EXHIBIT 99.18

CONSOLIDATED ANALYTICS POOL 2 EXCEPTION GRADES REPORT

 


Deal ID    Loan
Number
    

Seller

Loan Number

     Originator    Last Name    Note Date   

Original

Balance

   State    TPR
QM
ATR
Status
   Loan Status   

Exception

Date

  

Remediation

Status

  

Exception

ID

  

Exception

Type

   Exception
Category
   Exceptions   

Exception

Rebuttal

  

Exception

Rebuttal

Date

  

Exception

Rebuttal

Response

  

Exception

Rebuttal

Response

Date

  

Compensating

Factors

  

Initial

Overall

Loan

Grade

  

Final

Overall

Loan

Grade

  

Initial

Exception

Grade

  

Final

Exception

Grade

  

Initial

Credit

Grade

  

Final

Credit

Grade

  

Initial

Property

Valuation

Grade

  

Final

Property

Valuation

Grade

  

Initial

Compliance

Grade

  

Final

Compliance

Grade

  

Initial

Overall

Grade (DBRS/

Morningstar)

  

Initial

Credit

Grade (DBRS/

Morningstar)

  

Initial

Property

Valuation

Grade (DBRS/

Morningstar)

  

Initial

Compliance

Grade (DBRS/

Morningstar)

  

Initial

Overall

Grade

(Fitch)

  

Initial

Credit

Grade

(Fitch)

  

Initial

Property

Valuation

Grade

(Fitch)

  

Initial

Compliance

Grade

(Fitch)

  

Initial

Overall

Grade

(Kroll)

  

Initial

Credit

Grade

(Kroll)

  

Initial

Property

Valuation

Grade

(Kroll)

  

Initial

Compliance

Grade

(Kroll)

  

Initial

Overall

Grade

(Moodys)

  

Initial

Credit

Grade

(Moodys)

  

Initial

Property

Valuation

Grade

(Moodys)

  

Initial

Compliance

Grade

(Moodys)

  

Initial

Overall

Grade

(S&P)

  

Initial

Credit

Grade

(S&P)

  

Initial

Property

Valuation

Grade

(S&P)

  

Initial

Compliance

Grade

(S&P)

  

Final

Overall

Grade

(DBRS/
Morningstar)

  

Final

Credit

Grade

(DBRS/
Morningstar)

  

Final

Property

Grade

(DBRS/

Morningstar)

  

Final

Compliance

Grade

(DBRS/

Morningstar)

  

Final

Overall

Grade

(Fitch)

  

Final Credit

Grade

(Fitch)

  

Final

Property

Grade

(Fitch)

  

Final

Compliance

Grade

(Fitch)

  

Final

Overall

Grade

(Kroll)

  

Final

Credit

Grade

(Kroll)

  

Final

Property

Grade

(Kroll)

  

Final

Compliance

Grade

(Kroll)

  

Final

Overall

Grade

(Moodys)

  

Final

Credit

Grade

(Moodys)

  

Final

Property

Grade

(Moodys)

  

Final

Compliance

Grade

(Moodys)

  

Final

Overall

Grade

(S&P)

  

Final

Credit

Grade

(S&P)

  

Final Property

Grade

(S&P)

  

Final

Compliance

Grade

(S&P)

248

     XXX               XXX    XXX    XX/
XX/
XXXX
   XXX    MT    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/06/2026    Resolved    FCRE8999    Credit    No Credit
Findings
   The loan meets all applicable credit guidelines.              Informational    04/08/2026   

Qualifying DTI below max allowed. — Calculated DTI of 20.89% is less than Guideline DTI of 45%

Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of 797 is greater than Guideline minimum FICO of 720.

Borrower has stable job time — Borrower has 6.24 years on job.

   A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

248

     XXX               XXX    XXX    XX/
XX/
XXXX
   XXX    MT    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/06/2026    Resolved    FPRO8998    Property    No
Property
Findings
   Property and valuations related findings were not identified on the loan.              Informational    04/08/2026   

Qualifying DTI below max allowed. — Calculated DTI of 20.89% is less than Guideline DTI of 45%

Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of 797 is greater than Guideline minimum FICO of 720.

Borrower has stable job time — Borrower has 6.24 years on job.

   A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A

248

     XXX               XXX    XXX    XX/XX/
XXXX
   XXX    MT    QM: Safe Harbor APOR (APOR SH)    Loan
Review
Complete
   04/07/2026    Resolved    FCOM8997    Compliance    No
Compliance
Findings
   The loan is in compliance with all applicable laws and regulations.              Informational    04/08/2026   

Qualifying DTI below max allowed. — Calculated DTI of 20.89% is less than Guideline DTI of 45%

Qualifying FICO is Greater than the Guideline Minimum — Qualifying FICO of 797 is greater than Guideline minimum FICO of 720.

Borrower has stable job time — Borrower has 6.24 years on job.

   A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A    A