated UPB of $[Redacted], resulting in the HCLTV being
reduced to below 90%. Exception Cleared. Buyer Comment (2026-05-14): The account transferred to XXX -see attached credit supplement- supports balance $[Redacted] Reviewer Comment (2026-05-14): Require Latest Mortgage Statement showing lower currant balance to suffice the HCLTV discrepancy. Exception Remains Buyer Comment (2026-05-12): see attached mtg stmts- we are showing [Redacted]% ltv |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 289 | 37153630 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Calculated high loan-to-value percentage of [Redacted]% exceeds guideline high loan-to-value percentage of 90.00000%. | Reviewer Comment (2026-05-14): Provided HUD-1 confirms
which all the lien & payoff paid off through closing, information
validated DTI discrepancy suffice. Exception Cleared. Buyer Comment (2026-05-12): pls see final HUD - borrower brought funds to closing to payoff accounts. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 289 | 37153632 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing a signed/dated close out letter by the borrower for the HELOC paid off at closing. | Reviewer Comment (2026-06-03): Received close out letter.
Cleared. Buyer Comment (2026-06-01): see attached from borrower Reviewer Comment (2026-05-21): Require HELOC close-out letter from the lender confirming that the account has been fully paid and reflects a zero balance. Exception remains. Buyer Comment (2026-05-19): The payoff states the line will be closed unless the borrower contacts the company. The borrower confirmed the acct is closed. see attached. Reviewer Comment (2026-05-14): Require HELOC close out signed and dated to clear the exception as provided document does not suffice the exception. Exception Remains. Buyer Comment (2026-05-12): see attached |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 290 | 37153634 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-05-18): Final closing Statement
provided in loan file. Buyer Comment (2026-05-14): see attached final hud |
05/18/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 290 | 37153636 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-08): waived |
05/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 290 | 37153637 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Buyer Comment (2026-05-11): loan is not to be securitized
ok to waive |
05/11/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | NV | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 290 | 37153638 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Lender exception for loan amount less than $150,000. | Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
Occupancy: Primary Documentation Type: 12mo Bank Statement Disposable Income: $18,907.75 DTI: 23.05854% Guideline Maximum DTI: 50.00000% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-05-08): Lender Exception with
Compensating Factors provided. |
05/08/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | NV | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 291 | 37153639 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $[Redacted] was used by the lender to qualify the loan. | Reviewer Comment (2026-05-26): Received Title Supplement
Policy with policy amount XXXX. Exception cleared. Buyer Comment (2026-05-21): title supplement attached |
05/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 291 | 37153640 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-19): waived |
05/19/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 291 | 37153642 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than those reflected on the HELOC Agreement. | Buyer Comment (2026-05-21): ok to waive per XXX |
05/21/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 291 | 37153644 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | 20% expense factor applied per the guidelines. | Reviewer Comment (2026-05-27): Income correctly updated.
Exception cleared. Buyer Comment (2026-05-26): The UW utilized the figure from the P&L which already supports a 20% expense factor included in the figures Total Income from P&L $[Redacted] Total Expenses $[Redacted] *** Income $[redacted] Reviewer Comment (2026-05-26): Calculated income is $[Redacted] after considering 20% expense factor as per guideline. As per 1003 and 1008 qualifying income is $[Redacted]. Please provide updated and executed P&L Statement. Exception remains Buyer Comment (2026-05-21): P&L supports 20% expense ratio |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 292 | 37153645 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-05-22): Title Final Policy document
received and verified. Exception cleared. |
05/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 292 | 37153646 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Preliminary in file. | Reviewer Comment (2026-05-22): Title Final Policy document
received and verified. Exception cleared. Buyer Comment (2026-05-21): see attached FTP |
05/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 292 | 37153647 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-01): Client elects to waive. Buyer Comment (2026-05-29): pls provide status |
06/01/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 292 | 37153648 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | The file was missing a copy of the Security Instrument - Subject Lien. | Reviewer Comment (2026-06-05): Received Security
instrument. Condition cleared. Buyer Comment (2026-06-03): see attached DOT Reviewer Comment (2026-06-02): Security Instrument document missing in loan file, Exception remains Buyer Comment (2026-05-29): entire closing file Reviewer Comment (2026-05-22): Security Instrument document missing in loan file. Provided one is HELOC Agreement. Exception remains Buyer Comment (2026-05-21): see attached |
06/05/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 292 | 37153650 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-05-22): Rate Lock agreement
received and verified. Exception cleared Buyer Comment (2026-05-21): see attached lock confirmations |
05/22/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 293 | 37153653 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-21): Client elects to waive. |
05/21/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 293 | 37153655 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-05-26): Received Final HUD with
disbursement date of [Redacted]. Exception Cleared. Buyer Comment (2026-05-21): Please see the attached Final HUD. The disbursement date was XXXX |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 293 | 37153656 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-26): Received Final HUD-1 in
file. Exception Cleared. Buyer Comment (2026-05-21): Please see the attached Final HUD with the real disbursement date of XXXX |
05/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 293 | 37153657 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The Rate Lock is not located in the file. | Reviewer Comment (2026-05-26): Received Rate lock document
in file. Exception Cleared. Buyer Comment (2026-05-21): See the attached |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 294 | 37153660 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | The file was missing a copy of the final title policy. | Reviewer Comment (2026-05-26): Received Final title policy
document with valid policy amount, information validated. Exception
Cleared. |
05/26/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 294 | 37153661 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The Title Commitment or Preliminary title policy amount is blank, provide Supplement report reflecting policy amount. | Reviewer Comment (2026-05-26): Received Final title policy
document with valid policy amount, information validated. Exception
Cleared. Buyer Comment (2026-05-22): See the attached title policy showing the loan amount under Schedule A |
05/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 294 | 37153662 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this Loan. | Reviewer Comment (2026-05-27): Client elects to waive. Buyer Comment (2026-05-26): Can you advise what you conditioning for. This is very vague and don't give us anything to research/work off. HELOC's don't follow standard TRID guidelines as a requirement of compliance. |
05/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | B | A | B | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 295 | 37153669 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-21): client elects to waive |
05/21/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 295 | 37153670 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | Fees on HELOC Agreement under-disclosed from Line of Credit Closing Statement. | Reviewer Comment (2026-05-28): Final HUD received matching
fees with the HELOC agreement. Buyer Comment (2026-05-27): See the attached Buyer Comment (2026-05-27): Please see the 3-page attached HUD. Another HUD will follow |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | A | A | D | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 295 | 37153671 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-05-22): EV 2 per XXX |
05/22/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 295 | 37153673 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-05-28): Final HUD1- received. Buyer Comment (2026-05-27): see the attached |
05/28/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 296 | 37153675 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-05-27): Client elects to waive. Buyer Comment (2026-05-26): Can you advise what you conditioning for. This is very vague and don't give us anything to research/work off. HELOC's don't follow standard TRID guidelines as a requirement of compliance. |
05/27/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 296 | 37153676 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-05-22): EV 2 - the loan is not to be
scrutinized |
05/22/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 297 | 37153678 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-03): Client elects to waive. Buyer Comment (2026-06-02): pls advise when this will be reviewed |
06/03/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 297 | 37153680 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-05-29): ok to waive per XXX |
05/29/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 298 | 37153682 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Lender exception approved for fico of 736 vs the required 740 | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. |
Borrower has been employed in the same industry for more than 5
years. Reserves: 13.13 Guideline Requirement: 3.00 |
Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-06-12): Client elects to waive with
compensating factors. Buyer Comment (2026-06-10): Please see the attached exception for the FICO score Reviewer Comment (2026-06-10): Please provide lender exception approval with compensating factors regarding the FICO. Buyer Comment (2026-06-08): Please see the attached email showing an exception for the credit score. |
06/12/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NC | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 298 | 37153684 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this Loan. | Reviewer Comment (2026-06-03): client elects to waive |
06/03/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NC | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 299 | 37153687 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-02): Client elects to waive |
06/02/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NV | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 299 | 37153689 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-06-05): Closing statement XXXX
shows diibursement of [Redacted] Buyer Comment (2026-06-05): Good morning, can you please provide status? Thank you : ) Buyer Comment (2026-06-03): Please see the attached Final Closing Statement showing [Redacted] as the funding/disbursement date, and please clear the condition. |
06/05/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NV | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153691 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-04): Client elects to waive. |
06/04/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153692 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-07-08): ok to waive Reviewer Comment (2026-07-06): Received duplicated CDA. The CDA is dated [Redacted] which is prior to the application date for the subject transaction. Buyer Comment (2026-07-01): see attached Reviewer Comment (2026-06-06): The CDA is dated 03/04/2026 which is prior to the application date for the subject transaction. Buyer Comment (2026-06-05): XXXX AND XXXXX ARE THE SAME COMPANY. PLEASE CLEAR CDA ATTACHED |
07/08/2026 | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | N/A | N/A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153693 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | File is missing Security Instrument - Subject Lien. | Reviewer Comment (2026-06-12): Received and associated
Security Instrument. Exception cleared. Buyer Comment (2026-06-10): Deed of trust Reviewer Comment (2026-06-06): The security instrument is not located in the file. Buyer Comment (2026-06-05): PLEASE SEE FINAL CLOSING DOCUMENTS |
06/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153694 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing the gap credit report, or soft-pull is to be dated within 15 days of the note date. | Reviewer Comment (2026-06-06): Cleared. Received gap
credit report. Buyer Comment (2026-06-05): LQI |
06/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153696 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final HUD1 (Loan Origination Fee) | Not all fees on the HUD were listed on the Heloc agreement. | Reviewer Comment (2026-07-24): Final HUD provided D#442 Buyer Comment (2026-07-22): Final corrected HUD Reviewer Comment (2026-07-22): The HELOC Agreeement does not reflect the Loan Origination Fee of $[Redacted] that is on the HUD. Buyer Comment (2026-07-20): see attached- the agent disclosed what was lumped in the fee on the addendum to the HUD - Reviewer Comment (2026-07-20): The Loan Origination Fee of $[Redacted] that is on the HUD is not disclosed on the HELOC agreement. Buyer Comment (2026-07-16): see attached addendum to HUD -lists out fees pg4 Reviewer Comment (2026-06-06): Fees on HELOC Agreement are underdisclosed from Final HUD1. Loan Origination Fee is not disclosed on the HELOC agreement. Buyer Comment (2026-06-05): FINAL CLOSINGS DOCS |
07/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | A | D | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153697 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Not all fees on the HUD were listed on the Heloc agreement. | Buyer Comment (2026-07-01): ok to waive Reviewer Comment (2026-06-06): Not all fees on the HUD were listed on the Heloc agreement. Buyer Comment (2026-06-05): CLOSING DOCS |
07/01/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 300 | 37153698 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | Right of Rescission Timing - Note Date used as Transaction Date | Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements | Due to missing security instrument. | Reviewer Comment (2026-06-12): Received and associated
Security Instrument. Exception cleared. Buyer Comment (2026-06-10): Deed of trust Reviewer Comment (2026-06-10): Please provided the security instrument/mortgage/deed of trust for the subject transaction. Buyer Comment (2026-06-08): Note uploaded Reviewer Comment (2026-06-06): The security instrument is not located in the file. Buyer Comment (2026-06-05): CLOSING DOCS |
06/12/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 301 | 37153701 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-06-15): Cleared. Received final
HUD Buyer Comment (2026-06-11): see attached |
06/15/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 301 | 37153702 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock provided did not reflect date as required | Reviewer Comment (2026-06-15): Received rate lock Buyer Comment (2026-06-11): see attached |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 302 | 37153703 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-06-05): EV 2 - The loan is not to be
scrutinized |
06/05/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 302 | 37153704 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-05): Client elects to waive. |
06/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 302 | 37153707 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-06-10): Received final Alta
statement. Condition cleared. Buyer Comment (2026-06-08): Can you please provide status, thank you : ) Buyer Comment (2026-06-06): Please see the attached Final Statement showing [Redacted]. The condition should be cleared, thank you |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 303 | 37153709 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-10): client elects to waive |
06/10/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 303 | 37153710 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-06-08): loan is not to be securitized
ok to waive per XXX |
06/08/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 303 | 37153711 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Line Limit discrepancy. | Note Line Limit of ___ is less than Guideline minimum Line Limit of ___. | Minimum $150,000.00 loan amount per XXX HELOC Guidelines. Lender approved exception in the file. | Borrower has been employed in the same industry for more than 5
years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
Borrower has been employed in the same industry for more than 5
years. Occupancy: Investment Documentation Type: 12mo Bank Statement Disposable Income: $31,126.96 Borrower has worked in the same position for more than 3 years. DTI: 32.72944% Guideline Maximum DTI: 50.00000% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-06-10): Lender Exception with
Compensating Factors provided. Buyer Comment (2026-06-08): see attached exception |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 303 | 37153712 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The Rate Lock Agreement does not show the actual lock date. | Reviewer Comment (2026-06-10): Document provided Buyer Comment (2026-06-08): see attached lock |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 303 | 37153713 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Combined High loan to value discrepancy. | Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___ | Based on the lower of the two AVMs, the HCLTV exceeds the guideline maximum of 75.00%. The AVMs were pulled on the same day, and the higher value cannot be used to qualify per securitization requirements. | Borrower has been employed in the same industry for more than 5
years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
Borrower has been employed in the same industry for more than 5
years. Occupancy: Investment Documentation Type: 12mo Bank Statement Disposable Income: $31,126.96 Borrower has worked in the same position for more than 3 years. DTI: 32.72944% Guideline Maximum DTI: 50.00000% |
Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-06-10): Lender Exception with
Compensating Factors provided. Buyer Comment (2026-06-08): see attached |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NJ | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | B | B | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 304 | 37153714 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-05): Client elects to waive. |
06/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 304 | 37153716 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-06-08): XXX elects to waive |
06/08/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | VA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 304 | 37153718 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The Rate Lock provided was not dated as required per guidelines. | Reviewer Comment (2026-06-10): Document provided D0376 Buyer Comment (2026-06-08): see attached |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | VA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 305 | 37153720 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-06-05): EV 2 - loan is not to be
scrutinized, per Tina |
06/05/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 305 | 37153721 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-05): client elects to waive |
06/05/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | B | B | A | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153733 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-08): Client elects to waive |
06/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153734 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-06-26): Sufficient documentation
provided. Cleared. Buyer Comment (2026-06-24): recert of value was obtained [Redacted] Reviewer Comment (2026-06-22): Exception remains No secondary valuation with effective date less than 3 months past note date provided Both Appraisal and CDA are dated with Effective date of [Redacted] Buyer Comment (2026-06-18): This was a transferred appraisal and CDA completed for this loan. Reviewer Comment (2026-06-16): Exception is noting that the appraisal is dated after the application date. Buyer Comment (2026-06-12): see attached |
06/26/2026 | No | 1 | N/A | A | A | A | N/A | A | N/A | A | N/A | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153735 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing the Gap Credit report. | Reviewer Comment (2026-06-10): Document provided Buyer Comment (2026-06-08): see attached - |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153736 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | The Rate Lock document in the file was not dated per guidelines. | Reviewer Comment (2026-06-10): Document provided Buyer Comment (2026-06-08): see attached |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153737 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-06-26): Received HUD. Condition
cleared. Buyer Comment (2026-06-25): see attached |
06/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 306 | 37153738 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | Lender did not consider the 20% expense factor. | Reviewer Comment (2026-06-30): Received updated
clarification. Condition cleard. Reviewer Comment (2026-06-30): EXCEPTION HISTORY - Exception Explanation was updated on 06/30/2026 PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of [Redacted]% exceeds Guideline total debt ratio of 50.00000%. Reviewer Comment (2026-06-24): Exception remains DTI variance, Calculated investor qualifying total debt ratio of [Redacted]% exceeds Guideline total debt ratio of 50.00000%. Buyer Comment (2026-06-22): See notes from UW: The P&L shows an expense factor of [Redacted]%. since this is above 20% (service business) and even above 40% (product business), the net income on the P&L was used. We only manually lower the net income from the P&L if the expense factor within the P&L does not meet guideline requirements. Reviewer Comment (2026-06-10): Lender income $[1redacted] calculated income $[Redacted] which is causing a DTI variance due to 20% expense factor not considered. not listed or addressed on the P&L. Buyer Comment (2026-06-08): The P& L from the CPA supports a minimum 20% expense factor |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 307 | 37153741 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-08): Client elects to waive. |
06/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 307 | 37153742 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal provided. Exception is an EV2 for informational purposes only. Client may waive. | Buyer Comment (2026-06-08): loan is not to be securitized
ok to waive |
06/08/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 307 | 37153744 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-06-11): Document provided D1037 Buyer Comment (2026-06-09): see attached final hud |
06/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 308 | 37153749 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-09): Client elects to waive |
06/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 308 | 37153750 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-06-09): Recved final Hud D0889 Buyer Comment (2026-06-09): Please see the attached Final HUD. The certified stamp is on the last page. |
06/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | A | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 309 | 37153751 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-09): Client elects to waive |
06/09/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 309 | 37153753 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-06-09): EV 2 |
06/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 309 | 37153755 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock provided does not reflect the date as required. | Reviewer Comment (2026-06-11): Document provided Buyer Comment (2026-06-09): Please see the attached rate lock confirmation with the date |
06/11/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153756 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Credit Agreement Not Provided Timely | Truth in Lending Act (HELOC): Credit Agreement not provided to borrower at time of account opening. | Credit Agreement not provided to borrower at time of account opening. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153757 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Billing Rights Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Billing Rights" disclosure not provided to borrower at time of account opening. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153758 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-06-24): XXX elects tol waive |
06/24/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153760 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. Reviewer Comment (2026-06-26): EXCEPTION HISTORY - Exception Detail was updated on 06/26/2026 PRIOR Exception Detail: Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. Buyer Comment (2026-06-24): Disbursement date 6/9 |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153761 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Actual Date on Notice of Right to Cancel occurs prior to expected date. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. Buyer Comment (2026-06-24): disbursement date 6/9 |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153764 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Buyer Comment (2026-06-22): ok to waive |
06/22/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153765 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud Report Document is missing in the file. | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153766 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Initial 1003 Document is missing in the file. | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153767 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Fraud Report Document is missing in the file. | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153768 | Credit | Missing Document | General | Missing Document | Missing Document: AVM not provided | AVM Document is missing in the file. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. Buyer Comment (2026-06-25): see attached |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153769 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-06-26): Received required
documentation. Condition cleared. Buyer Comment (2026-06-24): See attached |
06/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153770 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-26): Client elects to waive. |
06/26/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153771 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | The file was missing the secondary valuation required for securitization purposes. | Reviewer Comment (2026-06-26): Received AVM. Cleared. Buyer Comment (2026-06-25): see attached Reviewer Comment (2026-06-24): Exception remains. please provided secondary valuation required for securitization purposes. Buyer Comment (2026-06-22): cda attached |
06/26/2026 | No | 1 | D | A | D | A | D | A | N/A | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153772 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note - Senior Lien not provided | Note - Senior Lien or Mortgage Statement Document is missing in the file. | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153773 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153774 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached Buyer Comment (2026-06-22): 546 escrowed |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153775 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153776 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-24): Document provided Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 310 | 37153777 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-24): Document provided Reviewer Comment (2026-06-24): EXCEPTION HISTORY - Exception Explanation was updated on 06/24/2026 PRIOR Exception Explanation: HOA Verification, Insurance Verification, Statement, Tax Verification Buyer Comment (2026-06-22): see attached hoa Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153779 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying assets for closing of $0.00 is less than cash from borrower $[Redacted]. | Reviewer Comment (2026-06-24): Cleared. Received asset
statements. Buyer Comment (2026-06-22): assets attached Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153781 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | File is missing all 1st, 2nd mortgage statements, tax, insurance and HOA verifications for all additional properties. | Reviewer Comment (2026-06-24): Cleared. Received HOA.
Received clsoing statement for the second lien mortgage however it does not
show the P&I payment amount. Exception added for missing documentationt
to verify the payment amount for the second lien mortgage. Buyer Comment (2026-06-24): hoa, 2nd w/ XXXX Reviewer Comment (2026-06-24): The mortgage statement or closing statement for the second lien is missing. Documentation to verfiy HOA expense is not located in the Reviewer Comment (2026-06-24): EXCEPTION HISTORY - Exception Detail was updated on 06/24/2026 PRIOR Exception Detail: [Redacted] EXCEPTION HISTORY - Exception Explanation was updated on 06/24/2026 PRIOR Exception Explanation: HOA Verification, Insurance Verification, Statement, Statement, Tax Verification Insurance Verification, Statement, Tax Verification Insurance Verification, Statement, Tax Verification Insurance Verification, Statement, Tax Verification Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153782 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Fraud report is not provided. | Reviewer Comment (2026-06-24): Cleared. Received fraud
report Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153783 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Reviewer Comment (2026-06-19): Client elects to waive. |
06/19/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153784 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: XXXX | Reviewer Comment (2026-06-24): Received appraisal Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | D | A | D | A | D | A | N/A | A | D | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153785 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-19): Client elects to waive. |
06/19/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153786 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Initial 1003 is not provided. | Reviewer Comment (2026-06-24): Cleared. Received intial
1003 Buyer Comment (2026-06-22): see attached 1003 |
06/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153787 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Fraud Report not provided | Reviewer Comment (2026-06-24): Cleared. Received fraud
report Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153788 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided | Reviewer Comment (2026-06-24): Cleared. Received 1008 Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153789 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Appraisal document is not provided. | Reviewer Comment (2026-06-24): Received appraisal. Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153790 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock provided was not dated as required. | Reviewer Comment (2026-06-24): Cleared. Received rate
lock Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153791 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Note - Senior Lien not provided | File is missing the first mortgage note or current mortgage statement for the subject property. | Reviewer Comment (2026-06-24): Cleared. Received required
document Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153792 | Credit | Credit | Miscellaneous | Credit | Missing Document: Credit Payoff Statement(s) not provided | File is missing the 2nd mortgage payoff statement. | Reviewer Comment (2026-06-24): Received payoff. Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153793 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing the most recent 12 month pay history for the 2nd mortgage on the subject property. | Reviewer Comment (2026-06-24): Cleared. Received pay
history. Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153794 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: XXXX | Reviewer Comment (2026-06-30): CDA provided Buyer Comment (2026-06-26): see attached appraisal, CDA and 1004D pls advise |
06/30/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 311 | 37153795 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Received clsoing statement for the second lien mortgage however it does not show the P&I payment amount. Please provided documentationt to verify the payment amount for the second lien mortgage. | Reviewer Comment (2026-07-02): Received statement.
Condition cleared. Buyer Comment (2026-06-30): 1st mtg stmt attached Reviewer Comment (2026-06-30): Borrower has 2 mortgages Please provide statement for the 2nd mortgage, Exception remains Buyer Comment (2026-06-26): see attached |
07/02/2026 | No | 1 | A | A | A | A | A | CA | Investment | Refinance - Rate/Term | D | B | D | A | B | A | D | B | Exempt from ATR | No | |||||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 312 | 37153797 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-06-22): Client elects to waive |
06/22/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 312 | 37153798 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Appraisal from prior transaction was provided. No secondary valuation with an effective date less than 3 months past the note date was provided. | Reviewer Comment (2026-06-25): Received duplicate desk
review. The primary appraisal is dated [Redacted] which is prior to the
application date. Buyer Comment (2026-06-23): see attached |
No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | N/A | N/A | FL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 312 | 37153799 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than those reflected on the HELOC Agreement. | Buyer Comment (2026-06-23): ok to waive per XXX |
06/23/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 312 | 37153801 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date | Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). | Actual date(s) on the Notice of Right to Cancel occur prior to expected date(s). | Reviewer Comment (2026-06-25): Cleared. Received correct
RTC Buyer Comment (2026-06-23): closing agent provided corrected docs- they should have not included the other rescission form |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 313 | 37153803 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-18): CLient elects to waive |
06/18/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 313 | 37153804 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on Home Equity Line of Credit Agreement. | Buyer Comment (2026-06-22): ok to waive |
06/22/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | WA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 313 | 37153805 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Last Date Rate Set and Initial Rate Lock Date were not provided. Worst-Case Scenario between Creditor Application Date and Transaction Date was used to determine the rate for testing. | Reviewer Comment (2026-06-24): Received rate lock.
Condition cleared. Buyer Comment (2026-06-22): see attached LOCK |
06/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | WA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 313 | 37153807 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock provided is not dated as required. | Reviewer Comment (2026-06-24): Received rate lock.
Condition cleared. Buyer Comment (2026-06-22): see attached |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | WA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153808 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Does not provide REC. | Reviewer Comment (2026-06-25): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2026-06-23): policy states 100% replacement coverage |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153809 | Credit | Insurance | Insurance Analysis | Insurance | Hazard Insurance Policy expires within 90 days of the Note Date. | Hazard Insurance Policy Expiration Date ___, Note Date ___ | Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date [Redacted], Note Date [Redacted. | Reviewer Comment (2026-06-25): Received
clarification/approval/documentation from lender. Condition cleared. Buyer Comment (2026-06-23): see attached |
06/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153811 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-23): client elects to waive |
06/23/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153812 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | REO Documents are marked missing. Please provide Mortgage statement, taxes and insurance statements. | Reviewer Comment (2026-06-25): Received required
documentation. Condition cleared. Buyer Comment (2026-06-23): no mtg stmt just closed- cd provided Buyer Comment (2026-06-23): tax Buyer Comment (2026-06-23): see attached |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153813 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-06-25): Received required
documentation. Condition cleared. Buyer Comment (2026-06-23): see attached |
06/25/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 314 | 37153815 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock document provided was not dated. | Reviewer Comment (2026-06-25): Received required
documentation. Condition cleared. Buyer Comment (2026-06-23): see attached |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | MA | Primary | Refinance - Cash-out - Other | D | A | D | A | B | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 315 | 37153818 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-24): Client elects to waive. |
06/24/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 315 | 37153819 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock document in file not dated as required. | Reviewer Comment (2026-06-29): Received rate lock.
Condition cleared. Buyer Comment (2026-06-25): Please see the attached rate lock |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 315 | 37153820 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Maximum Line Limit discrepancy. | Note Line Limit of ___ is greater than Guideline Maximum Line Limit of ___. | Lender approved a loan amount of $[Redacted] per Lender exception. | Borrower has been employed in the same industry for more than 5
years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Borrower has been employed in the same industry for more than 5
years. Documentation Type: 12mo Bank Statement Disposable Income: $17,325.40 |
Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-24): Client elects to waive with
compensating factors. |
06/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||
| [Redacted] | [Redacted] | [Redacted] | 315 | 37153821 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: Investor qualifying total debt ratio discrepancy. | DTI due to 20% expense factor applied per guidelines. | Reviewer Comment (2026-06-29): Received updated
information. Condition cleared. Buyer Comment (2026-06-29): Please see the attached email from Situs Lindsay Latimer on the Income Calculation Buyer Comment (2026-06-29): Please see the attached UW email |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 316 | 37153822 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-24): Client elects to waive |
06/24/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 316 | 37153825 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-07-08): Cleared. Received revised
HELOC agreement. Buyer Comment (2026-07-08): Good morning, can you please provide status? Thank you Buyer Comment (2026-07-06): Please see the attached HELOC Agreement with the corrected fees Reviewer Comment (2026-06-30): Exception remains Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. Buyer Comment (2026-06-29): Please see the attached Final Statement |
07/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 316 | 37153827 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-06-30): Updated Closing statement
provided D1182 Buyer Comment (2026-06-29): Please see the attached statement |
06/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | C | A | A | A | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 317 | 37153828 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-06-30): EV 2 |
06/30/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 317 | 37153831 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Buyer Comment (2026-06-29): Per Lindsay Latimer |
06/29/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 317 | 37153832 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-06-29): Please see the attached |
No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | N/A | N/A | FL | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 318 | 37153834 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $[Redacted] is less than the note amount of $[Redacted] based on the Commitment in file. | Reviewer Comment (2026-07-15): document provided Buyer Comment (2026-07-13): see attached |
07/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Refinance - Cash-out - Other | B | B | B | A | A | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 318 | 37153835 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-06-29): Waive per deal guidance. |
06/29/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | B | B | B | A | A | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 318 | 37153836 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Loan is to be securitized. No appraisal was provided. | Buyer Comment (2026-06-30): loan is not to be securitized
ok to waive per XXX |
06/30/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | FL | Primary | Refinance - Cash-out - Other | B | B | B | A | A | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 319 | 37153839 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-07-09): loan is not to be securitized
ok to waive per XXX |
07/09/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 319 | 37153840 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-08): Client elects to waive. |
07/08/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 319 | 37153842 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-07-09): ok to waive per XXX |
07/09/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 319 | 37153844 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-07-13): Received final statement.
Condition cleared. Buyer Comment (2026-07-09): see attached |
07/13/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | A | A | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 319 | 37153845 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-07-13): Received final HUD.
Condition cleared. Buyer Comment (2026-07-09): see attached |
07/13/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Primary | Refinance - Cash-out - Other | D | B | A | A | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 320 | 37153848 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-07-10): Client elects to waive. |
07/10/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 320 | 37153849 | Credit | Credit | General | Credit | Initial Rate Lock rate date is not documented in file. | File is missing the initial rate lock | Reviewer Comment (2026-07-15): Received rate lock |
07/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 321 | 37153850 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-10): Client elects to waive. |
07/10/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 321 | 37153853 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Documetation to confirm the rate lock date is not located in the file. | Reviewer Comment (2026-07-15): Cleared. Received rate
lock Buyer Comment (2026-07-13): see attached |
07/15/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153854 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-07-16): Document provided Buyer Comment (2026-07-14): Please see the attached Final Title Policy showing $[Redacted] as the loan amount |
07/16/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153855 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Buyer Comment (2026-07-14): WAIVE, per [Redacted] |
07/14/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153856 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-07-16): Document provided |
07/16/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153857 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial 1003 | Reviewer Comment (2026-07-16): Acknowledged Buyer Comment (2026-07-14): Please see the attached Initial 1003 |
07/16/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153858 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock is missing from file. | Reviewer Comment (2026-07-16): Document provided Buyer Comment (2026-07-14): Please see the attached rate lock |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 322 | 37153859 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-07-16): document provided Buyer Comment (2026-07-15): Please see the correct Final HUD, attached Buyer Comment (2026-07-15): Please disregard the Final HUD I just attached. Buyer Comment (2026-07-15): Please see the attached Final HUD |
07/16/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 323 | 37153861 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-14): Client elects to waive. |
07/14/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 323 | 37153864 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock is missing from file. | Reviewer Comment (2026-07-20): Cleared. Received rate
lock Buyer Comment (2026-07-16): see attached |
07/20/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 324 | 37153866 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-13): Client elects to waive. |
07/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | GA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 324 | 37153868 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing HOA Verification for the [Redacted] | Reviewer Comment (2026-07-16): HOA document provided Buyer Comment (2026-07-14): see attached |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 324 | 37153870 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock was not found in file. | Reviewer Comment (2026-07-16): Document provided Buyer Comment (2026-07-14): see attached |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | GA | Primary | Refinance - Cash-out - Other | D | A | D | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 325 | 37153872 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-20): Client elects to waive. Buyer Comment (2026-07-17): pls advise status |
07/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 326 | 37153875 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-13): Client elects to waive. |
07/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 326 | 37153876 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-07-13): ok to waive per XXX |
07/13/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153879 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-23): client elects to waive Buyer Comment (2026-07-22): pls advise when this will get reviewed/cleared |
07/23/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153880 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | Buyer Comment (2026-07-15): loan is not to be securitized
ok to waive per XXX |
07/15/2026 | No | 2 | A | A | A | A | A | A | N/A | N/A | B | B | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153881 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Final ALTA Settlement Statement (signed or stamped) (Loan Origination Fee) | Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153882 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Buyer Comment (2026-07-15): ok to waive per XXX |
07/15/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153883 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Prepayment Penalty) | Truth in Lending Act (HOEPA): Subject loan contains a prepayment penalty. | Subject loan contains a prepayment penalty. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $[Redacted] that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153884 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) | Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $890 that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153885 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) | Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. | Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or a grace period of less than 15 days. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $[Redacted] that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153886 | Compliance | Compliance | Federal Compliance | Federal Defect | (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) | Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). Non-Compliant High Cost Loan. | Points and Fees on subject loan of [Redacted]% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $[Redacted] on a Federal Total Loan Amount of $[Redacted] vs. an allowable total of $[Redacted] (an overage of $[Redacted] or [Redacted]%). Non-Compliant High Cost Loan. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $[Redacted] that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153887 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement) | Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling. | Borrower did not receive pre-loan counseling. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $[Redacted] that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 327 | 37153889 | Compliance | Legal / Regulatory / Compliance | Anti-Predatory Violation | Federal Defect | (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100) | High-Cost Mortgage (Dodd-Frank 2014) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance. | Reviewer Comment (2026-07-23): Compliance report D0239 Buyer Comment (2026-07-21): This is the UW Fee of $[Redacted] and Doc Prep Fee of $[Redacted] combined for a Total $[Redacted] Reviewer Comment (2026-07-21): The final closing statement reflects an origination charge of $[Redacted] that is not on the HELOC agreement. Buyer Comment (2026-07-17): Please review -you are showing extra fee loan org fee $[Redacted] that is pushing this over |
07/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Refinance - Cash-out - Other | C | B | A | A | C | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 328 | 37153892 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | A limited compliance review scope was performed on this loan. | Reviewer Comment (2026-07-13): Client elects to waive. |
07/13/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 328 | 37153893 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock was not found in file. | Reviewer Comment (2026-07-16): Received rate lock Buyer Comment (2026-07-14): Please see the attached rate lock |
07/16/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 328 | 37153894 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Reviewer Comment (2026-07-21): Cleared. Received final
HUD. Buyer Comment (2026-07-17): See the attached Final HUD |
07/21/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | A | D | A | D | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 329 | 37153895 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Note Date: ___; Lien Position: ___ | No | 1 | N/A | N/A | A | A | N/A | N/A | N/A | N/A | N/A | N/A | CA | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 329 | 37153896 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-14): Client elects to waive. |
07/14/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 330 | 37153899 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-14): Client elects to waive. |
07/14/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | A | A | A | A | A | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 331 | 37153902 | Compliance | TRID | Transaction Error | TRID | This loan was reviewed to a limited compliance scope. Some testing for TILA-RESPA Integrated Disclosure (TRID) compliance under the SFA TRID Grid is outside of the scope of review. This exception is for informational purposes only and does not impact grading. | Reviewer Comment (2026-07-20): Client elects to waive. |
07/20/2026 | No | 3 | A | A | A | A | A | A | A | A | A | A | OR | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 331 | 37153905 | Compliance | Compliance | Federal Compliance | TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form | TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date | Truth in Lending Act: Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Subject loan transaction disbursed on [Redacted], prior to three (3) business days from transaction date of [Redacted]. | Reviewer Comment (2026-07-22): Updated doc File funded
[Redacted] Buyer Comment (2026-07-21): see final hud attached Buyer Comment (2026-07-20): funded [Redacted] Buyer Comment (2026-07-20): file funded [Redactged] |
07/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Primary | Refinance - Cash-out - Other | TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 331 | 37153906 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate lock is missing from file. | Reviewer Comment (2026-07-22): rate lock provided Buyer Comment (2026-07-20): see attached |
07/22/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | OR | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 331 | 37153907 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception approval provided for occupany is primary residence. | Borrower has been employed in the same industry for more than 5
years. Borrower has owned the subject property for at least 5 years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least 40 points. |
Documentation Type: 12mo Bank Statement Disposable Income: $18,795.28 |
SitusAMC SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-07-20): Client elects to waive with
compensating factors. |
07/20/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | OR | Primary | Refinance - Cash-out - Other | D | B | D | B | C | A | A | A | Exempt from ATR | No | ||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159992 | Property | Appraisal Reconciliation | Appraisal Documentation | Appraisal Reconciliation | Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided. Sec ID: XXXX | Appraisal effective dare is prior to application. Secondary CDA completed on this appraisal with effective date prior to application. Need current value valuation (i.e. AVM or BPO). | Reviewer Comment (2026-01-05): Current value AVM provided
within 10% of appraised value. Buyer Comment (2026-01-05): see attached |
01/05/2026 | No | 1 | N/A | A | A | A | N/A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159993 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date. Sec ID: XXXX | Appraisal effective date prior to application. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive Buyer Comment (2026-01-04): EV2 -please waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | B | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159994 | Credit | Title | Document Error | Title | The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Reviewer Comment (2026-01-07): FTP provided Buyer Comment (2026-01-06): see attached |
01/07/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159995 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-01-07): FTP provided |
01/07/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159996 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed | Truth in Lending Act (HELOC): Fees on HELOC Agreement underdisclosed from Line of Credit Closing Statement (Loan Origination Fee) | HELOC agreement reflects fee of $[Redacted] for loan origination fee and estimated settlement statement reflects $[Redacted]. The Final stamped settlement statement verifying fees charged was not provided. | Reviewer Comment (2026-01-09): Updated and corrected final
stamped settlement provided updating fees. HELOC no longer applies. |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Provide the following: Letter of Explanation notifying borrower of the error and providing correct information, Proof of Delivery, Refund check for under-disclosed amount, and Re-open Rescission if applicable. | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159997 | Compliance | Compliance | Federal Compliance | TILA | Truth in Lending Act (HELOC): Fee amounts for testing were sourced from one or more fee documents in file containing higher amounts than that reflected on HELOC Agreement. | Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. | Reviewer Comment (2026-01-05): Client elects to waive Buyer Comment (2026-01-04): EV2 -XXX elects to waive |
01/05/2026 | No | 2 | A | A | A | A | A | A | A | A | A | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37159999 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - Important Terms Disclosure Not Provided Timely | Truth in Lending Act (HELOC): "Important Terms" disclosure not provided to borrower at application. | Reviewer Comment (2026-01-09): Disclosure tracking
provided with earlier receipt date Reviewer Comment (2026-01-05): The disclosure tracking and disclosure reflects was not delivered until 10/14 which is not at time of application. Buyer Comment (2026-01-04): see attached |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37160000 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | 5% penalty if terminated within the first 12 months unless otherwise prohibited by Federal or State law. HELOC agreement reflects 2%. | Borrower has been employed in the same industry for more than 5
years. Borrower has verified disposable income of at least $2500.00. Borrower has worked in the same position for more than 3 years. The qualifying DTI on the loan is at least 10% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-01-05): Client elects to waive with
verified compensation factors Buyer Comment (2026-01-04): see attached |
01/05/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37160001 | Compliance | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final HUD-1 | Estimated settlement statement only in file. | Reviewer Comment (2026-01-07): Final stamped settlement
statement provided Buyer Comment (2026-01-06): see attached Reviewer Comment (2026-01-05): Cancelled in error. The final settlement statement must be stamped certified Buyer Comment (2026-01-05): see attached |
01/07/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 332 | 37160002 | Compliance | Compliance | Federal Compliance | TILA | TILA HELOC - HELOC Brochure Not Provided Timely | Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application. | Reviewer Comment (2026-01-09): Disclosure tracking
provided with earlier receipt date Buyer Comment (2026-01-09): see attached Reviewer Comment (2026-01-05): The disclosure tracking and disclosure reflects was not delivered until 10/14 which is not at time of application. Buyer Comment (2026-01-04): see attached |
01/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | C | B | D | A | B | B | Exempt from ATR | No | |||||||||||
| [Redacted] | [Redacted] | [Redacted] | 333 | 37175959 | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | - | Business Narrative document date missing. | Reviewer Comment (2025-12-17): Business Narrative document
date provided Buyer Comment (2025-12-16): That's our form, which does not call for a date. I've added the received date to the attached, please clear thank u :) Reviewer Comment (2025-12-16): Attached Business Narrative is missing document date Buyer Comment (2025-12-15): the attached document is uploaded again please see :) thank u |
12/17/2025 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No | ||||||||||
| [Redacted] | [Redacted] | [Redacted] | 334 | 37175966 | Credit | Income | Income Error | Income | Income document is missing the document date and/or tax year. | - | A dated business narrative is missing from loan documentation. | Reviewer Comment (2026-03-27): Not required per guides |
03/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | C | A | C | A | A | A | A | A | Exempt from ATR | No |