EXHIBIT 99.2
CLAYTON CONDITIONS REPORT
| Client Name: | PennyMac | |
| Client Project Name: | PNMAC PMTLT 2026-J6_J17370 | |
| Conditions Report 2.0 | ||
| Loans in Report: | 96 | |
| Loans with Conditions: | 25 | |
| 17 - Total Active Conditions | ||||||
| 17 - Non-Material Conditions | ||||||
| 1 - Credit Review Scope | ||||||
| 1 - Category: DTI | ||||||
| 16 - Compliance Review Scope | ||||||
| 16 - Category: RESPA | ||||||
| 19 - Total Satisfied Conditions | ||||||
| 8 - Credit Review Scope | ||||||
| 2 - Category: Assets | ||||||
| 1 - Category: Credit/Mtg History | ||||||
| 1 - Category: DTI | ||||||
| 1 - Category: Income/Employment | ||||||
| 1 - Category: Legal Documents | ||||||
| 1 - Category: Re-Verifications | ||||||
| 1 - Category: Title | ||||||
| 1 - Property Valuations Review Scope | ||||||
| 1 - Category: Appraisal | ||||||
| 10 - Compliance Review Scope | ||||||
| 3 - Category: Ability to Repay/Qualified Mortgage | ||||||
| 2 - Category: Finance Charge Tolerance | ||||||
| 5 - Category: TILA/RESPA Integrated Disclosure | ||||||
| 0 - Total Waived Conditions | ||||||
©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-J6_J17370 | |
| Conditions Report 2.0 | ||
| Loans in Report: | 96 | |
| Loans with Conditions: | 25 | |
| 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 |
Final S&P Property Valuations Loan |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 57 | XXXXXX | XXXXXX | NY | 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 | Please provide the Affiliate Business Disclosure. |
(No Data) | (No Data) | (No Data) |
Not Applicable |
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower mortgage payment 0x30x99
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has 79.35 months of PITI reserves more than the 3 months of required reserves
CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 26 years & 11 months at current job CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrower DTI is 19.80 points below guideline maximum.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO 13 points above guideline minimum of 700
CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 30 years at current primary residence | |||||||||||||||||||||||||||||||||||||
| 33 | 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 | CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: B2 has 10 years at current job
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrower mortgage payment 0x30x70
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 751 mid score > min required of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments: B1 has 9 years at current residence
CFCFS1736: Significant time at current residence - Clayton Comments: Borrower has 6 years at current job | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 90 | 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 | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Both borrowers have been with the same employer for over 10 years
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $4,346,801.44 or 170.93 months PITI. Reserves required $25,429.23 X 18 = $457,726.14
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 31.67%, max allowed by G/L is 45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 76 | 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 80.00%/maximum 90%
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 42.36%/maximum 50%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 730/minimum 620 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1 | XXXXXX | XXXXXX | TX | 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 | Provide documentation to verify the 5/1/26 payment to XXXXXX in the amount of $3,562.77 on the XXXXXX statement. If additional real estate owned, must be added to the loan application to include in the DTI. If required, loan must be resubmitted to AUS and retain recommendation. |
8/25/2026: Received LOX and docs. Was a one time payment to pay property taxes to avoid monthly escrow increase. |
8/25/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $652,113.71/55.34 months PITIA > min required of $35,352.48.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 724 mid score > min required of 700.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | |||||||||||||||||||||||||||||||||||||
| 1 | XXXXXX | XXXXXX | TX | 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 | Re-Verifications | Satisfied | C | A | C | A | CRDRVRFC1803 | Debts/ Obligations that were not discl at origination revealed through independent re- verification |
No | Provide documentation to verify the 5/1/26 payment to XXXXXX in the amount of $3,562.77 on the XXXXXX statement. If additional real estate owned, must be added to the loan application to include in the DTI. If required, loan must be resubmitted to AUS and retain recommendation. |
8/25/2026: Received LOX and docs. Was a one time payment to pay property taxes to avoid monthly escrow increase. |
8/25/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $652,113.71/55.34 months PITIA > min required of $35,352.48.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 724 mid score > min required of 700.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | |||||||||||||||||||||||||||||||||||||
| 16 | XXXXXX | XXXXXX | KS | 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 27+ years at present job
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 783 mid score > min required of 700
CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: Borrower has 28 years at present job CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $717,294.69 or 74.76 months of PITIA. Required PITIA Reserves are $9,595.13 X 3 months = $28,785.39.
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 99 months. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 39 | 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 | CFCFS2854: Significant time in profession - Clayton Comments: The borrower has been in the same profession for 15 years
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $64,285.77 or 5.81 months PITI, reserves required $11,061.79 X 3 = $33,185.37
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO is 763, minimum required by G/L is 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 96 | XXXXXX | XXXXXX | OH | 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 | Per guidelines, business assets cannot be used as reserves. Short $14,477.10 in personal assets to cover required reserves. |
8/14/2026: Received additional personal accounts. Verified $74,937.92 in post closing reserves. |
8/14/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 70.37%; guidelines allow 89.99%.
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 27.95%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 736 mid score > min required of 700 | |||||||||||||||||||||||||||||||||||||
| 48 | 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: 769 mid score > min required of 720
CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 13 years at present job
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 68.25%; guidelines allow 80%. CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for 19 years. CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 8% CFCFS1734: Borrower has significant time at current job - Clayton Comments: 18 years at present job | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 91 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) |
QM: Safe Harbor (APOR) |
D | B | A | A | D | A | C | B | D | B | A | A | D | A | C | B | Compliance | TILA/ RESPA Integrated Disclosure |
Satisfied | C | B | C | B | CMPTRID3676 | TRID — CD: Ten percent 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 | Need evidence of change of circumstances letter for Ten Percent tolerance, (Recording Fee of $47.00 per CD XXX- 1 to $59.50 per CD XXX-1) increase, or LOX, corrected Closing Disclosure, a copy of a refund check in the amount of $ 12.50, and proof of delivery within 60 days of consummation. |
8/6/26 — Lender provided the correct calculation of the intolerance. $7.80 ten percent tolerance. Please provide COC or LOX, corrected Closing Disclosure, a copy of a refund check in the amount of $7.80 and proof of delivery within 60 days of consummation. 8/12/26 — Lender provided COC showing added POA recording fee. |
8/6/26 — Exception remains. 8/12/26 — Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 28%
CFCFS2854: Significant time in profession - Clayton Comments: B1 has 30+ years in current profession.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 722 mid score > min required of 700 | |||||||||||||||||||||||||||||||||||||
| 91 | XXXXXX | XXXXXX | SC | QM: Safe Harbor (APOR) |
QM: Safe Harbor (APOR) |
D | B | A | A | D | A | C | B | D | B | A | A | D | A | C | B | Property Valuations |
Appraisal | Satisfied | D | A | D | A | PRVAAPPR3116 | Missing updated valuation |
No | LCA (or 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 |
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 28%
CFCFS2854: Significant time in profession - Clayton Comments: B1 has 30+ years in current profession.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 722 mid score > min required of 700 | |||||||||||||||||||||||||||||||||||||
| 92 | XXXXXX | XXXXXX | MD | 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 | Finance Charge Tolerance |
Satisfied | C | B | C | B | CMPFINT106 | Finance charge understated by more than $100 (Pmt Stream) |
No | Finance charge understated by $134.95. Review includes HOA Questionnaire fee in Section H in APR calculation. Mavent provided by lender is not including this fee in APR. |
8/12/26 — Lender provided corrected PCCD, copy of refund check for $134.95, LOX and verification of shipping. |
8/12/26 — Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $369,560.68 / 49.33 months PITIA > min required of $22,475.01.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 782 mid score > min required of 700
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 3.95% | |||||||||||||||||||||||||||||||||||||
| 92 | XXXXXX | XXXXXX | MD | 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 | Finance Charge Tolerance |
Satisfied | C | B | C | B | CMPFINT4372 | TILA/TRID- Disclosed Amount Financed is higher than Clayton’s calculated Amount Financed |
No | Review amount financed is $989802.52. Amount financed on final CD XXX is $989937.47. The difference of $134.95 is the amount of the HOA Questionnaire fee. |
8/12/26 — Lender provided corrected PCCD, copy of refund check for $134.95, LOX and verification of shipping. |
8/12/26 — Exception satisfied. |
Numeric | Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $369,560.68 / 49.33 months PITIA > min required of $22,475.01.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 782 mid score > min required of 700
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 3.95% |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 49 | 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 $74,045.73 (6.79 months PITIA reserves) > min required of 3 months PITIA
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 44.19 % is below maximum allowed 50%
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80% is below maximum allowed 89.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 20 | 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 | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 734 score exceeds the 700 minimum required.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $710,980.13 post closing reserves, 76.64 months PITI. $9,276.76 PITI * 3 = $27,830.28 required reserves.
CFCFS1737: LTV below guideline requirements - Clayton Comments: 61.04% LTV; maximum 89.99% LTV allowed. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 52 | XXXXXX | XXXXXX | MA | 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 |
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 22.48% is below the guideline maximum of 50%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 786 mid score > min required of 700
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | |||||||||||||||||||||||||||||||||||||
| 74 | XXXXXX | XXXXXX | TX | QM: Safe Harbor |
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 40.35%, max allowed by guidelines is 50%
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 74.40%, max allowed by guidelines is 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $474,017.64 or 61.46 months PITI. Reserves required $7712.44 X 3 = $23,137.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | AZ | 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 | 1. Schedule B2, number 22 lists UCC Financing Statement recorded XXX. No UCC statement provided per guidelines. Require removal or subordination. Seller to pay off solar panels per purchase contract addendum. Nothing noted on Seller CD showing solar panel lease paid.2. Missing 4506C or 8821 forms for businesses as required by guidelines: XXXXXX. 3. Additional mortgagee (XXXXXX) noted on HOI forXXXXXX not reporting on credit report or payments validated. |
8/14/2026: Received Title update, Sch B removed.XXX: Received 4506C for business.8/17/2026: Received docs to show business XXXXXX owns the REO and holds the loan. |
8/14/2026: Exception remains for #3.8/17/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 763 exceeds required FICO of 740.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI of 9.24% is lower than max DTI allowed 45%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-close assets are $543,825.80 or 28.971 months PITIA. Required PITIA reserves are $18,771.43 x 18 months = $337,885.74.6 mos PITIA for all other REOs. $14,764.31 x 6: $88,585.86.Total Reserves required: $426,471.60. | |||||||||||||||||||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | AZ | 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 | Credit/ Mtg History |
Satisfied | C | A | C | A | CRDCRMH1805 | Debts/ obligations not disclosed/ accounted for at origination |
No | Additional mortgagee XXXXXX noted on HOI for XXXXXX not reporting on credit report or payments validated. |
8/17/2026: Received docs to show business XXXXXX owns the REO and holds the loan. |
8/17/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 763 exceeds required FICO of 740.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI of 9.24% is lower than max DTI allowed 45%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-close assets are $543,825.80 or 28.971 months PITIA. Required PITIA reserves are $18,771.43 x 18 months = $337,885.74.6 mos PITIA for all other REOs. $14,764.31 x 6: $88,585.86.Total Reserves required: $426,471.60. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | AZ | 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 | CRDINC3204 | Income Documentation Missing |
No | Missing 4506C or 8821 forms for businesses as required by guidelines: XXX. |
8/14/2026: Received 4506C for business. |
8/14/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 763 exceeds required FICO of 740.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI of 9.24% is lower than max DTI allowed 45%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-close assets are $543,825.80 or 28.971 months PITIA. Required PITIA reserves are $18,771.43 x 18 months = $337,885.74.6 mos PITIA for all other REOs. $14,764.31 x 6: $88,585.86.Total Reserves required: $426,471.60. | |||||||||||||||||||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | AZ | 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 | CRDLGL4033 | Missing Legal Document(s) |
No | Missing disclosures noted on purchase contract: HOA, Seller Compensation, Solar Addendum, and Seller’s Property Disclosure Statement. |
8/11/2026: Received three contract addenda, which were in the PDF at initial review. Section 1f of the contract requires the Disclosures requested in the exception.8/12/2026: Received HOA Addendum, verification sellers are paying off existing solar loan, Seller Comp Disc and Seller Property Disclosure. |
8/11/2026: Exception remains.8/12/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 763 exceeds required FICO of 740.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI of 9.24% is lower than max DTI allowed 45%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-close assets are $543,825.80 or 28.971 months PITIA. Required PITIA reserves are $18,771.43 x 18 months = $337,885.74.6 mos PITIA for all other REOs. $14,764.31 x 6: $88,585.86.Total Reserves required: $426,471.60. | |||||||||||||||||||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | AZ | 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 | Title | Satisfied | C | A | C | A | CRDTIL875 | Title Does Not Agree With Mortgage |
No | Schedule B2, number 22 lists UCC Financing Statement recorded XXX. No UCC statement provided per guidelines. Require removal or subordination. Seller to pay off solar panels per purchase contract addendum. Nothing noted on Seller CD showing solar panel lease paid. |
8/14/2026: Received Title update, Sch B removed. |
8/14/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO of 763 exceeds required FICO of 740.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Qualifying DTI of 9.24% is lower than max DTI allowed 45%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post-close assets are $543,825.80 or 28.971 months PITIA. Required PITIA reserves are $18,771.43 x 18 months = $337,885.74.6 mos PITIA for all other REOs. $14,764.31 x 6: $88,585.86.Total Reserves required: $426,471.60. | |||||||||||||||||||||||||||||||||||||
| 19 | 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 | CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 24 months.
CFCFS1736: Significant time at current residence - Clayton Comments: 17 years at primary residence
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 780 mid score > min required of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 10 | 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: CLTV 72.75% below max CLTV 80%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $94,393.56 or 13.16 months PITIA. Required PITI Reserves are $7,173.51 X 6 = $43,041.06.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico 746 exceeds minimum fico of 720 CFCFS2860: Good credit history - Clayton Comments: Excellent payment history and Fico score. No major derogs | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 40 | XXXXXX | XXXXXX | MI | 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: 19.09/30.63% DTI. Max 45%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $210,843.57 post closing assets. $22,126.50 minimum required. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 68 | 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: 747 mid score > min required of 700.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 73.41%; guidelines allow 89.99%.
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ .30%. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 94 | XXXXXX | XXXXXX | DC | 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 | Required Affiliate Business Disclosure is missing in file. |
(No Data) | (No Data) | (No Data) |
Not Applicable |
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 14%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 719 mid score > min required of 700. | |||||||||||||||||||||||||||||||||||||
| 94 | XXXXXX | XXXXXX | DC | 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 | Assets | Satisfied | D | A | D | A | CRDAST2670 | Asset documentation is insufficient per guideline requirements |
No | Missing fully executed gift letter for $802,000.00. |
8/18/2026: Received Gift Letter for 4,010,000 XXX — per google, XXX (XXX) currency is used = $768,862.16 USD. Loan still meets FTC and reserves requirements. |
8/18/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 14%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 719 mid score > min required of 700. | |||||||||||||||||||||||||||||||||||||
| 11 | 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 | CFCFS2854: Significant time in profession - Clayton Comments: 36 years in current profession
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico 703 exceeds minimum fico requirement of 700
CFCFS1734: Borrower has significant time at current job - Clayton Comments: 19 years at current job CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 73 % below max CLTV 89.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 28 | XXXXXX | XXXXXX | NE | 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 provide copy for file. |
(No Data) | (No Data) | (No Data) |
Not Applicable |
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 42.98% is below the guideline maximum of 45%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 778 mid score > min required of 720
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | |||||||||||||||||||||||||||||||||||||
| 77 | 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 | Please provide the missing ABA Disclosure |
(No Data) | (No Data) | (No Data) |
Not Applicable |
CFCFS1737: LTV below guideline requirements - Clayton Comments: 70% LTV is below the 89.99% max.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.68% DTI is below the 50% max.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrower has $2603926.68 in reserves and only $37674.96 is required CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 790 FICO score is above the 700 min. | |||||||||||||||||||||||||||||||||||||
| 50 | 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 | CFCFS1744: DTI below guideline requirement - Clayton Comments: 32.34% DTI < 50% AUS recommendation
CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV < 89.99 Product Cap
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $589,207.93 verified cash reserves > $29930.10 product requirement
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 773 FICO > 700 product minimum
CFCFS1734: Borrower has significant time at current job - Clayton Comments: 5+ years at current job. 19+ years in current profession | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 80 | 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 | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $906,509.23 post closing reserves. Minimum $25,095.18 reserves required.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 18.44/23.10% DTI. Max 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 89 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 76.11%; guidelines allow 89.99%.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $86,346.79 or 10.89 months of PITI. Required PITI Reserves are $7,926.75 X 3 months = $23,780.25
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 44 months with 0x30 Mortgage payment history exceeds guidelines of 12 months. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 8 | 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 | Compliance | TILA/ RESPA Integrated Disclosure |
Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller- paid fees were disclosed on the CD |
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 . |
Numeric | Not Applicable |
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80% is below maximum allowed 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $174,630.98 or 20.11 months of PITI. Required reserves are 3 months.
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 24.22% is below maximum allowed 50% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 783 exceeds minimum required 700 | |||||||||||||||||||||||||||||||||||||
| 95 | 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 | CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have 99+ months mortgage payment history 0x30.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 721 mid score > min required of 700 . | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 36 | 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 | Compliance | TILA/ RESPA Integrated Disclosure |
Satisfied | A | A | A | A | CMPTRID5293 | TRID Not all required seller- paid fees were disclosed on the CD |
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 . |
Numeric | Not Applicable |
CFCFS2854: Significant time in profession - Clayton Comments: Significant time in profession, 7 years.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 779 mid score > min required of 700
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: 66 months with 0x30 Mortgage payment history exceeds guidelines of 12 months.
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 24 months. | |||||||||||||||||||||||||||||||||||||
| 30 | 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: Credit score of 794 is above the required 700.
CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has8 years at current job.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of75.39 is below the maximum allowable of 89.99%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12 | 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 75% is below guideline maximum of 89.99%
CFCFS2854: Significant time in profession - Clayton Comments: B1 in profession over 20 years | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 83 | 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: 777 mid score > min required of 720
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 15.27% is below the guideline maximum of 45%. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 45 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 763 mid score > min required of 700
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 16.97% is below the guideline maximum of 45%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 63 | 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 | CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 32.24% is below guideline of 45%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close assets are$170,985.52 or 19.83 months PITIA. Required PITIA reserves are 3 x $8,619.70 = $25,859.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 38 | 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 | CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 24 months.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $5,355,687.38 / 301.47 months PITIA > min required of $344,280.24.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 796 mid score > min required of 740. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 34 | 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 | CFCFS2854: Significant time in profession - Clayton Comments: 10 years in profession.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 777 score exceeds the 720 minimum required.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: $233,727.15 reserves.$9,820.87 PITI * 6 = $58,925.22. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 84 | 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 | CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for 15 years.
CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 3%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 729 mid score > min required of 620 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $1,529,814.94 / 155.75 months PITIA > min required of $29,868.96. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 46 | 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 | CFCFS1749: Additional documented income not used in qualifying - Clayton Comments: B1 “other income” not being used in qualifying
CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV < 89.99% Product Cap
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 726 FICO > 700 product minimum CFCFS1744: DTI below guideline requirement - Clayton Comments: 38.49% DTI < 45% Product cap |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 35 | XXXXXX | XXXXXX | NC | 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 | CRDDTI106 | Debt Ratio Exception >5% and <10% |
No | 8/24/2026: Exception fired after rebuttal, this is a non-material issue: LP submission #6 dated XXX has a DTI of 37% with total expenses of $14,064.13 which includes $1,540.90 in additional expenses (and $844 for primary HELOC payment), that cannot be validated. Additionally, the previous primary housing payment shows $1,948.04 when it should be $2,792.04 to include the HELOC. Clayton verified 17.80%/ 31.04% ratios. Provide updated LP Findings or 1003/1008 along with documentation verifying additional debt if applicable. |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $47,630.86 / 7.11 months PITIA > min required of $20,094.69.
CFCFS1744: DTI below guideline requirement - Clayton Comments: Borrowers DTI 28.73% is below guideline maximum 45%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 757 mid score > min required of 620 CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 2% | |||||||||||||||||||||||||||||||||||||
| 51 | 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 $711,968.68 OR 119.36 months PITI.Required PITI Reserves three months PITI
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 810 FICO score is above the 700 min. CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV is below the 89.99% max.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 23.48% DTI is below the 50% max. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 75 | 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 | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $269,391.24. Required reserves are $5,776.91 X3 = $17,330.73.
CFCFS2860: Good credit history - Clayton Comments: No major derogatory items reflected on credit. CFCFS1739: Positive mortgage payment history - Clayton Comments: No mortgage lates reflected on credit. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying score 725. Requirement for 89.99 ltv 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been with current employer greater than 10 years. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 78 | 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: LTV 75% is below the maximum of 85%
CFCFS5269: Minimal use of credit - Clayton Comments: 1% revolving credit utilized CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 809 exceeds the minimum of 720 CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 40.28% is below the maximum of 45% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Cash reserves $183280.39, 19.66 months reserves, | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 86 | 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: 12 years 11 months on job
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: $144,793.53 post closing reserves. $34,551.48 required per guidelines. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 9 years 4 months on job | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 18 | 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: 787 score exceeds the 700 minimum required.
CFCFS1737: LTV below guideline requirements - Clayton Comments: 77.35% LTV with a max 89.99% allowed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: $75,661.66 — $5,000 EMD ($306,058.39 bridge proceeds) = $6,798.51= $77,460.17 reserves.$58,324.92 reserves required. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 31 | XXXXXX | XXXXXX | MD | 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 of 729 exceeds the guideline program minimum of 720.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close reserves are $118,564.19 or 8.97 months PITI. Required reserves are 3 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been self employment for over 5 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 56 | 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: 803 mid score > min required of 700
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 44.34% is below the guideline maximum of 45%.
CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self employed for more than 13 years. CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 76%; guidelines allow 89.99%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 42 | 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 | 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 |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,973,733.15 minus funds to closing of $888,632.66 = $1,085,100.49. Required PITI $17,845.81 x 18 = $321,224.58 required reserves
CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.51% below max CLTV 80%
CFCFS5269: Minimal use of credit - Clayton Comments: Credit utilization is only 5.06% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 797 exceeds minimum credit score requirement of 720 CFCFS2854: Significant time in profession - Clayton Comments: 10 years in same profession | |||||||||||||||||||||||||||||||||||||
| 42 | 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 | 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 issued and confirmed received 6/22/26. Consummation date per final CD XXX. 3 day waiting period not met. |
8/19/26 — Lender provided initial CD. |
8/19/26 — Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,973,733.15 minus funds to closing of $888,632.66 = $1,085,100.49. Required PITI $17,845.81 x 18 = $321,224.58 required reserves
CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.51% below max CLTV 80%
CFCFS5269: Minimal use of credit - Clayton Comments: Credit utilization is only 5.06% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 797 exceeds minimum credit score requirement of 720 CFCFS2854: Significant time in profession - Clayton Comments: 10 years in same profession | |||||||||||||||||||||||||||||||||||||
| 42 | 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 | A | C | A | CMPTRID3626 | TRID — CD: Loan consummated before end of waiting period |
No | Initial CD issued and confirmed received 6/22/26. Consummation date per final CD XXX. 3 day waiting period not met. |
8/19/26 — Lender provided initial CD. |
8/19/26 — Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,973,733.15 minus funds to closing of $888,632.66 = $1,085,100.49. Required PITI $17,845.81 x 18 = $321,224.58 required reserves
CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 74.51% below max CLTV 80%
CFCFS5269: Minimal use of credit - Clayton Comments: Credit utilization is only 5.06% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 797 exceeds minimum credit score requirement of 720 CFCFS2854: Significant time in profession - Clayton Comments: 10 years in same profession | |||||||||||||||||||||||||||||||||||||
| 6 | 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 | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying credit score 757. Minimum requirement 720.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves from 401k $169,555.81. Requirement 6 months @ $7,720.73 PITIA=$97,766.18.
CFCFS1739: Positive mortgage payment history - Clayton Comments: No mortgage lates reflected on credit report. CFCFS2860: Good credit history - Clayton Comments: No derogatory items reflected on credit report. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 72 | XXXXXX | XXXXXX | AL | 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 36.50% is below the guideline maximum of 50%.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 70.92%; guidelines allow 89.99%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 748 mid score > min required of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4 | 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 | Missing Affiliated Business disclosure |
(No Data) |
(No Data) | (No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: credit score 798/ minimum 720
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 36.20%/ max is 50%
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80%/ max 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 26 | XXXXXX | XXXXXX | MI | 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 is 802, minimum required by guideilines is 700
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI is 35.65%, max allowed by guidelines is 45%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $90,547.15 or 13.38 months PITI, Required reserves $6,764.77 X 3 = $20,294.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 41 | 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 | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 773 mid score > min required of 720
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 35.55% is below the guideline maximum of 50%.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 53 | 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 | RESPA: Required Affiliate Business Disclosure missing |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines with no late payments reporting within the past 10 years or more.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score exceeds guidelines with a score of 762 and the minimum credit score of 700. | |||||||||||||||||||||||||||||||||||||
| 17 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 75%, max allowed by G/L is 89.99%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO is 780, minimum required by G/L is 700
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $656,875.35 or 92.21 months PITI, reserves required $7123.66 X 3 = $21,370.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 59 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: 75% LTV is below the 89.99% max.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 27.93% DTI is below the 45% max.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 784 FICO score is above the 700 min | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 60 | 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 | RESPA | Active | B | B | B | B | CMPRESPA863 | RESPA: Required Affiliate Business Disclosure missing |
No | Please provide Affiliate Business Disclosure |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 59.89/maximum 89.99%.
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 42.74%/maximum 50%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score is 793/minimum 700. | |||||||||||||||||||||||||||||||||||||
| 79 | 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 | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 10+ years at present job
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 40 months.
CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers have22 months mortgage payment history 0x30.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close assets are $231,211.10 or 17.99 months of PITIA. Required PITIA reserves are $12,848.22 x 6 = $77,089.32. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 82 | 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: 0x30x245 exceeds the minim guideline requirement of 0x12.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves of $288,250.04 or 29.88 months PITI reserve exceeds the minimum required reserves of $28,943.70 ($9,647.90 x 3).
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 812 exceeds guideline requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments: LV of 79.99 is below the maximum 89.99% LTV per guidelines. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 67 | 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 | Missing ABA disclosure or facts sheet to determine affiliates.Provide ABA disclosure. |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1744: DTI below guideline requirement - Clayton Comments: Verified 30.75% DTI. Max allowed 50%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Verified 736 median FICO. Min required 720. | |||||||||||||||||||||||||||||||||||||
| 65 | XXXXXX | XXXXXX | ME | 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: 797 mid score > min required of 700
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $6,393,479.87 (635.34 months PITIA reserves) > min required reserves of $45,946.21
CFCFS1744: DTI below guideline requirement - Clayton Comments: 2.15/5.81% DTI. Max 45% CFCFS1734: Borrower has significant time at current job - Clayton Comments: 12 years on job. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 7 | 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 | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing assets $182,253.20 (21.85 months reserves) > min required reserves of 3 months PITIA
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 803 score exceeds the 700 minimum required.
CFCFS1737: LTV below guideline requirements - Clayton Comments: 70% LTV < max permitted of 89.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 29 | 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: DTI 42.83 % is below maximum allowed 50%
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80% is below maximum allowed 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 37.19 months of PITI reserves. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 87 | 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: Credit score of 785 is above the required 700.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of80% is below the maximum allowable of 89.99%.
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Mortgage payment history of0x30x67 months exceeds the required 1x30x12 months. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 58 | 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: Verified reserves of $1,116.420.56 or 92.75 months PITI reserve exceeds required reserves of ($12,037.15 x 3 = $36,111.45).
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 792 exceeds guideline requirement of 700.
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI of 42.56 is below guideline requirement max of 45. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 88 | 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 $1,590,356.38 (100.69 months PITIA reserves) > min required reserves of 3 months PITIA (Investor G/L)
CFCFS1737: LTV below guideline requirements - Clayton Comments: 79.84% LTV < max permitted of 89.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 47 | 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: CLTV 75% below max CLTV 89.99%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: FICO 778 exceeds minimum fico of 700
CFCFS1739: Positive mortgage payment history - Clayton Comments: No lates within the last 24 months | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 37 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: Borrowers LTV of 59.68% is > 30.31% below guideline maximum of 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have > 153.57 months PITIA above guideline minimum 3.00 months PITIA.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 711 Median FICO > 11 points above guideline minimum of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 73 | 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 | 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 |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 773 mid score > min required of 700
CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments: Borrowers have140 months mortgage payment history 0x30.
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 24 months. | |||||||||||||||||||||||||||||||||||||
| 64 | 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%
CFCFS2854: Significant time in profession - Clayton Comments: Borrower has been in same profession for 11 years.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 782 mid score > min required of 620 CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments: 9 years at present job CFCFS1734: Borrower has significant time at current job - Clayton Comments: 11 years at present job | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 55 | 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 | 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 $322,117.45 or 3 months of PITI.Required PITI Reserves are $11,028.88 X 3/m = $33,086.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3 | 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: 14 years time in profession.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 30.29% DTI with a max 50% allowed.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: 60% of retirement funds = $762,680.33 reserves.$60,663.66 reserves required. |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 22 | 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 | 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 $647,233.61 or 79.81 months of PITI.Required PITI Reserves are $8,109.25 X 3 = $24,327.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 32 | XXXXXX | XXXXXX | NJ | 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 evidence of any HOA fees associated with the retained departure residence. |
8/19/2026: Received verification, no HOA. |
8/19/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1734: Borrower has significant time at current job - Clayton Comments: 23 years at current job
CFCFS1736: Significant time at current residence - Clayton Comments: 18 years at current address
CFCFS5269: Minimal use of credit - Clayton Comments: Credit utilization is only 13.79% CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 78% below the max CLTV 89.99% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico 804 exceeds minimum fico of 700 | |||||||||||||||||||||||||||||||||||||
| 32 | XXXXXX | XXXXXX | NJ | 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 evidence of any HOA fees associated with the retained departure residence. |
8/19/2026: Received verification, no HOA. |
8/19/2026: Exception satisfied. |
(No Data) |
Not Applicable |
CFCFS1734: Borrower has significant time at current job - Clayton Comments: 23 years at current job
CFCFS1736: Significant time at current residence - Clayton Comments: 18 years at current address
CFCFS5269: Minimal use of credit - Clayton Comments: Credit utilization is only 13.79% CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 78% below the max CLTV 89.99% CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico 804 exceeds minimum fico of 700 | |||||||||||||||||||||||||||||||||||||
| 2 | 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 Close Assets are $203,441.91 or 16.94 months of PITIA. Required PITIA reserves are $12,006.65 x 3 mo. = $36,019.95
CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers have12 months mortgage payment history 0x30.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 768 mid score > min required of 720 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 66 | XXXXXX | XXXXXX | OK | 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 0x30 for 52 months.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 743 mid score > min required of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 25 | 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 | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Reserves: $136660.52 or 20.36 months of PITI. 3 months required.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score of791 is above the required 700
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV of 78.36 is below the maximum allowable of 89.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 24 | 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: DTI 43.02% is below the maximum of 50%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post closing reserves $433549.55, 0 reserves to be verified
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 761 exceeds the minimum of 700
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 57.65% is below the maximum of 89.99%
CFCFS5269: Minimal use of credit - Clayton Comments: 8% revolving credit utilized |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 5 | 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: 804 Median FICO > 104 points above guideline minimum of 700
CFCFS1737: LTV below guideline requirements - Clayton Comments: Borrowers LTV of 70.00% is > 19.99% below guideline maximum of 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Borrowers have > 94.48 months PITIA above guideline minimum 3.00 months PITIA. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 23 | 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 | RESPA: Required Affiliate Business Disclosure missing |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO is 790, minimum required by G/L is 700
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $453,575.61 or 60.27 months PITI, 3 months required
CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the same employer for 11.1 months | |||||||||||||||||||||||||||||||||||||
| 44 | XXXXXX | XXXXXX | WA | QM: Safe Harbor |
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: $141549.63 verified cash reserves > $17951.19 product requirement
CFCFS1739: Positive mortgage payment history - Clayton Comments: 53+ months positive payment history with no 0x30/60/90 lates
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 760 FICO > 700 product minimum CFCFS1744: DTI below guideline requirement - Clayton Comments: 31.39% DTI < 45% product cap CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV < 89.99% product requirement | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 27 | 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 Close Assets are $109,653.99 or 6.50 months of PITIA. Required PITIA reserves are $16,847.14 x 3 months = $50,541.42
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 755 mid score > min required of 720
CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers have28 months mortgage payment history 0x30.
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 99 months. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 69 | 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: Credit score of 759 exceeds guidelines with a minimum credit score of 700.
CFCFS1736: Significant time at current residence - Clayton Comments: Borrowers have significant time at current residence with 14 years.
CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments: Consumer credit history exceeds guidelines with no late payments reporting within the past 10 years or more. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 71 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 80%; guidelines allow 89.99%.
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 29.46% is below the guideline maximum of 50%.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 782 mid score > min required of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 9 | XXXXXX | XXXXXX | CT | 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 $160611.58 or 11.87 months of PITI. 3 months reserves are required.
CFCFS1744: DTI below guideline requirement - Clayton Comments: 43.49% DTI < 50% AUS maximum
CFCFS1737: LTV below guideline requirements - Clayton Comments: 80% LTV below guideline requirements of 89.99% per program. CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Median FICO of 775 exceeds the guideline program minimum of 700. CFCFS5269: Minimal use of credit - Clayton Comments: Minimal usage of available revolving credit lines @ 11.69% |
| 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 43 | 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 | CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $1,040,920.10 or 3 months of PITI.Required PITI Reserves are $8,430.21 X 3/m = $25,290.63
CFCFS1744: DTI below guideline requirement - Clayton Comments: LTV is 80%; guidelines allow 89.99%. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 70 | 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 | 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 |
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 753 score exceeds the 720 minimum required.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS: $99,298.70 — $1,048.53 CTC = $98,250.17 reserves.$11,750.30 PITI * 3 = $35,250.90 required.
CFCFS1737: LTV below guideline requirements - Clayton Comments: 63.98% LTV with a max 89.99% allowed. | |||||||||||||||||||||||||||||||||||||
| 15 | 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 reserves $422,593.20 or 50.56 months PITI, reserves required $8356.85 X 3 = $25,070.55
CFCFS1734: Borrower has significant time at current job - Clayton Comments: The borrower has been with the same employer for 18 years
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Qualifying FICO is 810 minimum required by guidelines is 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 54 | 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 | RESPA: Required Affiliate Business Disclosure missing |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: ASSETS used: $2,798,178.65 — $30,000 EMD — $339,964.44 = $2,428,214.21 reserves.Total = $67,066.98 required.
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 798 score exceeds the 700 minimum required.
CFCFS2854: Significant time in profession - Clayton Comments: B1 has 20 years in profession. | |||||||||||||||||||||||||||||||||||||
| 14 | 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 | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self employed for more than 2 years.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified $898,132.76 post closing reserves or 50.30 months of PITI. 18 months required reserves: $17,855.64 X 18 = $321,401.52
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 785 mid score > min required of 740 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 85 | 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 | Please provide Affiliate Business Disclosure |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1737: LTV below guideline requirements - Clayton Comments: CLTV 76.38% below max CLTV 89.99%
CFCFS5269: Minimal use of credit - Clayton Comments: Credit Utilization is only 1%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post close reserves $35,931.07 or 5.27 months PITI, 3 months required CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Fico 756 exceeds minimum fico 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 |
Final S&P Property Valuations Loan |
Initial S&P Compliance Loan Grade |
Final S&P Compliance Loan Grade |
Condition Category |
Condition Sub |
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 |
Conclusion Comments |
TRID Error Type |
Cure Method |
Compensating Factors | |||||||||||||||||||||||||||||||||||||
| 81 | 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: 40 months of 0 x 30 exceeds guideline requirement of 12.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Verified reserves of $276,639.17 or 29.30 months PITI reserve exceeds required reserves of ($9,442.40 x 3 = $28,327.20).
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Representative score of 730 exceeds guideline requirement of 700.
CFCFS1737: LTV below guideline requirements - Clayton Comments: LV of 80 is below guideline requirement of 89.99. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 61 | 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 | CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80% is below the maximum of 89.99%
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: Credit score 748 exceeds the minimum of 720 CFCFS5269: Minimal use of credit - Clayton Comments: 17% revolving credit utilized | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 13 | 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 | CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has 10+ years at present job
CFCFS2860: Good credit history - Clayton Comments: Borrower has 0x30 for 82 months.
CFCFS1739: Positive mortgage payment history - Clayton Comments: Borrowers have55 months mortgage payment history 0x30.
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: Post Close Assets are $334,093.82 or 38.59 months of PITIA. Required PITIA Reserves are $8,656.65 X 3 months = $25,969.95
CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 750 mid score > min required of 700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| 62 | 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 | RESPA | Active | B | B | B | B | CMPRESPA863 | RESPA: Required Affiliate Business Disclosure missing |
No | Please provide Affiliate Business Disclosure |
(No Data) |
(No Data) |
(No Data) |
Not Applicable |
CFCFS1744: DTI below guideline requirement - Clayton Comments: DTI 39.66 % is below maximum allowed 50%
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV 80% is below maximum allowed 89.99%
CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments: 74.54 months of PITI reserves. | |||||||||||||||||||||||||||||||||||||
| 21 | 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 | CFCFS1741: Credit score exceeds guidelines - Clayton Comments: 785 mid score > min required of 700
CFCFS1737: LTV below guideline requirements - Clayton Comments: LTV is 70%; guidelines allow 80%.
CFCFS1734: Borrower has significant time at current job - Clayton Comments: Borrower has been self employed for more than 27 years. |
| Client Name: | PennyMac | |
| Client Project Name: | PNMAC PMTLT 2026-J6_J17370 | |
| Conditions Report 2.0 | ||
| Loans in Report: | 96 | |
| Loans with Conditions: | 25 | |
| Deal ID |
Loan Number | Lender Application Date | Broker Application Date |
Initial Securitization Overall Loan Grade |
Final Securitization Overall Loan Grade |
Initial Securitization Loan Credit Grade |
Final Securitization Loan Credit Grade |
Initial Securitization Loan Property Valuation Grade |
Final Securitization Loan Property Valuations Grade |
Initial Securitization Loan Compliance Grade |
Final Securitization Loan Compliance Grade |
Initial S&P Overall Loan Grade |
Final S&P Overall Loan Grade |
Initial S&P Loan Credit Grade |
Final S&P Loan Credit Grade |
Initial S&P Loan Property Valuation Grade |
Final S&P Loan Property Valuations Grade |
Initial S&P Loan Compliance Grade |
Final S&P Loan Compliance Grade |
Did Lender Acknowledge Exception at Origination | ||||||||||||||||||||
| 57 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 33 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 90 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 76 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 1 | XXXXXX | XXXXXX | XXXXXX | D | A | C | A | A | A | D | A | D | A | C | A | A | A | D | A | Not Applicable | ||||||||||||||||||||
| 16 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 39 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 96 | XXXXXX | XXXXXX | XXXXXX | C | A | C | A | A | A | A | A | C | A | C | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 48 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 91 | XXXXXX | XXXXXX | XXXXXX | D | B | A | A | D | A | C | B | D | B | A | A | D | A | C | B | Not Applicable | ||||||||||||||||||||
| 92 | XXXXXX | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | Not Applicable | ||||||||||||||||||||
| 49 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 20 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 52 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 74 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 93 | XXXXXX | XXXXXX | XXXXXX | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | Not Applicable | ||||||||||||||||||||
| 19 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 10 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 40 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 68 | 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 | D | B | D | A | A | A | B | B | D | B | D | A | A | A | B | B | No | ||||||||||||||||||||
| 11 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 28 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | No | ||||||||||||||||||||
| 77 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 50 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 80 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 89 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 8 | 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 | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 36 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 30 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 12 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 83 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 45 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 63 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 38 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 34 | 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 | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 46 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 35 | XXXXXX | XXXXXX | XXXXXX | B | B | B | B | A | A | A | A | B | B | B | B | A | A | A | A | No | ||||||||||||||||||||
| 51 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 75 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No |
| Deal ID |
Loan Number | Lender Application Date | Broker Application Date |
Initial Securitization Overall Loan Grade |
Final Securitization Overall Loan Grade |
Initial Securitization Loan Credit Grade |
Final Securitization Loan Credit Grade |
Initial Securitization Loan Property Valuation Grade |
Final Securitization Loan Property Valuations Grade |
Initial Securitization Loan Compliance Grade |
Final Securitization Loan Compliance Grade |
Initial S&P Overall Loan Grade |
Final S&P Overall Loan Grade |
Initial S&P Loan Credit Grade |
Final S&P Loan Credit Grade |
Initial S&P Loan Property Valuation Grade |
Final S&P Loan Property Valuations Grade |
Initial S&P Loan Compliance Grade |
Final S&P Loan Compliance Grade |
Did Lender Acknowledge Exception at Origination | ||||||||||||||||||||
| 78 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 86 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 18 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 31 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 56 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 42 | XXXXXX | XXXXXX | XXXXXX | C | B | A | A | A | A | C | B | C | B | A | A | A | A | C | B | No | ||||||||||||||||||||
| 6 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 72 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 4 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 26 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 41 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 53 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 17 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 59 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 60 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | No | ||||||||||||||||||||
| 79 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 82 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 67 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 65 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 7 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 29 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Yes | ||||||||||||||||||||
| 87 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 58 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 88 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 47 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 37 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 73 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 64 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 55 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 3 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 22 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 32 | XXXXXX | XXXXXX | XXXXXX | D | A | D | A | A | A | D | A | D | A | D | A | A | A | D | A | No | ||||||||||||||||||||
| 2 | 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 | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 25 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 24 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 5 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 23 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | No | ||||||||||||||||||||
| 44 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 27 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 69 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 71 | 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 Loan Credit Grade |
Final Securitization Loan Credit Grade |
Initial Securitization Loan Property Valuation Grade |
Final Securitization Loan Property Valuations Grade |
Initial Securitization Loan Compliance Grade |
Final Securitization Loan Compliance Grade |
Initial S&P Overall Loan Grade |
Final S&P Overall Loan Grade |
Initial S&P Loan Credit Grade |
Final S&P Loan Credit Grade |
Initial S&P Loan Property Valuation Grade |
Final S&P Loan Property Valuations Grade |
Initial S&P Loan Compliance Grade |
Final S&P Loan Compliance Grade |
Did Lender Acknowledge Exception at Origination | ||||||||||||||||||||
| 9 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 43 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 70 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 15 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 54 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Not Applicable | ||||||||||||||||||||
| 14 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 85 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | No | ||||||||||||||||||||
| 81 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | No | ||||||||||||||||||||
| 61 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 13 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable | ||||||||||||||||||||
| 62 | XXXXXX | XXXXXX | XXXXXX | B | B | A | A | A | A | B | B | B | B | A | A | A | A | B | B | Yes | ||||||||||||||||||||
| 21 | XXXXXX | XXXXXX | XXXXXX | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | Not Applicable |