Loan ID

Customer Loan ID

Seller Loan ID

Note Date

Original Loan Amount

Last Name

Property State

Occupancy

Purpose

Originator QM Status

TPR QM Status

Exception ID

Exception Number

Exception Date

Exception Type

Exception Subcategory

Exception

Exception Remedy

Rebuttal

TPR Response

Compensating Factors

Status Update Date

Finding Status

Initial Exception Grade

Final Exception Grade

Initial Loan Grade

Final Loan Grade

2026050343

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050343

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050343

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050344

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 4

XXX

Compliance

XXX - Loan Estimate Disclosure Received and Intent To Proceed

The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX). A consumer cannot indicate an intent to proceed with a transaction until it receives the Loan Estimate. Under Regulation Z, neither a creditor nor any other person may impose a fee, other than a credit report fee, before the consumer has received the Loan Estimate and indicated to the creditor an intent to proceed with the transaction described by the Loan Estimate. (12 CFR 1026.19(e)(2)(i)(A)) The date the consumer indicated an intent to proceed with a transaction (XXX) is before the date the consumer received the Loan Estimate (XXX).

Document Uploaded. Supporting Document - XXX

Received ICD - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050344

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 4

XXX

Compliance

Federal - Loan Estimate Mailed/Delivered Within XXX Business Days of Application

The Initial Disclosure Date (XXX) is more than XXX business days from the Application Date (XXX). XXX business days from the Application Date is (XXX). Under Regulation Z, a Loan Estimate must be delivered or placed in the mail not later than the XXX business day after receiving a consumer's application.(12 CFR 1026.19(e)(1)(iii)) Missing Initial XXX dated XXX

Document Uploaded. Supporting Document - XXX

Received ICD - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050344

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050344

XXX

Non-QM: Lender documented all ATR UW factors

XXX

4 of 4

XXX

Credit

Asset 1 Does Not Meet Guideline Requirements

Asset does not meet G/L Requirements. Missing XXX XXX statement for account XXX with a balance of $XXX

Document Uploaded. XXX - XXX

XXX XXX statement provided. Condition resolved. - XXX

Document Uploaded. XXX - XXX

XXX

Resolved

2026050362

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050362

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050362

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050380

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

Missing letter of explanation

Borrower to address address discrepancy - final 1003 for primary is showing on page XXX XXX, XXXand in the schedule of REO is XXX, XXX

Document Uploaded. 1. Address Explanation - Error.

2. 1003 - Corrected. - XXX

LOE and updated 1003 provided. Condition resolved. - XXX

Document Uploaded. 1. Address Explanation - Error.

2. 1003 - Corrected. - XXX

XXX

Resolved

2026050380

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050380

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050387

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

Program Parameters - Currently Listed for Sale

The property is currently listed for sale or was sold. Guidelines state for recently listed properties to use the listing price. The LTV is based on the appraised value. A formal exception is in the file.

Loan approved based on Credit Score, DSCR, LTV and mortgages paid as agreed.

XXX

Waived

2026050387

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050387

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050407

XXX

ATR/QM: Exempt

XXX

1 of 5

XXX

Credit

Borrower 1 Credit Report is Missing

Borrower 1 credit report is missing. Missing credit report.

Document Uploaded. Joint Credit Report. - XXX

Borrower 1 Credit Report is not missing. - XXX

Credit report provided. Condition resolved. - XXX

Document Uploaded. Joint Credit Report. - XXX

XXX

Resolved

2026050407

XXX

ATR/QM: Exempt

XXX

2 of 5

XXX

Credit

Borrower 2 Credit Report is Missing

Borrower 2 credit report is missing. Missing credit report.

Document Uploaded. Joint Credit Report. - XXX

Borrower 2 Credit Report is not missing. - XXX

Credit report provided. Condition resolved. - XXX

Document Uploaded. Joint Credit Report. - XXX

XXX

Resolved

2026050407

XXX

ATR/QM: Exempt

XXX

3 of 5

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050407

XXX

ATR/QM: Exempt

XXX

4 of 5

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Missing XXX month mortgage history with XXX XXX for the borrowers' primary residence located at XXX, XXX Housing history does not meet guideline requirements.

Document Uploaded. XXX Reporting XXX months rated, XXX. - XXX

Credit report provided. Mortgage history on CR. Condition resolved. -XXX

Document Uploaded. XXX Reporting XXX months rated, XXX. - XXX

XXX

Resolved

2026050407

XXX

ATR/QM: Exempt

XXX

5 of 5

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 6

XXX

Compliance

XXX: Missing Loan Estimate

Missing Initial XXX

Document Uploaded. Supporting Document - XXX

Received XXX - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 6

XXX

Credit

Borrower 1 3rd Party VOE Prior to Close Missing

Borrower 1 3rd party VOE prior to close missing. Missing a 3rd party verification that the business is in existence, in good standing and active.

Document Uploaded. 3rd party verification

- XXX

Borrower 1 3rd Party VOE prior to close was provided. - XXX

Good standing doc provided. Condition resolved. - XXX

Document Uploaded. 3rd party verification

-XXX

XXX

Resolved

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 6

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

4 of 6

XXX

Credit

Audited FICO is less than Guideline FICO

Audited FICO is less than guideline FICO. The LTV is XXX% with a credit score of XXX. The minimum credit score per guidelines is XXX. Borrower does not meet guidelines.

Document Uploaded. REBUTTAL - XXX

Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - XXX

Matrix dated XXX for XXX Expert Enhanced reflects a minimum FICO of XXX. Condition voided. -XXX

Condition upheld. XXX TPO guidelines provided dated XXX. XXX TPO Guideline dated XXX was used by UW. - XXX

Document Uploaded. REBUTTAL - XXX

XXX

Resolved

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

5 of 6

XXX

Compliance

Lender Credits That Cannot Decrease Test (Fees-Limited)

The baseline amount of non-specific (lump sum) lender credits and specific lender credits is ($XXX). The actual total fee amount shows a credit amount of ($XXX). The following actual fees submitted as "lender credits" have decreased below their baseline amounts (General Lender Credit). Non-specific lender credits are generalized payments that do not pay for a particular fee. Specific lender credits are specific payments to pay for a specific fee. The total amount of non-specific and specific lender credits cannot decrease unless a new disclosure is provided and there is a valid changed circumstance associated with the re-disclosure. (12 CFR 1026.19e)(3) and comments 19(e)(3)-5 and -6; 12 CFR 1026.37(g)(6); 12 CFR 1026.38(h)). Lender credit was removed on the XXX XXX without a valid XXX

Document Uploaded. 1. CD for For XXX

2. XXX for XXX

- XXX

Document Uploaded. Supporting doc - XXX

Received XXX for increased fee - XXX

Document Uploaded. 1. CD for For XXX

2. CIC for XXX

- XXX

Received additional copy of intial disclosures. This finding is for missing XXX. Discount Points were added to the XXX XXX and were increased on the XXX CD. A valid XXX was not provided for either addition/increase - XXX

Document Uploaded. Supporting doc - XXX

XXX

Resolved

2026050437

XXX

Non-QM: Lender documented all ATR UW factors

XXX

6 of 6

XXX

Compliance

Insufficient Change of Circumstance (XXX)

The amounts disclosed on the last Closing Disclosure for the following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the last Closing Disclosure and placed within the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed, or the creditor provides an additional credit for the increase in Closing Costs above the legal limit. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4); 12 CFR 1026.19(f)(2)(v)). Points were added to the XXX XXX and were increased on the XXX CD. A valid XXX was not provided for either addition/increase

Document Uploaded. 1. CD for For XXX

2. XXX for XXX

- XXX

Document Uploaded. Supporting doc - XXX

Received XXX for increased fee - XXX

Document Uploaded. 1. CD for For XXX

2. XXX for XXX

- XXX

Document Uploaded. Supporting doc - XXX

XXX

Resolved

2026050443

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050443

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050443

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Verification Documentation - VOM Missing/Incomplete

The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Provide required housing history VOM with XXX XXX on primary residence XXX

Document Uploaded. 1. Credit XXX = Mortgage Rating Explanation.

2. VOM.

- XXX

Docs provided. Condition resolved. - XXX

Document Uploaded. 1. Credit XXX = Mortgage Rating Explanation.

2. VOM.

- XXX

XXX

Resolved

2026050434

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Appraisal - Incomplete/Signature

The Appraisal Signature section is incomplete. Missing signed copy of the appraisal report.

Document Uploaded. Supporting Document - XXX

Updated appraisal provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050434

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050434

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050318

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050318

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. Approved exception is present in file for housing history less than XXX months

Credit score XXX points above minimum. DSCR XXX above minimum

XXX

Waived

2026050318

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050319

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

1 of 3

XXX

Compliance

Charges That Cannot Increase Test (XXX)

The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The Notice of Change of Circumstances document was not provided to support the increase in points, and no cure was applied on the Final CD to cover the resulting increase in fees.

Document Uploaded. Supporting Document - XXX

Received XXX for the incrased fee - XXX

Resolved - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050319

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050319

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

3 of 3

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and employment do not meet guidelines. Missing the XXX XXX for account XXX. Note: Currently the audited income is $XXX and lender calculated the income as $XXX. Loan is subject to re-evaluation once the XXX statement is received.

Document Uploaded. Supporting Document -XXX

XXX Bank statement provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050322

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050322

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX % and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050322

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Credit

Borrower 1 Deed of Trust Signature does not match Note

Borrower 1 Signature does not match Note Signature. The Mortgage was vested and executed in the name of a corporation, when the Note was executed in the Guarantors' names individually.

Document Uploaded. Supporting Document -XXX

Updated Note provided. Condition resolved. - XXX

The XXX names match. - XXX

Borrower 1 Signature matches Note -XXX

The XXX names match. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050322

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Credit

XXX: Operating Agreement Doc is Missing

The loan file does not contain the XXX: Operating Agreement. Corporation vested per Mortgage, to confirm that the Guarantors that executed the legal documents were authorized to do so in the name of the Corporation. Operating Agreement in file pertains to the Seller.

Document Uploaded. supporting docs - XXX

Document Uploaded. Supporting Document - XXX

XXX: Operating Agreement provided. Condition resolved. - XXX

Document Uploaded. supporting docs - XXX

Condition upheld. Operating agreement for XXX provided. Provided operating agreement for XXX & XXX. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050323

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050323

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX % and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050323

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050324

XXX

ATR/QM: Exempt

XXX

1 of 7

XXX

Credit

XXX: EIN Doc is Missing

The loan file does not contain the XXX: EIN documentation. Missing the business entity information that list the EIN number for XXX

Document Uploaded. Supporting Document - XXX

XXX: XXX documentation provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050324

XXX

ATR/QM: Exempt

XXX

2 of 7

XXX

Credit

XXX: Operating Agreement Doc is Missing

The loan file does not contain the XXX: Operating Agreement. Missing the Articles of Organization with borrower's ownership percentage

Document Uploaded. Supporting Document - XXX

XXX: Operating Agreement provided. Condition resolved. -XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050324

XXX

ATR/QM: Exempt

XXX

3 of 7

XXX

Credit

XXX Amount is less than Required Coverage Amount

Coverage Amount - Hazard insurance amount is less than required coverage amount. Hazard Insurance Coverage Amount of $XXX is less than Total Amount of Subject Lien(s) of $XXX

Document Uploaded. Supporting Document - XXX

XXX provided. Condition resolved. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050324

XXX

ATR/QM: Exempt

XXX

4 of 7

XXX

Credit

Approval/Underwriting Summary Not Provided - XXX

The loan did not contain the Approval/Underwriting Summary. Missing the Underwriting Summary/ 1008.

Document Uploaded. Supporting Document - XXX

Document Uploaded. Supporting Document -XXX

Received approval and 1008 - XXX

Document Uploaded. Supporting Document - XXX

Condition upheld. 1008 provided. Provide UW Approval that list the terms of the loan. - XXX

Document Uploaded. Supporting Document - XXX

Condition upheld. 1008 provided. Provide UW Approval Summary. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050324

XXX

ATR/QM: Exempt

XXX

5 of 7

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050324

XXX

ATR/QM: Exempt

XXX

6 of 7

XXX

Credit

Verification Documentation - VOM Missing/Incomplete

The mortgage history in the loan file was incomplete or missing. The loan file did not contain a Verifiction of Mortgage as required. Provide VOM on subject from XXX being paid off

Document Uploaded. Supporting Document - XXX

VOM provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050324

XXX

ATR/QM: Exempt

XXX

7 of 7

XXX

Property

Missing Doc - 3rd Party Valuation Product/Missing

The loan file did not contain the required 3rd party valuation product.

Document Uploaded. Supporting Document - XXX

3rd party valuation provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050325

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Value - Field Review Supports Value within XXX%

A XXX Review was performed. The original appraised value is supported with a variance within XXX%.

XXX

Cleared

2026050325

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050325

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. Cash-out Limit - Cash-out to the borrower limited to the greater of $XXX or XXX% of the loan amount. Borrower received $XXX cash back.

Document Uploaded. Supporting Document - XXX

PCCD provided. Borrower received $XXX cash back. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050326

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050326

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050326

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050328

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050328

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. Approved exception is present in file for XXX.

Credit score XXX points above minimum. DSCR .XXX above minimum. Reserves exceed required by XXX months. Credit history XXX.

XXX

Waived

2026050328

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050329

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

Charges That Cannot Increase Test (XXX)

The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Points - Loan Discount Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). Notice of Change Circumstances Reasons document was not provided for increase in Points.

Document Uploaded. Supporting Documents -XXX

Document Uploaded. Supporting Document - XXX

Received lock confirmation to confirm lock date of XXX. - XXX

Document Uploaded. Supporting Documents - XXX

Update: The XXX issued XXX was inadvertantly missed by review team. Please provide evidence of the XXX sheet associated with the XXX to clear the condition. - XXX

Please see comment below. I found no additional information/explanation uploaded for the discount points. - XXX

Document Uploaded. Supporting Document - XXX

The XXX in the file, issued XXX discloses "XXX". I am unfamiliar with that expression and per documentation in the file the rate was locked XXX and there is no XXX for XXX on that date. Provide explanation/documentation for the discount points charged. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050329

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050329

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Credit

Income - Income Documentation Missing

The loan file did not contain the required income documentation. XXX bank statement is missing.

Document Uploaded. Supporting Documents - XXX

Bank Statement provided. Condition resolved. -XXX

Document Uploaded. Supporting Documents - XXX

XXX

Resolved

2026050330

XXX

ATR/QM: Exempt

XXX

1 of 5

XXX

Compliance

The Note is Incomplete

The Note is incomplete. Missing the XXX to the Note.

Document Uploaded. Supporting Document -XXX

Received the prepayment XXX - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050330

XXX

ATR/QM: Exempt

XXX

2 of 5

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Housing history does not meet guideline requirements. It does not appear the borrower meets the minimum XXX month housing history requirement.

Document Uploaded. exception form and approval to clear the LTV and housing history suspense conditions - XXX

Exception approval provided. - XXX

Document Uploaded. exception form and approval to clear the LTV and housing history suspense conditions - XXX

Credit score is XXX above min and reserves are XXX above XXX. DSCR is .XXX above minimum with credit history showing XXX.

XXX

Waived

2026050330

XXX

ATR/QM: Exempt

XXX

3 of 5

XXX

Credit

Title Document is Partially Present

Title document is incomplete or only partially present. File is missing either a XXX XXX/XXX, XXX, XXX, or XXX. Please supply both required Title documents. Missing a title supplement with the property address.

Document Uploaded. Supporting Document

- XXX

LOE provided. State of XXX requires the legal description to be on title and not the property address. Condition resolved. - XXX

Document Uploaded. Supporting Document

- XXX

XXX

Resolved

2026050330

XXX

ATR/QM: Exempt

XXX

4 of 5

XXX

Credit

Audited LTV Exceeds Guideline LTV

Audited LTV exceeds guideline LTV. The borrower appears to be a first time investor. The maximum LTV is XXX%. Please provide a formal exception or proof the borrower is an experienced investor.

Document Uploaded. exception form and approval to clear the LTV and housing history suspense conditions -XXX

Exception approval provided. -XXX

Document Uploaded. exception form and approval to clear the LTV and housing history suspense conditions -XXX

Credit score is XXX above min and reserves are XXX above XXX. DSCR is .XXX above minimum with credit history showing XXX.

XXX

Waived

2026050330

XXX

ATR/QM: Exempt

XXX

5 of 5

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050332

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. Loan is vested in a XXX, which is not allowed per guidelines. A formal exception is in the file for the layered entity and no EIN, but missing XXX email approving these exceptions. N for the XXX.

Document Uploaded. Attached is the XXX approval for this one.

- XXX

Exception approval provided. Condition waived. -XXX

Document Uploaded. Attached is the XXX approval for this one.

- XXX

Credit Score: XXX above min

DSCR: .XXX above min

Credit History: XXX for at least XXX mos

LTV: XXX below max

XXX

Waived

2026050332

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050332

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050334

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050334

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050334

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050335

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050335

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050335

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Credit

Program Parameters - Back End DTI

The subject loan does not meet program parameters for back end DTI. The back end DTI exceeds the maximum allowed back end DTI per guidelines. Originator subject ITI $XXX debts $XXX income $XXX other property negative rental PITI $XXX DTI XXX%

QC subject PITI $XXX debts $XXX income $XXX other property negative rental PITI $XXX DTI XXX%

Section 5.3.4 of the XXX guideline indicates the proper way to calculate the qualifying payment when the loan is interest only, condition remains.

Document Uploaded. - XXX

Document Uploaded. supporting docs - XXX

Document Uploaded. Supporting docs - XXX

Document Uploaded. Supporting Document - XXX

Document Uploaded. Per UW'ing (Updated 1008 provided)--"They're calculating PITIA instead of ITIA (I/O loan XXX months): $XXX is correct (not: $XXX).

>> For verification, I removed the XXX months to calculate PITIA and the total amount is $XXX. I'm unsure how they reached $XXX. I verified the P&I ($XXX); HOI ($XXX/mo); Tax ($XXX/mo), and confirmed no HOA. Liabilities are $XXX (agree). Liabilities in our LOS show $XXX (Diff of $XXX - all of which are XXX and utility self-reported that should not have been included). *I didn't see anything in the guidelines to include them. DTI went from XXX% to XXX. Income: $XXX (they excluded $XXX in bonus for B1). Negative rental $XXX (agree). " - XXX

Exception approval provided for DTI XXX% - XXX

Document Uploaded. - XXX

Document Uploaded. supporting docs -XXX

Condition upheld. Exception provided is not for the subject loan. - XXX

Document Uploaded. Supporting docs - XXX

Condition upheld. Per Section XXX of the XXX guideline interest only loans locked as fixed rate are calculated using the fully amortized payment over the fully amortized term of the loan using the note rate. The fully amortized PITIA for the subject loan is $XXX. - XXX

Document Uploaded. Supporting Document - XXX

Document Uploaded. Per UW'ing (Updated 1008 provided)--"They're calculating PITIA instead of ITIA (I/O loan XXX months): $XXX is correct (not: $XXX).

>> For verification, I removed the XXX months to calculate PITIA and the total amount is $XXX. I'm unsure how they reached $XXX. I verified the P&I ($XXX); HOI ($XXX/mo); Tax ($XXX/mo), and confirmed no HOA. Liabilities are $XXX (agree). Liabilities in our XXX show $XXX (Diff of $XXX - all of which are XXX and utility self-reported that should not have been included). *I didn't see anything in the guidelines to include them. DTI went from XXX% to XXX. Income: $XXX (they excluded $XXX in bonus for B1). Negative rental $XXX (agree). " - XXX

FICO XXX over min for cash out; XXX months reserves

XXX

Waived

2026050337

XXX

ATR/QM: Exempt

XXX

1 of 2

XXX

Credit

Asset XXX Missing

Asset documentation is missing from the file. Missing evidence of the XXX exchange funds in the amount of $XXX

Document Uploaded. 1031 docs

- XXX

1031 exchange funds provided. Condition resolved. - XXX

Document Uploaded. 1031 docs

- XXX

XXX

Resolved

2026050337

XXX

ATR/QM: Exempt

XXX

2 of 2

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050338

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050338

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

XXX: EIN Doc is Missing

The loan file does not contain the XXX: EIN documentation. Missing the EIN documentation for XXX.

Document Uploaded. Supporting Document - XXX

XXX: XXX documentation provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050338

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050340

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050340

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050340

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050342

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050342

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050342

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050349

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050349

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050349

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050350

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050350

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050350

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050351

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 4

XXX

Compliance

Missing evidence of rate lock

Missing evidence of XXX. There is not a XXX confirmation date in the file.

Document Uploaded. Supporting Document - XXX

Evidence of XXX Provided - XXX

Received lock confirmation - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050351

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 4

XXX

Credit

Borrower 1 XXX Credit Report is Missing

Document Uploaded. Supporting Document - XXX

XXX CR provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050351

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050351

XXX

Non-QM: Lender documented all ATR UW factors

XXX

4 of 4

XXX

Credit

Liabilities - Not Verified

The application lists debts that were not verified on the credit report and not independently verified. Documentation of new XXX installment is missing.

Document Uploaded. Supporting Document - XXX

XXX docs provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050352

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050352

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050352

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050354

XXX

ATR/QM: Exempt

XXX

1 of 6

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050354

XXX

ATR/QM: Exempt

XXX

2 of 6

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050354

XXX

ATR/QM: Exempt

XXX

3 of 6

XXX

Credit

Missing Business Purpose XXX

File is missing statement of business purpose. Missing a signed Business Purpose and Occupancy Affidavit.

Document Uploaded. Supporting Document - XXX

Business Purpose & Occupancy Affidavit provided. Condition resolved. -XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050354

XXX

ATR/QM: Exempt

XXX

4 of 6

XXX

Credit

Business Purpose - Loan Guaranty/Missing

The Personal Loan Guaranty is missing. Missing a signed Personal Guaranty from XXX; the Guaranty in the file is not acceptable.

Document Uploaded. Supporting Document - XXX

The Personal Loan Guaranty provided. Condition resolved. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050354

XXX

ATR/QM: Exempt

XXX

5 of 6

XXX

Credit

XXX: Operating Agreement Doc is Incomplete

The XXX: Operating Agreement in file is incomplete. Missing a signed copy of the Operating Agreement for XXX.

Document Uploaded. Supporting Document - XXX

XXX: Operating Agreement provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050354

XXX

ATR/QM: Exempt

XXX

6 of 6

XXX

Credit

Program Parameters - Borrower/Business Entity Ineligibility

Program Parameters - Borrower/Business Entity Ineligibility. XXX is a layered entity.

Document Uploaded. Supporting Document - XXX

Exception approval provided. - XXX

Document Uploaded. Supporting Documents -XXX

The credit score XXX pts above with the reserves at XXX months. The DSCR is .XXX above minimum required. The credit history is XXX. The LTV is XXX% below max.

XXX

Waived

2026050355

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050355

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050355

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050357

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050357

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050357

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050358

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050358

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050358

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050359

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050359

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Credit

Liabilities - REO

The loan file did not contain sufficient documentation to verify debts associated with all other properties. Primary mortgage is P&I only. HOA dues are $XXX. Missing documentation of homeowner insurance and property taxes for primary residence.

Document Uploaded. Supporting Document - XXX

UW email and property report provided. Subject is a XXX Co-op and property taxes are included in the HOA dues. Homeowners Insurance included in HOA. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050359

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050359

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Property

XXX - Warrantability

XXX project is not warrantable, or documentation not provided to determine warrantability Guidelines allow for non-warrantable XXX projects single entity ownership up to XXX% and investor concentration up to XXX%. The subject project single entity ownership exceeds XXX% and exceeds XXX% investor concentration - A formal exception is in file.

Compensating factors used were XXX month reserves, XXX credit score, XXX mortgage history, and LTV of XXX%.

XXX

Waived

2026050365

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050365

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

Named Insured on Hazard Insurance does not match Borrower(s) Name(s)

Named insured does not match borrower(s) name(s). Missing updated XXX reflecting the borrower's name as the insured.

Document Uploaded. Supporting Document - XXX

Updated Hazard insurance provided. Condition resolved. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050365

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050366

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Credit

Audited LTV Exceeds Guideline LTV

Audited LTV exceeds guideline LTV. Please note that borrowers are a First-time investor Max LTV XXX% and calculated XXX%.

Please note compensating Factors: Credit history supports ability to repay. Own primary home over XXX years XXX. No derogatory marks in XXX years. Self emloyed borrower owning multiple business shows experience managing.

XXX

Waived

2026050366

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. Please note that there is an exception in file. Unable to locate exception approval.

Document Uploaded. excetpion approval

-XXX

Exception approval provided. - XXX

Document Uploaded. excetpion approval

- XXX

The credit score is XXX, with reserves at XXX months. The credit history is XXX.

XXX

Waived

2026050366

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050366

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Property

Appraisal - Photos Missing

The loan file did not contain appraisal photos as required. Per the guidelines color photo's are to be provided for the subject and comparables.

Document Uploaded. appraisal with colored photos

- XXX

Appraisal photos provided. Condition resolved. - XXX

Document Uploaded. appraisal with XXX photos

- XXX

XXX

Resolved

2026050367

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050367

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050367

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

1 of 6

XXX

Property

XXX - Warrantability

XXX project is not warrantable, or documentation not provided to determine warrantability UW Attestation and/or documentation clearly stating whether the property is a warrantable or non-warrantable condo must be delivered with the file. Lender to provide XXX approval or XXX Questionnaire as applicable

Document Uploaded. Supporting Document - XXX

XXX docs provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2 of 6

XXX

Credit

XXX is Missing

Missing XXX / XXX project master XXX.

Document Uploaded. Supporting Document -XXX

XXX is fully present - XXX

XXX provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

3 of 6

XXX

Credit

Named Insured on XXX does not match HOA Name

Named insured on XXX does not match HOA name. Unable to verify document is missing.

Document Uploaded. Supporting Document -XXX

Named Insured on XXX matches HOA Name or Property is Not a XXX - XXX

XXX provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

4 of 6

XXX

Credit

XXX is Missing

XXX is missing.

Document Uploaded. Supporting Document -XXX

Document Uploaded. Supporting Document - XXX

XXX provided. XXX covers walls in. Condition resolved. -XXX

Document Uploaded. Supporting Document - XXX

Condition upheld. XXX provided. Provide individual (XXX in) XXX. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

5 of 6

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050369

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

6 of 6

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050370

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050370

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Missing Doc - 3rd Party Valuation Product/Missing

The loan file did not contain the required 3rd party valuation product.

Document Uploaded. CDA upload as a XXX valuation product - XXX

3rd party valuation provided. Condition resolved. - XXX

Document Uploaded. CDA upload as a second valuation product -XXX

XXX

Resolved

2026050370

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050373

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050373

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Property

Missing Doc - 3rd Party Valuation Product/Missing

The loan file did not contain the required 3rd party valuation product. Missing both XXX and Freddie XXX CU or LCA scores < XXX for the subject loan file.

Document Uploaded. Supporting Document -XXX

3rd party valuation provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050373

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Credit

Missing Business Purpose XXX

File is missing statement of business purpose. Signed and notarized.

Document Uploaded. Supporting Document - XXX

The Business Purpose Affidavit/Disclosure has been provided. - XXX

Business Purpose & Occupancy Affidavit provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

Condition upheld. Personal Guaranty Agreement provided. Provided statement of Business Purpose, signed and notarized. -XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050373

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Credit

XXX Document is Partially Present

Title document is incomplete or only partially present. File is missing either a XXX XXX/Property Report or the XXX, XXX, XXX, or XXX. Please supply both required Title documents. Missing the complete title commitment for the subject property - only a partial was provided. The full title commitment would provide dates of property transfer, current lien holders, etc.

Document Uploaded. Supporting Document - XXX

Title documents provided. Condition resolved. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050374

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050374

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050374

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Purchase Contract - XXX Missing

The Purchase Contract XXX is missing. Missing XXX lowering purchase price to $XXX and adding XXX.

Purchase contract/XXX provided. Condition resolved. - XXX

Document Uploaded. 1. price

2. XXX

- XXX

Purchase contract/XXX provided. Condition resolved. - XXX

Document Uploaded. 1. price

2. XXX

- XXX

XXX

Resolved

2026050375

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050375

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050375

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050377

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050377

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050377

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050379

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050379

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050379

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Program Parameters - Borrower/Business Entity Ineligibility

Program Parameters - XXX Ineligibility. The business entity, XXX, XXX is a XXX, which is not allowed per guidelines.

Document Uploaded. Supporting Document - XXX

Received satisfactory XXX to business entity. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050382

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050382

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050382

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050385

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050385

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050385

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050392

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050392

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050392

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050393

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

Missing Business Purpose XXX

File is missing statement of business purpose. Missing a signed Business Purpose Affidavit.

Document Uploaded. Supporting Documents - XXX

Business Purpose Affidavit provided. Condition resolved. -XXX

Document Uploaded. Supporting Documents - XXX

XXX

Resolved

2026050393

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050393

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050394

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

Purchase is not considered to be an Arm's Length Transaction

Non-arm's length transactions not allowed for program. Subject transaction is a Non Arms Length transaction on an investment property. Guidelines require it to be on a primary residence. An exception was granted.

Loan approved based on credit score XXX points > min, DTI >XXX% below max, employment stability > XXX years, residual income >$XXX of minimum, primary residence owned free and clear.

XXX

Waived

2026050394

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050394

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050395

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050395

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050395

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050398

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050398

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050398

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Missing Doc - 3rd Party Valuation Product/Missing

The loan file did not contain the required 3rd party valuation product.

Document Uploaded. Appraisal and risk review -XXX

3rd party valuation provided. Condition resolved. - XXX

Document Uploaded. Appraisal and risk review - XXX

XXX

Resolved

2026050399

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050399

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050399

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050400

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050400

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050400

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050402

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050402

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050402

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050403

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050403

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050403

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050404

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Credit

Eligibility - Borrower Identity

The loan file reflected potential identity issues. Permanent resident card is not documented.

Document Uploaded. Green card - XXX

Permanent resident card provided. Condition resolved. - XXX

Document Uploaded. Green card - XXX

XXX

Resolved

2026050404

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050404

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050404

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Credit

XXX - Documentation

The loan file did not contain required XXX documentation (ie. Master HOI, XXX Questionnaire, XXX Budget, Project Review). XXX questionnaire is missing.

Document Uploaded. CQ -XXX

XXX questionnaire provided. Condition resolved. - XXX

Document Uploaded. CQ - XXX

XXX

Resolved

2026050410

XXX

QM: Safe Harbor APOR (APOR SH)

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050410

XXX

QM: Safe Harbor APOR (APOR SH)

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Credit

XXX Declared Disaster Area Post Closing Review

The subject property was located in a XXX. Post closing property inspection report required. Unable to locate post-closing inspection report. Declaration Date: XXX appraisal completed XXX

Document Uploaded. Supporting Document - XXX

Upon further review, no disasters noted impacting property after inspection date. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050410

XXX

QM: Safe Harbor APOR (APOR SH)

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050411

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050411

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050411

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Missing Doc - 3rd Party Valuation Product/Missing

The loan file did not contain the required 3rd party valuation product. The XXX in the file returned a value that was more XXX% lower than the appraised value. Please provide a supporting 3rd party valuation within XXX% of the appraised value.

Document Uploaded. Supporting Document - XXX

Value from CDA was used - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050412

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050412

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050412

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050413

XXX

ATR/QM: Exempt

XXX

1 of 6

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050413

XXX

ATR/QM: Exempt

XXX

2 of 6

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050413

XXX

ATR/QM: Exempt

XXX

3 of 6

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050413

XXX

ATR/QM: Exempt

XXX

4 of 6

XXX

Credit

XXX: EIN Doc is Missing

The loan file does not contain the XXX: XXX documentation.

Document Uploaded. Supporting Document - XXX

XXX: XXX documentation provided. Condition resolved. -XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050413

XXX

ATR/QM: Exempt

XXX

5 of 6

XXX

Credit

XXX: Certificate of Good Standing Doc is Missing

The loan file does not contain the XXX: Certificate of Good Standing. Missing Entity Certificate of Good Standing

Document Uploaded. Supporting Document -XXX

XXX: Certificate of Good Standing provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050413

XXX

ATR/QM: Exempt

XXX

6 of 6

XXX

Credit

XXX: Operating Agreement Doc is Missing

The loan file does not contain the XXX: Operating Agreement. The loan file does not contain the XXX: XXXt and articles of incorporation for XXX.

Document Uploaded. Supporting Documents - XXX

XXX: Operating Agreement provided. Condition resolved. - XXX

Document Uploaded. Supporting Documents -XXX

XXX

Resolved

2026050419

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Missing Homeowner's Association Questionnaire

Missing the XXX Questionnaire. Unable to determine if the XXX project is warrantable.

Document Uploaded. Please see attached.

- XXX

XXX Questionnaire provided. Condition resolved. - XXX

Document Uploaded. Please see attached.

-XXX

XXX

Resolved

2026050419

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050419

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 7

XXX

Compliance

Charges That Cannot Increase Test (XXX)

The following fee(s) have either increased above the amount disclosed within each fee(s) baseline disclosure OR have been added to the Cannot Increase Category: Credit Report Fee. Each fee within the Cannot Increase category cannot increase or be added unless a new disclosure is provided and there is a valid changed circumstance associated with the increased fee that is re-disclosed. (12 CFR 1026.19(e)(3); 12 CFR 1026.19(e)(4)). The credit report fee was increased to $XXX on the final Closing Disclosure dated XXX from $XXX on each Loan Estimate and Closing Disclosure that preceded it - with no valid change of circumstance.

Document Uploaded. COC CD XXX - CREDIT SCORE INCREASE DISCLOSED TO BORROWER XXX - XXX

Received XXX for the increased fee - XXX

Resolved - XXX

Document Uploaded. XXX CD XXX - CREDIT SCORE INCREASE DISCLOSED TO BORROWER XXX - XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 7

XXX

Credit

Borrower 1 Business Bank Statements Missing

Borrower 1 Business Bank Statements missing from the file. Missing XXX months bank statements verifying the borrower's monthly qualifying income of $ XXX.

Document Uploaded. BUSINESS BANK STATEMENT - XXX MONTHS - XXX FINANCIAL XXX - XXX TO XXX

- XXX

Borrower 1 Business Bank Statements Provided -XXX

Business Bank Statements provided. Condition resolved. - XXX

Document Uploaded. BUSINESS BANK STATEMENT - XXX MONTHS - XXX - XXX TO XXX

- XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 7

XXX

Credit

Approval - Lender Income Calculation Missing

The loan file did not contain the lender income calculation worksheet as required. Missing a copy of the lender's income worksheet.

Document Uploaded. INCOME CALCULATION WORKSHEET

- XXX

Income calculation worksheet provided. Condition resolved. - XXX

Document Uploaded. INCOME CALCULATION WORKSHEET

- XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

4 of 7

XXX

Credit

First Payment Letter does not match XXX Waiver or XXX.

First Payment Letter does not match XXX Waiver or XXX. Missing a copy of the signed XXX Waiver.

Document Uploaded. XXX WAIVER SIGNED

- XXX

Signed XXX Waiver provided. Condition resolved. - XXX

First Payment Letter does match the Final 1003. - XXX

First Payment Letter does match XXX Waiver or XXX. -XXX

First Payment Letter does match the Final 1003. - XXX

Document Uploaded. XXX WAIVER SIGNED

-XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

5 of 7

XXX

Credit

Flood Certificate Missing

Missing flood certificate.

Document Uploaded. FLOOD CERT

- XXX

Flood cert provided. Condition resolved. -XXX

Document Uploaded. FLOOD CERT

- XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

6 of 7

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Audited reserves months are less than the guideline required reserve months. Missing asset statements supporting additional reserves in the amount of $XXX.

Document Uploaded. XXX - XXX STATEMENT - FOR RESERVES - ALSO, PROCEEDS FROM CASH-OUT REFINANCE ($XXX) CAN BE USED FOR RESERVES AS WELL - XXX

Asset statements provided. Condition resolved. - XXX

Document Uploaded. XXX - XXX STATEMENT - FOR RESERVES - ALSO, PROCEEDS FROM CASH-OUT REFINANCE ($XXX) CAN BE USED FOR RESERVES AS WELL - -XXX

XXX

Resolved

2026050421

XXX

Non-QM: Lender documented all ATR UW factors

XXX

7 of 7

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050425

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050425

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050425

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050426

XXX

ATR/QM: Exempt

XXX

1 of 5

XXX

Credit

Approval/Underwriting Summary Not Provided - XXX

The loan did not contain the Approval/Underwriting Summary.

Document Uploaded. Supporting Document - XXX

Approval/Underwriting Summary is fully present -XXX

Approval/Underwriting Summary provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050426

XXX

ATR/QM: Exempt

XXX

2 of 5

XXX

Credit

Approval - Lender Income Calculation Missing

The loan file did not contain the lender income calculation worksheet as required.

Document Uploaded. Supporting Document - XXX

income calculation worksheet provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050426

XXX

ATR/QM: Exempt

XXX

3 of 5

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050426

XXX

ATR/QM: Exempt

XXX

4 of 5

XXX

Credit

Employment - Evidence of Self-Employment Missing

The loan file did not contain evidence of self-employment as required. Percentage of ownership is not documented for Instant Cash XXX.

Document Uploaded. Supporting Document -XXX.

Entity docs provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050426

XXX

ATR/QM: Exempt

XXX

5 of 5

XXX

Compliance

Final CD: Prepayment Penalty is missing or inaccurate

Page 1 of the executed Final CD provided does not reflect the prepayment penalty amount the borrower is subject to per the executed agreement

Document Uploaded. Supporting Document - XXX

Received PCCD disclosing the PPP - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050457

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050457

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050457

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050428

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050428

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050428

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050429

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050429

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050429

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050435

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines. Set in error.

XXX

Cleared

2026050435

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050435

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050436

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Property

Property Issue - Neighborhood Location

The subject appraisal verified a neighborhood location not allowed per guidelines. Subject is located in a XXX on XXX acres. XXX greater than XXX acres is considered an ineligible property type.

Document Uploaded. Investor response for comp factors - XXX

Document Uploaded. Talk to the investor and please clear this condition XXX.

-XXX

Document Uploaded. Exception request and approval - XXX

Exception approval provided. - XXX

Document Uploaded. Investor response for comp factors -XXX

Document Uploaded. Talk to the investor and please clear this condition today.

- XXX

Condition upheld. Exception form provided does not list compensating factors. - XXX

Document Uploaded. Exception request and approval - XXX

Borrower has XXX months from their own funds. The DTI is XXX with a strong FICO of XXX. The low credit line usage is .XXX.

XXX

Waived

2026050436

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050436

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050441

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Credit

Flood Certificate Missing

Missing flood certificate. Missing a complete copy of the flood certificate.

Document Uploaded. Supporting Document - XXX

Flood certificate provided. Condition resolved. - XXX

Document Uploaded. Supporting Document -XXX

XXX

Resolved

2026050441

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050441

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050444

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050444

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050444

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Program Parameters - Guidelines Conformity

The subject loan does not conform to program guidelines. The property is located in XXX. The XXX indicates this is a geographic restricted area and not permitted.

Document Uploaded. Investor waiver docs -XXX

Docs provided. Condition resolved. - XXX

Document Uploaded. Investor waiver docs - XXX

XXX

Resolved

2026050445

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050445

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050445

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050446

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050446

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050446

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Cash reserves less than required by guidelines

Total Cash reserves of '$XXX' are less than $XXX. Provide Total Cash reserves Short $XXX

Document Uploaded. Investment XXX uploaded to meet the experienced investor documentation. Per guidelines only XXX months reserves required..

- XXX

Document Uploaded. Proof Experienced Investor, XXX months reserves not required

-XXX

Document Uploaded. Assets - XXX

Received evidence experiened investor, reserves sufficient -XXX

Condition upheld. XXX XXX Guidelines XXX - DSCR dated XXX: XXX First Time Investors require XXX months reserves. - XXX

Document Uploaded. Investment XXX uploaded to meet the experienced investor documentation. Per guidelines only XXX months reserves required..

-XXX

Document Uploaded. Proof Experienced Investor, XXX months reserves not required

-XXX

Condition upheld. The total $XXX from the XXX Statement date XXX was credited to Borrower. After Funds to close and reserves, Borrower is short $XXX, in funds to close/reserves. -XXX

Document Uploaded. Assets -XXX

XXX

Resolved

2026050449

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050449

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050449

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Credit

Purchase Contract - XXX Missing

The Purchase Contract XXX is missing. Missing contract XXX lowering price to $XXX.

Document Uploaded. Supporting Document - XXX

Purchase contract/XXX provided. Condition resolved. - XXX

Document Uploaded. Supporting Document - XXX

XXX

Resolved

2026050453

XXX

Non-QM: Lender documented all ATR UW factors

XXX

1 of 3

XXX

Compliance

No Compliance Findings

The loan meets all applicable compliance guidelines.

XXX

Cleared

2026050453

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050453

XXX

Non-QM: Lender documented all ATR UW factors

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050456

XXX

ATR/QM: Exempt

XXX

1 of 3

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050456

XXX

ATR/QM: Exempt

XXX

2 of 3

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Cleared

2026050456

XXX

ATR/QM: Exempt

XXX

3 of 3

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050430

XXX

ATR/QM: Exempt

XXX

1 of 4

XXX

Credit

Flood Certificate Missing

Missing flood certificate.

Document Uploaded. - XXX

Flood Certificate provided. Condition resolved. - XXX

XXX

Resolved

2026050430

XXX

ATR/QM: Exempt

XXX

2 of 4

XXX

Property

Value - Value is supported within -XXX% of original appraisal amount

The appraised value was supported within -XXX% and all applicable appraisal guidelines were satisfied.

XXX

Cleared

2026050430

XXX

ATR/QM: Exempt

XXX

3 of 4

XXX

Compliance

No Compliance Tests Performed

DSCR / Business Purpose loans are exempt from Reg Z and Reg X.

XXX

Cleared

2026050430

XXX

ATR/QM: Exempt

XXX

4 of 4

XXX

Credit

Liabilities - Not Verified

The application lists debts that were not verified on the credit report and not independently verified. Lender to provide documentation of new loan with XXX in the amount of $XXX secured by primary residence.

Document Uploaded. - XXX

Docs provided. Condition resolved. - XXX

XXX

Resolved