Exhibit 99.5

 

Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000001    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000011    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001687    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000959    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001257    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003913    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000961    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001329    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001319    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001416    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001167    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000979    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001694    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001250    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001886    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003914    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001847    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000976    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001380    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000941    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000973    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001191    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001499    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001270    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001294    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001182    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001675    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001516    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001181    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001269    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001573    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001854    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001862    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001335    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000921    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001397    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001877    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000948    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001880    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001375    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001048    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001142    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001160    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001706    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001263    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001364    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001063    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001107    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001420    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001226    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001333    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001158    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001720    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001831    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001088    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001388    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000962    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000949    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000957    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001029    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000925    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001414    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001274    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001087    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001258    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001374    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001248    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001384    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000971    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001716    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001057    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001212    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001701    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000987    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001292    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001156    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001318    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001092    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001131    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Incomplete-

 

The following section of the Condominium Rider is incomplete: The project name is missing.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    3    1    3    2    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A
XXXX    9001399    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001099    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001179    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001252    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001459    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001804    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001114    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001433    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001501    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001739    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001407    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001090    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001464    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001147    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001116    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001803    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001595    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001569    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001185    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001467    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001370    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001086    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001490    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001726    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001015    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001360    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001232    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001386    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001201    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001745    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000951    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001635    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001260    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001045    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001737    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001186    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001588    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001222    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000984    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001554    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001625    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001707    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001543    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000965    XXXX    XXXX    XXXX         

(Clear) Note - Missing Signature-

 

The Note was not fully executed by the borrowers.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    3    1    3    2    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A
XXXX    9001398    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001146    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001383    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001873    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001568    XXXX    XXXX    XXXX         

(Open) HOC - Inaccurate-

 

The Homeownership Counseling Disclosure (HOC) does not list the XXXX closest agencies available in the applicant’s location. Per Regulation, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9001581    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001580    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001130    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001037    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001192    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001309    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001144    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001321    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001905    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001069    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001800    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001293    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001022    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000983    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000920    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001482    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001271    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001620    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001700    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001000    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001202    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001667    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001457    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000950    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000996    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001009    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000969    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001585    XXXX    XXXX    XXXX         

(Open) HOC - Inaccurate-

 

The Homeownership Counseling Disclosure (HOC) does not list the XXXX closest agencies available in the applicant’s location. Per Regulation, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9001168    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001101    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001604    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001855    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001325    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001893    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001302    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000982    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001615    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001466    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001221    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001647    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001410    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001795    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001529    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001887    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001542    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001608    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001683    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001812    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000947    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001173    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001153    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001278    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000936    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000930    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001091    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000988    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001213    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001505    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001381    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001427    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001702    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001870    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001659    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001413    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001596    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003915    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001530    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001104    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000977    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001878    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001111    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001276    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001170    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001267    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001058    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001447    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001075    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001759    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001587    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001670    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001663    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001180    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001211    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001005    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001052    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001359    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001183    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001214    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001217    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000952    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001757    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001145    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001637    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001110    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001882    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001338    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001108    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001165    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001065    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001039    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000932    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001892    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001098    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001119    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001538    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001047    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001861    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000964    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000927    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001320    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001264    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001172    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001503    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001282    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001094    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001502    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001246    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001161    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001532    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001767    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001768    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001425    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000963    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001053    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001326    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001243    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000917    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001515    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000929    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Certificate of Acknowledgement for the borrower is missing the execution year in the XXXX section.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9001169    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001150    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001594    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001244    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001811    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001284    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001714    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001650    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001027    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001310    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001456    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001112    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001148    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001385    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000073    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000052    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000069    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000071    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000047    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000102    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000093    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

 

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000076    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000005    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000101    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000106    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002900    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003473    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002712    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003337    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002788    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003418    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003387    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002672    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

 

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002696    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003419    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003074    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003335    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

 

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003240    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003262    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003192    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003431    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

 

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003122    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002386    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002482    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002786    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003539    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002742    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003382    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Maturity date is missing

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9002829    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002771    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX. The loan file reflects income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

Explanation is sufficient. (Resolved)

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    3    1    1    1    3    3    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A
XXXX    9003424    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003111    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002547    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002718    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003176    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002634    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002427    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003140    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003135    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002800    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003095    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002569    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002741    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003023    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002508    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003430    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003126    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003918    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003216    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Incomplete-

 

The notary acknowledgement for XXXX is missing

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9003278    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003020    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002708    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003385    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002897    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002931    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002579    XXXX    XXXX    XXXX         

(Open) Note - Missing Signature-

 

The Note was not fully executed by the borrower.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002690    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003073    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002904    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002378    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002666    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

 

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003055    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002632    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003271    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002582    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003376    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003293    XXXX    XXXX    XXXX         

(Open) Security Instrument - Inaccurate-

 

The security instrument was not completed accurately. The PUD rider disclosing the incorrect name of the PUD project. The rider discloses the PUD name as XXXX. when the name of the project is XXXX.

 

(Open) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Condominium rider is missing the name of the Condominium project.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9003334    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002550    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Condominium rider is missing the name of the Condominium project.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    3    1    1    3    3    3    2    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C
XXXX    9002375    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003221    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002577    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002773    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002803    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003175    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002650    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002798    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003305    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002802    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003366    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX. The loan file reflects income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    3    1    1    1    3    2    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A    C    B    C    A    C    B    A    A
XXXX    9003019    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003524    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003395    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002868    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003459    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002772    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002667    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003493    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003367    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002715    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9003472    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003096    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003460    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002953    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Name Discrepancy-

 

The loan file does not include documentation confirming the vested interest on the Security Instrument or the Borrower’s ownership of the subject property.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    1    3    3    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A
XXXX    9002844    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002633    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002461    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002618    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003390    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003120    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003509    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003090    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003404    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003342    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002899    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002939    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003354    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002409    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002272    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003456    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003117    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003088    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003188    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002751    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9002898    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002292    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002602    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003517    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9003463    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Name Discrepancy-

 

The borrower’s names on the Security Instrument is inconsistent with the XXXX. The vesting on our mortgage is XXXX and XXXX however the XXXX shows XXXX as current owner.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    1    3    3    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A    C    C    A    A    C    C    C    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003065    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003452    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003224    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003389    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002380    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002660    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002762    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003436    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002768    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002382    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002668    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003195    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003228    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003166    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003383    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003541    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003102    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002453    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002585    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003129    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002942    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002592    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002963    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002976    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002946    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003054    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003317    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002657    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003169    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003173    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002388    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003486    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002525    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002600    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003217    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002534    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002842    XXXX    XXXX    XXXX         

(Open) Security Instrument - Inaccurate-

 

The security instrument was not completed accurately. The PUD name on the PUD Rider shows: XXXX HOA II, however, the Legal Description shows XXXX: XXXX.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    3    3    3    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C
XXXX    9002895    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003598    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003536    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002381    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002794    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003304    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003247    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002974    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003018    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003212    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002392    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002873    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003355    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003130    XXXX    XXXX    XXXX         

(Clear) Security Instrument - Inaccurate-

 

The security instrument was not completed accurately. The Condo Rider is missing the project name. The Legal description shows XXXX.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is not sufficient to clear the finding. The re-executed Recorded Mortgage has been provided; however, the Condo Rider has not been provided for review. Please provide the Condo rider for review. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9002987    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003415    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002878    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003461    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000756    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000834    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000851    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000609    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000840    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000893    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000763    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000827    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000696    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000199    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000845    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000857    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000869    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000873    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000863    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000867    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003911    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003912    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000758    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000783    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000852    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000181    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000640    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000324    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000730    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000537    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The condo rider does not state what the name of the project is known as.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000717    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000653    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000402    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000856    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000844    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000764    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000853    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000877    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000892    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000818    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000804    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000830    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000890    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000759    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000746    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000737    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000671    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000569    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000771    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000798    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The condo rider does not state what the name of the project is known as.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9000114    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000695    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000673    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000686    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000677    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000742    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000707    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000743    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000462    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000579    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000168    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete: The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    2    2    3    2    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B
XXXX    9000351    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000565    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000691    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000793    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000611    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000824    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000625    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000683    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The condo rider does not state what the name of the project is known as.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9000499    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000753    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

 

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000678    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000739    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000294    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000772    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000225    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000672    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000231    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000561    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000566    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000648    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000489    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000346    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000647    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000275    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000149    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete: The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000508    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000260    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000152    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete: The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    2    2    3    2    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B
XXXX    9000641    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000490    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000802    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The condo rider does not state what the name of the project is known as.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9000659    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000461    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000646    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000583    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    2    2    3    2    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B
XXXX    9000112    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000469    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000438    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000654    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000454    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000460    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000552    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000276    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section(s) of the Security Instrument (Mortgage/Deed of Trust) incomplete:The Maturity Date is missing.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9000714    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000117    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000754    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000624    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000800    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000603    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000881    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000154    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000727    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000498    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003916    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002228    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002020    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002211    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001916    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001942    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002044    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003917    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002058    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002029    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001970    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002126    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002081    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002062    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001966    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002222    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001958    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002114    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002091    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001982    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002004    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002173    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001976    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Inaccurate-

 

The security instrument was not completed accurately. The name of the Trust listed in the mortgage does not match the name of the Trust listed in the Trust documents. The Trust name (XXXX) is mispelled on the security instrument (The XXXX Trus).

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9002182    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001944    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002109    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001926    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002006    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002015    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002214    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002003    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002184    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002079    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002202    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002217    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001939    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001990    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002112    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002046    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001959    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002009    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002022    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002191    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001930    XXXX    XXXX    XXXX         

(Open) Rescission Test-

 

The loan closed on XX/XX/XXXX, the rescission end date was XX/XX/XXXX and the loan funded on XX/XX/XXXX.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The documentation provided is not sufficient to clear the finding. The additional signor signed the Mortgage and the Right to Cancel on XX/XX/XXXX. The rescission periods starts when they signed on XX/XX/XXXX. The loan funded on XX/XX/XXXX. All borrowers were not given the required XXXX days to rescind. Re-opening of rescission is required. (XXXX)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9002082    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001748    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001963    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002051    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002129    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002166    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001908    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9001969    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001992    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002120    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002107    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002113    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002072    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002203    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002207    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002233    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002028    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002069    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002245    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9001943    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002052    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002249    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002172    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001962    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002232    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002021    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002041    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002159    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002209    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002216    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001918    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001953    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001876    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002140    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002151    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002001    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002149    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the

origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9001985    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value

within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9001980    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002205    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001921    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002057    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002063    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002204    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002053    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001919    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit

Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10%

of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002220    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001912    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002241    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002193    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001402    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002256    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002168    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001952    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002047    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002143    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002234    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002080    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002144    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001999    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9001945    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002122    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002179    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003894    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002709    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003892    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002658    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003796    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003893    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003847    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003511    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003551    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003836    XXXX    XXXX    XXXX         

(Open) HOC – Inaccurate-

 

The Homeownership Counseling Disclosure (HOC) does not list the XXXX closest agencies available in the applicant’s location. Per Regulation, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9003819    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003865    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003870    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003654    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003798    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003682    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Open) Income Variance-

 

The income data was delivered as $XXXX. The loan file reflects income of $XXXX, which is a XXXX% variance. The DTI of XXXX% is within the guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    2    2    1    1    3    2    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A    C    B    B    B    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003673    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003900    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003875    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002544    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003843    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal

 

amount-

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003859    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003560    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003872    XXXX    XXXX    XXXX         

(Open) Security Instrument – Signature Discrepancy-

 

The subject mortgage was executed by two managing members/authorized signors; however, only one member (borrower) was included in the LLC documentation as an authorized member.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9003792    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003715    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003876    XXXX    XXXX    XXXX         

(Open) HOC - Inaccurate-

 

The Homeownership Counseling Disclosure (HOC) does not list the XXXX closest agencies available in the applicant’s location. Per Regulation, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    1    1    2    2    1    1    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B
XXXX    9003851    XXXX    XXXX    XXXX         

(Open) Security Instrument - Name Discrepancy-

 

The date of the Trust listed in the mortgage does not match the date of the Trust listed in the Trust documents.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9003718    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003332    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003068    XXXX    XXXX    XXXX         

(Open) Security Instrument - Name Discrepancy-

 

The vested interest on the security instrument could not be verified as accurate. The loan file did not contain documentation to support the accuracy of vested interest and execution of the security agreement.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9003853    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003879    XXXX    XXXX    XXXX         

(Open) HOC - Inaccurate-

 

The Homeownership Counseling Disclosure (HOC) does not list the XXXX closest agencies available in the applicant’s location. Per Regulation, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant’s location.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    2    2    3    3    C    C    A    A    C    C    B    B    C    C    A    A    C    C    B    B    C    C    A    A    C    C    B    B    C    C    A    A    C    C    B    B
XXXX    9003602    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Condominium Rider does not reflect the name of the condominium project.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003825    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003636    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003883    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The attached referenced XXXX is missing the Condominium Project name.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9003601    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003656    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003823    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003804    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003600    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003797    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003840    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003783    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003904    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003901    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003887    XXXX    XXXX    XXXX         

(Open) Security Instrument – Missing Signature-

 

The Security Instrument was not fully executed by all required parties. The deed dated XX/XX/XXXX indicates the borrower is married; however the signature of the spouse is missing. A transfer deed was not found in the loan file.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    3    3    3    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C
XXXX    9003863    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003868    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003898    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003365    XXXX    XXXX    XXXX         

(Open) Security Instrument Inaccurate-

 

The security instrument was not completed accurately. The loan is held in a trust. On page XXXX of the security instrument, as well as in the signature block, the trust’s Under Agreement (U/A) date is listed as XX/XX/XXXX. However, the Certification of Trust reflects a different U/A date of XX/XX/XXXX. .

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003920    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003861    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003838    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003880    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003896    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003791    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000256    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Trust Missing-

 

Title to the Property is held in a Trust, but the Trust Document is missing. Unable to determine if signatures on the Security Instrument are accurate.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9000310    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000348    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000605    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000228    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000130    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000334    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000286    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000401    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000575    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000586    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000136    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000377    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000230    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000435    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000215    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value used at origination within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9000330    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000504    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000224    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000216    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Open) Income Variance-

 

The income data was delivered as $XXXX. The loan file reflects income of $XXXX which is a -XXXX% variance. The DTI of XXXX% is within the guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      2    2    2    2    1    1    1    1    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A    B    B    B    B    A    A    A    A
XXXX    9000360    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000326    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

Response 1 (XX/XX/XXXX XX:XXPM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000551    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000365    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000420    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000232    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

 

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000233    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000246    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000156    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000153    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000291    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000475    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000667    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000400    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000169    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000191    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000197    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000429    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000150    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000333    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000339    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000666    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000337    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000533    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000166    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000451    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000307    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000188    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000187    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000548    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000398    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000665    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000464    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000241    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000486    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000554    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000327    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000252    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted value used at origination within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9000599    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000487    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000574    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000300    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000157    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000439    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9000626    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000162    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000237    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000325    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000204    XXXX    XXXX    XXXX         

(Clear) Security Instrument – Inaccurate-

 

The security instrument was not completed accurately. The community name on the PUD Rider does not match the development name on the legal description.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The documentation provided is sufficient to clear the finding. (Resolved)

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    1    1    3    1    1    1    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A
XXXX    9000218    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000172    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000363    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000211    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000298    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000167    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000263    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000617    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000532    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000481    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000192    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000208    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000387    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000345    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000452    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000582    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000240    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000134    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000247    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000253    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000242    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000336    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000340    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance.

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9000180    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9000426    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003910    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000118    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9000530    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a No Hit.

Response 1 (XX/XX/XXXX XX:XXPM)

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003435    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003540    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002749    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003555    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002621    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002452    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002838    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002797    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003759    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003671    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002349    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003190    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003353    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003776    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002814    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003075    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002486    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003200    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003105    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003160    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003264    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002435    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The condominium rider is missing the name of the condominiumproject.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9002263    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002296    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003531    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002804    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003041    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003741    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003204    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002262    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003429    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal — Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002271    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003580    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002940    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003016    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002280    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002475    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002279    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002278    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002652    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003179    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003603    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002519    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002957    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002436    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003379    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002558    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003519    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003543    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002845    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


 

Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003662    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002620    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002990    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

Security Instrument – Incomplete. The PUD rider is missing the name of the Planned Unit Development.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9002617    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003696    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003567    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002959    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002571    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002495    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003229    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003093    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002914    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002603    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002363    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003490    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003720    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002638    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002309    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002822    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002695    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002948    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003745    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003544    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003566    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003003    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002977    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002400    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003364    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003491    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002727    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002887    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002929    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003500    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002764    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003568    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002340    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002266    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002287    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002869    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002758    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002739    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002326    XXXX    XXXX    XXXX         

(Open) Security Instrument – Incomplete-

 

The PUD Rider is missing the name of the PUD project.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    3    3    3    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C
XXXX    9002589    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002346    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002622    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003218    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002541    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002865    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002564    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002921    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002906    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003743    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002358    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003612    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI – Exceeds Guidelines-

 

The income data was delivered as $XXXX. Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003133    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003597    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003164    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003606    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002595    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002260    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002805    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002913    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003299    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002270    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002608    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002704    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003294    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002995    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002812    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002443    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002393    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003320    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002327    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003281    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the adjusted appraised value within 10%.

      2    2    1    1    1    1    2    2    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A    B    B    A    A
XXXX    9002811    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003115    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI – Exceeds Guidelines-

 

The income data was delivered as $XXXX Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXX    9002655    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002261    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002901    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003451    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002999    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002530    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002828    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003719    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002484    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002765    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003609    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002832    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002331    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002253    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003750    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002580    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003652    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002784    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003256    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003738    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003393    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002501    XXXX    XXXX    XXXX         

(Open) Security Instrument – Inaccurate-

 

The security instrument was not completed accurately. The Condominium project name “XXXX” on the Condo rider is inaccurate when compared to the legal description “XXXX”.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    3    1    1    3    3    3    2    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C    C    C    A    A    C    B    C    C
XXXX    9002257    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002919    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002503    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003504    XXXX    XXXX    XXXX         

(Clear) State Testing – Prohibited Fees-

 

The loan failed the XXXX prohibited lender fees test. The loan failed the origination and processing fees test due to one or more of the following findings: The loan is Home Acquisition Loan (XXXX Code §535.8(XXXX)), and charges a loan origination or processing fee, a broker fee, or both, which together exceed XXXX percent (XXXX%) of an amount which is equal to the loan principal; or XXXX percent (XXXX%) of the unpaid balance that is refinanced by the same lender (XXXX Code §535.8(XXXX)(a)). This test includes the following fees: Origination fee $XXXX. The loan fails the prohibited fees test by $XXXX. However, per 535.8(XXXX)(b) does not include HELOCs in its definition of a “Loan”. Informational Only.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003099    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002441    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003723    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003572    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002613    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal – Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9002831    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003277    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002258    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003722    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002295    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002947    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003494    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002563    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002494    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003311    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal – Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003444    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002450    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002231    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003210    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002578    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003710    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003361    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003324    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002448    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003064    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003114    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003650    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003322    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002297    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003735    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002740    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003637    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002489    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002353    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002229    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003423    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002626    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002639    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003553    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002968    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003503    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002301    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002406    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003259    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002364    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003634    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003257    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002732    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003758    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003633    XXXX    XXXX    XXXX         

(Clear) State Testing - Prohibited Fees-

 

The loan failed the XXXX prohibited lender fees test. The loan failed the origination and processing fees test due to one or more of the following findings: The loan is Home Acquisition Loan (XXXX Code §535.8(XXXX)), and charges a loan origination or processing fee, a broker fee, or both, which together exceed XXXX percent (XXXX%) of an amount which is equal to the loan principal; or XXXX percent (XXXX%) of the unpaid balance that is refinanced by the same lender (XXXX Code §535.8(XXXX)(a)). This test includes the following fees: Origination fee $XXXX. The loan fails the prohibited fees test by $XXXX. However, per 535.8(XXXX)(b) does not include HELOCs in its definition of a “Loan”. Informational Only.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002586    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003213    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003411    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003454    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002524    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002347    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002565    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXX    9002576    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003029    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003170    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003232    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003649    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002343    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002839    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002624    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002733    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did not support the origination value within 10%. (XXXX)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    1    1    3    3    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A    C    C    A    A
XXXX    9003919    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

 

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXX    9002872    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003178    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002721    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003742    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9003747    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003464    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002394    XXXX    XXXX    XXXX         

(Open) Rescission Test-

 

The loan closed on XX/XX/XXXX, the rescission end date was XX/XX/XXXX and the loan funded on XX/XX/XXXX.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    3    1    1    3    3    1    1    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C    C    C    A    A    A    A    C    C
XXXX    9002460    XXXX    XXXX    XXXX         

(Clear) State Testing - Prohibited Fees-

 

The loan failed the XXXX prohibited lender fees test. The loan failed the origination and processing fees test due to one or more of the following findings: The loan is Home Acquisition Loan (XXXX Code §535.8(XXXX)), and charges a loan origination or processing fee, a broker fee, or both, which together exceed XXXX percent (XXXX%) of an amount which is equal to the loan principal; or XXXX percent (XXXX%) of the unpaid balance that is refinanced by the same lender (XXXX Code §535.8(XXXX)(a)). This test includes the following fees: Origination fee $XXXX, XXXX fee $XXXX. The loan fails the prohibited fees test by $XXXX. However, per 535.8(XXXX)(b) does not include HELOCs in its definition of a “Loan”. Informational Only.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003575    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002509    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002275    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002927    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003124    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003605    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002447    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003702    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003688    XXXX    XXXX    XXXX         

(Open) Security Instrument - Incomplete-

 

The following section of the Security Instrument (Mortgage/Deed of Trust) is incomplete: The Condominium Rider is missing the name of Condominium Project

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Open) Appraisal - Value is not supported within a 10% variance-

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

Response 1 (XX/XX/XXXX XX:XXPM)

 

The AVM did not support the origination value within a 10% variance, the AVM resulted in a no hit. (XXXX)

 

Response 2 (XX/XX/XXXX XX:XXAM)

The second AVM provided did not support the origination value within 10%. (XXXX)

      3    3    1    1    3    3    3    3    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C    C    C    A    A    C    C    C    C
XXXX    9003042    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002408    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is not supported within a 10% variance-

 

The second AVM provided did support the origination value within 10%. (Resolved)

 

Response 1 (XX/XX/XXXX XX:XXPM)

The second AVM provided did support the origination value within 10%. (Resolved)

      3    2    1    1    1    1    3    2    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A    C    B    A    A
XXXX    9002748    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9002299    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003510    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) DTI - Exceeds Guidelines-

 

The income data was delivered as $XXXX Documentation for the borrower reflected income of $XXXX. The DTI of XXXX% exceeds the guidelines.

 

Response 1 (XX/XX/XXXX XX:XXAM)

The income is supported. Documentation is sufficient. (Resolved)

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      3    1    3    1    1    1    1    1    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A    C    A    C    A    A    A    A    A
XXXX    9002934    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002756    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002858    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003036    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003347    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002318    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002320    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

 


Loan
Number

  

Loan
ID

  

Last
Name

  

Note Date

  

Original Loan
Amount

  

QM
Status

  

ATR
Status

  

Compliance
Exceptions

  

Credit
Exceptions

  

Property
Valuation
Exceptions

  

Compensating
Factors

   Initial
Rating
   Final
Rating
   Initial Credit
Rating
   Final Credit
Rating
   Initial Compliance
Rating
   Final Compliance Rating    Initial Property
Valuation
Rating
   Final Property
Valuation
Rating
   Initial Overall Loan
Grade (DBRS
Morningstar)
   Final Overall Loan
Grade (DBRS
Morningstar)
   Initial Credit Grade
(DBRS
Morningstar)
   Final Credit Grade
(DBRS
Morningstar)
   Initial Property
Valuation
Grade (DBRS
Morningstar)
   Final Property
Valuation
Grade (DBRS
Morningstar)
   Initial Compliance
Grade(DBRS
Morningstar)
   Final Compliance Grade(DBRS
Morningstar)
   Initial Overall Loan
Grade (KBRA)
   Final Overall Loan
Grade (KBRA)
   Initial Credit Grade
(KBRA)
   Final Credit Grade
(KBRA)
   Initial Property
Valuation
Grade (KBRA)
   Final Property
Valuation
Grade
(KBRA)
   Initial Compliance
Grade (KBRA)
   Final Compliance Grade
(KBRA)
   Initial Overall Loan
Grade (S&P)
   Final Overall Loan
Grade (S&P)
   Initial Credit Grade
(S&P)
   Final Credit Grade
(S&P)
   Initial Property
Valuation
Grade (S&P)
   Final Property
Valuation
Grade (S&P)
   Initial Compliance
Grade (S&P)
   Final Compliance Grade
(S&P)
   Initial Overall Grade(Moody’s)    Final Overall Grade(Moody’s)    Initial Credit Grade
(Moody’s)
   Final Credit Grade
(Moody’s)
   Initial Property
Valuation
Grade
(Moody’s)
   Final Property
Valuation
Grade
(Moody’s)
   Initial Compliance
Grade (Moody’s)
   Final Compliance Grade
(Moody’s)
XXXX    9003573    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002372    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002962    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003403    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9003005    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002566    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A
XXXX    9002255    XXXX    XXXX    XXXX         

(Clear) No Compliance Findings-

 

The loan is in compliance with all applicable laws and regulations.

  

(Clear) No Credit Finding-

 

The loan meets all applicable credit guidelines.

  

(Clear) Appraisal - Value is supported within 10% of original appraisal amount-

 

The secondary valuation product supported the original appraised value within 10%.

      1    1    1    1    1    1    1    1    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A