Exhibit 99.09 - Schedule 1
| Loan ID | Customer Loan ID | Seller Loan ID | Note Date | Original Loan Amount | Last Name | Property State | Occupancy | Purpose | Originator QM Status | TPR QM Status | Exception ID | Exception Number | Exception Date | Exception Type | Exception Subcategory | Exception | Exception Remedy | Rebuttal | TPR Response | Compensating Factors | Status Update Date | Finding Status | Initial Exception Grade | Final Exception Grade | Initial Loan Grade | Final Loan Grade |
| 2168017 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9044357 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-05-05 15:21 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2168017 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9050445 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-05-05 19:06 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2168017 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Purchase | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9062507 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-05-06 13:59 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2168019 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9139657 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-05-11 21:00 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2168019 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9139674 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-05-11 21:00 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2168019 | xx/xx/xxxx | xxxxx | xxxxx | xx | Primary Residence | Refinance | Non-QM: Lender documented all ATR UW factors | Non-QM: Lender documented all ATR UW factors | 9141637 | 3 of 3 | xx/xx/xxxx | Compliance | No Compliance Findings | The loan meets all applicable compliance guidelines. |
2026-05-11 22:44 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2165555 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9132162 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from xxxxx and xxxxx. |
2026-05-11 16:28 | Cleared | 1 | 1 | 3 | 2 | ||||||
| 2165555 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9132181 | 2 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-05-11 16:29 | Cleared | 1 | 1 | 3 | 2 | ||||||
| 2165555 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9133664 | 3 of 3 | xx/xx/xxxx | Credit | Program Parameters - Guidelines Conformity | The subject loan does not conform to program guidelines. The borrower is a First Time Homebuyer and Investor. Guidelines cite First Time Homebuyers and Investors may be eligible on a case-by-case basis. Missing a formal signed exception form. Note: A letter of explanation indicates the properties listed on the loan application are not owned by the borrower. |
Document Uploaded. - 05/12/2026 |
Approved Exception provided to allow 1st time home buyer to purchase investment property. - 05/12/2026 |
27 months reserves, Down payment > 5% over program requirement, FICO 748, DSCR 1.14 | 2026-05-12 19:31 | Waived | 3 | 2 | 3 | 2 | |||
| 2163593 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8870390 | 1 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from xxxxx and xxxxx. |
2026-04-24 16:44 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2163593 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8917491 | 2 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
2026-04-28 13:32 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2163593 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 8917492 | 3 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-04-28 13:32 | Cleared | 1 | 1 | 1 | 1 | ||||||
| 2173161 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9175322 | 1 of 4 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from xxxxx and xxxxx. |
2026-05-13 15:02 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2173161 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9226073 | 2 of 4 | xx/xx/xxxx | Credit | Title Document is Partially Present | Title document is incomplete or only partially present. File is missing either a Quick EQ/Property Report or the xxxxx, xxxxx, Transaction Cert, or E&O Policy. Please supply both required Title documents. |
Document Uploaded. Full title policy 18 pages. Last few pages are not numbered. They are the last remaining pages. (18 pages total). - 05/15/2026 |
Title document has been provided. Condition resolved. - 05/18/2026 |
2026-05-18 19:15 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2173161 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9227219 | 3 of 4 | xx/xx/xxxx | Credit | Cash Deposit | Loan purpose is purchase, confirm if cash deposit has cleared account. EMD has not been verified as clearing the borrower account. |
Document Uploaded. - 05/28/2026 |
EMD docs provided. Condition resolved. - 05/29/2026 |
2026-05-29 19:42 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2173161 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Purchase | ATR/QM: Exempt | ATR/QM: Exempt | 9227874 | 4 of 4 | xx/xx/xxxx | Property | Missing Doc - 3rd Party Valuation Product/Missing | The loan file did not contain the required 3rd party valuation product. |
Document Uploaded. - 05/28/2026 |
3rd party valuation provided. Condition resolved. - 05/29/2026 |
2026-05-29 19:44 | Resolved | 3 | 1 | 3 | 1 | ||||
| 2179916 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 9672238 | 1 of 3 | xx/xx/xxxx | Property | Value - Value is supported within -10% of original appraisal amount | The appraised value was supported within -10% and all applicable appraisal guidelines were satisfied. |
2026-06-10 21:37 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2179916 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 9672758 | 2 of 3 | xx/xx/xxxx | Compliance | No Compliance Tests Performed | DSCR / Business Purpose loans are exempt from xxxxx and xxxxx. |
2026-06-10 21:53 | Cleared | 1 | 1 | 3 | 1 | ||||||
| 2179916 | xx/xx/xxxx | xxxxx | xxxxx | xx | Investment | Refinance | ATR/QM: Exempt | ATR/QM: Exempt | 9794768 | 3 of 3 | xx/xx/xxxx | Credit | No Credit Findings | The loan meets all applicable credit guidelines. |
The loan meets all applicable credit guidelines. - 06/17/2026 |
2026-06-17 16:45 | Cleared | 1 | 1 | 3 | 1 |