Exhibit 99.01 - Schedule 2
| Exception Grades |
| Run Date - 8/11/2026 5:59:45 PM |
| 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 |
| xxx | 1080841 | xxx | 14062952 | Compliance | Compliance | Federal Compliance | Federal HPML | TIL Higher Priced Mortgage Loan Safe Harbor | TILA HPML appraisal Rule (Dodd-Frank [redacted]): Safe Harbor requirements not satisfied. | Fails safe harbor due to incorrect lender name on appraisal | Reviewer Comment (2019-10-04): Client elects to waive, remains EV-[redacted] |
10/04/2019 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| xxx | 1080841 | xxx | 14093776 | Property | Property - Appraisal | Appraisal Reconciliation | Property - Appraisal | Appraisal is required to be in name of Lender | - | The lender listed on the appraisal that the Client is the broker, not the lender. Lender must provide an addendum showing the lender is [redacted]. | Reviewer Comment (2019-10-04): Client elects to waive, remains EV-[redacted] |
10/04/2019 | No | 2 | B | B | B | B | B | B | B | B | B | B | TX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| xxx | 1080841 | xxx | 14093920 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - ___ | The VVOE for the borrower's current employment is missing. | Reviewer Comment (2019-10-08): Received and cleared. Seller Comment (2019-10-07): Please see attached. Thank you. |
10/08/2019 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | ||||||||||
| xxx | 1080841 | xxx | 14239100 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. | Most Recent Valuation Inspection Date: ___ Disaster End Date: ___ Disaster Name: ___ Disaster Declaration Date: ___ |
Post Disaster Inspection is required. | Property inspected post disaster but pre-FEMA declaration of disaster end date. Date of disaster: [redacted] | Aggregator | Reviewer Comment (2019-10-22): Client has requested to Waive [redacted] exception and stated they will get a PDI after FEMA end date is declared. Client is aware they may need to provide rep and warrant on securitization and answer [redacted] inquiries into method used to achieve comfort with property quality if exception remains as is. Seller Comment (2019-10-14): The loan funded prior to the disaster being declared. A post disaster inspection isn't required in this instance. Please escalate. Thank you. Reviewer Comment (2019-10-14): The appraisal was dated [redacted] and the disaster ended on [redacted] Therefore, a Post Disaster Inspection is required. Seller Comment (2019-10-11): The disaster was declared after the loan funded. Post disaster inspection isn't required. Thank you. |
10/22/2019 | Yes | 2 | B | B | B | B | B | TX | Primary | Purchase | C | B | C | B | B | B | B | B | Non QM | Non QM | No | |||||||||||||
| xxx | 2132160 | xxx | 35947269 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved exception to allow evidence of [redacted] months rent received for subject rental property ($[redacted] for [redacted]/[redacted] and [redacted]/[redacted]) and security deposit ($[redacted]) all paid via money orders supported with an active executed lease (Commenced [redacted]) VS program requirement evidence of [redacted] most recent consecutive months of rent received and copy of the fully executed active lease. Compensating factor DSCR over [redacted]%, [redacted] FICO, [redacted] months in reserves. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-02-03): Waived with compensating factors per lender exception approval at origination. |
02/03/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | GA | Investment | Refinance - Rate/Term | B | B | B | B | A | A | N/A | No | |||||||||||
| xxx | 2141203 | xxx | 36084205 | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | [redacted] - No evidence of required counseling disclosure language per [redacted]. | Buyer Comment (2026-01-24): __KEEP[redacted]__ |
01/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2141203 | xxx | 36084206 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2026-01-24): __KEEP[redacted]__ |
01/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2141203 | xxx | 36084207 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]. Non-Compliant Higher Priced Loan. | Buyer Comment (2026-01-24): __KEEP[redacted]__ |
01/24/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2141203 | xxx | 36084208 | Credit | Collateral | Missing/Incorrect | Collateral | Missing document: Lease on leasehold property is not in file | The appraisal provided reflects Fee Simple and title reflects Leasehold. Land recorded intake sheet reflects Fee Simple. If leasehold is incorrect, provide the updated title. If leasehold is correct, provide the updated appraisal, leasehold agreement and proof of ground rents to be added to DTI. It should be noted, leasehold properties are not allowed and vesting must be fee simple per guidelines. | Reviewer Comment (2026-02-06): Updated appraisal to leasehold, leasehold agreement and proof of ground rent provided. Buyer Comment (2026-02-05): Attached Reviewer Comment (2026-01-28): We have received the leasehold agreement. Please provide the updated appraisal reflecting the leasehold, along with documentation of the ground rent so it can be included in the DTI calculation. Please note that leasehold properties are not permitted per guidelines, and vesting must be fee simple. Exception remains. Buyer Comment (2026-01-26): see attached |
02/06/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2141203 | xxx | 36084209 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Per guidelines, vesting must be fee simple. Property is a leasehold. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has owned the subject property for at least [redacted] years. Borrower has verified disposable income of at least $[redacted]. Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-03-10): Client elects to waive with verified compensation factors Buyer Comment (2026-03-10): see attached Reviewer Comment (2026-02-23): Client requested back. An exception will be required for leasehold property. Buyer Comment (2026-02-23): disregard Buyer Comment (2026-02-23): pls advise what is needed to clear this condition- exception was made for leasehold Reviewer Comment (2026-02-06): Updated appraisal provided post review to leasehold with leasehold and ground rent provided. |
03/10/2026 | Yes | 2 | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||||
| xxx | 2141203 | xxx | 36084211 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Provide evidence the updated appraisal received post-review with a completion date of [redacted] was delivered to the borrower. Once received, condition will update to an __KEEP[redacted]__/B. | Reviewer Comment (2026-02-13): Delivery provided Buyer Comment (2026-02-12): see attached |
02/13/2026 | No | 1 | A | A | A | A | A | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||||||
| xxx | 2141203 | xxx | 36084212 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Non Escrow Costs Year [redacted] Underdisclosed - [redacted] | TILA-RESPA Integrated Disclosure - Loan Disclosures: Non Escrowed Property Costs over [redacted] on Final Closing Disclosure provided on [redacted] are underdisclosed. | Ground rent provided post review as property is a leasehold. | Reviewer Comment (2026-03-09): [redacted] received PCCD and LOE Buyer Comment (2026-03-06): Attached Reviewer Comment (2026-03-05): [redacted] received PCCD dated [redacted]which has same issue date as final CD issue date. Please provide updated PCCD with correct issue to cure the exception. Buyer Comment (2026-03-03): Attached |
03/09/2026 | No | 2 | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | Letter of Explanation & Corrected Closing Disclosure | C | B | C | B | B | B | A | A | Non QM | Non QM | Yes | ||||||||||||||
| xxx | 2141203 | xxx | 36084213 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of revised valuation to applicant [redacted] business days prior to consummation. | Reviewer Comment (2026-03-09): Client elects to waive Buyer Comment (2026-03-06): the value did not change. Please downgrade and waive Reviewer Comment (2026-02-23): The acknowledgment is not acceptable as a choice was not selected as well as the updated appraisal was not obtained [redacted]days prior to closing. Updates were made post-close. Client can elect to waive condition as-is as an [redacted] Buyer Comment (2026-02-23): see attached Reviewer Comment (2026-02-13): The updated appraisal was not delivered within [redacted]business days prior to closing. Client can elect to waive as an [redacted] |
03/09/2026 | No | 2 | B | B | B | B | B | MD | Primary | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||||||||
| xxx | 2180163 | xxx | 36288135 | 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 [redacted] business days prior to closing. | Evidence of earlier receipt not provided | Reviewer Comment (2026-04-07): [redacted] received initial CD. Buyer Comment (2026-04-06): CD attached was signed [redacted] and settlement attached shows [redacted] that is more than [redacted] days |
04/07/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | No Defined Cure | D | B | D | A | C | B | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2180163 | xxx | 36288137 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | A gap credit report provided within [redacted] days of closing is missing from file. | Reviewer Comment (2026-04-08): Exception cleared Buyer Comment (2026-04-06): The LQI they provided is dated [redacted]-[redacted]-[redacted], so it expired [redacted]-[redacted]-[redacted]. The borrower signed [redacted]-[redacted]-[redacted] well within those [redacted] days |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2180163 | xxx | 36288138 | 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 Origination Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Cure nor valid COC provided | Reviewer Comment (2026-04-09): [redacted] received updated LE and valid changed circumstance. Buyer Comment (2026-04-07): see attached Reviewer Comment (2026-04-07): [redacted] received CD dated [redacted] but the COC dated [redacted] for change in loan amount is not within [redacted] business days. The changes were made on CD dated [redacted] is [redacted]th day from the date of COC. Please provide any missing LE/CD or cure would be required. Buyer Comment (2026-04-06): Attached |
04/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2180163 | xxx | 36288139 | 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 HOA/Condo Questionnaire. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | COC just says HOA fee added. A valid reasoning was not provided. | Reviewer Comment (2026-04-09): [redacted] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check resulting in a cured the exception. Buyer Comment (2026-04-08): Attached Reviewer Comment (2026-04-07): [redacted] received corrected PCCD and proof of mailing for cure of $[redacted] but missing copy of refund check and LOE to borrower to cure. Buyer Comment (2026-04-06): Attached |
04/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Refinance - Cash-out - Other | Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD | D | B | D | A | C | B | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2180163 | xxx | 36288140 | Credit | Hazard Insurance | Document Error | Hazard Insurance | Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements. | The blanket policy reflects a different mortgagee + ISAOA. | Reviewer Comment (2026-04-08): Exception cleared Buyer Comment (2026-04-06): Attached |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | D | B | D | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2168027 | xxx | 36365550 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Guideline | Guideline Requirement: PITIA reserves months discrepancy. | FTHB > [redacted]% LTV requires [redacted] months reserves | Reviewer Comment (2026-04-21): Received updated information. Per lender guides, a FTHB is someone who has not had a mortgage within the last [redacted] years. The borrower has a mortgage with [redacted]/[redacted]/[redacted] [redacted]. Condition cleared. Buyer Comment (2026-04-17): borrower is not a FTHB has had mtg in past [redacted] yrs. Reviewer Comment (2026-04-16): Based on the Combined [redacted] [redacted] Matrix dated [redacted] and Non-Agency Guidelines v[redacted] effective [redacted], the borrower is classified as a First-Time Homebuyer. For loan-to-value (LTV) ratios greater than [redacted]%, a minimum of six ([redacted]) months of reserves is required. Please provide additional eligible asset documentation to satisfy the reserve requirement. Exception remains. Buyer Comment (2026-04-14): The [redacted] matrix states [redacted] ? Pls advise Reviewer Comment (2026-04-09): The account for #[redacted] was already included at time of review. Borrower is short [redacted] months reserves. Buyer Comment (2026-04-06): see attached- |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2168027 | xxx | 36365551 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Insufficient reserves | Reviewer Comment (2026-04-21): Received updated information. Per lender guides, a FTHB is someone who has not had a mortgage within the last [redacted] years. The borrower has a mortgage with [redacted]/[redacted]/[redacted] [redacted]. Condition cleared. Buyer Comment (2026-04-14): [redacted] shows [redacted] ? Reviewer Comment (2026-04-09): The account for #[redacted] was already included at time of review. Borrower is short [redacted] months reserves. Buyer Comment (2026-04-06): see attached |
04/21/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | AZ | Primary | Purchase | Lender to provide updated ATR/QM Loan Designation | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2168027 | xxx | 36365552 | 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 [redacted]): Based on the loan failing one or more guideline components, the loan is at ATR risk. | Insufficient reserves | Reviewer Comment (2026-04-21): Received updated information. Per lender guides, a FTHB is someone who has not had a mortgage within the last [redacted] years. The borrower has a mortgage with [redacted]/[redacted]/[redacted] [redacted]. Condition cleared. Buyer Comment (2026-04-14): [redacted] shows [redacted] Reviewer Comment (2026-04-09): The account for #[redacted] was already included at time of review. Borrower is short [redacted] months reserves. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Primary | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2162982 | xxx | 36481121 | Credit | Loan Package Documentation | Closing / Title | Title | Title: Evidence of title is missing | Reviewer Comment (2026-04-28): Received Title Commitment and Title Final. Exception cleared. Buyer Comment (2026-04-24): final |
04/28/2026 | 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 | |||||||||||||||
| xxx | 2162982 | xxx | 36481122 | 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 (2026-04-28): Received Certificate of Non-Owner Occupancy showing borrower at a different address. Exception cleared. Buyer Comment (2026-04-24): Non-Owner |
04/28/2026 | 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 | |||||||||||||||
| xxx | 2162982 | xxx | 36481123 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Legal / Regulatory / Compliance | Final Title Policy is missing. No evidence of title in file. | Reviewer Comment (2026-04-28): Received Title Commitment and Title Final. Exception cleared. Buyer Comment (2026-04-24): see attached final |
04/28/2026 | 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 | |||||||||||||||
| xxx | 2162982 | xxx | 36481124 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Title Preliminary not provided | Reviewer Comment (2026-04-28): Received Title Commitment and Title Final. Exception cleared. Buyer Comment (2026-04-24): pre-lim |
04/28/2026 | 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 | |||||||||||||||
| xxx | 2162972 | xxx | 36481129 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Bank statements are missing in file. | The qualifying DSCR on the loan is greater than the guideline minimum. The representative FICO score exceeds the guideline minimum by XX points. |
The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. The representative FICO score exceeds the guideline minimum by [redacted] points. |
SitusAMC,Originator SitusAMC,Originator |
Reviewer Comment (2026-05-08): Waived with compensating factors per lender approved exception received in trailing docs. Reviewer Comment (2026-05-08): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Documented qualifying Assets for Closing of $[redacted] is less than Cash From Borrower $[redacted] Buyer Comment (2026-05-07): exception Reviewer Comment (2026-04-29): Cash from borrower requirement is not met. POC $[redacted] + Cash from borrower (__KEEP[redacted]__) $[redacted] Total $[redacted] Exception remains Buyer Comment (2026-04-27): POC appraisal |
05/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2167099 | xxx | 36662458 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted] Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-20): Lender exception approval in file |
04/20/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | PA | Primary | Refinance - Cash-out - Other | C | B | B | B | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2167099 | xxx | 36662463 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Amount Financed Test | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an Amount Financed disclosed an inaccurate Amount Financed. The disclosed Amount Financed in the amount of $[redacted] is over disclosed by $[redacted] compared to the calculated Amount Financed of $[redacted] 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 [redacted]). | No cure provided | Reviewer Comment (2026-04-24): [redacted] received lender attestation confirming title-tax cert is one time fee, not life of loan Buyer Comment (2026-04-23): Its a one time charge Reviewer Comment (2026-04-23): [redacted] received rebuttal that Title-tax Status Research Fees totaling $[redacted] were onetime life of loan charges. However, a life of loan fee would be considered a finance charge, as it is an ongoing fee for the life of the loan term, which would continue to check tax status'. A one-time title-tax status research fee would not be for life of loan and is for the tax determination at or prior to closing for purposes of the loan closing for determination. Please provide a lender's attestation clarifying the comment and confirming the service provided on this fee. Buyer Comment (2026-04-22): Tax cert fee of $[redacted] is a onetime life of loan charge and should not be included in the finance charge. |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | 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 | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2167099 | xxx | 36662464 | Compliance | Compliance | Federal Compliance | TRID Defect | TRID Final Closing Disclosure Finance Charge | TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Finance Charge on page [redacted] that does not match the actual Finance Charge for the loan. The disclosed Finance Charge in the amount of $[redacted] is under disclosed by $[redacted] compared to the calculated Finance Charge of $[redacted] which exceeds the $[redacted] threshold (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [redacted]). | No cure provided | Reviewer Comment (2026-04-24): [redacted] received lender attestation confirming title-tax cert is one time fee, not life of loan Buyer Comment (2026-04-23): It is a one time charge Reviewer Comment (2026-04-23): [redacted] received rebuttal that Title-tax Status Research Fees totaling $[redacted] were onetime life of loan charges. However, a life of loan fee would be considered a finance charge, as it is an ongoing fee for the life of the loan term, which would continue to check tax status'. A one-time title-tax status research fee would not be for life of loan and is for the tax determination at or prior to closing for purposes of the loan closing for determination. Please provide a lender's attestation clarifying the comment and confirming the service provided on this fee. Buyer Comment (2026-04-22): Tax cert fee of $[redacted] is a onetime life of loan charge and should not be included in the finance charge. |
04/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Primary | Refinance - Cash-out - Other | 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 | B | B | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2167099 | xxx | 36662466 | 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 $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-20): Sufficient Cure Provided At Closing |
04/20/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | PA | Primary | Refinance - Cash-out - Other | Final CD evidences Cure | C | B | B | B | C | A | A | A | Non QM | Non QM | Yes | ||||||||||
| xxx | 2167102 | xxx | 36662468 | Credit | Disclosure | Missing Document | Disclosure | E-sign Consent Agreement is missing. | - | Reviewer Comment (2026-04-23): E-Sign Consent Agreement associated. Exception Cleared Buyer Comment (2026-04-22): e-consent |
04/23/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Primary | Purchase | C | A | C | A | A | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2167102 | xxx | 36662471 | 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 $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-21): Sufficient Cure Provided At Closing |
04/21/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | NJ | Primary | Purchase | Final CD evidences Cure | C | A | C | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| xxx | 2167107 | xxx | 36662473 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-04-24): Received Buyer Comment (2026-04-22): Please see attached Rate Lock |
04/24/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | AZ | Second Home | Refinance - Cash-out - Other | B | A | A | A | B | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2167101 | xxx | 36662475 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Provided Desk Review does not have verification it was provided to the borrower. Provided Acknowledgment of Receipt of Appraisal Report (D[redacted]) is invalid. | Reviewer Comment (2026-04-28): Client acknowledges as is and proceeds with __KEEP[redacted]__. Buyer Comment (2026-04-23): Elect to waive secondary valuation grade [redacted] and close out. |
04/28/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2167101 | xxx | 36662478 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed the borrower's self-employment income with less than [redacted] years since the company's inception. | Borrower has verified disposable income of at least $[redacted] Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-04-22): Lender exception approval in file |
04/22/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | FL | Second Home | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2167101 | xxx | 36662479 | Credit | Guideline | Guideline Issue | Guideline | Borrower does not have the minimum open tradelines per guidelines. | Lender guidelines require at least [redacted] tradelines that have been active within [redacted] months. The provided credit report does not meet this requirement. There is no alternative credit documentation such as a verification of mortgage to satisfy this requirement. | Reviewer Comment (2026-04-30): Received Tax Cert showing taxes paid on time, using as alternate tradeline under Mortgage history - Owned free and clear: o Most recent [redacted] months property taxes paid on time Reviewer Comment (2026-04-27): Property tax is not considered a credit tradeline. Exception remains Buyer Comment (2026-04-23): Providing property multi year tax history as [redacted]nd active trade line to clear. |
04/30/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Refinance - Cash-out - Other | C | B | C | B | B | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2167104 | xxx | 36662482 | 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 $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-04-23): Sufficient Cure Provided At Closing |
04/23/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | SC | Primary | Refinance - Rate/Term | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| xxx | 2167103 | xxx | 36662494 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender approved [redacted]nd home vesting in an LLC. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted] Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-01): Lender exception in file |
05/01/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | CA | Second Home | Refinance - Cash-out - Other | B | B | B | B | A | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2158290 | xxx | 36676787 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a [redacted] month rent payment history for the primary residence.. | Reviewer Comment (2026-04-10): [redacted] month rent payment history for the primary residence received, exception cleared Buyer Comment (2026-04-08): Please see attached |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | MA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2158290 | xxx | 36676788 | Credit | Credit | Credit Documentation | Credit | Missing Document: Appraisal Invoice not provided | Reviewer Comment (2026-04-10): Appraisal Invoice received, exception cleared Buyer Comment (2026-04-08): Please see attached |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2155424 | xxx | 36677293 | 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 (2026-03-20): Received Occupancy Certificate. Exception Cleared. Buyer Comment (2026-03-18): PFA |
03/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2180167 | xxx | 36693600 | 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 $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-02): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-05-29): see attached cure ck Buyer Comment (2026-05-29): see attached loe Buyer Comment (2026-05-29): see attached waiting on ck Buyer Comment (2026-05-29): see attached Buyer Comment (2026-05-29): see attached -will upload ck once received Buyer Comment (2026-05-29): see attached - waiting on check |
06/02/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | AZ | 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 | No | |||||||||
| xxx | 2173159 | xxx | 36693604 | 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 $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-22): Sufficient Cure Provided At Closing |
05/22/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2173159 | xxx | 36693606 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Documentation to verify a [redacted]-month housing history is not located in the file. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted] Borrower has worked in the same position for more than [redacted] years. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] DTI: [redacted]% Guideline Maximum DTI: [redacted]% |
SitusAMC Aggregator,SitusAMC SitusAMC Aggregator,SitusAMC |
Reviewer Comment (2026-06-01): Client elects to waive with compensating factors. Reviewer Comment (2026-06-01): Lender exception approval provided for no housing history less than [redacted] months. Buyer Comment (2026-05-28): see attached Buyer Comment (2026-05-28): borrower lives rent free |
06/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | TX | Primary | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| xxx | 2177262 | xxx | 36797438 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Rate Lock document missing in the file. | Reviewer Comment (2026-05-26): Received rate lock document in file. Exception Cleared. Buyer Comment (2026-05-21): see attached lock confirmations |
05/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2177262 | xxx | 36797439 | 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 [redacted] business days prior to closing. | Closing Disclosure not provided to Borrower(s) at least [redacted] business days prior to closing. | Reviewer Comment (2026-05-22): [redacted] received initial CD. Buyer Comment (2026-05-21): see attached |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | No Defined Cure | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2177262 | xxx | 36797440 | 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 $[redacted] exceeds tolerance of $[redacted] Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted] exceeds tolerance of $[redacted] Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-11): [redacted] received valid COC document Buyer Comment (2026-06-10): see attached COC Reviewer Comment (2026-05-22): [redacted] received CD dated [redacted]. However ,the lender credit decreased on CD dated [redacted] for $[redacted] Kindly provide a valid COC for the fee decreased or cure due to borrower ,Cure documents consist of Post CD,LOX,Copy of refund check and proof of mailing. Buyer Comment (2026-05-21): see attached CD supports lender credits [redacted] |
06/11/2026 | 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 | C | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2177262 | xxx | 36797443 | Compliance | TRID | Document Error | TRID | Closing Disclosure: Dates are not in chronological order. | - | Closing Disclosure issue date is [redacted]; however, borrower signature date is [redacted]. Dates are not in chronological order. Provide updated Final Closing Disclosure with corrected dates. | Reviewer Comment (2026-06-17): Cleared. Received CD issued [redacted] that is signed by borrower on [redacted]. Buyer Comment (2026-06-15): see attached Reviewer Comment (2026-06-15): There is an addtional CD signed by the borrower on [redacted] that has a date issued date of [redacted]. Buyer Comment (2026-06-11): This loan signed on [redacted] please clear with attached final closing disclosure. Reviewer Comment (2026-05-26): Provided Closing Disclosure issue date is [redacted]; however, borrower signature date is [redacted]. Dates are not in chronological order. Provide updated Closing Disclosure with corrected dates. Exception Remains. Buyer Comment (2026-05-21): see attached |
06/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2177262 | xxx | 36797444 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | A gap credit report provided within [redacted] days of closing is missing from the file. | Reviewer Comment (2026-05-26): Received Gap credit report in file. Exception Cleared. Buyer Comment (2026-05-21): see attached LQI report |
05/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Second Home | Purchase | C | A | C | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2177265 | xxx | 36797458 | Property | Property - Appraisal | General Appraisal Requirements | Property - Appraisal | The appraisal revealed property damage. | - | Deferred maintenance is evident from the photographs provided in the appraisal report and is also explicitly noted by the appraiser in the comments, including holes in drywall, damaged and missing flooring, and interior paint deficiencies. However, the appraisal has been completed on an "As-Is" basis without addressing these required repairs. A Form [redacted]D (Completion Report) is not included in the file to confirm that the noted repairs have been completed. Provide a [redacted]D or a revised appraisal clarifying the subject-to-repairs condition and confirming completion of all required repairs. | Reviewer Comment (2026-06-15): Received CTC of $[redacted] condition cleared. Buyer Comment (2026-06-11): revised appraisal attached -ctc $[redacted] |
06/15/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | GA | Primary | Purchase | D | A | D | A | A | A | B | A | Non QM | Non QM | No | ||||||||||
| xxx | 2177265 | xxx | 36797459 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Rate Lock in file not dated. | Reviewer Comment (2026-06-15): Received lock. Cleared. Buyer Comment (2026-06-11): lock attached |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | GA | Primary | Purchase | D | A | D | A | A | A | B | A | Non QM | Non QM | No | |||||||||||
| xxx | 2177261 | xxx | 36809961 | 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 $[redacted] exceeds tolerance of $[redacted] plus [redacted]% or $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | No cure nor Change of Circumstance provided. | Reviewer Comment (2026-06-10): [redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD. Buyer Comment (2026-06-08): copy of check Buyer Comment (2026-06-08): see attached |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | UT | 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 | |||||||||
| xxx | 2180165 | xxx | 36856179 | Credit | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal not provided | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached appraisal |
06/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||||
| xxx | 2180165 | xxx | 36856180 | Compliance | Loan Package Documentation | Application / Processing | Missing, Incorrect, or Incomplete Final or Initial 1003 | Missing Document: Missing Lender's Initial [redacted] | Missing [redacted] Initial. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): initial [redacted] attached |
06/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | |||||||||||
| xxx | 2180165 | xxx | 36856182 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Appraisal is missing. Sec ID: [redacted] | Appraisal is missing. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached appraisal |
06/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | |||||||||||
| xxx | 2180165 | xxx | 36856183 | Compliance | Compliance | State Compliance | State Defect | [redacted] Prepayment Penalty Test [redacted] Investment | [redacted]: Mortgage loan contains an impermissible prepayment penalty. | Mortgage loan contains an impermissible prepayment penalty. | Reviewer Comment (2026-06-22): Investment business purpose loan and Lender elected to extend closed end credit under [redacted] Title [redacted], Subtitle [redacted] (indicated on the Note). There is no PPP limitation under [redacted] Credit Grantor ("[redacted]" - [redacted] Title [redacted], Subtitle [redacted]). The exception has been cleared. Buyer Comment (2026-06-18): see attached and advise. |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856184 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of the taxes and insurance and proof that [redacted] is owned free and clear. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856185 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of the taxes and insurance and proof that [redacted] is owned free and clear. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856186 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of the full PITIA for [redacted]. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856187 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Business Narrative for Bank Statement income is missing from file. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856188 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Missing verification of the full PITIA for [redacted]. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | ||||||||||
| xxx | 2180165 | xxx | 36856189 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | A credit report from [redacted] was provided, but the FACTA disclosure that provided the FICO scores is dated [redacted]. This is over [redacted] days old and is no longer valid | Reviewer Comment (2026-06-17): Document provided [redacted] Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | |||||||||||
| xxx | 2180165 | xxx | 36856190 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | Fraud report is missing for [redacted]. | Reviewer Comment (2026-06-17): Document provided Buyer Comment (2026-06-15): see attached |
06/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | |||||||||||
| xxx | 2180165 | xxx | 36856191 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Loan is to be securitized. Secondary valuation is missing. Sec ID: [redacted] | Reviewer Comment (2026-06-25): Received CDA. Condition cleared. Buyer Comment (2026-06-23): see attached |
06/25/2026 | No | 1 | A | A | A | A | A | MD | Investment | Refinance - Cash-out - Other | D | A | D | A | C | A | D | A | N/A | N/A | No | |||||||||||||||||
| xxx | 2180166 | xxx | 36856193 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-06-16): Received evidence of borrowers receipt. Condition cleared. Buyer Comment (2026-06-12): see attached |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2180166 | xxx | 36856194 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Reviewer Comment (2026-06-16): Received evidence of borrowers receipt. Condition cleared. Buyer Comment (2026-06-12): see attached |
06/16/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2180166 | xxx | 36856196 | Compliance | Compliance | State Compliance | Misc. State Level | Maryland Counseling Agencies Disclosure Not in File | [redacted] - No evidence of required counseling disclosure language per [redacted]. | No evidence of required counseling disclosure language per [redacted]. | Buyer Comment (2026-06-12): ok to waive |
06/12/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2180166 | xxx | 36856197 | Compliance | Compliance | State Compliance | State HPML | (State HPML Disclosure) Maryland Higher-Priced Mortgage Loan (Disclosure of Non-HPML Loans Borrower Qualifies For Not Provided) | [redacted] Higher-Priced Mortgage Loan: Borrower not provided with written disclosure of non-higher priced loans otherwise qualified for. | Buyer Comment (2026-06-18): waived Reviewer Comment (2026-06-18): File is missing the following disclosure: The MD HPML disclosure must contain information about the non-higher priced mortgage loans that are available and for which the borrower may qualify. Buyer Comment (2026-06-17): Pls rev -why is this a condition- file is HPML but we have impounds on the file so in compliance w/ regs |
06/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2180166 | xxx | 36856198 | Compliance | Compliance | State Compliance | State HPML | [redacted] HPML Threshold Test Non-Compliant | [redacted] Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Loan. | Buyer Comment (2026-06-18): waived Reviewer Comment (2026-06-18): Citing is an __KEEP[redacted]__ and may be waived. Buyer Comment (2026-06-17): Pls rev -why is this a condition- file is HPML but we have impounds on the file so in compliance w/ regs Reviewer Comment (2026-06-16): This is an __KEEP[redacted]__ citing and may be waived by lender. Buyer Comment (2026-06-12): see attached |
06/18/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | MD | Primary | Purchase | C | B | A | A | C | B | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2180166 | xxx | 36856200 | 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 $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. | Reviewer Comment (2026-06-19): [redacted] received updated CD and valid changed circumstances. Buyer Comment (2026-06-17): see attached Reviewer Comment (2026-06-16): EXCEPTION HISTORY - Exception Detail was updated on [redacted] PRIOR Exception Detail: TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $[redacted] exceeds tolerance of $[redacted] $[redacted] over legal limit. Insufficient or no cure was provided to the borrower. ([redacted]) Reviewer Comment (2026-06-15): [redacted] received COC dated [redacted] and [redacted]; however, corresponding CD missing for COC dated [redacted]. Also, discount point fee increased on CD dated [redacted] without COC in file. Provide Valid COC for CD dated [redacted] and corresponding CD for COC dated [redacted]. Buyer Comment (2026-06-12): see attached |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | 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 | |||||||||
| xxx | 2180168 | xxx | 36856203 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-22): Received REO documentation. Condition cleared. Buyer Comment (2026-06-18): see attached Buyer Comment (2026-06-18): =see attached |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| xxx | 2180168 | xxx | 36856204 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | File is missing the recent closing statement, taxes, insurance and HOA verification for this property. | Reviewer Comment (2026-06-22): Received REO documentation. Condition cleared. Buyer Comment (2026-06-18): see attached |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||
| xxx | 2180084 | xxx | 36905041 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Please provide evidence of settlement and/or release of Judgment for $[redacted] to [redacted] and [redacted]. | Reviewer Comment (2026-03-17): Received evidence of satisfaction of judgment. Exception cleared. Buyer Comment (2026-03-13): release |
03/17/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | PA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2180084 | xxx | 36905042 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Provide a Certificate of Good Standing dated within [redacted] days of the Note. | Reviewer Comment (2026-03-17): Received certificate of good standing. Exception Cleared. Buyer Comment (2026-03-13): COGS |
03/17/2026 | 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 | ||||||||||||||
| xxx | 2180083 | xxx | 36905047 | Credit | Credit | Credit Calculation / Analysis | Guideline | Guideline Requirement: Representative FICO score discrepancy. | Representative FICO score of ___ is less than Guideline representative FICO score of ___. | Due to DSCR is below [redacted] which requires a [redacted]. The minimum FICO score for DSCR below [redacted] with LTV of [redacted]% or lower is [redacted]. | Borrower has owned the subject property for at least [redacted] years. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. |
Borrower has owned investment property for [redacted] years. Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Reserves: [redacted] Guideline Requirement: [redacted] |
Originator,SitusAMC Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-04-08): Waived with compensating factors per lender exception received in trailing docs. Buyer Comment (2026-04-06): Please see exception attached. Thank you. Reviewer Comment (2026-04-01): Per [redacted], guideline usage is determined by application date. Subject loan application date of [redacted] is prior to the [redacted] guidelines, so we would be unable to use them to review this file. Buyer Comment (2026-03-30): PLEASE note: our policy is that any loan that was submitted before but not locked when the new guidelines of [redacted] were released, was required to use the [redacted] guides. Thank you. Buyer Comment (2026-03-30): Please see email from UW Manager with push bash back using [redacted] updated guidelines dated [redacted]. Thank you. |
04/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NY | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2180069 | xxx | 36905049 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The file is missing the OFAC report for the business entity. | Reviewer Comment (2026-03-25): OFAC Buyer Comment (2026-03-23): OFAC and Payment history provided Buyer Comment (2026-03-23): PFA OFAC and Payment history Buyer Comment (2026-03-23): PFA |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | ME | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180069 | xxx | 36905050 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide verification of the [redacted] and [redacted] payments for both the primary and subject property. | Reviewer Comment (2026-03-25): Mortgage statements. Buyer Comment (2026-03-24): payment history was uploaded with OFAC condition |
03/25/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | ME | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180079 | xxx | 36905059 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | OFAC is required for all parties involved in the transaction - business entity is missing. | Reviewer Comment (2026-04-16): OFAC received Buyer Comment (2026-04-09): fraud report |
04/16/2026 | 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 | ||||||||||||||
| xxx | 2180079 | xxx | 36905060 | 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 (2026-04-13): The Certificate of Non-Owner Occupied received showing the borrower(s) at different address than the subject. Exception Cleared. Buyer Comment (2026-04-09): Non-Owner |
04/13/2026 | 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 | |||||||||||||||
| xxx | 2180079 | xxx | 36905061 | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | - | Reviewer Comment (2026-05-12): Guaranty agreement received with the guarantor's spouse signature; separate spousal consent is not required. Exception cleared. Buyer Comment (2026-05-08): Guaranty |
05/12/2026 | 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 | ||||||||||||||
| xxx | 2180068 | xxx | 36905069 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-24): Pay history. Buyer Comment (2026-06-23): LOE from Borrower @ Housing History Reviewer Comment (2026-06-09): Mortgage statements provided are not for the primary residence. Per credit app the primary residence is [redacted]. Buyer Comment (2026-06-05): Please see attached |
06/24/2026 | 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 | ||||||||||||||
| xxx | 2180071 | xxx | 36905073 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Appraisal is not in lender's name. Require appraisal invoice to match the amount POC on the final settlement statement. | Reviewer Comment (2026-06-24): Updated final closing statement and appraisal invoice. Buyer Comment (2026-06-24): PFA HUD with Appraisal amount of $[redacted] Reviewer Comment (2026-06-05): Appraisal invoice matching what was paid on the HUD is required. $[redacted] Buyer Comment (2026-06-03): we donot have a invoice for $[redacted] would a transfer letter do instead? Reviewer Comment (2026-05-29): Received paid invoice in the amount of $[redacted] from insurance company. Require full paid invoice for appraisal in the amount of $[redacted] which is reflecting on final __KEEP[redacted]__. Exception remains. Buyer Comment (2026-05-27): PFA Invoice Reviewer Comment (2026-05-27): The invoice in the file is unpaid; however, the HUD document reflects a POCB amount of $[redacted] paid outside of closing by the borrower. Require appraisal invoice to match the amount POC on the final settlement statement or transferred letter. Exception Remains. Buyer Comment (2026-05-22): It is a business purpose loan, hence we don't required Transferred letter. Reviewer Comment (2026-05-14): Invoice in file reflects $[redacted] and does not reflect paid. HUD provided reflects $[redacted] paid outside of closing by borrower. Invoice reflecting amount shown on HUD, and that it has been paid, required for review. Buyer Comment (2026-05-12): Please review D[redacted] |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | MD | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180071 | xxx | 36905074 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement. Lender name is misspelled. | Reviewer Comment (2026-05-29): Received final __KEEP[redacted]__ signed by all the parties. Exception cleared. Buyer Comment (2026-05-27): PFA document. Reviewer Comment (2026-05-14): Document provided is cut off at the top. Please provide complete final __KEEP[redacted]__/Settlement Statement certified final or signed by all parties. Also, please note, the lender name is misspelled on the copy uploaded, which is what this condition was referencing. Buyer Comment (2026-05-12): PFA As requested |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MD | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180072 | xxx | 36905075 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-02): Final title received. |
06/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2180072 | xxx | 36905076 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both individuals signed the Note as trustees. Provide a signed credit application, Credit Report and Fraud report for borrower [redacted]. | Reviewer Comment (2026-06-26): Corrected Note, along with destroyed Note affidavit, received, correcting vesting to co-trustee signing as trustee only. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180072 | xxx | 36905077 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-05-20): Satisfaction of mortgage and tax cert verifying all [redacted] taxes are paid. Buyer Comment (2026-05-18): [redacted] paid taxes Buyer Comment (2026-05-18): satisfaction of mtg Buyer Comment (2026-05-18): Property profile |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180072 | xxx | 36905078 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-06-02): Clear final title received. Buyer Comment (2026-05-29): Final Title |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180075 | xxx | 36905079 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-02): Clear final title received. |
06/02/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2180075 | xxx | 36905080 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-06-02): Clear final title received. Buyer Comment (2026-05-29): Final Title |
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 | ||||||||||||||
| xxx | 2180075 | xxx | 36905081 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both borrowers signed the Note as trustees. Provide a [redacted]/Credit Application for borrower [redacted] along with Fraud and credit report. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | 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 | ||||||||||||||
| xxx | 2180075 | xxx | 36905082 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-05-18): Property history report, release of lien and proof taxes paid received in trailing docs. Reviewer Comment (2026-05-15): Lien release and tax cert. Buyer Comment (2026-05-13): tax paid Buyer Comment (2026-05-13): satisfaction Buyer Comment (2026-05-13): Property profile |
05/18/2026 | 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 | ||||||||||||||
| xxx | 2180078 | xxx | 36905083 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Credit application, credit report and a Fraud report is missing in the file for "[redacted]". Both individuals signed the Note as trustees. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | 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 | |||||||||||||
| xxx | 2180078 | xxx | 36905085 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-05-14): Received evidence primary owned free and clear, with proof of no delinquent taxes, in trailing documents. Buyer Comment (2026-05-12): [redacted] paid real estate tax Buyer Comment (2026-05-12): satisfaction Buyer Comment (2026-05-12): Property profile |
05/14/2026 | 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 | ||||||||||||||
| xxx | 2180074 | xxx | 36905086 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-08): Final title. |
06/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2180074 | xxx | 36905087 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-10): Property is free and clear per property report and [redacted] report. Buyer Comment (2026-06-10): Please see attached. Thank you. Buyer Comment (2026-06-08): Please see the attached. Thank you. Reviewer Comment (2026-05-14): Release of lien in file is dated in [redacted], which is [redacted] years prior to our subject loan. Please provide property profile report reflecting no liens on primary residence. Buyer Comment (2026-05-12): Please find sat piece & tax bill attached. |
06/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180074 | xxx | 36905088 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment/loan payoff in the file indicates a blanket mortgage covers the subject property. Provide evidence loan was paid in full or that the subject property was fully released from the lien. | Reviewer Comment (2026-06-08): Final title. Buyer Comment (2026-06-04): Please see final title policy attached. Thank you. |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180074 | xxx | 36905089 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both borrowers signed the Note as trustees. Provide a [redacted]/Credit Application for borrower [redacted] along with Fraud and credit report. | Reviewer Comment (2026-06-28): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Note uploaded. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180074 | xxx | 36905090 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Insurance is insufficient. The shortfall is $[redacted] | Reviewer Comment (2026-05-28): Replacement cost estimator policy is available in file. Verified and updated details. Exception Cleared. Buyer Comment (2026-05-26): Please see attached. Thank you. Reviewer Comment (2026-05-15): Need evidence that the policy contains "[redacted]%" replacement cost. Buyer Comment (2026-05-13): Please see email attached. Thank you. |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180077 | xxx | 36905095 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-06-12): Final title. |
06/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2180077 | xxx | 36905096 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Loan is included in a blanket mortgage. Provide verification the lien against the subject property is paid in full and/or verify the property is fully released from the blanket lien. | Reviewer Comment (2026-06-12): Final title. Buyer Comment (2026-06-10): Please see final clear title policy attached. Thank you. Reviewer Comment (2026-06-02): Final title reflecting the blanket mortgage lien has been released is required for review of this condition. Buyer Comment (2026-05-29): I do not understand this exception. The payoff demand and Final HUD reflect this is the lien and released from the blanket mortgage. In addition, title only reflects such. |
06/12/2026 | 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 | ||||||||||||||
| xxx | 2180077 | xxx | 36905097 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-12): Property report, Fraud Report and [redacted] Property assessment, deeds and mortgages. Buyer Comment (2026-06-10): Please see attached. Thank you. |
06/12/2026 | 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 | ||||||||||||||
| xxx | 2180077 | xxx | 36905098 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both individuals signed the Note as trustees. A credit application, credit and Fraud report is required from/for borrower [redacted]. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | 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 | ||||||||||||||
| xxx | 2180085 | xxx | 36905102 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | Closing statement provided is not fully signed. Missing signature from title agent. | Reviewer Comment (2026-05-20): Final SS. Buyer Comment (2026-05-18): Final SS |
05/20/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180073 | xxx | 36905104 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | [redacted] Error: Birth Date was not provided | - | Both natural persons signed as Trustees, and as such, credit documents are required for both. File is missing credit application for [redacted]. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | |||||||||||||
| xxx | 2180073 | xxx | 36905107 | Credit | Credit | Credit Documentation | Missing Document | Missing Document: Credit Report not provided | Both natural persons signed as Trustees, and as such, credit documents are required for both. File is missing credit report for [redacted]. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180073 | xxx | 36905110 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Missing Final [redacted] | Both natural persons signed as Trustees, and as such, credit documents are required for both. File is missing credit application for [redacted]. | Reviewer Comment (2026-06-26): Corrected Note and destroyed Note affidavit received, updating signatures with one as individual and trustee and co-trustee as just trustee, not requiring credit documents. Buyer Comment (2026-06-26): Corrected Affidavit uploaded. Buyer Comment (2026-06-25): Corrected Note. Buyer Comment (2026-06-25): Corrected Note/Correspondence uploaded. |
06/26/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2180092 | xxx | 36905113 | 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 (2026-05-19): Completed NOO certificate received Buyer Comment (2026-05-15): Non-Owner |
05/19/2026 | 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 | |||||||||||||||
| xxx | 2180092 | xxx | 36905115 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The credit application disclosed that borrower owns the primary residence, but the lease agreement verified that it is leased. Please provide an updated credit application with the correct housing status for the primary residence. | Reviewer Comment (2026-06-09): Corrected credit application with e-sign verification. Buyer Comment (2026-06-05): revised commercial app |
06/09/2026 | 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 | ||||||||||||||
| xxx | 2180082 | xxx | 36905119 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement. Closing agent signature is missing. | Reviewer Comment (2026-05-28): Received Final Closing Statement signed by all parties. Exception Cleared. Buyer Comment (2026-05-26): Please see HUD attached fully executed. Thank you. |
05/28/2026 | 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 | ||||||||||||||
| xxx | 2180082 | xxx | 36905120 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Non-Owner Occupancy Declaration not provided | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. | Originator,SitusAMC | Reviewer Comment (2026-07-01): Fully completed certificate of non-owner occupancy received in trailing documents. Reviewer Comment (2026-07-01): Lender was able to obtain document. Reviewer Comment (2026-06-30): Waived with compensating factors at clients request. |
07/01/2026 | 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 | ||||||||||||
| xxx | 2180080 | xxx | 36905123 | Credit | Guideline | Guideline Issue | Guideline | Ineligible borrower per guidelines. | Per guidelines, first time investors are permitted from living rent free. Per LOE in file, borrower resides rent free with a relative (not a spouse), and is a first time investor, as subject property is only investment property and purchased less than one year ago. | Reviewer Comment (2026-05-22): Experience verified. Buyer Comment (2026-05-20): Please see email & property profile attached. Borrower is an experienced Investor. Thank you. |
05/22/2026 | 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 | ||||||||||||||
| xxx | 2180080 | xxx | 36905124 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing evidence of payments on subject property. Property purchased [redacted] and our subject loan closed [redacted]. Please provide evidence of all payments made per guidelines. | Reviewer Comment (2026-05-22): Note and payoff. Buyer Comment (2026-05-20): See attached email from Team Lead. Thank you. Reviewer Comment (2026-05-20): File contains evidence evidence of [redacted] payment; however still pending evidence of [redacted] payment or prior Note confirming first payment was not due until [redacted]. |
05/22/2026 | 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 | ||||||||||||||
| xxx | 2180081 | xxx | 36905126 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Require Replacement Cost Estimator or Extended dwelling coverage amount in the file. | Reviewer Comment (2026-06-01): Received replacement cost estimator. Exception cleared. Buyer Comment (2026-05-28): RCE |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2180081 | xxx | 36905128 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Require current policy in the file. The provided hazard insurance, effective date is after the note date or disbursement date. | Reviewer Comment (2026-06-12): Prior policy provided. Buyer Comment (2026-06-10): D[redacted] effective [redacted] - [redacted] ; D[redacted] effective [redacted] - [redacted] Reviewer Comment (2026-06-05): Required to be effective date of closing which is [redacted]. Buyer Comment (2026-06-03): effective [redacted] |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2180081 | xxx | 36905129 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Account exceeds guideline requirements of $[redacted] and is required to be paid off prior to closing. The balance is $[redacted] with a charge off date of [redacted], which is seasoned less than [redacted] months. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. | Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] |
SitusAMC | Reviewer Comment (2026-06-22): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-18): exception |
06/22/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | CT | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2142351 | xxx | 36966724 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | Provide the final Closing Statement fully executed by the all parties or stamped true and certified. Copy provided is not signed by all parties. | Reviewer Comment (2026-03-11): Provided final closing statement. Exception cleared. Buyer Comment (2026-03-09): Final SS |
03/11/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2184553 | xxx | 36971229 | Compliance | Compliance | Federal Compliance | Federal HPML | Federal HPML [redacted] Non Compliant | Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is equal to or greater than the threshold of APOR [redacted]% + [redacted]%, or [redacted]%. Non-Compliant Higher Priced Mortgage Loan. | Reviewer Comment (2026-06-08): Received evidence of borrower's receipt. condition cleared. Reviewer Comment (2026-05-20): Received evidence of borrower's receipt of an appraisal on [redacted], however the preliminary appraisal is missing and the appraisal provided reflects a report date of [redacted]. Evidence of borrower's receipt of this report was not located in the file. HPML non compliant issue. Based on [redacted] overlays. Buyer Comment (2026-05-20): see attached |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2184553 | xxx | 36971230 | Compliance | Compliance | Federal Compliance | Federal HPML | (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) | TILA HPML Appraisal Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Reviewer Comment (2026-06-08): Received evidence of borrower's receipt. condition cleared. Reviewer Comment (2026-05-20): Received evidence of borrower's receipt of an appraisal on [redacted], however the preliminary appraisal is missing and the appraisal provided reflects a report date of [redacted]. Evidence of borrower's receipt of this report was not located in the file. HPML non compliant issue. Based on [redacted] overlays. Buyer Comment (2026-05-20): transferred appsl |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | WA | Primary | Refinance - Cash-out - Other | C | A | A | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2184551 | xxx | 36971238 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | File is missing the final CD from the refinance, tax/insurance/HOA verification. | Reviewer Comment (2026-06-19): Cleared. Received CD Buyer Comment (2026-06-17): see attached Buyer Comment (2026-06-17): see attached docs |
06/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||
| xxx | 2184551 | xxx | 36971239 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient. Coverage shortfall $[redacted] Provide updated Hazard Insurance Policy with Dwelling Coverage of at least $[redacted] or Replacement Cost Estimator. | Reviewer Comment (2026-06-25): Received clarification from insurance carrier. Buyer Comment (2026-06-23): see attached hoi |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| xxx | 2184551 | xxx | 36971240 | Credit | Income / Employment | Income Documentation | Missing Document | REO Documents are missing. | - | Reviewer Comment (2026-06-25): Received clarification. Condition cleared. Buyer Comment (2026-06-23): see attached Reviewer Comment (2026-06-19): Recieved insurance verification. The document provided for the tax verification is cut of on the page to confirm the property tax amount. Please provide a legible document. Reviewer Comment (2026-06-19): EXCEPTION HISTORY - Exception Explanation was updated on [redacted] PRIOR Exception Explanation: Insurance Verification, Tax Verification Buyer Comment (2026-06-17): see attached |
06/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | |||||||||||
| xxx | 2184551 | xxx | 36971241 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Corporate Resolution not provided | Reviewer Comment (2026-06-29): Received required documentation. Condition cleared. Buyer Comment (2026-06-25): see attached Reviewer Comment (2026-06-25): Reviewed all trailing docs, however the corporate resolution outlining the subject transaction details signed by all members as required by lender was not among the documents. Buyer Comment (2026-06-23): see attached |
06/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AR | Investment | Refinance - Rate/Term | C | A | C | A | A | A | A | A | Non QM | N/A | No | ||||||||||||
| xxx | 2184550 | xxx | 36971242 | Credit | Credit | Credit Documentation | Credit | No evidence of fraud report in file | - | Reviewer Comment (2026-06-22): Cleared. Received fraud report. Buyer Comment (2026-06-18): see attached |
06/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2184550 | xxx | 36971246 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Per lender guides, [redacted] months account statements are required. Only [redacted] month was provided for this account. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted] Borrower has worked in the same position for more than [redacted] years. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted] The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Borrower has been employed in the same industry for more than [redacted] years. Documentation Type: [redacted]mo Bank Statement Disposable Income: $[redacted] |
Aggregator,SitusAMC Aggregator,SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-22): Client elects to waive wtih compensating factors. Reviewer Comment (2026-06-22): Lender exception approval provided for missing [redacted] month assets [redacted] x[redacted] (new acct). Buyer Comment (2026-06-18): see attached |
06/22/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | |||||||
| xxx | 2184550 | xxx | 36971247 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR Risk | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. | Failure due to missing a third party verification for the borrower's business supporting the dates of operation and good standing. | Reviewer Comment (2026-07-08): CPA letter provided confirms [redacted] and [redacted] history of employment. Buyer Comment (2026-07-07): see attached |
07/08/2026 | 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 | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2184550 | xxx | 36971248 | 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. | Failure due to missing a third party verification for the borrower's business supporting the dates of operation and good standing. | Reviewer Comment (2026-07-08): CPA letter provided confirms [redacted] and [redacted] history of employment. Buyer Comment (2026-07-07): see attached |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2184550 | xxx | 36971249 | Credit | Income / Employment | Income Documentation | Income / Employment | Income Docs Missing: | - | Failure due to missing a third party verification for the borrower's business supporting the dates of operation and good standing. | Reviewer Comment (2026-07-08): CPA letter provided confirms [redacted] and [redacted] history of employment. Buyer Comment (2026-07-07): see attached from UW |
07/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Purchase | C | B | C | B | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2144111 | xxx | 37110812 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Lender exception approved at origination for judgements on fraud report and unable to document the judgements. Comp factors [redacted] DSCR, [redacted] FICO. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator Pre-Close,SitusAMC | Reviewer Comment (2025-09-17): Waived with compensating factors per lender exception approval at origination. |
09/17/2025 | No | 2 | B | B | B | B | B | B | B | B | B | B | MI | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | ||||||||||
| xxx | 2139094 | xxx | 37110815 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance Coverage Amount is insufficient by $[redacted] | Reviewer Comment (2026-02-19): HOI with sufficient coverage received. Buyer Comment (2026-02-19): HOI |
02/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2139094 | xxx | 37110816 | 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. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principle address. | Reviewer Comment (2026-02-04): Received Non-Owner Occupancy Declaration with Section [redacted]A is reflecting the principal residence address. Exception Cleared. Buyer Comment (2026-02-02): Non-Owner |
02/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2139094 | xxx | 37110817 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ | The HOI policy received, reflecting sufficient coverage, is dated [redacted], which is after disbursement date of [redacted]. Evidence of sufficient HOI at time of disbursement date required for review of this condition. | The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-02-25): Waived with compensating factors per lender exception approval. Buyer Comment (2026-02-23): exception |
02/25/2026 | No | 2 | B | B | B | B | B | TN | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||||||
| xxx | 2139090 | xxx | 37110820 | 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 (2026-02-06): Received Non-Owner Occupancy declaration. Exception cleared. Buyer Comment (2026-02-04): Non-Owner |
02/06/2026 | 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 | |||||||||||||||
| xxx | 2139090 | xxx | 37110821 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender exception in the file approving the Master Insurance coverage which does not include inflation guard. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-03-11): Waived with compensating factors per lender approval. |
03/11/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2139087 | xxx | 37110825 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | UW Discretion required for borrower living rent free other than spouse. | Reviewer Comment (2026-02-10): Received UW discretion for borrower living rent free. Exception cleared. Buyer Comment (2026-02-06): UW [redacted] with rent free comments |
02/10/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | FL | Investment | Refinance - Cash-out - Other | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182443 | xxx | 37110833 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Notary signature did not disclose the commission expiration date. | Reviewer Comment (2026-03-17): Received [redacted] search reflect Notary commission expiration date is not required. Exception Cleared. Buyer Comment (2026-03-13): [redacted] Buyer Comment (2026-03-13): [redacted] does not require the expiration date for the notary |
03/17/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182454 | xxx | 37110838 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Missing [redacted]-months verification of mortgage for Primary resident. | Reviewer Comment (2026-04-21): Rent Free LOX and proof of e-sign. Buyer Comment (2026-04-20): Uploaded eSign audit trail for the spouse signed rent free letter Reviewer Comment (2026-04-10): Provided LOX is not signed. Exception Remains. Buyer Comment (2026-04-08): Please see attached Reviewer Comment (2026-04-02): Per guideline Borrowers living rent free with a spouse are acceptable with rent-free letter from spouse and evidence of spouse's mortgage or current lease. Provide rent free letter from spouse to meet the requirement. Buyer Comment (2026-03-31): Please see attached Reviewer Comment (2026-03-31): Required rent free letter from spouse. Exception remains. Buyer Comment (2026-03-27): Borrower lives with [redacted] wife at [redacted] - we have the Mortgage statement in file to show it's in [redacted] wife's name only. Since it's spouse we are not subject to rent-free requirements and since the mortgage is not in borrower's name no VOM is required. |
04/21/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | KS | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182441 | xxx | 37110841 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Final HUD disclosed a disbursement date of [redacted]; the loan closed on [redacted]. Please provide an updated HUD reflecting the correct disbursement date. | Reviewer Comment (2026-03-19): Received corrected HUD. Exception cleared. Buyer Comment (2026-03-17): Please see correct __KEEP[redacted]__ attached. Thank you. |
03/19/2026 | 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 | ||||||||||||||
| xxx | 2182441 | xxx | 37110842 | 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 due to [redacted]% usability of funds in bank statement ending in [redacted]. The file is missing full access to funds from co-member of the business entity. | Reviewer Comment (2026-03-27): Received evidence of access to funds signed by co-member of the business entity. Exception cleared. Buyer Comment (2026-03-25): Please see attached. Reviewer Comment (2026-03-19): Provided access letter for business account #[redacted]. File is missing full access to funds from co-member of the business account #[redacted]. Exception remains Buyer Comment (2026-03-17): Please see access letter from partner & __KEEP[redacted]__ reflecting closing cost of $[redacted] Thank you. |
03/27/2026 | 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 | ||||||||||||||
| xxx | 2182457 | xxx | 37110854 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Borrower is living rent free. Underwriter Discretion is missing in file. | Reviewer Comment (2026-04-08): Received [redacted] UW Discretion. Exception Cleared. Buyer Comment (2026-04-04): [redacted]/Transmittal with UW Discretion for borrower living rent free. |
04/08/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | PA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182468 | xxx | 37110855 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Missing Document: Closing Protection Letter not provided | Closing Protection Letter missing in file. | Reviewer Comment (2026-04-10): Received Closing Protection Letter. Exception cleared. Buyer Comment (2026-04-08): Please see attached |
04/10/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2182468 | xxx | 37110858 | 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 ___. | Investor overlay requires [redacted] months' reserves, which are not present in the loan file. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | SitusAMC | Reviewer Comment (2026-04-07): Waived with compensating factors per lender direction. |
04/07/2026 | No | 2 | B | B | B | B | B | TX | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | ||||||||||||||||
| xxx | 2182397 | xxx | 37110866 | Credit | Credit | Credit Eligibility | Credit | There are red flags on the fraud report that have not been addressed | - | A full Fraud Report is missing from the file. | Reviewer Comment (2026-04-14): Received complete fraud report. Exception cleared. Buyer Comment (2026-04-10): Please see attached initial fraud guard. Buyer Comment (2026-04-10): Please see attached final ctc fraud guard. |
04/14/2026 | 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 | |||||||||||||
| xxx | 2182397 | xxx | 37110867 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | For the subject property, provide bank statements showing account ownership and timely payments debited by Mortgage Servicer; or canceled checks front and back as well as the most recent mortgage statement. | Reviewer Comment (2026-04-14): Received most recent mortgage summary with required details. Summary includes payment history from the date of origination till [redacted]. Exception cleared. Buyer Comment (2026-04-10): Please see attached mtg history. Thank you. |
04/14/2026 | 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 | ||||||||||||||
| xxx | 2182423 | xxx | 37110869 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Verification of Identification not provided | verification of Identification Missing in this loan file | Reviewer Comment (2026-04-24): Received passport for verification of identification. Exception cleared. Buyer Comment (2026-04-22): See attached |
04/24/2026 | 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 | ||||||||||||||
| xxx | 2182382 | xxx | 37110883 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | Business Purpose Certificate was not found in loan file. | Reviewer Comment (2026-05-06): Received Business Purpose Certificate. Exception cleared. Buyer Comment (2026-05-04): see attached |
05/06/2026 | 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 | ||||||||||||||
| xxx | 2182382 | xxx | 37110884 | Credit | Missing Document | General | Missing Document | Missing Document: Cash-Out Utilization not provided | Cash-Out Utilization was not found in loan file. | Reviewer Comment (2026-05-06): Received Cash-Out Utilization letter. Exception cleared. Buyer Comment (2026-05-04): cash out letter attached |
05/06/2026 | 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 | ||||||||||||||
| xxx | 2182413 | xxx | 37110886 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Additional assets are required to cover cash to close requirement of $[redacted] Total verified assets are $[redacted] | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of .[redacted] is greater than the minimum required DSCR of .[redacted]. | SitusAMC,Originator | Reviewer Comment (2026-06-24): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-20): Revised Exception Reviewer Comment (2026-06-19): No valid comp factors to waive with. The LTV and FICO are at maximum. DSCR is [redacted] points above the minimum but is not listed on L/E as a comp factor. Reviewer Comment (2026-06-19): Waived in error. Reviewer Comment (2026-06-19): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-17): Exception Reviewer Comment (2026-05-18): Received rebuttal to total assets needed; however, calculation by lender does not include the $[redacted] EMD reflected on page [redacted] of the closing statement in the total due from borrower. Lender calculated $[redacted] + $[redacted] EMD = $[redacted] Additional assets needed to meet closing fund requirements. Buyer Comment (2026-05-14): Please see attached Reviewer Comment (2026-05-08): Received [redacted]-month complete bank statement, however there is still funds are insufficient for closing. Require additional funds in the file. Exception Remains. Buyer Comment (2026-05-06): please find attached |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2182413 | xxx | 37110887 | Credit | Asset | Asset Documentation | Asset | Guideline Issue:Insufficient asset documentation. | - | Statements provided for account ending in [redacted] only cover [redacted] days. Per guidelines, one month complete statement is required. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of .[redacted] is greater than the minimum required DSCR of .[redacted]. | SitusAMC,Originator | Reviewer Comment (2026-06-24): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-23): Exception uploaded [redacted]-[redacted]. Please review. Reviewer Comment (2026-05-18): Received rebuttal to total assets needed; however, calculation by lender does not include the $[redacted] EMD reflected on page [redacted] of the closing statement in the total due from borrower. Lender calculated $[redacted] + $[redacted] EMD = $[redacted] Additional assets needed to meet closing fund requirements. Buyer Comment (2026-05-14): Please see attached Reviewer Comment (2026-05-08): Received [redacted]-month complete bank statement, however there is still funds are insufficient for closing. Require additional funds in the file. Exception Remains. Buyer Comment (2026-05-06): please find attached |
06/24/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2182407 | xxx | 37110891 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard insurance coverage insufficient $[redacted] | Reviewer Comment (2026-05-14): RCE received in trailing docs. Buyer Comment (2026-05-13): Please see attached replacement cost estimator - policy is insured [redacted]% replacement cost. Reviewer Comment (2026-05-12): After considering the Dwelling extension also, there is shortfall of $[redacted] Exception remains. Buyer Comment (2026-05-08): PFA Hazard insurance having extended coverage of $[redacted] |
05/14/2026 | 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 | ||||||||||||||
| xxx | 2182407 | xxx | 37110892 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | File is missing evidence of unexpired residency status. | Reviewer Comment (2026-05-14): Unexpired EAD received in trailing documents. Buyer Comment (2026-05-12): PFA |
05/14/2026 | 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 | ||||||||||||||
| xxx | 2182407 | xxx | 37110893 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Title commitment does not reflect current mortgage on subject property. | Reviewer Comment (2026-05-14): Complete title commitment received in trailing documents. Buyer Comment (2026-05-12): PFA |
05/14/2026 | 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 | ||||||||||||||
| xxx | 2182395 | xxx | 37110899 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement. Settlement agent did not sign. | Reviewer Comment (2026-05-11): Final __KEEP[redacted]__ provided. Exception cleared. Buyer Comment (2026-05-07): PFA Aa requested |
05/11/2026 | 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 | ||||||||||||||
| xxx | 2182406 | xxx | 37110903 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Spousal Consent Form not provided | [redacted] states borrower is married, however per guarantee agreement states not married. Clarification is needed. | Reviewer Comment (2026-06-09): Updated credit application received reflecting borrower is unmarried. |
06/09/2026 | 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 | ||||||||||||||
| xxx | 2182406 | xxx | 37110904 | Credit | Business Purpose | General | Business Purpose | Missing Document: Spousal Consent not provided. | - | [redacted] states borrower is married, however per guarantee agreement states not married. Clarification is needed. | Reviewer Comment (2026-06-09): Updated credit application received reflecting borrower is unmarried. Buyer Comment (2026-06-05): See [redacted] attached correcting Borrowers marital status. Thank you. |
06/09/2026 | 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 | |||||||||||||
| xxx | 2182401 | xxx | 37110910 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Note address is [redacted] but the flood certificate reflects [redacted]. Per USPS search, Note address is incorrect. Once Note is corrected, condition to be re-reviewed. | Reviewer Comment (2026-05-19): Corrected flood certificate received in trailing documents. Buyer Comment (2026-05-15): PFA Reviewer Comment (2026-05-14): The address on the Note is incorrect per the USPS search. Once this is corrected, the remaining conditions will be reviewed. Buyer Comment (2026-05-12): PFA Flood Cer with correct address. |
05/19/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182401 | xxx | 37110911 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Note address is [redacted] but the collateral desktop analysis reflects [redacted]. | Reviewer Comment (2026-05-22): Corrected CDA. Buyer Comment (2026-05-20): Updated CDA |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||
| xxx | 2182401 | xxx | 37110912 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | Per USPS lookup in file, street name is [redacted]; however, Note reflects [redacted]. To cure: provide corrected note, LOE and proof of delivery to borrower prior to new Note being executed, and destroyed Note affidavit for incorrect Note. | Reviewer Comment (2026-05-12): Received zip code search with [redacted]. Exception cleared. Buyer Comment (2026-05-08): PFA USPS |
05/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182401 | xxx | 37110913 | Credit | Loan Package Documentation | Closing / Title | Missing Document | Missing Document: Security Instrument - Subject Lien not provided | Per USPS lookup in file, street name is [redacted]; however, Security Instrument reflects [redacted]. To cure the following is required: Corrected Security Instrument, LOE and proof of delivery to borrower prior to corrections being made, along with notice of intent to record corrected instrument or [redacted] affidavit correcting street name, along with evidence of intent to record from the settlement agent. | Reviewer Comment (2026-05-12): Received zip code search with [redacted]. Exception cleared. Buyer Comment (2026-05-08): PFA USPS |
05/12/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182416 | xxx | 37110916 | Credit | Insurance | Insurance Documentation | Insurance | Insurance Policy Expiration Date is less than [redacted] days of the Note Date and does not have automatic renewal. | Blanket insurance expires day of closing. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-22): Waived with compensating factors per lender exception approval. Buyer Comment (2026-05-20): exception |
05/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | SC | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2182416 | xxx | 37110917 | Credit | Business Purpose | General | Business Purpose | Insurance Policy Expiration Date is less than [redacted] days from the Note Date and does not have automatic renewal. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-22): Waived with compensating factors per lender exception approval. Buyer Comment (2026-05-20): see attached exception |
05/22/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | SC | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| xxx | 2182390 | xxx | 37110923 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | UW discretion for borrower living rent free is required. | Reviewer Comment (2026-05-29): Per property history report for [redacted] and operating agreement of [redacted] LLC (Guarantor - [redacted]% ownership), guarantor has ownership in the property which proves, borrower is not a first-time investor. Provided [redacted] months mortgage statement for [redacted] and [redacted] form with underwriter discretion for borrower living rent-free. Exception cleared. Buyer Comment (2026-05-27): Please see [redacted] with underwriters discretion. Buyer Comment (2026-05-27): See mtg history/payments to [redacted] for the [redacted] property. Buyer Comment (2026-05-27): [redacted] PLEASE note: We provided an Operating agreement showing that borrower has [redacted]% ownership of [redacted] and [redacted] months history for property [redacted] [redacted] We have met the requirements for guidelines. Thank you. Reviewer Comment (2026-05-14): Borrower appears to be a first time investor, which does not permit living rent free with someone other than the spouse. Additional REO listed on credit application property report does not reflect owned by our guarantor or borrowing entity. Please provide evidence our guarantor has ownership interest in the entity that owns the additional REO on [redacted] for re-review of this condition. Buyer Comment (2026-05-12): Please see underwriters [redacted] with rent free discretion. Thank you. |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182390 | xxx | 37110924 | Credit | Credit | Credit Documentation | Credit | OFAC was not provided and is required. | Provide OFAC for the borrowing entity. | Reviewer Comment (2026-05-14): OFAC received Buyer Comment (2026-05-12): Clear OFAC Buyer Comment (2026-05-12): Please see clear OFAC attached. Thank you. |
05/14/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | IL | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182386 | xxx | 37110931 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide original appraisal invoice reflecting the full amount of the appraisal. ($[redacted]). | Reviewer Comment (2026-05-25): Appraisal invoice provided. Exception cleared. Buyer Comment (2026-05-21): Invoice uploaded. Reviewer Comment (2026-05-18): Document provided is the receipt. Please provide the invoice showing the amount due from borrower as reflected above. Buyer Comment (2026-05-14): appraisal invoice |
05/25/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182386 | xxx | 37110932 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | Missing evidence of ownership percentage of the business. At least [redacted]% ownership is required. | Reviewer Comment (2026-05-25): Operating agreement provided. Exception cleared. Buyer Comment (2026-05-21): Please see upload. |
05/25/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182432 | xxx | 37110933 | 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 (2026-06-12): Final title. |
06/12/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182432 | xxx | 37110934 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | The preliminary title 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 (2026-06-12): Final title. Buyer Comment (2026-06-10): Final Title |
06/12/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182432 | xxx | 37110936 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-09): Property reprot. Buyer Comment (2026-06-05): Paid Taxes Buyer Comment (2026-06-05): PP |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182432 | xxx | 37110937 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | Final HUD/CS required. Copies provided are estimates. | Reviewer Comment (2026-06-09): Final SS. Buyer Comment (2026-06-05): Final SS |
06/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | CA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182383 | xxx | 37110939 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide either a [redacted] month pay history or rent free letter from borrower [redacted]. Required for [redacted] XXX property. Additional conditions may apply. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-12): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-10): Please see exception attached. Thank you. Reviewer Comment (2026-05-28): Require Rent Free Letter or [redacted] months pay history for Borrower [redacted] of property [redacted] Property. Exception Remains. Buyer Comment (2026-05-27): Also, please note [redacted] & [redacted] are one & the same. Please see credit report tradeline with [redacted] reflecting a [redacted]mth history. Thanks so much. Buyer Comment (2026-05-26): [redacted], PLEASE note per [redacted] guideline ONLY the subject & primary require mtg histories to be verified. The mtg statement infile for [redacted]. should have not been in there. Thank you. |
06/12/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | NY | Investment | Purchase | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2182394 | xxx | 37110943 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title reports [redacted] utility liens and none of them were paid at closing. Provide evidence the [redacted] liens are paid and released. | Reviewer Comment (2026-05-22): Lian satisfactions provided. Buyer Comment (2026-05-20): termination Buyer Comment (2026-05-20): [redacted] county code Buyer Comment (2026-05-20): updated title |
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 | ||||||||||||||
| xxx | 2182387 | xxx | 37110948 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Flood insurance coverage amount is insufficient. | Flood Insurance Coverage Amount is insufficient. | Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted] The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-07-01): Waived with compensating factors per lender direction. Buyer Comment (2026-06-29): Please waive as we are aware the increase of coverage is after the Note date. Thank you. Reviewer Comment (2026-06-26): Endorsement received reflect it is effective [redacted], which is post-consummation date of [redacted]. Evidence of sufficient flood coverage at time of consummation will be required. Buyer Comment (2026-06-24): Please see attached. |
07/01/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||
| xxx | 2182415 | xxx | 37110955 | Credit | Legal / Regulatory / Compliance | Title / Lien Defect | Title | Title Policy is Preliminary or Commitment, and not a Final Title Policy. | Reviewer Comment (2026-05-29): Received final title policy. Exception cleared. |
05/29/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | GA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | |||||||||||||||
| xxx | 2182415 | xxx | 37110956 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Provide a [redacted] month pay history for the [redacted] lien reporting on title along with evidence is paid and released. [redacted] - $[redacted] | Reviewer Comment (2026-06-01): Verification account is paid and satisfied provided. Buyer Comment (2026-06-01): Heloc closed paid Reviewer Comment (2026-05-29): Received final title policy with no prior liens pending. Require recent [redacted] months' pay history for the [redacted] lien. Exception remains. Buyer Comment (2026-05-27): Final title Reviewer Comment (2026-05-21): The lender on the credit report does not match lender on the title commitment. Evidence this lien has been paid and will not appear on final title is required, as the loan on credit indicates it was closed [redacted]; however, the lien is still reflecting on title commitment provided and it was not paid through closing. Buyer Comment (2026-05-19): Pay history [redacted] #[redacted] is reported on the credit report [redacted] pg [redacted]. |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182419 | xxx | 37110959 | Credit | Credit | Credit Documentation | Credit | Missing Document: OFAC not provided | Missing OFAC for business entity. | Reviewer Comment (2026-06-04): OFAC Buyer Comment (2026-06-02): OFAC |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182419 | xxx | 37110960 | 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. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. The copy provided with the primary address is missing the signature page. | Reviewer Comment (2026-06-08): NOO Cert. Buyer Comment (2026-06-04): Signature page Reviewer Comment (2026-06-04): Signature page not provided. Buyer Comment (2026-06-02): Non-Owner |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182385 | xxx | 37110964 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | File is missing [redacted]-month housing history for primary residence. Mortgage statement in file is not under borrower's name. If living rent-free, file is missing letter of explanation, rate lock with LLPA adjustments, and underwriter discretion documentation. | Reviewer Comment (2026-06-08): Borrower has [redacted] month housing history for other properties owned. Buyer Comment (2026-06-04): Bwr meets housing history per guidelines, Documented [redacted]-month payment history on other real estate owned, plus proof of ownership. (not eligible for First time investor) Buyer Comment (2026-06-04): Bwr owns current residence per Property profile |
06/08/2026 | 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 | ||||||||||||||
| xxx | 2182381 | xxx | 37110968 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Judgements are required to be paid off. | Reviewer Comment (2026-06-08): Satisfaction provided. Buyer Comment (2026-06-04): Bill of review |
06/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | TX | Investment | Refinance - Rate/Term | B | A | B | A | A | A | N/A | No | |||||||||||||
| xxx | 2182380 | xxx | 37110970 | 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 (2026-06-08): NOO Cert. Buyer Comment (2026-06-04): Corrected NOO Cert |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2182380 | xxx | 37110971 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | For the primary residence, provide either a [redacted] month pay history or a property report verifying it is owned free and clear with taxes paid current. | Reviewer Comment (2026-06-24): Pay history provided in file . Exception Cleared. Buyer Comment (2026-06-21): VOM Response Document Reviewer Comment (2026-06-12): A [redacted] mo pay history is required. Buyer Comment (2026-06-10): Primary residence: [redacted]-[redacted] - Owned for [redacted] years. Copy of mortgage note in file - loan opened [redacted]; loan amount $[redacted] monthly payments $[redacted] Loan #[redacted]. Loan modification [redacted]; Mortgage payment history in file |
06/24/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182380 | xxx | 37110972 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide an invoice for the transferred appraisal. Transferred from [redacted]. | Reviewer Comment (2026-06-12): Invocice Buyer Comment (2026-06-10): Appraisal Invoice |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182380 | xxx | 37110973 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender on CDA does not match lender on the Note. | Reviewer Comment (2026-06-12): Updated CDA provided. Buyer Comment (2026-06-10): CDA with Corrected Lender Name |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182405 | xxx | 37110974 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The preliminary title report in file disclosed $[redacted] of title insurance coverage; however, this is less than the loan amount of $[redacted] Provide a copy of the final title policy or a supplemental title report verifying title insurance of at least the loan amount. | Reviewer Comment (2026-06-08): Title commitment. Buyer Comment (2026-06-04): Title |
06/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | VA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182405 | xxx | 37110976 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement. Closing agent signature is missing. | Reviewer Comment (2026-06-08): Closing statement. Buyer Comment (2026-06-04): SS |
06/08/2026 | 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 | ||||||||||||||
| xxx | 2182405 | xxx | 37110977 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide a pay history from Select Portfolio account for the primary residence. Credit report verifies a pay history through [redacted]. Mortgage statements verify payments from [redacted]-[redacted]. | Reviewer Comment (2026-06-08): VOM and mortgage statements. Buyer Comment (2026-06-04): payment history Buyer Comment (2026-06-04): we do not have evidence of [redacted] payment. program permits [redacted]x[redacted] with no reduction. The Borrower refinanced loan in [redacted] and first payment due date was [redacted]. see attached VOM from [redacted] - [redacted]. mtg statement reporting payment [redacted]. |
06/08/2026 | 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 | ||||||||||||||
| xxx | 2182421 | xxx | 37110979 | Credit | Asset | Asset Documentation | Guideline | The Earnest Money Deposit is unsourced. Please provide source documentation for the Earnest Money Deposit. | - | Reviewer Comment (2026-06-08): Lender note states to exclude the EMD deposit. Sufficient funds verified. Buyer Comment (2026-06-04): Earnest money was not sourced. Borrower has sufficient funds in their account to cover the [redacted]. |
06/08/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | GA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182421 | xxx | 37110980 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | A lien on title from the seller in the amount for $[redacted] and does not appear to have been paid at closing. | Reviewer Comment (2026-06-12): Final title. Buyer Comment (2026-06-10): final title |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182461 | xxx | 37110985 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement - Real Estate Owned (REO) not provided | Provide the lease for the primary residence to support the borrower living rent free. | Reviewer Comment (2026-05-22): Lease provided. Buyer Comment (2026-05-20): PFA lease Agreement |
05/22/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NJ | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182440 | xxx | 37110986 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy Effective Date is after closing. | Hazard insurance effective date [redacted] does not provide coverage to subject property that funded [redacted]. | Reviewer Comment (2026-05-27): Received updated Hazard insurance policy. Exception cleared. Buyer Comment (2026-05-22): Please see attached corrected start date on policy to [redacted]. Thank you. |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2182440 | xxx | 37110987 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is a first time investor living rent free. First time investor living rent free is ineligible. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-05-27): Waived with compensating factors per lender exception approval. Buyer Comment (2026-05-22): Please see attached exception. Thank you. |
05/27/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | GA | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2182440 | xxx | 37110988 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Living rent free with non spouse requires a LLPA . Provide verification that the rate was locked with LLPA along with UW discretion. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
Originator,SitusAMC Originator,SitusAMC |
Reviewer Comment (2026-06-11): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-09): D[redacted] - Please see this document ID already provided. Thank you. Buyer Comment (2026-06-09): Please see attached exception for no LLP adj. Thank you. Reviewer Comment (2026-05-27): Missing evidence of the LLPA. Buyer Comment (2026-05-22): Please see attached underwriters [redacted] with rent free commentary. |
06/11/2026 | No | 2 | C | B | C | B | C | B | C | B | D | B | GA | Investment | Purchase | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2182499 | xxx | 37110998 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Unit on the Note is S[redacted]; however, the appraisal shows [redacted] only. | Reviewer Comment (2026-06-12): Corrected [redacted] Buyer Comment (2026-06-10): Revised Appraisal w/Correct unit# |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | |||||||||||||
| xxx | 2182499 | xxx | 37110999 | Credit | System | General | System | Flood Certificate Subject Address does not match Note address. | Unit on the Note is S[redacted]; however, the flood certificate shows [redacted]. | Reviewer Comment (2026-06-12): Corrected flood cert. Buyer Comment (2026-06-11): Revised Flood Cert (Unit#) |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | SC | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182488 | xxx | 37111001 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Final Closing statement was not found in file. | Reviewer Comment (2026-05-29): Received Final Closing Statement. Exception Cleared. Buyer Comment (2026-05-27): Final SS |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | OR | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||||||
| xxx | 2182488 | xxx | 37111002 | 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 ___. | Lender exception in file approving the LTV at [redacted]%. Maximum LTV allowed when using short-term rent is [redacted]%. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-05-21): Waived with compensating factors per lender exception approval at origination. |
05/21/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | OR | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2182488 | xxx | 37111003 | Credit | System | General | Appraisal Reconciliation | Valuation address does not match Note address. | - | Address on [redacted] reflects a unit number which is not listed on the Note address. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Waived at client request. Reviewer Comment (2026-06-10): Need to update the information. Reviewer Comment (2026-06-10): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-08): exception |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | OR | Investment | Purchase | C | B | C | B | A | A | N/A | No | ||||||||||
| xxx | 2182451 | xxx | 37111006 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Provide a complete zip code lookup. Copy provided is incomplete. | Reviewer Comment (2026-05-27): Received Zip Code Lookup. Exception Cleared. Buyer Comment (2026-05-22): Please see attached USPS look-up by zip code. Thank you. |
05/27/2026 | 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 | ||||||||||||||
| xxx | 2182447 | xxx | 37111008 | Credit | Credit | Credit Documentation | Guideline | Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided | Please provide a payment history for the month of August, [redacted]. | Reviewer Comment (2026-06-01): Payment history for the month of [redacted] received and verified the details. Exception Cleared. Buyer Comment (2026-05-28): [redacted] rent |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182503 | xxx | 37111011 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing complete [redacted] month housing history for primary residence. Provide verification of the [redacted] payment. | Reviewer Comment (2026-06-03): Client elected to except the primary loan being [redacted]x[redacted] which is permitted per guidelines.. Reviewer Comment (2026-06-01): Per the matrix, a [redacted]×[redacted] program is permitted with no reduction, the maximum allowable Loan-to-Value (LTV) ratio is capped at [redacted]%. Exception Remains. Buyer Comment (2026-05-28): program permits [redacted]x[redacted] with no reduction; we do not have [redacted] [redacted] payment. |
06/03/2026 | 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 | ||||||||||||||
| xxx | 2182456 | xxx | 37111013 | 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 (2026-05-29): Received certificate of non-owner occupancy with primary address. Exception Cleared. Buyer Comment (2026-05-27): Non-Owner |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | AZ | Investment | Purchase | D | A | D | A | A | A | N/A | No | |||||||||||||||
| xxx | 2182456 | xxx | 37111014 | Credit | Loan Package Documentation | Application / Processing | Missing Document | Missing Document: Other not provided | Provide a property report to confirm the primary is owned free and clear with all taxes paid current. Tax document in file reflects a balance for the [redacted] taxes. | Reviewer Comment (2026-06-03): Property report and evidence [redacted] taxes were paid. Buyer Comment (2026-06-01): [redacted] taxes paid Reviewer Comment (2026-05-29): Tax document in file reflects a balance for the [redacted] taxes. Provide proof that property taxes have been paid and are current for the most recent tax year. Exception Remains. Buyer Comment (2026-05-27): Property profile |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | D | A | AZ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182456 | xxx | 37111015 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | Provide a final HUD/Closing Statement that is signed by the borrower or stamped true and certified. Copy provided in file is an estimate. | Reviewer Comment (2026-05-29): Received Final Closing Statement. Exception Cleared. Buyer Comment (2026-05-28): Final SS |
05/29/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | AZ | Investment | Purchase | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182431 | xxx | 37111023 | Credit | Missing Document | General | Missing Document | Missing Document: Evidence of Access to Funds not provided | File is missing evidence of access to funds in the business account. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Debt Service Coverage Ratio: [redacted] Guideline Requirement: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-08): PFA Exception Reviewer Comment (2026-06-04): Articles of Organization provides proof [redacted] is an owner of the entity but it does not confirm the percentage of ownership which is required. Buyer Comment (2026-06-02): Please review D[redacted] the explanation is already provided Reviewer Comment (2026-06-01): Articles of Organization does not confirm ownership nor percentage of ownership. Listed Agent is not the borrower. Buyer Comment (2026-05-29): PFA requested documents |
06/10/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | CO | Investment | Refinance - Rate/Term | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2182498 | xxx | 37111026 | Credit | Loan Package Documentation | Closing / Title | Loan Package Documentation | Title search shows negative impact on title. | Title reflects multiple judgments. Provide verification these have all been satisfied and will not impact final title. | Reviewer Comment (2026-06-03): Final title. Buyer Comment (2026-06-01): Final title |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | PA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182425 | xxx | 37111030 | Credit | Credit | Credit Eligibility | Guideline | Public Record Issue: | - | Tax liens are required to be paid off. | Reviewer Comment (2026-06-02): Paid through closing. Buyer Comment (2026-05-29): D[redacted] reports the tax lien was paid off. Buyer Comment (2026-05-29): payoff |
06/02/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | NJ | Investment | Purchase | B | A | B | A | A | A | N/A | No | |||||||||||||
| xxx | 2182479 | xxx | 37111031 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement signed by all parties. | Reviewer Comment (2026-05-28): Received final closing statement. Exception cleared. Buyer Comment (2026-05-26): Final SS |
05/28/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | LA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182484 | xxx | 37111039 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living rent free with someone other than a spouse. This does not meet guidelines. File is missing underwriter discretion documentation. | Reviewer Comment (2026-05-29): Received [redacted] with UW discretion. Exception Cleared Buyer Comment (2026-05-27): PFA as requested |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182449 | xxx | 37111040 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | Reviewer Comment (2026-05-29): Received Final Closing Statement. Exception Cleared Buyer Comment (2026-05-27): PFA as requested |
05/29/2026 | 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 | |||||||||||||||
| xxx | 2182438 | xxx | 37111048 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Certificate of Good Standing not provided | Certificate of Good Standing was not found in the file. Please provide Certificate of Good Standing dated no more than [redacted] days prior to the Note date. | Reviewer Comment (2026-06-01): Business entity was formed within the last [redacted] months. Exception Cleared. Buyer Comment (2026-05-28): per guidelines, Not required if the LLC was formed within the last [redacted] months |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182438 | xxx | 37111049 | Credit | Insurance | Insurance Analysis | Insurance | Insufficient Coverage: Hazard insurance coverage amount is insufficient. | Hazard Insurance coverage is insufficient by $[redacted] Please provide verification of policy with sufficient coverage or provide copy of insurer's replacement cost estimate supporting current coverage amount. | Reviewer Comment (2026-06-03): Updated HOI. Buyer Comment (2026-06-01): HOI Reviewer Comment (2026-06-01): Received the Replacement Cost Estimator; however, the policy continues to reflect a minimal coverage shortfall of $[redacted] Exception remains. Buyer Comment (2026-05-28): RCE |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182462 | xxx | 37111056 | Credit | Missing Document | General | Missing Document | Missing Document: Lease Agreement - Real Estate Owned (REO) not provided | For the primary residence, provide most recent lease & [redacted] months canceled checks front and back or bank statements showing account ownership and payments debited by management company. | Reviewer Comment (2026-06-12): Lease and pay ledger. Buyer Comment (2026-06-10): management company payment ledger Reviewer Comment (2026-06-05): Lease/contract provided. Provide a [redacted] month rental pay history. Buyer Comment (2026-06-03): lease agreement Reviewer Comment (2026-06-01): Lease in file is for subject property. No pay ledger found for the primary rents.. Buyer Comment (2026-05-29): Per guidelines, payment ledger and lease agreement is provided. Buyer Comment (2026-05-29): lease agreement |
06/12/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | UT | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182489 | xxx | 37111058 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | File is missing verification of [redacted] through [redacted] [redacted] mortgage payments for both liens for primary residence. | Reviewer Comment (2026-06-01): Received Bank statement for housing payment history. Exception Cleared. Buyer Comment (2026-05-28): Housing history payments |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182475 | xxx | 37111062 | Credit | Missing Document | General | Missing Document | Incomplete Document: [redacted] Final is incomplete | Borrower did not signed the Credit Application of [redacted]. | Reviewer Comment (2026-06-05): Signed credit application received. Buyer Comment (2026-06-05): Final Signed App |
06/05/2026 | 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 | ||||||||||||||
| xxx | 2182477 | xxx | 37111064 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The lender exception has been requested and approved for the late payments of other mortgage [redacted]x[redacted]x[redacted] vs guideline maximum [redacted]x[redacted]x[redacted] with the compensating factors of FICO [redacted] points over the minimum score in the tier, LTV-[redacted]% < Matrix Tier([redacted]% Max/[redacted]% Preferred), >[redacted]yrs Investor Experience. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
Reserves: [redacted] Guideline Requirement: [redacted] Loan to Value: [redacted]% Guideline Maximum Loan to Value: [redacted]% Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-26): Waived with compensating factors per lender exception approval at origination. |
05/26/2026 | No | 2 | B | B | B | B | B | B | B | B | B | B | HI | Investment | Refinance - Cash-out - Other | B | B | B | B | A | A | N/A | No | |||||||||||
| xxx | 2182445 | xxx | 37111067 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Trust Agreement not provided | The file was missing a copy of the Trust Agreement. | Reviewer Comment (2026-06-01): Trust. Buyer Comment (2026-05-29): trust cert |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182445 | xxx | 37111068 | 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. | Appraisal states owner occupied. | Reviewer Comment (2026-06-01): Updated [redacted]. Buyer Comment (2026-05-29): revised appraisal |
06/01/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CO | Investment | Refinance - Rate/Term | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182444 | xxx | 37111073 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | [redacted] full appraisals were provided and the lower value was used. However, the higher value reflected a declining market, while the appraisal that was used to qualify did not. Please provided confirmation if market is still declining and if reduction in LTV must apply. | Reviewer Comment (2026-05-29): The original appraisal reflects the property being in a declining market but the more recent appraisal that was also used for the LTV does not reflect the property being in a declining market. LTV was not reduced due to this. |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Investment | Purchase | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182455 | xxx | 37111075 | Credit | Title | General | Title | Title Policy Coverage is less than Original Loan Amount. | The Title Policy Amount of $[redacted] is less than the note amount of $[redacted] based on the Commitment in file. | Reviewer Comment (2026-06-09): Updated commitment. Buyer Comment (2026-06-05): Please see attached title w/correct loan amount. Thank you. |
06/09/2026 | 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 | ||||||||||||||
| xxx | 2182455 | xxx | 37111076 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Rent-free letter was in the file; however, UW Discretion is required for borrower living rent-free with someone other than spouse. | Reviewer Comment (2026-06-09): [redacted] comments. Buyer Comment (2026-06-05): See attached [redacted]. Buyer Comment (2026-06-05): Please see attached [redacted]. Thank you Buyer Comment (2026-06-05): Please see [redacted] attached. Thank you. |
06/09/2026 | 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 | ||||||||||||||
| xxx | 2182427 | xxx | 37111086 | Property | Property - Appraisal | Appraisal Documentation | Property - Appraisal | Missing Document: Appraisal was made "subject to" and Form [redacted]D/[redacted] was not provided. | - | [redacted] - Certificate of Completion is missing in file. | Reviewer Comment (2026-06-15): Updated appraisal showing proeprty is as-is. Buyer Comment (2026-06-11): AS IS Appraisal |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||
| xxx | 2182427 | xxx | 37111087 | Credit | Missing Document | General | Missing Document | Missing Document: Condo Approval not provided | Reviewer Comment (2026-06-15): Condo approval. Buyer Comment (2026-06-11): Condo Approval Form |
06/15/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Purchase | C | A | C | A | C | A | N/A | No | |||||||||||||||
| xxx | 2182490 | xxx | 37111090 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation does not support the value used to qualify. Sec ID: [redacted] | Reviewer Comment (2026-06-09): Field review. Reviewer Comment (2026-06-01): Effective dates between the appraisal and field review do not match. The effective date from Field review is [redacted] and the effective date of the appraisal is [redacted]. Buyer Comment (2026-05-29): D[redacted] [redacted]. D[redacted] CDA, D[redacted] Field review. __KEEP[redacted]__-Lender accepts. Please waive with available compensating factors. |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | NY | Investment | Refinance - Cash-out - Other | C | A | A | A | C | A | N/A | No | |||||||||||||||
| xxx | 2182490 | xxx | 37111091 | Property | Appraisal Reconciliation | Value Discrepancy | Appraisal Reconciliation | Loan is to be securitized. Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value. Sec ID: [redacted] | Note Date: ___; Lien Position: ___ | Reviewer Comment (2026-06-12): Waived at client request. Buyer Comment (2026-06-10): __KEEP[redacted]__- Lender accepts. Please waive with available compensating factors. Reviewer Comment (2026-06-09): This is a XXX [redacted] exception that can be waived. Unable to be cleared. |
06/12/2026 | No | 1 | A | A | A | A | A | NY | Investment | Refinance - Cash-out - Other | C | A | A | A | C | A | N/A | No | |||||||||||||||||||
| xxx | 2182490 | xxx | 37111092 | Property | Valuation | Valuation Issue | Valuation | The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal | Reviewer Comment (2026-06-09): Filed Review. Buyer Comment (2026-06-05): updated field review Reviewer Comment (2026-06-01): Effective dates between the appraisal and field review do not match. The effective date from Field review is [redacted] and the effective date of the appraisal is [redacted]. |
06/09/2026 | No | 1 | A | A | A | A | A | NY | Investment | Refinance - Cash-out - Other | C | A | A | A | C | A | N/A | No | ||||||||||||||||||||
| xxx | 2182459 | xxx | 37111094 | Credit | Missing Document | General | Missing Document | Missing Document: Verification of Non-US Citizen Status not provided | Reviewer Comment (2026-06-01): Received Permanent Resident Card in the file. Exception Cleared. Buyer Comment (2026-05-28): green card |
06/01/2026 | 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 | |||||||||||||||
| xxx | 2182497 | xxx | 37111096 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing final signed and dated __KEEP[redacted]__/Settlement Statement. | Reviewer Comment (2026-06-02): Final closing statement received Buyer Comment (2026-05-29): Please see attached HUD with signature by the certified stamp. Thank you. Buyer Comment (2026-05-29): Please see attached final HUD. Thank you. |
06/02/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | GA | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182442 | xxx | 37111100 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | The provided copy of the final closing statement is not signed by all parties. A fully executed or stamped true and certified copy is required. | Reviewer Comment (2026-06-09): Final SS. Buyer Comment (2026-06-05): Please see __KEEP[redacted]__ attached. Thank you. |
06/09/2026 | 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 | ||||||||||||||
| xxx | 2182478 | xxx | 37111102 | Credit | Missing Document | General | Missing Document | Missing Document: HUD/CD not provided | File is missing legible final signed and dated __KEEP[redacted]__/Settlement Statement. | Reviewer Comment (2026-06-03): Final SS Buyer Comment (2026-06-01): Final SS |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182478 | xxx | 37111103 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Borrower is currently living with someone that is not a spouse. This does not meet guidelines. File is missing underwriter discretion documentation. | Reviewer Comment (2026-06-03): [redacted] coments. Buyer Comment (2026-06-01): [redacted] |
06/03/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TN | Investment | Refinance - Cash-out - Other | C | A | C | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182486 | xxx | 37111107 | Credit | Guideline | Guideline Issue | Guideline | Verification of housing pay history is required. | Provide evidence of the [redacted] payment for the primary residence. | Reviewer Comment (2026-06-04): Pay history. Buyer Comment (2026-06-02): [redacted] payment |
06/04/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182486 | xxx | 37111108 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | HUD/CS statement is not signed by title agent. | Reviewer Comment (2026-06-04): Final SS Buyer Comment (2026-06-02): Final SS |
06/04/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MT | Investment | Refinance - Rate/Term | D | A | D | A | A | A | N/A | No | ||||||||||||||
| xxx | 2182487 | xxx | 37111109 | 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. | Occupancy certificate does not reflect borrower's primary address. | Reviewer Comment (2026-06-09): NOO Cert. Buyer Comment (2026-06-05): Please see attached Non-Owner Cert |
06/09/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | MT | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2182487 | xxx | 37111111 | Credit | Guideline | Guideline Issue | Guideline | Rural property type is not permitted per Guidelines. | The appraisal disclosed that subject property is in a rural area, which is not allowed per guidelines. | The qualifying DSCR on the loan is greater than the guideline minimum. | The DSCR of [redacted] is greater than the minimum required DSCR of [redacted]. | SitusAMC,Originator | Reviewer Comment (2026-06-09): Waived with compensating factors per lender exception approval. Buyer Comment (2026-06-05): Please see exception attached. Thank you. |
06/09/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | MT | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2182487 | xxx | 37111112 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete HUD-1 | Missing Final __KEEP[redacted]__ | Please provide the final Closing Statement fully executed by all parties or stamped true and certified. The copy in the file was not signed by all parties. | Reviewer Comment (2026-06-09): Final SS. Buyer Comment (2026-06-05): Please see attached Final SS |
06/09/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | MT | Investment | Refinance - Cash-out - Other | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2182465 | xxx | 37111123 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Exception is requested for VOM from private party in same city as Borrower's OO. Cash payments feasible based on location of Lender to Borrower. Loan originated in [redacted]. Only [redacted] mos reviewable history and file to support. File does not have cancelled checks or bank statements to source mortgage payments. [redacted] [redacted]% I/O to [redacted]% Full Am, comp factors LTV-[redacted]%<Matrix Tier, >[redacted] Yrs Investor Experience. | The representative FICO score exceeds the guideline minimum by at least [redacted] points. | Guidelines Representative FICO: [redacted] Representative FICO: [redacted] |
SitusAMC | Reviewer Comment (2026-06-08): Waived with compensating factors per lender exception approval at origination. Buyer Comment (2026-06-04): exception |
06/08/2026 | No | 2 | C | B | C | B | C | B | C | B | C | B | FL | Investment | Refinance - Cash-out - Other | C | B | C | B | A | A | N/A | No | |||||||||||
| xxx | 2182465 | xxx | 37111124 | 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. | Certificate of Non-Owner Occupied disclosure does not show the borrower's principal address. | Reviewer Comment (2026-06-08): NOO Cert. Buyer Comment (2026-06-04): non-Owner |
06/08/2026 | 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 | ||||||||||||||
| xxx | 2179943 | xxx | 37111626 | 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 Reinspection Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Sufficient cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-05): Sufficient Cure Provided At Closing |
05/05/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2179951 | xxx | 37111629 | Credit | Hazard Insurance | Insufficient Coverage | Hazard Insurance | The Hazard Insurance Policy effective date is after the funds disbursed. | Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___ | Reviewer Comment (2026-05-20): Provided Closing disclosure's disbursement date is same as hazard insurance policy's affective date. Exception Cleared Buyer Comment (2026-05-19): PCCD PKG, including delivery confirmation Reviewer Comment (2026-05-18): Unable to accept an internal tracking, a PCCD is required to be provided to borrower and Lender for review Buyer Comment (2026-05-14): Actual disbursement date was [redacted]. Providing [redacted] screen shot of Funding Overview that includes the Reference#/[redacted]#. |
05/20/2026 | 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 | |||||||||||
| xxx | 2179948 | xxx | 37111634 | Compliance | Compliance | Federal Compliance | Missing Non-Required Data | (Missing Data) Last Rate Set Date | Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. | Reviewer Comment (2026-05-21): Received Buyer Comment (2026-05-18): see the only rate lock generated for this loan |
05/21/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | B | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2179948 | xxx | 37111637 | Compliance | Compliance | Federal Compliance | RESPA | RESPA Disclosure - List of Homeownership Counseling Organizations Missing | RESPA Disclosure Rule (Dodd-Frank [redacted]): Creditor did not provide List of Homeownership Counseling Organizations to borrower. | Reviewer Comment (2026-05-21): Received Buyer Comment (2026-05-19): [redacted] list |
05/21/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | B | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2179948 | xxx | 37111639 | 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 [redacted] business days prior to closing. | Earliest dated Closing Disclosure in file is dated for closing, [redacted]. The initial Closing Disclosure dated and received at least [redacted] business days prior to closing is required. | Reviewer Comment (2026-05-20): [redacted] received initial CD. Buyer Comment (2026-05-19): initial CD |
05/20/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | CA | Primary | Refinance - Cash-out - Other | No Defined Cure | C | A | B | A | C | A | A | A | Non QM | Non QM | No | |||||||||
| xxx | 2179948 | xxx | 37111642 | Credit | Title | Document Error | Title | The Commitment or Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided. | Title coverage is less than the loan amount. Provide a current copy of the preliminary, commitment, or final title. | Reviewer Comment (2026-05-21): Received supplemental Buyer Comment (2026-05-21): insured amount suppl |
05/21/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | CA | Primary | Refinance - Cash-out - Other | C | A | B | A | C | A | A | A | Non QM | Non QM | No | |||||||||||
| xxx | 2179955 | xxx | 37111645 | Credit | Asset | Asset Calculation / Analysis | Asset | Available for Closing is insufficient to cover Cash From Borrower. | Documented qualifying Assets for Closing of ___ is less than Cash From Borrower ___. | Subject transaction does not meet the required cash to close due to the exclusion of all but [redacted] assets. Business assets are all held by the entity used for income, and the CPA letter does not have a negative impact statement as required to use the funds for closing. Provided excluded assets are all held by foreign banks with a [redacted] presence; however, currency converters provided are for bank statements dated several months prior to closing instead of the most recent bank statements in file. Updated currency converters are required for the most recent statements in file. | Borrower has been employed in the same industry for more than [redacted] years. Borrower has verified disposable income of at least $[redacted] Borrower has worked in the same position for more than [redacted] years. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum. |
SitusAMC SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-06-15): Lender requests to waive with compensating factors to an __KEEP[redacted]__/grade B Reviewer Comment (2026-06-08): For Account no [redacted], [redacted], [redacted], [redacted], [redacted], [redacted], [redacted] currency convertor of dated [redacted] is required. For Account no [redacted], [redacted] currency convertor of dated [redacted] is required. For Account no [redacted] recent [redacted] months bank Statement required prior to the note date [redacted]. Exception Remains. Buyer Comment (2026-06-04): Negative impact letter has been requested, please clarify if the conversion docs are acceptable, if not, advise what date is needed for each bank account (provide the corresponding bank statement name, please) Buyer Comment (2026-06-04): Attached snips of bank statements and corresponding conversions at the time of UW.. Buyer Comment (2026-06-04): Conversions used appear to be current. Please advise if the conversion printouts are acceptable Regarding the assets used, $[redacted] are in USD. The other two used have currency converters dated [redacted]. Not sure where they are several months old is coming from. Below are the only accounts that were used. For the last account #[redacted], the converter is based on the balance after $[redacted] was transferred to #[redacted] which is the funds below in USD. Reviewer Comment (2026-06-03): The reference was for all the foreign bank statements. Exception remains. Buyer Comment (2026-05-29): Please advise what conversion docs you are referring to, as the ones in the file appear to be from [redacted] and [redacted] of this year. Thx |
06/15/2026 | Yes | 2 | C | B | C | B | C | B | C | B | C | B | CA | Second Home | Purchase | C | B | C | B | A | A | A | A | Non QM | Non QM | No | ||||||||
| xxx | 2179950 | xxx | 37111648 | 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 $[redacted] exceeds tolerance of $[redacted] Sufficient or excess cure was provided to the borrower at Closing. | Reviewer Comment (2026-05-20): Sufficient Cure Provided At Closing |
05/20/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | TX | Primary | Purchase | Final CD evidences Cure | A | A | A | A | A | A | A | A | Non QM | Non QM | Yes | ||||||||||
| xxx | 2179960 | xxx | 37111655 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Verification appraisal delivered to the borrower was not provided. | Reviewer Comment (2026-06-03): Received Buyer Comment (2026-06-01): Please see proof of appraisal delivery. |
06/03/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | IN | Second Home | Purchase | B | A | A | A | B | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2179956 | xxx | 37111660 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | General Ability To Repay Provision Employment - Bank Statements | Ability-to-Repay (Dodd-Frank [redacted]): Unable to verify current employment status using reasonably reliable third-party records. | Third-Party Verification of Self-Employment was not provided for the primary borrower [redacted], [redacted] & [redacted]. | Reviewer Comment (2026-06-08): Received Buyer Comment (2026-06-08): also XXX dated prior to closing Buyer Comment (2026-06-08): see [redacted] serach from [redacted]-[redacted] Buyer Comment (2026-06-08): see report Buyer Comment (2026-06-08): see operating agreement as borrower is [redacted]% owner and there is not CPA. UW also cleared SE |
06/08/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | FL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2179956 | xxx | 37111663 | Compliance | Compliance | Federal Compliance | ATR/QM Defect | Check Loan Designation Match - ATR | Ability to Repay (Dodd-Frank [redacted]): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. | Missing Self Employment Verification for Borrower | Reviewer Comment (2026-06-08): Received Buyer Comment (2026-06-05): UW also cleared the SE with the operating agreement Buyer Comment (2026-06-05): see operation agreement which borrower [redacted]% owner and there is not a cpa. Buyer Comment (2026-06-05): See operating agreement that borrower is [redacted]% owner and there is not cpa |
06/08/2026 | No | 1 | B | A | C | A | B | A | C | A | B | A | FL | Primary | Purchase | Lender to provide updated ATR/QM status | C | A | A | A | C | A | A | A | Non QM | Non QM | Yes | |||||||||
| xxx | 2179956 | xxx | 37111664 | Compliance | Compliance | Federal Compliance | ATR/QM | NonQM ATR | Ability-to-Repay (Dodd-Frank [redacted]): General Ability-to-Repay requirements not satisfied. | Missing Self Employment Verification for Borrower | Reviewer Comment (2026-06-08): Received |
06/08/2026 | No | 1 | A | A | A | A | A | A | A | A | A | A | FL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2179956 | xxx | 37111665 | Compliance | Compliance | Federal Compliance | ECOA | ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation | ECOA Valuations Rule (Dodd-Frank [redacted]): Creditor did not provide a copy of each valuation to applicant [redacted] business days prior to consummation. | Acknowledgment provided is invalid as one choice must be marked | Reviewer Comment (2026-06-08): Received Buyer Comment (2026-06-05): See email |
06/08/2026 | No | 1 | B | A | B | A | B | A | B | A | B | A | FL | Primary | Purchase | C | A | A | A | C | A | A | A | Non QM | Non QM | No | ||||||||||
| xxx | 2179941 | xxx | 37111676 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | Lender allowed the criminal case shown on the borrower's background check. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and $[redacted] The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .[redacted]. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC SitusAMC SitusAMC |
Reviewer Comment (2026-05-06): Lender exception approval in file |
05/06/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | PA | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| xxx | 2179953 | xxx | 37111679 | Credit | Loan Package Documentation | Closing / Title | Collateral | Security Instrument is not signed by borrower(s). | Provided Security Instrument is not signed. Please provide a signed copy of the Security Instrument. | Reviewer Comment (2026-05-27): Received signed and dated Security Instrument, Exception Cleared Buyer Comment (2026-05-26): See attached mortgage and business purpose affidavit. |
05/27/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2179953 | xxx | 37111680 | Credit | Loan Package Documentation | Closing / Title | Missing, Incorrect, or Incomplete Note | Missing Document: Note - Subject Lien not provided | The Note that is in the file is not signed. Please provide a signed copy of the Note. | Reviewer Comment (2026-05-27): Received signed and executed Note, Exception Cleared Buyer Comment (2026-05-26): See attached note and Guaranty |
05/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2179953 | xxx | 37111681 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Business Purpose Certificate not provided | The Provided Business Purpose Certificate is not signed. Please provide a signed copy of the Business Purpose Certificate. | Reviewer Comment (2026-05-29): Received signed copy of the Business Purpose Certificate. Exception Cleared. Buyer Comment (2026-05-28): See attached Page [redacted] of the business purpose affidavit. Reviewer Comment (2026-05-27): Signed [redacted]nd page of Business Purpose Certificate is still missing, Exception Remains Buyer Comment (2026-05-26): See trailing docs |
05/29/2026 | No | 1 | C | A | C | A | C | A | C | A | C | A | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2179953 | xxx | 37111682 | Credit | Loan Package Documentation | Application / Processing | Loan Package Documentation | Missing Document: Guarantor Agreement not provided | Provided Guarantee Agreement is not signed. Please provide a signed copy of the Guarantee Agreement. | Reviewer Comment (2026-05-27): Received signed Guarantee Agreement, Exception Cleared Buyer Comment (2026-05-26): See trailing docs |
05/27/2026 | No | 1 | D | A | D | A | D | A | D | A | D | A | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||||
| xxx | 2179953 | xxx | 37111683 | Credit | Credit | AUS Discrepancy / Guidelines Discrepancy | Credit | Guideline Requirement: Minimum Loan Amount discrepancy. | Note loan amount of ___ is less than Guideline minimum loan amount of ___. | The Lender allowed the loan amount of $[redacted] Per the guidelines, the minimum loan amount is $[redacted] | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | SitusAMC | Reviewer Comment (2026-05-22): Lender exception approval in file |
05/22/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | |||||||||||
| xxx | 2179953 | xxx | 37111684 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The lender allowed the use the appraisal ordered by the broker. The lender requires all appraisals be ordered through the [redacted]. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. | SitusAMC | Reviewer Comment (2026-05-22): Lender exception approval in file |
05/22/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | TX | Investment | Refinance - Rate/Term | D | B | D | B | A | A | N/A | No | ||||||||||||
| xxx | 2179946 | xxx | 37111689 | Credit | Credit | Miscellaneous | Guideline | Credit Exception: | The Lender allowed seller-paid closing cost of [redacted]%; the max is [redacted]% per the guidelines. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Lender exception approval in file |
06/10/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | B | B | B | B | A | A | N/A | No | ||||||||||||
| xxx | 2179946 | xxx | 37111690 | Credit | Borrower and Mortgage Eligibility | Mortgage / Program Eligibility | Borrower and Mortgage Eligibility | Guideline Requirement: Loan to value discrepancy. | Calculated loan to value percentage of ___ exceeds Guideline loan to value percentage of ___. | Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least [redacted] months. The representative FICO score exceeds the guideline minimum by at least [redacted] points. |
SitusAMC SitusAMC |
Reviewer Comment (2026-06-10): Lender exception approval in file |
06/10/2026 | Yes | 2 | B | B | B | B | B | B | B | B | B | B | NC | Investment | Purchase | B | B | B | B | A | A | N/A | No |