Exhibit 99.01 Schedule 2

 

SitusAMC Loan ID Customer Loan ID Seller Loan ID Investor Loan Number Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory 15E Category Exception Exception Detail Exception Information Compensating Factors Compensating Factor Information Applying Party Follow-up Comments Cleared Date Cured Date Waived Date Waived with Regrade Exception Level Grade DBRS Initial Exception Rating DBRS Final Exception Rating Fitch Initial Exception Rating Fitch Final Exception Rating Kroll Initial Exception Rating Kroll Final Exception Rating Moody's Initial Exception Rating Moody's Final Exception Rating S&P Initial Exception Rating S&P Final Exception Rating Note Date Property State Occupancy Purpose Exception Remediation Overall
Initial Loan Grade
Overall
Final Loan Grade
Credit
Initial Loan Grade
Credit
Final Loan Grade
Compliance
Initial Loan Grade
Compliance
Final Loan Grade
Property
Initial Loan Grade
Property
Final Loan Grade
Originator QM ATR Status TPR QM ATR Status Is Curable
XXXXX 4000003925 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2022-06-07): Received, Clearing.


Seller Comment (2022-06-07): XXXX attached
06/07/2022     No 1 C A C A C A C A C A   CO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 4000003925 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Secondary evaluation attached


Reviewer Comment (2022-06-23): XXXX is required forXXXX which is part of theXXXX.


Seller Comment (2022-06-23): Please see comments from XXXX Appraisal XXXX team in which a CDA is not needed
06/27/2022     No 1 D A D A D A D A D A   CO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 4000003925 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2022-06-23): Received, Clearing.


Seller Comment (2022-06-23): attached and uploaded in XXXX revised loan docs with increased coverage of XXXX.  Current XXXX  to be renewed in XXXX so we are providing the future policy as well.
06/23/2022     No 1 C A C A C A C A C A   CO Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 4000003788 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Missing XXXX       Reviewer Comment (2022-06-08): Received, Clearing.


Seller Comment (2022-06-08): Please see attachment
06/08/2022     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
XXXXX 4000003788 XXXXX   XXXXX     Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Final Loan Application) XXXX  Constitution Section XXXX(a)(XXXX): No evidence the  XXXX (s) received a copy of the  XXXX  loan application at or  XXXX         Reviewer Comment (2022-06-08): Received, Clearing.
06/08/2022     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A A A Non QM Non QM Yes
XXXXX 4000003788 XXXXX   XXXXX     Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Itemization of Points and Fees Not Provided At Least 1 Business Day Prior to Closing - No Waiver) XXXX XXXX: Final itemized disclosure of XXXX not provided to borrower at least XXXX prior to closing without a XXXX.         Reviewer Comment (2022-06-08): Received, Clearing.


Seller Comment (2022-06-08): Please see attachment
06/08/2022     No 1 C A C A C A C A C A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A C A C A A A Non QM Non QM Yes
XXXXX 4000094518 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - for property  XXXXl, XXXX statement is missing in the file       Reviewer Comment (2025-11-11): Received statement


Seller Comment (2025-11-10): Comment from XXXX XXXX: XXXX Mortgage statement
11/11/2025     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000094518 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2025-11-04): Accepted as is.
    11/04/2025 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 4000094518 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   DTI of XXXX% exceeds DTI of XXXX%. Verified Debt XXXX/ Income $XXXX.       Reviewer Comment (2025-11-25): Received, Clearing.


Seller Comment (2025-11-25): Comment from XXXX XXXX : XXXX corrected
1008/1003/LP
XXXX payment is $XXXX.
XXXX XXXX
PITIA $$XXXX
No rental amount was used to qualify.
-$XXXX


Reviewer Comment (2025-11-17): Primary PITIA $XXXX, Negative REO $XXXX, Credit Debt $XXXX. Income $XXXX. Qualify PITIA $XXXX.


Buyer Comment (2025-11-14): Comment from XXXX XXXX : Could you please provide your full debt/rental income or loss breakdown calculations so we can see where the discrepancy lies?


Reviewer Comment (2025-11-11): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds AUS total debt ratio of XXXX.


Reviewer Comment (2025-11-10): With exclusion of Student Loan with less then XXXX payments remaining, DTI is now XXXX.  Exception remains as it exceeds AUS DTI of XXXX


Seller Comment (2025-11-10): Comment from XXXX XXXX: Memo to exclude liabilities under XXXX payments
11/25/2025     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A   N/A No
XXXXX 6000103919 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   File is missing a copy of the final title policy.       Reviewer Comment (2026-01-21): Received, Clearing.
01/21/2026     No 1 A A A A A A A A A A   HI Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 6000103919 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Title policy amount is not provided on Title Preliminary report.       Reviewer Comment (2026-01-21): Received, Clearing.


Seller Comment (2026-01-21): finally got what you needed.


Reviewer Comment (2026-01-21): Please provide the Final Title Policy or a commitment with the correct loan amount.


Seller Comment (2026-01-21): i also sent another email to the title insurer but they are going to issue the final policy in the amount located on the Alta they sent.


Seller Comment (2026-01-21): Title noted this on the XXXX when i asked again. can you not accept the Alta Letter showing the loan amount as XXXX.
XXXX

This is all that I have for this escrow as this closed/record on XXXX

XXXX


Seller Comment (2026-01-21): Title noted this on the XXXX when i asked again. can you not accept the Alta Letter showing the loan amount as XXXX.
XXXX

This is all that I have for this escrow as this closed/record on XXXX
XXXX


Reviewer Comment (2026-01-08): We need a title commitment or prelim with policy amount listed.


Seller Comment (2026-01-07): Title Letter for XXXX
01/21/2026     No 1 C A C A C A C A C A   HI Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000112138 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-01-27): Cleared based on review coming back within tolerances
01/27/2026     No 1   A   A   A   A   A   CT Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
XXXXX 4000103747 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves ofXXXX The representative FICO score exceeds the guideline minimum by at least 40 points. Guidelines Representative FICO: 660
Representative FICO: XXXX
SitusAMC Reviewer Comment (2025-12-19): Waived with compensating factors per lender exception approval.


Buyer Comment (2025-12-17): Please find exception attached. Thank you.


Buyer Comment (2025-12-17): Per matrix, reserves are not required.
    12/19/2025 No 2 C B C B C B C B C B   NY Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000108636 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-02-06): Accepted as is.
    02/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A N/A N/A No
XXXXX 4000108636 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-02-06): Accepted as is.
    02/06/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B B B A A N/A N/A No
XXXXX 4000108272 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1   Provided Appraisal Report is Incomplete       Reviewer Comment (2026-02-10): Received Appraisal. Exception cleared.


Seller Comment (2026-02-10): Comment from XXXX (XXXX): uploaded appraisal document
02/10/2026     No 1 D A D A D A D A D A   RI Second Home Purchase   D A C A C A D A Non QM Non QM No
XXXXX 4000108272 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - XXXX // Employment Type: Employment / Income Type: Wages / Start Date: XXXX       Reviewer Comment (2026-02-12): 10 day VVOE received


Seller Comment (2026-02-12): Comment from XXXX (XXXX): 10 day
02/12/2026     No 1 C A C A C A C A C A   RI Second Home Purchase   D A C A C A D A Non QM Non QM No
XXXXX 4000108272 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Verification of employment is not within XXXX days of the Note date.       Reviewer Comment (2026-02-12): 10 day VVOE received
02/12/2026     No 1 B A C A B A C A B A   RI Second Home Purchase Lender to provide updated ATR/QM Loan Designation D A C A C A D A Non QM Non QM Yes
XXXXX 4000108272 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Verification of employment is not within XXXX days of the Note date.       Reviewer Comment (2026-02-12): 10 day VVOE received
02/12/2026     No 1 C A C A C A C A C A   RI Second Home Purchase   D A C A C A D A Non QM Non QM No
XXXXX 4000112626 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing for both borrowers.       Reviewer Comment (2026-02-12): Received Fraud Report. Exception cleared.


Seller Comment (2026-02-12): Comment from XXXX (XXXX): Fraud Report
02/12/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000112626 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-02-11): Accepted as is.
    02/11/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000112594 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing copy of Tax Verification document .       Reviewer Comment (2026-02-17): Received Tax Verification. Exception cleared.


Seller Comment (2026-02-16): Comment from XXXX (XXXX): XXXX and XXXX are one and the same - see uploaded documentation


Reviewer Comment (2026-02-12): Provide Tax Verification for the Unit XXXX. Exception remains.


Seller Comment (2026-02-12): Comment from XXXX (XXXX): Tax bill spilt between the XXXX owners
02/17/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000112594 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-02-11): Accepted as is.
    02/11/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000112594 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXXexceeds tolerance of $XXXX plus XXXX% or $XXXX.  Sufficient or excess cure was provided to the XXXX .         Reviewer Comment (2026-02-11): Sufficient Cure Provided within XXXX of Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) C B C A B B A A Non QM Non QM Yes
XXXXX 4000112594 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $XXXXexceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the XXXX .         Reviewer Comment (2026-02-11): Sufficient Cure Provided within XXXX of Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Provide the following: Letter of Explanation notifying borrower or error, Copy of Refund Check/Evidence of Principal Reduction, Corrected CD, and Proof of Delivery (if refund is over $35) C B C A B B A A Non QM Non QM Yes
XXXXX 4000113594 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Divorce Decree / Child Support not provided   Provide child support order reflecting XXXX  owed per month.       Reviewer Comment (2026-03-03): Received, Clearing.


Seller Comment (2026-03-03): Comment from XXXX (XXXX): divorce decree
03/03/2026     No 1 C A C A C A C A C A   NH Investment Purchase   C B C A B B A A N/A N/A No
XXXXX 4000113594 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX business days prior to consummation.         Reviewer Comment (2026-02-13): .


Reviewer Comment (2026-02-13): Accepted as is.
    02/13/2026 No 2 B B B B B B B B B B   NH Investment Purchase   C B C A B B A A N/A N/A No
XXXXX 4000112115 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-16): Cleared based on review coming back within tolerances
02/16/2026     No 1 C A C A C A C A C A   OH Investment Purchase   C A C A     A A   N/A No
XXXXX 4000112115 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insurance address does not match Note address.           Reviewer Comment (2026-02-20): Received, Clearing.


Seller Comment (2026-02-20): Comment from XXXX (XXXX .): corrected insurance
02/20/2026     No 1 C A C A C A C A C A   OH Investment Purchase   C A C A     A A   N/A No
XXXXX 4000113051 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX  exceeds tolerance of $XXXX  plus XXXX % or $XXXX .  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-02-18): XXXX received Letter of explanation and Corrected Closing disclosure.


Seller Comment (2026-02-18): Comment from XXXX (XXXX): PCCD/LOE for post-consummation review due to escrow state and Final Settlement Stmt.
02/18/2026     No 1 C A C A C A C A C A   WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
XXXXX 4000114188 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX % of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at $XXXX .       Reviewer Comment (2026-02-24): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): RCE
02/24/2026     No 1 C A C A C A C A C A   CA Primary Purchase   D A C A D A A A Non QM Non QM No
XXXXX 4000114188 XXXXX   XXXXX     Compliance Compliance Federal Compliance Compliance Closing Disclosure Estimated Values Final Closing Disclosure used for fees provided on XXXX contains estimated values that may not represent final terms or closing costs to the borrower. Estimated Closing Disclosure used for any applicable Federal, State or Local compliance testing. If documented evidence is provided that estimate was for repair/construction costs or tax/insurance escrows ONLY (no holdback service fees or other estimated fees), then Estimated Closing Disclosure exception may be cleared. The closing disclosure reflects escrow hold in the amount of $XXXX       Reviewer Comment (2026-02-24): Funds were reimbursed to borrower at closing, evidenced with check from title


Seller Comment (2026-02-24): Comment from XXXX (XXXX): At the close of escrow the borrower's agreed to have the refundable pad go back to XXXX. He received, refund only and why it shows on the closing statement
02/24/2026     No 1 D A D A D A D A D A   CA Primary Purchase   D A C A D A A A Non QM Non QM No
XXXXX 4000114188 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on XXXX disclosed a Pad fee that was not allocated to a specific cost or service performed. The closing disclosure reflects escrow hold in the amount of $XXXX       Reviewer Comment (2026-02-25): PAD fee is reimbursement to borrower per final CD, PCCD and FSS.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): At the close of escrow the borrower's agreed to have the refundable pad go back to XXXX. He received, refund only and why it shows on the closing statement
02/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Pad Refund Check if applicable, and Corrected CD D A C A D A A A Non QM Non QM Yes
XXXXX 4000114188 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Post Close Closing Disclosure PAD Fee TILA-RESPA Integrated Disclosure - Post Closing Disclosure: Post Close Closing Disclosure provided on XXXX disclosed a Pad fee in the Loan Costs section that was not allocated to a specific cost or service performed. The closing disclosure reflects escrow hold in the amount of $XXXX       Reviewer Comment (2026-02-25): PAD fee is reimbursement to borrower per final CD, PCCD and FSS.


Buyer Comment (2026-02-24): Comment from XXXX (XXXX): At the close of escrow the borrower's agreed to have the refundable pad go back to XXXX. He received, refund only and why it shows on the closing statement
02/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase Exception cannot be cured but can be cleared with updated PCCD or ALTA/Final Settlement statement itemizing what costs/charges PAD fee was allocated towards. D A C A D A A A Non QM Non QM No
XXXXX 4000114188 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for PAD.  Fee Amount of $Use XXXXexceeds tolerance of $Use XXXX.  $Use XXXXover legal limit.  Insufficient or no cure was provided to the Use XXXX. The closing disclosure reflects escrow hold in the amount of $XXXX       Reviewer Comment (2026-02-25): PAD fee is reimbursement to borrower per final CD, PCCD and FSS.


Reviewer Comment (2026-02-25): XXXX receied Copy of refund check for $XXXX.However,we would also require Post CD,LOX and proof of mailing in order to cure the exception.


Buyer Comment (2026-02-24): Comment from XXXX (XXXX): At the close of escrow the borrower's agreed to have the refundable pad go back to XXXX. He received, refund only and why it shows on the closing statement
02/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A C A D A A A Non QM Non QM Yes
XXXXX 4000113883 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Asset statements must be dated no more than ninety (XXXX) days prior to the note date.       Reviewer Comment (2026-02-27): Statement dated within 90 days of closing, cleared
02/27/2026     No 1 B A C A B A C A B A   MA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
XXXXX 4000113883 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more XXXX components, the loan is at ATR risk. Asset statements must be dated no more than ninety (XXXX) days prior to the note date.       Reviewer Comment (2026-02-27): Statement dated within 90 days of closing, cleared
02/27/2026     No 1 C A C A C A C A C A   MA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000113883 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline Aged document: Asset Account date is more than 90 days prior to Closing. -         Reviewer Comment (2026-02-27): Statement dated within 90 days of closing, cleared


Seller Comment (2026-02-27): Comment from XXXX (XXXX): 401k


Reviewer Comment (2026-02-19): As per XXXX Guidelines Asset documents should be ninety (90) days prior to the note date. Provide recent bank statements. Exception remains.


Buyer Comment (2026-02-19): Comment from XXXX (XXXX): I don't see where the guides limit the age of assets docs to 90 days as investor appears to follow FNMA on this topic so we should be good up to 120 days. Please advise what you are seeing on your end. Thank you!
02/27/2026     No 1 C A C A C A C A C A   MA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000113883 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline Aged document: Asset Account date is more than 90 days prior to Closing. -         Reviewer Comment (2026-02-27): Statement dated within 90 days of closing, cleared


Seller Comment (2026-02-27): Comment from XXXX (XXXX): Investment acct


Reviewer Comment (2026-02-19): As per XXXX Guidelines Asset documents should be ninety (90) days prior to the note date. Provide recent bank statements. Exception remains.


Buyer Comment (2026-02-19): Comment from XXXX (XXXX): I don't see where the guides limit the age of assets docs to 90 days as investor appears to follow FNMA on this topic so we should be good up to 120 days. Please advise what you are seeing on your end. Thank you!
02/27/2026     No 1 C A C A C A C A C A   MA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000108878 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-18): Reopened


Reviewer Comment (2026-02-18): Cleared based on review coming back within tolerances
02/18/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000108878 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception approved to proceed as rate/term refi.  Property purchased XXXX with sales price XXXX and construction XXXX lien recorded XXXX. Comp factors: FICO above XXXX points minimum, and DSCR over XXXX Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC
Reviewer Comment (2026-02-17): Client elects to waive/regrade with compensating factors.
    02/17/2026 Yes 2 B B B B B B B B B B   PA Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000114348 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Legal Description not provided   Legal Description not provided in file       Reviewer Comment (2026-02-19): Received Legal Description. Exception cleared.


Seller Comment (2026-02-19): Comment from XXXX (XXXX): XXXX Please see attached
02/19/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A Non QM N/A No
XXXXX 4000114348 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2026-02-23): Received Evidence of Title. Exception cleared.


Seller Comment (2026-02-23): Comment from XXXX (XXXX): XXXX - see attached
02/23/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A A A A A Non QM N/A No
XXXXX 4000111934 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing letter of intent to sell departing residence.       Reviewer Comment (2026-02-24): Received Letter of intent to sell. Exception cleared.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): LOI
02/24/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 6000109254 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Provide an Operating Agreement for XXXX verifying ownership percentages.       Reviewer Comment (2026-02-02): Received Operating Agreement for XXXX. Exception Cleared.


Buyer Comment (2026-01-29): Attached is Amendment to Operating Agreement for XXXX showing borrower's percentage of ownership.


Reviewer Comment (2026-01-28): As per operating agreement of XXXX, business is 100% owned by XXXX Company. As per EIN of XXXX XXXX is sole member. We require operating agreement for XXXX to verify ownership % of XXXX. Exception remains.


Buyer Comment (2026-01-26): Please see attached in place of an "operating agreement" as the state of XXXX does not require one & the LLC does not have one. Thank you.


Buyer Comment (2026-01-26): Please see attached. Thank you.


Reviewer Comment (2026-01-26): Require Operating agreement for XXXX to confirm the borrower ownership interest in that business. Exception Remains.


Buyer Comment (2026-01-22): Please note Borrower is the "sole member" per the EIN letter as such there is no operating agreement on record. Thank you.
02/02/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A     A A   N/A No
XXXXX 6000109254 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Provide OFAC for the borrowing entity.       Reviewer Comment (2026-01-26): Received OFAC for the borrowing entity in the file. Exception Cleared.


Buyer Comment (2026-01-22): Please find clear OFAC for XXXX. Thank you.
01/26/2026     No 1 C A C A C A C A C A   NC Investment Purchase   C A C A     A A   N/A No
XXXXX 4000112483 XXXXX   XXXXX     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - The lender on Appraisal differs from the Note. The appraisal Transfer Letter is missing from the file.       Reviewer Comment (2026-02-19): Accepted as is.
    02/19/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   B B A A A A B B N/A N/A No
XXXXX 4000112328 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Title Commitment or Preliminary title policy amount is blank.       Reviewer Comment (2026-02-25): Received Title evidence with Policy Amount. Exception cleared.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): Supplement with loan amount attached
02/25/2026     No 1 C A C A C A C A C A   HI Second Home Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000113380 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.       Reviewer Comment (2026-02-20): Accepted  as is.
    02/20/2026 No 2 B B B B B B B B B B   TX Primary Purchase   D B D A B B A A Non QM Non QM No
XXXXX 4000113380 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Hazard Insurance Policy is missing.       Reviewer Comment (2026-02-21): Received, Clearing.


Seller Comment (2026-02-20): Comment from Purchasing Team (XXXX): HOI
02/21/2026     No 1 C A C A C A C A C A   TX Primary Purchase   D B D A B B A A Non QM Non QM No
XXXXX 4000113380 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security Instrument - Subject Lien is missing.       Reviewer Comment (2026-02-21): Received, Clearing.


Seller Comment (2026-02-20): Comment from Purchasing Team (XXXX): DOT
02/21/2026     No 1 D A D A D A D A D A   TX Primary Purchase   D B D A B B A A Non QM Non QM No
XXXXX 4000112238 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-02-23): Clearing based on review coming back within tolerances.
02/23/2026     No 1 C A C A C A C A C A   MI Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000113491 XXXXX   XXXXX     Property Property - Appraisal General Appraisal Requirements Property - Appraisal Valuation Exception:   Provided XXXX Appraisal is not illegible. Top and bottom of the page is cut off and verbiage is not mention for characteristics.       Reviewer Comment (2026-02-24): Received, Clearing.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): uploaded appraisal document
02/24/2026     No 1 C A C A C A C A C A   MD Second Home Purchase   D B A A C B D A Non QM Non QM No
XXXXX 4000113491 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Appraisal is missing. Sec ID: 1           Reviewer Comment (2026-02-24): Received, Clearing.
02/24/2026     No 1 D A D A D A D A D A   MD Second Home Purchase   D B A A C B D A Non QM Non QM No
XXXXX 4000113491 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-02-23): Accepted as is.
    02/23/2026 No 2 B B B B B B B B B B   MD Second Home Purchase   D B A A C B D A Non QM Non QM No
XXXXX 4000113491 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Certificate Fee.  Fee Amount of $XXXXexceeds tolerance of $XXXX.  $XXXXover legal limit.  Insufficient or no cure was provided to the borrower. Sufficient cure not provided       Reviewer Comment (2026-03-02): XXXX received corrected PCCD and LOE


Seller Comment (2026-02-26): Comment from XXXX (XXXX): uploaded corrected PCCD and LOE


Reviewer Comment (2026-02-26): XXXX received rebuttal, however if fee is a title fee it should have been disclosed with title prefix. Please provide updated PCCD with title prefix and LOE to re-evaluate the exception.


Buyer Comment (2026-02-25): Comment from XXXX (XXXX): Tax Cert Fee is a title fee and should be in section C. This is a can shop/did shop fee and falls under good faith tolerance, no cure required.


Reviewer Comment (2026-02-25): XXXX received rebuttal and LOE. If fee was not required, it should be listed in section H instead of section C.  Corrected CD and LOE required to remediate.


Seller Comment (2026-02-24): Comment from XXXX (XXXX): uploaded LOE
03/02/2026     No 1 C A C A C A C A C A   MD Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B A A C B D A Non QM Non QM Yes
XXXXX 4000112215 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $XXXXexceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-02-23): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   DC Second Home Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
XXXXX 4000112323 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage amount is $XXXX and the Note amount is $XXXX       Reviewer Comment (2026-02-24): Accepted as is.
    02/24/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000115626 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Loan Designation of Non QM updated from guidelines.       Reviewer Comment (2026-02-24): Accepted as is.
    02/24/2026 No 2 A A A A A A A A A A   CA Primary Purchase   B B B B A A A A Non QM Exempt from ATR No
XXXXX 4000115626 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Preliminary Title Report does not list coverage amount.       Reviewer Comment (2026-02-24): Accepted as is.
    02/24/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B A A A A Non QM Exempt from ATR No
XXXXX 4000112672 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The statement for the second mortgage on this property is missing.       Reviewer Comment (2026-03-02): Received Credit Supplement. Exception cleared.


Seller Comment (2026-03-02): Comment from XXXX (XXXX): Credit supplement
03/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000112672 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The statement for the second mortgage on this property is missing.       Reviewer Comment (2026-03-02): Received Credit Supplement. Exception cleared.


Seller Comment (2026-03-02): Comment from XXXX (XXXX): Credit supplement reflects HELOC has zero balance
03/02/2026     No 1 C A C A C A C A C A   TN Second Home Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000112672 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX       Reviewer Comment (2026-02-24): Accepted as is.
    02/24/2026 No 2 B B B B B B B B B B   TN Second Home Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000112672 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided.       Reviewer Comment (2026-03-03): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Buyer Comment (2026-03-02): Comment from XXXX (XXXX): Closing date updated from XXXX to XXXX
03/03/2026     No 1 C A C A C A C A C A   TN Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
XXXXX 4000112672 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX .  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-03): Sufficient Cure Provided At Closing
  XXXX   No 1   A   A   A   A   A   TN Second Home Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
XXXXX 4000116613 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided           Reviewer Comment (2026-02-27): Received, Clearing.


Seller Comment (2026-02-27): Comment from XXXX (XXXX): Hazard Insurance
02/27/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000116613 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Hazard Insurance is missing.       Reviewer Comment (2026-02-27): Received, Clearing.


Buyer Comment (2026-02-27): Comment from XXXX (XXXX): Insurance uploaded
02/27/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000112351 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-02-26): Accepted as is.
    02/26/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000114056 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-03-06): Received Title final, Exception Cleared.


Seller Comment (2026-03-06): Comment from XXXX (XXXX): Final Title
03/06/2026     No 1 C A C A C A C A C A   HI Second Home Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000114056 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   The file was missing a copy of the final title policy.       Reviewer Comment (2026-03-07): Received, Clearing.
03/07/2026     No 1 A A A A A A A A A A   HI Second Home Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000114056 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (XXXX) business days of application. Initial Loan Estimate dated XXXX was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Loan estimate was not provided to borrower within XXXX business days of application       Reviewer Comment (2026-03-03): XXXX received E-Sign Process Summary which shows Sent to Fulfillment date as XXXX which is within 3 days of the application.


Seller Comment (2026-03-02): Comment from XXXX (XXXX): Please see initial LE with summary of when was sent to borrower and TRID due dates. There was a weekend between app date and initial LE due date
03/03/2026     No 1 C A C A C A C A C A   HI Second Home Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000113390 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification is missing in file for REO property XXXX.       Reviewer Comment (2026-02-27): Received, Clearing.


Seller Comment (2026-02-27): Comment from XXXX (XXXX): Insurance
02/27/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000113390 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing in file.       Reviewer Comment (2026-02-27): Received, Clearing.


Seller Comment (2026-02-27): Comment from XXXX (XXXX): Fraud Report
02/27/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000113390 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing in file.       Reviewer Comment (2026-02-27): Received, Clearing.


Buyer Comment (2026-02-27): Comment from XXXX (XXXX): Fraud Report uploaded for review
02/27/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000116152 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-02-27): Accepted as is.
    02/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000114830 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $XXXX0 exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-05): XXXX received PCCD, LOE, proof of mailing & copy of refund check.


Seller Comment (2026-03-03): Comment from XXXX(XXXX): see attached
  XXXX   No 2 C B C B C B C B C B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
XXXXX 4000112169 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy amount is blank. If the prelim does not state a coverage amount,       Reviewer Comment (2026-03-02): Accepted as is.
    03/02/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000112169 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-03-03): XXXX: Sufficient cure provided. Full cure amount for tolerance violation was provided at closing (on final CD) resulting in a cleared exception.


Buyer Comment (2026-03-02): Comment from XXXX (XXXX): Appraisal review was refunded back to borrower per the Lender Credit in Section J Line 2 of the Final Closing Disclosure.
03/03/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000112169 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-03): Sufficient Cure Provided At Closing
  XXXX   No 1   A   A   A   A   A   CA Primary Purchase Final CD evidences Cure C B B B C A A A Non QM Non QM Yes
XXXXX 4000116468 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Only XXXX total tradelines active in last XXXX months with at least XXXX months of history. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
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Reviewer Comment (2026-03-03): Lender exception approved
    03/03/2026 Yes 2 B B B B B B B B B B   CA Primary Purchase   B B B B A A A A Non QM Non QM No
XXXXX 4000114001 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-03-02): Accepted as is.
    03/02/2026 No 2 B B B B B B B B B B   VA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000114001 XXXXX   XXXXX     Compliance Compliance State Compliance Misc. State Level Virginia Mortgage Lender and Broker Act (Dual Agency Compensation Without Notice) Virginia Mortgage Lender and Broker Act:  Mortgage broker also acting as agent has received compensation from the borrower without providing a written agreement to the borrower. Mortgage broker also acting as agent has received compensation from the borrower without providing a written agreement to the borrower.       Reviewer Comment (2026-03-02): Accepted as is.
    03/02/2026 No 2 B B B B B B B B B B   VA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000114149 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Copy/Rush Fee.  Fee Amount of $XXXXexceeds tolerance of $XXXX  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-02): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000114149 XXXXX   XXXXX     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Reviewer Comment (2026-03-03): Accepted as is.
    03/03/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000116583 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   The 1008 indicates an Investor exception was granted for XXXX months seasoning to u se sales net proceeds from primary residence for funds to close.  Provide completed Lender Exception Form. Borrower has verified disposable income of at least $2500.00.

Borrower's monthly mortgage payment has decreased by at least 20%.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
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Reviewer Comment (2026-03-03): Client exception received.


Seller Comment (2026-03-03): Comment from XXXX (XXXX): see attached
    03/03/2026 Yes 2 C B C B C B C B C B   FL Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000114934 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exceptions in file, with Approved Status are for bonus to be used in bonus calculation. We have a
letter confirming bonus will be paid in XXXX and to be XXXX% of salary. ($XXXX) This is
slightly higher than XXXX year end bonus which is documented on year end paystubs. Using an
average of XXXX ($XXXX) and current to be paid in March bonus gives us $XXXX in bonus
income. This allows our ratios to be in line with guideline qualifications.
Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
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Reviewer Comment (2026-03-02): Clients exception in the file.
    03/02/2026 Yes 2 B B B B B B B B B B   CA Primary Purchase   B B B B A A A A Non QM Non QM No
XXXXX 4000116563 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-03-06): XXXX received initial CD


Seller Comment (2026-03-05): Comment from XXXX (XXXX): Initial CD
03/06/2026     No 1 C A C A C A C A C A   CA Primary Purchase No Defined Cure C B B B C A A A Non QM Non QM No
XXXXX 4000116563 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   The Preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-03-04): Accepted as is.
    03/04/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000116563 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided to borrowers.       Reviewer Comment (2026-03-06): XXXX received valid COC


Seller Comment (2026-03-05): Comment from XXXX (XXXX): Increase was disclosed prior to closing. No cure required.
03/06/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000112154 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Re-Issue Fee.  Fee Amount of XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-03): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   VA Second Home Refinance - Rate/Term Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
XXXXX 4000112154 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-03): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   VA Second Home Refinance - Rate/Term Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
XXXXX 4000113886 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-03-03): Accepted as is.
    03/03/2026 No 2 B B B B B B B B B B   OR Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000114775 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-06): Clearing based on review coming back within tolerances.
03/06/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
XXXXX 4000113157 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-03-05): Accepted as is.
    03/05/2026 No 2 B B B B B B B B B B   VA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000115706 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-03-09): Accepted as is.
    03/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
XXXXX 4000115706 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2026-03-10): 2 months required per guidelines


Reviewer Comment (2026-03-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX.


Reviewer Comment (2026-03-09): As per XXXX Lending Guidelines XXXX, 9 Months reserves required for Expanded prime plus program with loan amount of $XXXX- $XXXX. Pease provide additional assets. Exception remains.


Buyer Comment (2026-03-09): Comment from XXXX (XXXX): please waive this condition XXXX guide line only require 2mths PI borrower have enough reserves
03/10/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
XXXXX 4000115706 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-03-10): Only 2 months reserves required per seller guidelines


Reviewer Comment (2026-03-10): As perXXXX Lending Guidelines XXXX, 9 Months reserves required for Expanded prime plus program with loan amount of $XXXX- $XXXX. Pease provide additional assets. Exception remains.


Buyer Comment (2026-03-09): Comment from XXXX (XXXX): please waive this condition XXXX guide line only require 2mths PI borrower have enough reserves
03/10/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
XXXXX 4000115706 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Short reserves requirement       Reviewer Comment (2026-03-10): Only 2 months reserves required per seller guidelines


Reviewer Comment (2026-03-10): As per XXXX Lending Guidelines XXXX, 9 Months reserves required for Expanded prime plus program with loan amount of $XXXX- $XXXX. Pease provide additional assets. Exception remains.


Buyer Comment (2026-03-09): Comment from XXXX (XXXX): please waive this condition XXXXK guide line only require 2mths PI borrower have enough reserves
03/10/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
XXXXX 4000112647 XXXXX   XXXXX     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Paid to Party cannot be determined on the Closing Disclosure for Title - Endorsement Fee, Title - Lender's Title Insurance and Title - Settlement / Closing / Escrow Fee       Reviewer Comment (2026-03-06): Accepted as is per client.
    03/06/2026 No 2 B B B B B B B B B B   WA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
XXXXX 4000112875 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from insurer. Calculations are based on 80% of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX.       Reviewer Comment (2026-03-26): RCE provided. Cleared.


Seller Comment (2026-03-26): Comment fromXXXX (XXXX): RCE


Reviewer Comment (2026-03-18): Without RCE the coverage must be XXXX% of the appraisal cost new based on needing to meet FNMA requirements.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): HOI COVERAGE IS MORE THAN SUFFICIENT.
03/26/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000116839 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-03-10): Sufficient documentation on file to exclude departing residence


Buyer Comment (2026-03-10): Comment from XXXX (XXXX): reclass if need
03/10/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
XXXXX 4000116839 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and XXXX of XXXX% significantly exceeds the guideline maximum of XXXX%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)         Reviewer Comment (2026-03-10): Sufficient documentation on file to exclude departing residence


Seller Comment (2026-03-10): Comment from XXXX (XXXX): See attached
03/10/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000116839 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Other real estate owned was not calculated into debt to income per final 1003 and Lender guidelines       Reviewer Comment (2026-03-10): Sufficient documentation on file to exclude departing residence


Reviewer Comment (2026-03-10): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Calculated investor qualifying total debt ratio of XXXX% exceeds Guideline total debt ratio of XXXX%.


Seller Comment (2026-03-10): Comment from XXXX (XXXX): See attached
03/10/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000116839 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Other mortgaged properties were not calculated into debt to income.       Reviewer Comment (2026-03-10): Sufficient documentation on file to exclude departing residence


Seller Comment (2026-03-10): Comment from XXXX (XXXX): see attached
03/10/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000116839 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Need a statement to verify the monthly payment for the HELOC on this property. This may increase the DTI that is already outside of guidelines.       Reviewer Comment (2026-03-10): HELOC on departing residence omitted per guidelines
03/10/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000117680 XXXXX   XXXXX     Credit Title Document Error Title The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Preliminary Title does not list coverage amount.       Reviewer Comment (2026-03-09): Accepted as is.
    03/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
XXXXX 4000117680 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.           Reviewer Comment (2026-03-12): Received, Clearing.


Seller Comment (2026-03-11): Comment from XXXX (XXXX): Hello, Please see attached
03/12/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
XXXXX 4000117680 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-03-09): Accepted as is.
    03/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
XXXXX 4000117680 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM updated from guidelines.       Reviewer Comment (2026-03-12): Received, Clearing.


Seller Comment (2026-03-11): Comment from XXXX (XXXX): Hello, Please see attached
03/12/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
XXXXX 4000117680 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX.       Reviewer Comment (2026-03-12): Received, Clearing.


Seller Comment (2026-03-11): Comment from XXXX (XXXX): Hello, Please see attached
03/12/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
XXXXX 4000111987 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXXover legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-03-16): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded ICD, COC, lock agreement documents
03/16/2026     No 1 C A C A C A C A C A   WA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000111987 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Both appraisals on file are cut off on the top and bottom of each page. Please provide legible copies of each.       Reviewer Comment (2026-03-11): Received, Clearing.


Seller Comment (2026-03-11): Comment from XXXX (XXXX): uploaded requested appraisal documents
03/11/2026     No 1 C A C A C A C A C A   WA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000111987 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-03-10): Accepted as is.
    03/10/2026 No 2 B B B B B B B B B B   WA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000115094 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt.       Reviewer Comment (2026-03-11): Accepted as is.
    03/11/2026 No 2 A A A A A A A A A A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Exempt from ATR No
XXXXX 4000115094 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account.       Reviewer Comment (2026-03-13): XXXX Received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2026-03-12): Comment from XXXX (XXXX.): PCCD
  XXXX   No 2 C B C B C B C B C B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Exempt from ATR Yes
XXXXX 4000115094 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is Missing       Reviewer Comment (2026-03-12): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX.): Fraud Report
03/12/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Exempt from ATR No
XXXXX 4000115094 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is Missing       Reviewer Comment (2026-03-17): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): Fraud Report attached.
03/17/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Exempt from ATR No
XXXXX 4000115094 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   1. Subject property has 2 ADUs & no comps available. (No more than XXXX units total)
2. Credit expires XXXX, request an extension for XXXX days. (Must close before credit is XXXX days aged)
Both approved with comp factors LTV <XXXX%, Score >XXXX, DTI <XXXX%, Residual income > $XXXX per month.
Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.
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Reviewer Comment (2026-03-11): Client elects to waive/regrade with compensating factors.
    03/11/2026 Yes 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Exempt from ATR No
XXXXX 4000115094 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-11): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure C B C B C B A A Non QM Exempt from ATR Yes
XXXXX 4000112234 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - Appraisal was made subject to and 442 is not in images.       Reviewer Comment (2026-03-12): Received 442 - Certificate of Completion. Exception cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded final inspection document
03/12/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A A A     C A   N/A No
XXXXX 4000112338 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. - XXXX - Certificate of Completion is missing.       Reviewer Comment (2026-03-12): Received 442 - Certificate of Completion. Exception cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded final inspection document
03/12/2026     No 1 C A C A C A C A C A   SC Investment Purchase   C A A A     C A   N/A No
XXXXX 4000114086 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.   The Hazard Insurance Policy effective date (XXXX) is after the loan closing date.       Reviewer Comment (2026-03-12): Updated policy provided. Cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded requested HOI document
03/12/2026     No 1 C A C A C A C A C A   WA Second Home Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
XXXXX 4000114296 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   $XXXX deposits posted on XXXX and XXXX into Ameriprise acct#XXXX are not seasoned for 120 days assets required under Asset Qualifier program Lender exception approved Comp factors FICO XXXX, 100 months of reserves and XXXX% down. Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The representative FICO score exceeds the guideline minimum by at least 40 points.
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Reviewer Comment (2026-03-11): Client elects to waive/regrade with compensating factors.
    03/11/2026 Yes 2 B B B B B B B B B B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000114296 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Purchase contract or sales contract for departing residence.       Reviewer Comment (2026-03-12): Cleared with estimated closing statement and the sale contract


Seller Comment (2026-03-12): Comment from XXXX (XXXX): attached
03/12/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000114340 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $-XXXX exceeds tolerance of $-XXXX. Insufficient or no cure was provided to the borrower. No Cure provided       Reviewer Comment (2026-03-16): XXXX Received Valid COC datedXXXX.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): uploaded LOE, ICD, and COC documents
03/16/2026     No 1 C A C A C A C A C A   WA Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
XXXXX 4000114035 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception approved for XXXX% LTV for Rural area.
Compensating Factors are no late payment housing history, SE for 4+ years, Strong FICO.
Credit score XXXX, Reserves XXXXmonths, Residual > $XXXX.
Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.
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Reviewer Comment (2026-03-24): Lender exception approved
    03/24/2026 Yes 2 B B B B B B B B B B   ID Primary Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000114035 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Verification of Donor wire from XXXX  for $XXXX was not provided.       Reviewer Comment (2026-03-26): Received, Clearing.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): GIFT FUNDS WIRE TRANSFER
03/26/2026     No 1 C A C A C A C A C A   ID Primary Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000114035 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk due to missing verification of Gift Donor Wire.       Reviewer Comment (2026-03-26): Received, Clearing.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): WIRE TRANSFER GIFT FUNDS
03/26/2026     No 1 B A C A B A C A B A   ID Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
XXXXX 4000114035 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. The loan is at ATR risk due to missing verification of Gift Donor Wire.       Reviewer Comment (2026-03-26): Received, Clearing.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): GIFT FUNDS WIRE
03/26/2026     No 1 C A C A C A C A C A   ID Primary Purchase   C B C B C A A A Non QM Non QM No
XXXXX 4000118432 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/XXXX)       Reviewer Comment (2026-03-11): Accepted as is.
    03/11/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000118453 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-17): Clearing based on review coming back within tolerances.
03/17/2026     No 1 C A C A C A C A C A   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
XXXXX 4000118453 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-03-11): Accepted as is.
    03/11/2026 No 2 B B B B B B B B B B   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
XXXXX 4000113730 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___         Reviewer Comment (2026-03-16): As per Closing Disclosure, disbursement date is XXXX and Hazard Insurance Effective Date is same as disbursement date. Exception cleared.


Buyer Comment (2026-03-16): Comment from XXXX (XXXX): Loan closed XXXX disbursement was XXXX when borrowers took ownership on the XXXX
03/16/2026     No 1 C A C A C A C A C A   GA Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000115825 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is Missing       Reviewer Comment (2026-03-12): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-12): Comment from XXXX (XXXX): Fraud Report
03/12/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000115825 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-11): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Second Home Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
XXXXX 4000112689 XXXXX   XXXXX     Credit Credit Credit Documentation Credit There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan.           Reviewer Comment (2026-03-18): Received property management statement confirming property is rented


Seller Comment (2026-03-18): Comment from XXXX (XXXX): Did you read the 1008? We delivered the attached. where did this land? Please waive.
03/18/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 4000112689 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The appraisal does not show the property is Tenant Occupied or Vacant and thus casts doubt on the business purpose of the loan.   The appraisal reflects the property is owner occupied Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.
  SitusAMC

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Reviewer Comment (2026-04-01): Client elects to waive.


Reviewer Comment (2026-03-25): Appraisal will need changed or an exception from the buyer of the loan will be needed.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): short term rentals don't show tenant occupied. Reivew the rental history from provided from management company. Thought those docs would take care of this pend as well.
    04/01/2026 Yes 2 C B C B C B C B C B   NC Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 4000112689 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $XXXXis insufficient to cover the 1st mortgage balance of $XXXX and a replacement cost value of $XXXX.  Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer. Coverage shortfall is $XXXX       Reviewer Comment (2026-03-18): There is coverage shortfall of $XXXX. Required Replacement cost estimator. Exception remains.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): see attached
03/18/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 4000115127 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-17): Clearing based on review coming back within tolerances.
03/17/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000115127 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-11): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
XXXXX 4000115127 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-11): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
XXXXX 4000116366 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2026-03-12): Accepted as is.
    03/12/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000116366 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Extension Fee.  Fee Amount of $XXXXexceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Sufficient cure provided.       Reviewer Comment (2026-03-17): XXXX Received Valid COC dated XXXX along with CD.


Seller Comment (2026-03-13): Comment from XXXX (XXXX): Please see initial CD dated XXXX with COC and tracking that was not included in the shipping package, this should clear the condition. Please review and waive.
03/17/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000116366 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal shows Property is in a PUD, but title and Security Instrument do not support as a PUD.  Land is on XXXX acres with a barn.       Reviewer Comment (2026-03-17): Appraisal indicates HOA fees is for road maintenance only, not for services offered as a PUD


Seller Comment (2026-03-17): Comment from XXXX (XXXX): Please see attached updated appraisal items, appraiser made comments around page 10 of the report, please review and clear condition.
03/17/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000115391 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   CDA provided is incomplete.       Reviewer Comment (2026-03-13): Received CDA. Exception cleared.


Seller Comment (2026-03-13): Comment from XXXX (XXXX): uploaded cda document
03/13/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - VVOE for Coborrower is ineligible. Unable to determine date provided.       Reviewer Comment (2026-04-01): Received paystubs and VVOE


Seller Comment (2026-04-01): Comment from XXXX (XXXX) uploaded VVOE and paystub documents


Reviewer Comment (2026-03-17): Provide VVOE and recent Paystubs for Borrower. Exception remains.


Seller Comment (2026-03-17): Comment from XXXX (XXXX)): uploaded requested VVOE that is dated XXXX
04/01/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided   Credit report is incomplete .       Reviewer Comment (2026-03-16): Received credit report


Seller Comment (2026-03-16): Comment from XXXX (XXXX): uploaded requested credit report document
03/16/2026     No 1 D A D A D A D A D A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   CDA provided is incomplete.       Reviewer Comment (2026-03-13): Received CDA. Exception cleared.
03/13/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000115391 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.       Reviewer Comment (2026-03-12): Client elects to waive
    03/12/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Cash-out - Other   D B D A B B D A   N/A No
XXXXX 4000113620 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-03-13): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-13): Comment from XXXX (XXXX): Fraud Report
03/13/2026     No 1 C A C A C A C A C A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Cure was not provided.       Reviewer Comment (2026-03-18): XXXX Received Valid COC dated XXXX along with detailed information about Product change.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/18/2026     No 1 C A C A C A C A C A   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Cure was not provided.       Reviewer Comment (2026-03-18): XXXX Received Valid COC dated XXXX along with detailed information about Product change.


Seller Comment (2026-03-17): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and Rate Lock Agreement documents
03/18/2026     No 1 C A C A C A C A C A   SC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Amount Financed Test TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate (fee amounts included in Amount Financed and Finance Charge calculations are based on Closing Disclosure dated XXXX). Final Closing Disclosure provided on XXXX disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of XXXX is over disclosed by XXXX compared to the calculated Amount Financed of XXXX and the disclosed Finance Charge is not accurate within applicable tolerances for Amount Financed to be considered accurate       Reviewer Comment (2026-04-13): XXXX received Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): uploaded updated cd, loe, XXXX, check


Reviewer Comment (2026-04-03): XXXX received lender rebuttal and lender's finance charges included in their calculation.  However, the Title-Title-Attorney fee of $XXXX and the Title-Mail Away Fee $XXXX were not included in lender's calculation. XXXX did not include the $XXXX title-update & record fee which makes for the $XXXX underdisclosure of Lender's finance charge calculation.  Lender can provide a lender's attestation that gives the specific services/purpose of the title-Attorney fee & Title-Mail Away fee for further review.  XXXX included these fees as the title-attorney fee appears to be the settlement/closing fee for this transaction as there is no other closing/settlement fees and the Title-Mail Away fee appears to be a courier type fee which is also a finance charge.  Otherwise cure would be Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing to cure.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): uploaded LOE document


Reviewer Comment (2026-03-18): Current fees being tested as APR fee are Application, Flood, Funding Fee, Discount Points, Interest, Processing Fee, Tax Service, Verification of Employment.  Title fees tested as APR fees are Attorneys Fee, CPL, Courier (which includes Mail Away and Overnight Fees) E-doc Fee, Processing Fee, Admin Fee.


Buyer Comment (2026-03-17): Comment from XXXX (XXXX): Please provide your APR fees
  XXXX   No 2 C B C B C B C B C B   SC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116476 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on pageXXXX that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated XXXX). The disclosed Finance Charge in the amount of XXXX is under disclosed by XXXX compared to the calculated Finance Charge of XXXX which exceeds the XXXX threshold.       Reviewer Comment (2026-04-13): XXXX eceived Letter of Explanation, Proof of Delivery, Refund check & Corrected CD


Seller Comment (2026-04-10): Comment from XXXX (XXXX): uploaded updated cd, loe, XXXX, check


Reviewer Comment (2026-04-03): XXXX received lender rebuttal and lender's finance charges included in their calculation.  However, the Title-Title-Attorney fee of $XXXX and the Title-Mail Away Fee $XXXX were not included in lender's calculation. XXXX did not include the $XXXX title-update & record fee which makes for the $XXXX underdisclosure of Lender's finance charge calculation.  Lender can provide a lender's attestation that gives the specific services/purpose of the title-Attorney fee & Title-Mail Away fee for further review.  XXXX included these fees as the title-attorney fee appears to be the settlement/closing fee for this transaction as there is no other closing/settlement fees and the Title-Mail Away fee appears to be a courier type fee which is also a finance charge.  Otherwise cure would be Corrected CD, LOE to borrower, copy of cure refund of $XXXX and proof of mailing to cure.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): uploaded updated LOE
  XXXX   No 2 C B C B C B C B C B   SC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000116165 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure. Initial Escrow Account statement does not match charges on HUD-1/Final Closing Disclosure.       Reviewer Comment (2026-03-12): Accepted as is.
    03/12/2026 No 2 B B B B B B B B B B   CA Second Home Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 2000000346 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (XXXX): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2026-03-13): Client elects to waive
    03/13/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 2000000346 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount ofXXXX exceeds tolerance ofXXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 2000000346 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount ofXXXXexceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 2000000346 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-13): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000117002 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-03-16): Client elects to waive
    03/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   D B B B B B D A N/A N/A No
XXXXX 4000117002 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-03-19): Received, Clearing.


Seller Comment (2026-03-19): Comment from XXXX (XXXX): Hello, please see attached.
03/19/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Rate/Term   D B B B B B D A N/A N/A No
XXXXX 4000117002 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (XXXX: Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-03-16): Client elects to waive
    03/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Rate/Term   D B B B B B D A N/A N/A No
XXXXX 4000114067 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   The file was missing copy of Fraud Report.       Reviewer Comment (2026-03-31): Received Fraud Report. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded requested document
03/31/2026     No 1 C A C A C A C A C A   AZ Second Home Purchase   D B C A B B D A Non QM Non QM No
XXXXX 4000114067 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-03-31): Received CDA. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded CDA document
03/31/2026     No 1 D A D A D A D A D A   AZ Second Home Purchase   D B C A B B D A Non QM Non QM No
XXXXX 4000114067 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-18): Accepted as is.
    03/18/2026 No 2 B B B B B B B B B B   AZ Second Home Purchase   D B C A B B D A Non QM Non QM No
XXXXX 4000113278 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-03-18): Accepted as is.
    03/18/2026 No 2 B B B B B B B B B B   KY Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000113278 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Missing Final 1003s for all borrowers on loan.       Reviewer Comment (2026-03-26): Received, Clearing.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): Please see attached
03/26/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Limited Cash-out GSE   C B C A B B A A   N/A No
XXXXX 4000114633 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-03-19): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and rate lock agreements documents
03/19/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
XXXXX 4000114633 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan).  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No Cure Provided       Reviewer Comment (2026-03-19): XXXX received LOX for rebuttal response with additional information for a valid Changed circumstance.


Seller Comment (2026-03-18): Comment from XXXX (XXXX): uploaded LOE, LE, COC, and rate lock agreements documents
03/19/2026     No 1 C A C A C A C A C A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
XXXXX 4000114633 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Need verification for omitting the XXXX and XXXX accounts from the DTI calculation.       Reviewer Comment (2026-03-25): Received, Clearing.


Seller Comment (2026-03-25): Comment from XXXX (XXXX): uploaded LOE document
03/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000117547 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee. Fee Amount of XXXX exceeds tolerance of XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-22): XXXX Received Corrected pccd and LOE with correct fee name.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): uploaded PCCD and LOE


Reviewer Comment (2026-03-26): XXXX received LOE, however wire fee was disclosed without title prefix. If fee a title fee, corrected PCCD updating title prefix and LOE are required.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded LOE document


Reviewer Comment (2026-03-23): XXXX No New Document received for added the fee and provided XXXX COC in the loan file does not give sufficient information on why the wire protection fee was added. In order to determine if the changed circumstance is valid more information is necessary on reason for the fee added and when lender became aware of the change.  A valid Changed Circumstance or cure is required.  Cure consists of Corrected CD, LOE to borrower, proof of mailing and copy of refund check.


Buyer Comment (2026-03-19): Comment from XXXX (XXXX): Uploaded LOE, ICD, COC, and Rate Lock Agreement
04/22/2026     No 1 C A C A C A C A C A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 2000000428 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception for refinance of vacant property in DSCR Program.
Compensating factors are reserves and very low LTV.
Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-16): Client elects to waive/regrade with compensating factors.
    03/16/2026 Yes 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000112590 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception in file as borrower is a 1099 employee and started XXXX and Inspector agency on XXXX which does not have 2 years however he has been working for XXXX Inspections XXXX since XXXX. The current YTD income does not support the income used to qualify. Also, the borrower recently started receiving income from XXXX as of XXXX to their company. Compensating factors include LTV XXXX% FICO> XXXX DTI XXXX% Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-19): Lender exception approved
    03/19/2026 Yes 2 B B B B B B B B B B   IL Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
XXXXX 4000117086 XXXXX   XXXXX     Credit Asset Asset Documentation Guideline The Earnest Money Deposit is unsourced. Please provide source documentation for the Earnest Money Deposit. - Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 D A D A D A D A D A   MD Second Home Purchase   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117086 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM XXXX (XXXX): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of XXXX. Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 B A C A B A C A B A   MD Second Home Purchase Lender to provide updated ATR/QM status D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117086 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - Assets General QM: Unable to verify assets using reasonably reliable third-party records. Missing source of EMD in the amount of XXXX       Reviewer Comment (2026-04-20): EMD not required to qualify
04/20/2026     No 1 C A C A C A C A C A   MD Second Home Purchase   D A D A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000118910 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.XXXX  Sufficient or excess cure was provided to the borrower at Closing. Fee Amount of XXXX exceeds tolerance of XXXX.Sufficient was provided to the borrower at Closing.       Reviewer Comment (2026-03-19): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
XXXXX 4000118910 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX.       Reviewer Comment (2026-03-25): Sufficient reserves verified with additional EMD verification


Seller Comment (2026-03-25): Comment from XXXX (XXXX): XXXX XXXX: Please note that discrepancy is that the investor is not including an additional XXXX k deposit that was already verified by the title company. Please see attached title receipt and proof of transfer.
03/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000118910 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR due to insufficient reserves       Reviewer Comment (2026-03-25): Sufficient reserves verified with additional EMD verification


Seller Comment (2026-03-25): Comment from XXXX (XXXX): XXXX XXXX: Please note that discrepancy is that the investor is not including an additional XXXX k deposit that was already verified by the title company. Please see attached title receipt and proof of transfer.
03/25/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
XXXXX 4000118910 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR due to insufficient reserves       Reviewer Comment (2026-03-25): Sufficient reserves verified with additional EMD verification


Seller Comment (2026-03-25): Comment from XXXX  (XXXX): XXXX: Please note that discrepancy is that the investor is not including an additional XXXX deposit that was already verified by the title company. Please see attached title receipt and proof of transfer.
03/25/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000116899 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is misisng.       Reviewer Comment (2026-03-30): Received Fraud report. Exception cleared.


Seller Comment (2026-03-30): Comment from XXXX (XXXX): Please see attached
03/30/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000116899 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2026-03-30): Received Fraud report. Exception cleared.


Seller Comment (2026-03-30): Comment from XXXX (XXXX): Please see attached.
03/30/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000116899 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-24): Clearing based on review coming back within tolerances.
03/24/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000116899 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy. Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. CLTV of XXXX% exceeds guidelines CLTV of XXXX%, due toXXXX reduction due to declining market. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-04-01): Client elects to waive with compensating factors


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Please see attached exception form


Reviewer Comment (2026-03-30): Fully Executed Lender Exception from XXXX is required. Exception Remains.


Seller Comment (2026-03-30): Comment from XXXX (XXXX): Please see exception that was already approved with XXXX% LTV.
    04/01/2026 Yes 2 C B C B C B C B C B   NJ Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000116899 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy. Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___. LTV of XXXX% exceeds guidelines of LTV of XXXX%, due to XXXX reduction in LTV due to declining market. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-04-01): Client elects to waive with compensating factors


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Please see attached exception form


Reviewer Comment (2026-03-30): Fully Executed Lender Exception from XXXX is required. Exception Remains.


Seller Comment (2026-03-30): Comment from XXXX (XXXX): Please see exception that was already approved with XXXX% LTV.
    04/01/2026 Yes 2 C B C B C B C B C B   NJ Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 2000000469 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-19): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   SC Primary Purchase Final CD evidences Cure C B B B C A A A Non QM Non QM Yes
XXXXX 2000000469 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing.       Reviewer Comment (2026-03-24): XXXX received XXXX CD received 3 business days prior to consummation.
03/24/2026     No 1 C A C A C A C A C A   SC Primary Purchase No Defined Cure C B B B C A A A Non QM Non QM No
XXXXX 2000000469 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan).  Fee Amount of XXXX exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-03-19): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   SC Primary Purchase Final CD evidences Cure C B B B C A A A Non QM Non QM Yes
XXXXX 2000000469 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception to use future retirement income that starts in July of XXXX. Borrower is retiring at the end of June. Borrower has verified disposable income of at least $2500.00.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-19): Lender exception approved
    03/19/2026 Yes 2 B B B B B B B B B B   SC Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000116903 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-24): Clearing based on review coming back within tolerances.
03/24/2026     No 1 C A C A C A C A C A   MN Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000122047 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-24): Clearing based on review coming back within tolerances.
03/24/2026     No 1 C A C A C A C A C A   VT Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000117959 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - 1-4 Family not provided           Reviewer Comment (2026-04-06): Rider provided. Cleared.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached
04/06/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000117959 XXXXX   XXXXX     Credit Investment Product General Investment Product REO property does not have a lease in place and required by guidelines. - Lease Agreement is missing.       Reviewer Comment (2026-04-07): After further review, exception has been cleared.


Seller Comment (2026-04-07): Comment from XXXX (XXXX): Please see attached.


Reviewer Comment (2026-04-06): Provide Lease Agreement or XXXX. Exception remains.


Seller Comment (2026-04-06): Comment from XXXX (XXXX): Please see attached borrower LOE. Borrower rents out this property several weeks of the year, perhaps similar to an XXXX. Check details were located in investor portal on pages 184-206 that reflects rents received.
04/07/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000118026 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Donor Check not provided   Missing Donor Check/Receipt for Gift Funds of XXXX       Reviewer Comment (2026-03-30): Received evidence the $XXXX difference was refunded back to the borrower therefore gift letter is valid


Reviewer Comment (2026-03-26): Still need the updated Gift letter in the amount of $XXXX.


Seller Comment (2026-03-26): Comment from XXXX (XXXX): $XXXX k check - only used $XXXX k gift. Please see evidence of $XXXX k refund to donor. No updated gift letter required.  Please clear.


Reviewer Comment (2026-03-24): Please provide updated gift letter reflecting the $XXXX amount that was gifted.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): Final CD & Final Settlement Statement confirm $XXXX k gift. Per title email & $XXXX k check copy, refund provided.
03/30/2026     No 1 C A C A C A C A C A   PA Investment Purchase   C A C A     A A   N/A No
XXXXX 4000115866 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Certificate Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. no cure was provided.       Reviewer Comment (2026-04-22): XXXX Received Corrected PCCD and LOE.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): uploaded pccd and loe documents


Reviewer Comment (2026-03-26): XXXX received COC dated XXXX and LOE with reason for change is due to product change and updated fee sheet received from title. However, as per file the loan product was not changed from XXXX and receipt of new title sheet also required reason as to what new changes has been received to lender/title that required the new service fee for Tax Cert.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded LOE, COC, and ICD documents
04/22/2026     No 1 C A C A C A C A C A   AR Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000115523 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing HOA verification       Reviewer Comment (2026-03-31): Received HOA Verification. Exception cleared.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): uploaded HOA document


Reviewer Comment (2026-03-24): Provide HOA for -XXXX (XXXX). Exception remains.


Seller Comment (2026-03-24): Comment from XXXX (XXXX): uploaded requested HOA document
03/31/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Limited Cash-out GSE   C A C A A A A A   N/A No
XXXXX 4000118891 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-03-24): Accepted as is.
    03/24/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118891 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Provide a copy of the appraisal invoice reflecting an amount of $XXXX, along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement. Without proof this fee was paid outside of closing, the loan will be short cash to close.       Reviewer Comment (2026-04-02): Received POCB Appraisal Invoice of $XXXX. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118891 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Provide a copy of the credit Report invoice reflecting an amount of $XXXX, along with documentation for additional assets totaling $XXXX to satisfy the reserve requirement. Without proof this fee was paid outside of closing, the loan will be short cash to close.       Reviewer Comment (2026-04-02): Received Credit Report Invoice. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached Credit Report invoice and PCCD updated to show the correct Credit Report Fee amount, thank you.


Reviewer Comment (2026-04-02): The invoice received is not related to the credit report fee. Please provide the correct invoice for the amount of XXXX. Exception remains.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118891 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2026-03-24): Accepted as is.
    03/24/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118891 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Originator Loan Designation of XXXX does not match Due Diligence Loan Designation of ATR Risk.       Reviewer Comment (2026-04-03): Received, Clearing.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached Credit Report invoice and PCCD updated to show the correct Credit Report Fee amount, thank you.


Reviewer Comment (2026-04-02): The invoice received is not related to the credit report fee. Please provide the correct invoice for the amount of XXXX. Exception remains.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/03/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
XXXXX 4000118891 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR risk.       Reviewer Comment (2026-04-03): Received, Clearing.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached Credit Report invoice and PCCD updated to show the correct Credit Report Fee amount, thank you.


Reviewer Comment (2026-04-02): The invoice received is not related to the credit report fee. Please provide the correct invoice for the amount ofXXXX. Exception remains.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/03/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118891 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2026-04-03): Received, Clearing.
04/03/2026     No 1   A   A   A   A   A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
XXXXX 4000118611 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-03-26): Clearing based on review coming back within tolerances.
03/26/2026     No 1 C A C A C A C A C A   NE Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000118585 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Short XXXX tradeline on credit report.  Borrower has XXXX mortgage and current prior rental verified XXXX months and also owns one REO free and clear.  Approved with LTV at XXXX%, XXXX months reserves and FICO XXXX, DSCR is XXXX. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-03-25): Lender exception approved
    03/25/2026 Yes 2 B B B B B B B B B B   NJ Investment Purchase   B B B B     A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy Certificate is missing in file.       Reviewer Comment (2026-03-27): Cleared occupancy cert received


Seller Comment (2026-03-27): Comment from XXXX (XXXX): uploaded requested occupancy document
03/27/2026     No 1 C A C A C A C A C A   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Compliance Compliance State Compliance Misc. State Level Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) Colorado Consumer Credit Code: Borrower not provided First Lien Refinance Notice. Borrower not provided First Lien Refinance Notice.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000115710 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of XXXX is less than the note amount of XXXX based on the Commitment in file.       Reviewer Comment (2026-03-26): Accepted as is.
    03/26/2026 No 2 B B B B B B B B B B   CO Investment Refinance - Limited Cash-out GSE   C B C B B B A A   N/A No
XXXXX 4000114274 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (XXXX) business days prior to closing. Missing evidence of borrower receipt of initial closing disclosure       Reviewer Comment (2026-04-01): XXXX received XXXX CD received 3 business days prior to consummation.


Seller Comment (2026-03-31): Comment from XXXX (XXXX): LL XXXX Please see attached
04/01/2026     No 1 C A C A C A C A C A   NC Second Home Purchase No Defined Cure C B B B C A A A Non QM Non QM No
XXXXX 4000114274 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of XXXX exceeds tolerance of XXXX.  XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-14): XXXX received CD and rate lock document


Seller Comment (2026-04-10): Comment from XXXX (XXXX): XXXX  XXXX The cost for the rate on  XXXX was $ XXXX due to the change in rate and loan amount. Then on  XXXX there was a 6 day lock-extension which caused the price for the rate to change from  XXXX% or $ XXXX to  XXXX% or $ XXXX. On wholesale loans lock actions are acceptable changes in circumstance. Please see the attached Lock Confirmations and Closing Disclosure.


Reviewer Comment (2026-04-06): XXXX: The COC dated  XXXX that was provided in the trailing images was also provided in the original loan package. However, the further increase of $ XXXX from $ XXXX on XXXX CD and file does not contain valid COC for the fee was increased. A valid COC for the fee increased or Cure is required to borrower.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): LL XXXX  on  XXXX there was a CofC to change the loan amount and the rate which caused a change in the pricing. A Closing Disclosure went out to the borrower on the same day to redisclose. Please see the attached CofC, Lock Confirmation, and CD.
04/14/2026     No 1 C A C A C A C A C A   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000114274 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of XXXX exceeds tolerance of XXXX. XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-06): XXXX received valid rebuttal comment and supporting XXXX COC for the re-inspection fee added.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): LL XXXX On XXXX  the Appraisal was completed and came back subject to repairs. This triggered the need for a final inspection. A CofC was submitted on the same day and an LE went out to the borrower.
04/06/2026     No 1 C A C A C A C A C A   NC Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000114274 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines state on a purchase transaction the seller must be on title for a minimum of XXXX days, (from the date seller takes title to the date the sales contract is executed). The subject property is new construction. The seller/builder acquired the property by deed dated XXXX and recorded XXXX. The purchase agreement is dated XXXX. A relationship between the seller and the previous owner was unable to be documented. Borrower has been employed in the same industry for more than 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
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Reviewer Comment (2026-03-27): Client elects to waive with compensating factors
    03/27/2026 Yes 2 B B B B B B B B B B   NC Second Home Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000116704 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure was provided.       Reviewer Comment (2026-04-01): XXXX received COC and LOE


Seller Comment (2026-03-30): Comment fromXXXX (XXXX): uploaded LOE, LE, and COC documents
04/01/2026     No 1 C A C A C A C A C A   WI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117361 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.       Reviewer Comment (2026-03-27): Accepted as is.
    03/27/2026 No 2 B B B B B B B B B B   NC Investment Refinance - Limited Cash-out GSE   B B A A B B A A   N/A No
XXXXX 4000121034 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA Letter is missing.       Reviewer Comment (2026-04-02): Received CPA. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000121034 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Bank statement is missing for #XXXX.       Reviewer Comment (2026-04-02): Received updated 1008 confirms that the verified assets total $XXXX; therefore, assets from account number XXXX are not required. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please kindly see the attached 1008 + 1003 showing the correct assets. Thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000121034 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Bank statement is missing for #XXXX.       Reviewer Comment (2026-04-02): Received updated 1008 confirms that the verified assets total $XXXX; therefore, assets from account number XXXX are not required. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please kindly see the attached 1008 + 1003 showing the correct assets. Thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000121034 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000121034 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-02): Received CPA. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached, thank you.


Reviewer Comment (2026-04-02): CPA letter is missing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please kindly see the attached 1008 + 1003 showing the correct assets. Thank you.
04/02/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
XXXXX 4000121034 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. CPA letter is missing.       Reviewer Comment (2026-04-02): Received CPA. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): Hello, please see attached, thank you.


Reviewer Comment (2026-04-02): CPA letter is missing.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Hello, please kindly see the attached 1008 + 1003 showing the correct assets. Thank you.
04/02/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000116801 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2026-03-30): Client elects to waive
    03/30/2026 No 2 B B B B B B B B B B   NH Investment Refinance - Limited Cash-out GSE   B B B B A A A A   N/A No
XXXXX 4000116036 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-01): Desk review received and supports primary appraisal


Seller Comment (2026-04-01): Comment from XXXX (XXXX): uploaded requested document
04/01/2026     No 1 D A D A D A D A D A   FL Investment Purchase   D A A A A A D A   N/A No
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Funding Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of XXXX exceeds tolerance of XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment fromXXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for XXXX.  Fee Amount of XXXX exceeds tolerance ofXXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-07): XXXX received detailed LOE to support VCC dated XXXX.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): uploaded LOE, LE, and COC documents
04/07/2026     No 1 C A C A C A C A C A   PA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117351 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient at XXXX       Reviewer Comment (2026-04-08): RCE disclosed on the hazard, cleared


Seller Comment (2026-04-08): Comment from XXXX (XXXX): uploaded requested
04/08/2026     No 1 C A C A C A C A C A   PA Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000117468 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ VOE no more than XXXX business days prior to the note was not in file.       Reviewer Comment (2026-04-08): VVOE completed post note date, which is acceptable per AUS


Reviewer Comment (2026-04-03): Received VVOE completed after Note date. Provide VVOE no more than 10 business days prior to the note. Exception remains.


Seller Comment (2026-04-03): Comment from XXXX (XXXX) Please see attached VVOE.
04/08/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
XXXXX 4000122068 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-02): Clearing based on review coming back within tolerances.
04/02/2026     No 1 C A C A C A C A C A   PA Investment Purchase   C A C A     A A   N/A No
XXXXX 4000119295 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000119526 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 4000119526 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 4000119940 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (XXXX): Safe Harbor requirements not satisfied.         Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000121117 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other   B B B B A A A A Non QM Non QM No
XXXXX 4000120381 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Title Commitment or Preliminary title policy amount is blank.       Reviewer Comment (2026-03-31): Accepted as is.
    03/31/2026 No 2 B B B B B B B B B B   CA Investment Purchase   C B C B     A A   N/A No
XXXXX 4000120381 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Incomplete Fraud Report provided in a file       Reviewer Comment (2026-04-01): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-01): Comment from XXXX (XXXX): Please see attached complete Fraud report
04/01/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C B C B     A A   N/A No
XXXXX 4000118893 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000118893 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000119939 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000119939 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000119939 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-06): Clearing based on review coming back within tolerances.
04/06/2026     No 1   A   A   A   A   A   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000120959 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000120959 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-08): Clearing based on review coming back within tolerances.
04/08/2026     No 1   A   A   A   A   A   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000119240 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   NV Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000118892 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000118892 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-01): Accepted as is.
    04/01/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000118892 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-07): Clearing based on review coming back within tolerances.
04/07/2026     No 1   A   A   A   A   A   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000122102 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   1004 Valuation in file. A secondary valuation was not located in file.       Reviewer Comment (2026-04-02): Received UCDP Submission Summary report with CU score of XXXX. Hence secondary valuation is not required. Exception cleared.


Seller Comment (2026-04-02): Comment from XXXX (XXXX): SSRuploaded
04/02/2026     No 1 D A D A D A D A D A   VA Primary Refinance - Cash-out - Other   D A A A A A D A Non QM Non QM No
XXXXX 4000122102 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-09): Clearing based on review coming back within tolerances.
04/09/2026     No 1   A   A   A   A   A   VA Primary Refinance - Cash-out - Other   D A A A A A D A Non QM Non QM No
XXXXX 4000119276 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000122011 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-04-09): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): Fraud Report
04/09/2026     No 1 C A C A C A C A C A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000122011 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX.  $XXXX over legal limit.  No cure provided.       Reviewer Comment (2026-04-23): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): Cure


Reviewer Comment (2026-04-10): XXXX received Corrected CD.  Missing LOE to borrower, Copy of Refund Check, proof of mailing.


Seller Comment (2026-04-08): Comment from XXXX (XXXX): PCCD
  XXXX   No 2 C B C B C B C B C B   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000122011 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing appraisal for departure residence pending sale as required per guidelines       Reviewer Comment (2026-04-22): Departure Residence 1004 provided. Cleared.


Seller Comment (2026-04-22): Comment from XXXX (XXXX): Appraisal for Departing Res
04/22/2026     No 1 C A C A C A C A C A   GA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000118775 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   AZ Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000120089 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-09): Clearing based on review coming back within tolerances.
04/09/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A B B A A Non QM Exempt from ATR No
XXXXX 4000120089 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least XXXX(XXXX) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived right to receive a copy of the appraisal at least XXXX (XXXX ) business days prior to closing, and appraisal was not provided at or before closing       Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 B B B B B B B B B B   NY Primary Purchase   C B C A B B A A Non QM Exempt from ATR No
XXXXX 4000120089 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-02): Accepted as is.
    04/02/2026 No 2 A A A A A A A A A A   NY Primary Purchase   C B C A B B A A Non QM Exempt from ATR No
XXXXX 4000121489 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2   A valid UCDP score was not provided. A secondary valuation is required to support the primary value for securitization purposes       Reviewer Comment (2026-04-03): Received UDCP report. Exception cleared.


Seller Comment (2026-04-03): Comment from XXXX (XXXX): Hello, please see attached, thank you.
04/03/2026     No 1 D A D A D A D A D A   TX Primary Purchase   D B A A B B D A Non QM Non QM No
XXXXX 4000121489 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   TX Primary Purchase   D B A A B B D A Non QM Non QM No
XXXXX 4000121215 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000121215 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-04-03): Accepted as is.
    04/03/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000121215 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-14): Cleared based on review coming back within tolerances
04/14/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000122442 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-16): Clearing based on review coming back within tolerances.
04/16/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000122442 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Missing Lease Agreement for REO       Reviewer Comment (2026-04-13): Received, Clearing.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Lease Agreement - XXXX


Reviewer Comment (2026-04-13): Please provide Lease agreement for REO located at XXXX. Exception remains.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Lease agreements for REOs: XXXX, XXXX, and XXXX
04/13/2026     No 1 B A C A B A C A B A   CA Second Home Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
XXXXX 4000122442 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (XXXX% Method) using reasonably reliable third-party records. Missing Lease Agreement       Reviewer Comment (2026-04-13): Received, Clearing.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Lease Agreement - XXXX
04/13/2026     No 1 C A C A C A C A C A   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000122442 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (XXXX): General Ability-to-Repay requirements not satisfied. Calculated Available for Reserves of $XXXX is less than Guideline Available for Reserves of $XXXX .       Reviewer Comment (2026-08-05): There were additional assets on file that were not previously considered. After including the assets, there were sufficient reserves verified.


Reviewer Comment (2026-08-05): reopened


Reviewer Comment (2026-04-13): Received, Clearing.
08/05/2026     No 1 A A A A A A A A A A   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000122442 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. No cure provided.       Reviewer Comment (2026-04-30): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-04-29): Comment from XXXX(XXXX): XXXX Tracking


Reviewer Comment (2026-04-28): XXXX received Post CD,LOX,Copy of refund check and proof of mailng .XXXX tracking indicates label has been created, but package has not been shipped. Proof of mailing required to cure.


Seller Comment (2026-04-27): Comment from XXXX (XXXX): Shipping label for cure check


Reviewer Comment (2026-04-24): XXXX received corrected Closing disclosure, LOE and copy of refund check. However, the proof of mailing to borrower was not located in trailing documents. Please provide proof of mailing to borrower to complete remediation.


Seller Comment (2026-04-23): Comment from XXXX (XXXX): Corrected PCCD, Check with Cure amount, and proof of mailing.


Reviewer Comment (2026-04-22): XXXX received LOE for cure, however we also require PCCD, proof of mailing & copy of refund check to cure the exception.


Seller Comment (2026-04-21): Comment from XXXX (XXXX): All documents showing cure sent to borrower.


Reviewer Comment (2026-04-20): XXXX received LOE. After finalizing the PCCD the XXXX% fees are still over the XXXX% tolerance.

However, the Title fees were disclosed in Section B which are tested at XXXX% tolerance. Provider listed on SSPL is XXXX.  Fees on CD were paid to XXXX. Appears borrower shopped for title fees. Corrected CD moving the title fees to Section C and LOE to borrower required to cure.


Seller Comment (2026-04-17): Comment from XXXX (XXXX): LOE


Reviewer Comment (2026-04-15): XXXX received corrected PCCD reconciled with the final SS but missing LOE to borrower accompanying CD.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Not sure where the tolerance fail is coming from. The endorsement fee increased by $XXXX at closing to the final HUD, however, the recording fee went down from $XXXX to $XXXX which would have offset this. There should be no cure needed as our mavent passed. Which CD is this being compared to? We do not have a mavent fail on our end.
  XXXX   No 2 C B C B C B C B C B   CA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000122442 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. XXXX reflects Appraisal sent XXXX.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Second Home Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000122152 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-16): Enhanced Review order cancelled by the client.
04/16/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C B C A B B A A Non QM N/A No
XXXXX 4000122152 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Investment Purchase   C B C A B B A A Non QM N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant XXXX (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Notice of Special Flood Hazard Disclosure is dated XXXX .       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-04-14): Received Fraud report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Cleared FG attached
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   Initial 1003 is missing.       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Certificate is missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Refer to the attached property profile for tax verification
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Certificate is missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Refer to the attached property profile for tax verification
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Tax Verification. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Tax Cert


Reviewer Comment (2026-04-14): Received property profile, however which is not confirming tax. Exception remains.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Tax Certificate is missing.       Reviewer Comment (2026-04-14): Received Tax Certificate. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Subject property tax cert attached
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Attached
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX -  is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Hazard Insurance and Tax Certificate are missing.       Reviewer Comment (2026-04-14): Received Property history report. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): XXXX - - is free and clear. Hence, HOI is not applicable. Refer to the attached property profile for tax verification.
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy.   Calculated Available for Reserves of $XXXX  is less than required reserves of $XXXX       Reviewer Comment (2026-04-14): Verified sufficient reserves with cash out


Seller Comment (2026-04-14): Comment from XXXX (XXXX): Borrower received $XXXX in proceeds
04/14/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Non-Required Data Disbursement Date Missing Test Disbursement Date Missing: Evidence of disbursement date not found in file. Note Interest Accrual Start Date of XXXX used as disbursement date for compliance testing. Closing Disclosure in file reflects Disbursement date is XXXX .       Reviewer Comment (2026-04-06): Accepted as is.
    04/06/2026 No 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect Missing Closing Disclosure:  No Document Used For Fee Testing Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable.         Reviewer Comment (2026-04-14): Final HUD received


Seller Comment (2026-04-14): Comment from XXXX (XXXX): This is a NON-TRID transaction - attached is the HUD
04/14/2026     No 1 D A D A D A D A D A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000113423 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Missing EIN  XXXX.       Reviewer Comment (2026-04-14): Received Business entity listing with EIN. Exception cleared.


Seller Comment (2026-04-14): Comment from XXXX (XXXX): EIN listed on XXXX Business Site
04/14/2026     No 1 C A C A C A C A D A   FL Investment Refinance - Cash-out - Other   D B D A D B A A N/A N/A No
XXXXX 4000114473 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance of XXXX plus XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-06): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   SC Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
XXXXX 4000117960 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule XXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status. Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (XXXX) business days of application or determination of first lien status.       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   MD Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000117960 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: Occupancy Certificate not provided   Occupancy certificate       Reviewer Comment (2026-04-08): Received Occupancy Certificate. Exception cleared.


Seller Comment (2026-04-08): Comment from  XXXX ( XXXX): uploaded occupancy doc
04/08/2026     No 1 C A C A C A C A C A   MD Investment Purchase   C B C A B B A A   N/A No
XXXXX 4000122018 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing a copy of Certificate of Good Standing       Reviewer Comment (2026-04-13): Received Certificate of Good Standing. Exception cleared.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): XXXX - XXXX: Please see attached.
04/13/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000123127 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   NY Investment Purchase   C A C A     A A   N/A No
XXXXX 4000123917 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000119126 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119126 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119126 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119126 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (XXXX) business days of application. Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119126 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (XXXX): List of Homeownership Counseling Organizations not provided to applicant within three (XXXX) business days of application. List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application       Reviewer Comment (2026-04-07): Accepted as is.
    04/07/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119126 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Maximum Loan Amount discrepancy. Note loan amount of ___ is greater than Guideline maximum loan amount of ___. Note loan amount of $XXXX is greater than Guideline maximum loan amount of $XXXX Borrower has been employed in the same industry for more than 5 years.

Borrower has owned the subject property for at least 5 years.

Borrower has verified disposable income of at least $2500.00.

Borrower has worked in the same position for more than 3 years.

Borrower's monthly mortgage payment has decreased by at least 20%.

Borrower's monthly reserves have been verified and exceed the guideline required amount by the equivalent of 4 months PITIA or more.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.
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Reviewer Comment (2026-04-14): Client exception received.


Seller Comment (2026-04-13): Comment from XXXX (XXXX): Hello, please see attached, thank you.
    04/14/2026 Yes 2 C B C B C B C B C B   CA Primary Refinance - Rate/Term   C B C B B B A A Non QM Non QM No
XXXXX 4000119115 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000121613 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Title Commitment or Preliminary title policy amount is blank.       Reviewer Comment (2026-04-08): Accepted as is.
    04/08/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B A A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay XXXX): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Missing W-2/paystub (LES/ETS) or WVOE income documents.       Reviewer Comment (2026-04-10): Received WVOE. Exception cleared.
04/10/2026     No 1 B A C A B A C A B A   TX Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
XXXXX 4000121469 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Wages Ability to Repay (Dodd-Frank 2014):  Unable to verify income due to, missing  W-2, Paystub, LES, ETS or WVOE. Missing W-2/paystub (LES/ETS) or WVOE income documents.       Reviewer Comment (2026-04-10): Received WVOE. Exception cleared.
04/10/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (XXXX): General Ability-to-Repay requirements not satisfied. Missing W-2/paystub (LES/ETS)/WVOE income documents.       Reviewer Comment (2026-04-10): Received WVOE. Exception cleared.
04/10/2026     No 1 A A A A A A A A A A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Donor Check not provided   The source of funds for the $XXXX gift is missing.       Reviewer Comment (2026-04-10): Received Wire Confirmation - Fed Ref Number. Exception cleared.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Wire Receipt


Reviewer Comment (2026-04-09): Received the gift letter, Need the donor check, or wire receipt and source of funds for the gift.


Seller Comment (2026-04-09): Comment from XXXX (XXXX): Gift letter for $XXXX
04/10/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing W-2/paystub (LES/ETS) or WVOE income documents.       Reviewer Comment (2026-04-10): Received WVOE. Exception cleared.


Seller Comment (2026-04-10): Comment from XXXX (XXXX): Verification of employment
04/10/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Missing W-2/paystub (LES/ETS) or WVOE income documents.       Reviewer Comment (2026-04-10): Received WVOE. Exception cleared.
04/10/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000121469 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-16): Enhanced Review order cancelled by the client.
04/16/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
XXXXX 4000123434 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant 3 business days prior to consummation. (Type:Primary/XXXX)       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000120610 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal delivered to the borrower was not found in file.       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000120610 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-09): Accepted as is.
    04/09/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000121378 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-16): Enhanced Review order cancelled by the client.


Reviewer Comment (2026-04-16): Buyer ordered review. Nothing to do at this time.


Buyer Comment (2026-04-16): Comment from XXXX (XXXX): Please advise on the status of this condition
04/16/2026     No 1   A   A   A   A   A   TX Primary Purchase   A A A A A A A A Non QM Non QM No
XXXXX 4000120429 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance Verification was not found in file for REO XXXX .       Reviewer Comment (2026-04-13): Property is vacant land, received letter of explanation. Exception cleared.


Seller Comment (2026-04-13): Comment from  XXXX ( XXXX): uploaded LOE. REO property in question is Land
04/13/2026     No 1 C A C A C A C A C A   GA Investment Purchase   C A C A A A A A   N/A No
XXXXX 4000118944 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt Of Appraisal is missing.       Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   PA Second Home Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
XXXXX 4000123494 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Preliminary Title Report does not list coverage amount.       Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B A A A A Non QM Non QM No
XXXXX 4000123494 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1   A   A   A   A   A   CA Primary Purchase   B B B B A A A A Non QM Non QM No
XXXXX 4000122092 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-04-10): Client elects to waive
    04/10/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000121159 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 4000121033 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal delivered to borrower was not provided       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   NV Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000121326 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000121326 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000123788 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Rate/Term   B B B B     A A   N/A No
XXXXX 4000121892 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1   A   A   A   A   A   TX Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
XXXXX 4000121488 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided           Reviewer Comment (2026-04-16): Short-term rent property and vacation rental income statement is available. Exception cleared.


Seller Comment (2026-04-16): Comment from XXXX (XXXX): This is a short-term rent property and a Short term review
04/16/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000121488 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1   A   A   A   A   A   PA Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000121890 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000122863 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   XXXX Provide with appraisal, but property seems to be a STR. XXXX shows SXXXX, which gives a DSCR score of XXXX. Exception is to use XXXX report at XXXX occupancy; monthly rent is $XXXX, which gives a DSCR score of XXXX. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-04-14): Lender exception approved
    04/14/2026 Yes 2 B B B B B B B B B B   PA Investment Purchase   C B C B     A A   N/A No
XXXXX 4000122863 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-04-14): Client elects to waive
    04/14/2026 No 2 B B B B B B B B B B   PA Investment Purchase   C B C B     A A   N/A No
XXXXX 4000122863 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   PA Investment Purchase   C B C B     A A   N/A No
XXXXX 4000121280 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-16): Enhanced Review order cancelled by the client.
04/16/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000121280 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000121280 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Preliminary Title in file does not list coverage amount. Title Commitment in file not completed.       Reviewer Comment (2026-04-14): Accepted as is.
    04/14/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000122873 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   WA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000122873 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.       Reviewer Comment (2026-04-14): Client elects to waive
    04/14/2026 No 2 B B B B B B B B B B   WA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000121733 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   TX Primary Refinance - Cash-out - Other   D B A A D B A A Non QM Non QM No
XXXXX 4000121733 XXXXX   XXXXX     Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section XXXX: Acknowledgment of the Fair Market Value not properly executed by the Lender. Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2026-04-17): Received, Clearing.


Seller Comment (2026-04-16): Comment from XXXX: Hello, please see attached, thank you.
04/17/2026     No 1 C A C A C A C A D A   TX Primary Refinance - Cash-out - Other To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. D B A A D B A A Non QM Non QM Yes
XXXXX 4000123248 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   IN Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000122752 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   MI Investment Purchase   C A C A     A A   N/A No
XXXXX 4000124087 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000124087 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Preliminary Title Report does not list coverage amount.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000124087 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Trust Agreement (Asset) not provided   Please provide the Trust Agreement for Account ending in #XXXX.       Reviewer Comment (2026-04-29): Received Trust Agreement. Exception cleared.


Seller Comment (2026-04-29): Comment from XXXX (XXXX): Hello, please see attached.


Reviewer Comment (2026-04-17): We need the trust to verify the uses of the funds from the account.


Buyer Comment (2026-04-16): Comment from XXXX: Hello, the bank statement shows that the Borrower is the Trustee on Pg.1 of the statement. Therefore, the bank statement itself should be sufficient. Thank you.
04/29/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000123213 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   OK Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000122885 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000121528 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-04-15): Accepted as is.
    04/15/2026 No 2 B B B B B B B B B B   VA Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000123131 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   TX Primary Purchase   C B A A C B A A Non QM Non QM No
XXXXX 4000123131 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX or Final Disclosure APR ofXXXX is equal to or greater than the threshold of APORXXXX Non-Compliant Higher Priced Mortgage Loan. APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%. Non-Compliant Higher-Priced Mortgage Loan.       Reviewer Comment (2026-04-17): Received Appraisal delivery confirmation. Exception cleared.


Seller Comment (2026-04-17): Comment fromXXXX (XXXX: HPML Checklist
04/17/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C B A A C B A A Non QM Non QM No
XXXXX 4000123131 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-17): Received Appraisal delivery confirmation. Exception cleared.


Seller Comment (2026-04-17): Comment from XXXX: Appraisal Receipt
04/17/2026     No 1 C A C A C A C A C A   TX Primary Purchase   C B A A C B A A Non QM Non QM No
XXXXX 4000122516 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation are missing.       Reviewer Comment (2026-04-17): Received  Articles of Organization/Formation. Exception cleared.


Seller Comment (2026-04-17): Comment from XXXX: Please see uploaded articles of organization.
04/17/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000122516 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000125363 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Lease Agreement is missing for REO XXXX.       Reviewer Comment (2026-04-17): Received Lease agreement. Exception cleared.


Seller Comment (2026-04-17): Comment from XXXX: Lease Agreement for XXXX
04/17/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Email XXXX in file reflects Appraisal sent XXXX.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (XXXX: Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Email XXXX reflects Appraisal sent XXXX.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Originator Loan Designation of Non QM updated from guidelines.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 A A A A A A A A A A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) New York Subprime Loan: Counseling Disclosure not provided to borrower. New York Subprime Loan: Counseling Disclosure is missing.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase No obvious cure C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance State Compliance State HPML (State HPML Provision) New York Subprime Loan (Provision Increasing Rate After Default) New York Subprime Loan: Mortgage loan contains a provision that increases interest rate after default. Default Rider in file.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase Provide the following: Letter of Explanation, modification of loan terms to remove the provision to increase the interest rate after default and proof of mailing. C B C A C B A A Non QM Exempt from ATR Yes
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) New York Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. New York Subprime Loan Disclosure is missing.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase Provide the following:  Letter of Explanation,  corrected Mortgage (with required Legend) signed by consumers, and proof of re-recording. C B C A C B A A Non QM Exempt from ATR Yes
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance State Compliance State HPML New York Subprime Home Loan Threshold Fixed Non-Compliant New York Subprime Loan: APR on subject loan of XXXX or Final Disclosure APR ofXXXX is in excess of allowable threshold of Prime Mortgage Market Rate XXXX.  Non-Compliant SubPrime Loan. APR on subject loan of XXXX% or Final Disclosure APR of XXXX% is in excess of allowable threshold of Prime Mortgage Market Rate XXXX + XXXX%, or XXXX%.  Non-Compliant Sub Prime Loan.       Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   NY Primary Purchase No obvious cure.  Cure provision under NY Subprime 6-m(7) appears to be limited to making a non-compliant NY Subprime loan into a compliant NY subprime loan with no explicit cure language permitting loan to be refunded or cured by reducing the APR to effectively bring the loan out of NY Subprime status. C B C A C B A A Non QM Exempt from ATR Yes
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of XXXX exceeds tolerance ofXXXX plus 1XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-16): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   NY Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Exempt from ATR Yes
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Lease agreement for REO and VVOE within XXXX days not in file.       Reviewer Comment (2026-04-20): VVOE and Lease Agreement provided. Cleared.


Buyer Comment (2026-04-20): Comment from XXXX: Is there anything needed to clear this besides the lease agreement and updated VVOE provided?
04/20/2026     No 1 B A C A B A C A B A   NY Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Exempt from ATR Yes
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - REO 25% Method Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (XXXX Method) using reasonably reliable third-party records. Lease agreement is missing       Reviewer Comment (2026-04-20): VVOE and Lease Agreement provided. Cleared.
04/20/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (XXXX): General Ability-to-Repay requirements not satisfied. Lease agreement is missing       Reviewer Comment (2026-04-20): VVOE and Lease Agreement provided. Cleared.
04/20/2026     No 1 A A A A A A A A A A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Verification(s) of Employment is not within XXXX business days of the Note.       Reviewer Comment (2026-04-20): Received VVOE. Exception cleared.


Seller Comment (2026-04-20): Comment from XXXX: VVOE for XXXX


Reviewer Comment (2026-04-17): As per final 1003 Income from the employer - XXXX is used for qualification. Exception remains.


Seller Comment (2026-04-17): Comment from XXXX: Final 1003 doesn't use employer in income calculation.


Reviewer Comment (2026-04-17): As per 1003 and WVOE employer is - XXXX. Required VVOE for the same. Exception remains.


Buyer Comment (2026-04-17): Comment from XXXX: Provided VVOE for both sources of income. XXXX and XXXX)
There is no employer XXXX


Reviewer Comment (2026-04-17): Required VVOE for the Employment - XXXX. Exception remains.


Seller Comment (2026-04-17): Comment from XXXX: VVOE with reverification date XXXX
04/20/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Lease agreement for REO and VVOE within XXXX days not in file       Reviewer Comment (2026-04-20): VVOE and Lease Agreement provided. Cleared.
04/20/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000125363 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Trust Agreement (Asset) not provided   Trust Agreement is missing.       Reviewer Comment (2026-04-17): Trust Agreement not required. Exception cleared.


Buyer Comment (2026-04-17): Comment from XXXX: File not closed in a trust
04/17/2026     No 1 C A C A C A C A C A   NY Primary Purchase   C B C A C B A A Non QM Exempt from ATR No
XXXXX 4000123555 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 4000123555 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   The file is missing a copy of Employer Identification Number (EIN)       Reviewer Comment (2026-04-27): Received Employer Identification Number (EIN). Exception cleared.


Seller Comment (2026-04-27): Comment from XXXX: XXXX EIN number
04/27/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 4000122761 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000122761 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation.         Reviewer Comment (2026-04-16): Accepted as is.
    04/16/2026 No 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000123885 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of XXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX. A cure of $XXXX was provided.       Reviewer Comment (2026-04-16): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CO Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
XXXXX 4000123905 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   VA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000123905 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   VA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000121216 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000117957 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (XXXX) business days prior to consummation. The verification appraisal that was delivered to the borrower was not found in file.       Reviewer Comment (2026-04-17): Accepted as is.
    04/17/2026 No 2 B B B B B B B B B B   NC Investment Purchase   B B A A B B A A   N/A No
XXXXX 4000123033 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   IL Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000121846 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   MI Investment Purchase   C B C B     A A   N/A No
XXXXX 4000121846 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender Exception with Approved Status reflects Each Borrower must have a minimum of three (3) tradelines from traditional credit sources that reported for XXXXs or more, with at least one (1) of these must be open and active for the last 12 months. The Borrower has XXXX tradelines reporting for XXXX and XXXX months, but none have been open and active within past twelve (12) months. The Borrower currently has XXXX tradelines that are currently open and active reporting for XXXX and XXXX months with the other an authorized user account. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-20): Lender exception approved
    04/20/2026 Yes 2 B B B B B B B B B B   MI Investment Purchase   C B C B     A A   N/A No
XXXXX 4000123170 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000123170 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The Preliminary title policy is within CA, does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000123170 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Missing invoices to evidence the POC fees were paid outside of closing.       Reviewer Comment (2026-04-20): Clear, with POCB invoice


Seller Comment (2026-04-20): Comment from XXXX: Hello, please see attached.
04/20/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000122124 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-20): Loan has been removed from the Enhanced Review per the client.
04/20/2026     No 1 C A C A C A C A C A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000122124 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2026-04-24): Cleared with evidence of boat slip


Seller Comment (2026-04-24): Comment from XXXX: This is a boat slip/landing. Docs attached with HOA dues. No HOI dues on Boat landings. Please waive cond.
04/24/2026     No 1 C A C A C A C A C A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000122124 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Policy is short of $XXXX; need replacement cost estimator or updated hazard policy covering Loan Amount.       Reviewer Comment (2026-05-04): Received RCE. Exception cleared.


Seller Comment (2026-05-04): Comment from XXXX: see attached


Reviewer Comment (2026-04-29): File did not contain an estimated cost to replace from the insurer.  Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost the purchase price) using agency calculation methods.  Coverage is insufficient by $XXXX.  Exception remains.


Seller Comment (2026-04-29): Comment from XXXX: see attached rebuttal and LOE from Ins agent.
05/04/2026     No 1 C A C A C A C A C A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000122124 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-20): Accepted as is.
    04/20/2026 No 2 B B B B B B B B B B   NC Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000123171 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000122896 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount ofXXXXexceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   AZ Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000122896 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount ofXXXX exceeds tolerance of XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   AZ Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000122896 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (XXXX) business days prior to closing, and appraisal was not provided at or before closing. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   AZ Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000122988 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-23): Clearing based on review coming back within tolerances.
04/23/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C A C A     A A   N/A No
XXXXX 4000120624 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-21): Accepted as is.
    04/21/2026 No 2 B B B B B B B B B B   VA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
XXXXX 4000120624 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-04-24): Amount/Incorrect Data Entry. Upon further review consumer within 0% tolerance requirements.


Buyer Comment (2026-04-22): Comment from XXXX: Hello, the Transfer Tax was disclosed as $XXXX on the Initial LE, which is the baseline, and XXXX on the Consummation CD. Therefore, there was no increase. We believe the Reviewer is confusing the Recording Fee on the Initial LE, which was disclosed as $XXXX and comparing it with the Transfer Tax on the Consummation CD, which is XXXX. Could you please kindly waive this condition as we feel that it does not apply to our loan? Thank you.
04/24/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
XXXXX 4000122635 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-24): Clearing based on review coming back within tolerances.
04/24/2026     No 1 C A C A C A C A C A   CA Second Home Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Available for Closing is insufficient to cover Cash from Borrower.       Reviewer Comment (2026-04-22): With using the PCCD and Final closing statement, sufficient funds to close have been verified


Reviewer Comment (2026-04-22): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of  $XXXX is less than Cash From Borrower $XXXX.


Seller Comment (2026-04-22): Comment from XXXX: We have already included the post-CD in the closing package. We would appreciate it if you could kindly double-check it.
04/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Paid invoice for the appraisal is missing.       Reviewer Comment (2026-04-22): With using the PCCD and Final closing statement, sufficient funds to close have been verified


Buyer Comment (2026-04-22): Comment from XXXX: We have never sent an invoice for the appraisal before. Is there a specific reason it is being requested this time? If not, we would appreciate it if you could kindly waive it.
04/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Paid invoice for the credit report is missing.       Reviewer Comment (2026-04-22): With using the PCCD and Final closing statement, sufficient funds to close have been verified


Buyer Comment (2026-04-22): Comment from XXXX: We have never sent an invoice for the credit report before. Is there a specific reason it is being requested this time? If not, we would appreciate it if you could kindly waive it.
04/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided       Reviewer Comment (2026-04-22): Accepted as is.
    04/22/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided       Reviewer Comment (2026-04-22): Accepted as is.
    04/22/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000124104 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Available for Closing is insufficient to cover Cash from Borrower.       Reviewer Comment (2026-04-22): With using the PCCD and Final closing statement, sufficient funds to close have been verified


Buyer Comment (2026-04-22): Comment from XXXX: We have already included the post-CD in the closing package. We would appreciate it if you could kindly double-check it.
04/22/2026     No 1 B A C A B A C A B A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
XXXXX 4000124104 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Available for Closing is insufficient to cover Cash from Borrower.       Reviewer Comment (2026-04-22): With using the PCCD and Final closing statement, sufficient funds to close have been verified


Seller Comment (2026-04-22): Comment from XXXX: We have already included the post-CD in the closing package. We would appreciate it if you could kindly double-check it.
04/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 4000123937 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-24): Clearing based on review coming back within tolerances.
04/24/2026     No 1 C A C A C A C A C A   KY Investment Purchase   C A C A     A A   N/A No
XXXXX 4000126202 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-24): Clearing based on review coming back within tolerances.
04/24/2026     No 1 C A C A C A C A C A   WA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000121956 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Employer Identification Number (EIN) is missing.       Reviewer Comment (2026-04-29): Received Employer Identification Number (EIN). Exception cleared.


Seller Comment (2026-04-29): Comment from XXXX: EIN from IRS


Reviewer Comment (2026-04-28): Required Employer Identification Number (EIN) for business - XXXX to clear the exception. Exception remains.


Seller Comment (2026-04-28): Comment from XXXX: Receipt for Name Change


Reviewer Comment (2026-04-28): EIN documentation received reflects the borrower's prior business name, XXXX. EIN documentation for XXXX is required. Exception remains.


Seller Comment (2026-04-28): Comment from XXXX: EIN for XXXX


Reviewer Comment (2026-04-24): Per guidelines EIN is required for all entity's.


Buyer Comment (2026-04-24): Comment from XXXX: EIN=SSN. DSCR doesn't use any employment/income and only relies on cash flowing the investment property, so no employer information is supposed to be present.
04/29/2026     No 1 C A C A C A C A C A   VA Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000123331 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-22): Accepted as is.
    04/22/2026 No 2 B B B B B B B B B B   VA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
XXXXX 4000123331 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of XXXX or Final Disclosure APR of XXXX is equal to or greater than the threshold of APOR XXXX% + XXXX%, or XXXX%.  Non-Compliant Higher Priced Mortgage Loan. Non-Compliant as the loan is missing evidence the borrower received a copy of the appraisal 3 days prior to closing.       Reviewer Comment (2026-04-28): Received Acknowledgement of Receipt of Appraisal signed by the borrower at closing, confirming the receipt of Appraisal 3 days prior to closing. Exception cleared.


Seller Comment (2026-04-28): Comment from XXXX: Hello, please see attached.
04/28/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
XXXXX 4000123331 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-28): Received Acknowledgement of Receipt of Appraisal signed by the borrower at closing, confirming the receipt of Appraisal 3 days prior to closing. Exception cleared.


Seller Comment (2026-04-28): Comment from XXXX: Hello, please see attached.
04/28/2026     No 1 C A C A C A C A C A   VA Primary Refinance - Cash-out - Other   C B A A C B A A Non QM Non QM No
XXXXX 4000124634 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Evidence of Access to Funds not provided   Operating Agreement is missing for XXXX.       Reviewer Comment (2026-04-23): Received Operating Agreement confirming borrower's ownership in the business. Exception cleared.


Seller Comment (2026-04-23): Comment from XXXX: Operating Agreement for XXXX
04/23/2026     No 1 C A C A C A C A C A   LA Investment Purchase   C A C A     A A   N/A No
XXXXX 4000122019 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2 B B B B B B B B B B   WI Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000125923 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-27): Clearing based on review coming back within tolerances.
04/27/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000125923 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline Short Term Rental property consistently used as a seasonal or vacation rental (i.e., AirBnB) and evidence of at least 12 months of Operating History is not present in the loan file.   Short Term Rental used consistently as a seasonal or vacation rental requires at least 12 months of Operating History, which is not present in the loan file.       Reviewer Comment (2026-04-24): Received 12 months Operating History. Exception cleared.


Seller Comment (2026-04-23): Comment from XXXX: Please see uploaded short-term rental documentation.
04/24/2026     No 1 C A C A C A C A C A   ID Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000124982 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-27): Clearing based on review coming back within tolerances.
04/27/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000124982 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Exception to First Colony guide for a loan amount over $XXXX DSCR at XXXX% LTV Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Seasoned Borrower/Investor whose experience exceeds 10 completed projects.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-23): Lender exception approved
    04/23/2026 Yes 2 B B B B B B B B B B   NY Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000124982 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-04-23): Accepted as is.
    04/23/2026 No 2 B B B B B B B B B B   NY Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000126481 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower has multiple loans with XXXX, Over XXXX, As per guidelines a single borrower shall not exceed $XXXX in current unpaid principal balance
(UPB).
Compensating Factors are Borrower has deep credit history and reserves in excess.
      Reviewer Comment (2026-04-30): Guideline allows $XXXX Million in exposure which was met


Reviewer Comment (2026-04-29): Guidelines in file limit exposure to $XXXX.


Seller Comment (2026-04-29): Comment from XXXX: please see attached


Reviewer Comment (2026-04-27): Exception request must go to the buyer portal.


Seller Comment (2026-04-27): Comment from XXXX: see attached
04/30/2026     No 1 C A C A C A C A C A   UT Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000126481 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-29): Clearing based on review coming back within tolerances.
04/29/2026     No 1 C A C A C A C A C A   UT Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000125740 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-29): Clearing based on review coming back within tolerances.
04/29/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
XXXXX 4000125740 XXXXX   XXXXX     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 5, 7, 8, 9, 10 or DC) Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. Second lien being paid off is the same original lender as the subject loan.       Reviewer Comment (2026-04-24): Accepted as is.
    04/24/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A B B A A Non QM Non QM Yes
XXXXX 4000123456 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-29): Clearing based on review coming back within tolerances.
04/29/2026     No 1 C A C A C A C A C A   OH Investment Purchase   C A C A     A A   N/A No
XXXXX 4000122587 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-29): Clearing based on review coming back within tolerances.
04/29/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
XXXXX 4000123162 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   No evidence in file of primary housing history.       Reviewer Comment (2026-04-30): Provided. Clearing.


Seller Comment (2026-04-30): Comment from XXXX: Supplemental Report
04/30/2026     No 1 C A C A C A C A D A   TX Investment Purchase   D A D A     A A   N/A No
XXXXX 4000124802 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-04-24): Accepted as is.
    04/24/2026 No 2 B B B B B B B B B B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000126361 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   The file did not contain an estimated cost to replace from insurer. Calculations are based on XXXX of the insurable value of the improvements (from appraiser cost provided or if no appraiser cost, the purchase price) using agency calculation methods. Coverage is insufficient by $XXXX       Reviewer Comment (2026-04-27): Received Replacement Cost Estimator. Exception cleared.


Seller Comment (2026-04-27): Comment from XXXX: Please see uploaded insurance agent confirmation of XXXX % replacement cost coverage.
04/27/2026     No 1 C A C A C A C A C A   KY Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000122026 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception for the borrower living rent free on a DSCR loan. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-04-27): Lender exception approved
    04/27/2026 Yes 2 B B B B B B B B B B   IL Investment Purchase   B B B B     A A   N/A No
XXXXX 4000125600 XXXXX   XXXXX     Compliance Compliance Federal Compliance TILA ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM Rider was signed XXXX.       Reviewer Comment (2026-05-06): ARM disclosure received dated XXXX, which is product changed


Reviewer Comment (2026-05-04): ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM Rider provided was signed XXXX. Exception remains.


Seller Comment (2026-05-04): Comment from XXXX: arm disclosure uploaded
05/06/2026     No 1 C A C A C A C A C A   GA Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
XXXXX 4000125470 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-04-29): Clearing based on review coming back within tolerances.
04/29/2026     No 1 C A C A C A C A C A   NY Investment Purchase   C A C A     A A   N/A No
XXXXX 4000123315 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000123315 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-27): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000122279 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure for property located in a flood zone. Notice of Special Flood Hazard Disclosure was not signed and dated by Borrower.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 2000000572 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   WA Second Home Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 2000000575 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification that the appraisal was delivered to the borrower was not provided.       Reviewer Comment (2026-04-27): Accepted as is.
    04/27/2026 No 2 B B B B B B B B B B   NV Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000126949 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report was not found in file.       Reviewer Comment (2026-04-30): Received Fraud Report. Exception cleared.


Seller Comment (2026-04-30): Comment from XXXX: Fraud Report Attached
04/30/2026     No 1 C A C A C A C A C A   NY Investment Purchase   C A C A     A A   N/A No
XXXXX 4000123856 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt.       Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 A A A A A A A A A A   TX Primary Purchase   D B D A B B A A Non QM Exempt from ATR No
XXXXX 4000123856 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   The file is missing copy of Security Instrument.       Reviewer Comment (2026-05-04): Received Security Instrument. Exception cleared.


Seller Comment (2026-05-04): Comment from XXXX: DEED


Reviewer Comment (2026-04-29): Received Note is already available in file. Please provide Security Instrument. Exception remains.


Seller Comment (2026-04-29): Comment from XXXX: Note
05/04/2026     No 1 D A D A D A D A D A   TX Primary Purchase   D B D A B B A A Non QM Exempt from ATR No
XXXXX 4000123856 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   TX Primary Purchase   D B D A B B A A Non QM Exempt from ATR No
XXXXX 4000123856 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Legal Description not provided           Reviewer Comment (2026-05-04): Received Legal Description. Exception cleared.


Seller Comment (2026-05-04): Comment from XXXX: Legal
05/04/2026     No 1 C A C A C A C A C A   TX Primary Purchase   D B D A B B A A Non QM Exempt from ATR No
XXXXX 4000123931 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX)       Reviewer Comment (2026-04-28): Accepted as is.
    04/28/2026 No 2 B B B B B B B B B B   NY Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000124499 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-04-29): Received UCDP Submission Summary report with CU score less thanXXXX  Hence, Secondary Valuation is not required. Exception cleared.


Seller Comment (2026-04-29): Comment from XXXX: SSR
04/29/2026     No 1 D A D A D A D A D A   VA Investment Purchase   D A A A A A D A N/A N/A No
XXXXX 4000119082 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   MD Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000119082 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-04-29): Accepted as is.
    04/29/2026 No 2 B B B B B B B B B B   MD Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000127345 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   Hazard Insurance Policy (XXXX) Effective date isXXXX       Reviewer Comment (2026-05-04): Received updated Hazard Insurance Policy. Exception cleared.


Seller Comment (2026-05-04): Comment from XXXX: Extension HOI uploaded


Reviewer Comment (2026-05-01): As this is a refinance transaction, the hazard insurance policy must be active as of the closing date. The provided policy shows an effective date of XXXX, which is after the note date. Please provide a hazard insurance policy that is active as of the note date (XXXX) for the subject property. Exception Remains.


Seller Comment (2026-05-01): Comment from XXXX: HOI Uploaded
05/04/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000127345 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   HUD/CD is missing.       Reviewer Comment (2026-04-30): Received, Clearing.


Seller Comment (2026-04-30): Comment from XXXX: Settlement Statement uploaded
04/30/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000127345 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing is missing.       Reviewer Comment (2026-05-20): Received Business Entity Listing. Exception cleared.


Seller Comment (2026-05-20): Comment from XXXX: Correct COGS uploaded


Reviewer Comment (2026-05-04): Please provide COGS dated within 30 days prior to closing


Seller Comment (2026-05-04): Comment from XXXX: GOGS uploaded
05/20/2026     No 1 C A C A C A C A C A   NJ Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000123944 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not found in file.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   VA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000123778 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-05): Clearing based on review coming back within tolerances.
05/05/2026     No 1 C A C A C A C A C A   CO Primary Purchase   D A C A A A D A Non QM Non QM No
XXXXX 4000123778 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2 Note Date:  ___; Lien Position: ___ A valid UCDP Score was not provided. Secondary Valuation required.       Reviewer Comment (2026-05-06): UCDPs with acceptable risk scores, cleared


Seller Comment (2026-05-06): Comment from XXXX: ssr report. please review and advise.


Reviewer Comment (2026-05-06): UCDP's with risk scores (XXXX) were not provided. A secondary valuation is required if an acceptable UCDP cannot be obtained


Seller Comment (2026-05-06): Comment from XXXX: please review and  advise
05/06/2026     No 1 D A D A D A D A D A   CO Primary Purchase   D A C A A A D A Non QM Non QM No
XXXXX 4000123209 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXXexceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-30): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   GA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
XXXXX 4000126027 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000126027 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-30): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
XXXXX 4000126027 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - Fraud Report is missing.       Reviewer Comment (2026-05-01): Received Fraud report. Exception cleared.


Seller Comment (2026-05-01): Comment from XXXX: Please see attached
05/01/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 4000126027 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
Preliminary Title Report does not list coverage amount.       Reviewer Comment (2026-04-30): Accepted as is.
    04/30/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
XXXXX 2000000570 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Donor Check not provided   Donor check was not found in file.       Reviewer Comment (2026-05-01): Received Wire confirmation. Exception cleared.


Buyer Comment (2026-05-01): Donor check
05/01/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 2000000570 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.         Reviewer Comment (2026-05-01): Accepted as is.
    05/01/2026 No 2 B B B B B B B B B B   FL Primary Purchase   C B C A C B A A Non QM Non QM No
XXXXX 2000000570 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Initial Closing Disclosure was not provided to borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-05-04): XXXX received updated CD with proof of earlier receipt.
05/04/2026     No 1 C A C A C A C A C A   FL Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
XXXXX 2000000646 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Payment Shock exceeds credit guidelines. Payment Shock: ___ As per guidelines, the maximum payment shock permitted is XXXX%. The lender exception form in the loan file for the lender exception is incomplete, provide completed lender exception form. Borrower has verified disposable income of at least $2500.00.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-05-01): Client elected to waive/regrade with compensating factors. Lender exception provided.


Buyer Comment (2026-05-01): Exception form
    05/01/2026 Yes 2 C B C B C B C B C B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 2000000646 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-04-30): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM Yes
XXXXX 4000127600 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-06): Clearing based on review coming back within tolerances.
05/06/2026     No 1 C A C A C A C A C A   HI Investment Purchase   C A C A     A A   N/A No
XXXXX 4000123509 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal was not found in file.       Reviewer Comment (2026-05-01): Accepted as is.
    05/01/2026 No 2 B B B B B B B B B B   FL Investment Purchase   B B A A B B A A N/A N/A No
XXXXX 4000125211 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Title Policy Coverage is less than Original Loan Amount.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold) XXXX (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold)       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Buyer Comment (2026-05-05): Comment from XXXX : XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower XXXX (HOEPA): HOEPA disclosure was not provided to the borrower.       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Buyer Comment (2026-05-05): Comment from XXXX : XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees) Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees. XXXX (HOEPA): Mortgage loan financed Points and Fees.       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Buyer Comment (2026-05-05): Comment fromXXXX : XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days. XXXX (HOEPA): Mortgage loan contains a late charge that exceeds the greater of XXXX of the amount past due or grace period of less than 15 days.       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Buyer Comment (2026-05-05): Comment from XXXX: XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within 2% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $XXXX.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXXon a Federal Total Loan Amount of $XXXX vs. an allowable total of $XXXX (an overage of $XXXX or .XXXX%).  Non-Compliant High Cost Loan. XXXX (XXXX): Points and Fees on subject loan of XXXX% is in excess of the allowable maximum of XXXX% of the Federal Total Loan Amount. Points and Fees of $XXXX on a Federal Total Loan Amount of $XXXX versus an allowable total of $XXXX (an overage of $XXXX). Non-Compliant High-Cost Loan.       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Seller Comment (2026-05-05): Comment from XXXX: XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate (also known as undiscounted rate) is within XXXX% higher than APOR which allows for XXXX% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. C B B B C A A A Non QM Non QM Yes
XXXXX 4000125211 XXXXX   XXXXX     Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement) Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met. XXXX (HOEPA): Pre-loan counseling requirements not met.       Reviewer Comment (2026-05-05): Received undiscounted interest rate and price


Buyer Comment (2026-05-05): Comment from XXXX: XXXX See attached Lock Action with highlighted undiscounted rate, bonafide discount (if applicable) and calculation portion. Par rate(also known as undiscounted rate) is within XXXX% higher than APOR which allows for 1% bonafide discount to be applied. The Undiscounted Interest Rate Price is $0.
05/05/2026     No 1 C A C A C A C A C A   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-06): XXXX received a valid COC.


Seller Comment (2026-05-05): Comment from XXXX: XXXX The XXXX Loan Exception form was submitted on XXXX. It was subsequently added to the lock on XXXX and redisclosed to the borrower on the same day. This timeline is compliant.
05/06/2026     No 1 C A C A C A C A C A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000125211 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-06): Sufficient cure provided. Full cure amount for tolerance violation was provided at or before closing (on final CD) resulting in a cleared exception.


Seller Comment (2026-05-05): Comment from XXXX: XXXX Please see the attached Final Closing Disclosure and Tolerance Cure breakdown which shows the borrower was provided a credit at closing for the increase in the Transfer Tax.
05/06/2026     No 1 C A C A C A C A C A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C A A A Non QM Non QM Yes
XXXXX 4000125211 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines state that self-employed borrower income in a licensed profession will be considered from a business that has been in existence for less than two years but greater than one year if the borrower has at least two years of documented previous experience in the same profession, or evidence of formal education in a related field. XXXX is the business being used for income qualifications. The borrower owns XXXX% of the business and it was incorporated XXXX. CPA states the borrower has been self-employed in the same line of work as a tailor for more than two years. Additionally, the borrower worked at a XXXX XXXXXX from XXXX. The W2 has been provided, which supports the earnings were on average. The FICO is XXXX and the LTV is XXXX%. Borrower has been employed in the same industry for more than 5 years.

Borrower has worked in the same position for more than 3 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-05-04): Client elected to waive/regrade with compensating factors. Lender exception provided.
    05/04/2026 Yes 2 B B B B B B B B B B   OH Primary Purchase   C B B B C A A A Non QM Non QM No
XXXXX 4000125211 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-06): Sufficient Cure Provided At Closing
  XXXX   No 1   A   A   A   A   A   OH Primary Purchase Final CD evidences Cure C B B B C A A A Non QM Non QM Yes
XXXXX 4000124599 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided           Reviewer Comment (2026-05-11): Cleared- operating agreement or equilavent


Seller Comment (2026-05-11): Comment from XXXX: Per Novus UW -  To take the place of the Operating agreement, they can use the CPA letter. They can also document the borrower's XXXX% ownership with the IRS EIN letter. Please advise. Thank you.


Reviewer Comment (2026-05-08): Operating Agreement not received, Exception remains.


Seller Comment (2026-05-08): Comment from XXXX: cpa letter in lieu of operating agreement
05/11/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 4000123911 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.           Reviewer Comment (2026-05-08): Updated disbursement date via PCCD provided. Cleared.


Seller Comment (2026-05-08): Comment from XXXX: Hello, Please see attached
05/08/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000123911 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within XXXX and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
XXXXX 4000125727 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to the borrower, but it was not provided.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 4000122058 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   NJ Investment Refinance - Rate/Term   B B B B     A A   N/A No
XXXXX 4000126318 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-07): Clearing based on review coming back within tolerances.
05/07/2026     No 1   A   A   A   A   A   NV Investment Purchase   A A A A     A A   N/A No
XXXXX 4000121783 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-07): Clearing based on review coming back within tolerances.
05/07/2026     No 1   A   A   A   A   A   MI Investment Refinance - Cash-out - Other   A A A A     A A   N/A No
XXXXX 4000123789 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-07): Clearing based on review coming back within tolerances.
05/07/2026     No 1   A   A   A   A   A   IL Investment Purchase   A A A A     A A   N/A No
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to the applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to the applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-04): Client elects to waive
    05/04/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Payment Max Amount TILA-RESPA Integrated Disclosure - Loan Terms: Final Closing Disclosure provided on XXXX with an increasing payment disclosed the maximum possible amount of principal and interest that does not match the actual maximum amount for the loan. Loan Terms: Final Closing Disclosure provided on XXXX with an increasing payment disclosed the maximum possible amount of principal and interest that does not match the actual maximum amount for the loan. Final CD list payment of $XXXX vs the calculated payment of XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Buyer Comment (2026-05-22): LOE


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.


Reviewer Comment (2026-05-05): The provided note indicates a payment amount of $XXXX.  All note copies in the loan file reflect the same payment amount.  Calculations indicate the payment amount should be $XXXX.  The initial payment amount listed on the CD also shows a payment amount of $XXXX, but pay stream shows an initial payment of $XXXX.  Cure requires reissue of note and final CD for testing and PCCD, LOE, Copy of any refund check required, reopening of RTC and proof of delivery to cure.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 2 of $XXXX vs calculated payment of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 3 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 3 of $XXXX vs calculated payment of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Adjustable Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 4 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided onXXXX disclosed a periodic principal and interest payment for payment stream 4 of $XXXX vs calculated payment of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected Principal And Interest Payment Max Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a maximum periodic principal and interest payment for payment stream 2 that does not match the actual maximum payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a maximum periodic principal and interest payment for payment stream XXXX in the amount of $XXXX vs the calculated payment of $XXXX       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected Principal And Interest Payment Max Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a maximum periodic principal and interest payment for payment stream 3 that does not match the actual maximum payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a maximum periodic principal and interest payment for payment stream 3 in the amount of $XXXX vs the calculated payment of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected Principal And Interest Payment Max Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXXdisclosed a maximum periodic principal and interest payment for payment stream 4 that does not match the actual maximum payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a maximum periodic principal and interest payment for payment stream 4 in the amount of $XXXX vs calculated payment of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected Principal And Interest Payment Min Payment Adjustable Rate TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream 1 that does not match the actual payment for the loan. Projected Payments: Final Closing Disclosure provided on XXXX disclosed a periodic principal and interest payment for payment stream XXXX of $XXXX vs the calculated payments of $XXXX.       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.


Reviewer Comment (2026-05-21): XXXX received Corrected Note, Corrected CD, LOE, RTC's for reopening of rescission, first payment letter & IEAD.  To finalize this correction please provide information indicating previous Note was voided.


Reviewer Comment (2026-05-05): The provided note indicates a payment amount of $XXXX.  All note copies in the loan file reflect the same payment amount.  Calculations indicate the payment amount should be $XXXX.  The initial payment amount listed on the CD also shows a payment amount of $XXXX, but pay stream shows an initial payment of $XXXX.  Cure requires reissue of note and final CD for testing and PCCD, LOE, Copy of any refund check required, reopening of RTC and proof of delivery to cure.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission (required on rescindable transactions) C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee amount of $XXXX exceeds tolerance of $XXXX. Sufficient or excess cure was provided to the borrower at closing.       Reviewer Comment (2026-05-04): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Page 2 of the note is missing from the file       Reviewer Comment (2026-05-05): Received, Clearing.
05/05/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance Compliance Disclosed Note P&I payment does not equal calculated P&I payment Disclosed Note P&I payment does not equal calculated P&I payment.  Note P&I of $XXXX does not match calculated P&I of $XXXX. Note P&I was used for the APR calculation and compliance testing.         Reviewer Comment (2026-05-27): Updated note received


Reviewer Comment (2026-05-27): reopened


Reviewer Comment (2026-05-04): Client elects to waive
05/27/2026     No 1 B A B A B A B A B A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
XXXXX 2000000552 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I   Disclosed Note P&I payment does not equal calculated P&I payment       Reviewer Comment (2026-05-22): XXXX received Corrected Note, Corrected CD, LOE to borrower, proof of reopening rescission, copy of IEAD, new payment letter and lender attestation confirming prior Note has been voided.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on XXXX, prior to three (3) business days from transaction date of XXXX.         Reviewer Comment (2026-05-22): Received signed RTC and LOE
  XXXX   No 2   B   B   B   B   B   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Non QM Yes
XXXXX 2000000552 XXXXX   XXXXX     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).         Reviewer Comment (2026-05-22): Received signed RTC and LOE
  XXXX   No 2   B   B   B   B   B   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C A C B A A Non QM Non QM Yes
XXXXX 4000125386 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. XXXX Reflects Appraisal sent XXXX.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   FL Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000123262 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-08): Clearing based on review coming back within tolerances.
05/08/2026     No 1 C A C A C A C A C A   PA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000124252 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000124252 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Corporate resolution of XXXX is unsigned.       Reviewer Comment (2026-05-06): Received, cleared


Seller Comment (2026-05-06): Comment from XXXX: Signed Resolution attached
05/06/2026     No 1 C A C A C A C A C A   OH Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000126127 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000119489 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   TX Primary Refinance - Cash-out - Other   D B A A D B A A Non QM Non QM No
XXXXX 4000119489 XXXXX   XXXXX     Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) Texas Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Acknowledgment of the Fair Market Value not properly executed by the Lender.       Reviewer Comment (2026-05-09): Received, Clearing.


Seller Comment (2026-05-08): Comment from XXXX: Hello, please see attached, thank you.
05/09/2026     No 1 C A C A C A C A D A   TX Primary Refinance - Cash-out - Other To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. D B A A D B A A Non QM Non QM Yes
XXXXX 4000125952 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000125952 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal delivered to the borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 2000000571 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not provided.       Reviewer Comment (2026-05-05): Accepted as is.
    05/05/2026 No 2 B B B B B B B B B B   WA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 2000000571 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure is provided.       Reviewer Comment (2026-05-05): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   WA Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
XXXXX 2000000571 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure is provided.       Reviewer Comment (2026-05-05): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   WA Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
XXXXX 2000000571 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Missing page 2 of the Note.       Reviewer Comment (2026-05-06): Received, Clearing.


Buyer Comment (2026-05-05): Note
05/06/2026     No 1 C A C A C A C A C A   WA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000124797 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of appraisal is missing.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   GA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000124797 XXXXX   XXXXX     Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Permanent Resident Alien card is missing       Reviewer Comment (2026-05-07): Received corrected Final 1003 confirming that the borrower is U.S. Citizen. Exception cleared.


Seller Comment (2026-05-06): Comment from XXXX: Hello, please see attached.
05/07/2026     No 1 C A C A C A C A C A   GA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000124797 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-11): Clearing based on review coming back within tolerances.
05/11/2026     No 1 C A C A C A C A C A   GA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Escrow Payment Over Disclosed Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on XXXX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. Final Closing Disclosure was not found in file. Projected Payments: Final Closing Disclosure provided on XXXX disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.       Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing
05/08/2026     No 1 A A A A A A A A A A   NC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD D B D A C B A A Non QM Non QM Yes
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX).  The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold. Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan.       Reviewer Comment (2026-05-08): Received final CD
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) D B D A C B A A Non QM Non QM Yes
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Final Closing Disclosure No Seller Paid Fees Non Primary Residence TRID Final Closing Disclosure XXXX on a purchase transaction did not disclose any Seller paid fees/charges on page 2. Final Closing Disclosure was not found in file. Final Closing Disclosure XXXX on a purchase transaction did not disclose any seller-paid fees/charges on page 2. (XXXX)       Reviewer Comment (2026-05-08): Received final CD
05/08/2026     No 1 A A A A A A A A A A   NC Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow -  Monthly Escrow Payment Overdisclosed Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan. Final Closing Disclosure was not found in file. Loan Disclosures: Final Closing Disclosure provided on XXXX disclosed the Monthly Escrow Payment that does not match the actual escrow payment for the loan.       Reviewer Comment (2026-05-08): Received final CD
05/08/2026     No 1 A A A A A A A A A A   NC Second Home Purchase Provide the following: Letter of Explanation notifying borrower or error and Corrected CD D B D A C B A A Non QM Non QM Yes
XXXXX 4000122748 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   Final 1003 was not found in file.       Reviewer Comment (2026-05-08): Received Final 1003. Exception cleared.


Seller Comment (2026-05-08): Comment from XXXX: Final 1003
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Security Instrument - Subject Lien not provided   Security instrument was not found in file.       Reviewer Comment (2026-05-08): Received Security Instrument. Exception cleared.


Seller Comment (2026-05-08): Comment from XXXX: Deed with riders-uploaded and cleared already-please review
05/08/2026     No 1 D A D A D A D A D A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Final Closing Disclosure was not found in file.       Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing


Seller Comment (2026-05-08): Comment from XXXX(XXXX): Final CD
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. Initial escrow account statement was not provided to the borrower.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Final Closing Disclosure not provided. Unable to confirm closing date.       Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing


Seller Comment (2026-05-08): Comment from XXXX: Final CD
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - Final Closing Disclosure not provided. Unable to confirm closing date.       Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing


Seller Comment (2026-05-08): Comment from XXXX: Final CD
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing
05/08/2026     No 1 B A C A B A C A B A   NC Second Home Purchase Lender to provide updated ATR/QM Loan Designation D B D A C B A A Non QM Non QM Yes
XXXXX 4000122748 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Missing Final Closing Disclosure to determine closing date.       Reviewer Comment (2026-05-08): Received final CD confirming XXXX closing date. VVOE within 10 days of closing
05/08/2026     No 1 C A C A C A C A C A   NC Second Home Purchase   D B D A C B A A Non QM Non QM No
XXXXX 4000121507 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other   B B A A B B A A N/A N/A No
XXXXX 4000123781 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-11): Clearing based on review coming back within tolerances.
05/11/2026     No 1 C A C A C A C A C A   NV Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000127297 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-11): Clearing based on review coming back within tolerances.
05/11/2026     No 1 C A C A C A C A C A   NC Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000121508 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000121508 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification was not found in file.       Reviewer Comment (2026-05-07): Cleared- LOE provided no insurance is owned free and clear


Seller Comment (2026-05-07): Comment from XXXX: Hello, Please see attached
05/07/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000121508 XXXXX   XXXXX     Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Insurance verification was not found in file.       Reviewer Comment (2026-05-07): Cleared LOE provide no insurance, owned free and clear


Seller Comment (2026-05-07): Comment from XXXX: Hello, Please see attached
05/07/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C B C A B B A A N/A N/A No
XXXXX 4000127299 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized. Secondary  valuation is missing. Sec ID: 2           Reviewer Comment (2026-05-11): CDA received and supports value


Seller Comment (2026-05-11): Comment from XXXX: Please see uploaded CDA
05/11/2026     No 1 D A D A D A D A D A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 4000127299 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Unacceptable credit.  co borrower's primary is currently in Foreclosure. Credit score requirement not met for co borrower.       Reviewer Comment (2026-05-29): Primary owned free and clear


Seller Comment (2026-05-29): Comment from XXXX: See LOE from UW for rebuttal.


Reviewer Comment (2026-05-21): Screenshots of mTrade received however, rebuttal was not received. Exception remains


Seller Comment (2026-05-21): Comment from XXXX: Please see rebuttal letter.
05/29/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 4000127299 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Provide documentation to evidence this is an inherited property and evidence the subject has cleared probate.       Reviewer Comment (2026-05-27): Received, Clearing.


Reviewer Comment (2026-05-21): Screenshots of mTrade received however, rebuttal was not received. Exception remains


Seller Comment (2026-05-21): Comment from XXXX: Please see rebuttal letter.
05/27/2026     No 1 C A C A C A C A C A   NY Investment Refinance - Cash-out - Other   D A C A     D A   N/A No
XXXXX 2000000595 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. The verification appraisal was delivered to the borrower, but it was not provided.       Reviewer Comment (2026-05-06): Accepted as is.
    05/06/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 2000000595 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-06): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 4000123173 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal was not found in file.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   TX Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000124392 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.         Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   OH Investment Refinance - Rate/Term   B B B B     A A   N/A No
XXXXX 4000124392 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines state accessory dwelling units are only eligible on one-unit properties. The subject property is a 2-unit dwelling with an ADU in the attic. Appraiser confirms similar structures exist in the market area, but they were not able to find any comparables, specifically as it is difficult to distinguish between a 3-unit and a 2-unit with an ADU. Appraiser removed the ADU from the GLA, and it is adjusted for separately. Appraiser states the unit would meet the Fannie Mae definition of an ADU rather than a third unit.Compensating Factors XXXXFICO and the DSCR is XXXX. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.
  SitusAMC

SitusAMC
Reviewer Comment (2026-05-07): Client elected to waive/regrade with compensating factors. Lender exception provided.
    05/07/2026 Yes 2 B B B B B B B B B B   OH Investment Refinance - Rate/Term   B B B B     A A   N/A No
XXXXX 4000123353 XXXXX   XXXXX     Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The Title Policy Amount of $XXXX is less than the note amount of $XXXX based on the Commitment in file.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   TX Investment Refinance - Cash-out - Other   B B B B     A A   N/A No
XXXXX 4000124023 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was not found in file.       Reviewer Comment (2026-05-08): Received Guarantor Agreement. Exception cleared.


Seller Comment (2026-05-08): Comment from XXXX: Please see uploaded executed guaranty.
05/08/2026     No 1 D A D A D A D A D A   NJ Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
XXXXX 2000000657 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Appraisal Notice is missing.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   OK Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000124698 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Receipt of Appraisal is missing.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000124698 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy does not list coverage amount.       Reviewer Comment (2026-05-07): Accepted as is.
    05/07/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B B B B B A A Non QM Non QM No
XXXXX 4000128482 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. - Credit Report is more than XXXXdays.       Reviewer Comment (2026-05-08): After further review, exception has been cleared.


Seller Comment (2026-05-08): Comment from XXXX (XXXX): Credit report was reissued XXXX (58 days ago). Reuploaded, please clear.
05/08/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000125209 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-12): Clearing based on review coming back within tolerances.
05/12/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000388 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal delivered to borrower was not found in file.       Reviewer Comment (2026-05-08): Accepted as is.
    05/08/2026 No 2 B B B B B B B B B B   CA Investment Purchase   B B A A B B A A N/A N/A No
XXXXX 2000000659 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-08): Accepted as is.
    05/08/2026 No 2 B B B B B B B B B B   AR Second Home Purchase   B B A A B B A A Non QM Non QM No
XXXXX 2000000652 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal that was delivered to borrower was not provided.       Reviewer Comment (2026-05-08): Accepted as is.
    05/08/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 2000000652 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-08): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
XXXXX 2000000652 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: Explanation Letter not provided   Provide letter of explanation for large deposit in the amount of $XXXX into account ending XXXX from XXXX . If the deposit is a gift, please provide gift letter.       Reviewer Comment (2026-05-13): Large deposit from account XXXX per bank screenprint


Reviewer Comment (2026-05-12): Require letter of explanation for large deposit in the amount of $XXXX into account ending XXXX. Exception remains.


Reviewer Comment (2026-05-08): Nothing received that clears this exception. A repeat whole file was provided.
05/13/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000126821 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-13): Clearing based on review coming back within tolerances.
05/13/2026     No 1 C A C A C A C A C A   AZ Investment Purchase   C A C A     A A   N/A No
XXXXX 4000124556 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-11): Accepted as is.
    05/11/2026 No 2 B B B B B B B B B B   PA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000125729 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was not provided to the borrower.       Reviewer Comment (2026-05-12): Accepted as is.
    05/12/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 4000125730 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-13): Accepted as is.
    05/13/2026 No 2 B B B B B B B B B B   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000125730 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Available for Closing is insufficient to cover Cash From Borrower.       Reviewer Comment (2026-05-22): Updated PCCD received


Reviewer Comment (2026-05-22): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of  $XXXX is less than Cash From Borrower $XXXX.


Seller Comment (2026-05-22): Comment from XXXX : Hello, please see attached.
05/22/2026     No 1 C A C A C A C A C A   CA Primary Purchase   C B C A B B A A Non QM Non QM No
XXXXX 4000125730 XXXXX   XXXXX     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2026-05-13): Accepted as is.
    05/13/2026 No 2 B B B B B B B B B B   CA Primary Purchase If the IEAD is correct and the CD/HUD is incorrect, we require a corrected PCCD/HUD with LOE to borrower to cure. Signature is not required.
If the CD/HUD is correct and the IEAD is incorrect, we require LOE and corrected IEAD to cure. Signature is not required.
C B C A B B A A Non QM Non QM Yes
XXXXX 4000123365 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of $XXXX exceeds tolerance of $XXXX. Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-26): XXXX received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2026-05-22): Comment from XXXX: Complete cd package


Reviewer Comment (2026-05-22): XXXX received corrected PCCD and LOE. However, copy of refund check and proof of mailing was not located in trailing documents. Proof of mailing and copy of refund check is required to borrower to complete remediation.


Seller Comment (2026-05-21): Comment from XXXX: PCCD and letter to borrower


Reviewer Comment (2026-05-20): XXXX received LOX for rebuttal response, However, if the creditor subsequently reduces the specific lender credit by $XXXX because the transfer taxes decreased by $XXXX, then the creditor has a zero-tolerance standard violation because, although the amount of the transfer taxes decreased, the amount of the lender credit decreased. (Comment 19(e)(3)(i)-5). Cure would be required. Lender credit is separate fee from transfer taxes and is tested separately.  No valid changed circumstance provided for reduction in lender credit. Cure with Corrected CD, LOE to borrower, copy of cure refund for $XXXX and proof of mailing


Seller Comment (2026-05-19): Comment from XXXX: Letter of explanation
  XXXX   No 2 C B C B C B C B C B   NY Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000123365 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-05-13): Cured at closing or within 60 days of consummation prior to TPR review
  XXXX   No 1 C B C B C B C B C B   NY Second Home Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
XXXXX 4000123365 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-18): Clearing based on review coming back within tolerances.
05/18/2026     No 1 C A C A C A C A C A   NY Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
XXXXX 2000000586 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Agriculture Zoning with no agriculture use. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.
  SitusAMC

SitusAMC
Reviewer Comment (2026-05-14): Client elects to waive with compensating factors
    05/14/2026 Yes 2 B B B B B B B B B B   CA Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 2000000586 XXXXX   XXXXX     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - Zip code on the appraisal is XXXX, the zip code on the note is XXXX       Reviewer Comment (2026-08-05): Explanation from the appraiser received regardomg zip code variance. Per appraiser, this is common as XXXX are adjacent town in a rural area with intertwining neighborhoods.


Reviewer Comment (2026-05-14): Received, clearing.
05/14/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 4000127046 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-19): Clearing based on review coming back within tolerances.
05/19/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A     A A   N/A No
XXXXX 4000125511 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-14): Accepted as is.
    05/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000125511 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
        Reviewer Comment (2026-05-14): Have a good evening all!
    05/14/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000125515 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000125515 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. Title Evidence: ___;
State: ___
The preliminary title policy is within CA and does not reflect a coverage amount (no final title policy in file).       Reviewer Comment (2026-05-15): Client elects to waive
    05/15/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B B B B B A A Non QM Non QM No
XXXXX 4000127572 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-28): Cleared based on review coming back within tolerances


Reviewer Comment (2026-05-28): Reopened


Reviewer Comment (2026-05-26): Clearing based on review coming back within tolerances.
05/28/2026     No 1   A   A   A   A   A   AZ Investment Purchase   A A A A     A A   N/A No
XXXXX 4000123999 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-05-22): Cleared based on review coming back within tolerances
05/22/2026     No 1   A   A   A   A   A   PA Investment Purchase   A A A A     A A   N/A No
XXXXX 2000000686 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of $XXXX exceeds tolerance of $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. No cure was provided.       Reviewer Comment (2026-05-19): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 2000000686 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-05-19): Accepted as is.
    05/19/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 4000130427 XXXXX   XXXXX     Credit Investment Product General Investment Product REO property does not have a lease in place and required by guidelines. - Lease Agreement is missing.       Reviewer Comment (2026-05-20): Approved for less than max allowed for vacant properties, per guides. Cleared.


Seller Comment (2026-05-20): Comment from XXXX: Our guidelines do allow a property to be vacant: with LTV restriction XXXX%                                                                                                                                                                             Our LTV on this loan is XXXX%-please see GL attached
05/20/2026     No 1 C A C A C A C A C A   MD Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000126490 XXXXX   XXXXX     Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Missing walls in coverage reflecting premium of $XXXX.       Reviewer Comment (2026-05-21): Received, Clearing.


Seller Comment (2026-05-21): Comment from XXXX: HO-6
05/21/2026     No 1 C A C A C A C A C A   GA Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000682 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided           Reviewer Comment (2026-05-22): Received, Clearing.


Buyer Comment (2026-05-22): CPA letter was provided in lieu of operating agreement


Buyer Comment (2026-05-22): There is no operating agreement. Borrower is the sole member of XXXX
05/22/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 2000000682 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Lender exception approved for vacant property for cash out refinance. Comp Factors: LTV 70%, reserves, and seasoned investor. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   SitusAMC Reviewer Comment (2026-05-21): Client elects to waive/regrade with compensating factors.
    05/21/2026 Yes 2 B B B B B B B B B B   FL Investment Refinance - Cash-out - Other   C B C B     A A   N/A No
XXXXX 4000131828 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud Report is missing.       Reviewer Comment (2026-05-26): Received Fraud Report. Exception cleared.


Seller Comment (2026-05-22): Comment fromXXXX: fraud
05/26/2026     No 1 C A C A C A C A C A   HI Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000131828 XXXXX   XXXXX     Credit Credit Credit Documentation Credit There is no lease in place for the subject property and the absence of this document casts doubt on business purpose of loan.   Lease Agreement was not found in file.       Reviewer Comment (2026-05-26): Received Lease Agreement. Exception cleared.


Seller Comment (2026-05-26): Comment from XXXX: Lease
05/26/2026     No 1 C A C A C A C A C A   HI Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000124571 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed.       Reviewer Comment (2026-05-26): Accepted as is.
    05/26/2026 No 2 B B B B B B B B B B   NY Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 6000121218 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - E-sign Consent Agreement is missing.       Reviewer Comment (2026-04-13): Received


Buyer Comment (2026-04-09): Please see attached
04/13/2026     No 1 C A C A C A C A C A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-03-24): CDFI lender testing ATR.
    03/24/2026 No 2 A A A A A A A A A A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing CPA certification/license.       Reviewer Comment (2026-04-17): PTIN verification received in trailing docs.


Buyer Comment (2026-04-17): ptin IRS


Buyer Comment (2026-04-17): ptin search
04/17/2026     No 1 C A C A C A C A C A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-04-17): PTIN verification received in trailing docs.


Buyer Comment (2026-04-17): Please see attached exception
04/17/2026     No 1 B A C A B A C A B A   TN Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay XXXX): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.)         Reviewer Comment (2026-04-17): PTIN verification received in trailing docs.
04/17/2026     No 1 C A C A C A C A C A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay XXXX): Based on the loan failing one or more guideline components, the loan is at ATR risk. Missing CPA certification/license.       Reviewer Comment (2026-04-17): PTIN verification received in trailing docs.
04/17/2026     No 1 C A C A C A C A C A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121218 XXXXX   XXXXX     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -         Reviewer Comment (2026-04-17): PTIN verification received in trailing docs.


Buyer Comment (2026-04-17): see attached docs
04/17/2026     No 1 C A C A C A C A C A   TN Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121208 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. -         Reviewer Comment (2026-03-31): E-sign received, exception cleared


Buyer Comment (2026-03-27): PFA
03/31/2026     No 1 C A C A C A C A C A   FL Primary Refinance - Rate/Term   C A C A A A A A Non QM Exempt from ATR No
XXXXX 6000121208 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-03-24): CDFI lender testing ATR
    03/24/2026 No 2 A A A A A A A A A A   FL Primary Refinance - Rate/Term   C A C A A A A A Non QM Exempt from ATR No
XXXXX 6000121308 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-03-31): CDFI lender testing ATR
    03/31/2026 No 2 A A A A A A A A A A   TX Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000123512 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - fraud report is missing in the file       Reviewer Comment (2026-04-03): Clear Fraud report received.


Buyer Comment (2026-04-01): see attached
04/03/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D A D A A A A A N/A N/A No
XXXXX 6000123512 XXXXX   XXXXX     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   As per the hazard insurance policy provided coverage amount does not match or exceed the loan amount. Provide either additional coverage or verify the policy contains XXXX% replacement cost coverage.       Reviewer Comment (2026-04-16): Replacement cost Estimator received. Details verified and updated. Exception cleared.


Buyer Comment (2026-04-14): RCE attached


Reviewer Comment (2026-04-13): Accounting for XXXX% replacement cost, total coverage would be $XXXX, which is still insufficient to cover loan amount of $XXXX.  Agent will need to provide evidence policy has XXXX% replacement cost coverage (not just extended replacement cost coverage), an RCE or increased coverage to cover loan amount for review of this condition.


Reviewer Comment (2026-04-10): After considering XXXX% as Extended replacement coverage still there is coverage shortfall of $XXXX. Required replacement cost estimator document with amount. Exception remains.


Buyer Comment (2026-04-08): updated processors cert attached


Reviewer Comment (2026-04-07): Received lender's certification. The certification must include the insurance company's complete information, subject property details, confirm the replacement cost amount determined by the insurer, and be signed and dated by the processor. Exception remains.


Buyer Comment (2026-04-03): See attached
04/16/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D A D A A A A A N/A N/A No
XXXXX 6000123512 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Missing OFAC       Reviewer Comment (2026-04-03): OFAC received.


Buyer Comment (2026-04-01): see attached
04/03/2026     No 1 C A C A C A C A D A   AZ Investment Refinance - Cash-out - Other   D A D A A A A A N/A N/A No
XXXXX 6000123512 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Provide required entity documents for the borrowing LLC to confirm ownership and ownership percentage. Articles of Organization, Operating Agreement and signing authority if applicable.       Reviewer Comment (2026-04-03): Business ownership confirmed to XXXX%. Articles of organization, EIN, Operating Agreement, received.


Buyer Comment (2026-04-01): see attached documents
04/03/2026     No 1 C A C A C A C A C A   AZ Investment Refinance - Cash-out - Other   D A D A A A A A N/A N/A No
XXXXX 6000121272 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Updated as per the document correctly       Reviewer Comment (2026-04-06): CDFI lender testing ATR
    04/06/2026 No 2 A A A A A A A A A A   CA Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000121288 XXXXX   XXXXX     Credit Credit Credit Documentation Credit A summary review of all the documentation in the loan file casts doubt on the business purpose of the loan.   Unable to verify that borrower will not occupy subject property as the primary residence as there was no acknowledgments to the questions on pageXXXX of the Credit Application.  Please provide an updated document.       Reviewer Comment (2026-04-27): Received updated Credit Application. Exception Cleared.


Buyer Comment (2026-04-23): please see attached
04/27/2026     No 1 C A C A C A C A C A   GA Investment Refinance - Rate/Term   D A D A     A A   N/A No
XXXXX 6000121288 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Provide evidence the subject property listing was cancelled prior to the Note date. If listing was active at time of application, a letter of explanation is required form borrower.       Reviewer Comment (2026-03-31): Received property report showing listing removed on XXXX which is prior to the note date. Exception cleared.


Buyer Comment (2026-03-27): please see attached, listing was removed on XXXX which is prior to note date
03/31/2026     No 1 C A C A C A C A D A   GA Investment Refinance - Rate/Term   D A D A     A A   N/A No
XXXXX 6000121277 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Waterfall due to Loan fails Points and fees test due to the fees charged to the Borrower(s) exceed 5% the loan amount.  The Note reflects a loan amount of $XXXX Fees charged to the Borrower(s) equal to $XXXX which equal XXXX% of the loan amount.       Reviewer Comment (2026-04-29): CDFI lender testing ATR.


Buyer Comment (2026-04-29): CDFI lender testing ATR.


Buyer Comment (2026-04-27): Please waive this condition.
    04/29/2026 No 2 A A A A A A A A A A   FL Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000121346 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Other not provided   Borrower is living rent free. UW Discretion is missing.       Reviewer Comment (2026-04-13): Updated 1008 with UW discretion received in trailing docs.


Buyer Comment (2026-04-09): Please find attached 1008 with UW Discretion for living rent free.


Reviewer Comment (2026-04-02): Require 1008 with verbiage given as, per guidelines this is UW Discretion. After reviewing the credit package and the LOX from the borrower we do not have any concerns with occupancy. Exception Remains.


Buyer Comment (2026-03-31): Please find attached the 1008
04/13/2026     No 1 C A C A C A C A D A   CA Investment Purchase   D A D A     A A   N/A No
XXXXX 6000121287 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-14): CDFI lender testing ATR
    04/14/2026 No 2 A A A A A A A A A A   TX Primary Refinance - Cash-out - Other   A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure APR TILA-RESPA Integrated Disclosure - Loan Calculations:  APR of  XXXX% on Final Closing Disclosure provided on  XXXX is under-disclosed from the calculated APR of  XXXX% outside of  XXXX% tolerance. APR of .XXXX% on Final Closing Disclosure provided on XXXX is under-disclosed from the calculated APR of XXXX% outside of XXXX% tolerance with no valid change of circumstances and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-22): XXXX received XXXX CD and XXXX CD.  Consummation date was XXXX making the XXXX CD the Final CD.  Please note that this CD has $XXXX Loan Calculations on Page 5 being tested for which exception is valid.  Unable to address this exception as it was tested with theXXXX CD which was wet signed by borrower at consummation on XXXX.


Buyer Comment (2026-04-21): PFA Final CD
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrowed Property Costs Year 1 Underdisclosed - October 2018 TILA-RESPA Integrated Disclosure - Loan Disclosures: Escrowed Property Costs over Year 1 of  on Final Closing Disclosure provided on  XXXXare underdisclosed. Escrowed Property Costs over Year 1 of on Final Closing Disclosure provided onXXXX are underdisclosed with no valid change of circumstances and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-22): XXXX received XXXX CD and XXXX CD.  Consummation date was XXXX6 making theXXXX CD the Final CD.  Please note that this CD has no Escrowed property costs on page 4 and  being tested for which exception is valid.  Unable to address this exception as it was tested with the XXXX CD which was wet signed by borrower at consummation on XXXX.


Buyer Comment (2026-04-21): PFA Final CD
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on  XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan.  The disclosed Finance Charge in the amount of $ XXXX is under disclosed by $ XXXX compared to the calculated Finance Charge of $ XXXX which exceeds the $ XXXX threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated  XXXX). Final Closing Disclosure provided on XXXX disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $XXXX is under disclosed by $XXXX compared to the calculated Finance Charge of $XXXX which exceeds the $XXXX threshold with no valid change of circumstances and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-22): XXXX received XXXX CD and XXXX CD.  Consummation date was XXXX making the XXXX CD the Final CD.  Please note that this CD has $0.00 Loan Calculations on Page 5 being tested for which exception is valid.  Unable to address this exception as it was tested with the XXXX CD which was wet signed by borrower at consummation on XXXX.


Buyer Comment (2026-04-21): PFA Final CD
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Incomplete TILA-RESPA Integrated Disclosure: Incomplete Closing Disclosure was signed by borrower and cannot be excluded from testing. Corresponding exceptions for inaccurate disclosures and under/over disclosures resulting from use of incomplete Closing Disclosure are valid and will need to be cured (if curable). Incomplete Closing Disclosure was signed by borrower and cannot be excluded from testing. Corresponding exceptions for inaccurate disclosures and under/over disclosures resulting from use of incomplete Closing Disclosure are valid and will need to be cured with no valid change of circumstances and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-22): XXXX received XXXX CD and XXXX CD.  Consummation date was XXXX making the XXXX CD the Final CD.  Please note that this CD has $XXXX Loan Calculations on Page 5 being tested for which exception is valid.  Unable to address this exception as it was tested with the XXXX CD which was wet signed by borrower at consummation on XXXX.


Buyer Comment (2026-04-21): PFA Final CD
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase If complete CD was provided to consumer at consummation, provide copy of complete CD with all pages for review.

If complete CD was not provided to the consumer at consummation, inaccurate disclosures and under/over disclosures resulting from incomplete closing disclosure will require a cure.  Provide the following: Letter of Explanation notifying borrower or error, Complete CD with accurate disclosures, copy of refund for any required restitution, and Proof of Delivery (Proof of receipt and reopened rescission also required if transaction is rescindable and material disclosures are inaccurate)
C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on  XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated  XXXX).  The disclosed Total of Payments in the amount of $ XXXX is under disclosed by $ XXXX compared to the calculated total of payments of $ XXXX which exceeds the $ XXXX threshold. Final Closing Disclosure provided on XXXX disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated XXXX). The disclosed Total of Payments in the amount of $XXXX is under disclosed by $XXXX compared to the calculated total of payments of $XXXX which exceeds the $XXXX threshold with no valid change of circumstances and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-22): XXXX received XXXX CD and XXXX CD.  Consummation date was XXXX making the XXXX CD the Final CD.  Please note that this CD has $XXXX Loan Calculations on Page 5 being tested for which exception is valid.  Unable to address this exception as it was tested with the XXXX CD which was wet signed by borrower at consummation on XXXX.


Buyer Comment (2026-04-21): PFA Final CD
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission (required on rescindable transactions) C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  $ XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower with no valid change of circumstances, and no cure was provided to borrower.       Reviewer Comment (2026-04-27): XXXX received lender attestation that the XXXX CD was title company balancing CD and not lender prepared - blank loan calculation page 5.


Buyer Comment (2026-04-27): It is not a Lender prepared CD, it should not be recognized as the Final CD.  If appears that title had the borrower acknowledge the CD that they prepared and sent a copy back with the signed loan documents


Reviewer Comment (2026-04-23): XXXX received rebuttal comment as we agree that cure amount was updated under section J on CD dated XXXX but this CD is not the final CD. As per file the final CD is dated XXXX (D0580) where the credit was not updated as cure under section J. A corrected PCCD and LOE is required along with the final SS.


Buyer Comment (2026-04-22): Please re-review XXXX it is already mentioned in J section


Reviewer Comment (2026-04-21): XXXX received rebuttal comment for credit provided on final CD but the lender credit provided is updated as General Lender Credit on CD for cure it should have been updated under inner column of section J with statement that credit provided is for exceeding the fees by legal limits. However, if the provided credit was intended for cure, A lender LOX with corrected PCCD and true and certified copy of final SS is required for remediations.


Buyer Comment (2026-04-17): Please re-review D0314 Final CD Lender credit of $XXXX is already provided
04/27/2026     No 1 C A C A C A C A C A   MI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-15): CDFI lender testing ATR
    04/15/2026 No 2 A A A A A A A A A A   MI Second Home Purchase   C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121319 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure at closing       Reviewer Comment (2026-04-27): Sufficient Cure Provided At Closing
  XXXX   No 1   A   A   A   A   A   MI Second Home Purchase Final CD evidences Cure C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121352 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-17): CDFI lender testing ATR.
    04/17/2026 No 2 A A A A A A A A A A   VA Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121352 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing disclosure dated XXXX is not signed/dated by the borrower.  Applying 3 day mailbox rule, presumed received XXXX, which is less than 3 business days prior to closing.       Reviewer Comment (2026-04-23): Initial signed CD provided along with evidence of e-signing on XXXX.


Buyer Comment (2026-04-23): PFA Signed CD of XXXX with audit history


Reviewer Comment (2026-04-22): XXXX received summary for e-consent received from borrower however, the exception is for not received the initial CD dated XXXX to borrower prior to XXXXbusiness days from the consummation date. Please provide earliest receipt of ICD to borrower.


Buyer Comment (2026-04-21): PFA Audit history,
04/23/2026     No 1 C A C A C A C A C A   VA Primary Purchase No Defined Cure C A A A C A A A Non QM Exempt from ATR No
XXXXX 6000121370 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of is less than Guideline PITIA months reserves of XXXX.       Reviewer Comment (2026-04-23): Final closing statement received. Details verified and updated. Exception cleared.


Buyer Comment (2026-04-21): Please re-review this is Cashout re-finance loan, we do not require any amount for reserve
04/23/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A D A A A N/A Exempt from ATR No
XXXXX 6000121370 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Total cash-out discrepancy.   HUD-1 total cash-out of is greater than Guideline total cash-out of $XXXX.       Reviewer Comment (2026-04-23): Final closing statement received. Details verified and updated. Exception cleared.


Buyer Comment (2026-04-21): Final SS provided
04/23/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   D A C A D A A A N/A Exempt from ATR No
XXXXX 6000121370 XXXXX   XXXXX     Compliance Compliance Federal Compliance Missing Non-Required Data Disbursement Date Missing Test Disbursement Date Missing: Evidence of disbursement date not found in file. Note Interest Accrual Start Date of  XXXX used as disbursement date for compliance testing.         Reviewer Comment (2026-04-23): Final closing statement received. Details verified and updated. Exception cleared.


Buyer Comment (2026-04-21): PFA Final SS
04/23/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   D A C A D A A A N/A Exempt from ATR No
XXXXX 6000121370 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect Missing Closing Disclosure:  No Document Used For Fee Testing Missing Final Closing Disclosure. No document containing fees provided. Any applicable Federal, State or Local compliance testing is unreliable. The file is missing the final HUD-1. Copy in file is an estimate.       Reviewer Comment (2026-04-23): Final closing statement received. Details verified and updated. Exception cleared.


Buyer Comment (2026-04-21): PFA Final SS
04/23/2026     No 1 D A D A D A D A D A   CA Investment Refinance - Cash-out - Other   D A C A D A A A N/A Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   File is missing settlement statement from sale of departing residence.       Reviewer Comment (2026-05-11): Closing Statement received and associated. Exception cleared.


Buyer Comment (2026-05-07): See HUD from exit property attached. Thank you.
05/11/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-04-29): CDFI lender testing ATR.


Buyer Comment (2026-04-27): CDFI lender testing ATR.
    04/29/2026 No 2 A A A A A A A A A A   FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Waterfall due to missing verification of proceed from sales of property.       Reviewer Comment (2026-05-11): Closing Statement received and associated. Exception cleared.
05/11/2026     No 1 B A C A B A C A B A   FL Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Waterfall due to missing verification of proceed from sales of property.       Reviewer Comment (2026-05-11): Closing Statement received and associated. Exception cleared.
05/11/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   Missing verification of proceed from sales of property.       Reviewer Comment (2026-05-11): Closing Statement received and associated. Exception cleared.


Buyer Comment (2026-05-07): Please see HUD from sale of exit property attached. Thank you.
05/11/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000123515 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Waterfall due to missing verification of proceed from sales of property.       Reviewer Comment (2026-05-11): Closing Statement received and associated. Exception cleared.
05/11/2026     No 1 C A C A C A C A C A   FL Primary Purchase   C A C A C A A A Non QM Exempt from ATR No
XXXXX 6000121428 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement is missing in file.       Reviewer Comment (2026-04-30): Received document Guaranty Agreement. Exception cleared.


Buyer Comment (2026-04-28): Personal Guaranty
04/30/2026     No 1 D A D A D A D A D A   NM Investment Purchase   D A D A     A A   N/A No
XXXXX 6000121428 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   OFAC is missing for business entity.       Reviewer Comment (2026-04-23): Received OFAC for business entity. Exception cleared.


Buyer Comment (2026-04-21): Entity OFAC Screening
04/23/2026     No 1 C A C A C A C A C A   NM Investment Purchase   D A D A     A A   N/A No
XXXXX 6000121390 XXXXX   XXXXX     Credit Credit Credit Eligibility Guideline Public Record Issue: - The lender exception requested for the 1 open tax lien of ($XXXX) which is unpaid, exception requested to provided the valid documents to verify the Tax Lien was paid in full and satisfied.       Reviewer Comment (2026-04-20): Tax lien is paid in full and satisfied Proofs verified and associated. Exception cleared.


Buyer Comment (2026-04-16): paid in full


Buyer Comment (2026-04-16): payoff
04/20/2026     No 1 B A B A B A B A B A   TX Investment Refinance - Cash-out - Other   B A B A     A A   N/A No
XXXXX 6000121217 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy.           Reviewer Comment (2026-04-28): Per matrix, XXXX% LTV allowed for DSCR XXXX. Exception cleared.


Buyer Comment (2026-04-24): Per matrix dated XXXX, 75% LTV is permitted.
04/28/2026     No 1 C A C A C A C A C A   AL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121389 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Unable to verify 12 full months' mortgage history for the primary residence.       Reviewer Comment (2026-04-23): XXXX months mortgage history verified for primary residence. Exception cleared.


Buyer Comment (2026-04-21): D0191 XXXX and mtg statement D0207 for the primary residence
04/23/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 6000121389 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Occupancy discrepancy. Property occupancy of ___ does not match Guideline property occupancy of ___. Loan approved as an investment property, however, the credit application disclosed that borrower will occupy subject property as the primary residence.  Please provide an updated document.       Reviewer Comment (2026-04-23): Received application disclosing that borrower will not occupy subject property as the primary residence. Exception cleared.


Buyer Comment (2026-04-22): commercial app
04/23/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 6000121389 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Borrower is short funds to close due to insufficient assets.       Reviewer Comment (2026-04-23): Received bank statement to cover short funds to close. Exception cleared.


Buyer Comment (2026-04-21): updated statement
04/23/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 6000121322 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Missing Final 1003   The file was missing a copy of the Final 1003.       Reviewer Comment (2026-04-24): Received Credit Application in the file. Exception Cleared.


Buyer Comment (2026-04-22): PFA
04/24/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121387 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   HUD provided is an estimate.       Reviewer Comment (2026-04-28): Received final stamped true and certified copy of closing statement in the file. Exception Cleared.


Buyer Comment (2026-04-24): Please see HUD certified true & correct attached.
04/28/2026     No 1 D A D A D A D A D A   WA Investment Refinance - Cash-out - Other   D A D A     A A   N/A No
XXXXX 6000121372 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2026-05-04): Received Title final in the file and details verified. Exception Cleared.
05/04/2026     No 1 A A A A A A A A A A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121372 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2026-05-04): Received Title final in the file and details verified. Exception Cleared.


Buyer Comment (2026-04-30): Please see title & supplements.


Buyer Comment (2026-04-30): See title & 2 supplements attached. Thank you.
05/04/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121372 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Missing OFAC for trust entity.       Reviewer Comment (2026-05-04): Received OFAC for trust entity in the file. Exception Cleared.


Buyer Comment (2026-04-30): Clear OFAC attached for Trust.


Buyer Comment (2026-04-30): See title & 2 supplements attached. Thank you.
05/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121372 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing final closing statement.       Reviewer Comment (2026-05-04): Received final stamped true and certified copy of closing statement in the file. Exception Cleared.


Buyer Comment (2026-04-30): See final HUD attached. Thank  you!
05/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121372 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Title search shows negative impact on title.   Delinquent HOA lien of $XXXX is listed on title with no evidence of satisfaction or release is provided.       Reviewer Comment (2026-05-04): Received Title final in the file and details verified. Exception Cleared.


Buyer Comment (2026-04-30): Final Lenders Policy attached. Thank you.


Buyer Comment (2026-04-30): Please see attached. Thank you.


Buyer Comment (2026-04-30): Please see attached.
05/04/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121344 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Verification of Identification not provided   File is missing a non-expired government -issued photo ID.       Reviewer Comment (2026-04-27): Received Driver's License. Exception Cleared.


Buyer Comment (2026-04-23): Please see valid DL attached. Thank you.
04/27/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121344 XXXXX   XXXXX     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Provide the XXXX payment for the primary residence. Credit reports the payments  through XXXX.       Reviewer Comment (2026-05-01): Received credit supplement for march payment. Exception cleared.


Buyer Comment (2026-04-29): Please see credit supplement attached for XXXX mtg thru XXXX. Thank you.


Buyer Comment (2026-04-29): XXXX, please note credit supplement reflects XXXX mths of mtg reporting with XXXX mtg thru XXXX. Thank you.
05/01/2026     No 1 C A C A C A C A C A   SC Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000121338 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   Missing Final Closing Statement/HUD-1.       Reviewer Comment (2026-05-06): Received final closing statement. Exception cleared.


Buyer Comment (2026-05-04): Please see final HUD attached. Thank you.
05/06/2026     No 1 C A C A C A C A C A   ID Investment Purchase   C A C A     A A   N/A No
XXXXX 4000127346 XXXXX   XXXXX     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.   Title Evidence is Missing.       Reviewer Comment (2026-05-28): Received Title evidence. Exception cleared.


Seller Comment (2026-05-28): Comment from XXXX: The commitment was already provided on XXXX and the original suspense for it shows accepted. Reuploaded


Reviewer Comment (2026-05-28): There is no evidence of title. Please obtain a preliminary/commitment


Seller Comment (2026-05-28): Comment from XXXX: Per title, Final Title Policy is not ready yet. Uploaded email from title, please waive
05/28/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C A C A     A A   N/A No
XXXXX 4000127346 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Title Title: Evidence of title is missing   Evidence of title is missing       Reviewer Comment (2026-05-28): Received Title evidence. Exception cleared.
05/28/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C A C A     A A   N/A No
XXXXX 4000127346 XXXXX   XXXXX     Credit Credit Credit Documentation Guideline Missing Document: Asset not provided   Borrower paid receipt for $XXXX for the broker processing fee is not found in the file.       Reviewer Comment (2026-05-28): Received, Clearing.


Seller Comment (2026-05-27): Comment from XXXX: Please see uploaded email chain from closer and HUD , invoice was waived
05/28/2026     No 1 C A C A C A C A C A   NJ Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000770 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule ( XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements.       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 2000000770 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule ( XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation.       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   CA Primary Purchase   B B A A B B A A Non QM Non QM No
XXXXX 2000000786 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. -         Reviewer Comment (2026-05-27): Received E-Sign Consent Agreement. Exception cleared.
05/27/2026     No 1 C A C A C A C A C A   NC Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
XXXXX 2000000786 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule ( XXXX): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/XXXX)       Reviewer Comment (2026-05-27): Accepted as is.
    05/27/2026 No 2 B B B B B B B B B B   NC Second Home Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
XXXXX 2000000786 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver Test TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2026-05-28): XXXX received XXXX CD received 3 business days prior to consummation.
05/28/2026     No 1 C A C A C A C A C A   NC Second Home Refinance - Cash-out - Other No Defined Cure C B C A C B A A Non QM Non QM No
XXXXX 2000000786 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $XXXX exceeds tolerance of $XXXX.       Reviewer Comment (2026-05-27): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   NC Second Home Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
XXXXX 2000000678 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.   Preliminary Title Report does not list Title policy coverage amount.       Reviewer Comment (2026-06-02): Title supplement received reflecting coverage of $XXXX


Reviewer Comment (2026-06-02): Re-opened


Reviewer Comment (2026-05-28): Accepted as is.
06/02/2026     No 1 B A B A B A B A B A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000678 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Fraud report was not found in file.       Reviewer Comment (2026-06-01): Received Fraud Report. Exception cleared.
06/01/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000737 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule ( XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
XXXXX 2000000737 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure was provided.       Reviewer Comment (2026-05-29): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Refinance - Rate/Term Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
XXXXX 2000000754 XXXXX   XXXXX     Compliance Compliance State Compliance Misc. State Level (TX50(a)(6)) Texas Cash-out Loan (T-42 Endorsement Not Obtained) Texas Constitution Section 50(a)(6): Acceptable FNMA title insurance endorsements not obtained for home equity loan.  The loan file does not evidence the Title Policy includes the Texas T-42 endorsement or the T-42.1 endorsement. (The loan is a Texas Section 50 (a)(6) home equity loan.)         Reviewer Comment (2026-06-03): Received confirmation T-42 and T-42.1 endorsements were obtained


Reviewer Comment (2026-06-03): Re-opened


Reviewer Comment (2026-05-28): Accepted as is.
06/03/2026     No 1 B A B A B A B A B A   TX Primary Refinance - Cash-out - Other The endorsements would be required at the time of original title policy issuance, there is not an obvious remediation B A A A B A A A Non QM Non QM No
XXXXX 2000000754 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-28): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure B A A A B A A A Non QM Non QM Yes
XXXXX 2000000754 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-28): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   TX Primary Refinance - Cash-out - Other Final CD evidences Cure B A A A B A A A Non QM Non QM Yes
XXXXX 2000000754 XXXXX   XXXXX     Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Loan Not Closed At Office of Lender, Attorney, or Title Company) Texas Constitution Section 50(a)(6):  Unable to determine if loan was closed at an authorized location due to missing documentation.         Reviewer Comment (2026-06-03): Affidavit in file confirms closing at title company


Reviewer Comment (2026-06-03): Re-opened


Reviewer Comment (2026-05-28): Accepted as is.
06/03/2026     No 1 B A B A B A B A B A   TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. B A A A B A A A Non QM Non QM Yes
XXXXX 2000000852 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.           Reviewer Comment (2026-06-01): Received updated Hazard Insurance Policy. Exception cleared.
06/01/2026     No 1 C A C A C A C A C A   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
XXXXX 2000000852 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Exception request to allow for asset qualifier on second home purchase transaction.  Approved with XXXX LPA; comp factors less than XXXX% LTV, under XXXX% DTI, XXXX FICO. Borrower has verified disposable income of at least $2500.00.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $5,000.00.

The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.
  SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC
Reviewer Comment (2026-05-29): Lender exception approved
    05/29/2026 Yes 2 B B B B B B B B B B   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
XXXXX 2000000852 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule ( XXXX): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Verification appraisal was delivered to borrower but was not provided.       Reviewer Comment (2026-05-29): Accepted as is.
    05/29/2026 No 2 B B B B B B B B B B   FL Second Home Purchase   C B C B B B A A Non QM Non QM No
XXXXX 2000000852 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $ XXXX exceeds tolerance of $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-29): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   FL Second Home Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
XXXXX 4000130432 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Available assets for Closing is insufficient to cover Cash From Borrower.       Reviewer Comment (2026-06-04): Invoice for appraisal paid outside of closing in the file


Reviewer Comment (2026-06-04): EXCEPTION HISTORY - Exception Explanation was updated on XXXX PRIOR Exception Explanation: Documented qualifying Assets for Closing of  $XXXX is less than Cash From Borrower $XXXX


Seller Comment (2026-06-03): Comment from XXXX: The final settlement statement shows the loan was a net rate/term.
06/04/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000733 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   EIN and Signed Operating Agreement are missing for XXXX.       Reviewer Comment (2026-06-09): Received operating agreement


Buyer Comment (2026-06-09): EIN is not needed - (XXXX) VERIFY ONLY 2 LAYERS
06/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000733 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization/Formation are missing for XXXX.       Reviewer Comment (2026-06-09): Provided. Cleared.
06/09/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000733 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing is missing for XXXX.       Reviewer Comment (2026-06-02): Associated Certificate of Good Standing. Exception cleared.
06/02/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000732 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Certificate of Good Standing is missing for business XXXX XXXX and guarantor business XXXX       Reviewer Comment (2026-06-02): Received Business Entity Listing. Exception cleared.
06/02/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000732 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided   Articles of Organization is missing for guarantor business XXXX.       Reviewer Comment (2026-06-09): Articles of Organization in file
06/09/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000732 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   Employer Identification Number (EIN) and Signed Copy of Operating Agreement is missing for guarantor business XXXX.       Reviewer Comment (2026-06-09): Received, cleared


Buyer Comment (2026-06-09): EIN is not needed - Authorized to manage XXXX
06/09/2026     No 1 C A C A C A C A C A   AR Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000837 XXXXX   XXXXX     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule ( XXXX): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.         Reviewer Comment (2026-06-02): Accepted as is.
    06/02/2026 No 2 B B B B B B B B B B   FL Primary Refinance - Cash-out - Other   B B A A B B A A Non QM Non QM No
XXXXX 6000121393 XXXXX   XXXXX     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2026-05-11): Received additional funds bank statement XXXX, Exception cleared.


Buyer Comment (2026-05-07): XXXX
05/11/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 6000121393 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Statement(s) not provided   Provide a mortgage statement for the primary residence to support the rent free living situation. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.
Reserves: XXXX
Guideline Requirement: 0.00

Guidelines Representative FICO: 640
Representative FICO: XXXX
SitusAMC

SitusAMC
Reviewer Comment (2026-05-22): Waived with compensating factors per lender exception approval.


Buyer Comment (2026-05-22): The Post Closing Guideline Exception Form has been uploaded.


Reviewer Comment (2026-05-20): Per guidelines, for borrowers living rent free with a spouse, an LOE from the spouse and a current mortgage statement are required.  File is missing the required mortgage statement.


Buyer Comment (2026-05-18): per property profile, The mtg is in the spouse name
    05/22/2026 No 2 C B C B C B C B C B   TN Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 6000121393 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2026-04-30): Certificate of Good Standing received, exception cleared.


Buyer Comment (2026-04-28): Cogs
04/30/2026     No 1 C A C A C A C A C A   TN Investment Refinance - Rate/Term   C B C B     A A   N/A No
XXXXX 4000132469 XXXXX   XXXXX     Credit Credit Miscellaneous Credit Loan Selected for Enhanced Valuation Review           Reviewer Comment (2026-06-05): Cleared based on review coming back within tolerances
06/05/2026     No 1 C A C A C A C A C A   TX Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000703 XXXXX   XXXXX     Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -         Reviewer Comment (2026-06-04): 442, cleared
06/04/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A A A     C A   N/A No
XXXXX 2000000783 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Employer Identification Number (EIN) is missing.       Reviewer Comment (2026-06-09): EIN received, exception cleared


Buyer Comment (2026-06-09): EIN


Reviewer Comment (2026-06-08): EIN not provided. Exception remains.
06/09/2026     No 1 C A C A C A C A C A   CA Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000684 XXXXX   XXXXX     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. -         Reviewer Comment (2026-06-15): OFAC provided. Cleared.
06/15/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000684 XXXXX   XXXXX     Credit Credit Credit Documentation Credit No evidence of fraud report in file - The file is missing a Fraud report.       Reviewer Comment (2026-06-15): Received Fraud Report. Exception cleared.
06/15/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000787 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Guarantor Agreement not provided   Guarantor Agreement was not found in file.       Reviewer Comment (2026-06-22): Received Guarantor Agreement. Exception cleared.
06/22/2026     No 1 D A D A D A D A D A   FL Investment Purchase   D A D A     A A   N/A No
XXXXX 2000000787 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided   Operating Agreement is not signed.       Reviewer Comment (2026-06-16): Received Operating Agreement. Exception cleared.
06/16/2026     No 1 C A C A C A C A C A   FL Investment Purchase   D A D A     A A   N/A No
XXXXX 2000000787 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD (Asset) not provided   The Closing Disclosure provided for the XXXX 1031 funds, was not signed.       Reviewer Comment (2026-06-16): Received Closing statement. Exception cleared.
06/16/2026     No 1 C A C A C A C A C A   FL Investment Purchase   D A D A     A A   N/A No
XXXXX 2000000840 XXXXX   XXXXX     Credit Title Document Error Title The Commitment or Preliminary title policy does not reflect a coverage amount (no final title policy in file). Unable to determine if appropiate coverage is provided.           Reviewer Comment (2026-06-23): Received, Clearing.
06/23/2026     No 1 C A C A C A C A C A   OR Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000846 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.       Reviewer Comment (2026-06-18): Received, Clearing.
06/18/2026     No 1 C A C A C A C A C A   OR Investment Refinance - Rate/Term   C A C A     A A   N/A No
XXXXX 2000000763 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.       Reviewer Comment (2026-06-18): Received, Clearing.
06/18/2026     No 1 C A C A C A C A C A   OR Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000109182 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure:Zero Percent Fee Tolerance exceeded for Lender Credits.  Final Lender Credit of XXXX exceeds tolerance of XXXX . Insufficient or no cure was provided to the borrower. Final Lender Credit of XXXX  exceeds tolerance of XXXX . Insufficient or no cure was provided to the borrower.       Reviewer Comment (2026-02-10): COC in file indicates pricing change due to granted exception.  Approved exception form reflecting it was within 3 business days of pricing change received in trailing doucments.


Reviewer Comment (2026-01-27): The exception is not clearable at this time. Lender credit changes are generally tied to pricing. VCCs that may affect pricing change are a loan product change, rate lock, rate lock extension, relock and loan amount change in certain situations. The XXXX CD shows the addition of LDP fees, which may be tied to pricing change, but the VCC does not indicate a reason for the change and the file does not support any pricing change documentation for the time period in any other documentation. The seller would need to provide the reason for the change and supporting documentation about when they were notified of the change.


Buyer Comment (2026-01-27): Attached find COC showing the Lender Credit was removed.
02/10/2026     No 1 C A C A C A C A C A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Exempt from ATR No
XXXXX 4000109182 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-01-14): CDFI lender testing ATR.
    01/14/2026 No 2 A A A A A A A A A A   NJ Primary Purchase   C A A A C A A A Non QM Exempt from ATR No
XXXXX 2000000747 XXXXX   XXXXX     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Rider - PUD not provided   Rider - PUD is missing.       Reviewer Comment (2026-06-22): Received Rider - PUD. Exception cleared.
06/22/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000747 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided   Missing Certificate of Good Standing within 30 days of closing.       Reviewer Comment (2026-06-23): Received, Clearing.
06/23/2026     No 1 C A C A C A C A C A   FL Investment Purchase   C A C A     A A   N/A No
XXXXX 4000131387 XXXXX   XXXXX     Credit Missing Document General Missing Document Missing Document: HUD/CD not provided   File is missing final signed and dated HUD-1/Settlement Statement.       Reviewer Comment (2026-05-22): Final closing statement received


Buyer Comment (2026-05-21): PFA as requested
05/22/2026     No 1 C A C A C A C A C A   CA Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 6000127405 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Loan does not meet one or more guideline components which could impact the borrower's ability to repay. General Ability to Repay Provision:  Loan does not meet one or more guideline components which could impact the borrower's ability to repay. Waterfall due to short 6 months verified reserves.       Reviewer Comment (2026-05-08): Certified closing statement received reflecting updated cash to close from borrower, resulting in sufficient reserves for subject transaction.


Buyer Comment (2026-05-08): Certified Final Settlement Statement attached. It shows a lower payoff figure than disclosed on the Final CD.
05/08/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
XXXXX 6000127405 XXXXX   XXXXX     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITIA months reserves of XXXX is less than Guideline PITIA months reserves of XXXX.       Reviewer Comment (2026-05-08): Certified closing statement received reflecting updated cash to close from borrower, resulting in sufficient reserves for subject transaction.


Buyer Comment (2026-05-08): Certified Final Settlement Statement attached.
05/08/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
XXXXX 6000127405 XXXXX   XXXXX     Credit Credit Miscellaneous Guideline Credit Exception:   The borrower was living rent free prior to XXXX with someone other than a spouse.   This does not meet guidelines.  File is missing underwriter discretion documentation.       Reviewer Comment (2026-05-06): 1008 with underwriter discretion received, exception cleared


Buyer Comment (2026-05-04): Updated 1008 reflecting UW discretion re rent free attached.
05/06/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
XXXXX 6000127405 XXXXX   XXXXX     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   Reserves not met.       Reviewer Comment (2026-05-08): Certified closing statement received reflecting updated cash to close from borrower, resulting in sufficient reserves for subject transaction.


Buyer Comment (2026-05-08): Certified Final Settlement Statement attached.
05/08/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
XXXXX 6000127405 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Income/Asset Guideline Deficiency - ATR Impact Ability to Repay (Dodd-Frank 2014): There are guideline deficiencies related to income and/or asset doc requirements which could result in a risk to the borrower's ability to repay.  (Exception is eligible to be regraded with compensating factors.) Reserves not met.       Reviewer Comment (2026-05-08): Certified closing statement received reflecting updated cash to close from borrower, resulting in sufficient reserves for subject transaction.


Buyer Comment (2026-05-08): Certified Final Settlement Statement attached.
05/08/2026     No 1 C A C A C A C A C A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
XXXXX 6000127405 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2026-05-08): Certified closing statement received reflecting updated cash to close from borrower, resulting in sufficient reserves for subject transaction.


Buyer Comment (2026-05-08): Certified Final Settlement Statement attached.
05/08/2026     No 1 B A C A B A C A B A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM No
XXXXX 6000127393 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Buyer Comment (2026-05-27): We accept a EV2 grade. Please waive to grade B.


Buyer Comment (2026-05-22): Please waive.
    05/27/2026 No 2 A A A A A A A A A A   CA Primary Purchase   A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000127393 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $ XXXX exceeds tolerance of $ XXXX plus  XXXX% or $ XXXX.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2026-05-20): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   CA Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Exempt from ATR No
XXXXX 6000127395 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt.         Reviewer Comment (2026-05-29): Waived per client direction.


Buyer Comment (2026-05-27): Please waive.
    05/29/2026 No 2 A A A A A A A A A A   NJ Primary Purchase   C B A A C B A A Non QM Exempt from ATR No
XXXXX 6000127395 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX or $XXXX.  $XXXX over legal limit.  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX. $XXXX over legal limit. Insufficient or no cure was provided to the borrower. (0)       Reviewer Comment (2026-06-08): XXXX received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception.


Buyer Comment (2026-06-04): please see attached


Reviewer Comment (2026-05-28): XXXX Lender Credit and Lender Cure are different amounts. Provided lender Credit -$XXXX cannot be consider as lender cure as Cure amount is not mentioned under section J inner column. If Lender credit $XXXX is provided for exceeding Ten percent fee than provide Corrected PCCD and LOX updated with $XXXX under section J inner column.


Buyer Comment (2026-05-27): Lender credit of $XXXX already given in final CD.
  XXXX   No 2 C B C B C B C B C B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Exempt from ATR No
XXXXX 6000127403 XXXXX   XXXXX     Compliance Compliance Federal Compliance ATR/QM CDFI Bank Originated Loan submitted as Non Exempt Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt.   QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule.  TILA loan designation remains ATR Exempt. Loan exempt from QM/ATR submitted with a loan originator designation of other than ATR Exempt. QM/ATR testing performed to determine if an exempt loan would otherwise meet QM/ATR criteria if it were subject to the rule. TILA loan designation remains ATR Exempt.       Reviewer Comment (2026-06-02): CDFI lender testing ATR
    06/02/2026 No 2 A A A A A A A A A A   NV Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Exempt from ATR No
XXXXX 6000127403 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on XXXX incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on XXXX did not disclose a reason for not having an escrow account on page 4.       Reviewer Comment (2026-06-11): Letter of Explanation & Corrected Closing Disclosure provided.


Buyer Comment (2026-06-11): See attached
  XXXX   No 2 C B C B C B C B C B   NV Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Exempt from ATR No
XXXXX 6000127403 XXXXX   XXXXX     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX% or $XXXX.  Sufficient or excess cure was provided to the borrower at Closing. Total amount of $XXXX exceeds tolerance of $XXXX plus XXXX%. No cure was provided to the borrower at Closing.       Reviewer Comment (2026-05-25): Sufficient Cure Provided At Closing
  XXXX   No 1 A A A A A A A A A A   NV Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A C B A A Non QM Exempt from ATR No
XXXXX 6000127403 XXXXX   XXXXX     Credit Disclosure Missing Document Disclosure E-sign Consent Agreement is missing. - The e-Sign Consent Agreement was not provided.       Reviewer Comment (2026-06-11): Esign consent.


Buyer Comment (2026-06-09): See attached
06/11/2026     No 1 C A C A C A C A C A   NV Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Exempt from ATR No
XXXXX 2000000954 XXXXX   XXXXX     Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   Hazard Insurance Policy Effective Date is after the note Hazard Insurance Policy Effective Date XXXX, Note date XXXX       Reviewer Comment (2026-07-02): Received the prior hazard insurance policy, which confirms that the policy effective date matches the note date. Exception cleared.
07/02/2026     No 1 C A C A C A C A C A   TX Investment Purchase   C A C A     A A   N/A No
XXXXX 2000000964 XXXXX   XXXXX     Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   Rent loss insurance is required on all properties, and there is no evidence of this insurance in the file.       Reviewer Comment (2026-07-06): Received, Clearing.
07/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000964 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bylaws not provided           Reviewer Comment (2026-07-06): Clearing.


Buyer Comment (2026-07-06): CPA letter acceptable for operating agreement
07/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000965 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bylaws not provided           Reviewer Comment (2026-07-06): Clearing.


Buyer Comment (2026-07-06): No need for bylaws.  operating agreement was satisfied with CPA letter and articles were uploaded.
07/06/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 2000000965 XXXXX   XXXXX     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided           Reviewer Comment (2026-07-07): Received, Clearing.


Buyer Comment (2026-07-06): Do not need corp resolution, have CPA letter in place for operating agreement and articles were already given.
07/07/2026     No 1 C A C A C A C A C A   FL Investment Refinance - Cash-out - Other   C A C A     A A   N/A No
XXXXX 4000131305 XXXXX   XXXXX     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility The Certificate of Non-Owner Occupied does not show the borrower(s) at an address different than the subject and thus casts doubt on the business purpose of the loan.           Reviewer Comment (2026-06-04): NOO Cert.


Buyer Comment (2026-06-02): Non-owner
06/04/2026     No 1 C A C A C A C A C A   NH Investment Purchase   C A C A     A A   N/A No
XXXXX 4000131305 XXXXX   XXXXX     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Provide OFAC for the borrowing entity.       Reviewer Comment (2026-06-04): OFAC


Buyer Comment (2026-06-02): ofac search
06/04/2026     No 1 C A C A C A C A C A   NH Investment Purchase   C A C A     A A   N/A No