EXHIBIT 99.2

CLAYTON POOL 1 CONDITIONS REPORT

 


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-J5_J17174
Conditions Report 2.0   
Loans in Report:    132
Loans with Conditions:    64

 

23 - Total Active Conditions   
  23 - Non-Material Conditions
    4 - Credit Review Scope
       2 - Category: DTI
       1 - Category: Income/Employment
       1 - Category: Terms/Guidelines
    19 - Compliance Review Scope
       18 - Category: RESPA
       1 - Category: TILA/RESPA Integrated Disclosure
68 - Total Satisfied Conditions   
    28 - Credit Review Scope
       1 - Category: Ability to Repay/Qualified Mortgage
       3 - Category: Application
       5 - Category: Assets
       4 - Category: Credit/Mtg History
       1 - Category: DTI
       4 - Category: Income/Employment
       4 - Category: Legal Documents
       5 - Category: Terms/Guidelines
       1 - Category: Title
    11 - Property Valuations Review Scope
       10 - Category: Appraisal
       1 - Category: Property
    29 - Compliance Review Scope
       5 - Category: Ability to Repay/Qualified Mortgage
       2 - Category: Documentation
       1 - Category: Federal Consumer Protection
       2 - Category: Right of Rescission
       1 - Category: State Consumer Protection
       18 - Category: TILA/RESPA Integrated Disclosure
1 - Total Waived Conditions   
    1 - Property Valuations Review Scope
       1 - Category: Property

©2026 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

 


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-J5_J17174
Conditions Report 2.0   
Loans in Report:    132
Loans with Conditions:    64

 

Deal
ID
 

Loan

Number

 

Original

Principal

Balance

  State  

Initial

Lender

ATR/

QM

Status

 

Loan

Level

ATR/

QM

Status

  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
55   XXXXXX   XXXXXX   MO   QM:

Safe

Harbor

(APOR)

  QM:
Safe
Harbor
(APOR)
  D   B   C   A   A   A   D   B   D   B   C   A   A   A   D   B   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the loan
file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate
ATR/QM
status.
  No   Recurring
$200 payments
to XXX noted
on XXX on
XXX and
XXX. Provide
documentation
to verify
recurring debt.
  4/14/2026:
Lender
rebuttal,
can add to
DTI and
still be
within
tolerance.
This is
true, we
can add it
to DTI, but
the XXX
overlays
read that
the XXX
installment
cannot be
more than
two years
for
repayment.
If we can
get the
docs to
verify that,
we can add
it to DTI.
I’ve
updated
the
comment.
  4/14/2026:
Exception
remains.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE, B2 has been with current employer since XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close assets are: $819,172.13 or 105.40 months of PITIA.Required PITI reserves are $7,772.10 X 3 = $23,316.30.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE, B1 has been with current employer since XXX.

55   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   A   A   D   B   D   B   C   A   A   A   D   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing the
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE, B2 has been with current employer since XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close assets are: $819,172.13 or 105.40 months of PITIA.Required PITI reserves are $7,772.10 X 3 = $23,316.30.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE, B1 has been with current employer since XXX.

55   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   C   A   A   A   D   B   D   B   C   A   A   A   D   B   Credit   Credit/
Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not disclosed/
accounted for
at origination
  No   Recurring
$200 payments
to XXX noted
on XXX XXX
on XXX and
XXX.
  4/14/2026:
Lender
rebuttal,
can add to
DTI and
still be
within
tolerance.
This is
true, we
can add it
to DTI, but
the
8.18.2025
overlays
read that
the XXX
installment
cannot be
more than
two years
for
repayment.
If we can
get the
docs to
verify that,
we can add
it to DTI.
I’ve
updated
the
comment.
  4/14/2026:
Exception
remains.
  (No
Data)
  Not
Applicable
 

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE, B2 has been with current employer since XXX.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close assets are: $819,172.13 or 105.40 months of PITIA.Required PITI reserves are $7,772.10 X 3 = $23,316.30.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE, B1 has been with current employer since XXX.

59   XXXXXX   XXXXXX   AL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3618   TRID -
Corrected
CD should
have been
provided;
Change of
Product or
Product
Feature not
disclosed at
least 3
business days
prior to
closing
  No   Initial CD is
missing from
file. Please
provide Initial
CD with
Confirmation
of Receipt at
least 3 days
prior to
Consummation
Date XXX.
  06.04.2026
— ICD
received
  06.04.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI of 16/20% vs Max of 50%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 777 exceeds minimum score requirement of 700

CFCFS2860: Good credit history

- Clayton Comments: Good Credit history with no lates nor any major derogs. Excellent fico of 777

59   XXXXXX   XXXXXX   AL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3626   TRID - CD:
Loan
consummated
before end of
waiting
period
  No   Initial CD is
missing from
file. Please
provide Initial
CD with
Confirmation
of Receipt at
least 3 days
prior to
Consummation
Date XXX.
  06.04.2026
— ICD
received
  06.04.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Low DTI of 16/20% vs Max of 50%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 777 exceeds minimum score requirement of 700

CFCFS2860: Good credit history

- Clayton Comments: Good Credit history with no lates nor any major derogs. Excellent fico of 777

60   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID4056   TRID - CD:
The Total
Payment
Amount on
the Loan
Calculation
section of the
Final Closing
Disclosure is
less than the
Clayton
Calculated
Total
Payment
Amount
  No   The Pre-Paid
interest on
Final CD
XXX —
$402.76 was
marked as paid
by lender. This
amount was
readjusted on
the PCCD
XXX back to
being paid by
borrower
which offsets
the calculated
total payment
amount by
$57.00
  06.18.2026
-PCCD,
LOX,
copy of
refund
check and
proof of
delivery
received.
  06.18.2026
-Exception
satisfied
  Numeric   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 70.59%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 19.63% is below guideline maximum 50%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 790 mid score > min required of 620

62   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history of 0x30x56 months exceeds the required 0x30x12 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 794 is above the required 720.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI of 28.37% is below the maximum allowable 50%.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
263   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 777 fico score exceeds guidelines 720

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $1270321.30 or 162.65 months of P&I

CFCFS1736: Significant time at current residence

- Clayton Comments: 10 years at current residence

65   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 799 mid score > min require 700

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have67 months mortgage payment history 0x30.

66   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   A   A   D   A   D   A   C   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA -
Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the
loan file is
missing
documents
to
complete
the ATR/
QM review
and render
an accurate
ATR/QM
status.
  No   Missing
documentation
for B2’s Co-
signed/
Guaranteed
liability as
indicated
under
Declarations
page of 1003,
Item F.
  6/16/2026:
Received updated
Final 1003, Item F
now answered No.
  6/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 9.76 months exceeds the required 3 months reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 789is above the required700.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history of0x30x41 months exceeds the required 0x30x12 months.

66   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   A   A   D   A   D   A   C   A   A   A   D   A   Credit   Credit/Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Missing
documentation
for B2’s Co-
signed/
Guaranteed
liability as
indicated
under
Declarations
page of 1003,
Item F.
  6/16/2026:
Received updated
Final 1003, Item F
now answered No.
  6/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 9.76 months exceeds the required 3 months reserves.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 789is above the required700.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Mortgage payment history of0x30x41 months exceeds the required 0x30x12 months.

68   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   B   A   A   A   A   D   B   D   B   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2408   Income
verification
does not
meet
guidelines
  No   XXX Other
Income B2
income is
XXX and file
having 2024
1040 and file
having w2
transcript
however w2
transcript do
not support
the base
income of
$45,000; 1099
in file for
2025/2024
and 2024
1040 that
reflect under
other income
XXX
Distribution
(pg 163). File
is missing
2024 1040
Transcripts as
required by
XXX AUS
Jumbo
guidelines
(under
Transcripts)
when tax
returns are
used for
qualifying
purposes, tax
transcripts for
the most
recent one
year’s
personal
returns are
required.
  6/18/2026: The
1099s received
were in PDF at
original review.
The 1099-MISC
income has federal
taxes withheld. The
1040s are
required.6/29/2026:
Received 2024
1040s. Shows how
XXX Income is
claimed and taxes
paid. 2025 1099-
NEC also shows
federal taxes.
Requirements met.
  6/18/2026:
Exception
remains.6/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 43% DTI below guideline requirement 50%

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence 7 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 713 Credit score exceeds guidelines 680

68   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   B   A   A   A   A   D   B   D   B   A   A   A   A   Credit   Terms/
Guidelines
  Active   B   B   B   B   CRDTER109   Cash Out
Amount
Exceeds
Guidelines
  No   PCG AUS
Jumbo
guidelines,
limited cash
out refinance
cannot exceed
$2,000 (Loan
purpose:
refinance
transactions)
Per DU cash
back is
$1,174.27Per
CD/HUD-1
cash back is
$5,415.99 (per
Final HUD-1
pg 487 and
per Final CD)
over $2,000
per overlays.
Cash out
amount
exceeds
guidelines for
limited cash
out refinance,
Note: HUD-1
(pg 487) do
reflect some
paid outside
closing by
Borrower over
$5k, only
$625 was
capture as
POC
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 43% DTI below guideline requirement 50%

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence 7 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 713 Credit score exceeds guidelines 680

70   XXXXXX   XXXXXX   KS   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   Compliance   Right of
Rescission
  Satisfied   B   B   B   B   CMPROR2043   Cannot
determine
if funding
date is
after
rescission
period
  No   Unable to
determine if
funding date is
after
rescission
period —
missing ROR
form
  06.19.2026 —
ROR received
  06.19.2026 -
Exception satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 mid score > min required of 700

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum CLTV 89.99%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 26% DTI < max permitted of 50%

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
70   XXXXXX   XXXXXX   KS   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   Compliance   Right of
Rescission
  Satisfied   D   A   D   A   CMPROR5345   ROR -
Missing or
Incomplete
Right of
Rescission
form
  No   Missing Right
of Rescission
form
  06.19.2026
— ROR
received
  06.19.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 mid score > min required of 700

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Maximum CLTV 89.99%

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 26% DTI < max permitted of 50%

71   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 32.26% is below guideline maximum 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 mid score > min required of 700

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

71   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   Zero
Tolerance Fee
of $5.75 due
to increase of
SS
verification
fee From $7
to $12.75 on
Final CD.
Missing a
valid Change
of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower
with proof of
delivery that
includes
tracking
information.
  06.19.2026
— Cure
provided
via refund
  06.19.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 32.26% is below guideline maximum 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 796 mid score > min required of 700

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

72   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Low credit utilization ratio of 13.41%

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0 x 30 in 45 months

CFCFS2854: Significant time in profession

- Clayton Comments: 32 years in profession.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI ratio of 26.58% is below the guideline requirement of 45%.

250   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   C   A   C   A   CRDTER3122   Loan
documents do
not meet
guideline
requirements
  No   Missing
executed
4506 signed
by Co-
borrower.
  7/23/2026:
Received
4506C
signed by
both
borrowers.
  7/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $114,739.30 or 13.46 PITIA

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 74.60%; guideline allows 89.99

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 795 is 75 points above program minimum requirement of 720.

73   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the loan
file is missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Missing
executed
Final CD for
sale of XXX
to support
omitting PITI
expense from
DTI
calculation.
Estimated
Seller Closing
Statement on
page 1201 is
not signed by
Settlement
Agent or
stamped
Certified True
Copy.
  6/26/2026:
Received
Final
ALTA
dated
XXX.
  6/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.31% below guideline max of 50%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Total assets verified $443,279.22 less funds to close $314,373.02 = reserves $128,906.20. Required reserves 3 mos. PITIA. $10,895.07 * 3 = $32,685.21.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 19 years 9 months at current job.

73   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL2550   Missing
HUD-1 from
sale of
property
  No   Missing
executed
Final CD for
sale of XXX
to support
omitting PITI
expense from
DTI
calculation.
Estimated
Seller Closing
Statement on
page 1201 is
not signed by
Settlement
Agent or
stamped
Certified True
Copy.
  6/26/2026:
Received
Final
ALTA
dated
XXX.
  6/26/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 43.31% below guideline max of 50%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Total assets verified $443,279.22 less funds to close $314,373.02 = reserves $128,906.20. Required reserves 3 mos. PITIA. $10,895.07 * 3 = $32,685.21.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-borrower has 19 years 9 months at current job.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
74   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient #
of months
cash reserves
for PITI per
guideline
requirements
  No   Post Close
Assets are $0;
required
reserves are
$10,111.80 x 3
= $30,335.40;
plus six
months for
financed REO
$4,884.27 X 6
= $29,305.62.
Total required
$59,641.02.All
XXXaccounts
provided are
business
accounts and
cannot be
counted
toward
reserves per
overlays.
  7/10/2026:
Received
XXX acct
stmnts.
Verified
$86,825.77
in
reserves.
  7/10/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have52 months mortgage payment history 0x30.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 20+ years at present job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 28.05% is below guideline maximum 45%.

75   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   A   A   A   A   CMPTRID5107   TRID -Seller
CD not in file;
need in order
to complete
fee entry
  No   The Seller
Fees on the
Final CD do
not match the
Seller Fees
from the Seller
CD.
  (No Data)   Condition
Satisfied.
All Seller
fees have
been
sourced
from the
Seller CD
.
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 mid score > min required of 700.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $355,834.04 month > reserve requirement $21,831.90.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 18.67% is below guideline maximum 50%.

75   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Credit   DTI   Active   B   B   B   B   CRDDTI105   Debt Ratio
Exception 5%
or Less
  No   6/16/2026:
Exception
added after
review of
lender
rebuttal:
Removed B1
income. DTI
increased to
23.67%, >3%
of lender’s
DTI of
20.08%. New
AUS required
with Approve/
Eligible with
DTI within
3%.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 mid score > min required of 700.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $355,834.04 month > reserve requirement $21,831.90.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 18.67% is below guideline maximum 50%.

76   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST115   Cash reserves
do not meet
guidelines
  No   Missing proof
of additional
assets to meet
required
reserves
$27,718.47.
Loan short
reserves
$5,101.16.
Any large
deposits must
be explained
and
documented.
  6/18/2026:
Received
updated
XXX
stmnts
with
updated
balances
and proof
EMD
cleared.
Verified
$44,315
reserves.
  6/18/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @2.01%

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have 24 months mortgage payment history 0x30

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 40.88% is below guideline maximum 45%

76   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU/LCA
score is > 2.5;
Clayton to
order AVM.
  6/11/2026:
Received
AVM
supporting
value.
  6/11/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @2.01%

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have 24 months mortgage payment history 0x30

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 40.88% is below guideline maximum 45%

78   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Assets   Satisfied   D   A   D   A   CRDAST2670   Asset
documentation
is insufficient
per guideline
requirements
  No   Provide
verification
$150K Gift
was received
by Settlement
agent as
indicated on
Gift Letter.
Without these
funds, loan is
short to close.
  7/20/2026:
Received
wire
receipts
for $25K
and
$125K.
  7/20/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Verified 70% LTV. Max allowed 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 771 mid score > min required of 700

79   XXXXXX   XXXXXX   NE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have > 61.62 months PITIA above guideline minimum 3.00 months PITIA.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 731 Median FICO > 31 points above guideline minimum of 700

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrower LTV of 78.76% is > 11.23% below guideline maximum of 89.99%

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID Error
Type
  Cure
Method
  Compensating
Factors
256   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $60390.17 or 6.98 months of P&I

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 814 fico score exceeds guidelines 700

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 7 years at current job

80   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   B   B   B   B   CMPTRID3966   TRID - CD:
The Will Not
Have an
Escrow
Account in
the CD Loan
Disclosures
section is
selected and
both or neither
of You
declined it
and/or Your
lender does
not offer one
are selected
  No   The Final CD
XXX does
not reflect the
reason that
the borrower
will not have
an escrow
account.
However, this
was corrected
on the PC CD
XXX.
Exception
satisfied
  (No Data)   (No Data)   Non-Numeric   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 22.91% is below guideline of 45%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 48.70% is below guideline maximum of 89.99%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are$893,084.03 or 75 months PITI, Required reserves are 3 x $11,847.76 = $35,543.28

80   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Credit   Application   Satisfied   D   A   D   A   CRDAPP4625   The orig file
does not
contain a third
party fraud
report
  No   Missing
Fraud Report
  7/17/2026:
Received
XXX
Fraud
Report.
All High
Risk alerts
cleared,
clear
XXX.
  7/17/2026:
Exception
satisfied.
  Not
Applicable
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 22.91% is below guideline of 45%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 48.70% is below guideline maximum of 89.99%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are$893,084.03 or 75 months PITI, Required reserves are 3 x $11,847.76 = $35,543.28

249   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU/LCA
score is >2.5.
Clayton to
order AVM.
(None in the
file).
  8/6/2026:
Received
AVM
supporting
value.
  8/6/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $95,543.67 or 10.92 PITI

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 777 is 77 points above program minimum requirement of 700.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guideline allows 89.99%

82   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Active   B   B   B   B   CMPTRID5293   TRID Not all
required
seller-paid
fees were
disclosed on
the CD
  No   Not all
required
seller-paid
fees were
disclosed on
the final CD.
Seller’s CD in
file and able
to trace all
fees.
  (No Data)   (No Data)   Numeric   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 53.21 months exceeds the required 3 months reserves.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below the maximum allowable of 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 795 is above the required 700.

83   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 810 median FICO. Min required 740.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been in business 6.67 years.

84   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   B   B   B   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   $75 Zero
Percent
Tolerance
Violation due
to increase in
Appraisal fee
and CDA at
or prior to
closing
without a
valid Change
in
Circumstance.
Requires CIC,
or corrected
PCCD, copy
of refund
check, LOX
and
verification of
shipping.
Satisfied on
PCCD.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $208,782.27 or 25 months reserves, required reserves — 3 months PITIA or $24,393.51

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 7%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
89   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 774 score exceeds the 700 minimum required.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% LTV with a max 89.99% allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $234,763.31 — $225,500 = $9,263.31 60% of IRA assets = $78,173.74 + $9,263.31= $87,437.05 reserves.$6,340.70 PITI * 3 = $19,022.10

91   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets are$211,964.12 or 13.85 months PITI. Required PITI reserves are 3 x $15,301.61 = $45,904.83

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI 19.06% is below DTI 45%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 771 is above guideline minimum of 720

92   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 mid score > min required of 700

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

93   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   D   A   D   A   CRDCRMH149   Missing
support
docs for
VOM/
VOR
(e.g.
cancelled
checks)
  No   Per lender
UW
summary,
XXX
pays the
departing
residence
XXX Mtg
$3,186.92
PITI and
excluded
payment
since
Schedule
C has Use
of Home
expense.
The file
has proof
business
pays with
XXX bk
stmnt for
XXX,
XXX,
XXX.
The Use
of Home
expense is
limited to
the square
footage
the
business
uses. It
does not
cover
100% of
the PITI.
Provide
the
remaining
nine
months
business
statements
XXX-
XXX to
show
business
pays the
PITI to
exclude it
from DTI.
  7/16/2026:
Received
XXX
stmnt.
XXX mtg
paid
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX,
XXX. Ok
to
exclude.
  7/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 766 lowest mid score. Minimum 700

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.31/40.20 Max 45%

253   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $97,224.25 or 7.23 months of PITIA reserves Required PITIA Reserves are $10,378.54 X 3 months = $31,135.62.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 77 points above guideline minimum of 720.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5 years at current residence.

94   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 99 points above guideline minimum of 700

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 7 points below guideline maximum.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has 45 months of PITIA reserves more than the months of required reserves.

257   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x64

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 14 years & 6 months at current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 78 points above guideline minimum of 700

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
95   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID5107   TRID -
Seller CD
not in file;
need in
order to
complete
fee entry
  No   Because
the Seller
CD is not
in the file,
entry of
all seller-
paid fees
cannot be
verified.
  06.19.2026
— Seller
CD
provided
  06.19.2026
-Exception
satisfied
  Not
Applicable
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 811 FICO exceeds minimum 720

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80 below max 89.99

96   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
from file.
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified cash reserves $159451.36 > $41136.60 (3 months > Aus request of 2 months PITIA)

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12+ years at current job

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 32.08% DTI < 45% product maximum

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 48+ months positive payment history no 0x30/60/90 lates

97   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified $4,980,781.28 in post closing reserves or 225.45 months PITI.Three months reserves required $22,091.95 X 3 = $66,275.85.

98   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 798 higher than minimum score of 720 by more than 98 points

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI of 16.32% is lower than maximum DTI by more than 30 points.

CFCFS2860: Good credit history

- Clayton Comments: Borrowers have a positive overall credit history

99   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0 x 30 in 33 months

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12+ years with same employer

259   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30x72

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $136,667.50 or 21.28 months PITI. Required reserves 3 months x $6,422.23 = $19,266.69.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 85 points above guideline minimum of 700

100   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $883,625.68 or 60.09 months PITI.Required reserves 18 months x $15,550.75 = $279,913.50 for loan amount > $2million.

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B1 has additional schedule C income of $1,938.42 monthly not used to qualify.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 28.639% DTI below guideline requirement of 45% for loan amount >$2million.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 783 Credit score exceeds guidelines of 720 per program.

CFCFS2854: Significant time in profession

- Clayton Comments: Co-borrower has significant time in profession, 19+ years.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
261   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
the loan file is
missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Missing
complete
copy
2024/2023
Business
returns with
all
schedules
for B2. B2
is 100%
owner of
the
business.
Business
returns for
two years
required.
Returns to
support
$33,558.21
used to
qualify.
  7/21/2026:
Received
2024/2023
1120-S for B2.
Verified
$30,417.29/mo
net. DTI
39.85%,
within
tolerance.
  7/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $955,691.24 exceed required reserves $41,215.71.

CFCFS1750: High potential for increased earnings

- Clayton Comments: Both borrowers are in fields which could warrant higher earnings given the industry in which they are employed.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score 751. Minimum requirement 720.

261   XXXXXX   XXXXXX   MD   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC2408   Income
verification
does not meet
guidelines
  No   Missing
complete
copy
2024/2023
Business
returns with
all
schedules
for B2. B2
is 100%
owner of
the
business.
Business
returns for
two years
required.
Returns to
support
$33,558.21
used to
qualify.
  7/21/2026:
Received
2024/2023
1120-S for B2.
Verified
$30,417.29/mo
net. DTI
39.85%,
within
tolerance.
  7/21/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close reserves $955,691.24 exceed required reserves $41,215.71.

CFCFS1750: High potential for increased earnings

- Clayton Comments: Both borrowers are in fields which could warrant higher earnings given the industry in which they are employed.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score 751. Minimum requirement 720.

102   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has maintained a positive overall good credit history.

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers have maintained a minimal use of credit with low utilization of 10.57%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 806 higher than minimum score of 700 by more than 100 points

102   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER146   Missing
lender’s loan
approval/
underwriting
form
  No   Provide
updated
1008 with
LP checked
as AUS
used.
Current
1008 has
DU checked
but lender
UWer
verifies LP
was used.
  7/23/2026:
Received 1008
showing LP as
AUS used.
  7/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has maintained a positive overall good credit history.

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers have maintained a minimal use of credit with low utilization of 10.57%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 806 higher than minimum score of 700 by more than 100 points

104   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score
greater than
2.5; Clayton
order AVM
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: No lates on credit.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: 604 months reserve assets exceeds program requirement of 3 months reserve PITI.

CFCFS3836: Borrower Net Worth

- Clayton Comments: Borrowers have significant net worth with over $5 million in bank/investment deposits.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 credit score exceeds 700 program minimum.

105   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 719 mid score > min required of 700

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 24 years.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

266   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   File is
missing tax
transcripts.
Per
guidelines,
when tax
returns are
used for
qualification
purposes,
tax
transcripts
for the most
recent one
years
personal
returns are
required.
  7/27/2026:
Received
2024/2023 tax
transcripts.
  7/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 49.30%; guidelines allow 80%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Months PITI Reserves31.02 Cash Reserves$189,970.58 exceeds the required $18,372

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 707 mid score > min required of 700

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition
Code
  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
107   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession, 12 years.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing reserves $97,941.15 or 7.93 months PITIA.Reserves required $12,353.08 x 3 months = $37,061.94.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 730 Credit score exceeds guidelines of 720 per program.

262   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI 29.62% is less than guideline maximum 50%,

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 781 FICO score. Minimum required 700.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 66.89% is less than guideline maximum 89.99%.

267   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   Compliance   Documentation   Satisfied   D   A   D   A   CMPDOC806   Notary
Status is
missing
  No   Provide
mortgage
with
notary.
Page 12 of
12 is not
completed.
  7/29/2026:
Received
fully
executed/
notarized
DOT.
  7/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in the same line of work for 22 years and 8 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $417,157.36 > min required reserves of 18 months PITIA OR $379,175.76

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence 9 years and 2 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Borrowers have a low credit utilization ratio of 18.61%.

110   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrower DTI is 4 points below guideline maximum.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 68 points above guideline minimum of 720

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has 25.46 months of PITI reserves more than the 18 months of required reserves.

112   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Application   Satisfied   D   A   D   A   CRDAPP157   Application
Not Signed
by Primary
Borrower
  No   Missing
signature
on Final
and Initial
1003.
  7/15/2026:
Received
fully
executed
Initial &
Final
1003s.
  7/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV 78.76% is less than guideline maximum 89.99%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have 0x30x238 months positive consumer payment history.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 787 FICO score. Minimum required 700.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 18 years and 11 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 9 years.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x53 months positive mortgage payment history.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified post close assets $441,955.79 or 54.29 months PITI meeting guideline requirement of 3 months reserves.

112   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Application   Satisfied   D   A   D   A   CRDAPP227   Application
Not Signed
by Co-
Borrower
  No   Missing
signature
on Final
and Initial
1003.
  7/15/2026:
Received
fully
executed
Initial &
Final
1003s.
  7/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV 78.76% is less than guideline maximum 89.99%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have 0x30x238 months positive consumer payment history.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 787 FICO score. Minimum required 700.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 18 years and 11 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 9 years.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x53 months positive mortgage payment history.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified post close assets $441,955.79 or 54.29 months PITI meeting guideline requirement of 3 months reserves.

112   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER146   Missing
lender’s
loan
approval/
underwriting
form
  No   Missing
Lender’s
loan
approval
form
1008.
  7/15/2026:
Received
1008.
  7/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV 78.76% is less than guideline maximum 89.99%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have 0x30x238 months positive consumer payment history.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 787 FICO score. Minimum required 700.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 18 years and 11 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 9 years.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x53 months positive mortgage payment history.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified post close assets $441,955.79 or 54.29 months PITI meeting guideline requirement of 3 months reserves.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
112   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU/LCA
score is
>2.5.
  7/15/2026:
Received CDA
supporting value.
  7/15/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: Borrowers LTV 78.76% is less than guideline maximum 89.99%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Borrowers have 0x30x238 months positive consumer payment history.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Verified 787 FICO score. Minimum required 700.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has been with current employer for 18 years and 11 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have been at current residence for 9 years.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30x53 months positive mortgage payment history.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Verified post close assets $441,955.79 or 54.29 months PITI meeting guideline requirement of 3 months reserves.

113   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 752 mid score > min required of 700

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%

260   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Title   Satisfied   D   A   D   A   CRDTIL865   Title
incomplete
  No   Provide title
commitment
complete
with all
schedules
  7/14/2026:
Received Title
supps only. Need
complete
Report.7/30/2026:
Received Final
Title.
  7/14/2026:
Exception
remains.7/30/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: Credit reflects oldest tradeline 8/2004, reporting 0x30

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: 0x30x61 mortgage payment history

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have owned the departing primary residence 10.5 years

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 811 credit score; 700 minimum required FICO

114   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B                                                               (No Data)
114   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   The ABA
was not
included in
the file.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
  (No Data)
114   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   Compliance   State
Consumer
Protection
  Satisfied   D   A   D   A   CMPSTCP2057   Illinois
Pred Lend
Database
— No Cert
of
Compliance
or Cert of
Exemption
in file
  No   Certificate
of
Compliance
or
Exemption
were not in
the file.
  6/16/2026:
Received IL Anti-
Predatory
disclosure.
  6/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  (No Data)
122   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 783 higher than minimum requirement of 720 by more than 50 points.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has maintained a lifetime 0 x 30 mortgage payment history.

CFCFS2860: Good credit history

- Clayton Comments: Borrower has maintained a lifetime of good credit history with no overall historical delinquencies.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
123   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Ability to
Repay/
Qualified
Mortgage
  Satisfied   C   A   C   A   CRDATRQM3124   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage rule;
Lender did not
provide an
ATR/QM
status
determination.
  No   Provide
Lender QM
determination.
  7/31/2026:
Received SH
Status.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score 800 is above guideline minimum of 720

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Over 9 years at current job

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV 80% is below guideline maximum of 89.99%

251   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 760 mid score > min required of 700

CFCFS1736: Significant time at current residence

- Clayton Comments: Significant time at current residence of 10 years.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job of 6 years and 9 months with 25 years in the field.

125   XXXXXX   XXXXXX   AR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 17 years, 4 months with current employer.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 26.13% is below guideline maximum 45%.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 7 years, 9 months at Primary residence.

127   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 52.20% LTV with a max 89.99% allowed.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 787 score exceeds the 700 minimum required.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $2,157,035.57 — $1,164,880.07 CTC = $992,155.50 — $86,475.50 required reserves = $905,680 reserves.

128   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL139   Missing copy
of 2nd lien
HUD-1
(subject is 1st
lien)
  No   Provide final
CD for
Purchase
Money 2nd
for $XXX as
noted on final
CD and Post
Close CD.
  6/25/2026:
Received Final
ALTA for PM2.
  6/25/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 28.54% is below guideline maximum 45%.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: 809 mid score > min required of 620

131   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST206   Asset Amounts
Are
Unsupported
by
Documentation
in File
  No   Unable to
review assets
pages,
showing
blank pages
(pg 70 -80),
corrupt.
Please
provide assets
used for
transaction:
XXX #XXX
and #XXX
(per LP and
Final 1003)
  6/16/2026:
Received legible
copy of VOD.
  6/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 71%; guidelines allow 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $60,133.47 or 7.54 mo. PITI

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 22.17% is below guideline maximum 45%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 7.63%

133   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   Federal
Consumer
Protection
  Satisfied   C   A   C   A   CMPFDCP3208   NMLS License
verification
found Loan
Originator was
inactive at time
of origination
  No   NMLS
License not
active at the
time of
application in
the state of
New Jersey.
Per NMLS
website. both
lender and LO
were valid
through 2025.
Loan app date
is XXX.
  6/2/2026:
Received
verification XXX
is current through
2026. The LO
info received,
XXX, is not on
the Final 1003 or
on Note, XXX is
LO
shown.7/16/2026:
Received
verification
renewal is good
through 2026.
  6/2/2026:
Exception
remains.7/16/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ .03%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 67.15%; guidelines allow 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $1,678,726.86 or 228 months of PITIA reserves. Required reserves 3 * PITIA $22,086.51.

CFCFS2860: Good credit history

- Clayton Comments: 800 mid score > min required of 700

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.37% is below guideline maximum 50%.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
134   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 42 years in the same profession

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 5.08 years at the departing primary residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $334,049.44 or 40.60 months of PITI.Required PITI Reserves are $8,228.57 X 3 = $24,685.71.

136   XXXXXX   XXXXXX   OR   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to closing
without a valid
reason or not
timely
disclosed;
refund
required within
60 days of
consummation
  No   Missing
specific fee
amount
changes on
COCs
provided.
Zero
Tolerance Fee
of $2,012.2
due to Loan
Discount
Points
increased
from LE to
CD. Missing
a valid
Change of
Circumstance,
or Post Close
CD, LOX and
copy of
refund check
to borrower.
  06.19.2026
— COC
provided
  06.19.2026
-Exception
satisfied
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 80% is below maximum allowed of 89.99%

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 24 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 19.76%

137   XXXXXX   XXXXXX   OH   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Income/
Employment
  Satisfied   D   A   D   A   CRDINC3204   Income
Documentation
Missing
  No   Potential IRS
debt noted.
Per 2025 tax
returns, B1
owes
$292,588. No
evidence of
payment in
file.
  7/23/2026:
Received
verification
via XXX
screenshot,
taxes were
paid
4/2026.
  7/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: Customer has a 3 year history of bonus income not used and 2 year XXX history (Sch C) not used.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI of 33.83% is lower than max DTI allowed 45%.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since 2/4/13.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post-close assets are $523,741.60 or 24.162 months PITIA. Required PITIA reserves are $21,675.92 x 18 months = $390,166.56.

138   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2860: Good credit history

- Clayton Comments: Borrower has a good overall credit history with no historical delinquencies.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying credit score of 798 is higher than minimum requirement by more than 40 points.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Qualifying DTI of 30.92% is lower than maximum requirement by more than 10 percentage points.

139   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0 x 30 in 52 monhs

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Borrower has been XXX for 19+ years

140   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have 13 years, 4 months at Primary residence.

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has been in same profession for 30 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 735 mid score > min required of 700

141   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Required
Affiliate
Business
Disclosure
missing from
file.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.42%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $425,222.85 or 42 months reserves, 3 month PITIA in reserves required or $29,769.12

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID Error
Type
  Cure
Method
  Compensating
Factors
142   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No Data)   Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: 40.32% DTI < 50% product max

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: verified cash reserves $1108097.67 > 18 mos reserves required by product: $236,563.20.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 820 FICO > 720 product minimum

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 65+ month of positive payment history with no 0x30/60/90 lates

146   XXXXXX   XXXXXX   KY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   D   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3626   TRID - CD:
Loan
consummated
before end of
waiting
period
  No   Missing Initial
CD. Need
proof initial
CD was
received by
borrower 3
days before
consummation
date of XXX
  8/6/26 -
Lender
provided
initial CD
dated and
signed
6/12/26.
  8/6/26 -
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.34%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.36% is below guideline maximum 45%. or per the AUS findings

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 700

146   XXXXXX   XXXXXX   KY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   D   A   D   A   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   D   A   D   A   CMPTRID4579   TRID - CD:
Missing
Initial CD
  No   Missing Initial
CD
  8/6/26 -
Lender
provided
initial CD
dated and
signed
XXX.
  8/6/26 -
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.34%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.36% is below guideline maximum 45%. or per the AUS findings

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 700

146   XXXXXX   XXXXXX   KY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   D   A   D   A   A   A   D   A   D   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU Score 5.0.
Clayton to
order AVM.
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 9.34%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.36% is below guideline maximum 45%. or per the AUS findings

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 700

147   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Property
Valuations
  Property   Satisfied   C   A   C   A   PRVAPROP177   Property
Issues
Indicated
  No   File missing
Appraiser
Certification/
License doc.
Copies in the
file are from
2022-2023.
  7/24/2026:
Received
Appraiser
license
info, valid
thru
12/14/2027.
  7/24/2026:
Exception
satisfied.
  (No Data)   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Median FICO 92 points above guideline minimum of 700

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has 15 years & 6 months at current job

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 8 years at current residence

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrower has 40.76 months of PITI reserves more than the 3 months of required reserves.

254   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   B   B   A   A   C   B   C   B   B   B   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID3952   TRID - CD:
The CD
Projected
Payments
section and
the CD Loan
Disclosures
section are
not consistent
in regards to
whether or
not an
escrow
account will
be
established
  No   Lender placed
Escrow
amount of
$35,250.71 in
Loan
Disclosures
Escrow
Account
Section, Non-
Escrowed
Property Cost
on Final CD
and PCCD.
  7/27/26 -
Lender
provided
PCCD
showing
escrow
amount.
  7/27/26 -
Exception
satisfied.
  Non-Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 Median FICO 55 points above guideline minimum of 720.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30 for 85 months exceeds guidelines 12 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 9 years & 9 months at current residence.

254   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   B   B   A   A   C   B   C   B   B   B   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID5741   TRID - CD:
In the CD
Escrow
section, You
will have an
escrow
account is
indicated, but
any of the
Escrowed
Property
Costs or
Escrow
Payment = $0
or Null
  No   Lender placed
Escrow
amount of
$35,250.71 in
Loan
Disclosures
Escrow
Account
Section, Non-
Escrowed
Property Cost
on Final CD
and PCCD.
  7/27/26 -
Lender
provided
PCCD
showing
escrow
amount.
  7/27/26 -
Exception
satisfied.
  Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 Median FICO 55 points above guideline minimum of 720.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30 for 85 months exceeds guidelines 12 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 9 years & 9 months at current residence.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
254   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   B   B   A   A   C   B   C   B   B   B   A   A   C   B   Credit   DTI   Active   B   B   B   B   CRDDTI105   Debt Ratio
Exception
5% or Less
  No   Review DTI
47.05%
exceeds
guideline
45% with
DU
Approve/
ineligible by
2.05%. Must
be AUS
accept to go
to 50% DTI.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 Median FICO 55 points above guideline minimum of 720.

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrower mortgage payment 0x30 for 85 months exceeds guidelines 12 months.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrower has 9 years & 9 months at current residence.

252   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 811 score exceeds the 700 minimum required.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 68.35% LTV with a max 89.99% allowed.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $996,996.93 — $10,000 EMD — $501,554.49 = $485,442.44 reserves. (62 months reserves)PITI= $7,728.45

151   XXXXXX   XXXXXX   ID   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Required
Affiliate
Business
Disclosure
missing from
File.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: 13 years in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 809 score exceeds the 720 minimum required.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $395,000 deposit 5/12/26 $+ $445,005.70 checking/savings = $840,005.70 — $50,000 EMD — $527,515.35 CTC = $262,490.35 reserves$925,056.63 (60% retirement funds)$262,490.35= $1,187.546.88 reserves$14,970.30 PITI * 18 = $269,465.40 required.

154   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliated
Business
Disclosure
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: 0 x30 in 99 months

CFCFS2854: Significant time in profession

- Clayton Comments: 12 years in same profession

155   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 78%; guidelines allow 89.99%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 784 mid score > min required of 700

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 36.57%

156   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 10%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 754 mid score > min required of 720

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have61 months mortgage payment history 0x30.

157   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   A   B   B   C   B   A   A   C   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA2698   RESPA -List
of
homeowners
counseling
organizations
not in file
  No   Missing
Homeowners
Counseling
Organization
disclosure
dated within
3 days of
application
date of
5.6.26.
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 700

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 56.28; guidelines allow 89.99%

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has owned business 18+ years.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
157   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   C   A   B   B   C   B   A   A   C   A   B   B   Property
Valuations
  Appraisal   Satisfied   C   A   C   A   PRVAAPPR119   Appraisal
documentation
does not
support
occupancy
  No   Appraisal
reflects
property is
vacant, does
not appear to
be accurate
based on
photos.
Refinance of a
primary
residence,
occupancy
should be
updated on
appraisal.
  8/11/2026: Received
cprrected appraisal,
owner occ.
  8/11/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 775 mid score > min required of 700

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 56.28; guidelines allow 89.99%

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has owned business 18+ years.

161   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.45%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Post closing assets $66,527.18 / 9.20 months PITIA > min required of $21,689.85.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

162   XXXXXX   XXXXXX   ME   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Assets   Satisfied   C   A   C   A   CRDAST3078   Insufficient #
of months
cash reserves
for PITI per
guideline
requirements
  No   All assets in
the file are
Business
accounts. Per
overlays,
business funds
cannot be
counted
toward
reserves.
Provide
additional
assets to cover
$24,860.19
required
reserves.
  7/30/2026: Received
personal acct.
Verified $113,702.91
reserves, meeting
requirement.
  7/30/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6.74%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 791 mid score > min required of 700

CFCFS1736: Significant time at current residence

- Clayton Comments: 20+ years at primary residence.

265   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $62,744.84 / 5.36 months PITIA > minimum required of $35,115.75.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 753 mid score > min required of 700.

255   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Compliance   Ability to
Repay/
Qualified
Mortgage
  Satisfied   D   A   D   A   CMPATRQM3220   TILA - Loan
subject to
Ability to
Repay/
Qualified
Mortgage
rule; the loan
file is missing
documents to
complete the
ATR/QM
review and
render an
accurate ATR/
QM status.
  No   Missing
documentation
supporting
property taxes
and hazard
insurance for
property
XXX.
  7/20/2026: Received
page from Fraud
Report. Provide the
tax cert, H06 if
applicable.7/27/2026:
Received Tax info
$2,898.77 annual.
  7/20/2026:
Exception
remains.7/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 79 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $311,420.01 or 22.77 months of PITI. Required PITI reserves are $13,677.23 x 3 = $41,031.69

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 43.56% is below guideline maximum 50%.

255   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Credit   DTI   Satisfied   D   A   D   A   CRDDTI2540   Missing
verification of
some or all
components of
non-subject
PITI
  No   Missing
documentation
supporting
property taxes
and hazard
insurance for
property
XXX.
  7/20/2026: Received
page from Fraud
Report. Provide the
tax cert, H06 if
applicable.7/27/2026:
Received Tax info
$2,898.77 annual.
  7/20/2026:
Exception
remains.7/27/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 79 months.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $311,420.01 or 22.77 months of PITI. Required PITI reserves are $13,677.23 x 3 = $41,031.69

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 43.56% is below guideline maximum 50%.

175   XXXXXX   XXXXXX   TN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrowers have44 months mortgage payment history 0x30.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 79.58%; guidelines allow 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 750 mid score > min required of 620

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
176   XXXXXX   XXXXXX   NE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   A   A   D   B   D   A   D   B   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL4033   Missing
Legal
Document(s)
  No   Title lists
CCRs
(covenants,
conditions and
restrictions)
on Schedule B
II, numbers
11-12. No
documentation
in file. If
verified a
PUD,
corrected
appraisal and
Mortgage with
PUD Rider
will be
required.
  7/29/2026:
Received
verification,
subject is
not in a
PUD.
  7/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV/CLTV of 80% is less than max allowed 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post-close assets are $315,444.91 or 34.363 months PITIA. Required PITIA reserves are $9,179.81 x 3 months = $27,539.43.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since 7/1/2018 (XXX) and 7/17/2017 (XXX.

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B1 has XXX income from XXX received since XXX not used to qualify. $3,043.33/mo.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 779 exceeds required FICO of 700.

176   XXXXXX   XXXXXX   NE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   A   A   D   B   D   A   D   B   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA score >
2.5. Clayton
to order
AVM.
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV/CLTV of 80% is less than max allowed 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post-close assets are $315,444.91 or 34.363 months PITIA. Required PITIA reserves are $9,179.81 x 3 months = $27,539.43.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since 7/1/2018 (XXX) and 7/17/2017 (XXX.

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B1 has XXX income from XXX received since XXX not used to qualify. $3,043.33/mo.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 779 exceeds required FICO of 700.

176   XXXXXX   XXXXXX   NE   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   D   A   D   B   A   A   D   B   D   A   D   B   A   A   Property
Valuations
  Property   Waived   B   B   B   B   PRVAPROP871   Property
Location
unacceptable
under
guidelines
  No   Ineligible
property type.
Property
zoned
agricultural
residential
district with
XXX acres.
This exceeds
max acreage
of 5.0 acres
per guidelines.
Note: XXX
exception in
file.
  7/29/2026:
Approved
waiver is in
the file for
acreage
exceeding
guides.
  7/29/2026:
Waived
non-
material.
  (No
Data)
  Not
Applicable
 

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV/CLTV of 80% is less than max allowed 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post-close assets are $315,444.91 or 34.363 months PITIA. Required PITIA reserves are $9,179.81 x 3 months = $27,539.43.

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since XXX.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Per WVOE/ VVOE, Borrower has been with current employer since 7/1/2018 (XXX) and 7/17/2017 (XXX.

CFCFS1749: Additional documented income not used in qualifying

- Clayton Comments: B1 has XXX income from XXX received since XXX not used to qualify. $3,043.33/mo.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Qualifying FICO of 779 exceeds required FICO of 700.

179   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.88%

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

258   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Loan file is
missing
Affiliate
Business
Disclosure.
FACTS
document
reflects
Lender has
Affiliates.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 26.36% is below guideline maximum 45%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 24 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 752 mid score > min required of 620

184   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 77.95%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.82% is below guideline maximum 45%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $40,314.57 or 4.92 months of PITI.Required reserves are $8,185.88 * 3 = $24,557.64.

185   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Required
Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 805 mid score > min required of 700

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.00%

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
186   XXXXXX   XXXXXX   IL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No
Data)
  (No
Data)
  (No
Data)
  Not
Applicable
 

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Been with current employer 15 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 760/minimum 720

189   XXXXXX   XXXXXX   MN   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 11.04%

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $111,390.51 / 16.35 months PITIA > min required of $28,944.96

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 779 mid score > min required of 700

190   XXXXXX   XXXXXX   SC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 735 mid score > min required of 700

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $175,723.54 or 22 months reserves, 3 months PITIA in reserves required or $23,273.01.

191   XXXXXX   XXXXXX   CO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets: $944,391.92; required reserves 18 x $15,918.63 = $286,535.34

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 40.84%; Max DTI is 50%

192   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is well below 50% program maximum. DU shows 8.99% DTI.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: B2 has been XXX for 18 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Only two open non-mortgage accounts.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 769 credit score exceeds 700 program minimum.

194   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $226,029.79.Required reserves are $7,986.24 x 3 = $23,958.72

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV is 80%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 37.15% is below guideline maximum 43%.

197   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 89.99%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.17%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 788 mid score > min required of 700

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition
Code
  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
198   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               CFCFS1744: DTI
below guideline
requirement

- Clayton Comments:
Borrower DTI is 8
points below
guideline maximum.

CFCFS1734:
Borrower has
significant time at
current job

- Clayton Comments:
Borrower has 11
years & 4 months at
current job

CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Borrower has 5.80
months of PITIA
reserves more than
the 3 months of
required reserves.

200   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               CFCFS1741: Credit
score exceeds
guidelines

- Clayton Comments:
751 mid score > min
required of 700.

CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post closing assets
$2,129,718.02/285.75
months PITIA > min
required of
$22,359.63.

CFCFS1737: LTV
below guideline
requirements

- Clayton Comments:
LTV is 80%;
guidelines allow
89.99%.

201   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post Close Assets are
$100,815.22 or 15.45
months of
PITI.Required PITI
reserves are
$6,524.26 X 3 =
$19,572.78

CFCFS2860: Good
credit history

- Clayton Comments:
Borrower has 0x30
for 135 months.

CFCFS1737: LTV
below guideline
requirements

- Clayton Comments:
LTV is 80%;
guidelines allow
89.99%.

205   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               CFCFS1741: Credit
score exceeds
guidelines

- Clayton Comments:
754 mid score > min
required of 700.

CFCFS5269:
Minimal use of credit

- Clayton Comments:
Minimal usage of
available revolving
credit lines @ 2.7%.

CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post closing assets
$335,932.16/ 33.83
months PITIA > min
required of
$29,190.81.

206   XXXXXX   XXXXXX   NJ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                               CFCFS1741: Credit
score exceeds
guidelines

- Clayton Comments:
Qualifying FICO of
808 exceeds required
FICO of 740.

CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post-close assets are
$4,366,468.38 or
245.965 months
PITIA. Total
Reserves required:
$392,721.38.Required
PITIA reserves are
$17,752.41 x 18
months =
$319,543.38.Required
multiple financed
properties reserves:
Home PITIA: $9,490
x 6 mos:
$56,940.XXX
balance monthly:
$16,238.

CFCFS2860: Good
credit history

- Clayton Comments:
No late payments
reporting on credit
report. Oldest
reported tradeline
opened October 2004.

CFCFS1734:
Borrower has
significant time at
current job

- Clayton Comments:
Per WVOE/ VVOE,
Borrower has been
with current employer
since 7/9/2018.

207   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Legal
Documents
  Satisfied   D   A   D   A   CRDLGL4033   Missing
Legal
Document(s)
  No   Missing
addenda/
disclosures
noted on
purchase
contract:
MC, Buyer
Agency,
Buyer
Adv.
  7/29/2026:
Received
all
additional
disclosures.
  7/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post-close assets are
$187,009.97 or 15.52
months PITIA.
Required PITIA
reserves (all
properties) are
$24,706.48 x 6
months =
$148,238.88.

CFCFS1742:
Consumer credit
history exceeds
guidelines

- Clayton Comments:
Qualifying FICO of
750 exceeds required
FICO of 700.

CFCFS1734:
Borrower has
significant time at
current job

- Clayton Comments:
Borrower has been
with XXX with main
business since XXX.

207   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   D   A   D   A   CRDTER2548   Missing
AUS or
AUS errors
present
  No   File
contains
both DU
and LP.
Per 1008
and Tape,
DU was
the AUS
used. File
contains
LP run
same date
XXX, with
later
timestamp.
Provide
verification
which
AUS was
used.
  7/23/2026:
Received
screenshot
showing
DU was
the AUS
used.
  7/23/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
  CFCFS1731: Verified
cash reserves exceed
guidelines

- Clayton Comments:
Post-close assets are
$187,009.97 or 15.52
months PITIA.
Required PITIA
reserves (all
properties) are
$24,706.48 x 6
months =
$148,238.88.

CFCFS1742:
Consumer credit
history exceeds
guidelines

- Clayton Comments:
Qualifying FICO of
750 exceeds required
FICO of 700.

CFCFS1734:
Borrower has
significant time at
current job

- Clayton Comments:
Borrower has been
with XXX with main
business since XXX.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
210   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 740 mid score > min required of 700.

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: Co-Borrower has significant time at current job of 10 years and 9 months.

CFCFS2854: Significant time in profession

- Clayton Comments: Significant time in profession of 18 years.

213   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Credit   Income/
Employment
  Active   B   B   B   B   CRDINC2496   Verbal
verification
of
employment
completed
outside the
stated
requirements
and/or after
closing/
funding
  No   For B2, file
is missing
VOE within
10 business
days prior
to closing.
VOE is
dated XXX
and loan
closedXXX.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has been in same profession for 16 years.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 4.37%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 mid score > min required of 700

215   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   C   B   C   B   CMPTRID5291   TRID: CD:
The amount
of Estimated
Escrow in
the
Projected
Payments
section is
inaccurate
  No   The Initial
Escrow
Account
Disclosure
Statement
shows the
escrow
payment of
$339.09
monthly.
The final
CD XXX
does not
match and
shows a
monthly
escrow
amount of
$1889.48.
  07.29.2026

Accurate
IEAD
provided.
  07.29.2026
-Exception
satisfied
  Numeric   Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 780 mid score > min required of 700.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.294%.

216   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has been with same employer since 2007.

CFCFS1736: Significant time at current residence

- Clayton Comments: Borrowers have lived at current residence for 13 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 credit score exceeds 620 program minimum.

264   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Terms/
Guidelines
  Satisfied   C   A   C   A   CRDTER3122   Loan
documents
do not meet
guideline
requirements
  No   Missing
sale
contract
addendum
showing
new sale
price of
$XXX
  7/14/2026:
Received
addendum
showing
$XXX
sales price.
  7/14/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 793 Median FICO > 93 points above guideline minimum of 700

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI is 37.22% > 12.79 points below guideline maximum of 50.00%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Borrowers have > 10.71 months PITIA above guideline minimum 0.00 months PITIA.

219   XXXXXX   XXXXXX   MO   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 mid score > min required of 700

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 5.60%

220   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 18.65% is below guideline maximum 45%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 66.65%; guidelines allow 89.99%.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has been in same profession for 13 years.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 800 mid score > min required of 620

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition
Code
  Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
221   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Reserves of 30.94 months exceeds the required 3 months reserves.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV of 77.43% is below the maximum allowable of 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score of 754 is above the required 700.

222   XXXXXX   XXXXXX   PA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 5 years at current job

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 12 years at current job

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 738 fico score exceeds guidelines 620

223   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 745 score exceeds the 720 minimum required.

CFCFS2854: Significant time in profession

- Clayton Comments: Borrower has 20 years in the same profession.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: $1,447,972.53 or 61.48 months of PITI.$23,552.29 * 18 = $423,941.22 reserves required.

224   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Assets: $240,063.21 reserve assets or 28 months of reserve PITI.Required reserves $8,320.35 x 3 = $24,961.05

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: No lates are on credit.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 734 credit score exceeds 620 program minimum.

225   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1744: DTI below guideline requirement

- Clayton Comments: DTI is 46.44%/maximum 50%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80.00%/maximum 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Credit score is 776/minimum 700

226   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: B1 has been XXX for over 10 years.

CFCFS3834: Borrower does not have any major mortgage related occurrences during the past two years

- Clayton Comments: 0 x 30 on credit for mortgage history.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 753 credit score exceeds program minimum of 640.

227   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6.70%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.999%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 803 mid score > min required of 700

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
228   XXXXXX   XXXXXX   AZ   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU/LCA
score is >2.5.
Clayton to
order Desk
Review.
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $175,296.22 or 22.66 months of PITI.Required PITI reserves are $7,735.85 x 3 = $23,207.55

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 73.82%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 27.54% is below guideline maximum 43%.

229   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3618   TRID -
Corrected CD
should have
been
provided;
Change of
Product or
Product
Feature not
disclosed at
least 3
business days
prior to
closing
  No   Please provide
confirmation
of receipt for
CD dated
XXX at least
3 days prior to
consummation
date of XXX.
  8/6/26 -
Lender
provided
confirmation
for initial
CD dated
XXX.
  8/6/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $1,402,580.83 exceed required reserves $30,794.16.

CFCFS2854: Significant time in profession

- Clayton Comments: 15 years in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 746 score exceeds the 700 minimum required.

229   XXXXXX   XXXXXX   NC   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Compliance   TILA/RESPA
Integrated
Disclosure
  Satisfied   C   A   C   A   CMPTRID3626   TRID - CD:
Loan
consummated
before end of
waiting period
  No   Please provide
confirmation
of receipt for
CD dated
XXX at least
3 days prior to
consummation
date of XXX.
  8/6/26 -
Lender
provided
confirmation
for initial
CD dated
XXX.
  8/6/26 -
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post close assets $1,402,580.83 exceed required reserves $30,794.16.

CFCFS2854: Significant time in profession

- Clayton Comments: 15 years in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 746 score exceeds the 700 minimum required.

230   XXXXXX   XXXXXX   NY   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: CLTV 70% below max CLTV 89.99%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: Fico 773 exceeds minimum fico of 720

CFCFS1735: Co-Borrower has significant time at current job

- Clayton Comments: 14 years at current job

CFCFS5269: Minimal use of credit

- Clayton Comments: credit utilization is only 14.70%

CFCFS2854: Significant time in profession

- Clayton Comments: B1 has been in the same profession for 20 years

231   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   TILA/RESPA
Integrated
Disclosure
  Satisfied   B   B   B   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   Zero
Tolerance Fee
fail for $40.00
due to
addition of
collateral
review fee.
Lender
provided
PCCD, copy
of check,
LOX, and
proof of
delivery.
Exception
satisfied.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $201631.77 or 25.69 months of P&I

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 711 fico score exceeds guidelines 700

232   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   Compliance   Documentation   Satisfied   D   A   D   A   CMPDOC869   Mortgage not
signed
  No   Mortgage was
not signed by
borrower 1 or
borrower 2.
  7/29/2026:
Received
DOT signed
as required.
  7/29/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 credit score exceeds 700 program minimum.

CFCFS3836: Borrower Net Worth

- Clayton Comments: Non-occupying borrowers have excellent net worth.

CFCFS1742: Consumer credit history exceeds guidelines

- Clayton Comments: No lates on credit.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0x30 on all mortgage loans.

234   XXXXXX   XXXXXX   TX   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 74.19%; guidelines allow 89.99%.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 797 mid score > min required of 700.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $122,016.82/11.54 months PITIA > min required of $31,725.18.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
235   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Credit   Credit/
Mtg
History
  Satisfied   C   A   C   A   CRDCRMH1805   Debts/
obligations
not
disclosed/
accounted
for at
origination
  No   Provide
evidence of
cancellation
of the
purchase
agreement
coinciding
with the
EMD of
$XXX
wired to
Placer Title
on XXX.
  8/7/2026: The
screenshot
received does not
specify deposit or
withdrawal or
amount.8/12/2026:
Received signed
canceled contract
for XXX.
  8/7/2026:
Exception
remains.8/12/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $824,295.17/72.71 months PITIA > min required of $34,011.33.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.40%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

236   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: Borrower has 9 years, 6 months with current employer.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 1.79%

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 776 mid score > min required of 700

237   XXXXXX   XXXXXX   GA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 36.55% is below guideline maximum 45%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post Close Assets are $231,510.80 or 31.22 months of PITI.Required PITI Reserves are $7,415.40 X 3 = $22,246.2

238   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   The
Affiliate
Business
Disclosure
is missing.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing Assets: $76,484.84; required $0.00 reserves

239   XXXXXX   XXXXXX   VA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 804 mid score > min required of 700

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 0.86%

CFCFS2854: Significant time in profession

- Clayton Comments: B2 has been in same profession for 45 years.

240   XXXXXX   XXXXXX   WI   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Affiliate
Business
Disclosure
missing
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0 x 30 in 66 months

CFCFS1737: LTV below guideline requirements

- Clayton Comments: 80% below max 89.99

241   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Compliance   RESPA   Active   B   B   B   B   CMPRESPA863   RESPA:
Required
Affiliate
Business
Disclosure
missing
  No   Missing
Affiliate
Business
Disclosure
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 3.703%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $248,718.08/26.64 months PITIA > min required of $28,013.31.

 


Deal
ID
  Loan
Number
  Original
Principal
Balance
  State   Initial
Lender
ATR/
QM
Status
  Loan
Level
ATR/
QM
Status
  Initial
Securitization
Overall Loan
Grade
  Final
Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final
Securitization
Credit Loan
Grade
  Initial
Securitization
Property
Valuations
Loan Grade
  Final
Securitization
Property
Valuations
Loan Grade
  Initial
Securitization
Compliance
Loan Grade
  Final
Securitization
Compliance
Loan Grade
  Initial
S&P
Overall
Loan
Grade
  Final
S&P
Overall
Loan
Grade
  Initial
S&P
Credit
Loan
Grade
  Final
S&P
Credit
Loan
Grade
  Initial
S&P
Property
Valuations
Loan
Grade
  Final S&P
Property
Valuations
Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Condition
Category
  Condition
Sub
Category
  Condition
Status
  Initial
Securitization
Condition
Grade
  Final
Securitization
Condition
Grade
  Initial
S&P
Condition
Grade
  Final
S&P
Condition
Grade
  Condition Code   Condition
Description
  Condition
Material
Indicator
  Initial
Comments
  Client/
Seller
Response
Comments
  Conclusion
Comments
  TRID
Error
Type
  Cure
Method
  Compensating
Factors
242   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   CU score
is >2.5.
Clayton
to order
AVM.
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: Post closing assets $392,789.48 / 45.97 months PITIA > min required of $25,635.36.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 11.167%.

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 80%; guidelines allow 89.99%.

243   XXXXXX   XXXXXX   WA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 7687 score exceeds the 700 minimum required.

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: ASSETS: $371,466.30 — $242,094.03 CTC — $50,000 EMD = $79,372.27 reserves.No reserves required per AUS.$8,426.18 * 3 = $25,278.54 reserves required.

CFCFS2854: Significant time in profession

- Clayton Comments: 45 years in profession.

244   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1739: Positive mortgage payment history

- Clayton Comments: 0 x 30 in 41 months

CFCFS1734: Borrower has significant time at current job

- Clayton Comments: 16+ years at same job

245   XXXXXX   XXXXXX   FL   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 2.28%

CFCFS1737: LTV below guideline requirements

- Clayton Comments: LTV is 75%; guidelines allow 89.99%.

CFCFS1739: Positive mortgage payment history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 815 mid score > min required of 720

CFCFS1744: DTI below guideline requirement

- Clayton Comments: Borrowers DTI 25.01% is below guideline maximum 45%.

246   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Compliance   TILA/
RESPA
Integrated
Disclosure
  Satisfied   B   B   B   B   CMPTRID3670   TRID - Zero
tolerance fee
or fees
increased at or
prior to
closing
without a
valid reason
or not timely
disclosed;
refund
required
within 60
days of
consummation
  No   Appraisal
fee
increased
from
$675 on
LE XXX
to $800
on LE
XXX
without
proper
COC. A
PCCD
was
mailed to
borrower
on 07/07
with a
proper
lender
credit
disclosed
on the
CD for
the $125
fee
violation
and the
package
included
a check to
refund
the
borrower
of the full
$125
violation.
Corrected
on
PCCD.
Exception
satisfied.
  (No Data)   (No Data)   (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have268 months mortgage payment history 0x30.

246   XXXXXX   XXXXXX   UT   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Property
Valuations
  Appraisal   Satisfied   D   A   D   A   PRVAAPPR3116   Missing
updated
valuation
  No   LCA
score 4.5.
Clayton
to order
AVM.
  7/31/2026:
Received
AVM
supporting
value.
  7/31/2026:
Exception
satisfied.
  (No
Data)
  Not
Applicable
 

CFCFS2860: Good credit history

- Clayton Comments: Borrower has 0x30 for 24 months.

CFCFS5269: Minimal use of credit

- Clayton Comments: Minimal usage of available revolving credit lines @ 6%

CFCFS1740: Mortgage payment history exceeds guidelines

- Clayton Comments: Borrowers have268 months mortgage payment history 0x30.

247   XXXXXX   XXXXXX   CA   QM:
Safe
Harbor
(APOR)
  QM:
Safe
Harbor
(APOR)
  A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A                                                              

CFCFS1731: Verified cash reserves exceed guidelines

- Clayton Comments: total reserves = $2,240,045.23 post close reserves.$23,621.01 PITI * 18 = $425,178.18 reserves required.

CFCFS2854: Significant time in profession

- Clayton Comments: 20 and 10 years in profession.

CFCFS1741: Credit score exceeds guidelines

- Clayton Comments: 794 score exceeds the 740 minimum required.


Client Name:    PennyMac
Client Project Name:    PNMAC PMTLT 2026-J5_J17174
Conditions Report 2.0   
Loans in Report:    132
Loans with Conditions:    64

 

Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final Securitization
Credit Loan Grade
  Initial
Securitization Property
Valuations
Loan Grade
  Final Securitization
Property
Valuations Loan
Grade
  Initial
Securitization
Compliance
Loan Grade
  Final Securitization
Compliance
Loan Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Credit
Loan Grade
  Final S&P Credit
Loan Grade
  Initial S&P Property
Valuations Loan
Grade
  Final S&P Property
Valuations Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Did Lender
Acknowledge
Exception at
Origination
55   XXXXXX   XXXXXX   XXXXXX   D   B   C   A   A   A   D   B   D   B   C   A   A   A   D   B   Not
Applicable
59   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   No
60   XXXXXX   XXXXXX   XXXXXX   C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Not
Applicable
62   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
263   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
65   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
66   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   A   A   D   A   D   A   C   A   A   A   D   A   No
68   XXXXXX   XXXXXX   XXXXXX   D   B   D   B   A   A   A   A   D   B   D   B   A   A   A   A   Not
Applicable
70   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   Not
Applicable
71   XXXXXX   XXXXXX   XXXXXX   C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Not
Applicable
72   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
250   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
73   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   No
74   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
75   XXXXXX   XXXXXX   XXXXXX   B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Not
Applicable
76   XXXXXX   XXXXXX   XXXXXX   D   A   C   A   D   A   A   A   D   A   C   A   D   A   A   A   No
78   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
79   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
256   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
80   XXXXXX   XXXXXX   XXXXXX   D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   Not
Applicable
249   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
82   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
83   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
84   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
89   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
91   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
92   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
93   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
253   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
94   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
257   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
95   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   Not
Applicable
96   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
97   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
98   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
99   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
259   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
100   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
261   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   No
102   XXXXXX   XXXXXX   XXXXXX   D   B   D   A   A   A   B   B   D   B   D   A   A   A   B   B   No
104   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final Securitization
Credit Loan Grade
  Initial
Securitization Property
Valuations
Loan Grade
  Final Securitization
Property
Valuations Loan
Grade
  Initial
Securitization
Compliance
Loan Grade
  Final Securitization
Compliance
Loan Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Credit
Loan Grade
  Final S&P Credit
Loan Grade
  Initial S&P Property
Valuations Loan
Grade
  Final S&P Property
Valuations Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Did Lender
Acknowledge
Exception at
Origination
105   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
266   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
107   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
262   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
267   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   No
110   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
112   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   D   A   A   A   D   A   D   A   D   A   A   A   Not
Applicable
113   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
260   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
114   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   A   A   D   B   D   B   A   A   A   A   D   B   No
122   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
123   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
251   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
125   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
127   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
128   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   No
131   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
133   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
134   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
136   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   Not
Applicable
137   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
138   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
139   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
140   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
141   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
142   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
146   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   D   A   D   A   A   A   D   A   D   A   Not
Applicable
147   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   C   A   A   A   C   A   A   A   C   A   A   A   Not
Applicable
254   XXXXXX   XXXXXX   XXXXXX   C   B   B   B   A   A   C   B   C   B   B   B   A   A   C   B   Not
Applicable
252   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
151   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
154   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
155   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
156   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
157   XXXXXX   XXXXXX   XXXXXX   C   B   A   A   C   A   B   B   C   B   A   A   C   A   B   B   Not
Applicable
161   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
162   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
265   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
255   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   D   A   D   A   D   A   A   A   D   A   Not
Applicable
175   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
176   XXXXXX   XXXXXX   XXXXXX   D   B   D   A   D   B   A   A   D   B   D   A   D   B   A   A   Not
Applicable
179   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
258   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
184   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
185   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
186   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
189   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
190   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
191   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
192   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable


Deal
ID
  Loan
Number
  Lender
Application
Date
  Broker Application
Date
  Initial Securitization
Overall Loan Grade
  Final Securitization
Overall Loan
Grade
  Initial
Securitization
Credit Loan
Grade
  Final Securitization
Credit Loan Grade
  Initial
Securitization Property
Valuations
Loan Grade
  Final Securitization
Property
Valuations Loan
Grade
  Initial
Securitization
Compliance
Loan Grade
  Final Securitization
Compliance
Loan Grade
  Initial S&P Overall
Loan Grade
  Final S&P Overall
Loan Grade
  Initial S&P Credit
Loan Grade
  Final S&P Credit
Loan Grade
  Initial S&P Property
Valuations Loan
Grade
  Final S&P Property
Valuations Loan
Grade
  Initial S&P
Compliance
Loan Grade
  Final S&P
Compliance
Loan Grade
  Did Lender
Acknowledge
Exception at
Origination
194   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
197   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
198   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
200   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
201   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
205   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
206   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
207   XXXXXX   XXXXXX   XXXXXX   D   A   D   A   A   A   A   A   D   A   D   A   A   A   A   A   Not
Applicable
210   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
213   XXXXXX   XXXXXX   XXXXXX   B   B   B   B   A   A   A   A   B   B   B   B   A   A   A   A   Not
Applicable
215   XXXXXX   XXXXXX   XXXXXX   C   B   A   A   A   A   C   B   C   B   A   A   A   A   C   B   Not
Applicable
216   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
264   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   No
219   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
220   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
221   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
222   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
223   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
224   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
225   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
226   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
227   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
228   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
229   XXXXXX   XXXXXX   XXXXXX   C   A   A   A   A   A   C   A   C   A   A   A   A   A   C   A   No
230   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
231   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
232   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   A   A   D   A   D   A   A   A   A   A   D   A   Not
Applicable
234   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   No
235   XXXXXX   XXXXXX   XXXXXX   C   A   C   A   A   A   A   A   C   A   C   A   A   A   A   A   Not
Applicable
236   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
237   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
238   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
239   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
240   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   Not
Applicable
241   XXXXXX   XXXXXX   XXXXXX   B   B   A   A   A   A   B   B   B   B   A   A   A   A   B   B   No
242   XXXXXX   XXXXXX   XXXXXX   D   A   A   A   D   A   A   A   D   A   A   A   D   A   A   A   Not
Applicable
243   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
244   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
245   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable
246   XXXXXX   XXXXXX   XXXXXX   D   B   A   A   D   A   B   B   D   B   A   A   D   A   B   B   Not
Applicable
247   XXXXXX   XXXXXX   XXXXXX   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   A   Not
Applicable